The UK government has launched consultations to explore the possibility of a nationwide ban to prevent operators of critical national infrastructure from succumbing to the demands of ransomware cybercriminals. In a proposal dated January 14, the Home Office proposed a "targeted ban" on ransomware payments to all public sector bodies and critical national infrastructure, such as energy, health services and local councils, expanding an existing ban on government departments.
Wells Fargo said it is increasingly unlikely that the Federal Reserve will cut interest rates in March.
Advances in quantum computing technology could redefine the traditional notion that Bitcoin "lost coins" cannot be recovered. The article points out that some early-generated and long-abandoned wallets (such as Satoshi Nakamoto's wallet), due to their owners' inability to migrate keys to more secure encryption algorithms, may be at risk due to quantum computing breaking through old encryption techniques. This could recirculate some bitcoins that were thought to be permanently lost, thus changing...
The Canadian swap market sees a 65% chance that the Bank of Canada will cut interest rates by 50 basis points next week, up from 58% before the jobs data.
On December 6th, in early trading today, class A shares suddenly broke the calm. The A50 rose in a straight line, rising rapidly by more than 1%. Around 11 am, the three major indices of class A shares collectively rose by more than 1%, of which the growth enterprises market index rose by nearly 2%. Penny stocks, AI applications, big finance, and big infrastructure led the way, with more than 4,000 stocks rising in Shanghai, Shenzhen and Beijing. The Hang Seng Index rose by more than 1%, and the...
The Fed, Mr. Collins said, would not rule out easing in December. The economy is in very good shape. Modest easing is appropriate at the right time. There is no evidence of new price pressures. Tariffs could be a driver of inflation.
Polymarket bettors said the January 6 protesters were more likely than Ross Ulbricht, the founder of Silk Road during Mr. Trump's second White House, to be pardoned, but the difference was not significant. Multimarket bettors put the January 6 protesters at 86 per cent and Ulbricht at 78 per cent. In addition to these two groups, bettors also gave him a 14% chance of pardoning himself and a 6% chance of pardoning Sam Bankman-Fried.
Traders trimmed expectations for a 50 basis point ECB rate cut in December, with the odds down to 22 percent from around 45 percent before the data.
The possibility of war pushes up oil prices? But the current oil price just shows that the market is not betting on a full-scale war; gold is in turmoil, and the breakthrough direction will be the next clue; non-US currencies may still fall, and Japan, Europe or fall to... > >
European Central Bank Governing Council Simkus: The possibility of interest rate cuts in October is very small. We won't have much new data in October.
European Central Bank Governing Council member Simkus said the possibility of a rate cut in October is very small. We won't have much new data in October.
Traders see a higher probability of a 50 basis point cut in September than 25 basis points.
On September 15th, it became increasingly likely that OpenAI was about to transform its complex corporate structure. Earlier this week, it was reported that the company was in talks to raise $6.50 billion at a pre-investment valuation of $150 billion. Now, according to Reuters, the deal depends on whether OpenAI can restructure and remove profit caps for investors. According to Fortune, co-founder and CEO Sam Al...
On September 11th, according to Informa Global Markets, the overall CPI in the United States slowed to 2.5% year-on-year in August, in line with expectations and the lowest level since February 2021. Core inflation remained at an annualized rate of 3.2%, which was also in line with expectations. The market noted that higher than expected was core inflation at a monthly rate of 0.3%, which prompted the dollar to rise against the yen from 141.80 to 142.35. The data supports the Federal Reserve to ...
On September 6, traders expect a 50% chance that the Federal Reserve will cut interest rates by 50 basis points this month.