China’s ‘two sessions’: Central bank and finance chiefs retain spots in cabinet shake-up From channelnewsasia.com
China’s legislature confirmed continued leading roles at the central bank and the finance ministry for Yi Gang and Liu Kun, as the country doubles down on tackling stubborn financial risks
Silicon Valley Bank collapses after failing to raise capital
Silicon Valley Bank collapsed Friday morning after a stunning 48 hours in which a bank run and a capital crisis led to the second-largest failure of a financial institution in
US Jobs Report and Powell Testimony Take Center Stage
US job growth probably moderated last month after a blistering January pace, while the unemployment rate likely held at a 53-year low, illustrating a labor market that’s proved mostly impervious
Bitcoin’s Inflation Rate Falls Three Times Lower Than USD
The inflation rate of the leading cryptocurrency bitcoin has fallen by at least three times when compared to the rate of United States Dollars (USD). Notably, the current inflation rate
Why Central Banks are Buying Gold: The Role of Money Supply & Forex Trading Opportunities
During the Second World War, a popular saying among the rich and powerful in England went … ‘When you hear the wails of the air raid sirens or the klaxons, China sets slightly lower annual GDP growth target
The Chinese government on Sunday (Mar 5) set a slightly lower annual economic growth target compared with last year’s goal, as the world’s second-biggest economy began to emerge from three
Week Ahead: February ISM Services and Auto Sales to Show January US Data were Exaggerated
A key issue facing businesses and investors is whether the US January data reflects a reacceleration of the world’s largest economy or whether it was mostly a payback for extremely Bitcoin price tumbles to 10-day lows as ‘Notorious B.I.D.’ keeps support at $22.5K
(BTC) threatened to ditch $23,000 as support on Feb. 25 as an ongoing price correction strengthened into the weekend. BTC/USD 1-day candle chart (Bitstamp). Source: TradingView Data from Cointelegraph Markets Pro and TradingView showed BTC/USD
Euro-Area’s Core Inflation Problem to Come to the Fore
Fresh data from the euro zone are set to highlight why European Central Bank officials are hanging onto their hawkish tone, even as the region’s worst-ever spike in prices recedes.