Bitcoin climbed to near $64,800 on Wednesday, its best session in weeks, after U.S. inflation cooled by more than economists expected and traders abandoned bets that the Federal Reserve would raise rates this month.
Gold (XAU/USD) attracts some sellers after failing to find acceptance above the $4,100 mark the previous day, though it holds above the $4,000 psychological mark during the Asian session on Wednesday. Despite soft US Co…
Norges Bank’s Monetary Policy and Financial Stability Committee decided to keep the policy rate unchanged at 4.5% at its meeting on 18 September. Based on the Committee’s current assessment of the outlook, the policy ra…
Every major card network has signed on to a payment standard built so that software can pay software without a human involved.
Deutsche Bank strategists note that softer United States (US) Consumer Price Index (CPI), gains in chipmakers and strong bank earnings supported US equities despite sharp weakness in software stocks. Asian and European …
Japan’s Prime Minister Sanae Takaichi said on Wednesday that food inflation has decelerated slightly but still remains high.
The United States (US) military's Central Command (CENTCOM) confirms that it conducted another set of strikes against Iran at 10 PM ET on July 14. The CENTCOM said that it struck dozens of military sites near the Strait…
“We are disappointed by this decision and believe it is unfair to Kalshi,” the company’s legal counsel said on X.
China's economy grew at a faster-than-expected rate in the second quarter, keeping the country on track to meet its full-year target of 5% and easing some pressure on policymakers to step up stimulus to underpin growth.
Volkmar Baur at Commerzbank highlights that China’s weak domestic economy and reliance on exports constrain upside for the Chinese Yuan. Despite solid export growth and sizeable trade surpluses, investment and real reta…
EUR/JPY extends its gains for the third successive day, trading around 185.40 during the Asian hours on Wednesday. The currency cross is retaining a mildly bullish tone as it holds above both the nine-period and 50-peri…
AUD/USD extends its gains for the second successive day, trading around 0.6980 during the Asian hours on Wednesday. The pair holds gains as the Australian Dollar (AUD) remains stronger following the release of key econo…
Shares of companies tied to artificial intelligence infrastructure fell Tuesday after a report that OpenAI has fallen short of internal growth expectations, raising fresh questions about whether the pace of spending acr…
The USD/CAD pair loses traction to near 1.4050 during the early European trading hours on Wednesday. Traders expect the US Federal Reserve (Fed) to skip the July rate hike as inflation cools, weighing on the US Dollar (…
Asian equities pushed higher on Monday, extending a tech-led rebound as investors shook off last week’s jitters over artificial intelligence valuations and focused on a fresh batch of bullish semiconductor signals. The …
The US Dollar (USD) underperforms its major currency peers as traders have trimmed Federal Reserve (Fed) interest rate hike expectations for the current year, following the release of the softer-than-expected United Sta…
USD/CHF steadies after registering 0.7% losses in the previous day, trading around 0.8090 during the Asian hours on Wednesday. The pair faced challenges as the US Dollar (USD) lost ground following softer-than-expected …
The miss against forecasts underscores how the Iran-linked oil shock is now compounding, rather than merely coinciding with, China's long-running property downturn, adding a fresh external drag to an already unbalanced …
China’s Deputy Head of the National Bureau of Statistics (NBS) expresses confidence during the Asian market session on Wednesday that the economy remains resilient despite a slowdown in the second quarter this year.
Rio Tinto releases first quarter 2026 production results 21 April 2026 9% YoY CuEq1 growth from our three value-generating, world-leading businesses Rio Tinto Chief Executive Simon Trott said: “Safety is the foundation …
“US Treasury is committed to disrupting and degrading Iran’s illicit financial activities, including its abuse of digital assets,” US Treasury Secretary Scott Bessent said Tuesday.
Even with the Warner Bros. Discovery (WBD) acquisition out of its hair — leaving Paramount Skydance (PSKY) to hold the bag — Netflix, Inc. (NFLX) is struggling this year.
The NZD/USD pair trades in positive territory around 0.5825 during the Asian trading hours on Wednesday. The New Zealand Dollar (NZD) remains firm against the US Dollar (USD) after the Chinese economic data. The attenti…
Gold price (XAU/USD) rises to around $4,050 during the early Asian session on Wednesday. The precious metal rebounds as softer-than-expected US inflation data boosted hopes of the US Federal Reserve (Fed) adopting a le…