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Optimism over crypto sours as BTC, ETH plummet amid stock market slump
The reversal in sentiment follows an uptick in crypto’s outlook after BTC EFTs hit the market
Aramco to release earnings today as global sell-off shakes equity markets
PLUS: Saudi equestrians Ramzy Al Duhami + Abdulrahman Al Rajhi in the individual jumping final today
Investors are piling into Turkish assets as the country’s reform program bears tentative fruit
TRY-denominated bonds have risen 6.3% since March’s rate hike — far outstripping the average 1.1% increase across similar emerging markets
The Nasdaq is in correction territory. Warren Buffett is shifting to cash. Investors fret about AI. Things are getting interesting on Planet Finance.
The Nasdaq is down more than 10% since its July high and Berkshire Hathaway is slashing its equities positions
It’s a big day for capital markets with two interest rate decisions and a ton of earnings reports looming
Plus: Egypt expects to receive USD 820 mn tranche from its USD 8 bn IMF loan in the “coming days”
Fed seen leaving rates on hold as two-day meeting gets underway today
Plus: Is China targeting comp for fund managers and bankers?
Ins. industry braces for a torrent of claims after CrowdStrike goof
Some say it was too early to determine an estimate for the economic damage
The bad habits of NBFIs are a growing threat to the global financial system, watchdog warns
NBFIs including hedge funds and finance companies control about half of the assets under management in the global financial system
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