16:06 2025-06-24
HSBC survey shows investor optimism about emerging markets at highest level in two yearsBullish sentiment towards emerging markets is at its highest level in more than two years, according to HSBC's quarterly survey of 100 fund managers. Some 44 per cent of respondents are now optimistic about emerging markets over the next three months, up from 36 per cent in March and the highest level since March 2023. The survey, which covers funds managing a total of $414 billion in emerging markets, said: "The consensus remains that emerging market equities will...
15:42 2025-06-24
Powell has rejected the possibility of a rate cut in JulyAsked whether the Fed was prepared to cut interest rates again at its next meeting in July, Fed chairperson Jerome Powell rejected the question in congressional testimony. "I don't want to point to one meeting," Mr. Powell said. "I don't think we need to rush it." Republican congressman Mike Lawler pressed Mr. Powell on why the Fed did not choose to cut rates even as inflation cooled, echoing President Trump's criticism of the Fed chairperson.
15:36 2025-06-24
A giant whale spent $3.86 million to buy 104,500 HYPE in 4 hoursAccording to Onchain Lens monitoring, a giant whale spent $3.86 million to buy 104,475 HYPE at an average price of $36.96 in the past 4 hours. In the past 14 days, the giant whale has spent $15.86 million to buy 430,915 HYPE at an average price of $36.80.
15:33 2025-06-24
Powell: The dollar will always exist as a reserve currencyOn June 24, when asked whether U.S. Treasuries are safe-haven assets, Federal Reserve Chairperson Jerome Powell replied that yes, in any case, the dollar will always exist as a reserve currency for a long time to come.
15:14 2025-06-24
European Union ready to impose retaliatory tariffs to secure better trade deal with TrumpOn June 24th, according to the British Financial Times, ahead of the upcoming deadline for negotiations, a senior official warned that if the European Union wants to reach a good deal, it must issue a "credible threat" of retaliation in the trade war launched by Trump. Two European Union officials said Seibert, the chief of staff to the European Commission president, told European Union ambassadors last week after the G7 summit that the prospect of a strong response would help persuade the US pr...