Managing digital assets such as Bitcoin or Ethereum with flexibility and on-demand accessibility—this is precisely what hot wallets provide. Available on smartphones, desktops, and browsers, these digital wallets simplify cryptocurrency use. However, this convenience comes with heightened exposure to security risks. This guide outlines everything you need to know about hot wallets: their core functions, […]
Today’s stocks to watch: Nvidia, MongoDB, and Okta
Key Points to Watch Out For: Nvidia (NVDA): Results due after the close The AI chip leader, currently the world’s most valuable company, is set to report earnings after market close. Shares posted modest gains in premarket trading, while other semiconductor stocks such as AMD and Intel also advanced. Cracker Barrel Old Country Store (CBRL): […]
U.S. stock futures rise slightly prior to the release of Nvidia’s results
U.S. stock index futures posted slight gains on Wednesday as investors awaited quarterly results from AI bellwether Nvidia. At 06:00 ET (10:00 GMT), Dow Jones Futures rose 27 points, or 0.1%, S&P 500 Futures gained 5 points, or 0.1%, and Nasdaq 100 Futures added 6 points, or 0.1%. Major indices closed higher on Tuesday, supported […]
Dollar recovers against worries over Fed independence; euro drops
The U.S. dollar strengthened on Wednesday, though gains were capped by renewed worries over Federal Reserve independence following President Donald Trump’s bid to oust Governor Lisa Cook. At 05:25 ET (09:25 GMT), the Dollar Index, which tracks the greenback against six major currencies, traded 0.4% higher at 98.487, rebounding from early-week losses. Fed independence questioned […]
Market Commentary 2025-08-27
Daily market commentary featuring timely analysis of price action and economic events. Stay informed with expert observations on the themes shaping global markets.
Daily Technical Analysis EUR/USD: Steady Below 1.1650 Amid Political Uncertainty
The EUR/USD pair traded within a narrow range on Wednesday, holding above the 1.1600 level but failing to build on an intraday high near 1.1660. On Tuesday afternoon in North America, the pair hovered around 1.1630 with no clear directional bias. Political Headlines Weigh on Market Sentiment Market sentiment struggled to remain positive after fresh […]
Market today: Cook’s removal rattles investor sentiment
Wall Street recovered on Tuesday after a sharp overnight drop sparked by former President Donald Trump’s announcement of Federal Reserve Governor Lisa Cook’s dismissal. Posted on social media late Monday, the move reignited concerns over the Fed’s independence from the executive branch and sent a jolt through global markets. At the open, U.S. stocks hovered […]
Trump Dismisses Fed Governor Lisa Cook in Unprecedented Central Bank Shake-Up
Lisa Cook, appointed by President Biden and the first Black woman to serve on the Federal Reserve Board, has become the first sitting governor in modern history to be removed by a president. Trump Invokes Rare Removal Statute President Donald Trump invoked a seldom-used statute permitting removal “for cause,” citing allegations of mortgage fraud as […]
Today’s stocks to watch: Interactive Brokers and Okta
Key Points to Watch Out For: Interactive Brokers (IBKR): S&P 500 inclusion The online brokerage saw its stock rise about 4% in premarket trading after confirmation of its addition to the S&P 500. Meanwhile, Robinhood was excluded from the index and slipped back. The announcement came before the market opened. Société Générale (GLE): French political […]
U.S stock futures fall; Cook’s dismissal raises doubts over Fed independence
U.S. stock index futures slipped on Tuesday following President Donald Trump’s abrupt dismissal of Federal Reserve Governor Lisa Cook, fueling concerns over the central bank’s independence. At 05:55 ET (09:55 GMT), Dow Jones Futures declined 70 points, or 0.2%, S&P 500 Futures lost 6 points, or 0.1%, and Nasdaq 100 Futures eased 19 points, or […]