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Crypto

Crypto News: Bitcoin Is Building a Bottom but Still Lags Wall Street. Have Whales Stopped Selling?
Key takeaways Bitcoin’s largest holders have shifted from selling to accumulation after offloading roughly $40 billion worth of BTC since…
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Markets

US Inflation Slows as Core CPI Matches Forecast at 2.5%
US Annual Core Inflation Matches Forecasts at 2.5% The US core inflation rate, excluding volatile food and fuel costs, eased…
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Economics

US CPI in line with estimates! EURUSD muted!
US CPI YoY Actual 3.4% (Forecast 3.4%, Previous 3.5%) US Core CPI YoY Actual 2.5% (Forecast 2.5%, Previous 2.6%) Source:…
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Markets

Morgan Stanley Issues a “Space-Age” Forecast for SpaceX. Norges Bank Reveals Its Position
SpaceX is up just under 1% ahead of the U.S. market open after Norges Bank disclosed a position of 7.3…
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Markets

Why is the Japanese Yen stuck near 159.25 after the first joint US-Japan intervention since 2011?
The Japanese Yen (JPY) continues to navigate complex market dynamics, consolidating near the 159.25 level against the US Dollar (USD) following a sharp upward…
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Markets

Are Geopolitical Sentiments Shifting Again? European Stocks Await CPI
The main European stock market indices have opened calmly today and are trading close to their benchmark levels, consolidating around…
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Metals

Steel Rebounds from 1-Year Low
Steel rebar futures in China rose above CNY 3,000 per tonne, rebounding from the one-year low of CNY 2,085 on…
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Banks

Euro: Soft US CPI could support gains against US Dollar – ING
Chris Turner at ING notes EUR/USD remains lacklustre despite better Eurozone data and upside surprises, as high European natural gas…
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Markets

USD/JPY Nearing 160
The Japanese currency has weakened by 1% against the dollar this week. It has been two weeks since the record…
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Banks

Canadian Dollar: Looks to extend recovery against US Dollar – Societe Generale
Societe Generale’s Kenneth Broux highlights that the Canadian Dollar has recovered to its strongest level in two months, with USD/CAD mean‑reverting to…
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