The MakerDAO mortgage system, administered by the Maker Foundation, hit its debt ceiling Wednesday with roughly $100 million value of the stablecoin DAI issued and greater than $339 million value of ethereum locked up as collateral. On Thursday, the Maker Foundation proposed a brand new debt ceiling of 120 million DAI, which can now be voted […]
The U.S. Treasury Department has simply issued an pressing letter requesting a carry on the debt ceiling, warning Congress of imminent monetary collision in September as federal money is operating out. Though this state of affairs has performed out many occasions earlier than, it takes on particular significance now in mild of president Trump’s current […]
The US authorities gained’t be shutting down on the finish of the month. A bipartisan deal that also must be ratified by Congress delays the difficulty till December 15. SOURCE: Futures feed – Read whole story here.
Stocks completed combined at the moment as Congress labored on a debt ceiling extension, the greenback and Treasury yields fell, and power shares rose for a sixth day. SOURCE: Stocks to Watch – Read whole story here.
September 7, 2017 by Gary Broad Equity Market Tone: Advance/Decline Line: Higher Sector Performance: Most Sectors Rising Market Leading Stocks: Performing In Line Volatility(VIX) 11.59 -5.23% Euro/Yen Carry Return Index 135.90 +.51% Emerging Markets Currency Volatility(VXY) 7.77 -.26% S&P 500 Implied Correlation 34.80 -Four.94% ISE Sentiment Index 126.zero +55.6% Total Put/Call .85 -27.35% North American […]
The US Dollar, Japanese Yen, shares and gold costs may even see sharp volatility if the US fails to succeed in an settlement to boost the federal debt restrict by late September. SOURCE: DailyFX – Forex Market News – Read whole story here.
The House gained’t mix debt ceiling laws to the aid package deal for Hurricane Harvey restoration slated to be voted on shortly after Congress returns from August recess, Bloomberg first reported. President Donald Trump has weighed calling on Congress to conjoin the 2, however GOP aides informed Bloomberg prime lawmakers plan on preserving the laws […]
New hopes that US president Donald Trump can transfer ahead with coverage helped engineer a big restoration in US equities yesterday with the US greenback additionally agency although merchants stay cautious of an upcoming budget ceiling showdown.SOURCE: Macro feed – Read whole story here.