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Testing the Fed's resolve

Testing the Fed's resolve

Crypto exchange Binance makes $200m investment in Forbes

  • Asian stocks were steady, while U.S. equity futures dipped, as traders awaited inflation data that may shape views on how aggressively the Federal Reserve will tighten monetary policy
  • #Binance, the #cryptocurrency exchange, is making a $200m investment in Forbes less than two years after it sued the company for defamation
  • Currency market moves were small on expectations that the European Central Bank would be slower to hike, as policymakers have been less concerned about inflation
  • #BTCUSD rose 0.7%
  • #WTIUSD fell 0.4%


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