Piper Sandler says Strait of Hormuz to remain closed for months and oil to hit new highs

The European Union’s latest Russia sanctions package, its twentieth so far, brings crypto settlement squarely into an already fractured geopolitical spotlight. Adopted on April 23, the package adds 120 new listings and rolls out financial measures that touch just about every corner of Russia’s crypto scene. That includes service providers, decentralized trading platforms, ruble-backed tokens,…

As fears about a credit crisis rise, bond investors may be too complacent with Kevin Warsh to become next Fed chair and volatility in rates likely to follow. Source: www.cnbc.com Read Full Story