Welcome to the Blockhead Business newsletter, your go-to source for industry developments, news and insights in the world of digital assets.
Asia-led and global in scope, we bring you a weekly roundup of the most important business and economic developments in the industry, along with expert analysis and commentary from top professionals in the field.
Whether you're a fund manager, professional investor, or simply interested in the world of digital assets, our newsletter is your essential guide to navigating the future of finance.
CAPITAL FLOWS IN GLOBAL MARKETS
The capacity of investors to withstand a market surge that most on Wall Street think is doomed is dwindling.
In April so far, investors poured over US$12.6 billion into equities ETFs, the highest monthly inflow since January and double the rate in February and March.
Federal Reserve officials plan to hike interest rates by a quarter of a percentage point next month and signal a potential halt from the biggest hiking campaign in decades on concern that repercussions from recent bank failures could slow the economy.
Bank deposits in the United States fell by US$76.2 billion last week, more evidence that the economy is still vulnerable following a series of bank collapses.