(48/52) Weekly Market Insight | December Week 2 | FOMC Week

Dec 8 Screenshot from CloudConvert

Headline News: FOMC Week The crypto market traded sideways in anticipation of the upcoming FOMC meeting, weighed down by persistent liquidity constraints visible in elevated Secured Overnight Financing Rate (SOFR) and Standing Repo Facility usage despite the conclusion of the Fed’s quantitative tightening. Selling pressure was further exacerbated by a hawkish Bank of Japan, which […]

Ooi Sang Kuang

Chairman, Non-Executive Director

Mr. Ooi is the former Chairman of the Board of Directors of OCBC Bank, Singapore. He served as a Special Advisor in Bank Negara Malaysia and, prior to that, was the Deputy Governor and a Member of the Board of Directors.