Euro softens below 1.1600 as markets price in Fed rate hike

The EUR/USD pair declines to near 1.1585 during the early Asian session on Monday. The pair extends the decline amid aggressive Federal Reserve (Fed) rate-hike bets following hotter US inflation reports. Traders brace for the Fed interest rate decision later on Wednesday.  The US Consumer Price Index (CPI) accelerated in August, reinforcing expectations that the US central bank will raise interest rates next week. Data released by the Bureau of Labor Statistics on Friday showed that the US CPI rose 0.4% MoM in August, putting the 12-month increase at 3.4%. Both readings came in line with market expectations.  Meanwhile, the core CPI, which excludes volatile food and energy prices, increased by 0.3% on a monthly basis, versus 0.2% prior, beating the forecast of 0.2%.  Financial markets have priced in nearly a 91% probability of a quarter-point rate hike at the Feds September meeting, up from 72% before the US PPI data, according to the CME FedWatch tool.  “There‘s no guarantee that the Fed will hike next week, but it’s hard to see how the central bank can justify leaving rates on hold,” said Chris Zaccarelli, chief investment officer for Northlight Asset Management.  Discover more  Finance  NEWS  Brokerages a daily close below this cluster would expose the pair to

09-14Industry

India launches tokenized bond pilot with $107M issued

Indias securities regulator and central bank have launched a tokenized corporate bond pilot, with three companies issuing a combined 10.25 billion rupees (about $107 million) through the new market infrastructure.  On Thursday, the Securities and Exchange Board of India (SEBI) said Demat 2.0 allows corporate bonds to be issued and held as digital tokens on a distributed ledger owned by the country‘s statutory depositories. The system connects to the Reserve Bank of India’s (RBI) wholesale central bank digital currency (CBDC) through its Unified Market Interface.  The first issuance came from public-sector lender REC, which raised 5 billion rupees from 18 investors on Monday. Engineering conglomerate Larsen & Toubro (L&T) raised another 5 billion rupees from four investors on Wednesday, while non-bank lender IIFL issued 250 million rupees in bonds to one investor on the same day.  SEBI said the infrastructure allows issuers to receive funds on the day of bidding instead of two to three days later. The regulator said atomic settlement removes the delay between the movement of money and bonds, while smart contracts can automate interest and redemption payments.  Pilot expands beyond initial REC plan  In August, Reuters reported that India planned to test tokenized corporate bonds through an REC issuance of less

09-14Industry

The Oil Escape Route Went Dark, and Markets Are Feeling It

According to a myriad of reports, a drone strike reportedly launched from Iraq paralyzed Saudi Arabias East-West Pipeline, also known as Petroline. Between the pipeline and the Strait of Hormuz disruption, Brent crude oil prices jumped 3% to $109 a barrel.  Key TakeawaysSaudi Arabias Petroline going offline helped send Brent 3% higher to $109, putting a critical oil route under pressure.Bitcoins price fell 0.8% to $76,611 as the Petroline mess gave already-jittery global markets another headache.CME has Wednesday‘s rate hike odds at 86.2%, while Petroline’s repair timeline could make inflation worse.  Petroline Strike Sends Oil to $109 as Global Markets Flinch  Earlier this week, drones crossing into Saudi Arabia from Iraqi airspace to strike pumping stations caused a great deal of alarm. Statistics show the Petroline funnels around four million barrels of oil every single day.  Additionally, this specific route was Riyadh‘s mandatory bypass to keep crude flowing during the U.S.-Israeli war. Since the strike, Brent skyrocketed to $109 a barrel, while West Texas Intermediate crude jumped to $102.80. The market doesn’t like the implications of this matter one bit, and U.S. stock futures are lower on the news.  The Dow shed about −0.3%, S Hong Kong futures are roughly flat to slightly up. Meanwhile,

09-14Industry

Australian Dollar declines to near 0.7150 as hot US inflation data boost case for Fed rate hike

The AUD/USD pair edges lower to around 0.7160 during the early Asian session on Monday. Stronger-than-expected US inflation reports provide some support to the US Dollar (USD) against the Australian Dollar (AUD). All eyes will be on the US Federal Reserve (Fed) interest rate decision on Wednesday.  The US Consumer Price Index (CPI) rose 0.4% MoM in August, putting the 12-month increase at 3.4%, the Bureau of Labor Statistics reported Friday. Both readings were in line with the Dow Jones consensus.  The core CPI, which excludes volatile food and energy prices, increased by 0.3% on a monthly basis, compared to the market consensus of 0.2%, and 2.4% on a yearly basis, down slightly from 2.5% in July.  The CPI inflation data followed strong readings in several components of the Producer Price Index (PPI) released on Thursday, raising the specter of a Fed interest rate hike next week and supporting the Greenback.  Financial markets initially priced in an 86.2% odds of a quarter-point rate hike at the Fed‘s September meeting, up from 72% before the CPI data, according to CME’s FedWatch tool.  Discover more  News  Merchant Services & Payment Systems  Digital Currencies  A hawkish tone from the Reserve Bank of Australia (RBA) might help limit the Aussies losses. RBA Assistant

09-14Industry

Bitcoin Faces 87% Fed Hike Odds Wednesday: Will Treasury Save the Rally?

Bitcoin trades near $77,250 three days before the Federal Reserve decides on interest rates, with futures markets pricing an 86.5% chance of a quarter-point hike on Wednesday.  Custodia Bank CEO Caitlin Long argues the bigger shift sits elsewhere. She says the Treasury Department, not the Fed, now sets the terms for digital dollars.  Rate Hike/Cut Probabilities. Source: CME FedWatch ToolThe Fed Still Owns the Next Three Days  Chair Kevin Warsh delivers the decision on September 16, nearly four months after being sworn in. Prediction markets aggregated across Kalshi and Polymarket price the same hike above 80%.  Fridays inflation report did most of the damage. Consumer prices rose 0.4% in August after a 0.1% gain in July, lifting the annual rate to 3.4%.  Discover more  Trade Crypto Assets  Finance  Compare Credit Cards  The committee already looks split. It held rates at 3.50% to 3.75% in July, but three officials dissented and wanted an increase then.  Bitcoin has already surrendered part of its recent run. Fed hike odds sat at 50/50 on September 4, when BeInCrypto reported BTC climbing toward $82,000.  Those odds have risen steadily since. BTC now trades several thousand dollars lower and was roughly flat over the past 24 hours.  Bitcoin (BTC) Price Performance. Source: BeInCryptoTreasury Has Already Moved These Markets

09-14Industry

Iran says commercial vessel struck in Strait of Hormuz

Iranian state media claimed an Iranian commercial vessel was struck in the Strait of Hormuz on Saturday, killing one person, amid an ongoing conflicts between the United States (US) and Iran for control over the crucial energy chokepoint, CNN reported.  Separately, the United Kingdom Maritime Trade Operations Centre (UKMTO) said another vessel was hit by an unknown projectile in the strait late on Saturday.  Meanwhile, Saudi Arabia has faced escalating attacks from Iran-allied groups, including a Houthi strike on energy facilities in their efforts to control a second vital waterway in the region, which could put further pressure on global oil prices.  Discover more  Track Market Trends  Trade Crypto Assets  Choose POS Systems  Risk sentiment FAQs  In the world of financial jargon the two widely used terms “risk-on” and “risk off” refer to the level of risk that investors are willing to stomach during the period referenced. In a “risk-on” market, investors are optimistic about the future and more willing to buy risky assets. In a “risk-off” market investors start to ‘play it safe’ because they are worried about the future, and therefore buy less risky assets that are more certain of bringing a return, even if it is relatively modest.  Typically, during periods of “risk-on”, stock markets will

09-14Industry

Caroline Ellison's New Charity Job Comes With an Awkward FTX Link

Key TakeawaysAccording to the charitys co-founder, Manifund hired Caroline Ellison on Aug. 10 after she spent weeks working publicly as “Carol.”Ellison served 14 months in confinement before landing her first public post-FTX job.Manifunds Sept. 11 reveal has reopened the FTX-era debate over redemption and second chances.  Caroline Ellison Became ‘Carol’  The girl who had a relationship with Sam Bankman-Fried and testified against the former FTX boss is now working for a charity dedicated to effective-altruism. The news was first brought to light by Manifund co-founder and CEO Austin Chen, who hired Ellison and emphasized that he believes in second chances and “redemption.”  Chen further explained that, due to the fact that Manifund (formally Manifold for Charity Inc.) was committed to transparency, he felt that people should know she had already been working under the pseudonym “Carol.”  “In fact, she started a work trial on July 13, which converted to a fulltime role on Aug 10. Over the past two months, she‘s been publishing her work and supporting Manifund users under the pseudonym ’Carol,‘” the Manifund co-founder wrote. He said he was inspired by some of her writings and also noted that it was FTX’s “money and spirit” that helped bolster the Future Fund.  Discover more  Currencies

09-14Industry

Anthropic, OpenAI, and Google weigh a shared AI standards body

Anthropic, OpenAI, and Google have talked about forming a collaborative industry standards body, according to a report by The Information. This would give the largest frontier laboratories an opportunity to lay down the safety standards against which their own models will be evaluated.  For companies evaluating whether to utilize frontier models for sensitive tasks or not, the introduction of common standards would increase their certainty about adoption. But this same framework might empower the largest players. The OECD has previously warned that high fixed expenses, lack of computing resources, and concentrated infrastructure already make it difficult for companies to enter the AI market. Compliance costs might add yet another hurdle that smaller laboratories have to face.  The proposals already on the table  On July 14, Demis Hassabis, the head of Google DeepMind, suggested an initiative for a U.S.-based Frontier AI Standards Body, inspired by the Financial Industry Regulatory Authority (FINRA).  In his proposal, frontier labs would voluntarily submit their advanced technologies for assessment, with an evaluation period of 30 days before their release. The evaluators would assess the safety of the technologies to make sure they do not present any risks, such as cybersecurity, biological threats, or manipulation.  Discover more  Brokerages & Day Trading  FINANCE  Merchant Services &

09-14Industry

Thailand SEC Eyes $151K Daily Stablecoin Cap

Thailands Securities and Exchange Commission has opened consultations on new stablecoin regulations, proposing a daily transfer cap of roughly $151,000 per person as part of an effort to tighten oversight of digital-asset payments. The proposal aims to ensure that deposits and withdrawals occur only through verified accounts, reducing the financial risks associated with money laundering and cybercrime.  The proposal  Under the proposed rules, each person would face a one-way transfer limit of about $151,000 per day. The cap is designed to mitigate the risks tied to illicit activity while still allowing compliant firms and everyday users to move funds. The consultation is the latest sign that Thai regulators are looking to formalize guardrails around stablecoins as their use in payments grows, and it gives the market a clearer picture of how the country intends to supervise a rapidly expanding asset class.  Exemptions and scope  Transfers between regulated operators that comply with the Travel Rule would not be subject to the cap, an effort to balance regulatory oversight with operational flexibility for licensed institutions. That carve-out means institutional and compliant-to-compliant transfers could continue without hitting the daily limit, while retail and unverified flows face tighter scrutiny. The Travel Rule requires financial institutions to share information

09-14Industry

CCE.Cash—Exchange Ecosystem Continues to Expand

As an integrated deposit-based provider, CCE.Cash now contributes to Rubic‘s expanding range of cross-chain routes. Rubic’s routing engine evaluates these structurally different routes and makes their trade-offs visible to users, rather than treating one model as the only valid option.  CCE.Cash‘s inclusion in Rubic’s provider mix reflects the growing demand for deposit-based exchanges, which handled roughly one in four cross-chain transactions through Rubics web app from January through August 2026.  Coinomi Partnership: Coming September 2026  CCE.Cash has reached a partnership agreement with Coinomi, one of the longest-running non-custodial wallets in the cryptocurrency space. The integration is expected to officially launch on the Coinomi wallet in September 2026.  Once live, millions of Coinomi users will be able to access CCE.Cashs exchange engine directly within the wallet interface—seamlessly swapping BTC, ETH, SOL, and hundreds of other tokens without leaving the wallet, registering, or undergoing KYC verification.  This launch will further solidify CCE.Cashs position in the non-custodial wallet ecosystem, following similar integrations with Unstoppable.  CypherGoat Pro: CCE.Cash as Founding Partner  Discover more  Open Trading Account  Finance  Compare Credit Cards  CCE.Cash has deepened its partnership with privacy-focused exchange aggregator CypherGoat by supporting its latest flagship product—CypherGoat Pro.  CypherGoat Pro Overview:  CypherGoat Pro is an invitation-only exchange terminal designed for large-volume transactions, specifically for high-net-worth individuals and institutional

09-14Industry
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