Cryptocurrencies are gaining more and more ground in the world of investments and now they have reached Wall Street .
Meanwhile, a tiktoker created his own cryptocurrency called ‘Scam’ , which although it started as a joke, achieved a capitalization of 70 million dollars at its launch.
Last December, the Manhattan-based entity announced its plan to venture into cryptocurrencies with Lukka , a cryptic asset data analysis and software company for institutions.
This way they will be able to enter the game in a simple way, guided by an entity that the advisors.
Archegos has hired restructuring advisers to assess the potential legal claims from banks and to plan for a possible winding down of its operations, the report said, citing two people familiar with the matter.
HOUSTON -Climate activists are prodding Exxon Mobil Corp’s top shareholders to vote against the reelection of two directors, a move that could boost a hedge fund’s proxy fight to seat four candidates on the oil giant’s board.
Traders are already pricing in additional 250 basis points in increases later this year, which would take the key rate to 6%.“The spreads are still good to investors in relation to the credit risk from the companies,” said Laurence Mello, a credit fund manager at AZ Quest Investimentos, which has 17 billion reais under management.Companies are also finding it easier to sell longer-term debt, with maturities of up to 10 years for inflation-linked bonds and six years for those tied to the overnight rate, according to Felipe Wilberg, the fixed income and structured product managing director at Banco Itau BBA, the biggest underwriter of local corporate bonds this year, according to data compiled by Bloomberg.Most Brazil companies issued debt last year to buy smaller rivals, Wilberg said.
International oil and gas prices have maintained gains and key trading partner China remains on the mend, said Tamara Mast Henderson, Asean economist for Bloomberg Economics.What Bloomberg Economics Says…“We hold our view that the government’s forecast for growth of 6.0%-7.5% this year is out of reach, and expect an expansion closer to 5.5%.”Tamara Mast Henderson, Asean economistClick here to read the full notePolicy StanceThe central bank is likely to flag some downside risks and signal that it continues to have space for further accommodative policy, according to OCBC’s Wiranto.“Going forward, monetary policy should be on an easing bias as uncertainty continues to cloud the economic outlook,” the Asean+3 Macroeconomic Research Office wrote Tuesday.
The index was little changedNasdaq 100 futures fell 0.2% after the gauge fell 0.3%Japan’s Topix Index rose 1.9%South Korea’s Kospi added 0.4%Australia’s S&P/ASX 200 Index fell 0.4%Hong Kong’s Hang Seng Index was flat China’s CSI 300 Index lost 1.4%Euro Stoxx 50 futures were little changedCurrenciesThe Bloomberg Dollar Spot Index rose 0.1%The Japanese yen was at 109.35 per dollar, down 0.1%The offshore yuan was at 6.4822 per dollar, up 0.1%The euro was little changed at $1.1999BondsThe yield on 10-year Treasuries rose more than one basis point to 1.58%Australia’s 10-year yield slipped four basis points to 1.70%CommoditiesWest Texas Intermediate crude rose 0.2% to $65.78 a barrelGold was at $1,789.79 an ounce, up 0.2%For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.