According to reports, the Israeli military conducted an airstrike on a residential area in the Zaitun district, south of Gaza City in the northern Gaza Strip that day, killing at least 15 people.
According to Ukrainian newspaper Pravda: UAE banks have restricted business transactions with Russia and started closing accounts of Russian customers.
According to Jerusalem Post: On Friday morning, a suspected shooting occurred on Highway 40 near Bnei Reem in southern Israel, seriously injuring three people.
According to Russian Satellite News Agency: Russian President Vladimir Putin completed a flight on the Tu-160M supersonic strategic bomber, a flight lasting 30 minutes.
Trump acknowledged Bitcoin's popularity but remained loyal to the US dollar, suggesting the need for regulatory scrutiny amid ongoing debates about the future of finance.
S&P Global: The decline in economic activity and new business in the French services sector was the slowest since the first half of 2023; Growth expectations increased to a 7-month high
Bank of Japan Review Member Junko Nakagawa: We recognize that small and medium-sized companies are better able to achieve higher prices for their goods.
Reuters poll: 86 out of 104 economists said the Fed would cut interest rates in the second quarter, 53 said it would be in June and 33 said it would be in May.
Bank of Japan Governor Kazuo Ueda: The basic view is that the global economy, especially the US, will have a soft landing, broadly in line with our January forecast.
ANZ: It is expected that core CPI inflation in the US in January will increase 0.2% over the previous month and overall CPI inflation will increase 0.1% over the previous month
@la_estr3lla817
It is recommended not to overanalyze the Bank of Canada's hesitation to discuss interest rate cuts. It is important to wait for official statements before making assumptions.
@reynado6
The central bank is worried about potential risks in the future. Bank of Montreal predicts that Bank of Canada will start reducing interest rates in June. This opinion remains unchanged despite the recent statement from the central bank.
@UNiqUELiLBAE
Bank of Canada is less dovish than expected, but still likely to cut interest rates in June as predicted by Bank of Montreal analyst Benjamin Reitzes. The current interest rate policy is maintained at 5%.
@martell454
South Korean authorities are considering approving bitcoin spot exchange-traded funds. Lee Bok-hyun, head of South Korea's financial regulator, mentioned this possibility on Tuesday. It's a step towards mainstream acceptance of cryptocurrency in the country.
It is said that the Williamson Tunnels were developed to create employment, though others suggest that perhaps philanthropist Joseph Williamson had other uses in mind.
@Panda1945SKOY
Chairman Powell is correct in stating that compensation incentives were not the main cause of bank failures in Silicon Valley. Other factors such as risky investments and lack of proper risk management played a bigger role in the downfall of these financial institutions.
@Seaporter
The potential for a rise in interest rates in March is growing, with the US and Japan targeting the 100-day moving average near 147.7. However, sustaining larger declines in both countries may prove challenging.
@doribellgonzal1
I agree with Fed Chairman Powell that executives of failing banks should not profit from their mistakes. It is important for accountability and to prevent moral hazard in the banking industry. Executives should be held responsible for their actions and not rewarded for
@UNiqUELiLBAE
Chairman Powell's statement highlights the challenges facing banks heavily invested in commercial real estate. These institutions will need to navigate potential losses as the economy continues to be impacted by the ongoing pandemic.