International Economic
Fed hikes by 75bp, guides towards slightly higher rate path
The Federal Reserve delivered a widely-expected 75 basis point interest rate hike, alongside a slightly more aggressive outlook for monetary policy in the near-term.
Russian President orders partial mobilisation of army reserves
Vladimir Putin called for a partial mobilisation of the country's reservists, in a move decried by many in the West as an escalation.
US existing home sales dip in August
Existing home sales in the US were little changed last month, contrary to forecasts, a leading business lobby said.
Bitcoin and Ethereum fail to recover ahead of an unforgiving Fed
The cryptocurrency market maintains its depressed look on Wednesday with investors elevating caution, especially in risk assets, ahead of the US Federal Reserve (Fed) conclave. Another inflation-fighting rate hike is expected, and some observers believe it could be as much as 1%, resulting in moderate declines for Bitcoin and Ethereum, as they fail to expand their Tuesday rebound.