Latest news with #DirkWiller
Bloomberg
4 days ago
- Business
- Bloomberg
EM Lens: Dusting Off the Global Macro Playbook With Citi's Willer
Emerging market economies are benefiting from better-than-expected growth and inflation expectations, with local rates looking set to outperform amid a more dovish US Federal Reserve. Dirk Willer, managing director and global head of macroeconomic research at Citigroup, joins Damian Sassower, Bloomberg Intelligence's chief emerging-market fixed-income strategist, to assess the fixed-income landscape, with implications for interest rate and currency markets across the globe. Willer and Sassower touch on topics ranging from systematic drivers and foreign positioning to FX-hedge flows and central bank reserves. Listen to this episode on Apple Podcasts and Spotify.
Economic Times
11-07-2025
- Business
- Economic Times
Bitcoin, Ether, XRP, Solana price predictions: Cryptocurrency experts raise red flag, caution Crypto investors
Cryptocurrency Price Prediction Live Events (You can now subscribe to our (You can now subscribe to our Economic Times WhatsApp channel Bitcoin's surge has triggered a broader rally in the crypto market, with strong and sustained inflows into the related spot exchange-traded funds driving prices higher, he said. The world's largest cryptocurrency was last up 4 per cent at $118,071.19, taking its gains for the year to 26 per cent. The digital asset has surged nearly 41 per cent in the last three months. Rising confidence in bitcoin is now resulting in investors chasing higher returns in smaller tokens. Ether, the second-largest token, was last up 6.5 per cent, while XRP and Solana gained 12 per cent and 2 per cent, respectively. The sector's total market value has swelled to about $3.7 trillion, according to data from buyer and holder Strategy (MSTR.O) rose 3.8 per cent, while crypto miners Riot Platforms (RIOT.O), Hut 8 (HUT.O), and Mara Holdings (MARA.O) gained between 1.5 per cent and 3 per sharp rally has also drawn caution from some corners of the market. As crypto gets embedded in the traditional financial system, some analysts warned the hype may be outpacing reality, as it starts to displace gold as the preferred hedge against (regulatory) backdrop has supported prices and attention has turned to bitcoin's role in portfolios, with some likening the crypto-asset to 'digital gold'. This moniker is likely premature, said Dirk Willer, Citi's global head of macro, asset allocation and emerging market likely volatility ahead, some analysts have cautioned investors to pause and weigh their time horizons before jumping in. "It's hard not to be optimistic about bitcoin at this moment in time, but the risk of a fall in price or short-term pullback still exists," said Simon Peters, crypto analyst at online brokerage have argued the Trump administration is conceding too much to the crypto industry. "I'm concerned that what my Republican colleagues are aiming for is another industry handout that gives the crypto lobby exactly its wish list," Democratic Senator Elizabeth Warren said earlier this week, opens new urged Congress to bar public officials, including the President, from issuing, backing or profiting from crypto tokens. Trump has faced criticism from political rivals and ethics experts over potential for conflicts of interest regarding his family's crypto ventures.A1. Market value of Cryptocurrency sector is $3.7 trillion.A2. Top Cryptocurrencies are Bitcoin, Ether, XRP, Solana.
Time of India
11-07-2025
- Business
- Time of India
Bitcoin, Ether, XRP, Solana price predictions: Cryptocurrency experts raise red flag, caution Crypto investors
Bitcoin's surge has triggered a broader rally in the crypto market, with strong and sustained inflows into the related spot exchange-traded funds driving prices higher, he said. The world's largest cryptocurrency was last up 4 per cent at $118,071.19, taking its gains for the year to 26 per cent. The digital asset has surged nearly 41 per cent in the last three months. Rising confidence in bitcoin is now resulting in investors chasing higher returns in smaller tokens. Ether, the second-largest token, was last up 6.5 per cent, while XRP and Solana gained 12 per cent and 2 per cent, respectively. The sector's total market value has swelled to about $3.7 trillion, according to data from CoinMarketCap. Bitcoin buyer and holder Strategy (MSTR.O) rose 3.8 per cent, while crypto miners Riot Platforms (RIOT.O), Hut 8 (HUT.O), and Mara Holdings (MARA.O) gained between 1.5 per cent and 3 per cent. Cryptocurrency Price Prediction Bitcoin's sharp rally has also drawn caution from some corners of the market. As crypto gets embedded in the traditional financial system, some analysts warned the hype may be outpacing reality, as it starts to displace gold as the preferred hedge against equities. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Experience cinema like never before Boat Buy Now Undo The (regulatory) backdrop has supported prices and attention has turned to bitcoin's role in portfolios, with some likening the crypto-asset to 'digital gold'. This moniker is likely premature, said Dirk Willer, Citi's global head of macro, asset allocation and emerging market strategy. With likely volatility ahead, some analysts have cautioned investors to pause and weigh their time horizons before jumping in. "It's hard not to be optimistic about bitcoin at this moment in time, but the risk of a fall in price or short-term pullback still exists," said Simon Peters, crypto analyst at online brokerage eToro. Live Events Critics have argued the Trump administration is conceding too much to the crypto industry. "I'm concerned that what my Republican colleagues are aiming for is another industry handout that gives the crypto lobby exactly its wish list," Democratic Senator Elizabeth Warren said earlier this week, opens new tab. She urged Congress to bar public officials, including the President, from issuing, backing or profiting from crypto tokens. Trump has faced criticism from political rivals and ethics experts over potential for conflicts of interest regarding his family's crypto ventures. FAQs Q1. What is market value of Cryptocurrency sector? A1. Market value of Cryptocurrency sector is $3.7 trillion. Q2. What are top Cryptocurrencies? A2. Top Cryptocurrencies are Bitcoin, Ether, XRP, Solana.
Bloomberg
09-05-2025
- Business
- Bloomberg
Citigroup Sees Risk of Yield Curve Steepening ‘Aggressively'
Citigroup Inc. strategists recommend betting on longer-term bonds to underperform, citing the risks of what they call an 'expensive' fiscal bill. Strategists led by Dirk Willer advised investors to position for spreads to widen between five- and 30-year rates via six-month forward contracts. They are targeting a move to 90 basis points, up from 40 basis points right now.
Khaleej Times
11-03-2025
- Business
- Khaleej Times
Citi cuts recommendation for US stocks as recession fears hit, lifts view on China
Citi analysts cut their recommendation for U.S. stocks to "neutral" from "overweight" on Monday after recession fears pummelled the market, arguing that the U.S. economy may no longer outpace the rest of the world in the coming months. At the same time, they upgraded their view on China to "overweight" from "neutral". The report was issued after the close of trade on Monday when the Nasdaq lost 4%, its steepest one-day tumble since 2022. The benchmark SP 500 fell 2.7%, its biggest daily drop of the year. Dirk Willer, Citi's global head of macro, asset allocation and emerging market strategy, said in a note to clients that two recent price signals contributed to the shift in view: the SP 500 breaking below its 200-day moving average and the soft performance of "generals" or market-leading stocks. "In the big picture, US equity outperformance may well return when the AI narrative takes over again, but in the coming months, we expect US growth momentum to undershoot the (rest of the world)," the note said. On China, Citi's economists have revised their forecast for Chinese GDP growth to 4.7% this year from 4.5%, partly on a boost from investment in artificial intelligence. Willer also noted China's tech sector is cheap relative to global peers, even after recent gains. "China screens well," said Willer. "While tariffs remain a risk ... there is also the possibility of reaching resolution in trade discussions with China, which would be very positive." In credit, Citi also downgraded U.S. high-yield debt to "neutral" from "overweight."
