Adrian Mowat discusses the potential boost for emerging markets from a weakening US dollar and the US Federal Reserve’s shift to a neutral policy. He highlights the impact of US economic data on interest rates and cautions on China’s manufacturing challenges. Emerging markets might benefit if the Fed cuts rates, enhancing performance over developed markets.
Bitcoin hovers near $71,000 as crypto investors track macro and liquidity signals
Bitcoin hovered near $71,000 on Saturday as investors tracked macroeconomic cues and liquidity signals ahead of the upcoming US Federal Reserve policy decision. While Bitcoin