Financial News

It has been a mixed morning for the crypto market. However, XRP get bullish on the main news story of the morning, Ripple’s latest Court filing.

France needs substantive pension and other reforms to ease structural budgetary constraints by containing expenditure and raising growth potential, but implementation faces stiff political opposition.

It has been a busy start to the week, with the United Nations sounding the alarm bells. Regulatory chatter was also back in focus ahead of today’s US stats

Mortgage rates continued to march towards 7.0%. Core PCE Price Index numbers for August and this week’s labor market stats could deliver another rise.

It’s a busy day ahead for the crypto market. While the latest Court ruling is crypto positive, Fed fear could resurface later with US inflation in focus.

Hurricane Ian leaves the State of Florida and as residents and businesses assess the damage, the Fed may be concerned with the impact on inflation.

The Pound and riskier assets have taken a step back after Wednesday’s bullish session. Hawkish Fed chatter and economic woes remain headwinds.

The UK government’s ‘mini-budget’ risks reversing the country’s debt-to-GDP trajectory in the medium run unless growth-enhancing policies can transform growth of potential output.

Overnight, news hit the wires of Apple pulling plans to ramp up iPhone production. The news refueled recession fears, weighing on riskier assets.

Historically, central bankers and the markets have taken note of the bond markets. This time around, the bond markets are taking a hit.

Giorgia Meloni looks set for a remarkable victory after only getting 4% of the vote four years ago, as Italy goes far right.

Mortgage rates continue to rise, despite economic headwinds. US economic indicators and Fed Chair Powell will influence in the coming week.

XRP and DOGE are among the crypto front runners this week as the crypto market decouples from the NASDAQ 100. Headwinds linger, however.

The crypto market hit reverse on Wednesday as investors responded to the Fed rate hike, FOMC projections, and Powell’s press conference.

The Russian government has used windfall export revenues to mitigate the immediate domestic economic impact of the war in Ukraine and sanctions, but the longer-term outlook has worsened.

It was a bearish morning for the crypto market as Fed fear lingered ahead of Wednesday’s policy decision. Volatility will likely pickup further.

Political and economic constraints will likely limit any new Italian government’s room for rolling back reform and pursuing unorthodox economic policies, containing risks to Italy’s credit ratings.

US mortgage rates return to 6% for the first time since 2008. A hawkish Fed rate hike could add further pressure on housing market conditions.

It has been a choppy few days for the crypto market. While the markets settle following the Merge, regulatory scrutiny is on the rise.

It is a bearish Thursday session for the crypto market, with the Ethereum Merge and other bearish news sending the broader market into the red.