OpenAI in talks for funding round above $1.2 trillion valuation Ethereum retests broken resistance near $2,470 as exchange supply keeps shrinking Triple good news for Solana, sell the fact for SOL price PBOC's Pan signals shift away from China loan growth targets, looks to stabilise debt Staking and ETFs drain ether from exchanges, price impact unproven Australia: Westpac leading index signals…
The CLARITY Act still has a procedural path after Senator Thom Tillis moved to reconsider the failed cloture vote, though industry executives are divided over whether Congress has enough time left.
The improved but still below-trend reading gives the Reserve Bank some room to hold at its September meeting without abandoning its tightening bias, consistent with Westpac's own call for a very hawkish hold ahead of a further rate rise later this year. For AUD, the report's signal cuts both ways: firmer momentum and a resilient June quarter support the case for additional hikes, typically…
The soft machinery orders print undercuts the case for near term Bank of Japan tightening, as a weaker leading capex signal suggests the investment side of the economy may be losing steam just as the BoJ weighs its next move on policy normalisation. I suspect, along with most everyone else that a rate hike this week is baked in: Preview: Goldman Sachs sees yen and Nikkei risk building on faster…
The core of the US proposal is a hard cap on how much of an AI server, chip or related piece of hardware can be built from parts sourced outside North America, which would directly hit the assembly model many firms have used to route Chinese made components through Mexico. That threshold, once set, would raise costs and complexity for manufacturers who have shifted AI hardware production south of…
I think we can all agree it's a wating day for the FOMC. The Fed battleground is no longer Wednesday's meeting, but the ones afterwards Calendar for the session ahead: This article was written by Eamonn Sheridan at investinglive.com.
Circle and Coinbase shares fell about 10% as the failed Senate vote weighed on crypto-linked equities, with Bitcoin miners and treasury companies also declining.
Explosions heard in Saudi Arabia Canadians continued to spend through August - RBC spending tracker shows US 20-year bond auction tails by 2 bps Bessent: For a nominal amount, the US Treasury was able to signal support for Japanese policies Senate leader Thune: I am open to considering an export ban on diesel Oil jumps after Libya says may declare force majure as protests suspend production…
A Bank of England policy maker said digital dollars could expand access to the US currency while turning stablecoin issuers into bigger buyers of government debt.
The crypto exchange is expanding its traditional finance offerings with 11 US-listed exchange-traded funds focused on US Treasurys and investment-grade bonds.
Bitcoin price action weakened over market nerves prior to the Senate CLARITY Act vote, while surging bond yields pressured risk assets across the board.
An MEV bot known as “Yoink” front-ran an attacker attempting to exploit a custom Safe module, capturing the stolen rsETH before Kelp temporarily froze the receiving address.
The Canadain dollar is down for the fifth consecutive day as USD rises across the board on an expected Fed rate hike. Below the surface, Prime Minister Mark Carney is trying to lay the groundwork for an investment boom. He's hosting an investment summit in Canada this week and that's included a series of announcements on spending, including one on a data centre yesterday. Today's announcement is…
Canada’s July wholesale trade: Wholesale sales MoM: +0.3% vs -0.5% expected. Prior +2.8% Wholesale sales YoY: +7.9% Wholesale sales volumes MoM: -0.6% Wholesale inventories: Essentially unchanged at C$140.6 billion Inventory-to-sales ratio: 1.51 vs 1.52 in June Canadian wholesale sales increased 0.3% to C$93.1 billion in July, according to Statistics Canada. That was stronger than the 0.5%…
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