Our detailed market analysis is being prepared and will be published here soon — stay tuned for insights and trends.
1945 ET - Japanese stocks may remain rangebound amid caution ahead of the Fed's policy decision later Wednesday. Nikkei futures are up 0.3% at 63480 on the SGX. The dollar is at 155.19 yen, compared with Y154.77 as of Tuesday's Tokyo stock market close. Investors are focusing on developments in the …
Bitcoin traded at $78,500 as the Japanese yen breached 160 per dollar in Tokyo trading, while a U.S. strike on Iran’s Larak Island added to market uncertainty. All these follow Friday’s broad dollar advance and hawkish remarks from Warsh at Jackson Hole, which lifted expectations for a Federal Reser…
Prediction markets have become one of the fastest-growing fronts in US trading, and sports contracts are now at the center of a legal fight over regulatory control.On July 31, New York sued in state court, seeking more than $36 billion in damages and an order barring the exchange from offering even…
CANBERA (dpa-AFX) - Unresolved tensions between the U.S. and Iran kept sentiment in global markets cautious and crude oil prices volatile. Markets continued to speculate on the impact of the recent doubling of bond buyback by the U.S. Treasury. Concerns about inflation, the fiscal deficit as well as…
The central bank's draft rules recognise digital currencies as capital, but treat anything outside its approved perimeter as pure risk.The Bank of Russia published the draft instruction on 14 August, setting out how brokers, asset managers, forex dealers and standalone digital currency exchange orga…
Bitcoin (BTC) slipped below $64,500 after Monday’s Wall Street open as markets digested more US-Iran uncertainty.Key points:Bitcoin joins US stocks in selling off amid uncertainty over whether the Strait of Hormuz will reopen.The Japanese yen commands attention as it slides back toward historic lows…
Domestic-currency stablecoins intended to curb reliance on dollar-backed tokens could instead make it easier for users to move funds into digital dollars, according to a senior International Monetary Fund (IMF) official.On Friday, IMF First Deputy Managing Director Dan Katz said that once local and …
CANBERA (dpa-AFX) - An unexpected decline in the U.S. non-farm payrolls in July dramatically dragged down rate hike expectations from the Federal Reserve, boosting overall market sentiment.Data for July released on Friday morning by the U.S. Bureau of Labor Statistics showed a decline of 23 thousand…
A Polymarket submarket tied to the question of whether the Israel-Iran ceasefire will hold on August 9 saw its "Yes" probability fall sharply to 65% from 84.5% one hour earlier, a 19.5 percentage point drop. According to ChainCatcher, the sudden move reflects the impact of recent breaking news on th…
CANBERA (dpa-AFX) - The Fed's hawkish pause, Microsoft's upbeat quarterly results, the unabated Middle East hostilities, a retreat in crude oil prices and the slide in shares of Meta Platforms, all swayed global market sentiment.The Federal Reserve, on Wednesday maintained the target range for the f…
Checkout.com won in-principle approval from the Central Bank of the UAE for a stored value facilities licence, the payments company said today (Monday). The clearance covers issuing, which the London-based firm wants to run alongside the acquiring business it already operates in the country.In-princ…
0741 GMT - Asia economies may face higher inflation pressure from elevated oil prices, according to Goldman Sachs in a research note. GS maintains its oil-price forecast of $80 per barrel for Brent in 4Q, although the price can go even higher given renewed U.S.-Iran military strikes and potential fo…