Market News

The Chinese government recently declared all cryptocurrency transactions illegal, causing cryptocurrency exchanges to cut ties with users from mainland China.

This could eventually push the European Central Bank to reconsider its ultra-loose monetary policy stance.

S&P 500 Worst Day Since May; US 10-Year Yield Breaks 1.5%; British Pound Hits 8-Month Low

Oil Jumps on Supply Crunch; Stock Markets Steady Since Open; German CDU Gets Poor Result

A deep dive into the FOMC’s September 2021 monetary policy statement, the market reaction, and the eventual implications of QE on the stock market.

Evergrande currently owes more than $300 billion to different financial institutions, and given its current financial situation, it's highly likely that it will default at some point.

FOMC Majority Sees 2022 Hikes; Fed Indicates Tapering to Start in November; USD, Stocks Slightly Higher

The company owes money to 171 Chinese banks and 121 other firms, so its potential default could affect local financial institutions’ lending capabilities.

Global Stock Markets Mostly Weaker; US Dollar Strong; BoJ Leaves Policy Unchanged

This announcement came after the German government reported its highest inflation level since 1993, as the Consumer Price Index stood at 3.9% in August.

Global Stock Markets Weaker; Chinese Contagion Risk; Dollar & Yen Strong

This would require crypto asset service providers to comply with the regulatory framework, which includes operational and organizational requirements.

US CPI Lower Than Expected; Poor Chinese Retail Sales Hits Stocks; Natural Gas Hits Multi-Year High

WTI Higher on US Supply Chain Concerns; Quiet Forex Market; Cryptocurrencies Weak

Fears of Slower Growth Hit Stocks; US Dollar Bid; Cryptocurrencies Weak