Search Results for: markets and prices

Perspectivas de América Latina: Bolivia considera yuan chino para acuerdos comerciales, Steve Hanke propone una solución de 30 días para la inflación venezolana

por

Bienvenido a Latam Insights, un compendio de las noticias criptográficas y de desarrollo económico más relevantes de América Latina durante la última semana. En este asunto, Bolivia analiza usar el yuan chino en acuerdos comerciales internacionales, la inflación alcanza 108.8% en Argentina, y…

Ex-Coinbase Exec Balaji Srinivasan Closes Out $1 Million Bitcoin Bet

por

Former Chief Technology Officer at Coinbase, Balaji Srinivasan, closed out early a bet that the price of bitcoin would hit $1 million by mid-June amid hyperinflation of the U.S. dólar. Srinivasan paid a total of $1.5 millón, more than the initially…

Pacwest Stock Plummets Over 35% Following Release of Q1 Earnings Report Amidst Turmoil in Banking Industry

por

Following the acquisition of First Republic Bank by JPMorgan Chase, several regional banks such as Pacwest and Western Alliance experienced a significant drop in their stock prices. On Tuesday afternoon, all four major U.S. benchmark stock indexes are in decline as…

Japan’s Inflation Surges to 3.5% as New BOJ Governor Takes the Helm

por

Esta semana, the Statistics Bureau of Japan unveiled the latest core consumer price index (IPC) report for the country, revealing a surge to 3.5%. This figure comes as a surprise to analysts who had predicted a more modest 2.9% for the…

Gold Slides on Higher US Treasury Yields, Dólar

por

Prices of gold, and other precious metals, fell on Wednesday due to stronger U.S. yields and national currency. The decline comes on the backdrop of expectations of new interest rate increases next month amid persistent inflation in the United States and…

IMF Blog: Interest Rates to Fall to Pre-Pandemic Levels Once Inflation Is Tamed

por

When inflation in advanced economies is tamed, real interest rates are likely to drop to pre-pandemic levels, the latest International Monetary Fund (FMI) blog post has said. According to the authors of the blog post, the transition to a “cleaner economy…

Economists Expect the Fed to Reveal Another 25bps Rate Hike Before Pausing for the Rest of 2023

por

After the March rate hike by the Federal Reserve, economists believe that the recent move by Saudi Arabia and several members of the Organization of the Petroleum Exporting Countries (OPEC) to cut oil production could complicate the central bank’s mission. Además,…

Market Analyst Heralds the Collapse of ‘Everything,’ Calls for Hedging in Gold and Silver Before There Isn’t Any Left

por

Egon von Greyerz, market analyst and founder of Matterhorn Asset Management, is predicting the collapse of the central bank system in the next few years due to an increasing issuance of currency and debt. Von Greyerz states that in the face…

Analysts Suspect Banking Crisis Triggered ‘Resting Bull Market’ in Gold, Silver Could Print Much Higher Gains

por

At the start of the week, a troy ounce of .999 fine gold was trading at $1,813 por unidad. Seven days later, gold rose 9.65% contra los estados unidos. dollar to the current spot price of $1,988 per ounce. Gold’s rise comes…

Bitcoin, Análisis técnico de Ethereum: ETH Moves Above $1,800 as BTC Nears $28,000

por

Ethereum rose above $1,800 for the first time since August, as markets continued to react to the Fed’s decision to inject $300 billion into the economy. This comes following the recent banking crisis, which saw the likes of Silicon Valley Bank…