The dollar was lower on Monday after US President Joe Biden’s decision not to seek re-election, while the euro gained […]
Market Highlights for the Week: Inflation, Earnings, Oil
A busy week awaits the markets, with US inflation data that could cement expectations of a rate cut in September. […]
US Stocks Mixed, Tech Sector Falls on Geopolitical Fears
US stock markets traded mixed on Wednesday, with major technology stocks suffering a sustained decline on heightened geopolitical tensions. Technology […]
Dollar Falls as Yen Soars on Intervention Rumors, Sterling Gains on UK CPI
The US dollar hit multi-month lows on Wednesday, while the Japanese yen strengthened sharply, and sterling rose to a one-year […]
Bank of America Beats Forecasts with Strong Investment Banking Performance
Bank of America said Tuesday that revenue and earnings in the second quarter beat estimates, supported by higher fees in […]
SEC Publishes Final Instructions for Launching Ether ETFs
The US Securities and Exchange Commission (SEC) has issued final instructions to asset managers preparing to launch ether exchange-traded funds […]
US stock markets rise on rate cuts, bank and retail sales data to be released
U.S. stock futures rose on Tuesday, extending the session’s gains amid rising optimism about possible interest rate cuts, while bets […]
Dollar rallies on Trump’s rise; ECB meeting nears
The US dollar edged higher in early European trading on Tuesday, rebounding from one-month lows, as traders digested the increased […]
Bitcoin ETFs experience the biggest inflows in a month in the midst of a positive streak
US spot Bitcoin exchange-traded funds (ETFs) are showing signs of recovery despite ongoing price turmoil in the cryptocurrency market. The […]
US stocks rise ahead of Powell’s second day of remarks
US stocks rose slightly on Wednesday, managing to stabilise after new record highs before hearing more comments from Federal Reserve […]