Health stocks had a strong week, with some big firms seeing drugs approved. Eli Lilly (LLY) reportedly neared an agreement to acquire a psychedelics company. United Health Group (UNH) produced a massive earnings beat, a…
SBI Group acquired a majority stake in Singapore-based crypto platform Coinhako, the Japanese financial services conglomerate said on Friday. Coinhako holds a Major Payment Institution license from the Monetary Authorit…
Morning Minute is a daily newsletter written by Tyler Warner. The analysis and opinions expressed are his own and do not necessarily reflect those of Decrypt
The Euro (EUR) records mild losses against the US Dollar (USD) for the second consecutive day on Friday. The EUR/USD pair trades at 1,1430 after being capped at 1.1480 earlier this week, extending the sideways trend, as…
Luxury stocks tanked early Wednesday after Gucci-owner Kering and Hermes reported first-quarter earnings that disappointed investors amid a conflict in the Middle East that is hitting luxury sales.
A macOS malware steals credentials to hijack Telegram sessions, decrypt cryptocurrency wallets or trick users into entering their wallet recovery phrases through fake applications.
Kraken, Bitstamp, 1inch and Bitfinex have all set up shop in the British Virgin Islands — but you might find it tricky to book an on-site meeting with one of their executives.
The University of Michigan (UoM) will release the preliminary estimate of July’s Consumer Sentiment Index on Friday. The UoM report, measuring consumers’ feelings about personal finances, business conditions, and purcha…
When it comes to broad international equities exposure, the sum of the parts is traditionally greater than the whole. Today, however, single-country exposure is also proving that individual parts can deliver a whole lot…
OCBC Bank strategists Sim Moh Siong and Christopher Wong highlight that the US Dollar (USD) remains supported by its yield advantage and safe-haven status, with FX moves still fitting the USD smile framework. They expec…
Romania's annual inflation rate slowed slightly to 10.4% in June from 10.9% in May, according to data published by the National Institute of Statistics (INS) on Monday, July 13. Services recorded the steepest annual pri…
Nordea’s Jan von Gerich expects the European Central Bank to leave policy rates unchanged at the July meeting, describing it as a pause rather than a shift in stance. Lower-than-expected June inflation and volatile Midd…
MUFG’s Derek Halpenny highlights that the Japanese Yen (JPY) remains near cyclical lows, but Government Pension Investment Fund (GPIF) and Japan Trusts flows already show a shift back toward JGBs. He argues that formali…
NZD/USD declines on Friday, trading around 0.5830 at the time of writing, down 0.19% on the day, as investors seek safe-haven assets following a fresh wave of US strikes against Iran. The US Dollar (USD) benefits from t…
Citadel Securities has invested $400 million in Crypto.com at a $20 billion valuation, marking the crypto exchange's first-ever institutional funding round and the latest sign of Wall Street's deepening embrace of digit…
Societe Generale’s Anatoli Anenkov expects no policy change at next week’s European Central Bank (ECB) meeting, with the central bank reiterating its data-dependent, meeting-by-meeting approach. Recent Euro Area data, i…
The digital market has become a central pillar of the global economy. In 2016, the World Bank estimated that digital economic activity was worth approximately $11.5 trillion, accounting for 15.5 percent of global GDP. S…
United Overseas Bank (UOB) strategists Quek Ser Leang and Christopher Wong note GBP/USD has corrected sharply from recent highs near 1.3556 but now looks set to consolidate between 1.3450 and 1.3520 intraday. The 1–3 we…
Bitcoin is testing the $63,000 level, weighed down by a broad retreat from risky assets and persistent selling from long-term holders cashing out at a loss.
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