Friday , 2 January 2026

Recent Posts

Asian central banks spend billions to slow currency declines

Bloomberg After years of building their foreign-exchange reserves, central banks in Asia are tapping into their stockpiles to bolster their weakening currencies against a rising US dollar. Thai reserves slid to $221.4 billion as of June 17, in data released late last week. That was the lowest in more than two years. Monthly figures show that Indonesia’s stash is at …

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Bitcoin rally falters as inflation fears weigh on crypto assets

Bloomberg Bitcoin, fresh off its biggest-ever monthly decline, whipsawed traders with wild swings on Friday as digital assets struggle to regain their footing. The largest token rallied as much as 11.3% in Asia on Friday, briefly closing in on the $21,000 level. Bitcoin then quickly gave up most of those gains, trading around $19,400 at 11:30 am in London. June’s …

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US stock futures fall

Bloomberg US equity futures fall as risk aversion lifted bonds and havens following epochal six-month losses across major markets. Contracts on S&P 500 and Nasdaq 100 pointed to extended declines for US stocks after the S&P 500 suffered its biggest first-half drop in over 50 years. The 10-year US Treasury yield slid below 3% to the lowest since early June. …

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