Fed will trigger a global recession if rate hikes continue?

reddit.com The United Nations Conference on Trade and Development released a report on Monday warning that central bank monetary and fiscal policy is putting the global economy in danger. UNCTAD projects a global economic...

Two SPACs backed by Bill Foley seek shareholder nod to liquidate

investing.com - Two blank-check companies backed by veteran investor Bill Foley, which together raised over $2 billion in their share sales, plan to shutter by the end of the year, the firm's sponsors said on Monday, as market...

US Treasury-led regulators release a report on digital assets calling on Congress to provide more resources to police crypto, regulate stablecoins, and more

nytimes.com A federal panel responsible for monitoring financial system risks sounded a warning on Monday about cryptocurrency markets, saying that the widespread adoption of digital assets poses risks if the market continues to...

U.S. Treasury encourages new laws to address crypto regulation gaps

investing.com By Hannah Lang - The Financial Stability Oversight Council (FSOC), a U.S. regulatory panel comprising top financial regulators, on Monday recommended that Congress pass legislation addressing risks digital assets...

A market sweet spot?

investing.com - A look at the day ahead in Asian markets from Jamie McGeever Whisper it, but markets may be in something of a sweet spot right now, opening up the potential for a few weeks of respite and decent-sized rebounds. Ok,...

Fed Should End Tightening After One More Rate Hike, Yardeni Says

yahoo.com Yardeni: Fed should stop its tightening campaign after one more interest-rate hike in November. Yardeni is a market veteran who coined terms like “Fed Model’ and “bond vigilante.” He says financial stability should...

The strongest US dollar in 20 years is a double-edged sword

foxbusiness.com The American economic outlook is crumbling as recession fears grow, but there remains at least one bright spot: The U.S. dollar, which accelerated to a fresh 20-year high this week. Risk aversion amid growing fears...

Bank of Israel raises key rate by 3/4 point to 2.75% to quiet inflation

investing.com JERUSALEM - The Bank of Israel on Monday raised its benchmark interest rate by three-quarters of a point, the fifth straight meeting it has increased rates, to try to squash inflation that remains well above its...

Welcome to the fourth quarter. Expect more gloom but less doom

cnn.com It's been a hard year for markets, and investors are looking for a bit of reprieve. The outlook, as Goldman Sachs analysts put it, is "murky" and more volatility is expected. The fourth quarter is historically a good...

Analysis-Chile's sliding peso reflects tough battle vs rampaging dollar

investing.com By Alexander Villegas and Natalia A. Ramos Miranda SANTIAGO - Chile's sliding peso got a shot in the arm in July from a huge $25 billion central bank intervention, but in recent months has been one of the region's...

Dollar strength "fully justified" as bulls likely to keep running

axios.com The U.S. dollar begins the final quarter of 2022 bolstered by the same fundamentals that propelled it higher against major currencies for most of the year — with virtually nothing standing in the way of more gains....

Polish central bank seen hiking by 25 bps as CPI keeps rising: Reuters Poll

investing.com By Alan Charlish WARSAW - Poland's central bank is expected to raise its main interest rate by 25 basis points to 7.00% on Wednesday, a Reuters poll showed, as rising inflation forces policymakers to continue...

Analysis-Chile's sliding peso reflects tough battle vs rampaging dollar

reuters.com Chile's sliding peso got a shot in the arm in July from a huge $25 billion central bank intervention, but in recent months has been one of the region's worst performers, showing how hard the battle is for policy...

Take Five: A bumpy home straight

investing.com - A tumultuous year for financial markets is entering the home straight, with Britain battling a self-inflicted crisis and markets pouring over U.S. jobs data to determine how much of an impact Fed hikes are having...

Japan's Finance Minister says ready to take 'decisive' steps on yen

investing.com TOKYO - Japanese Finance Minister Shunichi Suzuki said on Monday the government was ready to take "decisive" steps in the foreign exchange market as needed. "Sharp (OTC:SHCAY) currency moves are undesirable," Suzuki...