North Dakota Proposes Resolution for Digital Assets and Precious Metals Investment
2 months ago

The North Dakota legislature has proposed a significant resolution, known as Resolution 3001, which aims to strategically invest a portion of state funds in digital assets and precious metals. This proactive measure is designed to diversify the state’s investment portfolio as a response to rising inflation, demonstrating a commitment to securing the financial stability of North Dakota.

The resolution highlights the necessity of managing state financial resources judiciously in light of shifting economic landscapes and emerging investment opportunities. Notably, while the resolution promotes the idea of investing in digital assets, it stops short of directly referencing Bitcoin, which has become a focal point in discussions around cryptocurrency investments.

This legislative initiative has garnered support from several key figures in the North Dakota legislature. Representatives Nathan Toman, Matthew Heilman, Jared Hendrix, Daniel Johnston, SuAnn Olson, and Todd Porter have all played pivotal roles in advocating for this resolution, alongside Senators Jeff Barta and Bob Paulson.

Their collaborative efforts reflect a growing recognition of the potential benefits that digital currencies and precious metals can bring to state finances. In a parallel development, New Hampshire has made headlines with its own legislative move, introducing a bill aimed at establishing a 'strategic Bitcoin reserve.' This indicates an emerging trend among U.S.

states to embrace innovative financial instruments as they seek to bolster their economic resilience..

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Economic Calendar

Consumer Price Index m/m
2025-03-14 07:00:00
Actual
0.3%
Forecast
Previous
0.2%

The Consumer Price Index describes the price development of goods and services purchased in Finland by households resident in Finland.

Consumer Price Index y/y
2025-03-14 07:00:00
Actual
0.5%
Forecast
Previous
0.7%

The Consumer Price Index describes the price development of goods and services purchased in Finland by households resident in Finland.

Construction Output m/m
2025-03-14 08:00:00
Actual
Forecast
Previous
-0.2%

Construction output is a monthly estimate of the output of the construction industry in both the private and public sectors.

Construction Output y/y
2025-03-14 08:00:00
Actual
Forecast
Previous
1.5%

Construction output is a monthly estimate of the output of the construction industry in both the private and public sectors.

Industrial Production y/y
2025-03-14 08:00:00
Actual
Forecast
Previous
-1.9%

The Industrial Production index measures the volume of production of the manufacturing, mining and quarrying, and energy supply industries, which covered 18.

Industrial Production m/m
2025-03-14 08:00:00
Actual
Forecast
Previous
0.5%

The Industrial Production index measures the volume of production of the manufacturing, mining and quarrying, and energy supply industries, which covered 18.

Manufacturing Production m/m
2025-03-14 08:00:00
Actual
Forecast
Previous
0.7%

The Index of Manufacturing Production covers the 13 sub-sectors of manufacturing and these are aggregated to form the resulting monthly manufacturing output time series.

Manufacturing Production y/y
2025-03-14 08:00:00
Actual
Forecast
Previous
-1.4%

The Index of Manufacturing Production covers the 13 sub-sectors of manufacturing and these are aggregated to form the resulting monthly manufacturing output time series.

Visible Trade Balance
2025-03-14 08:00:00
Actual
Forecast
Previous
-17.45 B GBP

It represents the difference between imports and exports of goods.

Trade Balance Non EU
2025-03-14 08:00:00
Actual
Forecast
Previous
-6.10 B GBP

A gauge of Britain's trade with countries outside of Europe.

Unemployment Rate
2025-03-14 08:00:00
Actual
Forecast
Previous
10.4%

Up to and including March 2005, data refers to all persons of working age who during the reference week were not employed, but were willing and able to work and had looked for work (or would have looked for work if they had not been temporarily prevented from doing so) during the last four weeks.

Final Consumer Price Index m/m
2025-03-14 08:00:00
Actual
Forecast
0.4%
Previous
-0.2%

The consumer price index for Germany measures the average price change for all goods and services purchased by households for consumption purposes.

Final Consumer Price Index y/y
2025-03-14 08:00:00
Actual
Forecast
2.3%
Previous
2.3%

The consumer price index for Germany measures the average price change for all goods and services purchased by households for consumption purposes.

Final Harmonized Index of Consumer Prices y/y
2025-03-14 08:00:00
Actual
Forecast
2.8%
Previous
2.8%

The Harmonized Index of Consumer Prices is used to measure inflation in the context of international, mostly inner-European comparisons.

Final Harmonized Index of Consumer Prices m/m
2025-03-14 08:00:00
Actual
Forecast
0.6%
Previous
-0.2%

The Harmonised Index of Consumer Prices is used to measure inflation in the context of international, mostly inner-European comparisons.

Wholesale Price Index m/m
2025-03-14 08:00:00
Actual
Forecast
Previous
0.9%

The index of selling prices in wholesale trade measures - on a representative basis - the development of prices of goods sold by wholesalers within Germany to the extent that such sales are included under wholesale, such as contracts concluded with resellers, processors or other bulk purchasers.

Wholesale Price Index y/y
2025-03-14 08:00:00
Actual
Forecast
Previous
0.9%

The index of selling prices in wholesale trade measures - on a representative basis - the development of prices of goods sold by wholesalers within Germany to the extent that such sales are included under wholesale, such as contracts concluded with resellers, processors or other bulk purchasers.

Consumer Price Index m/m
2025-03-14 08:45:00
Actual
Forecast
0.2%
Previous
0.1%

The Consumer Price Index is the official instrument for measuring inflation.

Consumer Price Index y/y
2025-03-14 08:45:00
Actual
Forecast
0.8%
Previous
1.7%

The Consumer Price Index is the official instrument for measuring inflation.

Harmonized Index of Consumer Prices y/y
2025-03-14 08:45:00
Actual
Forecast
0.9%
Previous
0.9%

The coverage of the Harmonised Index of Consumer Prices is defined in terms of 'household final monetary consumption expenditure', by reference to the national accounts concept of the European System of Accounts.

Harmonized Index of Consumer Prices m/m
2025-03-14 08:45:00
Actual
Forecast
0.0%
Previous
-0.2%

The coverage of the Harmonised Index of Consumer Prices is defined in terms of 'household final monetary consumption expenditure', by reference to the national accounts concept of the European System of Accounts.

Final Consumer Price Index y/y
2025-03-14 09:00:00
Actual
Forecast
3.0%
Previous
2.9%

The Consumer Price Index (CPI) is a statistical measure of the evolution of the prices of goods and services consumed by the population that reside in family dwellings in Spain.

Consumer Price Index m/m
2025-03-14 09:00:00
Actual
Forecast
0.4%
Previous
0.2%

The Consumer Price Index (CPI) is a statistical measure of the evolution of the prices of goods and services consumed by the population that reside in family dwellings in Spain.

Final Harmonized Index of Consumer Prices y/y
2025-03-14 09:00:00
Actual
Forecast
2.9%
Previous
2.9%

The Harmonised Index of Consumer Prices (HICP) is a statistical indicator whose objective is to provide a common measurement of inflation which facilitates carrying out international comparisons and therefore examines compliance with fulfilment of the Maastricht Treaty demands for entrance into European Monetary Union.

Harmonized Index of Consumer Prices m/m
2025-03-14 09:00:00
Actual
Forecast
0.4%
Previous
-0.1%

The Harmonised Index of Consumer Prices (HICP) is a statistical indicator whose objective is to provide a common measurement of inflation which facilitates carrying out international comparisons and therefore examines compliance with fulfilment of the Maastricht Treaty demands for entrance into European Monetary Union.

Industrial Production m/m
2025-03-14 10:00:00
Actual
Forecast
Previous
-3.1%

Industrial production refers to the volume of output generated by production units classified under the industrial sectors.

Industrial Production y/y
2025-03-14 10:00:00
Actual
Forecast
Previous
-7.1%

Industrial production refers to the volume of output generated by production units classified under the industrial sectors.

M2 Money Supply y/y
2025-03-14 10:00:00
Actual
Forecast
7.0%
Previous
7.0%

Money Supply is the aggregate amount of monetary assets available in a country at a specific time.

New Loans
2025-03-14 10:00:00
Actual
Forecast
1275 B Yuan
Previous
5130 B Yuan

They represent the value of new yuan-denominated loans issued to consumers and businesses during the previous month.

Wholesale Sales m/m
2025-03-14 13:30:00
Actual
Forecast
1.8%
Previous
-0.2%

This survey presents estimates of monthly sales levels for wholesale merchants in Canada, each province and territory.

Preliminary University of Michigan Confidence
2025-03-14 15:00:00
Actual
Forecast
Previous
64.7

Consumer confidence surveys measure individual households' level of confidence in the economy's performance.

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