Philippine Central Bank Governor Says Emergency Meeting Possible for Larger Rate Hike (imported from Binance News)
The governor of the Philippine central bank said an emergency meeting could be convened at any time if needed to implement a larger interest rate increase. According to Jin10, the governor said the central bank is prepared to hold an interim meeting should conditions warrant a bigger hike.
Fed Chair Warsh Debut Spurs Bond Selloff, Boosts Near-Term Rate-Hike Bets (imported from Binance News)
Traders sold short-term Treasuries and increased bets on interest-rate hikes as soon as next month after Kevin Warsh’s debut press conference as Federal Reserve chair. In his first appearance, Warsh signaled the central bank will not tolerate high inflation, according to Bloomberg.
Indonesia Central Bank Governor Keeps 2026 GDP Outlook Unchanged at 4.9%–5.7% (imported from Binance News)
Indonesia’s central bank governor said the country’s 2026 GDP outlook was unchanged, with growth expected to be in a range of 4.9% to 5.7%.
According to Jin10, the governor also said Indonesia needs to strengthen its balance of payments.
Bond yield curve flattens, complicating near-term bitcoin bull run (imported from Binance News)
The U.S. Treasury yield curve is flattening, a move seen as signaling a more hawkish Federal Reserve and potentially higher rates for longer—an unfavorable backdrop for bitcoin and other non-yielding risk assets. According to CoinDesk, the gap between the 10- and two-year yields has narrowed to 28 basis points, the tightest since April 2025, while the 30-year/5-year spread is also at its lowest since April of last year. The shift follows Wednesday’s Fed decision to hold rates unchanged but deliver hawkish guidance, with the 2026 median dot-plot projection raised to 3.8% from 3.4% in March.
AI TRENDS | Google Calls for Changes to Parts of EU Cloud and AI Development Act (imported from Binance News)
Google said some provisions of the European Union’s Cloud and Artificial Intelligence Development Act should be amended to avoid unintended market fragmentation.
According to Jin10, Google said it believes certain clauses in the legislation should be modified to prevent unintended market separation.
Switzerland Lowers 2027 GDP Growth Forecast to 1.6% (imported from Binance News)
Switzerland’s government forecast that GDP growth adjusted for major sporting events would be 1.6% in 2027, down from a previous forecast of 1.7%.
According to Jin10, the government released the updated projection without providing additional details in the report cited.
Live markets: Bitcoin and ether ETFs lost $111 million combined as rate-cut hopes died
Total market value has held flat near $2.26 trillion since Tuesday, with the recovery losing momentum after the Fed killed rate-cut hopes and spot ETFs swung back to outflows. Original and detailed news is here: Read More
STOCKS | JPMorgan Asset Management’s Ward Says It’s Time to Buy European Stocks (imported from Binance News)
JPMorgan Chase & Co. Asset Management strategist Karen Ward said it’s time to buy European stocks. According to Bloomberg, Ward made the call in comments cited by the outlet.
Philippine Central Bank Raises Benchmark Rate for Second Straight Meeting (imported from Binance News)
The Philippine central bank raised its benchmark interest rate for a second consecutive meeting as it prepares for a prolonged fight against inflation. According to Bloomberg, the move comes despite an interim US-Iran peace deal.
Buying bitcoin below its 200-week average has historically delivered over 100% in median returns, Kraken says
Bitcoin briefly slipped below its 200-week moving average twice in the past two weeks, a rare event that Kraken says has historically marked strong entry points for buyers. Original and detailed news is here: Read More