PBOC Returns and Helps Stabilize Local FX north Overview: China's mainland markets re-opened after the extended holiday, and the by setting the dollar's reference rate little changed from its last fix helped inject a note of stability into the local Asian currencies. Indeed, most of them pulled back today, including the Taiwan dollar and [...]
US Dollar Remains Under Pressure, while Asia Pacific Currencies Lead the Charge north Overview: The dollar has begun the new week under pressure, though many financial centers are closed today. The upside pressure on Asia Pacific currencies remains notable. The offshore yuan, the Taiwanese dollar, and Malaysian ringgit, the Japanese yen, and Australian dollar are among the [...]
Announcing the Ethereum Season of Internships north Every year, the Ethereum ecosystem welcomes thousands of builders through community events, hackathons, courses, bootcamps, and campus clubs. However, many newcomers struggle to remain engaged, as they face challenges securing structured early-career opportunities. The Ethereum Season of [...]
Is this the end of Bitcoin DeFi? north Bitcoin’s institutional adoption reshapes its development landscape, prioritizing security and compliance over grassroots innovation. Bitcoin's decentralized roots, however, face unprecedented challenges.
Week Ahead: FOMC in No Hurry to Cut Rates while BOE Easing set to Accelerate north President Trump says there are trade talks with China. Beijing denies it. Around the time the US reports that the world's largest economy contracted slightly in Q1 (0.3% annualized), US Treasury Secretary Bessent said that the effective embargo was shutting down the China's economy. The week [...]