Argo Blockchain plc (OTCMKTS:ARBKF) experienced a significant increase in short interest during the month of September. The short interest reached a total of 78,400 shares, marking a growth of 25.0% from the previous month’s total of 62,700 shares. With an average daily trading volume of 26,500 shares, the short-interest ratio currently stands at 3.0 days. ...
Title: Rising U.S. Treasury Losses and Interest Rates Spark Concerns of Financial Instability Subtitle: Bitcoin and Risk-On Assets Face Uncertainty Date: [Current Date] The United States economy is currently facing a period of turbulence, as the U.S. Personal Consumption Expenditure (PCE) inflation index has risen by a significant 3.5% over the past 12 months. Despite ...
In a recent speech, the chief of the New York Federal Reserve, John Williams, stated that a key U.S. interest rate is currently “at, or near, the peak level.” However, he also emphasized that borrowing costs will need to remain high for “some time” in order to ensure that inflation is effectively controlled. Williams acknowledged ...
SEO Friendly News Article Despite Challenges, Crypto Derivatives Markets Continue to Thrive Introduction At the end of 2017, CME Group and Cboe Global Markets received regulatory approval to list futures on bitcoin. A lot has happened in the intervening years, including the so-called “crypto winter” of 2022. But an FIA data analysis shows that, despite ...
SEO Friendly News Article American Dream Delayed for First-Time Homebuyers Due to High Mortgage Rates and Home Prices Key Measure of Home-Purchase Applications Drops as Mortgage Rates Surge The Mortgage Bankers Association’s index of mortgage applications fell 1.3% last week The average rate on the popular 30-year loan climbed to 7.41% from 7.31% the previous ...
World May Not Be Ready for US Interest Rate at 7%, JPMorgan’s CEO Says World May Not Be Ready for US Interest Rate at 7%, JPMorgan’s CEO Says “I am not sure if the world is prepared for 7%,” said the JPMorgan CEO earlier Tuesday. Rise in U.S. Federal Reserve’s Benchmark Rate Dimon noted that ...
Neel Kashkari, President and CEO of the Federal Reserve Bank of Minneapolis, attends an interview with Reuters in New York City, New York, U.S., May 22, 2023. Mike Segar | Reuters Minneapolis Federal Reserve President Neel Kashkari: Interest Rates May Need to Move Higher to Bring Down Inflation Minneapolis Federal Reserve President Neel Kashkari thinks ...
SEO Friendly News Article Wall Street Disappointed as Fed Signals Higher Interest Rates Introduction On the downside, the Federal Reserve reiterated their intention to boost the benchmark federal funds lending rate one more time this year in a bid to ensure that inflation continues to cool. Moreover, policy makers indicated they would keep borrowing costs ...
Barclays Analyst Predicts Tesla to Miss Q3 Deliveries Elon Musk’s pioneering electric car company Tesla (NASDAQ:TSLA) is facing a potential slowdown in deliveries for the third quarter, according to Barclays analyst Dan Levy. In his research note, Levy warns that Tesla is likely to deliver no more than 455,000 units, falling short of Wall Street’s ...
SEO Friendly News Article The Unsustainable Trajectory of US Debt Interest Payments Getty Images Key Points: The trajectory of US debt interest payments is not sustainable, Maya MacGuineas told Insider. Interest will eclipse defense spending in four years, the Committee for a Responsible Federal Budget president said. By 2051, interest payments will be the single ...
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