Invesco has hired a BlackRock ETF trading executive to lead its ETF capital markets team in the Americas. Key Takeaways: Tim Clavin moves to Invesco after about two years at BlackRock and nearly a decade at Vanguard. Eq…
Early trading shows the Dow down around 0.3%. The S&P 500 is nearly unchanged. The Nasdaq is inching higher. This comes after yesterday’s pullback, when both the S&P 500 and Nasdaq retreated from record highs. Rising oi…
ING’s James Knightley and Coco Zhang argue that US manufacturing is finally reviving after years of stagnation, helped by reshoring narratives, AI-driven investment and defence spending. They forecast US manufacturing v…
The Mexican Peso (MXN) extends its losses against the US Dollar (USD) on Thursday after the Bank of Mexico (Banxico) held the benchmark interest rate unchanged at 6.50%, disregarding the interest rate differential as a …
NZD/USD trades around 0.5655 at the time of writing on Thursday, down 0.30% on the day. However, the pair limits its losses as the New Zealand Dollar (NZD) benefits from a sharp increase in expectations of further monet…
EUR/USD traded in the 1.1375 to 1.1385 band on Thursday, extending its slide for a third straight session and printing its lowest level since July 28 during the Asian session. The pair has now fallen in seven of the pas…
Ethereum traded at $2,646.52 at 7:33 a.m. ET on Thursday, down from a $2,684.09 open that was already 2.5% below Wednesday's opening level. The move extends a pullback that started when ETH stalled at $2,786 on its late…
The France-based semiconductor company has fully unwound a Bitcoin treasury that once held more than 3,200 BTC as more firms scale back crypto holdings.
Commerzbank’s Chief Economist Dr. Jörg Krämer notes that leading indicators such as the Ifo business climate index and PMIs have surprised to the upside, showing the German economy’s resilience to high energy prices and…
The action filed by state lawmakers followed a similar lawsuit against prediction markets company Kalshi in July that alleged the platform was running an illegal gambling operation.
Ethereum traded at $2,646.52 at 7:33 a.m. ET on Thursday, down from a $2,684.09 open that was already 2.5% below Wednesday's opening level. The move extends a pullback that started when ETH stalled at $2,786 on its late…
Global oil prices have once again posted a steep increase. The surge reflects mounting concerns over disruptions to global crude supplies after Saudi Arabia’s East-West Pipeline, a critical alternative export route, was…
The US Dollar (USD) has traded with gains for the fourth consecutive day on Thursday, managing to revisit levels last seen in late July. In the meantime, further tightening by the Fed remains at the centre of almost eve…
The late July joint intervention by the U.S. and Japan to support the yen signals escalating concerns regarding global funding stability. While the yen historically serves as a low-cost funding vehicle for global carry …
Bitcoin traded near $84,490 Thursday, down from the $87,397 high it touched Monday, as traders price in higher odds that the Federal Reserve raises rates again next month.
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