Following a slight decrease in the june consumer price index (CPI), investors anticipate a low probability of a federal reserve interest rate hike later this month.
Deposit interest rates are forecast to remain above 7% for 6-12 month terms, while bond yields fluctuate between 8-9%, making it difficult for lending rates to decrease in the second half of the year.
A series of banks increased capital mobilization via bond issuance in the latter half of June, with some tranches offering interest rates as high as 9,7%, the highest in many years.
An ounce of gold currently sits around 4,150 USD, marking its third consecutive weekly decline, primarily driven by the prospect of a fed interest rate hike.
From institutional "whales" to individual retail traders, investors have collectively purchased a net nearly 260,000 Bitcoin following a sharp decline in the world's largest cryptocurrency.
On 16/6, the Bank of Japan (BOJ) raised its short-term policy rate from 0,75% to 1%, marking the first time the rate has reached this level in 31 years.
The European Central Bank (ECB) raises interest rates for the first time since 2023, also becoming the first major central bank to do so since the start of the Middle East conflict.