Bitcoin ETF Options Trading Begins: A New Era for Crypto
The cryptocurrency market is entering an exciting new phase as options trading on BlackRock’s iShares Bitcoin Trust (IBIT) officially begins today on Nasdaq. Following closely, options for the Bitwise Bitcoin ETF (BITB) will launch on Wednesday, according to Bitwise Invest...
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Euro Area and EU Trade Surpluses Show Strong Growth in September 2024
In September 2024, the Euro Area recorded a notable increase in its trade surplus, which expanded to €12.5 billion, up from €9.8 billion in the same month of 2023. This positive trend exceeded market expectations, which had anticipated a surplus...
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BlackRock in Abu Dhabi: A Strategic Move Toward AI
BlackRock, the multinational investment management firm renowned for its pioneering financial products, has secured a commercial license to operate in Abu Dhabi, the capital of the United Arab Emirates. This approval, granted on November 18, 2024, is a significant step...
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Japan’s Machinery Orders Decline for Third Consecutive Month
Japan’s core machinery orders saw a continued decline in September 2024, signaling potential weaknesses in the country’s industrial sector. The orders, which exclude those for ships and electric power companies, dropped by 0.7% month-on-month to 852 billion yen, marking the...
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US Retail Sales Climb in October 2024: A Mixed Performance Across Sectors
In October 2024, U.S. retail sales rose by 0.4% month-over-month, surpassing market forecasts of 0.3%. This marks a steady, albeit slower, growth compared to September’s upwardly revised 0.8% increase. Gains were driven by strong performances in electronics and appliance stores...
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