Part II: Are Stablecoins Really “Stable”? Summary Stablecoins, which are a category of digital currency, have many favorable characteristics. Payments can be settled essentially instantaneously, and “unbanked” individuals can easily use them. Their supplies are Read more…
In a crowded week for Canadian data releases, we expect the headline CPI inflation rate to stand out. The measure will likely accelerate to 4.9% year-over-year from 4.7% in November. Omicron-related weakness in energy products Read more…
Top Non-US Equity ETFs as of 12/31/21 Fund Name, Ticker, Overall Rating, (Risk Grade) Franklin FTSE Taiwan (FLTW) – Get Franklin FTSE Taiwan ETF Report A+ (B-)iShares MSCI Denmark (EDEN) – Get iShares MSCI Denmark ETF Read more…
The Bank of Japan will be in the spotlight next week. It will likely reaffirm that rates won’t rise for a long time, leaving the yen at the mercy of foreign central bank moves and Read more…
Payments company Block is building an open source bitcoin mining system for a “fully decentralized and permissionless” internet. Avid bitcoin enthusiast Jack Dorsey is officially building an open bitcoin mining system to democratize what could Read more…
Financial markets saw a shake-out early this week on the back of the more hawkish Fed, now signalling a rate hike already in March when tapering of asset purchases is done. US 10-year bond yields Read more…
Markets December US retail sales were today’s main dish. The headline figure declined by 1.9% M/M which was significantly below near flat consensus. Core sales dropped by 2.3% on a monthly basis and the control Read more…
A late sell-off in the US on Thursday is weighing heavily on sentiment around the globe with Asia ending the week on a negative note and Europe heading for a similar finish. Tech was once Read more…
Venture capital investors put a whopping $329.9 billion into 17,054 deals last year. Views differ on the implications. Venture capital activity hit an all-time high last year, but there are opposite ways to interpret the Read more…
Retail sales declined for the first time in five months, falling 1.9% m/m in December, well below the consensus estimate for a modest decline of 0.1%. November’s reading was also revised down to +0.2% m/m Read more…