US Banks See Large Deposit Inflows As Bailout Fund Expires, RRP Liquidity Plunges With The Fed's bank bailout facility now expired (and the one-year term loans starting to mature), it is perhaps not surprising that we saw a very large liquidity drain from The Fed's Reverse Repo facility in the last two days - over $107BN pulled out to fresh cycle lows Source: Bloomberg Total deposits - on a seasonally-adjusted basis - rose by $54BN last week Source: Bloomberg On a...
U.S. stocks finished higher in a volatile session on Tuesday as investors geared up for the Federal Reserve's interest-rate decision tomorrow. The S&P 500 rose 29.09 points, or 0.6%, to end at 5,178.51, its new all-time high. It was the 18th record close for the large-cap benchmark index so far in
Gold prices hit a new all-time high recently, and there's still room for it to surge as some countries continue on a gold buying spree.
TAMPA, Fla. (WFLA) — An 18-year-old was killed in a crash in Bartow on
Wall Street’s three major stock indexes have registered record closing highs for the second day in a row after the Federal Reserve reassured investors about the prospects for rate cuts this year, while chip stocks rallied after Micron Technology’s upbeat forecast. The indexes had also hit fresh intra-day record highs earlier on Thursday and the […]
The S&P 500 and Dow Jones Industrial Average snapped three-day losing streaks as drugmaker Merck rallied.
Taiwan shares notched new records with more gains in view on the back of a booming demand for artificial intelligence and semiconductor technology.
Australia will begin enforcing tougher visa rules for foreign students this week as official data showed migration hit another record high, which is likely to further exacerbate an already tight rental market
Sydney is so overcrowded more than 33,000 residents are moving interstate every year in search of cheaper housing. This is occurring as 186,433 overseas migrants flood into NSW.
By Fergal Smith (Reuters) -Canada's main stock index moved closer to a record high on Wednesday, led by gains for technology and metal mining shares, as
Stocks started the week on a high note but ended with a whimper. The S&P 500 index on Tuesday reached a record high close for the 17th time this year, as investors shrugged off a higher-than-expected 3.2% annual rise in consumer prices and cheered a cooldown in some categories like food prices. Stocks weren’t the only winners. […]
Shibarium, Shiba Inu’s layer-2 solution, recently reached an all-time high total value locked (TVL) of over $3.67 million. As if the current bullish sentiment around the Shiba Inu’s ecosystem isn’t enough, its layer-2 solution has now reached a milestone that could lead to a further price surge. Related Reading: SEC Chair Gary Gensler Says Crypto […]