PBOC adds CNY30 billion via seven-day reverse repos to rescue Chinese stocks
To calm nerves and stabilize the domestic equity market, the People’s Bank of China (PBOC)
Mastercard (MA Stock) supports cryptos while Bitcoin rallies
Cryptocurrencies MasterCard has shown a strong interest in blockchain technology in recent months. The company
Wall Street Close: Bullish consolidation extends on US data, mixed earnings
US equities posted the least daily gains in three. US Jobless Claims spike, jump in
60% of uber-rich family offices considering crypto or own it: Goldman Sachs
A survey conducted by major investment bank Goldman Sachs has found that close to half
US: Inflation to run between 2-3% in the aftermath of pandemic – JP Morgan
Looking to 2022 and beyond, inflation will be primarily determined by its long-term drivers. Economists
US: Value stocks to regain the lead for three main reasons – UBS
The swing from growth stocks into value has been one of the major market themes
Bitcoin investors sit on sidelines ‘licking their wounds’ despite 15% bounce on weekend
Bitcoin climbed more than 15% over the weekend as prices bounced from four-day lows after
Good data is now bad news for US stock markets – Charles Schwab
It is possible that good data could be interpreted as bad news for the US
US: Strong growth and accommodative monetary policy to supports equities – JP Morgan
At the June meeting, the Federal Open Market Committee (FOMC) signaled a more hawkish stance
Three reasons why economic and policy backdrop remains positive for stocks – UBS
For those worried about rising inflation, last week’s economic data delivered fresh cause for concern.