The relentless US Dollar Index (DXY) sell-off experienced earlier this year has faded, and many hedge funds are betting in its comeback in the fourth quarter. The DXY Index was trading at $98.7 on Thursday morning, up from the year-to-date low of $96.24. Why the US Dollar Index has plunged this year The US Dollar […]
Read More
The USD/RUB exchange rate moved sideways on Thursday as traders waited for the upcoming meeting between Donald Trump and Vladimir Putin of Russia. It was trading at 79.70 on Thursday, inside a range where it has been in the past few weeks. Trump and Vladimir Putin meeting The main catalyst for the USD/RUB pair this […]
Read More
The global cryptocurrency market has suffered another sharp downturn after China’s move to tighten export controls on rare earth materials in retaliation for the new US tariffs imposed by President Donald Trump on Friday. Beijing’s announcement came shortly after Trump revealed sweeping 100% tariffs on all Chinese imports, a move that many analysts view as […]
Read More
Grupo Aeroportuario del Sureste ASUR.MX, the Mexican airport operator, has jumped to the front of the field of bidders for Motiva Infraestrutura de Mobilidade’s airport portfolio, said a Reuters report citing two sources with direct knowledge of the matter. The purchase, if concluded, would complement Asur’s existing activities beyond Mexico and would be a significant step […]
Read More
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 […]
Read More
Nvidia stock was staging a modest comeback early Wednesday, as the chipmaker sought to recover from Tuesday’s 4% decline amid mounting concerns over artificial intelligence valuations and renewed uncertainty about US chip sales to China. AI-related stocks broadly weakened on Wednesday as sentiment remained cautious following a strong run-up across the sector this year. Advanced […]
Read More
Tesla shareholders will vote this November on a proposal urging the company to invest in Elon Musk’s AI startup, xAI, as part of ongoing discussions about the automaker’s long-term strategy. The proposal, submitted by Stephen Hawk, a 56-year-old psychiatrist and long-time Tesla investor, highlights growing shareholder interest in aligning Tesla’s resources with Musk’s broader AI […]
Read More
US stocks edged higher on Thursday, with the S&P 500 and Nasdaq Composite touching new record highs as Wall Street’s upward momentum continued despite the ongoing government shutdown. The S&P 500 rose 0.1%, while the tech-heavy Nasdaq hovered near the flatline. The Dow Jones Industrial Average added 24 points, or 0.1%. Costco shares advanced more […]
Read More
Tesla Inc. entered the spotlight again as Chief Executive Officer Elon Musk purchased about $1 billion worth of shares in the company, according to a regulatory filing. The stock purchase, made indirectly through a trust, came at a time when the company is facing intense debate over Musk’s potential pay package, which could reach upwards […]
Read More
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 […]
Read More