The global economy is entering a “reflation” phase. And that bodes well for Bitcoin. After a period of cooling inflation, markets are now signalling prices are headed back up. “Both commodity markets and FX markets are sending clear signals for a renewed global reflation,” André Dragosch, head of research at Bitwise Europe, told DL News. Reflation occurs when inflation pressures reverse, shifting from falling back to rising, typically driven by rising commodity prices, weakening currencies, and money p ...

Arthur Hayes has come up with a new theory on what will send Bitcoin higher: a Federal Reserve bailout of the distressed Japanese markets that’ll be disguised as currency intervention. The BitMEX co-founder and crypto angel investor argued in a new essay that the US central bank will soon print dollars to buy yen, then use those yen to purchase Japanese Government Bonds, also known as JGBs. If the Fed goes ahead, the move would expand its balance sheet — basically bringing about another bout of money pr ...

So to help us assess where price could be headed next, I'd like to welcome in Ben McMillan, CIO of IDX Digital Assets. Ben, of course, gold just broke above 5,000 per troy ounce for the first time. What really do you see as the single most important driver behind this historic move if there could be one single driver.I think there's a lot of things factor in here, of course. >> Yeah, there I mean the big one has been central bank buying. So if we look back to kind of precoid levels, central banks in general ...

JPMorgan In the $30 trillion US Treasury market, some investors see a budding buying opportunity with longer-maturity yields approaching levels rarely seen in the past two decades. The strategy, from money managers including Columbia Threadneedle Investment and Wellington Management, runs counter to the consensus wager, which is that lengthier tenors will suffer in 2026, especially compared to shorter counterparts, steepening the yield curve. Most Read from Bloomberg The contrarian approach is gaining ...

More on the markets. Let's bring in CNBC contributor Peter Bookvar, chief investment officer at one point BFG Wealth Partners. Peter, great to have you with us.Um, what does it look like. How bad is it in your view if they quote unquote lose control of where the yen is going and where JGB yields are going in terms of not just the carry trade. Um, but also as Guy had alluded to, the money that Japanese investors have invested directly in other assets around the world and that's a lot of it is uh US treasurie ...

Group 1 - The article discusses speculation that Europe may consider selling its significant holdings of US Treasuries as a form of retaliation for the US's actions regarding Greenland [1] - The commentary reflects a broader sentiment among market commentators and conspiracy theorists regarding geopolitical tensions and their potential impact on financial markets [1] Group 2 - The second document outlines a method for analyzing economic conditions using fiscal flow analysis, emphasizing the importance of federal spending, non-federal spending, net exports, and credit as key components of GDP [2] - It highlights the relationship between federal deficits and private surpluses, suggesting that an increase in federal deficits can lead to a rise in risk asset markets [2]

Emerging-market assets and precious metals are extending a storming start to 2026 as tensions between the US and Europe weigh on the dollar and re-energize diversification flows around the world. Most Read from Bloomberg The MSCI Emerging Markets Equity Index rose for a second day Friday and notched a fifth straight week of gains — its longest winning streak since May. The gauge is up about 7% this year, outpacing the S&P 500’s roughly 1% advance. Asian technology shares have underpinned the rally, whi ...

Key TakeawaysJPMorgan Chase & Co.'s (JPM) short position in Alibaba Group Holding Ltd. (BABA, 9988.HK) significantly increased to 3.88% on January 19, up from 2.83%, signaling growing bearish sentiment from the financial giant.Japan's Finance Minister, Satsuki Katayama, has reiterated that the government is watching foreign exchange markets with a strong sense of urgency, declining to confirm any direct intervention but emphasizing readiness to act against speculative moves.India's holdings of US Treasuries ...

Core Viewpoint - The article discusses the implications of recent U.S. actions and rhetoric under President Trump, particularly regarding Europe, and emphasizes the need for Europe to strengthen its financial independence and investment at home in response to U.S. pressures [1][2][9]. Economic Context - Europe is urged to invest more of its vast savings domestically, as reliance on the U.S. economy and its capital markets poses risks, especially given the current political climate [2][11]. - The U.S. is identified as the world's largest debtor nation, relying on foreign capital, including significant European investments, to fund its deficits [6][9]. Investment Strategies - Joint borrowing within the eurozone is proposed as a means to create a safe asset that could rival U.S. Treasuries, thereby enhancing Europe's financial strength [5][12]. - The article highlights the need for Europe to better integrate its capital markets and develop a larger pool of safe assets to compete with U.S. financial instruments [12][15]. Market Reactions - The article notes that Trump's tariff threats led to market volatility, but his quick reversal indicates a vulnerability in U.S. policy and a potential leverage point for Europe [7][8]. - European investors have historically benefited from capital exports to the U.S., but the current political climate may necessitate a reevaluation of this strategy [10][15]. Future Outlook - The article suggests that ongoing tensions and unpredictability in U.S. policies could drive European investors to diversify away from U.S. assets, although this process may take time [11][15]. - The need for Europe to bolster its military and infrastructure spending is highlighted as a way to increase the supply of European bonds, which could help stem capital outflows [12][15].

There’s been an ongoing general diversification away from US assets, especially by global central banks, according to Ray Dalio, the founder of hedge fund firm Bridgewater Associates. “When you look at gold being up 67%, it’s not a precious metal that goes up 60%,” Dalio told Bloomberg Television’s Francine Lacqua in Davos on Thursday. “It was bought by central banks particularly, but others, and in order to diversify fiat currencies, not just dollars.” Most Read from Bloomberg Weighing in on global te ...