June 2021

Sterling’s positive momentum continues to gain speed with the currency touching a 2½-month peak against the euro.

The Bank of Japan released its monetary policy minutes recently, which stated that the Bank’s board members think that massive global stimulus measures will aid the recovery of the local economy.

S&P 500 Futures Trading Near Record High; Bitcoin Recovers After Breaching $30k.

As the entire crypto sector’s market cap continues to plummet, the two major cryptocurrencies Bitcoin and Ethereum are poised to crash through major support levels, which is likely to lead to another sharp drop of up to 50%.

Volatility is the order of the day within the stock markets today as the Dow Jones Industrial Average begins a sudden recovery from what is being heralded as its worst week since October last year.

Federal Reserve Bank of New York President John Williams commented recently that the United States economy is not yet ready for the Fed to change its loose monetary policy stance, despite the economic outlook improving significantly due to COVID-19 containment efforts.

Stock Markets Rebound Sharply; WTI Crude Oil Hits New 2.5-Year High; Cryptocurrencies Falling.

Currently, karma from submissions and comments is counted towards the monthly moons distribution regardless of whether the moderators removed them or not. The reason for this stems back to when the community use to have an event called Weekend Memes. The intention was to count karma even though all meme Read more…

Welcome to the Daily Discussion. Please read the disclaimer, guidelines, and rules before participating. Disclaimer: Though karma rules still apply, moderation is less stringent on this thread than on the rest of the sub. Therefore, consider all information posted here with several liberal heaps of salt, and always cross check Read more…

Tether has just 13 listed employees on LinkedIn. Source There is just over $62bn Tether in existence, meaning Tether theoretically has $62bn under their control. Source That is over $5bn in assets per employee of Tether If that seems comically low it’s because it is. It’s a world record for Read more…