U.S. Rates have risen the most since 1987
On Monday, Treasury rates jumped the most in two days in decades, rattling global assets in one of the clearest indicators yet that the age of easy money is coming to an end. Even just a few days ago, global…
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Inflation accelerates more than Previous reports
The Consumer Price Index Report released on Friday sent financial markets into a panic. The annual rate of 8.6% was a new multi-decade high, delivering a body blow to economists who thought inflation expectations had ended. Investors now believe the…
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Forex News June 14, 2022
Dollar The dollar rises as stock market gains fade.Risk appetite has been sapped in European morning trade, as European indices have gone negative and US futures are now just staying afloat. Dollar bids have returned, and the dollar is now…
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Lira Crisis
The cost of insuring against Turkey's government defaulting on its debt in the next five years has risen to its highest level in nearly two decades. On Monday, credit default swaps hit an all-time high of 870 basis points, highlighting…
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Crypto crash
Bitcoin, the largest and most popular cryptocurrency, has dropped to $24,000, while almost all altcoins, beginning with Ethereum, have been losing value since the weekend. Ethereum is trading at around $1238, its lowest level in more than 14 months. Solana…
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