Anticipation Builds for July 27 Release of Basel III Capital Requirements by Fed: Bloomberg
US Bank Regulators Prepare for Proposed Capital Requirement Changes In a notable development in the banking sector, U.S. bank regulators are set to introduce a series of proposed changes to capital requirements on July 27, in their ongoing attempt to align the nation’s finance rules with global standards. The move, as reported by Bloomberg, involves […]
June’s Producer Price Report Dims Trader Hopes for a Post-July Fed Rate Hike
Federal Reserve Rate Hike Likelihood Decreases After New Reports According to the latest updates in the finance world, the chances of a rate hike by the Federal Reserve after July are becoming less probable. This development comes after the recent release of two reports over the last two days that indicate a softening of U.S. […]
“Unveiling the NY Fed and MAS Report: Revolutionary Insights Worth 15 Words!”
According to the report, the various teams were able to perform cross-border transactions with near real-time settlement finality across distinctly distributed ledger (DLT) and hashed timelock contract (HTLC) technology stacks. The New York Federal Reserve’s New York Innovation Centre’s Project Cedar and the MAS’s Project Ubin+ stated on May 19 that they investigated a cross-border […]
“Treasury Yields Surge as April Jobs Exceed Expectations: Traders Dismiss June Fed Rate Cut”
US Treasury yields across maturities increased on Friday after better-than-expected jobs data for April eased concerns of an economic slowdown. Treasury yields move inversely to prices. A strong jobs report often results in a decrease in bond prices, as it sends investors looking for riskier assets like stocks, causing an increase in yields. This time, […]
US Stocks Persistently Ascend After Fed Grants High-Demand 25 Basis Point Rate Hike
US stocks continue to exhibit gains, though the Dow Jones has fluctuated, with the Federal Reserve increasing its policy rate target by 25 basis points while taking a more dovish approach in its policy statement. The S&P 500 has gained nine points, or 0.2%, settling at 4,128. Meanwhile, the Nasdaq Composite has increased by 49 […]
Crypto World Alert: Bitcoin Dips After Fed Rate Hike Sparks Investor Skittishness
Bitcoin (BTC) slipped below $28,500 after the Federal Reserve raised interest rates by 25 basis points (bps). As widely expected, the Fed’s decision brought the central bank’s key lending rate to a target range of between 5% and 5.25%. The world’s largest cryptocurrency by market cap was recently trading at approximately $28,350, down about 1% […]
“Futures Traders Raise Odds for Year-End Rate Cuts amid Fears of Regional Bank Crisis”
Market participants have increasingly been pricing in multiple rate cuts by the US Federal Reserve in 2023, with a 59% chance of the central bank’s main policy rate target falling to between 4.25% and 4.5%, according to the CME FedWatch tool. This represents a significant increase from the 28% chance recorded on Monday and implies […]
For Two Weeks Straight, Banks Boost Borrowing from Fed – What’s the Inside Scoop?
Banks in the US have continued to increase their borrowing from the Federal Reserve, marking the second week in a row where this has been the case. This indicates that stresses on the financial system have yet to entirely dissipate. With borrowing increased by $11.3 billion for a total of $155.2 billion within the seven […]
Feds Reveal Insights About Silicon Valley Bank Fiasco on Friday – Don’t Miss Out!
The Federal Reserve announced on April 28 that it will release a review of its oversight of Silicon Valley Bank (SVB). The bank was taken over by regulators in early March following concerns of a bank run as news of its fragile financial position spread. The review is led by Fed Vice Chair for Supervision […]
“Board Director Bowman Warns: Central Bank Digital Currencies May Pose Severe Risks”
Title: CBDCs’ Potential Risks and Implications on Global Financial Stability Introduction Central Bank Digital Currencies (CBDCs) have become a widely debated topic as major financial institutions around the world are exploring and researching their potential use and implementation. However, despite the promise and potential benefits that many stakeholders claim for these virtual currencies, there are […]