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Economic News

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Bitcoin Price: Investors Take $600M Out of ETFs – Is BTC Going to $60K?

May 1, 2025

A series of events, from ETF outflows to Federal Reserve policy shifts, have added to the uncertainty surrounding BTC’s near-term price action. The professionals at Vestronmix provide detailed insights into this matter within the article.. Data from Farside Investors reveals that April 7 and April 8 were particularly troublesome for Bitcoin…

Gold Price Forecast: XAU/USD Hangs Close to Record Highs Above $3,200, US Data Eyed

May 1, 2025

The XAU/USD pair is underpinned by an ongoing US Dollar decline, rising tensions between the United States and China, and dovish expectations around future Federal Reserve policy moves. The deepening trade conflict between the US and China has emerged as a primary driver behind the latest rally in Gold prices. The US President’s unexpected move to raise…

Silver Price Forecast: XAG/USD Maintains Position Near $31.50 Due to Rising Trade Tensions

May 1, 2025

Silver remains resilient, sustaining its recent bullish momentum as it trades near $31.30 during Friday’s Asian session. The precious metal is on track for a third consecutive daily gain, driven by a combination of safe-haven demand, a weaker US Dollar, and increased speculation around monetary policy easing by the Federal Reserve.. The dollar’s decline…

Average rate on a US 30-year mortgage eases to 6.76%, its second straight weekly decline

May 1, 2025

The average rate on a 30- year mortgage in the U.S. eased again this week, modest relief for prospective home shoppers during what’ s traditionally the busiest time of the year for the housing market. Mortgage rates are influenced by several factors, including global demand for U.S. Treasurys, the Federal Reserve’ s interest rate policy decisions and bond market…

March 31, 2025 U.S. Bank N.A. (Cincinnati, OH)

May 1, 2025

Board of Governors of the Federal Reserve System OMB Number 7100-0036 Federal Deposit Insurance Corporation OMB Number 3064-0052 Office of the Comptroller of the Currency OMB Number 1557-0081. Federal Financial Institutions Examination Council. This report is required by law: 12 U.S.C.§ 324; 12 U.S.C.§ 1817; 12 U.S.C.§ consolidated subsidiaries in U.S….

Northern Trust Pension Universe Data: Canadian Pension Plans Generated Positive Q1 Returns in Turbulent Markets

May 1, 2025

Financial markets were roiled in Q1 by heightened macro uncertainty and elevated levels of volatility, primarily driven by tariff directives announced by the U.S. administration. Some major central banks chose to cut interest rates as progress on inflation continued, while the U.S. Federal Reserve maintained its level of interest rates and exercised a…

Notice of Effectiveness (Form EFFECT)

May 1, 2025

Distributed via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission, on May 01, 2025 at 10:20 UTC.

GBP/USD Lurches Higher as Risk Aversion Abates

May 1, 2025

The GBP/USD currency pair took a decisive leg higher on Thursday, driven by an easing of global risk aversion and a broader reversal in Greenback flows. Although the move brought Cable closer to the psychological 1.3000 level, upside momentum remains constrained as macroeconomic uncertainties linger.. With the Federal Reserve having expended significant…

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