Economics
Norway To Raise Rates By 0.5% This Week – Reuters survey
Summary 28 of 30 economists predict 50 bps hike to 2.25% on Sept 22 Rate would...
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The Massive Fed Rate Hike ‘Wrecking Ball’ Expected To Slam Into Bitcoin Hard
The United States rate hike mission in 2022 has dealt a huge blow to Bitcoin, Ethereum,...
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GMX Decentralized Exchange Suffered $565K Price Manipulation ‘Exploit’
On September 2, a founder of a decentralized exchange (DEX) competitor to GMX said that an...
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EU To Raise $140B To Shield Consumers From Energy Predicament
Summary Russia has gradually cut gas supplies to Europe European governments dish out billions to help...
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China’s Economy Rebounds But Threatened By Property Crisis
Summary Key August indicators better-than-anticipated Retail sales growth fastest in 6 months Property fall a significant...
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Gold Struggles Near 28-Month Low As Fed Rate Hike Fears Loom
Gold is quite sensitive to surging US interest rates, as they grow the opportunity cost of...
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Norwegian Central Bank Uses Ethereum For CBDC Work
Norway’s central bank has made the source code for its central bank digital currency (CBDC) sandbox...
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Oil Rises As Traders Profit From Dropping Prices Over Global Recession Concerns
Fears of the US Federal Reserve raising interest rates further next week to tame inflation has...
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The G7’s Price Cap On Russian Oil Starts To Fall Into Place
The Group of Seven (G7) countries is planning to cap the price of Russian oil in...
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U.S. Mortgage Interest Rates Exceed 6% For The First Time Since 2008
The average interest rate on the most attractive U.S. home loan jumped above 6% for the...
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