Crypto markets have largely held on to gains this week, buoyed by Ethereum and the US Securities and Exchange Commission’s approval of spot exchange-traded funds. However, around $1.4 billion in notional value Bitcoin options contacts will expire on May 24. The 21,000 contract expiry is a relatively small event compared to the month-end May 31…
The death of Iranian president Ebrahim Raisi raises a serious question about the future of one of the most powerful jobs in the Middle East: who or even what can succeed Supreme Leader Ayatollah Ali Khamenei. Bloomberg News’ Ziad Daoud discusses with Joumanna Bercetche on Horizons Middle East & Africa. (Source: Bloomberg) from Bloomberg Markets https://ift.tt/jx64TEJ
This week, we take a closer look at Ethereum, Ripple, Cardano, Shiba Inu, and Polkadot. Ethereum (ETH) Ethereum just had one of its best weeks after its price exploded by almost 30%. It came on the news that an ETF approval was imminent, which was confirmed a few days later. Now, the price is consolidating…
The enormous capital raise by the UK’s National Grid Plc is Europe’s largest rights offering outside the banking sector for 15 years, according to its chief executive officer. And it’s in stark contrast to the funding approach taken by Britain’s struggling water companies. from Bloomberg Markets https://ift.tt/zT4LAVy
from Bloomberg Markets https://ift.tt/3nBNLWz
The International Monetary Fund (IMF) has stated that Zimbabwe’s recently introduced gold-backed fiat currency represents a significant policy step. This is the IMF’s first substantial comment on the currency since its inception. The global lender has reportedly announced plans to send a team in June to evaluate the performance of the new currency. Contrasting IMF…
Overseas issuers sold yen bonds at the fastest pace in five years so far this month, chasing cheap funds before an expected interest rate hike by the Bank of Japan pushes up borrowing costs. from Bloomberg Markets https://ift.tt/a3J1r5S
Colin Coleman, Columbia Business School Adjunct Professor & Former Goldman Sachs Sub-Saharan Africa CEO, discusses the South Africa election and sees the real issue for the region is that it is perceived internationally as a bond market dream and an equity market headache for ‘anxious’ investors. He speaks with Joumanna Bercetche and Jennifer Zabasajja on…
Chinese President Xi Jinping urged deeper reforms for some of the country’s key sectors as investors look for hints on major policy shifts to be revealed at the upcoming party conclave. from Bloomberg Markets https://ift.tt/o9S2JAC
DLF Homes Joint MD & Chief Business Officer Aakash Ohri expects India’s luxury real estate market to surge, with demand for superior homes and services. He speaks with Haslinda Amin on “Bloomberg Markets: Asia.” (Source: Bloomberg) from Bloomberg Markets https://ift.tt/iOFedDG