Commentary / Economy / Central Banks
Add as a preferred source on GoogleChinese Yuan has become the official reserve currency as its gets included in the special drawing rights (SDR) basket. Yuan's share is the third biggest in the basket with 10.92 percent. This also means that the official…
Chinese Yuan has become the official reserve currency as its gets included in the special drawing rights (SDR) basket.
Yuan's share is the third biggest in the basket with 10.92 percent. This also means that the official interest rate for IMF loan moved up.
Gold prices edged lower on Monday as stronger-than-expected U.S. nonfarm payrolls data dampened hopes for aggressive Federal Reserve rate cuts, bolstering the dollar. Spot gold slipped 0.1% to $2,686.32 an ounce, while F…
On-chain data shows BTC whales moved 10000 BTC from Crypto exchanges. This indicate accumulation of BTC by whales. Japanese public company Metaplanet buys another 1 billion yen worth of Bitcoin. According to Santiment, t…
Personal income increased by 0.2% month over month In August, which was less than the 0.4% market forecast and less than the 0.3% growth in July. For the third consecutive month, real personal disposable income increased…
