BlackRock Will Use Kraken’s Subsidiary For Their Crypto-Related Products

While mainstream media talks about the inevitable downfall of the whole crypto industry despite apparent signs of the opposite, we have other significant news to discuss. JPMorgan and BlackRock are two companies that continue expanding their crypto offerings even if their CEOs are talking about their doubts about the future of the domain. BlackRock is … Read more

Indonesia To Launch Its Cryptocurrency Stock Exchange By The End Of 2022

It seems that the project is finally close to its logical conclusion. At the beginning of 2021, the Indonesian government announced its plans to establish a crypto stock exchange that would allow all exchanges in the country to start operating legally and with full cooperation from authorities. It was a great announcement that immediately lifted … Read more

BOJ Policymakers had Warned of Harm from Excess Yen Moves in April

Minutes of the policy meeting of the Bank of Japan in April showed that some of the board members had been concerned about the excessive volatility in the Japanese currency. They had been concerned that it would disrupt the plans of corporate businesses, which highlighted the challenges that policymakers had to face because of the … Read more

Forceful Fed and Weak Pound Pushing Bank of England to Act Big

Fed- Bank of England

With the Sterling sinking and the US Federal Reserve raising borrowing costs rather aggressively, it is understood that pressure will be high on the Bank of England (BoE) policymakers to announce a substantial interest rate hike this week. Increase is Inevitable Despite the fact that data showed Britain’s economy shrinking in April unexpectedly and indications … Read more

UK Job Market Loses Inflation Heat

UK inflation

The jobless rate climbed for the first time in Britain since late 2020 and there was a cooling in other measures of the hot labor market in the country. This is likely to ease the inflation concerns that the Bank of England (BoE) may have, which is scheduled to raise interest rates in the country … Read more