Bank of Japan may signal a rate hike in December, sources say, as officials weigh tighter policy to curb inflation. Markets monitor BOJ communications for forward guidance and timing of any shift.
U.S. employers added just 22,000 jobs in August, a sharp slowdown that coincided with the unemployment rate climbing to 4.3%, highlighting emerging slack in the labor market.
The U.S. 30-year Treasury yield has surged past 5%, a critical threshold, following Moody’s downgrade of debt ratings amid rising fiscal concerns. This unprecedented shift raises alarms about long-term economic stability and investor confidence.
BlackRock’s spot Bitcoin ETF marked its second-best day ever, attracting nearly $1 billion in inflows. This surge follows a significant $184 million influx just yesterday, highlighting growing institutional interest in cryptocurrency investments.
Bitcoin is poised to conclude its worst month since June 2022, reflecting ongoing market volatility. Additionally, the cryptocurrency is on track for its lowest weekly performance since November 2022, raising concerns among investors about future price stability.
In a surprising turn of events, FLOCKERZ has soared in value, showcasing robust growth in the competitive market, while HAWK’s stock plummeted by 95%. Analysts attribute FLOCKERZ’s success to innovative strategies and market expansion efforts.
BRICS countries have reduced US Dollar and Euro transactions to less than 30%, signaling a shift in global currency preferences.