Another G7 member gets hit by recession.
According to preliminary government data, the Japanese economy unexpectedly fell into a technical recession: in the fourth quarter of 2023, GDP decreased by 0.4%. In the previous quarter, the decline…
Options traders betting Bitcoin will rocket to $65,000.
The data indicates that traders are buying Bitcoin call options with strike prices close to its historical high of $69,000. To the Moon?
Global capital flows to emerging countries have become quite unusual since the beginning of the Russia-Ukraine conflict
There has been a consistent capital outflow from China for almost a year and a half now (indicated by red columns). Foreign investors are losing interest in China. Another notable…
European banks next?
Man Group reports that the risk of defaults is spreading to European banks. Man Group believes that the turmoil in the banking sector, which is shaking companies like New York…
Money market funds in the U.S. have for the first time grown to $6 trillion
This is the total value of their assets. The growth continues as the Federal Reserve’s rate remains high. Recall that a couple of days ago, it was not lowered but…
Gold rush goes on
Global central bank gold reserves have increased by more than 1000 tons for the second consecutive year. In 2023, 1037 tons were acquired, slightly less than the 1081 tons purchased…