Jerry Lin
The Latest
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Yen's Big Rebound: Market Anticipates Japan's Central Bank to Adjust YCC Policy as Early as This Month
Since the beginning of the month, the yen has seemingly reversed its long-term downtrend, beginning a strong rally. After a robust rally for five consecutive trading days, the yen held its ground above 140 against the U.S. dollar on Thursday, July 13. 
Since the beginning of the month, the yen has seemingly reversed its long-term downtrend, beginning a strong rally. After a robust rally for five consecutive trading days, the yen held its ground above 140 against the U.S. dollar on Thursday, July 13. -
Celsius Network's Fall from Grace: A Tale of Fraud, Arrests, and a Record $4.7 Billion Settlement
In a shocking turn of events, Alex Mashinsky, the founder and former CEO of the now-bankrupt cryptocurrency lender Celsius Network, was arrested and charged with fraud. This development was announced by a U.S. prosecutor in New York, as three federal regulatory agencies, including the U.S. Securities and Exchange Commission (SEC), the U.S. Commodity Futures Trading Commission (CFTC), and the Federal Trade Commission (FTC), filed lawsuits against Mashinsky and his company. 
In a shocking turn of events, Alex Mashinsky, the founder and former CEO of the now-bankrupt cryptocurrency lender Celsius Network, was arrested and charged with fraud. This development was announced by a U.S. prosecutor in New York, as three federal regulatory agencies, including the U.S. Securities and Exchange Commission (SEC), the U.S. Commodity Futures Trading Commission (CFTC), and the Federal Trade Commission (FTC), filed lawsuits against Mashinsky and his company. -
Crypto Conundrum: Bitcoin's Uncertain Path Amid Market Anticipations and Inflation Dynamics
In a surprising turn of events, Bitcoin, the world's leading cryptocurrency, has been caught in a whirlwind of economic factors that have left investors scratching their heads. Despite a significant slowdown in U.S. inflation, which should have been a boon for Bitcoin, the cryptocurrency's price has remained stubbornly below the $31,000 mark. 
In a surprising turn of events, Bitcoin, the world's leading cryptocurrency, has been caught in a whirlwind of economic factors that have left investors scratching their heads. Despite a significant slowdown in U.S. inflation, which should have been a boon for Bitcoin, the cryptocurrency's price has remained stubbornly below the $31,000 mark. -
Uncertainty Clouds Manchester United Ownership Bid as Ratcliffe Considers FC Barcelona
The tumultuous sale process of English Premier League club Manchester United continues, with leading contenders Sir Jim Ratcliffe and Sheikh Jassim bin Hamad al-Thani yet to reach a decisive stage. However, recent developments suggest that Ratcliffe might pivot his focus away from the English club. 
The tumultuous sale process of English Premier League club Manchester United continues, with leading contenders Sir Jim Ratcliffe and Sheikh Jassim bin Hamad al-Thani yet to reach a decisive stage. However, recent developments suggest that Ratcliffe might pivot his focus away from the English club. -
Greenback Gloom: Dollar Hits Over-Year Low Amid Softer Fed Hike Prospects, Yen and Yuan Surge
Brought on by disappointing U.S. CPI figures, expectations of a Federal Reserve interest rate hike have cooled off, resulting in a continued decline for the U.S. dollar, hitting a recent low point. 
Brought on by disappointing U.S. CPI figures, expectations of a Federal Reserve interest rate hike have cooled off, resulting in a continued decline for the U.S. dollar, hitting a recent low point. -
Fed's Rate Hikes May Stall as US Inflation Dips to Two-Year Low
After this month's interest rate hike, the Federal Reserve may halt the increases. On Wednesday, July 12, Nick Timiraos, a reporter for The Wall Street Journal, opined on US June CPI data. He stated that the US inflation has dropped to its lowest in over two years, offering relief to Americans from painful price increases and increasing the likelihood that the Fed may cease rate hikes after the possible one this month. 
After this month's interest rate hike, the Federal Reserve may halt the increases. On Wednesday, July 12, Nick Timiraos, a reporter for The Wall Street Journal, opined on US June CPI data. He stated that the US inflation has dropped to its lowest in over two years, offering relief to Americans from painful price increases and increasing the likelihood that the Fed may cease rate hikes after the possible one this month. -
Russia and Saudi Arabia Sidestep G7? Key Russian Oil Surpasses $60, First Since Western Cap
The impact of Russia and Saudi Arabia's combined production cuts on the oil market has been immediate and conspicuous. Not only did international oil prices soar last week, but even Russia's main export product managed to break through the price limit imposed by Western countries, leaving these nations red-faced. 
The impact of Russia and Saudi Arabia's combined production cuts on the oil market has been immediate and conspicuous. Not only did international oil prices soar last week, but even Russia's main export product managed to break through the price limit imposed by Western countries, leaving these nations red-faced. -
Cooling Winds over the AI Fever? Retail Investors Start to Diversify From AI Stocks
On Wednesday, July 12, Bobby Molavi, a trader at Goldman Sachs, specifically discussed artificial intelligence in his weekly U.S. stock analysis article. He mentioned the rising trend of decreased interest and diminishing headlines concerning AI, indicating a return to normalcy for related concept stocks. 
On Wednesday, July 12, Bobby Molavi, a trader at Goldman Sachs, specifically discussed artificial intelligence in his weekly U.S. stock analysis article. He mentioned the rising trend of decreased interest and diminishing headlines concerning AI, indicating a return to normalcy for related concept stocks. -
EU's Ambitious Leap into Semiconductor Dominance: A Quadruple Increase by 2030
In a strategic move to reduce dependency on Asia, the European Union (EU) has set its sights on a significant expansion of its semiconductor sector. The EU Parliament has given its formal approval to the EU Chips Act, a legislative package aimed at quadrupling the bloc's chip production by 2030 to account for 20% of the global output. 
In a strategic move to reduce dependency on Asia, the European Union (EU) has set its sights on a significant expansion of its semiconductor sector. The EU Parliament has given its formal approval to the EU Chips Act, a legislative package aimed at quadrupling the bloc's chip production by 2030 to account for 20% of the global output. -
SEC Unveils Robust Money-Market Fund Reforms to Fortify Financial Resilience
In a move that marks a significant shift in the financial landscape, the U.S. Securities and Exchange Commission (SEC) has finalized a comprehensive set of reforms aimed at bolstering the resilience of money-market funds. The new regulations, which are the most extensive overhaul in years, are designed to prevent rapid outflows during periods of financial stress. 
In a move that marks a significant shift in the financial landscape, the U.S. Securities and Exchange Commission (SEC) has finalized a comprehensive set of reforms aimed at bolstering the resilience of money-market funds. The new regulations, which are the most extensive overhaul in years, are designed to prevent rapid outflows during periods of financial stress.
