Jerry Lin

Jerry Lin

The Latest

  • SEC Approves Ethereum ETFs, Marking Major Milestone for Crypto Industry
    ETH SHINES
    The U.S. Securities and Exchange Commission (SEC) has approved the listing of eight exchange-traded funds (ETFs) that hold ether (ETH-USD), the native cryptocurrency of the Ethereum blockchain.
  • Mortgage Rates Dip Below 7%, Offering Hope in a Tight Housing Market
    Mortgage
    Mortgage rates have fallen for the third consecutive week, offering a glimmer of hope to American homebuyers navigating a still-challenging housing market. The average rate for a 30-year fixed-rate mortgage dipped to 6.94% for the week ending May 23, down from 7.02% the previous week, according to data from Freddie Mac
  • JPMorgan CEO Warns of Potential U.S. Economic Hard Landing Amid Persistent Inflation
    Jamie Dimon, CEO of JPMorgan Chase
    JPMorgan Chase CEO Jamie Dimon issued a stark warning about the potential for a "hard landing" for the U.S. economy, citing concerns over persistent inflation and the risk of stagflation. Speaking at the JPMorgan Global China Summit in Shanghai, Dimon underscored the unpredictability of the current economic landscape and the challenges that lie ahead.
  • Oil Recovers Slightly Despite Federal Reserve’s Tightening Stance and Rising U.S. Crude Inventories
    OIL
    Oil prices saw a modest recovery on Thursday, regaining some ground after three consecutive days of losses. This rebound comes despite ongoing concerns about the potential for further interest rate hikes by the U.S. Federal Reserve, which could dampen oil demand.
  • Federal Reserve Rate Cut Expectations Cool as Traders Scale Back Bets Amid Bond Market Fluctuations
    U.S. Federal Reserve building
    As multiple Federal Reserve officials indicated a lack of urgency to cut interest rates, bond traders have reduced their bets on two rate cuts within the year, leading to a resurgence of bond short sellers.
  • Dollar Gains as Markets Anticipate Fed Insights on Interest Rates
    A picture illustration shows U.S. 100 dollar bank notes taken in Tokyo.
    The U.S. dollar firmed on Wednesday as investors eagerly awaited the Federal Reserve's meeting minutes for insights into the central bank's future interest rate trajectory. This move comes amidst a backdrop of mixed economic signals and ongoing inflation concerns.
  • Japan's Exports Rise Amid Weak Yen, but Trade Deficit Widens
    YEN-BASED
    Japan's exports increased for the fifth consecutive month in April, buoyed by the depreciating yen, though shipment volumes continued to struggle under soft global demand, according to government data released on Wednesday. The uptick in export value underscores a challenging economic landscape where weak domestic consumption and inflationary pressures persist.
  • Market Reacts to Potential Ether ETF Approval, Driving Crypto Gains
    crypto
    The cryptocurrency market witnessed a substantial surge on Monday, driven by rising speculation that Ether exchange-traded funds (ETFs) may soon receive regulatory approval from the U.S. Securities and Exchange Commission (SEC). This move has bolstered the prices of major cryptocurrencies, significantly impacting investor sentiment.
  • Bitcoin Surges Past $71,000 Amid Ether ETF Speculation, Leading to Major Market Movements
    IN THE RED
    Bitcoin (BTC) experienced a significant surge on Tuesday, climbing above $71,000 for the first time since early April. The cryptocurrency's rally was fueled by speculation surrounding the potential approval of a spot ether exchange-traded fund (ETF) in the United States. Ether (ETH) also saw substantial gains, rising over 19% to $3,700. This surge in prices led to over $260 million in market-wide short liquidations, marking the largest liquidation event since February.
  • Gold Prices Soar to Record High Amid Geopolitical Tensions and Broader Metal Rally
    Gold Prices
    Gold prices surged to a record high on Monday, fueled by escalating geopolitical tensions in the Middle East and a broader rally in metal markets. The increased demand for safe-haven assets saw spot gold rising nearly 1% to a record high of $2,440.56 per ounce, while gold futures expiring in June touched a record $2,444.55 per ounce.
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