Latest Market News
Gold futures booked back-to-back gains on Wednesday, putting the precious metal on pace for a weekly gain. Gold for August delivery GCQ22, -0.09% GC00, -0.09% rose 0.2%, adding $4.40, to settle at $1,856.50 an ounce on Comex. The yellow metal found some support despite the 10-year Treasury rate pushing back above 3% and the ICE […]
Twitter Inc. TWTR, +0.77% reportedly plans to share a full data stream with Tesla Inc. TSLA, +1.25% chief Elon Musk as it looks to secure a closing of their pending merger arrangement, The Washington Post said Wednesday. The data stream includes information all on tweets posted daily and the accounts that send them, and Twitter […]
The NY State Department of Financial Services, notorious for its strictness, claims to be the first regulator in the country to impose requirements of the type. 779 Total views 10 Total shares The New York State Department of Financial Services (DFS) on Wednesday released regulatory guidance for U.S. dollar-backed stablecoins issued by DFS-regulated entities. According […]
U.S. stocks finished sharply lower on Wednesday amid lackluster trading volume as demand for equities slackened ahead of May inflation data expected to be released on Friday. The Dow Jones Industrial Average was off 269.24 points, or 0.8%, to 32,910.9. The S&P 500 was off 44.91 points, or 1.1%, to 4,115.77 , and the Nasdaq […]
USDJPY is moving to the upside and updating its 20-year highs. The Japanese Yen’s devaluation against the USD continues. The current quote for the instrument is 133.12. Just like yesterday, the “greenback” is supported by US bond yield growth. In this light, the Yen is forced to quickly retreat. The Ministry of Finance has to […]
EURUSD, “Euro vs US Dollar” EURUSD has completed the correction at 1.0713; right now, it is falling to break 1.0674 and may later continue trading downwards to reach 1.0630. After that, the instrument may resume growing to test 1.0674 from below and then start a new decline with the target at 1.0587. GBPUSD, “Great Britain […]