Recap

FTX founder Sam Bankman-Fried’s criminal trial for fraud resumed at 10 a.m. New York time, as Federal Judge Lewis A. Kaplan moved to conclude jury selection and hear opening statements from attorneys on both sides. Senior District Judge…

Sam Bankman-Fried’s historic trial has started today in New York City, as the former FTX CEO is set to be tried on seven different charges of wire fraud and money laundering. The historic trial of Sam Bankman-Fried, the founder of a…

The past few days have witnessed multiple news surrounding the ongoing legal battle between Ripple and the US Securities and Exchange Commission (SEC) and some essential developments focused on the popular memecoin Shiba…

Currency performance was pretty mixed this week, likely the result of traders balancing U.S. dollar dominance & individual currency narratives. But after a big Dollar pullback on Thursday that it couldn’t fully recover from, the Kiwi…

The U.S. dollar and surging bond yields stole the show this week, staying in positive territory throughout, supported by hawkish central bank rhetoric.  Unfortunately this was the worst environment for gold bulls. Not caught up on the…

Well, folks, buckle up because it’s been quite a week in the wild world of finance! It was like a circus, with central banks strutting their stuff, trying to balance signals of weakening growth and sticky inflation. Let’s break it down…

The week’s primary focus revolved around central bank actions in response to persistent inflation and economic slowdown signals. The New Zealand dollar emerged as the top-performing currency, while the British pound struggled to last…

Risk currencies were strutting their stuff like they just won a Super Bowl thanks to positive economic updates from the U.S. and from China pulling out fresh ways to stimulate their economy. We guess that traders are all in for that…

Risk assets were generally on top this week thanks to net positive economic updates from the U.S. and stimulative efforts from China, supporting “soft landing” bets. Meanwhile, European currencies like EUR, GBP, and CHF lost pips as…

Monday:ECB’s Wunsch (hawk – non voter) remains in favour of raising interest rates again:Underlying inflation remains persistent, may need more rate hikes.I’m inclined to say we maybe need to do a little bit more.The idea that…