Macro Scene

Crypto markets see $3.5 billion in liquidations as Bitcoin rallies above $72,000

Crypto markets have recorded one of their largest liquidation events on record, with around $3.5 billion in leveraged positions reportedly liquidated over a 24-hour...
Macro Scene
Maria Irene

Bitcoin Slips After U.S. Jobs Data Shake Markets

Bitcoin took a hit as the latest U.S. jobs data created ripples through global financial markets, sending the cryptocurrency to its lowest point in...
Maria Irene

BOJ’s Rate Moves Spark Yen Revival and Stir in Currency Strategies

The Bank of Japan (BOJ) is ramping up its efforts to combat inflation, with Governor Kazuo Ueda confirming that more interest rate hikes are...
Maria Irene

US Economy Poised to Lead Global Growth Through 2025

The United States is positioned to maintain robust economic growth, outpacing other major global economies in the coming years, according to recent projections from...
Maria Irene

Petro-Dollar Era Ends: Saudi Arabia Ditches US Dollar for Oil Sales

Saudi Arabia’s decision not to renew its 80-year petro-dollar agreement with the United States has sent shockwaves through the global economy. The kingdom’s move...
Maria Irene

Dollar Dazzles While Yen Yelps in Currency Tug-of-War

The global currency landscape is a battlefield, with multiple currencies vying for supremacy. While many are attempting to dethrone the US dollar, few have...
Maria Irene

Global GDP Steady as Central Banks Play the Long Game

Economic stability is the focus as the world navigates a complex macroeconomic landscape. The Conference Board’s global GDP forecast for 2024 remains steady at...