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British Pound (GBP) Latest – BoE Policymaker Warns on Inflation, GBP/USD Analysis
British Pound (GBP) Latest – BoE Policymaker Warns on Inflation, GBP/USD Analysis
Aug 12, 2024
British Pound (GBP) Latest – GBP/USD Analysis BoE hawk Catherine Mann is concerned about wage growth.Sterling's recent revival continues, 200-dsma provides support. Recommended by Nick Cawley Get Your Free GBP Forecast Bank of England MPC policy member Catherine Mann, one of four rate-setters who voted to leave interest rates unchanged at the last central bank meeting, warned this weekend that...
Japanese Yen Latest – USD/JPY Stable as Japanese Rate Hike Bets Pushed Back
Japanese Yen Latest – USD/JPY Stable as Japanese Rate Hike Bets Pushed Back
Aug 8, 2024
Japanese Yen Latest – USD/JPY USD/JPY trading on either side of 146.00Inflation has shown steady progress towards target.The ‘likelihood of achieving the inflation target has increased further’ and further upward pressure is expected, according to the latest Bank of Japan Summary of Opinions. ‘Assuming that the price stability target will be achieved in the second half of fiscal 2025, the...
Nasdaq 100, Dow and Dax Continue to Rebound​​​​​​​
Nasdaq 100, Dow and Dax Continue to Rebound​​​​​​​
Aug 12, 2024
​​​Nasdaq 100 looks for more gains ​The index finished up on the week, having rallied back above 18,000 as well as holding above the 200-day SMA.​For the moment the buyers remain in control, having lifted the index from its lows. Further gains target 19,000 and then the late July high at 19,500. A close back below 18,000 might signal that...
Bitcoin (BTC) Testing Technical Resistance, Gold (XAU) Nudging Higher
Bitcoin (BTC) Testing Technical Resistance, Gold (XAU) Nudging Higher
Aug 9, 2024
Bitcoin (BTC) Testing Technical Resistance, Gold (XAU) Nudging Higher Bitcoin rally hits moving average resistance.Gold within $60/oz. of posting a fresh all-time high. Recommended by Nick Cawley Building Confidence in Trading For all high importance data releases and events, see the DailyFX Economic Calendar Bitcoin has recovered all this week’s losses and is back at levels seen just before last...
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Traders Eye Jobs Data as US Equity Futures Decline Pre-Bell
Traders Eye Jobs Data as US Equity Futures Decline Pre-Bell
Aug 1, 2025
08:14 AM EDT, 08/01/2025 (MT Newswires) -- US equity futures were lower pre-bell Friday as traders looked ahead to a deluge of economic data, including the crucial monthly jobs report. Dow Jones Industrial Average futures were 0.9% lower, S&P 500 futures were down 1%, and Nasdaq futures were 1.1% lower. Oil prices were lower, with front-month global benchmark North Sea...
Exchange-Traded Funds, Equity Futures Lower Pre-Bell Friday Amid Revived Trade War Fears
Exchange-Traded Funds, Equity Futures Lower Pre-Bell Friday Amid Revived Trade War Fears
Aug 1, 2025
08:18 AM EDT, 08/01/2025 (MT Newswires) -- The broad market exchange-traded fund SPDR S&P 500 ETF Trust ( SPY ) was down 0.8% and the actively traded Invesco QQQ Trust (QQQ) was 1% lower in Friday's premarket activity amid revived fears of a trade war. US stock futures were also lower, with S&P 500 Index futures down 1.1%, Dow Jones...
Stocks Fall Pre-Bell as Trump Announces New Tariffs; Traders Await Key Jobs Report
Stocks Fall Pre-Bell as Trump Announces New Tariffs; Traders Await Key Jobs Report
Aug 1, 2025
07:37 AM EDT, 08/01/2025 (MT Newswires) -- The benchmark US stock measures fell before Friday's open after President Donald Trump announced sweeping new reciprocal tariff rates on several countries, while investors await the national employment situation report for July. The S&P 500 fell 1%, the Dow Jones Industrial Average declined 0.9% and the Nasdaq was off 1.1% in premarket activity....
T. Rowe Price quarterly profit beats estimates on boost from market rally
T. Rowe Price quarterly profit beats estimates on boost from market rally
Aug 1, 2025
Aug 1 (Reuters) - Asset manager T. Rowe Price ( TROW ) beat second-quarter profit expectations on Friday as a rebound in equities boosted its assets under management and softened the hit from outflows. WHY IT'S IMPORTANT Stock markets bounced back sharply in the second half of the quarter after tariff-driven turmoil in April as progress on trade negotiations eased...
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US junk debt investors cautious of leveraged loans as economy slows
US junk debt investors cautious of leveraged loans as economy slows
Aug 14, 2024
Aug 14 (Reuters) - Leveraged loan deals are expected to pick back up after a stabilization in markets over the past week, although some investors say they are cautious about junk-rated loans if the economy weakens. Borrowers pulled back on leveraged loan deals last week, following disappointing jobs data on Aug. 1 and Aug. 2 that raised forecasts for aggressive...
Ethereum Set for Overhaul of Crucial Programming Standard With 'EVM Object Format'
Ethereum Set for Overhaul of Crucial Programming Standard With 'EVM Object Format'
Aug 14, 2024
The new EVM Object Format (EOF) proposal aims to make the de facto industry standard Ethereum Virtual Machine more developer-friendly.Concerns were raised by some developers that the risk of implementing the proposal weren't worth the benefits.Ethereum developers are steering toward an upgrade that could bring the most fundamental changes in the network's programming environment since the original smart-contracts blockchain shook...
Tencent's Q2 revenue up 8% on recovery in game business
Tencent's Q2 revenue up 8% on recovery in game business
Aug 14, 2024
BEIJING (Reuters) - China's Tencent Holdings ( TCTZF ) reported a 8% rise in second-quarter revenue on Wednesday, driven by a recovery in its gaming business after a launch of a new mobile game in May that got off to a strong start. The world's largest video game company and operator of the WeChat messaging platform said revenue reached 161.12...
Australian regulator sues ASX over alleged false statements on CHESS platform progress
Australian regulator sues ASX over alleged false statements on CHESS platform progress
Aug 13, 2024
(Reuters) -Australia's corporate regulator said on Wednesday it was suing the country's bourse operator ASX Ltd for making deceptive statements regarding the timeline to replace its trading platform Clearing House Electronic Subregister System (CHESS). The Australian Securities and Investments Commission (ASIC) alleged ASX's statements that claimed the replacement of the CHESS platform remained on-track for go-live in April 2023 and...
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Trump Seen as Pro
Trump Seen as Pro
Jun 28, 2024
The highlight anticipated presidential debate between Donald Trump and Joe Biden did not feature any discussion about Bitcoin or crypto. This was notable given how much attention the industry has garnered this year. Despite this, experts believe that if Trump were re-elected, it could signal a shift toward more favorable regulatory conditions for the crypto industry in the US. Trump...
Yield App Suspends Operations Citing Portfolio Losses Linked to FTX Collapse
Yield App Suspends Operations Citing Portfolio Losses Linked to FTX Collapse
Jun 28, 2024
Yield App Ltd, a Seychelles-incorporated crypto investment platform, has announced the immediate suspension of all operations on its digital wealth platform, yield.app. This move comes as the company prepares to enter liquidation proceedings and aims to ensure fair and equal treatment for all users and stakeholders. Yield App Stops Operations The decision, effective today, was shared in an official statement...
Crypto Analyst Compares 2024 to 1995, Forecasts Bitcoin Bubble on the Horizon
Crypto Analyst Compares 2024 to 1995, Forecasts Bitcoin Bubble on the Horizon
Jun 28, 2024
There will be no sharp correction following any potential interest rate cuts by the U.S. central bank in September or November. This is the prediction from analyst ‘RamenPanda’ who explained their thinking in a lengthy post on X on June 27. The analyst noted that during times of financial crisis, such as in 2008, the Fed cuts rates to preserve...
Reduced Bitcoin Miner Sell
Reduced Bitcoin Miner Sell
Jun 28, 2024
Bitcoin miners have been one of the key players causing market declines as they engaged in intense selling after the latest halving event which slashed the mining rewards from 6.25 to 3.125 BTC earlier this year. However, the latest data suggest that the selling pressure from these entities has significantly decreased. Such a trend could potentially bolster the assets price...
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