US Federal Reserve to refrain from rate hike later this month after Silicon Valley Bank collapse, bets Goldman March 13, 2023 Speculation is growing among traders that the US Federal Reserve could refrain from hiking interest rates later this month for fear of triggering another Silicon Valley Bank-style collapse. Turmoil in financial markets sparked by the tech-focused lender’s collapse has raised the likelihood Fed chair Jerome Powell and co may hold off raising rates any further. [...]
Have US government, regulators and Federal Reserve just reignited Bitcoin bull market? March 13, 2023 Nigel Green examines how the measures taken over Silicon Valley Bank seem to have helped to boost crypto prices.
Gold price rallies after Silicon Valley Bank collapse draws investors to precious metal March 13, 2023 Gold prices have risen following the collapse of Silicon Valley Bank - strengthening investor sentiment towards the precious metal.
Wall Street stocks tumble: Why Bank of America and Citigroup have been hardest hit after Fed chair Powell’s testimony March 10, 2023 Stocks stumbled on Wall Street on Thursday and added to the week’s losses as markets remain anxious about the prospect of more aggressive action by the Federal Reserve to fight inflation. Major indexes started the day higher and gradually lost ground until they fell sharply in late trading. The S&P 500 fell 73.69 points, or [...]
Gold shows early signs of recovery after hawkish Fed triggered price tumble March 9, 2023 Gold has shown some signs of recovery after its price tumbled earlier this week following Fed Chair Jerome Powell's hawkish comments to Congress about the potential need for further interest rate hikes.
Silvergate Bank: Smoke on the water turns to fire in the sky March 9, 2023 Auditchain's Jason Meyers casts a critical eye over events leading up to Silvergate Bank winding down its operations.
Crypto market cap dips below $1 trillion as inflation anxieties bubble to the surface March 9, 2023 Bitcoin has dipped below $22,000 and is trading for $21,699 (-1.46%) this morning, while Ethereum is trading for $1,538 (-0.89%).
FTSE 100 live: London takes fright as Powell testimony scares off blue chip investors March 9, 2023 London’s main index took another step back on Thursday as a second day of testimony in front of Washington lawmakers by Federal Reserve chair Jerome Powell largely stuck to the hawkish tone of the previous day. The FTSE 100 was last at 7,868.64, down 61.28 points or 0.77 per cent while the FTSE 250 which includes [...]
FTSE 100 close: Wall Street sell off tames London index after Powell rate warning March 8, 2023 London’s FTSE 100 was tamed today by a sell off that gathered pace in Wall Street last night after US Federal Reserve chair Jerome Powell signalled outsized interest rate rises could be back on the menu. The capital’s premier index squeezed out a 0.13 per cent gain to close at 7,929.93 points, while the domestically-focused [...]
Hugh Jackman, 54 shares 6,000 calorie diet as he trains for Wolverine March 8, 2023 Hugh Jackman might be 54 but he’s taking no shortcuts as he trains to play Wolverine again. Jackman is “bulking” by eating food that’s heavy with protein ahead of filming for the third instalment of the Deadpool franchise which starts later this year. Taking to Twitter, Jackman shared a photo of a collection of carefully [...]