The US dollar traded flat on Tuesday in the European trading session, while the yen surged on suspicions of government […]
Asia’s First Bitcoin Inverse ETF to Launch in Hong Kong
Hong Kong is set to host Asia’s first exchange-traded fund (ETF) that will allow investors to bet against Bitcoin. CSOP […]
US Stock Markets Rise: Biden Withdraws His Presidential Bid and Tech Results Take Shape
US stock indices rose on Monday following President Joe Biden’s announcement that he is withdrawing his re-election bid. The markets […]
Dollar Falls on Biden Withdrawal, Euro Bounces Back After Losses
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 […]