May 2022

US Annual CPI Falls But Core Rises; S&P 500 Index Closes Below 4,000; Bitcoin Trading Below $28k; Flow Into JPY on Risk-Off Sentiment

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US CPI data released today again came in higher than the consensus forecast, but the annualized rate drops from 8.5% to 8.2% giving hope inflation has peaked.

The Black-Scholes Model, sometimes referred to as the Black-Scholes-Merton Model, is a mathematical model using six variables to calculate the theoretical value of a European-style option contract.

Clearing, and settlements, which are often used in the same sentence but refer to something different, are the building blocks of today’s payment systems.

Big figure applies to highly liquid and volatile markets, like the Forex market, where rapid moves in price action are frequent. Abbreviations and synonyms of big figure are big fig and handle, respectively.

At Best is nothing more than a set of instructions that forces an order to be executed at only the most desirable price. While they are mostly market orders, sometimes they also require some degree of discretion from the concerned broker.

US CPI Release Due Today; Commodities Lower; Forex, Stock, & Crypto Markets Consolidate

In the past several hours, UST stablecoin lost its peg and dropped to as low as 69c to the dollar. As a result, the Luna token also saw severe drawdowns and the entire market braved volatility. Here is an explanation of what happened to UST/Luna: https://twitter.com/jonwu_/status/1523793482850050048 Other articles: https://www.coindesk.com/business/2022/05/09/ust-stablecoin-falls-below-dollar-peg-for-second-time-in-48-hours/ https://decrypt.co/99849/terra-stablecoin-peg-slips-despite-loan-bitcoin-reserves Read more…

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