Wheat futures price lost all of its 2022 gains amid good U.S. harvest
Also note that corn and soybeans are turning around.
Thus, price pressures in the U.S. may fall, and hence Fed policy will be softer.
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Hyundai has released a "copy" of the Tesla - Reuters
Hyundai Motor Co. on Thursday unveiled its first electric sedan, the Ioniq 6. The South Korean automaker expects the electric car to help it capture a larger share of the EV market, including poaching Tesla customers.
Bank of America has no plans to offer crypto services
BofA CEO Moynihan said that the company will not offer services related to cryptocurrency in the near future. However, he acknowledged the importance of digital payments in today's economy. According to Moynihan, the main obstacle to the crypto industry is regulatory problems. The SEC is suspicious of companies offering cryptocurrency
What will be next?
Bitcoin for the second day in a row does not observe the correlation with the Nasdaq index, and even act as a leading indicator for the subsequent stock price movement. Or they just decided to shave $232 million off the bears 😇 Overall, the crypto market remains in a state of