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UK Maritime Trade Operations Office: A tanker sailing eastward on the IRTC (International Recommended Transport Corridor) reports that six small boats are approaching from the starboard side.July 13 - At approximately 2 PM local time today (July 13), Sanaa International Airport in Yemen was attacked. Although the Houthi rebels, who control Sanaa, accused Saudi Arabia of carrying out the attack, the Yemeni Ministry of Defense stated that Yemeni armed forces struck the runway at Sanaa International Airport to prevent an Iranian aircraft from landing. Sanaa is currently controlled by the Houthis, while the Yemeni government, supported by Saudi Arabia and other Gulf states, is based in Aden in the south.On July 13th, Barclays analysts noted in a report that, given rising oil prices, members of the Bank of Englands Monetary Policy Committee may signal a preference for interest rate hikes in the coming months. This comes after the US struck Iranian targets over the weekend, and Iran retaliated by attacking ships transiting the Strait of Hormuz. Analysts stated, "We believe that the escalating tensions in the Middle East and this weeks rise in oil prices will make the risk of further inflationary pressures a focus of the Monetary Policy Committees attention." LSEG data shows that the market has fully priced in a 25 basis point rate hike by the Bank of England in 2026, and expects a 28% probability of another 25 basis point hike before the end of the year.German Chancellor Merz: Germany and Europe face major challenges.According to CCTV: Li Qiang chaired a symposium with economic experts and entrepreneurs.

Crypto Market Daily Highlights: Kraken Ceases US Staking Services

Alice Wang

Feb 10, 2023 15:08

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Thursday's session for the top 10 cryptocurrencies was negative. The descent was led by ADA and DOGE. BTC fell below $22,000 at day's conclusion for the first price since January 19.


US economic indicators briefly improved on Thursday, with initial unemployment claims rising from 183k to 196k. However, after a poor 30-year bond auction, an increase in Treasury rates dampened risk appetite.


The NASDAQ Index lost 1.02% on the day as hawkish Fed talk permeated the entire day.

SEC Takes Action Against Kraken and Staking Services for US Consumers

The NASDAQ Index dampened investor interest, but the crypto market plunged into the negative due to SEC action and worries that US crypto staking might be outlawed.


Overnight, word spread that Kraken has decided to stop issuing or selling securities via its crypto asset staking programs, which were accessible on the websites of two exchange companies, Payward Ventures Inc. and Payward Trading Ltd.