Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore

News

Stay up to date on the latest crypto trends with our expert, in-depth coverage.

banner
Flash
05:10
Loose monetary policy combined with high yields positions India's bond market as a "safe haven" among emerging markets.
(1) Since India announced on June 5 the removal of bond investment taxes for foreign investors and relaxed ownership restrictions, while also launching a series of measures to help stabilize the rupee exchange rate, global capital has been pouring into Indian government bonds. Following the reform, the overseas inflow into bonds meeting index inclusion criteria increased by 322.8 billion rupees (approximately $3.4 billion). However, part of this growth is also due to the addition of more bonds in this category. (2) Institutions such as Pictet Asset Management and Neuberger Berman are seeking to increase their exposure, and M&G Investments has also turned more optimistic after these measures were introduced. The head of Asian fixed income at M&G in Singapore stated that the differentiation between India and other emerging bond markets has become more evident; the latter's policy flexibility and credibility are more constrained. (3) Deloitte India stated that the tax incentives could boost foreign investor returns by 15%–20%. The Reserve Bank of India provides hedging cost subsidies for non-resident deposits and corporate external borrowings; these measures have helped the rupee rebound 2.5% from its historic low. Some investors said that while the medium and long-term outlook is positive, tensions in the Middle East currently remain an obstacle, though buying opportunities may arise in the coming months.
05:07
Hawkish remarks by Waller spark rate hike expectations, causing copper prices to fall more than 1%
Golden Ten Data reported on June 18 that remarks made by Federal Reserve Chair Walsh at his first press conference sparked market speculation about interest rate hikes. Subsequently, LME copper prices fell by more than 1%, erasing the gains from the previous week. Walsh repeatedly emphasized the Federal Reserve’s firm commitment to fighting inflation, leading futures traders to increase their bets on a possible rate hike as early as next month. For the metals market, this shift suppressed the earlier bullish sentiment seen this week—previously, the agreement between the United States and Iran to sign a temporary peace deal had boosted market risk appetite. The market believes that if the Federal Reserve adopts a more hawkish stance, it could dampen global economic growth and metals demand.
04:56
Jeffrey Gundlach: Federal Reserve Chairman Kevin Warsh holds a hawkish stance, reducing the likelihood of significant rate cuts
DoubleLine Capital CEO Jeffrey Gundlach stated on CNBC that Federal Reserve Chair Kevin Warsh released a hawkish signal, emphasizing the price stability objective, which reduces the risk of the Federal Reserve implementing excessively loose policies and lowers the likelihood of significant rate cuts.
News