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UBS Maintains Optimism in Markets Amid Middle East Uncertainty

UBS Maintains Optimism in Markets Amid Middle East UncertaintyGlobal investment bank UBS remains optimistic about market prospects despite escalating geopolitical tensions in the Middle East. While fighting between Israel and Hezbollah and missile attacks from Iran have caused concern, oil prices are stable, gold remains near record highs, and U.S. recession fears are easing. UBS advises investors to hold onto risk assets, citing […]

Russian Settlements Face Another Blow: U.S. Treasury Hints at Sanctions Against Chinese Banks

Billionaire Chamath Palihapitiya Says Fed Unlikely To Cut Rates Anytime Soon Amid Breakout of New Armed Conflict

Billionaire Chamath Palihapitiya Says Fed Unlikely To Cut Rates Anytime Soon Amid Breakout of New Armed Conflict

Billionaire venture capitalist Chamath Palihapitiya thinks the Federal Reserve will keep interest rates higher for longer as the world witnesses the start of a new war. Palihapitiya tells his 1.6 million followers on the social media platform X that inflation could soar once again on the back of rising oil prices amid the escalating war […]

The post Billionaire Chamath Palihapitiya Says Fed Unlikely To Cut Rates Anytime Soon Amid Breakout of New Armed Conflict appeared first on The Daily Hodl.

Russian Settlements Face Another Blow: U.S. Treasury Hints at Sanctions Against Chinese Banks

Yellen Says US ‘Not Willing to Allow Contagious Bank Runs,’ Calls OPEC Oil Production Cut ‘Unconstructive’

Yellen Says US ‘Not Willing to Allow Contagious Bank Runs,’ Calls OPEC Oil Production Cut ‘Unconstructive’Roughly 26 days ago and in the following days, the U.S. witnessed two significant bank failures when Silicon Valley Bank and Signature Bank collapsed. After speaking at an event on Monday at Yale University, Janet Yellen, the current U.S. Treasury secretary, told reporters that she was closely monitoring the banking industry. Yellen insisted that “matters […]

Russian Settlements Face Another Blow: U.S. Treasury Hints at Sanctions Against Chinese Banks

‘Oil Prices North of $200’ per Barrel — Investor Expects Oil to ‘Crush’ Every Investment in 2023

‘Oil Prices North of 0’ per Barrel — Investor Expects Oil to ‘Crush’ Every Investment in 2023Amid the dreary global economy, a number of market strategists and analysts believe oil will be the number one investment in 2023. While a barrel of oil is coasting along at prices between $80.12 and $85 per unit, Goldman Sachs analysts think oil will reach $110 per barrel for Brent oil, and strategists from Morgan […]

Russian Settlements Face Another Blow: U.S. Treasury Hints at Sanctions Against Chinese Banks

After Central Bank Devalues Naira by 5% Finance Minister Attributes Drop to ‘Market Forces’

After Central Bank Devalues Naira by 5% Finance Minister Attributes Drop to ‘Market Forces’Nigerian Finance Minister Zainab Ahmed has denied widespread reports that the Central Bank of Nigeria (CBN) had sanctioned the devaluation of the local currency sometime in May 2021. Instead, she attributes the naira’s fall to the “volatility in the oil price.” Ahmed’s remarks come just a few weeks after the official naira exchange rate dropped […]

Russian Settlements Face Another Blow: U.S. Treasury Hints at Sanctions Against Chinese Banks