Morocco plans to start derivatives trading this year as the kingdom expands its capital markets to help finance a surge in infrastructure spending and preparations to co-host the football World Cup in 2030. from Bloomberg Markets https://ift.tt/Sv7imto
China and the United Arab Emirates (UAE) have acknowledged the crucial role of central bank digital currency (CBDC) in facilitating cross-border trade and investment. In a joint statement, the two countries expressed their commitment to deepening bilateral and multilateral cooperation with respect to their CBDCs. China also expressed appreciation for the UAE’s recent direct cross-border…
A wave of Chinese banks, asset managers and hedge funds are ramping up in the Middle East, jostling with Wall Street firms who are making their own expansion push in a region flush with oil wealth. from Bloomberg Politics https://ift.tt/icE2KfA
Get up to speed with what the markets are monitoring from Bloomberg Markets https://ift.tt/ja3efdt
China accused the European Union of working to “suppress” Chinese companies and said it will take action to safeguard its interests, as the bloc moves closer to imposing tariffs on Chinese electric vehicles. from Bloomberg Markets https://ift.tt/AMlrSqJ
Beijing says the UK’s MI6 took advantage of Mr Wang’s “strong desire for money”. https://ift.tt/WeA4NYk June 03, 2024 at 07:42AM
Feroze Azeez, deputy CEO of Anand Rathi Wealth, looks at how the election outcome in India might affect the economy and financial assets. Indian stocks, bonds and the rupee are surging after exit polls indicated a resounding victory for Prime Minister Narendra Modi’s ruling party in general elections. Azeez speaks on “Bloomberg Markets: Asia.” (Source: Bloomberg)…
Deep in Putin’s Russia, Ivanovo’s George Orwell library is still lending books on totalitarianism. https://ift.tt/WkHMzoQ June 03, 2024 at 07:47AM
Following a bullish surge towards the $71K threshold, Bitcoin faced heightened selling pressure, leading to a slight bearish rejection. However, the cryptocurrency encounters a robust support region that may lead to a renewed bullish move in the short term. Technical Analysis By Shayan The Daily Chart A detailed analysis of the daily chart reveals that…
A wave of Chinese banks, asset managers and hedge funds are ramping up in the Middle East, jostling with Wall Street firms who are making their own expansion push in a region flush with oil wealth. from Bloomberg Markets https://ift.tt/icE2KfA