Browsing: Basis

Aussie Inflation Upsets Rate-Cut Bets as Wall Street Rallies; FX Eyes PBOC Fix, AI Stocks Diverge Sticky Australian inflation reined in rate-cut hopes and underpinned the Aussie, while U.S. stocks extended gains on softer data… (via Bpaynews real-time desk)

UK Initiates Major Crypto Fraud Investigation into Collapsed Basis Markets Project In a major development in the cryptocurrency sector, the United Kingdom has launched a comprehensive fraud investigation into the failed Basis Markets project. The… (via Bpaynews real-time desk)

UK SFO Cracks Down on $28M Basis Markets NFT Fraud In a striking move against financial crime in the burgeoning digital asset space, the UK Serious Fraud Office (SFO) has initiated a comprehensive crackdown on… (via Bpaynews real-time desk)

Mexico’s Central Bank Reduces Key Interest Rate by 25 Basis Points Mexico City, [Insert Date] – In a move aligned with market expectations, the Bank of Mexico, commonly referred to as Banxico, announced a 25… (via Bpaynews real-time desk)

Bitcoin and Altcoins React to Fed’s Interest Rate Cut In a recent move by the Federal Reserve, interest rates have…

Title: Fed Cuts Rates by 25 bps Amid Lingering Macro Challenges Date: October 3, 2023 Introduction: In a significant monetary…