As every Sunday, the most important news from the past week, as well as the dates for the coming week.
Also as a video:
https://youtube.com/shorts/mmMct8X3UFs?si=bgblnz80-UE5ezAw
Tuesday:
A new law to regulate so-called stablecoins is to be passed in the USA. The law could enable large online retailers such as $AMZN (+0,19%) Amazon could save billions in credit card fees. The value of stablecoins is pegged to the US dollar and therefore fulfill the important function of storing value. Risks exist in the coverage by US government bonds, for example.
Wednesday:
Despite Trump's constant demands, the Fed has not lowered key interest rates in the US.
https://www.faz.net/aktuell/finanzen/us-notenbank-fed-widersetzt-sich-donald-trump-110546137.html
Thursday:
The BoE also refrained from cutting interest rates. In contrast, the Swiss central bank lowered its key interest rate further to 0%.
https://finanzmarktwelt.de/bank-of-england-verkuendet-aktuell-zinsentscheidung-353077/?amp
Sunday:
The US ended Iran's nuclear program with a direct attack.
These are the most important dates in the coming week:
Tuesday: 16:00 Consumer Confidence (USA)
Thursday: 08:00 Consumer Confidence (DE)
Friday: 01:30 Inflation data (Japan)
#verbrauchervertrauen
#usa
#israel
#iran
#kanzlermerz
#termine
#inflation
#japan
