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Bloomberg

NY Harbor Celebration Echoes Revolutionary Past

For the 4th of July, the Hudson River will have both the Naval Review and 'Sail4th 250' to celebrate the day. Retired Naval Vice Admiral Kevin Donegan and Rutgers University-Newark Professor of American Studies Robert Snyder join Bloomberg This Weekend to discuss the historical significance of the Hudson River in American independence.

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Bloomberg

Celebrating '250' from the USS Intrepid

To celebrate America's 250th anniversary Bloomberg This Weekend is broadcasting Live from across New York City. David Gura and Christina Ruffini are on the Hudson River at the Intrepid Museum for the Navy Review and the tall ships parade, 'Sail4th 250', while Lisa Mateo is at Nathan's Famous Hot Dogs in Coney Island, home of the annual 4th of July hot dog eating contest. The team are joined by Bloomberg News White House Correspondent Jeff Mason who is at the White House reporting on how 'Freedom 250' plans have been affected by the heat.

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Percepções

Why Synapse is challenging crypto options giants

  • Arthur Hayes disclosed buying US$2.2 million of Synapse (CRYPTO:SYN), citing its Hypercall options exchange as a potential challenger to Deribit.
  • SYN briefly jumped 26%, while derivatives data later showed futures open interest falling 13% to US$31.98 million as traders took profits.
  • Decentralised options exchanges continue competing with established derivatives platforms, although liquidity, regulation and user adoption remain key hurdles.
Leia mais: Why Synapse is challenging crypto options giants
Bloomberg

Allianz's Subran Has Doubts Over Europe's 'AI Dividend'

Ludovic Subran, chief investment officer and chief economist at Allianz, says there isn't enough evidence to say that the AI trade is in "bubble" territory. Speaking to Bloomberg's Caroline Connan at the Aix-en-Provence Economic Forum in France, he also says emerging-market stocks are looking more attractive due to demand for semiconductors, and that Europe might fail to reap the "AI dividend."

Leia mais: Allianz's Subran Has Doubts Over Europe's 'AI Dividend'
Bloomberg

Yen Isn't Behaving Like a G10 Currency, Mizuho Says

Jordan Rochester, Mizuho FICC strategy EMEA head, discusses sharp moves in the yen. "From all the frameworks, dollar-yen should be lower," he tells Bloomberg Television. He adds there has been a change in behaviors in the Japanese space and the yen is not behaving like a G10 currency. "It trades like an EM in terms of its correlation to rates," Rochester says.

Leia mais: Yen Isn't Behaving Like a G10 Currency, Mizuho Says