South Korea’s push to tighten rules for virtual assets is moving into a second legislative phase focused on stablecoins, as policymakers and financial firms step up discussions on how won-linked tokens could be issued and used, according to organisers of an industry forum.The second phase of virtual asset legislation, described by organisers as a “stablecoin law”, is gaining speed, and the first World Crypto Forum is set to host detailed talks on stablecoins and cross-border payments.The forum will feature ...

Group 1 - The dollar index (DXY00) fell by -0.09% on Monday, with modest losses ahead of the US Nov payrolls report [1] - The Dec Empire manufacturing survey unexpectedly contracted by -22.6 points to -3.9, weaker than the expected 10.0, indicating a dovish factor for Fed policy [3] - Fed Governor Stephen Miran stated that the Fed's policy stance is unnecessarily restrictive on the economy, citing a benign inflation outlook and labor-market warning signs [3][4] Group 2 - The Fed is boosting liquidity in the financial system by purchasing $40 billion a month in T-bills, which is putting additional pressure on the dollar [2] - Concerns about President Trump's potential appointment of a dovish Fed Chair are also negatively impacting the dollar, with Kevin Hassett seen as the most likely candidate [2] - The markets are currently pricing in a 22% chance that the FOMC will cut the fed funds target range by 25 basis points at the January 27-28 meeting [4] Group 3 - The EUR/USD rose by +0.09% to a 2.5-month high, supported by the weakness in the dollar and positive economic news from the Eurozone [5] - Eurozone's Oct industrial production rose by the most in 5 months, which is bullish for the euro [5] - Divergent central bank policies are providing support for the euro, as the Fed is expected to continue cutting interest rates while the ECB has likely finished its rate-cutting campaign [5]

Core Insights - Home equity loans are a viable option for homeowners needing a lump sum of cash, offering competitive rates compared to credit cards and personal loans, with potential tax deductions available [1] Group 1: Home Equity Loan Overview - A home equity loan is a second mortgage allowing homeowners to borrow against the equity built in their property, with lenders typically limiting borrowing to 85% of home equity [2] - For example, if a home is valued at $390,000 with an outstanding mortgage of $245,000, the maximum loan amount available would be $86,500, calculated as 85% of the home value minus the mortgage balance [3][7] - Home equity loans provide funds in a lump sum, with fixed interest rates and terms ranging from 5 to 30 years, making budgeting easier [3] Group 2: Risks and Considerations - Home equity loans use the home as collateral, posing a risk of foreclosure if monthly payments are not met, and upfront closing costs range from 2% to 5% of the loan amount [4] - Borrowers should be aware that withdrawing funds reduces their home equity [4] Group 3: Credit Score and Loan Qualification - A credit score below 580 is categorized as "bad" credit, with many lenders preferring a minimum score of 680 for home equity loans, although some may accept scores as low as 620 [6][9] - If a borrower's credit score is low, they may face less favorable loan terms, such as higher interest rates, making it advisable to improve the score before applying [10] Group 4: Steps to Secure a Home Equity Loan with Bad Credit - Understanding lending guidelines is crucial, as most lenders require a maximum debt-to-income (DTI) ratio of 43% and a combined loan-to-value (CLTV) ratio of 85% [11] - Improving credit scores and reducing debt levels can enhance approval chances, with a focus on correcting any inaccuracies in credit reports [13][14] - Calculating home equity and CLTV ratios is essential, as lenders consider these metrics when approving loans [16] - It is recommended to shop around and compare offers from multiple lenders to find the best terms [17][18] - Organizing necessary documentation before applying can streamline the process and help avoid delays [19] Group 5: FAQs and Additional Considerations - Homeowners with bad credit should assess their financial situation before applying for a home equity loan, as alternatives like personal loans or credit cards may be more suitable [20] - The lowest credit score typically accepted by lenders for a home equity loan is 620, with better scores leading to more favorable rates [21] - If an application is denied, borrowers should seek feedback from the lender to understand the reasons and improve their chances for future applications [22]

picked up to 0.71% YoY in November from 0.25% in October, driven by persistent food price deflation and weak core inflation. Most economists said headline inflation appears to have bottomed out in October on account of lower food prices and one-time GST cut adjustment and expect it to inch up but will be below RBI’s 4% medium-term target. RBI has cut the repo rate by 125 bps since the easing cycle began in February stating that it is to support growth as inflation remained benign.WHY A PAUSE NOW? , on the ...

Photo by BeInCrypto Bitcoin slid to the $85,000 level on December 15, extending its recent decline as global macro risks, leverage unwinding, and thin liquidity collided. The drop erased more than $100 billion from the total crypto market cap in just days, raising questions about whether the sell-off has finished. While no single catalyst caused the move, five overlapping forces pushed Bitcoin lower and could keep pressure on prices in the near term. Bank of Japan Rate Hike Fears Triggered Global De-Ris ...

Market Overview - The Tel Aviv Stock Exchange experienced a decline, with the Tel Aviv 35 Index falling by 0.51% to 3,595.63 points, the Tel Aviv 125 Index decreasing by 0.69% to 3,606.96 points, and the BlueTech Global Index dropping by 0.90% to 600.38 points [1] - The All Bond corporate bond index saw a slight increase of 0.06% to 417.88 points, with total turnover reaching NIS 3.62 billion in equities and NIS 3.22 billion in bonds [1] Foreign Exchange Market - The shekel-dollar exchange rate was set 0.219% higher at NIS 3.209/$, while the shekel-euro rate increased by 0.343% to NIS 3.769/€ [2] Top Performers - Bank Hapoalim led the market with a rise of 0.80% and the highest trading turnover [3] - NextVision recorded the largest increase on the Tel Aviv 35 Index, rising by 3.56% [3] - Teva Pharmaceutical Industries Ltd. increased by 0.83%, Tower Semiconductor Ltd. rose by 0.47%, and Migdal Insurance & Financial Holdings saw a rise of 2.66% [3] Underperformers - Delek Group experienced the largest decline on the Tel Aviv 35 Index, falling by 3.19%, along with its energy exploration and production unit NewMed Energy, which fell by 1.90% [4] - Bank Leumi decreased by 1.73%, Israel Discount Bank fell by 1.44%, Phoenix Finance dropped by 1.52%, and Elbit Systems Ltd. saw a decline of 1.02% [4]

Economic Overview - China's economy is currently unbalanced, with a significant trade surplus of over $1 trillion, but internal economic indicators are weak, including low consumer confidence and high precautionary savings [2][3] - Retail sales in China rose only 1.3% in December, marking the lowest growth rate outside of the COVID pandemic [3] - The Chinese government is maintaining its focus on advanced manufacturing and innovation rather than implementing social welfare reforms that could reduce savings tendencies [4] Chinese Market Insights - Despite strong exports, Chinese stocks are experiencing gains that appear disconnected from the underlying economy, primarily driven by AI innovation [5] - Earnings forecasts for Chinese companies are being cut, indicating a need for stabilization in earnings for future stock gains [5] U.S. Economic Data - The U.S. is expecting a jobs report with a projected addition of only 50,000 jobs, reflecting further weakness in the labor market [8][10] - The unemployment rate is anticipated to rise to 4.5%, which could lead to lower yields in the bond market if job growth falls short of expectations [10] Global Central Bank Actions - A series of central bank meetings are scheduled, highlighting the divergence in monetary policy between the Fed and other major central banks, with the Bank of England likely nearing the end of its easing cycle and the Bank of Japan expected to hike rates [12][15] - The Eurozone composite PMI rose to its highest level in two and a half years, indicating potential economic growth rebound in Europe next year [14] Fixed Income Market Outlook - The global fixed income market had a strong performance in 2025, particularly for international and emerging market bonds, largely due to a decline in the dollar [16][17] - There is an expectation for continued positive returns in international bonds going into 2026, driven by potential further downside on the dollar [17][18]

BBVA plans to name Daniel Calvo to oversee the corporate and investment banking business in the UK, according to people familiar with the matter https://t.co/VwIPVtql4P ...

Economic Indicators - The December Empire manufacturing survey unexpectedly contracted by 22.6 points to -3.9, significantly weaker than the expected 10.0 [3] - The NAHB housing market index for December rose by 1 to an 8-month high of 39, aligning with expectations [3] - Eurozone industrial production for October increased by 0.8% month-over-month, marking the largest rise in 5 months and meeting expectations [6] Federal Reserve Policy - The dollar index is down by 0.24% due to the contraction in the Empire manufacturing survey, which is seen as a dovish factor for Federal Reserve policy [1] - Fed Governor Stephen Miran indicated that the current policy stance is unnecessarily restrictive for the economy, citing a benign inflation outlook and labor market concerns [3] - There is a 27% chance that the FOMC will cut the fed funds target range by 25 basis points at the upcoming January meeting [4] Currency Movements - The euro (EUR/USD) is up by 0.23%, reaching a 2.5-month high, supported by dollar weakness and positive Eurozone industrial production data [5] - The yen (USD/JPY) is down by 0.60%, climbing to a 1-week high against the dollar due to stronger-than-expected Japanese economic indicators and expectations of a potential interest rate hike by the Bank of Japan [7] Market Sentiment - Concerns are growing that President Trump may appoint a dovish Fed Chair, which could negatively impact the dollar [2] - Markets are pricing in a 0% chance of a rate cut by the European Central Bank at the upcoming policy meeting, indicating a divergence in central bank policies between the Fed and the ECB [6]

On Friday, the president told telling the Wall Street Journal he was leaning towards [music] choosing Hasset for former Federal Reserve uh and Governor Worsh also potentially to run the Fed. Steve Leeman joins us now on more with some commentary on the two Kevin. Who do what do you think.Poly Market says Hasset. Are you on the Hasset end or on the worst end. >> I I'm on either end. I'm on the end of trying to report what's going on.>> Well, I'm not saying what you're who you who you'd like. I'm saying but t ...