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š„LATESTš„
š„China ELIMINATES 125% tariff on US ethane imports
-Ethane is a gas used as fuel, in the manufacture of chemicals, or as a refrigerant.
šŖTRADE AGREEMENTS are positive because they indicate greater future GROWTH.
š„ATTENTIONš„
š„Interest rate cuts and economic stimulus are what both the European Central Bank and the People's Bank of China are doing.
Are these the steps the US is taking? Will this be what will lead us to new all-time highs?
First, let's understand what they are doing.
šBoth the ECB and the Bank of China are doing this to combat economic stagnation.
āŖļøGetting down to business, both China and Europe stated that due to the trade war, they would have to increase their economic stimulus.
āŖļøThese stimuli focus on incentivizing consumers with interest rate cuts, which decreases credit and money.
āŖļøFurthermore, both China and Europe are experiencing a drop in inflation, allowing them to stimulate the economy without major concerns.
#BCE #china #economy #EEUU #Europe $USDC
š„China ELIMINATES 125% tariff on US ethane imports
-Ethane is a gas used as fuel, in the manufacture of chemicals, or as a refrigerant.
šŖTRADE AGREEMENTS are positive because they indicate greater future GROWTH.
š„ATTENTIONš„
š„Interest rate cuts and economic stimulus are what both the European Central Bank and the People's Bank of China are doing.
Are these the steps the US is taking? Will this be what will lead us to new all-time highs?
First, let's understand what they are doing.
šBoth the ECB and the Bank of China are doing this to combat economic stagnation.
āŖļøGetting down to business, both China and Europe stated that due to the trade war, they would have to increase their economic stimulus.
āŖļøThese stimuli focus on incentivizing consumers with interest rate cuts, which decreases credit and money.
āŖļøFurthermore, both China and Europe are experiencing a drop in inflation, allowing them to stimulate the economy without major concerns.
#BCE #china #economy #EEUU #Europe $USDC
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#TrumpCryptoOrder
šØFLASH: #BCE pushes for digital euro against Trump's crypto strategy! šŖšŗš¶
āEurozone banks need a digital euro to counter Donald Trump's push for stablecoins,ā says ECB.
Europe responds to US crypto offensive. š„š
šØFLASH: #BCE pushes for digital euro against Trump's crypto strategy! šŖšŗš¶
āEurozone banks need a digital euro to counter Donald Trump's push for stablecoins,ā says ECB.
Europe responds to US crypto offensive. š„š
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Bitcoin banned: Lagarde closes the door on the ECB's crypto reserves
The European Central Bank (ECB) reiterates its stance against Bitcoin. In a recent conference, Christine Lagarde, president of the ECB, firmly rejected the idea of including Bitcoin in the bank's reserves, stating that it "does not meet the requirements for safety, liquidity, and reliability."
This statement comes after Ales Michl, governor of the Czech National Bank, proposed allocating up to 5% of its reserves in Bitcoin. Lagarde's response was emphatic: "Central banks must be guardians of stability, not volatility."
This statement comes after Ales Michl, governor of the Czech National Bank, proposed allocating up to 5% of its reserves in Bitcoin. Lagarde's response was emphatic: "Central banks must be guardians of stability, not volatility."
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"ECB: Digital Euro Project Enters Crucial New Testing Phase"
The ECB is moving forward with the digital euro project, on schedule. After an initial survey in 2021, a preparation phase was launched in October 2023 and will continue until 2025. This new stage includes tests conducted by 48 financial institutions, both private and public, to explore various use cases for the digital euro. These tests, which will take place from July to November 2024, will focus on the interoperability of transactions. The aim is to prepare for the launch of the digital euro, scheduled for 2025, although questions remain, in particular on offline access and the providers to be selected.
#bce #MarketDownturn #Binance $EUR $BNB $USDC
The ECB is moving forward with the digital euro project, on schedule. After an initial survey in 2021, a preparation phase was launched in October 2023 and will continue until 2025. This new stage includes tests conducted by 48 financial institutions, both private and public, to explore various use cases for the digital euro. These tests, which will take place from July to November 2024, will focus on the interoperability of transactions. The aim is to prepare for the launch of the digital euro, scheduled for 2025, although questions remain, in particular on offline access and the providers to be selected.
#bce #MarketDownturn #Binance $EUR $BNB $USDC
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