Jerry Lin
The Latest
-
BoE Holds Rates Steady Amid Inflation Concerns, Signals Cautious Outlook
The Bank of England (BoE) maintained its benchmark interest rate at 5.25% in a widely anticipated move, underscoring a cautious approach amid evolving economic indicators. 
The Bank of England (BoE) maintained its benchmark interest rate at 5.25% in a widely anticipated move, underscoring a cautious approach amid evolving economic indicators. -
Barclays to Implement Investment Banking Job Cuts in Efficiency Drive
Barclays is set to undertake significant job reductions within its investment banking division, marking a continuation of its strategy to enhance profitability and streamline operations. 
Barclays is set to undertake significant job reductions within its investment banking division, marking a continuation of its strategy to enhance profitability and streamline operations. -
Fed Maintains Interest Rates, Signals Three Cuts by End of 2024 Amid Economic Optimism
The Federal Reserve has decided to maintain the current interest rate levels, keeping the benchmark overnight borrowing rate steady within the 5.25%-5.5% range, a status quo since July 2023. This decision aligns with market expectations and underscores the Fed's cautious approach towards adjusting monetary policy amidst economic uncertainties. 
The Federal Reserve has decided to maintain the current interest rate levels, keeping the benchmark overnight borrowing rate steady within the 5.25%-5.5% range, a status quo since July 2023. This decision aligns with market expectations and underscores the Fed's cautious approach towards adjusting monetary policy amidst economic uncertainties. -
Bitcoin's Retreat Triggers $400 Billion Crypto Market Loss Amid Volatility
The cryptocurrency market experienced a significant contraction, shedding approximately $400 billion in value following Bitcoin's slide from its recent all-time high. This marked downturn has rippled through the sector, impacting a broad range of digital assets, including Ethereum and Solana, which have also seen sharp declines. 
The cryptocurrency market experienced a significant contraction, shedding approximately $400 billion in value following Bitcoin's slide from its recent all-time high. This marked downturn has rippled through the sector, impacting a broad range of digital assets, including Ethereum and Solana, which have also seen sharp declines. -
US Homebuilding Surges in February Amid Housing Shortage and High Mortgage Rates
US homebuilding experienced a significant surge in February, with builders anticipating strong demand for new homes to persist. According to data released by the Census Bureau and the Department of Housing and Urban Development, housing starts soared by 10.7% last month, reaching a seasonally adjusted annual rate of 1.521 million units, surpassing analysts' estimates of 1.425 million. 
US homebuilding experienced a significant surge in February, with builders anticipating strong demand for new homes to persist. According to data released by the Census Bureau and the Department of Housing and Urban Development, housing starts soared by 10.7% last month, reaching a seasonally adjusted annual rate of 1.521 million units, surpassing analysts' estimates of 1.425 million. -
Bank of Japan Ends Negative Rate Policy, Signals Shift Towards Normalization
The Bank of Japan (BOJ) on Tuesday ended its unconventional monetary easing policies, signaling a shift towards policy normalization after years of ultra-loose measures aimed at reflating the world's fourth-largest economy. 
The Bank of Japan (BOJ) on Tuesday ended its unconventional monetary easing policies, signaling a shift towards policy normalization after years of ultra-loose measures aimed at reflating the world's fourth-largest economy. -
Standard Chartered Forecasts Bitcoin's Surge to $150K by 2023 End and $250K Potential in 2025
Standard Chartered, a prominent British multinational banking and financial services company, has revised its year-end prediction for Bitcoin (BTC), the world's pioneering decentralized cryptocurrency, projecting it could reach $150,000 by the end of 2023. 
Standard Chartered, a prominent British multinational banking and financial services company, has revised its year-end prediction for Bitcoin (BTC), the world's pioneering decentralized cryptocurrency, projecting it could reach $150,000 by the end of 2023. -
Oil Prices Remain Elevated as Ukrainian Attacks on Russian Refineries Intensify
Oil prices held steady on Monday, with Brent crude briefly surpassing $86 per barrel for the first time since November, as Ukraine stepped up its attacks on Russian energy infrastructure, fueling concerns over global supply. The escalating conflict has added a risk premium to crude prices, which remained in place as the week began with more attacks over the weekend. 
Oil prices held steady on Monday, with Brent crude briefly surpassing $86 per barrel for the first time since November, as Ukraine stepped up its attacks on Russian energy infrastructure, fueling concerns over global supply. The escalating conflict has added a risk premium to crude prices, which remained in place as the week began with more attacks over the weekend. -
BOJ's Upcoming NIRP Shift Unlikely to Trigger Significant Repatriation of Japanese Funds
As the Bank of Japan (BOJ) prepares to debate ending its negative interest rate policy at its two-day meeting starting Monday, analysts suggest that the central bank's decision will have a limited impact on the roughly $3 trillion of yen Japanese investors have parked in global bond markets and yen trades. 
As the Bank of Japan (BOJ) prepares to debate ending its negative interest rate policy at its two-day meeting starting Monday, analysts suggest that the central bank's decision will have a limited impact on the roughly $3 trillion of yen Japanese investors have parked in global bond markets and yen trades. -
China's Economy Shows Resilience with Strong Retail Sales and Industrial Output in Early 2024
China's economy kicked off 2024 on a strong note, with retail sales and industrial output surpassing expectations in the January-February period. However, the ongoing weakness in the property sector continues to temper the overall economic outlook, despite the positive data. 
China's economy kicked off 2024 on a strong note, with retail sales and industrial output surpassing expectations in the January-February period. However, the ongoing weakness in the property sector continues to temper the overall economic outlook, despite the positive data.
