Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore

News

Stay up to date on the latest crypto trends with our expert, in-depth coverage.

banner
Flash
08:47
The UK Coal Staff Superannuation Scheme has officially appointed BlackRock as the investment manager for its pension plan, which is valued at £8 billion.
This major decision marks a pivotal step in the asset allocation and management strategy of the pension plan, aiming to leverage the investment expertise of professional institutions to seek long-term and stable returns for plan members.
08:46
Market Analysis: Oil Prices Expected to Remain the Main Factor Influencing the Market
```htmlGolden Ten Data reported on July 1 that Simon Ballard, an analyst at First Abu Dhabi Bank, stated in a report that as the new quarter begins, oil price trends will continue to be a key factor driving equities, currencies, and the fixed income market. The analyst noted that market sentiment has clearly been boosted by expected progress in US-Iran peace negotiations and the recovery of shipping traffic in the Strait of Hormuz, but it is also highly susceptible to further developments of these factors. The recent drop in oil prices has alleviated global inflation pressures and driven the rise of European and some Asian stock markets. However, Ballard pointed out that First Abu Dhabi Bank expects central banks to remain inclined to raise interest rates, while Gulf Arab markets will face a decrease in crude oil revenues. He emphasized that this is by no means a time to take things lightly.```
08:44
Wunsch: If there are no significant second-round effects, one rate hike may be sufficient.
European Central Bank Governing Council member Wunsch stated that if there are no significant second-round effects, a single rate hike may be sufficient.
News