ECB Signals More Rate Hikes as Inflation Remains High

August 8, 2023

Frankfurt, Germany, August 08 – The European Central Bank (ECB) raised interest rates by 25 basis points on Thursday, July 27, its first increase in over a decade, in an effort to tackle inflation that is running at a record high. The ECB also said that it expects to raise interest rates again in September […]

SEC Approves Nasdaq Options Listing for BlackRock Bitcoin ETF

September 24, 2024

New York, Tuesday, September 24, 2024-The US Securities and Exchange Commission (SEC) has approved Nasdaq’s International Securities Exchange (ISE) to list and trade options on BlackRock’s iShares Bitcoin Trust (IBIT).This significant move follows months of review and signals growing acceptance of Bitcoin derivatives in the financial sector. BlackRock initially submitted the proposal in March 2024, […]

US Bond Market Meltdown Seen as Potential Risk by Analysts

April 16, 2024

WASHINGTON, Monday, April 08, 2024- A potential meltdown in the U.S. bond market is emerging as a growing concern for some analysts, citing factors like rising interest rates and high inflation. While the risk is not imminent, analysts warn that a confluence of events could trigger a sharp sell-off in U.S. government bonds, sending interest […]