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(Reuters) -The U.S. securities regulator said someone briefly accessed its X social media account on Tuesday and posted a fake message saying it had approved exchange traded funds (ETF) for bitcoin, a move eagerly awaited by the crypto industry. However, the Securities and Exchange Commission (SEC) said it has not yet approved spot bitcoin ETFs and its account on X, the platform formerly known as Twitter, had been compromised briefly by an unknown party after about 4 p.m. Eastern time (2100 GMT). The "unauthorized access has been terminated," the agency said.

Investors appear convinced that major Western central banks are close to a much awaited pivot, from raising interest rates to cutting them. Markets rallied as a result, but 2024 could hold surprises...

Investors appear convinced that major Western central banks are close to a much awaited pivot, from raising interest rates to cutting them. In the United States, for example, investors are now effectively positioned for the Federal Reserve guiding the economy to a perfect landing, bringing down inflation without triggering a recession. But many investors and executives think the probability is low.

As bonds emerge from a historic selloff, some investors expect better times in the U.S. fixed income market next year - as long as the Federal Reserve’s rate cuts play out as anticipated. ... -December 29, 2023 at 04:33 pm EST - MarketScreener

When Ted Pick takes over as the new CEO of Morgan Stanley next week, the three-decade bank veteran's frank manner and steady hand will help him steer the firm through a dealmaking slump. Pick's cool head in difficult situations is an asset, said Tom Glocer, Morgan Stanley's independent lead director since 2017 and former Reuters CEO. "The great sin that gets people into super trouble at banks is the trader's instinct to hold on (to losing positions)... Ted has that ability to be disciplined" and take action, Glocer said.