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The post South African Rand: SARB tightening and fiscal risks – BNY appeared on BitcoinEthereumNews.com. BNY’s Bob Savage argues that South African Reserve Bank (SARB) is likely to lead emerging market tightening as South Africa reverses its easing path and hikes the repo rate back to 7.0%. The report notes improving inflows and mining-related support for South African Rand (ZAR), but stresses that higher U.S. yields and Fed policy set the bar, requiring more forceful Emerging Markets (EM) moves to maintain credibility and stabilize South African government bonds (SAGBs). SARB leads EM rate reversal “A shift in the Fed’s policy stance has reset the benchmark for emerging market central banks. On the back of surprise hikes in Asia to defend currencies and avoid excessive outflows, there are many candidates in EM that can follow, especially if fiscal performance is also under pressure, or other idiosyncratic factors come into play. Turkey is seen as a candidate, especially with growing r
Read full articleInstitutional crypto in 2026 is usually described in terms of capital markets: prime brokers onboarding hedge funds, custodians expanding their books, trading desks reporting record volumes.
Emerging markets face increased economic strain and potential capital flight, impacting global risk appetite and boosting crypto interest. The post Indonesia and India intervene to support weakening currencies as oil prices surge appeared first on Crypto Briefing.
Coinbase announces four TRUST milestones: TRUSThub launch, BNY membership, 21 Analytics partnership, and global Travel Rule expansion. Coinbase is making major moves in crypto compliance. The company announced four major milestones for its TRUST network on May 28, 2026. These milestones include launching TRUSThub, welcoming BNY as a member, and partnering with 21 Analytics. Global […] The post Coinbase Expands TRUST Network With BNY and Global Compliance Push appeared first on Live Bitcoin News.
The post Euro: Weak EU trade and sentiment weigh against US Dollar – BNY appeared on BitcoinEthereumNews.com. BNY’s Bob Savage reports that European Union (EU) exports, especially to the United States (US), have weakened sharply and sentiment indicators remain below long‑run averages, underscoring subdued Eurozone momentum. Savage notes that softer producer prices in France, mixed confidence in Italy and Sweden, and broad EUR/USD declines reflect persistent concerns over demand and inflation dynamics across the bloc. Soft data backdrop for Euro “EU external trade data for Q1 showed a marked weakening in exports, particularly to the U.S.” “The EU and euro area sentiment surveys for May showed economic confidence remaining weak despite modest stabilization.” “However, both measures remained well below their long-run averages of 100, signaling continued subdued economic momentum.” “These figures are still below pre-Middle East conflict levels and highlight persistent concerns among househ
The post Canadian Dollar: Rebalancing offers near-term relief – BNY appeared on BitcoinEthereumNews.com. Geoff Yu at BNY highlights that Canadian Dollar (CAD) dynamics differ from the U.S., with equity-based rebalancing pointing toward CAD support as growth and allocation trends move opposite to the US Dollar. Fixed income steepening and poor CAD performance are seen amplifying CAD buying signals, suggesting some relief for the Canadian Dollar into month-end. Canadian Dollar supported by flows “Mathematically, our figures suggest that the unwinding of USD/CAD hedges – the discontinuation of forward USD selling against CAD on U.S. positions – played a big role in the dollar’s performance and some reversion is needed.” “The only other equity-based rebalancing signal is in the CAD, where growth and asset allocation trends are pointing in the opposite direction.” “In contrast, CAD buying is being amplified by similar steepening in bond markets on top of poor currency performance.” “USD and
Rising rates may attract foreign capital, strengthening the rand, but could slow economic growth and impact rate-sensitive sectors. The post South African Reserve Bank set to raise rates for first time since 2023 amid Iran war inflation appeared first on Crypto Briefing.
Week #597 / The Start of a Correction of a Larger Degree?
Global rate hikes could stifle economic growth, exacerbate stagflation risks, and strain emerging markets amid persistent inflation pressures. The post HSBC forecasts central banks to raise rates amid supply shocks from US-Iran conflict appeared first on Crypto Briefing.
