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Share link:In this post: US Treasury yields are down ahead of the key CPI data announcement. Mark Cabana argued that an inflation rise will oblige traders to rethink their expectations on Federal rates. Trump trade tariffs have impacted yields on bonds worldwide.
Share link:In this post: Euroclear warns the EU that reinvesting frozen Russian assets into riskier investments could amount to “expropriation.” The European Commission wants to increase returns for Ukraine by shifting from safe reinvestments to higher-yielding, riskier ones. Euroclear is already facing over 100 lawsuits and warns that any new plan must include clear protections, as it cannot bear the legal and financial burden alone.
Share link:In this post: Broadcom has unveiled Tomahawk Ultra to accelerate AI data flow. The chip reportedly ties together far more processors than Nvidia’s switch. It also uses high‑speed Ethernet rather than proprietary links.
US President Donald Trump announced Tuesday night that congressional leaders have agreed to advance the landmark GENIUS Act following an Oval Office meeting, marking a significant turnaround after House Republicans failed to pass a key procedural vote earlier this week. “I am in the Oval Office with 11 of the 12 Congressmen/women necessary to pass … <a href="https://beincrypto.com/trump-genius-act-congressional-breakthrough-oval-office/">Continued</a>
- 19:54Dovish signals from the Federal Reserve boost gold prices above $3,700BlockBeats News, on September 16, spot gold reached another all-time high, surpassing the $3,700 mark. As investors prepare for the Federal Reserve's monetary policy statement, broad-based selling pressure on the US dollar has helped gold continue to rise. Although the market generally expects the Federal Reserve to cut its policy rate by 25 basis points, the revised Summary of Economic Projections and the voting pattern of the Federal Open Market Committee may indicate a growing dovish sentiment. On Monday, Senate Republicans confirmed White House economic adviser Milan to join the Federal Reserve Board of Governors. Milan is considered dovish and may be inclined to support a 50 basis point rate cut. He will be able to vote at the upcoming meeting. In addition, Federal Reserve Governors Bowman and Waller—both candidates to succeed Chairman Powell next year—may, as they did at the July meeting, convey messages by reflecting a dovish stance.
- 19:54Federal Reserve: Milan sworn in as Federal Reserve GovernorBlockBeats News, on September 16, the Federal Reserve announced that Stephen Milan was sworn in as a member of the Federal Reserve Board of Governors before the Federal Open Market Committee meeting. (Golden Ten Data)
- 19:53American Bitcoin under the Trump family rings the bell for listing on Nasdaq todayBlockBeats News, on September 16, the Trump family-backed bitcoin mining company American Bitcoin ($ABTC) rang the bell and was officially listed on Nasdaq today. As previously reported by BlockBeats, on September 3, the Trump family-backed bitcoin mining company American Bitcoin applied to raise up to $2.1 billions through a public offering. American Bitcoin will be listed this Wednesday and, after completing its merger with Gryphon Digital Mining, will be officially listed on the Nasdaq Stock Exchange. Donald Trump Jr., Eric Trump, and mining company Hut 8 will jointly own 98% of the shares of the new merged entity. The new entity will retain the name American Bitcoin and will trade under the stock ticker ABTC.