Stocks plunged to fresh yearly lows ahead of the FOMC rate decision- the battle-lines are drawn. Levels that matter on S&P 500, Nasdaq & Dow weekly technical charts.
Crypto platforms like Coinbase, FTX and Binance, stablecoin issuers including Tether and Circle and other crypto players likely face at least tens of millions of dollars in new regulatory costs if Congress, as we expect, passes a comprehensive new framework for crypto in 2023.
Fed day is here and markets are primed for a 75 basis point hike, along with assurances of more to go along with the start of QT. This is an unprecedented shift from the FOMC and markets are hangin…
To launch Bloomberg’s UK policy series, Bloomberg hosted Gwyneth Nurse, Director General of Financial Services at HM Treasury, to share her thoughts on the UK’s efforts to position itself as a competitive financial center post-Brexit.
Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger EUR/GBP-bullish contrarian trading bias.
Bloomberg recently announced that ZA Bank Limited (“ZA Bank”), a leading virtual bank in Hong Kong, has adopted Bloomberg’s sell-side trade order management system (TOMS) to support its Treasury’s fixed income investment portfolio.