Traders fully price in Federal Reserve rate hike in October after PPI data
The anticipated rate hike underscores persistent inflation challenges, potentially tightening financial conditions and impacting economic growth. The post Traders fully price in Federal Reserve rate hike in October after PPI data appeared first on Crypto Briefing....
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US Treasury yields surge, with 10Y at 4.9% and 30Y above 5.34%, fully erasing drop after Bessent’s intervention
Rising Treasury yields signal a tighter monetary environment, reducing the likelihood of the Fed pausing interest rate hikes soon. The post US Treasury yields surge, with 10Y at 4.9% and 30Y above 5.34%, fully erasing drop after Bessent’s intervention appeared first on Crypto Briefing....
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Bitcoin Drops Below $77K After the First Inflation Report of the Week
The first major economic event in the United States for the next week or so just came live, as the Producer Price Index (PPI) showed a 0.4% increase for the month, which was pretty much in line with expectations. The annual jump is quite high at 5.4%, which is...
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Crypto researchers cut Bitcoin and Ethereum quantum attack estimate by 50%
A paper shared with CoinDesk shows humans and AI agents beating Google’s March result on a core calculation used by Shor’s algorithm, adding another variable to crypto’s quantum clock....
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FC Basel sacks head coach Stephan Lichtsteiner after seven months of diminishing returns
FC Basel’s decision to part ways with Lichtsteiner highlights the club’s urgent need for a strategic overhaul to regain competitive momentum. The post FC Basel sacks head coach Stephan Lichtsteiner after seven months of diminishing returns appeared first on Crypto Briefing....
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Producer prices jump 0.4% in August as energy costs surge, keeping inflation pressure alive
Rising producer prices, driven by energy costs, may complicate monetary policy decisions, impacting economic stability and market expectations. The post Producer prices jump 0.4% in August as energy costs surge, keeping inflation pressure alive appeared first on Crypto Briefing....
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10Y yield surpasses 4.90% as rising fuel costs elevate US producer prices
Rising Treasury yields and producer prices signal persistent inflation, potentially impacting financial markets and driving oil prices higher. The post 10Y yield surpasses 4.90% as rising fuel costs elevate US producer prices appeared first on Crypto Briefing....
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US producer prices rise less than forecast, putting Fed rate hike in doubt
The softer core PPI reading may delay Fed rate hikes, impacting market expectations and economic strategies in the near term. The post US producer prices rise less than forecast, putting Fed rate hike in doubt appeared first on Crypto Briefing....
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Jan Hatzius warns Kevin Warsh’s Fed strategy risks market volatility
Reduced Fed transparency could lead to unpredictable market swings, affecting investment strategies and increasing volatility across asset classes. The post Jan Hatzius warns Kevin Warsh’s Fed strategy risks market volatility appeared first on Crypto Briefing....
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Nvidia partners with 8 Australian firms for a 2GW AI infrastructure buildout
The partnership could significantly boost Australia’s AI capabilities, positioning it as a key player in the global AI infrastructure landscape. The post Nvidia partners with 8 Australian firms for a 2GW AI infrastructure buildout appeared first on Crypto Briefing....
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