Yasin Ebrahim

1 week ago | ca.finance.yahoo.com | Yasin Ebrahim

Investing.com -- Stablecoins have offered stability in the eye of numerous crypto-storms, but with trading volumes now rivaling and even surpassing existing payment networks including PayPal (NASDAQ:PYPL), could Circle’s upcoming IPO later this month help stablecoins muscle their way to the top of mainstream payments?

1 week ago | ca.finance.yahoo.com | Yasin Ebrahim

Investing.com -- US stocks racked up gains to round of positive week of wild trading action following President Donald Trump’s tariff u-turn, but MRB Partners says the rebound can’t be trusted as the trade war is far over. "We are wary of near-term bounces in risk asset markets, as the U.S. and global economic damage from the trade war is still highly uncertain. Moreover, the war is far from over despite this week’s 90-day pause on some tariffs," analysts from MRB Partners said in a recent note.

1 week ago | ca.finance.yahoo.com | Yasin Ebrahim

Investing.com -- U.S. inflation slowed more than expected last month data showed on Thursday, but it’s too early to bet that the wheels on the deflation train are starting to turn once again, Morgan Stanley (NYSE:MS) said, warning that tariffs will likely give inflation a boost in the coming months.

2 weeks ago | ca.finance.yahoo.com | Yasin Ebrahim

nvesting.com -- The U.S. government sold $39 billion of 10-year Treasuries on Wednesday at a lower-than-expected yield as demand strong, easing fears that investors would continue to sell safe-heaven assets amid a tariff-induced scramble to cash. The notes were awarded at 4.435%, 3 basis point below the expected yield, or when-issue rate, of 4.465%, and above the 4.310% high seen in the prior auction.

2 weeks ago | ca.finance.yahoo.com | Yasin Ebrahim

Investing.com -- President Donald Trump on Tuesday acknowledged that the tariff impact has been "somewhat explosive" but said they were generating money for the country "at a level we’ve never seen before.""The money is pouring in at a level we’ve never seen before," Trump said, adding that the US government is taking in about $2 billion a day in tariff revenue. The remarks come just ahead of additional tariffs on China due midnight Tuesday that will push the total levies on Beijing to 104%.