Coinbase will buy $500M in crypto and invest 10% of all future profits in digital assets
Leading U.S. exchange by trade volume, Coinbase, has revealed plans to add half a billion
RBNZ holds now, points to rate hike later this year – UOB
Lee Sue Ann, Economist at UOB Group, assesses the latest RBNZ monetary policy meeting. Key
RBA’s Kent makes no mention of monetary policy
Christopher Kent is the Assistant Governor (Financial Markets) at the Reserve Bank of Australia was
BoE could hike rates in 2023 – UOB
Lee Sue Ann, Economist at UOB Group, reviews the latest inflation and jobs data in
S&P 500 Index to suffer a deeper correction lower towards 4315 – Credit Suisse
S&P 500 weakness is starting to accelerate in line with the broader “risk-off” tone. Below
PBOC: There is a greater possibility of continued RRR cuts – China Press
As per the latest preview for the People’s Bank of China (PBOC) Interest Rate Decision
US: Weekly Initial Jobless Claims decline to 348K vs. 363K expected
Weekly Initial Jobless Claims in US declined by 29,000. US Dollar Index stays in the
US: US: Philadelphia Fed Manufacturing Index drops to 19.4 in August vs. 23 expected
Philly Fed Manufacturing Index weakened more than expected in August. US Dollar Index holds above
Canada: ADP Employment increases by 221,300 in July
ADP Employment Change in Canada rose sharply in July. USD/CAD clings to strong daily gains
New Zealand PM Ardern extends virus-led lockdown to August 24
“New Zealand's Prime Minister Jacinda Ardern extended a nationwide lockdown on Friday as the number