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Is Powell's Speech Tonight Shaking Up Rate Cut Expectations?
Is Powell's Speech Tonight Shaking Up Rate Cut Expectations?

This downward movement is a pricing of short-term uncertainty.

BlockBeats·2025/08/22 09:00
3 Altcoins To Watch This Weekend | August 23 – 24
3 Altcoins To Watch This Weekend | August 23 – 24

The crypto market has turned choppy, but three projects stand out with bullish setups that could define weekend trading. While most categories bleed, these altcoins to watch are gaining traction through whale activity, momentum shifts, and strong fundamentals.

BeInCrypto·2025/08/22 09:00
Bond investors expect Powell to tee up September rate cut in Friday speech
Bond investors expect Powell to tee up September rate cut in Friday speech

Share link:In this post: Powell is expected to hint at a September rate cut during his Friday speech in Jackson Hole. Traders are pricing in a 70% chance of a 0.25% cut and 50bps total easing in 2025. Trump is pressuring the Fed, but Powell may avoid firm commitments before new data.

Cryptopolitan·2025/08/22 08:00
UK business activity reached its fastest pace in a year
UK business activity reached its fastest pace in a year

Share link:In this post: UK business activity reached its fastest pace in a year in August, led by growth in services. Government borrowing in July was £1.1bn, lower than the OBR’s £2.1bn forecast, helped by higher tax receipts. Hiring stayed weak despite stronger activity, with employment falling for the eleventh straight month.

Cryptopolitan·2025/08/22 08:00
UK consumers grow more optimistic following BoE rate cut
UK consumers grow more optimistic following BoE rate cut

Share link:In this post: UK consumers increase their confidence in household budgets after the Bank of England rate cuts. Consumer confidence hit its highest level in months, surprising experts. Rich families spend more, but poor families still struggle with high prices.

Cryptopolitan·2025/08/22 08:00
Crypto handheld buyers hit with sudden import charges
Crypto handheld buyers hit with sudden import charges

Share link:In this post: Crypto handheld buyers in the U.S. are being hit with unexpected import duties, sometimes as high as $348. The manufacturer has paused shipments of its $599 gaming device while it investigates varying fees and complaints from early customers. Buyers are frustrated over the lack of upfront cost clarity, with some calling the extra charges misleading and asking for refunds.

Cryptopolitan·2025/08/22 08:00
Microsoft AI boss warns that conscious AI could be dangerous
Microsoft AI boss warns that conscious AI could be dangerous

Share link:In this post: Mustafa Suleyman, Microsoft AI CEO, warned that the idea of conscious AI is dangerous and could harm psychologically vulnerable individuals. Suleyman believes that offering moral consideration for advanced AI systems creates dependence-related issues and exacerbates delusions. A team of AI researchers recently published a report claiming that AI consciousness could matter socially, morally, and politically in the coming decades.

Cryptopolitan·2025/08/22 08:00
Flash
11:08
Asian low-sulfur fuel oil premium softens from highs as new cargo arrivals pressure near-term structure
Asia's ultra-low sulfur fuel oil spot premiums retreated on Friday, with both cargo and bunker fuel premiums softening. Market sources said expectations of fresh supply arriving soon have eased previous tightness, and spot quotes showed marginal downward signs in the second half of July.The near-month contract price spread tightened to a shallower spot premium. Although the Singapore-delivered bunker fuel premium pulled back after surging from the previous week, it remains high at around $100/ton, indicating spot liquidity has not fully loosened.The 380-cst high sulfur fuel oil, after consecutive recent declines, stabilized. The prompt monthly spread structure strengthened slightly but remains in a futures premium state. The fundamental divergence between high and low sulfur grades remains significant.The crack spread performance diverged: VLSFO crack spread eased slightly, declining to a premium of $12.55/barrel, while the 380-cst HSFO crack spread rebounded to nearly -$6.25/barrel.ARA hub inventory data show fuel oil stocks fell 0.4% week-on-week to 751,000 tons. Low inventory continues to support bottom prices, but short-term market focus is on the pace of new cargo arrivals and the spillover impact of US-Iran negotiation progress on energy sentiment.
11:08
Reuters Survey: CAD Expected to Appreciate 1.3% in Next 3 Months
On July 3, a Reuters survey indicated that the Canadian dollar (CAD) is expected to appreciate by 1.3% over the next three months, with the exchange rate rising to 1 USD to 1.40 CAD (compared to the June survey's expectation of 1 USD to 1.37 CAD). It is also anticipated that the CAD will appreciate by 4.3% over the next 12 months, with the exchange rate reaching 1 USD to 1.36 CAD (up from the June survey's expectation of 1 USD to 1.34 CAD).
11:05
Justin Sun announces that TRON's quantum-resistant signature feature has launched on the testnet
Justin Sun announced that TRON's quantum-resistant signature feature has been launched on the testnet. (Cointelegraph)
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