Bitcoin erases spike above $58k as Fed minutes raise specter of faster stimulus unwinding
Bitcoin is showing signs of exhaustion after the minutes from the Federal Reserve’s September meeting,
Ether, Bitcoin to strengthen in coming weeks, FSInsight says
Ether is beginning to gain on bitcoin following a month of underperformance, and Thursday’s surge
Fed’s Barkin: Inflation heavily driven by auto sector
In an interview with CNBC on Friday, Richmond Federal Reserve Bank President Thomas Barkin noted
PBOC: Evergrande’s risks to financial system controllable
Finally, the Chinese central bank, the People Bank of China (PBOC) is out with its
USD/CNH: Downward momentum gathers pace – UOB
In view of FX Strategists, a break below 6.4240 should allow for a deeper pullback
Singapore: MAS raised policy slope – UOB
Economist at UOB Group Barnabas Gan, Senior FX Strategist Peter Chia and Rates Strategist Victor
China: Producer Prices rose to record highs – UOB
Economist at UOB Group Ho Woei Chen, CFA, comments on the release of the Producer
FOMC Minutes: Green light for QE tapering – UOB
UOB Group’s Head of Research Suan Teck Kin, CFA, comments on the recently published FOMC
EUR/USD adds to recent gains and retakes 1.1600 and above
EUR/USD extends the weekly rebound beyond 1.1600. Persistent selling pressure in the dollar helps the
EUR/GBP bears flirt with YTD lows, around mid-0.8400s
A combination of factors prompted fresh selling around EUR/GBP on Friday. Dovish ECB tilt was