Reserve Bank of Australia Cuts Interest Rate
The Reserve Bank of Australia (RBA) cut its cash rate by 25 basis points to 3.85% during its May 2025 meeting, marking the first rate cut since January and bringing borrowing costs to their lowest level in two years. The...
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People’s Bank of China Cuts Interest Rates to Historic Lows
In line with market expectations, the People’s Bank of China (PBoC) cut its key lending rates in May 2025—the first rate reduction since October of the previous year. This move is part of a broader monetary easing campaign by Beijing...
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China’s Industrial Production Grows 6.1% in April 2025
China’s industrial production rose by 6.1% year-over-year in April 2025, surpassing market expectations of 5.5%. However, this marks a slowdown from the 7.7% growth in March, which had been the strongest figure since June 2021. Growth across all major sectors...
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Sharp Decline in US Building Permits – April 2025
Preliminary data shows that the number of building permits in the U.S. dropped by 4.7% in April 2025 to an annualized rate of 1.412 million units. This is the lowest level in 11 months and below market expectations of 1.45...
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Jim Chanos: Shorting MicroStrategy, Buying Bitcoin
Famed investor and Chanos & Co. founder Jim Chanos has revealed a bold long/short trading strategy:🔻 Shorting MicroStrategy stock (MSTR)🔺 Going long on Bitcoin Speaking with CNBC at the Sohn Investment Conference in New York, Chanos criticized companies like MicroStrategy...
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