The U.S. dollar traded mostly steady on Tuesday in a volatile session, after U.S. President Donald Trump announced the dismissal of Fed Governor Lisa Cook, marking his latest challenge to the Federal Reserve’s independence. At 04:35 ET (08:35 GMT), the Dollar Index, which measures the greenback against six major peers, stood flat at 98.320, recovering […]
Japan’s finance minister, Katsunobu Kato, stated that cryptocurrencies merit inclusion in investment portfolios, while emphasizing the government’s commitment to establishing a secure and transparent trading environment for the sector. Kato highlighted the role of cryptocurrencies in diversified portfolios during his keynote address at the Web3 WebX 2025 Conference in Tokyo, according to a Bloomberg Japan […]
Key Points to Watch Out For: Keurig Dr Pepper (KDP) and JDE Peet’s (JDEP): $18B Acquisition Keurig Dr Pepper announced an $18 billion deal to acquire the owner of Peet’s Coffee, ahead of the planned spin-off of its coffee brands. JDE Peet’s shares surged 17% on the news, while Keurig Dr Pepper slipped 2% in […]
U.S. stock index futures edged lower in premarket trading Monday, following sharp gains on Wall Street after dovish remarks from Federal Reserve Chair Jerome Powell signaled the prospect of near-term interest rate cuts. Investor attention this week is firmly on earnings from artificial intelligence leader NVIDIA Corporation (NVDA), widely seen as a key indicator for […]
Key Points to Watch Out For: Lowe’s (LOW), TJX (TJX), Target (TGT) and Analog Devices (ADI): Reports before the open Lowe’s is set to release results before the bell. TJX, the parent of T.J. Maxx, will also report ahead of the open. Target is due to publish its earnings before the open, as is Analog […]
U.S. stock index futures slipped slightly on Wednesday as investors remained risk-averse ahead of key economic signals and central bank commentary from this week’s Jackson Hole Symposium. At 05:40 ET (09:40 GMT), Dow Jones futures were down 72 points, or 0.2%, S&P 500 futures fell 7 points, or 0.1%, and Nasdaq 100 futures declined 33 […]
The U.S. dollar edged higher on Wednesday as traders looked ahead to the release of the Federal Reserve’s July meeting minutes, followed by the annual Jackson Hole symposium, both expected to provide fresh signals on the central bank’s monetary policy outlook. At 04:55 ET (08:55 GMT), the Dollar Index, which tracks the greenback against six […]
Key Points to Watch Out For: Intel (INTC): SoftBank Investment and Possible U.S. Stake Shares gained 6% in premarket trading after SoftBank agreed to invest $2 billion. The announcement coincides with reports of a potential U.S. government bailout that could involve a 10% ownership stake. SoftBank shares slipped 4% in Tokyo following the news. Medtronic […]
The U.S. Securities and Exchange Commission (SEC) has once again delayed rulings on multiple cryptocurrency exchange-traded fund (ETF) applications, moving most deadlines into October 2025. The extensions affect filings tied to Bitcoin, Ethereum, Solana, XRP, Litecoin, and Dogecoin, underscoring the regulator’s cautious approach as it evaluates how to integrate digital assets into the broader financial […]
U.S. stock index futures were little changed Tuesday, with investors holding back ahead of the Federal Reserve’s Jackson Hole Symposium and a wave of retail earnings later this week. At 05:50 ET (09:50 GMT), Dow Jones Futures edged up 10 points, or 0.1%, while S&P 500 Futures dipped 3 points, or 0.1%, and Nasdaq 100 […]
