By Hassan Shittu Key highlights: The ECB hiked its deposit rate 25bps to 2.5% as Brent crossed $100 / barrel and eurozone inflation rose to 3.3%, with markets pricing 3+ more hikes The Fed faces the same dilemma ahead of its Sept. 15-16 meeting, and August CPI is the key catalyst, with hike odds at […]
Tag: England
By admin The Bank of England is actively exploring regulatory measures that could effectively prohibit self-custodial stablecoin wallets across the United Kingdom. During recent testimony before the House of Lords, BoE officials signaled a strong preference for requiring stablecoins to be held exclusively in regulated accounts that adhere to strict know-your-customer and anti-money laundering standards. […]
By Matej Prša Key highlights: Bayer shares rallied 12% after the U.S. Solicitor General urged the Supreme Court to limit Roundup-related litigation. European markets finished mixed, with the Stoxx 600 index gaining a marginal 0.07% to close at 575.65. UK banks saw gains as the Bank of England reduced capital buffer requirements for the first […]