EUROPEAN SESSION Today it's Good Friday. Most markets are closed and liquidity in the FX market is thinner. We don't have anything on the agenda in the European session, so you can expect a rangebound price action unless there's some big developments on the US-Iran front. AMERICAN SESSION In the American session, the only highlight…

Singh faced legal action from the SEC, CFTC and US Department of Justice after FTX collapsed in November 2022 but avoided significant prison time by cooperating with authorities.

Prior +0.1% Core CPI +0.4% y/y Prior +0.4% Even with the surge in energy prices, the impact on Swiss price pressures is less profound that what we saw with the Eurozone. Even the monthly estimate was +0.2%, missing on expectations of +0.5%. As such, the jump in headline annual inflation was also less than expected.…

The market optimism from yesterday has been dashed after US president Trump's address here. There was some anticipation that he would hang the "mission accomplished" banner but it wasn't really that in the end. While he reaffirmed that Iran's military capacity has taken a heavy hit, he still says that it could take at least…

EUROPEAN SESSION In the European session, the only highlight is the Swiss CPI which is expected to rise to 0.5% vs 0.1% in the prior month. It goes without saying that the data isn't going to change anything for the SNB which remains in a hard neutral mode. The market is still pricing in 70%…

Block cut 4,000 of its staff in February as part of its AI-driven pivot. A new post by Block's Jack Dorsey has shed light on how the company and others might operate in the future.

“There’s a myth in mainstream media and social media that insider trading doesn’t apply in the prediction markets … That is wrong,” said CFTC enforcement director David Miller.

EUROPEAN SESSION In the European session, we don't have much on the agenda other than the final Manufacturing PMIs for the major Eurozone economies and the UK. The data isn't going to change anything at this point, so the market reaction will likely be muted. We are currently in a risk-on sentiment triggered…

A shallower Bitcoin trench than previous cycles "indicates a maturing market with reduced volatility and stronger institutional confidence," said Nick Ruck, director of LVRG Research.

Prior +0.9% HICP +1.9% vs +1.9% y/y expected Prior +1.1% The headline estimate is the highest since August 2024 as French inflation picks up amid higher energy prices as a result of the US-Iran conflict. The monthly reading shows that consumer prices were up 0.9%, the steepest jump since February 2024. The breakdown shows that…