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ECB holds rates unchanged at three-year nadir
ECB holds rates unchanged at three-year nadir
Jul 25, 2025
The European Central Bank has just announced its interest rate decision following the July 2324 meeting, leaving rates unchanged at 2.15% the lowest level since October 2022, in line with most market expectations. This decision follows a previous rate cut, marking the seventh consecutive reduction. Policymakers at the ECB opted to pause further easing to assess the impact of recent...
Yen extends gains to two-week high amid political uncertainty in Japan
Yen extends gains to two-week high amid political uncertainty in Japan
Jul 23, 2025
The Japanese yen rose in Asian markets on Thursday against a basket of major and minor currencies, extending its gains for a fourth consecutive day against the US dollar and reaching its highest level in two weeks, as safe-haven buying of the currency gained momentum amid political uncertainty in Japan. Local media reports indicated that Prime Minister Shigeru Ishiba was...
Euro gives up two-week high before ECB meeting
Euro gives up two-week high before ECB meeting
Jul 22, 2025
The euro declined in European markets on Wednesday against a basket of global currencies, retreating from a two-week high versus the US dollar. The currency is on track for its first loss in four sessions, driven by profit-taking and a rebound in the US dollar following a major trade deal between the US and Japan. Later today, markets await the...
US dollar reverses higher, yen swings after America-Japan trade deal
US dollar reverses higher, yen swings after America-Japan trade deal
Jul 23, 2025
Market attention on Wednesday centered on the Japanese yen, which saw sharp fluctuations as traders assessed the impact of the newly announced US-Japan trade deal and speculated over the future of Prime Minister Shigeru Ishiba. The yen initially surged to its strongest level since July 11 at 146.20 per dollar, supported by President Donald Trump's announcement of a trade agreement...
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Deutsche Telekom's core profit grows in Europe, lifts cash flow target
Deutsche Telekom's core profit grows in Europe, lifts cash flow target
Aug 7, 2024
Aug 8 (Reuters) - Deutsche Telekom reported a 7.8% increase in its second quarter core earnings on Thursday, in line with analysts' consensus, boosted by strong growth in its Europe division that excludes Germany. Telekom, which is Europe's biggest telecoms provider by market capitalisation and also owns T-Mobile US ( TMUS ) in the United States, posted adjusted earnings before...
Demystifying Astera Labs: Insights From 9 Analyst Reviews
Demystifying Astera Labs: Insights From 9 Analyst Reviews
Aug 7, 2024
Astera Labs ( ALAB ) has been analyzed by 9 analysts in the last three months, revealing a diverse range of perspectives from bullish to bearish. In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months. Bullish Somewhat Bullish Indifferent Somewhat Bearish...
Siemens quarterly profit beats market view on electrification, software
Siemens quarterly profit beats market view on electrification, software
Aug 7, 2024
FRANKFURT (Reuters) - German industrial gear maker Siemens posted better-than-expected earnings growth during the April-to-June quarter, buoyed by customers who are upgrading their electricity infrastructure and by demand for production software. For its fiscal third quarter, Siemens on Thursday reported an 11% increase in operating profit before certain items to 3.0 billion euros ($3.3 billion), beating the average analyst forecast...
China's drivers fret as robotaxis pick up pace - and passengers
China's drivers fret as robotaxis pick up pace - and passengers
Aug 7, 2024
WUHAN, Aug 8 (Reuters) - Liu Yi is among China's 7 million ride-hailing drivers. A 36-year-old Wuhan resident, he started driving part-time this year when construction work slowed in the face of a nationwide glut of unsold apartments. Now he predicts another crisis as he stands next to his car watching neighbours order driverless taxis. Everyone will go hungry, he...
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AAVE Down 13% Weekly: Here’s the Key Bounce Zone
AAVE Down 13% Weekly: Here’s the Key Bounce Zone
Jul 25, 2025
TL;DR AAVE eyes $270 support after a sharp pullback, aligning with key Fibonacci and volume levels. RSI drops to 44.12, suggesting weakening momentum as the price nears lower Bollinger Band support. Aave leads DeFi growth, adding $15B TVL and preparing new launch on Kraken’s Ink chain. AAVE Price Approaches Potential Support Aave (AAVE) is trading around $284 after a painful...
2 Exciting Updates for Pi Network’s Pi Wallet Users: Full Details Inside
2 Exciting Updates for Pi Network’s Pi Wallet Users: Full Details Inside
Jul 25, 2025
TL;DR The Pi Network Core Team has introduced two new features for the projects Pi Wallet, which will provide more seamless procedures for buying and mining the underlying asset. One of the accounts dedicated to covering Pi news claimed that new functions are coming next, allowing direct access to exchanges. Pi Wallets New Updates The projects Pi Wallet operates as...
Ripple’s XRP Crashes Double Digits – $90M in Long Positions Wiped Out
Ripple’s XRP Crashes Double Digits – $90M in Long Positions Wiped Out
Jul 23, 2025
Most altcoins have headed south over the past several hours, and the second-largest is no exception. XRP, which was among the top performers until yesterday evening, has plunged by double-digits to a new weekly low. As such, it has caused substantial losses to over-leveraged traders, even more than BTC. XRPUSD. Source: TradingView What goes up, must come down, right? This...
Ethereum Spot Volumes Eclipse Bitcoin’s as Altseason Heats Up
Ethereum Spot Volumes Eclipse Bitcoin’s as Altseason Heats Up
Jul 23, 2025
First time in over a year, Ethereum spot trading volume is greater than Bitcoin’s, reported CryptoQuant on Wednesday. Last week, ETH spot trading hit $25.7 billion compared to $24.4 billion for Bitcoin, it added, noting that this pushed the ETH/BTC spot volume ratio above 1 for the first time since June 2024. “Investors are rotating to ETH and altcoins,” analysts...
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