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Archives by Year:
Trump vows to end hostility toward crypto and promote supportive environment for businesses in the US
Donald Trump has pledged to end hostility toward crypto and keep crypto businesses in the US. His declaration was made at the Trump Cards NFT Gala, an exclusive event for holders of his NFTs, on May 8. “If crypto is moving out of the US because of hostility toward crypto… well, we’ll stop it. We […]
Asian Stock: ASICS Corp
Company: Asics CorporationBloomberg ticker: 7936 JPMarket cap: US$8,479mBackground: ASICS Corporation manufactures and distributes sporting goods and equipment. The Company produces athletic shoes, sportswear, and other products. ASICS markets its products to United States, Europe, Australia, Asia, and other countries and regions. World Class Benchmarking of Asics Corp Profitable Growth rank of 2 was up compared to the prior period’s […]
Daily Market Outlook – Thursday, May 9
Image Source: Pexels The Asia-Pacific equity markets are showing mixed performance today. China’s trade surplus for April increased by less than anticipated, mainly due to a notable rise in imports. Asian bond prices fell, following the sell-off in US Treasuries. Chinese stocks increased due to positive trade data and indications of property market support. Benchmark rates […]
Market Briefing For Thursday, May 9
‘Data is the new currency’- is the message you get from everyone like the comments provided by Nvidia’s CEO, to Salesforce, all basically Ai-themed. What’s missing for all the enthusiasm -largely priced into share prices before now for that matter- is the ebb-and-flow of demand for the underlying product. Pixabay What’s missing for all the enthusiasm -largely priced into share prices before now […]
US Dollar Extends Rally Against Japanese Yen
The USDJPY currency pair has extended its impressive upside move, rallying from the 151.86 low to a high of 155.69 in recent trading sessions. The bullish momentum shows no signs of letting up just yet. Further Upside Potential Following the rally from 151.86, further upside follow-through in the USDJPY appears likely. The next key upside […]
Dollar Still Trying To Hold On
Image source: Pixabay There have been some doubts from some Fed officials as to whether policy is restrictive enough, and given things have been otherwise rather quiet, these doubts along with a healthy upward revision to the Atlanta Fed GDP model have forced some reconsideration of Fed bets, albeit mild, back in the hawkish direction.Video Length: […]
FX Daily: Sterling On The Edge
Image Source: Unsplash Amid quiet FX trading conditions, attention during European hours falls squarely on the Bank of England’s policy decision announced at 1:00pm CET. The big question is whether sterling should be priced closer to the Fed/dollar cycle or closer to the ECB/euro. It may be too early for the BoE to signal a June hike today, […]
Over $20M in bridged Ether returned to ZKasino wallet
In a surprising turn of events, more than $20 million worth of bridged Ether has been mysteriously returned to the multisignature wallet of blockchain-based gambling project ZKasino, nearly three weeks after users accused the platform’s founders of orchestrating an exit scam.On May 9, an X feed dedicated to recovering funds from the ZKasino exit scam […]
Sensex Today Trades Lower; L&T Share Price Falls 5%
Asian share markets are mixed today as investors await China trade data to gauge the health of the Chinese economy.The yen steadied after three days of declines as Japan talked up a potential currency intervention.In US stock markets, Wall Street indices fell on Wednesday, dragged by losses in Tesla and Uber, while a rebound in […]
Metals Report For Wednesday, May 8
Image Source: PixabayIn this video, Ira Epstein reviews the day’s trading in the gold and other relevant metal markets.Video Length: 00:10:07More By This Author:SPDR ETF Report For Wednesday, May 8Financial Markets Report For Wednesday, May 8Metals Report For Tuesday, May 7
