Jerry Lin

Jerry Lin

The Latest

  • Inflation Decline in U.S. and Eurozone Fuels Expectations for Interest Rate Cuts
    FED CHAIR
    These figures represent the lowest monthly inflation rates recorded by these major economies during the current inflation and interest rate hike cycle.
  • Bitcoin Breaks $38,000 Amid ETF Approval Anticipation and Corporate Acquisitions
    Bitcoin earns itself an anti-fan in Deatsch Bank
    The cryptocurrency market has witnessed a significant surge, with Bitcoin, the pioneering digital currency, breaking the $38,000 barrier.
  • Franklin Templeton CEO Foresees Potential Fed Rate Cut by 100 Basis Points Next Year
    U.S. Federal Reserve building
    Jenny Johnson, President and CEO of Franklin Templeton, one of the world's largest asset management firms overseeing more than $1.4 trillion in assets, predicted a potential reduction in the Federal Reserve's interest rates by 100 basis points next year. Johnson shared her insights at the second Abu Dhabi Finance Week's Asset Forum on November 28.
  • OECD Forecasts Global Economy to Avoid Hard Landing in Next Two Years, Warns of Significant Risks from Israel-Palestine Conflict
    U.S. trade deficit jumps to record high in June on strong import growth
    The Organisation for Economic Co-operation and Development (OECD) updated its global economic outlook report on November 29, analyzing trends and prospects for the next two years.
  • India's GDP Grows 7.6% in Q2, Surpassing Expectations with Manufacturing Boost
    India
    India's economy in the second quarter outperformed expectations, according to the latest data released by the Indian Statistical Office on Thursday. The country's Gross Domestic Product (GDP) for the second quarter (July-September) of the fiscal year 2023-2024 grew by 7.6%, slightly lower than the 7.8% growth recorded in the first quarter (April-June).
  • OPEC+ Decides on Over 1 Million Bpd Cut Amid Global Price Tumbles
    OIL
    The group, responsible for over 40% of the world's oil production, is poised to implement cuts of at least 1 million barrels per day (bpd) starting early next year.
  • FTX Authorized to Liquidate $900M in Trust Assets for Creditor Repayment
    cryptocurrency
    FTX, the once-celebrated cryptocurrency exchange that faced a dramatic collapse in 2022, has received court approval to liquidate nearly $900 million in trust assets. This significant move, authorized by a Delaware bankruptcy court, aims to reimburse creditors affected by the downfall of the crypto giant. The approval marks a crucial step in unraveling the complex financial web that led to the exchange's implosion.
  • Standard Chartered Foresees $100K Bitcoin Price; Spot BTC ETF Approval Likely in Early 2024
    TOP HUB
    Standard Chartered, a leading international banking group, has maintained its bullish outlook on Bitcoin, predicting the cryptocurrency could reach $100,000 by the end of 2024.
  • Gold Prices Soar as Dollar Weakens and Fed Rate Cut Speculation Grows
    Spot Gold
    Gold prices have experienced a notable surge, largely influenced by remarks from Federal Reserve official Christopher Waller and global geopolitical unrest. The most active February 2024 gold futures contract climbed to $2061.50, marking a significant gain of $26.30.
  • U.S. GDP Surges with 5.2% Growth in Third Quarter
    U.S. ECONOMY NUMBERS
    Gross domestic product (GDP) expanded at a 5.2% annualized pace, exceeding both the previous estimate of 4.9% and the 5% forecast by economists polled by Dow Jones.
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