China has a ‘trick up its sleeve’ to fight Trump’s tariff as Beijing keeps response muted for now, former IMF adviser says
“Watch to see how the yuan moves this week.” Read More
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LVMH reports muted sales amid hope that the luxury downturn might finally be ending
“Today, I’m not going to report record revenue, but it was nonetheless a robust year,” CEO Bernard Arnault said during the earnings call. Read More
Muted CPI gives markets best day since November
Traders work on the floor of the New York Stock Exchange on Jan. 15, 2025, in New York City. David Dee Delgado | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they … Read more
Bitcoin to remain in consolidation as fiat-to-stablecoin conversions stay muted, analysts warn
Stablecoin minting data shows a slowdown in fiat-to-crypto on-ramps, with the Federal Reserve’s hawkish shift likely impacting market activity, Matrixport warns. Bitcoin (BTC) is likely to stay in consolidation as long as fiat-to-stablecoin conversions remain muted, according to Singapore-based digital asset firm Matrixport. In a Jan. 14 research note, Matrixport noted that the latest 7-day … Read more
Asian stocks muted as odds of US interest rate cut fade
Asian stocks muted as odds of US interest rate cut fade