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UBS: European Real Estate Markets Enter New Cycle

UBS: European Real Estate Markets Enter New CycleUBS reported on Thursday that European real estate markets appear to be entering a new investment cycle, with key indicators pointing to stabilization. “A new cycle starts,” the report said, as investment volumes show signs of bottoming out. After a period of inflation and rising interest rates, the UK saw a 6.5% quarter-on-quarter growth in […]

Bitcoin Smashes Records: Hashrate Hits 776 EH/s as Price Soars Closer to $100K

Banks Suffer $1,555,000,000,000 in Deposit Flight in One Year As JPMorgan Chase and Financial Giants Fight for Wealthy Clients: Report

Banks Suffer ,555,000,000,000 in Deposit Flight in One Year As JPMorgan Chase and Financial Giants Fight for Wealthy Clients: Report

New numbers on the global banking system are shedding light on just how much money depositors have pulled out of their bank accounts in the last year. According to the latest data from the Federal Reserve of St Louis, US banks have faced $605 billion in deposit flight in a year. And total deposits at […]

The post Banks Suffer $1,555,000,000,000 in Deposit Flight in One Year As JPMorgan Chase and Financial Giants Fight for Wealthy Clients: Report appeared first on The Daily Hodl.

Bitcoin Smashes Records: Hashrate Hits 776 EH/s as Price Soars Closer to $100K

Inflation Expectations of Eurozone Consumers ‘Increased Significantly,’ ECB Says

Inflation Expectations of Eurozone Consumers ‘Increased Significantly,’ ECB SaysConsumers in the euro area have sharply raised their expectations about inflation in the coming months, the European Central Bank revealed. Survey data showing this comes after the monetary authority slowed the pace of its rate hikes last week while indicating that it’s still early for a pause. ECB Registers Heightened Consumer Expectations About Inflation […]

Bitcoin Smashes Records: Hashrate Hits 776 EH/s as Price Soars Closer to $100K

ECB Raises Interest Rates by 25bps Amid ‘Too High’ Inflation, ‘No Pause,’ Lagarde Says

ECB Raises Interest Rates by 25bps Amid ‘Too High’ Inflation, ‘No Pause,’ Lagarde SaysThe European Central Bank (ECB) raised its key interest rates by 25 basis points, slowing the pace from previous increases. However, as inflation in the euro area remains persistently high, future rate hikes may still be expected with the regulator insisting it will continue to seek a “timely return” to its 2% inflation target and […]

Bitcoin Smashes Records: Hashrate Hits 776 EH/s as Price Soars Closer to $100K

‘Not the Right Time to Stop’ Rate Hikes, ECB Chief Economist Says

‘Not the Right Time to Stop’ Rate Hikes, ECB Chief Economist SaysCurrent indicators suggest the European Central Bank (ECB) should raise the interest rate in May, the monetary authority’s chief economist said. Future increases will depend on the economic data but this is still not the right time to stop, according to Philip Lane who believes the bank has to bring inflation back to the 2% […]

Bitcoin Smashes Records: Hashrate Hits 776 EH/s as Price Soars Closer to $100K

Gold Slides on Higher US Treasury Yields, Dollar

Gold Slides on Higher US Treasury Yields, DollarPrices of gold, and other precious metals, fell on Wednesday due to stronger U.S. yields and national currency. The decline comes on the backdrop of expectations of new interest rate increases next month amid persistent inflation in the United States and elsewhere. Gold and Silver Slip as Investors Bet on Another Rate Hike in May […]

Bitcoin Smashes Records: Hashrate Hits 776 EH/s as Price Soars Closer to $100K

Europeans to See More Interest Rate Hikes, Central Bank Governors Indicate

Europeans to See More Interest Rate Hikes, Central Bank Governors IndicateFurther rate hikes are warranted by persisting inflation in the eurozone, according to members of its monetary authority’s decision-making body. Two central bank governors, with different opinions about how aggressive the European Central Bank should be, nevertheless agree that more increases of key interest rates are yet to come. ECB Has Some Hikes Left to […]

Bitcoin Smashes Records: Hashrate Hits 776 EH/s as Price Soars Closer to $100K

Core Inflation on Upward Trend, Further Rate Hikes Expected, ECB Execs Say

Core Inflation on Upward Trend, Further Rate Hikes Expected, ECB Execs SayAmid underlying inflationary pressures, further interest rate increases may still be needed, members of the European Central Bank’s Governing Council have admitted. At the same time, the cycle with the highest hikes may soon be over, the officials indicated. End of Most Aggressive Rate Hikes in Sight Despite Inflation, but More to Come Before It’s […]

Solana ETF Momentum Grows Amid Reports of SEC Engagement

Digital Euro Key for European Payment Autonomy, ECB President Lagarde Says

Digital Euro Key for European Payment Autonomy, ECB President Lagarde SaysThe digital euro has an important role in preserving the payment autonomy of Europe, the head of the eurozone’s monetary authority emphasized. The new currency, which is still under development, is meant to be sovereign and safe, cheap and widely available, Christine Lagarde assured during a discussion devoted to central bank digital currencies. Payment Cards […]

Solana ETF Momentum Grows Amid Reports of SEC Engagement

Central Banks Continue to Show Strong Demand for Gold in 2023, Says World Gold Council Report

Central Banks Continue to Show Strong Demand for Gold in 2023, Says World Gold Council ReportCentral banks show continued demand for gold in 2023, as per a recent report from the World Gold Council (WGC), which noted that the world’s central banks accumulated 31 tons of the precious metal in January. Turkey was the largest gold buyer, adding 23 tons to its central bank’s stash, while the People’s Bank of […]

Solana ETF Momentum Grows Amid Reports of SEC Engagement