French authorities have intensified their criminal investigation into X, formerly Twitter, with prosecutors requesting access to the platform’s recommendation algorithm and real-time user post data. The probe, which began in January 2024, is focused on alleged foreign interference through manipulation of automated data systems and the unauthorised extraction of user data. X has denied the […]
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The Metaplanet share price has been in a strong downward trajectory this year, and is now hovering at the lowest point since May this year. It has plunged by over 70% from its highest point this year, erasing billions of dollars in value. This article explores why it is in freefall. Metaplanet share price has […]
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Liquidity is a concept that’s easy to describe but surprisingly hard to visualize. At least it is when discussing financial markets, where the liquidity is entirely digital in nature and thus intangible. We can read it in onchain dashboards revealing the depth of DEX trading pairs, and we can see it on the order books […]
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Teva Pharmaceutical Industries Ltd. stock rose 12% after the company reported stronger-than-expected third-quarter results, buoyed by robust growth in its branded drug portfolio. The Tel Aviv-based pharmaceutical giant’s shift toward innovative medicines appears to be paying off, even as its core generics business continues to face challenges. Branded drug portfolio drives earnings beat Teva posted […]
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After a muted start to the week, gold and silver prices rose on Wednesday as risk-off sentiment dominated the market. Meanwhile, oil prices fell slightly amid weak economic data from top crude-importing countries, even as US inventories limited the losses. Base metals were mostly steady after a volatile start to the week as a firmer […]
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Following intensified attacks by Russia that caused widespread damage, Ukraine has restarted gas imports via a pipeline crossing the Balkan peninsula to Greece. This is to ensure its heating and electric systems can continue operating throughout the winter. The sustained and intensified campaign of Russian strikes against Ukraine’s natural gas infrastructure in October marked a […]
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The USD/CAD exchange rate remained in a tight range last week, as neither the United States nor Canada released any major economic data. It will be in the spotlight this week as the August deadline on tariffs approaches and the central banks deliver key rate decisions. Federal Reserve interest rate decision The USD/CAD exchange rate […]
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The USD/JPY exchange rate has formed a giant inverse cup-and-handle pattern, along with a bearish flag, as traders await the upcoming Fed and BoJ interest rate decisions. It was trading at 147.65 on Friday, down sharply from its year-high of 161.93. Fed and BoJ decisions The USD/JPY pair will be one of those in the […]
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The USD/ZAR exchange rate rose for four consecutive days, reaching its highest level since July 16. It has jumped by 2.35% from its lowest point this month. This article explores what to expect ahead of the Federal Reserve, key macro data, trade deadline, and South African interest rate decision. Federal Reserve decision ahead The first […]
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By mid-August, both the S&P 500 and NASDAQ had hit a succession of fresh all-time highs as investors sloughed off concerns over the Trump administration’s tariffs. US tech continued to lead the pack with the top ten stocks in the S&P accounting for 40% of the index as measured by market capitalisation. Since the tariff […]
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