More on the cyclicals rally

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For years, observers have questioned why people would use DeFi when centralised exchanges are often faster and cheaper.

Decentralised exchanges, by contrast, require no custody thanks to the blockchain-based innovation of the automated market maker.

Similarly, the Citigroup Economic Surprise index, which tracks the degree to which data is coming in ahead of forecasts, was deeply negative in June and July, ripped upwards in August and September and has remained in modestly positive territory since.

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Article Details

Author / Journalist: Robert Armstrong

Category: MarketsFinanceInvesting

Markets: United StatesChina

Topics: Defi Market Code Data Finance Decentralised Crypto Rally Exchanges Economic Centralised

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-11-29 @ 06:30:47 (3 months ago)

News Timezone: GMT -5:00

News Source URL: ft.com

Language: English

Readers: 53 people read this story

Article Length: 1266 words

Reading Time: 8 minutes read

Sentences: 65 lines

Sentence Length: 20 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Financial Times

News ID: 2026640

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About Financial Times

Main Topics: MarketsFinanceInvesting

Official Website: ft.com

Year Established: 1888

Headquarters: United States

News Last Updated: 11 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #3

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