ECB Confirms Gold Dethroned the Euro as the Second Reserve Asset
A recent report by the ECB confirms that gold, following a significant rally in 2024, has become the second-largest asset held by central banks as a reserve. However, the U.S.…
Latam Insights Encore: The TACO Realization Destroys Trump’s Tariff Threat Credibility
Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and crypto news from the past week. This edition explores how Latam is changing its position…
ECB Slashes Rates Again—While the Fed Stands Frozen
The European Central Bank (ECB) trimmed its key interest rate by 25 basis points on Thursday, June 5, 2025, reducing the deposit rate from 2.25% to 2.0%. In contrast, the…
Bitcoin’s Moonshot: Fundstrat’s Tom Lee Sees $1M–$1.5M Target in Play
Tom Lee, co-founder, managing partner, and head of research at Fundstrat Global Advisors, anticipates a bright trajectory for bitcoin as adoption continues to widen. Speaking recently on stage at the…
Markets Slide as Trump Targets EU and iPhones With Tariffs
President Donald Trump’s latest tariff proposal has thrown financial markets into a tailspin, sparking a sharp slide in major U.S. stock indexes. EU Retaliation Looms as Trump Issues Tariff Ultimatum…
China Reduces US Treasury Holdings Amid Trade War Escalation
The U.S. Department of the Treasury revealed that China reduced its exposure to U.S. debt in March, selling close to $19 billion in Treasuries. This reduction was recorded in March…
Trump’s ‘Big, Beautiful Bill’ Could Push Millions to Crypto
If Trump’s bill is passed as it stands, it would introduce a 5% tax on remittances affecting over 40 million people. Analysts warn that this could spur the use of…
Bond Vigilantes Return: Rising Yields Fuel Recession Fears
Rising U.S. Treasury bond yields are fueling fears of tighter financial conditions, and potential recession risks as global markets grapple with heightened volatility. Flight to Safety or Prelude to Panic?…
Gold Slips as US-China Trade War Thaws; Bitcoin Holds Steady
On May 12, gold prices fell by over $100 (approximately 3%), dropping from $3,323 to just under $3,215 per ounce, while bitcoin remained stable, trading above $104,000. Trade War De-Escalation…
ASEAN, China, Japan, and South Korea Stand Against Trump’s Protectionism
ASEAN, the Association of Southeast Asian Nations, along with China, Japan, and South Korea, criticized the escalation of protectionism in a joint statement. The group called for enhanced regional unity…