RBNZ survey reveals moderating short-term inflation expectations What the survey says According to the RBNZ Business Expectations Survey for Q2, respondents have lowered their expectations for CPI inflation in both the short-term and medium-term, while their long-term CPI inflation expectations have remained stable. Specifically, one-year-ahead annual inflation expectations have notably decreased by 49 bps, moving…
Bitcoin Price Analysis: BTC Faces Risk of More Losses Below $60,000 Bitcoin price started a fresh decline from the $62,000 resistance zone Bitcoin, the leading cryptocurrency, has started a fresh decline from the $62,000 resistance zone. The digital asset is currently declining and remains at a risk of more losses below the key $60,000 level….
Information about Palestinian Authority withholding tax revenues Palestinian Authority struggles with Israeli finance ministry The Palestinian Authority announced on Sunday that the Israeli finance ministry is continuing to withhold tax revenues. This action has resulted in only a portion of public sector salaries being paid this week, causing a continued strain on the payrolls that…
Is Bitcoin About to Experience Another Massive Rally? Following the Halving, Bitcoin’s Behavior Mirrors 2016 Bitcoin is mimicking its post-2016 halving trajectory, potentially signaling an upcoming massive rally. Recent on-chain data reveals significant movements from long-dormant Bitcoin wallets, stirring market speculation. Following the recent halving, Bitcoin has perfectly mirrored its 2016 behavior, with a significant…
Unlocking the Mystery of Yen Interventions Decoding JP Morgan’s Note on the Yen So, you’ve come across JP Morgan’s recent note on the yen, and you’re probably wondering what it all means. Let’s break it down in a way that’s playful, quirky, and relatable. The Yen’s Dance with the BOJ According to JP Morgan, a…
Japanese Equities and the Impact of Currency Weakening Introduction As the head of Japan active investments at BlackRock noted in a recent Bloomberg piece, investing in Japanese equities becomes more challenging as the currency weakens. This statement highlights the importance of understanding the relationship between currency fluctuations and stock market performance in Japan. Current Scenario…
Welcome to my quirky blog post about Museveni’s Engagement With The Business Community Getting Down to Business So, can we talk about that time when Museveni met with business leaders and basically became the hero we never knew we needed? I mean, who knew that a meeting at State House could lead to such a…
Sen. Lindsey Graham Calls for Gaza to be Bombed like Hiroshima Background During a recent appearance on Meet the Press, Sen. Lindsey Graham (R-SC) made controversial remarks calling for Gaza to be bombed like Hiroshima. When questioned by NBC host Kristen Welker about the necessity of using such massive bombs, Graham compared the situation to…
