Inflation Tests Market Thesis, Bitcoin gets ETF nod. If the aggressive interest rate easing markets have priced for 2024 is to ring true – against what Federal Reserve officials are currently signalling – then days like today will have to come good. Despite the excitement around 34-year highs for outperforming Japanese stocks (.N225) and U.S. regulators finally approving exchange-traded funds to track bitcoin, the release of the critical U.S. consumer price inflation report for last month dominates the rest of Thursday. In advance of the report, Wall St (.SPX) has recovered its zest after a ropey start to the new […]

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