JPMorgan’s Bitcoin (BTC) Retail Sentiment Score Hits Record High, MSTR’s Call Skew Soars

As BTC rose past the $93,000 mark last week and inflows into the U.S.-listed spot ETFs and crypto stocks surged, JPMorgan’s retail sentiment score rose to a record high of 4. The measure is designed to gauge the sentiment of retail investors toward cryptocurrencies, especially bitcoin, based on the activity in the family of BTC products, including spot ETFs. Source link

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SocGen explains why gold is the ultimate ‘unknown unknown’ commodity By Investing.com

Investing.com — Gold has recently performed as expected leading up to the U.S. election, but Societe Generale (OTC:) analysts suggest the precious metal may take a breather in the near term.  Despite this, they see robust long-term drivers that reinforce the yellow metal’s unique role in financial markets. “Gold is the ultimate ‘unknown unknown’ commodity,” Societe Generale stated, explaining that its primary value lies in its role as a hedge against

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Asian shares are mixed after Wall Street suffers worst loss since Election Day

BANGKOK (AP) — Shares started out the week mixed in Asia after U.S. stocks fell to their worst loss since Election Day. Japan’s Nikkei 225 index dropped 1% to 38,255.65 as the yen regained some strength against the U.S. dollar after the central bank governor, Kazuo Ueda, indicated that the Bank of Japan will continue to raise interest rates as conditions permit. The dollar fell to 154.46 Japanese yen from

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Top radio host charged with sexually abusing 8 people

Veteran Australian broadcaster and former Wallabies coach Alan Jones has been charged with sexually abusing seven men and a 17-year-old boy. The 83-year-old was taken into custody at his Sydney apartment early on Monday morning, as detectives from the New South Wales (NSW) Police Child Abuse Squad searched the harbour-front property and seized electronic devices. Mr Jones is one of Australia’s most influential media figures, and has previously denied allegations

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G20 summit confronts a global order unsettled by Trump’s return By Reuters

By Lisandra Paraguassu and Anthony Boadle RIO DE JANEIRO (Reuters) – Leaders of the Group of 20 major economies were set to meet on Monday in Brazil for their annual summit, bracing for a shift in the global order with the return to power of U.S. president-elect Donald Trump. Discussions of trade, climate change and international security will run up against sharp U.S. policy changes that Trump vows upon taking

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Exclusive-Country Garden submits offshore debt restructuring plan to creditors, sources say By Reuters

By Xie Yu and Clare Jim HONG KONG (Reuters) – Country Garden (HK:) submitted the preliminary terms of its offshore debt restructuring proposal to some creditors late last month, said five sources familiar with the matter, as the indebted Chinese property developer tries to avoid liquidation. The restructuring proposal includes a revised cash flow projection, said two of the sources who have direct knowledge and another person familiar with the

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