Author: News Room

Bitcoin Triumphs Gold In Investor Portfolio Allocation: JPMorgan

Crypto

JPMorgan analysts have noted that allocation of Bitcoin (BTC) in investor portfolios has surpassed that of gold when adjusted for volatility. Specifically, Bitcoin’s allocation is 3.7 times greater than that of gold. Moreover, they pointed out a net inflow of $9 billion into Bitcoin ETFs since their inception, which offsets outflows from Grayscale. Bitcoin Achieves Milestone Against Gold JPMorgan’s declaration suggests a potential Bitcoin ETF market size of $62 billion if gold is used as a benchmark. Furthermore, February marked a notably optimistic period for the cryptocurrency market, with the total market capitalization soaring by nearly 40% month-over-month to $2.2…

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Mexican Peso sees late dip against US Dollar, end week positively amid Fed speculations

Forex

Mexican Peso sees modest losses as US inflation data tempers Fed easing expectations. Industrial Production in Mexico shows resilience, reinforcing views on potential Banxico rate adjustments. Deputy Governor Omar Mejia hints at upcoming rate cuts, with a focus on maintaining restrictive monetary policy. US Industrial Production recovery and shifts in consumer sentiment barely move the USD/MXN currency pair. The Mexican Peso depreciated against the US Dollar late on Friday’s session yet is still set to finish the week on a higher note, with gains of 0.50%. Today’s main driver is traders repricing a less dovish Federal Reserve (Fed) following the…

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When Gangs Call All the Shots

News

Taking the government to ransom by a band of marauding criminal gangs is an unheard-of phenomenon, in contemporary international society. Similarly, it is rarer still to find an assortment of known criminals with an established history of committing worst atrocities against their fellow countrymen and women to take on the mantle of national political transformation. Welcome to Haiti!The impoverished country of eleven million souls croaking under decades of bad governance and environmental disasters is now taken hostage by the country’s dreaded criminal street gangs. Once confined to the task of hostage taking, ransom demands, kidnapping, rape and killing they have…

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