EU’s MiCA to fill legislative void, but stakeholders still vary over authorities’ stance Entrepreneurs in the island’s booming high-tech and fintech industries have welcomed the passing of an EU directive regulating crypto
By Craig Erlam Investors appear to be treading carefully ahead of some key interest rate announcements this week, most notably the Fed on Wednesday and the ECB a day later. Eurozone inflation
By Edward Moya Wall Street is breathing a sigh of relief as the largest US lender, JPMorgan, will acquire First Republic Bank. It is starting to look like a few major banking
The EU Parliament passed the Markets in Crypto Act, or MiCA, on Thursday which will come into force next year and has been hailed as a “landmark moment” for cryptocurrencies that will
By Craig Erlam European markets are in the red on Thursday in what continues to be a choppy week of trading driven by economic and interest rate uncertainty. We’re now at a
By Craig Erlam Inflation remains a major concern for central banks and recent data highlights just how far there is to go, something policymakers will be hoping changes very soon. Major headache
By Edward Moya US stocks initially rallied after the March inflation report showed consumer prices are decelerating, prompting bets that the Fed might be done tightening. Wall Street wants the Fed to
By Edward Moya Crude prices are drifting lower as most energy traders are still on the sidelines until we get a clearer picture on the global growth outlook. There have been a
By Craig Erlam We’re seeing some cautious trading ahead of the jobs report on Friday, with Thursday’s jobless claims data offering signs of cracks appearing in the labour market. That primarily came
By Craig Erlam Equity markets are treading water in the middle of the week as investors weigh up what is next for the Fed following the surprise decline in JOLTS job openings,
