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BRASILIA (Reuters) -Brazil’s central bank on Monday released long-awaited rules for trading virtual assets, including cryptocurrencies, that will extend existing rules against money laundering and terrorism financing to virtual-asset service providers. Latin America’s largest economy approved a legal framework for cryptocurrencies in 2022, but its rollout hinged on complementary regulation from the central bank, which …

Brazil central bank tightens rules for virtual assets, cryptocurrency Read More »

By Ann Saphir and Howard Schneider (Reuters) -U.S. central bankers who have supported two interest rate cuts this year signaled on Monday divergent views on the need for more, underscoring the challenge for Federal Reserve Chair Jerome Powell as he helms a divided group of policymakers.  St. Louis Fed President Alberto Musalem was downright skeptical about …

Fed policymakers divided over need for more rate cuts Read More »

By Johann M Cherian and Sukriti Gupta (Reuters) -European shares rose on Monday, echoing a buoyant mood across global markets as investors cheered initial signs that the historic U.S. government shutdown could soon come to an end, while Diageo gained after the spirits maker named a new CEO. The pan-European STOXX 600 closed up 1.4% …

European shares gain on hope of end to US government shutdown; Diageo shines Read More »

(Reuters) -Retail investors are dialing back their risky bets after the longest bullish streak in recent years, J.P. Morgan analysts wrote in a note, marking a shift in sentiment that could sap momentum in high‑flying U.S. stocks. The brokerage’s readout from Friday showed a drop in bullish options bets, with call volumes slipping compared to …

Retail rally running out of steam after record streak, J.P. Morgan warns Read More »

LONDON (Reuters) -From a focus on how quickly tech-driven, frothy equity markets unwind, to the impact of the U.S. shutdown, there’s plenty to mull over next week.  And don’t forget China data, UK budget speculation and a U.N. climate change summit.  Here’s all you need to know about the coming week in financial markets by …

Take Five: End in sight Read More »