Bank of England’s Taylor warns rate hikes needed only in worst-case scenario

The post Goldman Sachs Limits, but Doesn’t Stop, Employees Using Kalshi and Polymarket appeared on BitcoinEthereumNews.com. Goldman Sachs has told employees to confine their prediction market activity to sports and entertainment. The bank hopes to limit compliance risks tied to betting on elections, interest rates, and other market-moving events. The bank issued the policy through an internal memo. It warned that repeated violations could lead to termination, a person familiar with the matter told the Financial Times. Kalshi and Polymarket Face Insider Trading Scrutiny Both platforms have drawn scrutiny over users profiting from advance knowledge of major events. Lookonchain flagged three wallets that netted more than $630,000 betting on Nicolás Maduro’s removal hours before his capture. Nobel Peace Prize organizers separately investigated a possible leak after a run of successful wagers on the eventual winner. Kalshi and Polymarket have since rolled out new rules targeting insider tra

The RBI's massive dollar position risks destabilizing the Rupee and impacting global investor sentiment amid ongoing geopolitical tensions. The post Reserve Bank of India sits on a $107 billion dollar bet it can’t easily walk away from appeared first on Crypto Briefing.

The depletion of the US oil reserve amid geopolitical tensions highlights vulnerabilities in energy security and potential market instability. The post US Strategic Petroleum Reserve hits lowest level since 1983 as Iran tensions drain emergency stockpiles appeared first on Crypto Briefing.

The attack on Iran's naval base heightens geopolitical tensions, impacting crypto markets and raising concerns over global economic stability. The post Iranian Navy base in Konarak attacked as crypto markets react with sharp volatility appeared first on Crypto Briefing.

The post Pound Sterling Price News & Forecast: GBP/USD trades slightly higher as the US Dollar fails to gain strong traction appeared on BitcoinEthereumNews.com. British Pound: Recovery tests key resistance against US Dollar – Scotiabank Scotiabank strategists Shaun Osborne and Eric Theoret report the British Pound (GBP) is fractionally higher versus the US Dollar (USD), with sentiment improving after PM Starmer’s resignation announcement. They see support from a repriced Bank of England (BoE) rate path following the latest Oil rally and describe GBP/USD’s recovery as increasingly entrenched as it attempts to break above 1.3400 and trades within a 1.3350–1.3450 range. “The pound is up fractionally vs. the USD and is a mid-performer among the G10 currencies as we head into Thursday’s NA session with focus still largely centered on broader developments in the absence of high-level domestic releases.” Read more… British Pound elevates despite firm US claims GBP/USD trades higher near the

The Fed's modernization efforts could reshape financial markets, impacting interest rates, inflation measures, and crypto asset valuations. The post Federal Reserve names advisers to support modernization efforts appeared first on Crypto Briefing.

The post British Pound: Recovery tests key resistance against US Dollar – Scotiabank appeared on BitcoinEthereumNews.com. Scotiabank strategists Shaun Osborne and Eric Theoret report the British Pound (GBP) is fractionally higher versus the US Dollar (USD), with sentiment improving after PM Starmer’s resignation announcement. They see support from a repriced Bank of England (BoE) rate path following the latest Oil rally and describe GBP/USD’s recovery as increasingly entrenched as it attempts to break above 1.3400 and trades within a 1.3350–1.3450 range. Pound sentiment improves on policy repricing “The pound is up fractionally vs. the USD and is a mid-performer among the G10 currencies as we head into Thursday’s NA session with focus still largely centered on broader developments in the absence of high-level domestic releases.” “The recent recovery in sentiment remains important, signaling market confidence in the aftermath of PM Starmer’s June 22 resignation announcement.” “Fundament

The post SK Hynix IPO Sees Oversubscription by 7x as Tech Stocks Rally Amid Geopolitical Tensions appeared on BitcoinEthereumNews.com. Key Highlights Technology stocks powered indices higher with the Nasdaq advancing 1.2%, S&P 500 up 0.8%, and Dow rising 0.4% Thursday Investor appetite for SK Hynix’s Friday Nasdaq listing reached seven times the number of shares being offered Military conflict between the U.S. and Iran intensified with American forces hitting 90 Iranian locations, prompting Iranian retaliation against allied targets Crude oil retreated Thursday, reversing part of the previous session’s advance despite Middle East hostilities PepsiCo earnings revealed weakening consumer demand as Americans tighten budgets, though overall sales exceeded analyst forecasts American equity markets posted solid advances Thursday, with technology shares leading the charge as market participants shrugged off geopolitical uncertainty and focused attention on SK Hynix’s upcoming artificial intel