by South China Morning Post | Mar 9, 2024 | AlphaTack Intel
Consumer price index (CPI) grows by 0.7 per cent year on year in February, beating forecasts and marking first rise following six months of decline However, factory-gate prices fall for 17th straight month in what analyst describes as ‘warning signal’ that deflation...
by Bloomberg.com | Mar 9, 2024 | AlphaTack Intel
Chinese consumers and central banks have bolstered gold market Timing of Fed pivot to cutting rates remains key gold driver This week’s gold rush may have been triggered by bets on the US Federal Reserve’s long-anticipated pivot to looser monetary policy, but the...
by Bloomberg.com | Mar 8, 2024 | AlphaTack Intel
Conservatives irate over lack of major spending cuts in bill Remaining parts of the government now face March 23 deadline The US Senate approved a $460 billion funding package, sending it to President Joe Biden in time to sign before a looming Saturday partial...
by Bloomberg.com | Mar 8, 2024 | AlphaTack Intel
Central bank posted lowest monthly CPI in almost 12 years The country is experiencing gradual economic recovery, VP says Venezuela’s Vice President Delcy Rodríguez on Friday rejected the findings of an opposition-led research group that showed consumer prices slipped...
by Liberty Street Economics | Mar 8, 2024 | AlphaTack Intel
In a previous post, we described the rapid growth of the stablecoin market over the past few years and then discussed the TerraUSD stablecoin run of May 2022. The TerraUSD run, however, is not the only episode of instability experienced by a stablecoin. Other...
by ForeignPolicy.com | Mar 7, 2024 | AlphaTack Intel
And the West isn’t ready for it. On a recent Monday, when a generically named Chinese ship called the Explorer No. 1 docked in the German North Sea port of Bremerhaven, it may have inaugurated a new era in the global economy. What was special about the vessel was not...