Search Results for: pound sterling

Bank of England Hikes Repo Rate by 75bps — UK’s 30-Year Fixed Mortgage Rate Jumps to 7%

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en noviembre. 3, 2022, the Bank of England followed the U.S. Federal Reserve by codifying the eighth consecutive benchmark bank rate hike by 75 puntos básicos (bps). The increase brings the United Kingdom’s main lending rate to 3%, after a majority…

Los estrategas de FX de Citi dicen que el euro podría hundirse a $0.86 si la turbulencia macro continúa

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While the euro has found support between 0.96 a 0.97 nominal U.S. dollars per unit, foreign exchange (FX) strategists from Citi believe the euro could tap a low of around $0.86 against the greenback. While the dollar slumped on October 13,…

S&P Global Report Says EU and UK Are in a Recession, Putin Thinks the West Is Greedy

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Este Dia’s blustery global economy has everyone on edge as inflation has wreaked havoc on the wallets of ordinary people and energy prices continue to soar worldwide. According to Credit Suisse, “the worst is yet to come,” as the global investment bank’s…

Near Protocol Supports Tether USDT, Stablecoin Is Now Hosted on 14 Blockchain Networks

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Los lunes, the stablecoin issuer Tether Operations Limited announced that the stablecoin tether is now supported by the Near blockchain network. Following a number of recent implementations, Near will be the 14th blockchain network that hosts the largest stablecoin by market…

IMF Bailout Could Be in UK’s Future, Says Strategist

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Mizuho Securities’ head of global macro strategies has warned that an IMF bailout may be in the U.K.’s future. Es más, a former chancellor of the exchequer cautioned that Britain is entering a long and severe recession, emphasizing that it’s “the worst…

India supera al Reino Unido como la quinta economía más grande del mundo según datos del FMI

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India is now the world’s fifth-largest economy after surpassing the U.K., the latest data from the International Monetary Fund (FMI) shows. India’s former chief economic advisor expects the country to become the world’s third-largest economy by 2028-30. India Becomes 5th Largest…

El número de monedas estables vinculadas al euro ha aumentado 1,683% Ya que 2020

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While the stablecoin economy is worth roughly $153 mil millones hoy, euro-backed stablecoin issuance has increased 1,683% de $31.9 million worth of euro-based tokens on January 3, 2020, to today’s $569 millón. Since November 2021, the number of euro stablecoins swelled by…