Derivatives Demand and Supply Crunch Signal Bullish Momentum for Bitcoin
At the same time, spot Bitcoin exchange-traded funds (ETFs) continue to see interest, with $1.9 billion flowing into these financial vehicles over the
Stocks
Investing
USD/BRL forecast: here’s why the Brazilian real is soaring
The Brazilian real has embarked on a strong bull run that has pushed it to the highest level since March 2024. The USD/BRL
Investing
Pound weakens as inflation concerns grow in UK
The British pound edged lower against the US dollar on Thursday, as investors moved towards safe-haven assets amid concerns over a fragile ceasefire
Investing
USD/JPY: Japanese yen forecast as inflation jumps amid the Iran war
The Japanese yen continued softening against the US dollar as energy prices jumped and after the country’s publication of its inflation report. The
Investing
Pound edges higher but set for weekly loss amid Middle East tensions
The British pound rose marginally against the US dollar on Friday but remained on track for a weekly loss, as geopolitical uncertainty and
Economy
Hormuz traffic slows, but Iran already has 2.5 months of oil supply at sea
Shipping traffic through the Strait of Hormuz has slowed dramatically, with only five vessels, including a single Iranian oil products tanker, passing through
Economy
EU green bond fund aims to mobilise 20 billion euros
The European Union has partnered with financial institutions to launch the Global Green Bond Initiative Fund, aiming to mobilise up to €20 billion
Economy
Dow slips 179 pts as S&P 500, Nasdaq rise on Iran talk hopes
US stocks edged higher on Friday, supported by renewed optimism around potential diplomatic progress between Washington and Tehran, alongside strong momentum in semiconductor
Economy
P&G beats estimates, stock jumps as volume growth returns after a year
Procter & Gamble exceeded analyst expectations for quarterly earnings and revenue, reporting its first volume growth in a year and sending the company’s
Economy
SAP jumps 7% on earnings beat as cloud growth eases AI fears
Shares in SAP rallied on Friday after the German software giant reported better-than-expected first-quarter profit and reaffirmed its long-term cloud outlook. The strong