Conflict between Poland and Belarus?

In his recent interview Piotr Wawrzyk, Deputy Foreign Minister of Poland, stated that Belarus is trying to provoke a conflict between the two countries. This should be connected to a mass border crossing attempt near Kuznica border.

More market movers from category

Firms invest $250m in eToro

Trading platform eToro raised $250 million in an advanced investment agreement, topping the company’s valuation at $3.5 billion. ION Group, Social Leverage, SoftBank, and other major industry players invested in eToro in the recent deal. 

Chainlink Labs x PwC Germany

Enterprise blockchain adoption will be sped up thanks to a new partnership between Chainlink Labs and PwC Germany. Chainlink Labs will offer services to traditional businesses who are already working with PwC but have not yet adopted blockchain technology.

Florida Governor wants to ban CBDCs

Florida Governor Ron DeSantis called for a ban on central bank digital currencies (CBDCs). He pointed out some negative effects, including higher surveillance over citizens or a cap on CBDC holdings.

Microsoft launches AI tool Copilot

Microsoft has just launched a new AI tool called Copilot. It will be a similar tool to ChatGPT, which users can use for Word, Excel, PowerPoint, Outlook, etc.

FTX promoters get sued

Edwin Garrison has spearheaded a class action lawsuit against influencers promoting FTX on YouTube and other platforms. He seeks $1 billion in damages since they made money from promoting the FTX crypto scam without disclosure.

Meta fires 10,000 people

Meta has just announced a second round of layoffs. It was 11,000 employees four months ago. This time, Meta is firing 10,000 people.

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Do Kwon reportedly arrested

The Interior Minister of Montenegro claims Do Kwon has been arrested in Podgorica, the capital of Montenegro. The identity verification should be confirmed soon.

BoE lifts interest rates again

The Bank of England lifted the UK’s interest rates by 25 bps, the eleventh rate hike in a row. The interest rates were increased from 4% to 4.25%, reaching 15-year highs, with the aim of bringing inflation down.

Firms invest $250m in eToro

Trading platform eToro raised $250 million in an advanced investment agreement, topping the company’s valuation at $3.5 billion. ION Group, Social Leverage, SoftBank, and other major industry players invested in eToro in the recent deal. 

SNB raises interest rates to 1.5%

The Swiss National Bank joined the Fed with another rate hike of 50 bps. The interest rates were increased from 1% to 1.5%, the highest since 2008. The central bank suggested more rate hikes could occur this year. 

SEC’s fight with crypto intensifies

The SEC filed a new lawsuit against Jake Paul, citing crypto promotions without disclosing the payment he received for the promotion. Justin Sun is being sued for fraud and market manipulation. The SEC alleges unregistered sales of securities (TRX and BitTorrent). Moreover, Coinbase received a Wells Notice focused on staking and asset listing.

EUR/USD rises above 1.0900

EUR/USD rose above 1.0900 after the Fed raised interest rates, the highest since early February. Another Fed’s rate hike of 25bps was delivered, but the US dollar weakened all around the place.

News

Mixed messages after the Fed – markets are in a waiting mode
SP500
0.3%

Mixed messages after the Fed – markets are in a waiting mode

The US market turned green across the board as volatility makes for a roller coaster trading.
Natural gas lifted after EIA data – is gas dead?
NG
-2.13%

Natural gas lifted after EIA data – is gas dead?

The fresh EIA storage data lifted the price of natural gas, however nothing ground-breaking happened. Will we see a rise ever again?

FTSE struggles after BoE hike – future movement uncertain

Another rate hike seems to have disrupted the short-term bullish trend in the FTSE index.

US President’s Economic Report is wrong about crypto – here’s why

The fight between cryptocurrencies and central bank digital currencies (CBDCs) intensifies with the recent issue of the president's publication.