ChainCatcher news, according to Jin10, Barclays Bank stated that the European stock market has already reflected the possibility of Trump's victory.The company noted that since early spring this year, a basket of European exporters (i.e., those most vulnerable to tariffs) has underperformed the benchmark Stoxx Europe 600 index by 15%.Barclays Bank indicated that this reflects investors preparing in advance for the tariff policies proposed by Trump, which have been a core part of his presidential campaign, with investors anticipating his victory.

ChainCatcher message, Barclays analysis expects the Bank of England to support maintaining interest rates unchanged with a vote of 8 to 1, and to reduce the Asset Purchase Facility (APF) assets by £100 billion."We believe that Ramsden and/or Taylor have a certain probability of voting alongside Dingra in favor of a rate cut, so our expected voting ratio of 1-8 has a bias towards a risk of 3-6." The tone of the meeting statement is expected to remain cautious while acknowledging that inflation has made further progress towards a sustainable return to target. The existing guidance around the need to maintain restrictive policies may remain unchanged. Interest rates are expected to be cut by 25 basis points in November, December, and next year in February, May, and August, reaching 3.75% by August 2025.

ChainCatcher news, Block Inc., the company behind subsidiaries such as payment processor Square, music streaming service Tidal, and Bitcoin financing company Spiral, has seen its market value surpass Coinbase for the first time since March.Coinbase's stock price fell last week, marking its worst week of the year to date. According to data from The Block, in March of this year, Coinbase's market value first exceeded that of Block Inc.According to Benzinga, analysts at investment bank Barclays have adjusted their rating on Coinbase from "Under Weight" to "Equal Weight," indicating that the company is expected to perform below its industry peers over the next 12 months. Barclays believes that a mature regulatory environment, stable diversification, and strong industry leadership suggest that the company's business is maturing and revenue is reliable. However, the bank also lowered its price target for Coinbase stock from $206 to $169.

ChainCatcher news, according to Coindesk, British banking giant Barclays has upgraded the ratings of Coinbase (COIN) and Robinhood (HOOD) from underweight to equal weight, citing that the business models of these two companies are better.Barclays analyst Benjamin Budish stated that both companies have "significantly matured," especially due to the rich expansion of products and a more positive financial outlook. Given that both presidential candidates have taken an increasingly friendly stance toward the digital asset industry, and several spot ETFs have already been approved, Coinbase, in particular, stands to benefit from a more favorable regulatory environment.

ChainCatcher news, according to Jinshi reports, Barclays, the second largest bank in the UK, now expects the Federal Reserve FOMC to cut interest rates three times this year in September, November, and December, each by 25 basis points.Assuming the labor market shows continued resilience in the August report, the unemployment rate will stop rising. Based on this assumption, it is currently considered unreasonable to expect a 50 basis point cut in September. However, if the unemployment rate rises further, it will raise concerns that the cooling of the labor market is happening faster than expected.Looking ahead to 2025, the unemployment rate is expected to gradually decline to 4.2%, with inflation forecasts remaining unchanged. It continues to be expected that the FOMC will cut rates three times next year in March, June, and September, and concerns about a lack of further progress on inflation in the second half of 2025 will lead the FOMC to pause rate cuts after the federal funds rate reaches a range of 3.75-4.00%. In the long term, it continues to believe that the neutral interest rate level is around 3.00-3.25%.

According to ChainCatcher news from Investing.com, Barclays economists expect that the seasonally adjusted annualized rate of U.S. personal consumption expenditures (PCE) inflation will be 1.9% in the second half of 2023, reaching 2.4% by the end of 2024. Given the latest economic data showing a slowdown in inflation trends, the Federal Reserve (FOMC) will implement a policy of reducing interest rates by 25 basis points at every other meeting starting in March 2024. Based on this forecast, by the end of 2024, the target range for the federal funds rate will be 4.25-4.50%, and it will further decrease to 3.25-3.50% by the end of 2025.