AUD/USD
reversed its direction following Friday's rebound and closed in negative territory on Saturday and Sunday. BTC/USD stays on the back foot and declined toward $28,000 early Monday.lost nearly 6% over the weekend and broke below $1,900 before going into a consolidation phase to start the new week.Information on these pages contains forward-looking statements that involve risks and uncertainties.
Source: News Formal (newsformal.com)
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Once-cautious Japan steps out as key U.S. security partner in regionJapan is emerging as Washington’s right-hand man in the Indo-Pacific, putting aside its traditional security caution as it takes on trilateral roles in its own backyard, in Northeast Asia, and as far afield as Southeast Asia.
Source: WashTimes - 🏆 235. / 63 Read more »
Warren Buffett says Berkshire cautious on banking sectorWarren Buffett on Saturday said Berkshire Hathaway is cautious around the banking sector, largely because of poor messaging by officials around government-insured deposits, as well as distorted incentives he said were brought on by banking regulation.
Source: Reuters - 🏆 2. / 97 Read more »
Warren Buffett says Berkshire is cautious on banking sectorWarren Buffett on Saturday said Berkshire Hathaway is cautious around the banking sector, largely because of poor messaging by officials around government-insured deposits, as well as distorted incentives he said were brought on by banking regulation.
Source: Reuters - 🏆 2. / 97 Read more »
Gold flat as traders gear up for U.S. inflation dataGold prices were listless on Monday as cautious investors awaited a key U.S. inflation data due this week that could influence the Fed's monetary policy stance.
Source: CNBC - 🏆 12. / 72 Read more »
U.S. markets fear recession and see interest rate cuts ahead as Fed loan survey loomsSome investors see a hard landing for the U.S. economy this year resulting from the sharply higher interest rates engineered by the Federal Reserve to quell...
Source: MarketWatch - 🏆 3. / 97 Read more »
U.S. adds a strong 253,000 jobs despite Fed’s rate hikesAmerica’s employers added a robust 253,000 jobs in April, evidence of a labor market that still shows surprising strength despite rising interest rates, chronically high inflation and a banking crisis that could weaken the economy.
Source: WashTimes - 🏆 235. / 63 Read more »