Coinbase (COIN) has launched stock perpetual futures trading for eligible non-US retail and institutional customers, offering leveraged exposure to major US equities and exchange-traded funds (ETFs), the exchange stated in a blog post on Friday.
Nordea’s Sara Midtgaard reports that the Federal Reserve left its policy rate unchanged and signalled only gradual easing, with one 25 bp cut projected in both 2026 and 2027.
Christopher Waller, a member of the Federal Reserve (Fed), said that based on the jobs report alone, he was planning to dissent in the monetary policy decision, but inflation has become more of a concern.
European Central Bank (ECB) policymaker and Governor of the Central Bank of Ireland Gabriel Makhlouf stated during European trading hours on Friday that the central bank doesn’t have a pre-determined rate path and the decision would be made meeting by meeting.
TradingKey - On Thursday, the Bank of England voted unanimously to maintain interest rates and warned that it stands "ready to act" due to the risk of rising inflation triggered by the war in the Midd
MUFG’s Derek Halpenny notes that the recent retracement in Brent has eased immediate upward pressure on the Dollar, but he doubts the move will last given ongoing Middle East tensions and constrained supply.
ING’s Francesco Pesole notes that the Bank of England surprised markets with a unanimous hold and strong guidance that it is ready to act against any inflation spike. Markets added substantial tightening by year-end, though ING views this as too aggressive.
DBS Group Research economist Radhika Rao notes that the ECB kept rates unchanged but highlighted spillover risks from geopolitical tensions, with updated projections showing higher Eurozone inflation and weaker growth.
MUFG’s Derek Halpenny highlights that the Bank of England’s unanimous hold and sharp front-end repricing have driven a notable rise in UK yields, supporting the Pound.