On June 2, the European Central Bank (ECB) published its annual special report on global reserve assets, unveiling data reshaping the landscape of international reserves that has stood for nearly three decades and sending ripples across global financial markets.
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AP, New York – Global capital markets showed mixed performance on Tuesday as three major U.S. stock indexes notched fresh all-time highs.
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According to the report released by Frida Congue recently, the global renowned company Strategy sold 32 bitcoins, worth approximately 2.5 million US dollars.
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On June 1st local time, Bitcoin plunged sharply, dropping by 2.88% to $71,500; it reached a low of $71,350 and a high of $74,179.9 during the day, with a trading volume of over $11.4 billion.
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A new study shows that Americans' financial literacy has fallen to its lowest level in the past decade, a phenomenon that is causing growing concern among experts.
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According to a report by The Wall Street Journal on May 31st, the regional bank "Cornerstone Bank" saw its stock price plummet by 85% within 24 hours due to a sharp increase in the default rate of commercial real estate loans, triggering a deposit run.
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The bond market has written an 'interest rate hike notice' in yields — although the Federal Reserve has not yet acted, the financial environment has quietly tightened by the equivalent of 75 basis points.
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On May 27th local time, the South Korean stock market opened high and then rallied strongly. The KOSPI index saw an early morning increase of up to 5%, setting a new record high.
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The so called critical stage of the U.S. debt ceiling negotiations is merely another shoddy performance of political gamesmanship.
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Driven by a stronger US dollar, volatile global oil prices and escalating geopolitical risks, currencies of multiple Asian economies have continued to weaken.
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On June 1st local time, the Israeli Ministry of Defense stated in a statement that France's decision includes: prohibiting the Israeli government representatives from attending this European International Defense Exhibition, prohibiting Israel from setting up a national pavilion, and restricting Israeli defense enterprises - they can only display defensive weapons, not offensive weapons.
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