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Giancarlo, who is also known as “CryptoDad,” will work alongside other board members, including former U.S. Senator Bill Bradley, D-N.J. Paxos CEO Charles Cascarilla welcomed Giancarlo, highlighting his advocacy for blockchain technology. “He has ...
Global trade could more than double this year, according to the three major international economic organizations. Despite lower inflation, interest rates, and increased economic activity, persistent risks and divergences between economies still ...
In April 2024, the Consumer Price Index (CPI) accelerated over one month: +0.5%, after +0.2% in March. The rise in prices is explained by the increase of the prices of services (+1.0% after 0.0%), trained by transport (+5.6% after ‑0.9%) and ...
In Binner et al. (2024) we developed a method for predicting the future path of CPI inflation over a 12-month period by combining the monthly drop outs of past inflation (often called base effects) with a forecast of the future “drop ins” month by ...
The UAE remains the world’s fifth-largest in terms of gold jewellery demand despite falling consumption level in the past 12 months as the yellow metal’s rise to all-time highs above $2,400 an ounce this year continues to captivate global markets. ...
Electric vehicles (EVs) are radically transforming the transport sector, redefining the automotive market, and reshaping global trade in transport equipment. By the end of 2023, EVs accounted for more than a third of all car imports in value terms. ...
MicroStrategy Inc., a company best-known for accumulating a roughly $13 billion hoard of Bitcoin, will be included in a key global equity index following a rally in the firm’s shares that outpaced the digital asset. The Tysons Corner, Virginia-based ...
The information and communication technology (ICT) sector grew by an average of 6.3% between 2013 and 2023, about three times faster than the total economy across the 27 OECD countries analysed. The first volume of the OECD Digital Economy Outlook ...
Gold’s price appears to have moved higher since our last report, following the developments in the Middle East. Today we are to discuss the fundamental challenges laid ahead for the precious metal as well as upcoming financial releases that may ...
The US Energy Information Administration (EIA) said on Tuesday that Iraq’s oil exports to the United States surpassed eight million barrels during April. According to the EIA, Iraq’s crude oil exports to the United States in April were approximately ...
Bitcoin (BTC) declined by 2.12% on Tuesday (May 14). Partially reversing a 2.33% gain from Monday (May 13), BTC ended the session at $61,587. Investor caution before US consumer price inflation numbers likely impacted buyer demand for BTC. An upward ...
Crypto retail investors have often been the victims of hacks and scams within the industry. Now a major investment firm is on the receiving end. BlockTower Capital’s main hedge fund has been compromised and partially drained by fraudsters, according ...
On Wednesday (May 15), Bank of Japan views on monetary policy and Japanese government talk about interventions may impact buyer demand for the USD/JPY. The USD/JPY advanced for the sixth time in seven sessions on Tuesday (May 14), raising the risk ...
Bitcoin price defends support due to ascending trendline as BTC bulls hold above $61,000. GameStop stock shapes and accelerates markets for two days after Roaring Kitty’s surprise resurfacing. GME could generate renewed appetite for risk/hype among ...
LME copper prices opened at $10191.5/mt and closed at $10075/mt last evening, down 1.28% with the high-end of $10260/mt and the low-end of $10046/mt. Trading volume was 43,000 lots and open interest stood at 336,000 lots. The most active SHFE 2407 ...
We expect the RBNZ will leave the OCR at 5.5% at its May Monetary Policy Statement. • The RBNZ will likely remain comfortable with the forward outlook communicated in the February Monetary Policy Statement. • We don’t see a significant change in the ...
Oil prices rose in early trade on Wednesday as large wildfires were threatening Canada's oil sands and as the market expected U.S. crude oil and gasoline inventories to show a drawdown later in the day. Brent crude futures were up 34 cents, or 0.4 ...
The plan is still in early stages of development. China's central government (State Council) is encouraging feedback from regional authorities on what is said to be a large scale plan: • Local governments would buy "millions" of unsold homes says ...
Tokyo-based Bitcoin trade, Mt. Gox is getting ready to launch a considerable quantity of Bitcoin (BTC) into the market, signaling the upcoming disbursement of funds to collectors who had been affected by its hack assault in 2011. Mt. Gox Set To ...
Treasurer Jim Chalmers has handed down the 2024-25 federal budget. The budget is set to deliver a $9.3 billion surplus for this financial year — the Albanese government's second in a row. But that's expected to be followed by double-digit deficits ...