During the European trading session on Tuesday, chiefs of many of the world’s major central banks issued a joint statement in support of Federal Reserve (Fed) Chair Jerome Powell after the Trump...
Category: Finance
Live Finance News Updates.
Top 3 Greenland-linked stocks to watch amid Trump threats
Several Greenland-linked stocks are coming into the spotlight as the U.S. government sharpens its strategic focus on the Danish territory, with market watchers closely monitoring companies involved wi...
Privacy coins are back as attention shifts to XMR and DASH
The privacy coins narrative is not abandoned, as more attention has shifted to legacy coins. XMR and DASH extended their rallies with a growing mindshare. Privacy coins are back, with attention this ...
EUR/JPY extends rally amid Yen weakness on politics, BoJ stance
EUR/JPY trades around 185.50 on Tuesday at the time of writing, up 0.50% on the day, extending its upward move for a third consecutive session, hitting a new multi-year high at 185.54 earlier in the d...
Scott Bessent hosts global finance ministers to discuss China’s grip on world silver supply
Trump’s Treasury Secretary Scott Bessent called a full-scale meeting with his global peers on Monday to get ahead of the worsening mineral supply crunch. With China refining up to 87% of the world’s r...
Trader turns $370 $WHITEWHALE buy into $1.2M profit
A trader with a wallet that has been linked to a user that goes by “Remusofmars” on X has been gaining popularity in memecoin circles for making a trade that helped him turn an initial buy of about $3...
Kraken-affiliated SPAC KRAKacquisition files for ambitious $250M Nasdaq IPO
Cayman Islands-incorporated KRAKacquisition, a Kraken-linked SPAC, has filed for an ambitious $250 million Nasdaq IPO under the ticker KRAQU. The proposed IPO consists of 25 million units, with each u...
Silver price today: rises on January 13
Silver prices (XAG/USD) rose on Tuesday, according to FXStreet data. Silver trades at $85.74 per troy ounce, up 0.68% from the $85.17 it cost on Monday. Silver prices have increased by 20.62% since th...
US Dollar is looking for direction above 0.7955
The US Dollar has found support at 0.7955, after retreating from highs near 0.8020 against the Swiss Franc on Monday. Recent price action keeps the upside trend from late December lows in play, althou...
Court blocks Tennessee from taking action against Kalshi
A federal judge in Tennessee has temporarily blocked state regulators from enforcing a cease-and-desist order against the prediction markets platform Kalshi. In the order issued Monday by US District...
Dow Jones futures slip as traders adopt caution ahead of CPI inflation data
Dow Jones futures edge lower by 0.09% to near 49,750 during the European session on Tuesday, while S&P 500 and Nasdaq 100 futures decline 0.08% and 0.14% to near 7,010 and 25,920, respectively. US...
Stablecoin Rewards Gain Support in Updated Senate Market Structure Bill
Regulations A newly revised draft of the Digital Asset Market Clarity Act signals a softer regulatory stance toward rewards linked to stablecoin use, opening the door for crypto companies to continue ...
PayPal to support Google’s new AI payments
PayPal has confirmed it will support Google’s artificial intelligence-backed Universal Commerce Protocol, and will soon appear as a payment option inside the new checkout, as revealed in a press state...
AUD/USD ticks down to near 0.6700 ahead of US inflation data
The AUD/USD pair trades marginally lower to near 0.6700 during the European trading session on Tuesday. The Aussie pair edges down as the US Dollar (USD) ticks higher slightly ahead of the United Stat...
Betterment hacked: customer data breached in the attack
An online investment service confirmed this week that cybercriminals broke into its computer systems and stole customer data during an attack last week. Betterment, a platform that lets people invest ...
Pound Sterling clings to gains against US Dollar ahead of US CPI data
The Pound Sterling (GBP) holds onto Monday’s gains around 1.3470 against the US Dollar (USD) during the European trading session on Tuesday. The GBP/USD pair trades firmly ahead of the United States (...
EUR/USD recovery stalls with all eyes on US inflation figures
EUR/USD is trading practically flat, near 1.1650 at the time of writing on Tuesday, after pulling back from the 1.1700 area. Some bullish comments by the New York Federal Reserve’s (Fed) President Joh...
XAG/USD hovers around $85.50 near record highs
Silver price (XAG/USD) remains steady, slightly below record highs, trading around $85.20 per troy ounce during the European hours on Tuesday. Precious metals, including Silver, are drawing investors ...
Meta to cut 10% of Reality Labs jobs as it shifts focus from VR to AI wearables
Meta Platforms Inc., an American multinational technology company, announced plans for a 10% workforce reduction in its Reality Labs division, aiming to reallocate funds to high-priority areas. In thi...
NOCtura Targets Compliance-Ready Privacy on Solana With ZK Shield and Dual-mode Wallet
NOCtura has published its technical blueprint for a Solana-native privacy overlay. It can support both everyday users and regulated counterparties through a dual-mode wallet (Transparent/ Public and S...
Federal authorities target $200,000 in cryptocurrency from investment scam
Federal prosecutors are attempting to seize $200,000 in cryptocurrency from a romance investment scam. Federal prosecutors in Massachusetts have filed a petition to seize cryptocurrencies worth nearly...
Japan’s stock index Nikkei 225 surges 3.6% as snap election bets revive ‘Takaichi trade’ rally
Japan’s stock market opened with a bang Tuesday after a three-day slump, as the Nikkei 225 surged by up to 3.6% to hit 53,549.16, its highest level in history. Traders piled in fast after reports said...
WTI reaches six-week highs near $60.00 on supply fears, US tariffs
West Texas Intermediate (WTI) Oil price extends its gains for the fourth successive session, trading around $59.70 per barrel during the European hours on Tuesday. WTI price climbs to six-week highs a...
Consolidates below 1.3900 ahead of US CPI data
The USD/CAD pair lacks any firm intraday directional bias and oscillates in a narrow band below the 1.3900 mark heading into the European session on Tuesday. Spot prices, for now, seem to have stalled...
US Dollar Index steadies near 99.00 as traders eye inflation data
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is holding gains after registering modest losses in the previous session. The DXY is hovering a...
New Zealand Dollar drifts higher above 0.5750 as Fed faces challenges
The NZD/USD pair trades on a firmer note near 0.5770 during the early European trading hours on Tuesday. The US Dollar (USD) remains under selling pressure against the New Zealand Dollar (NZD) amid re...
Japanese Yen – a big loser; eyes turn to US CPI data
Here is what you need to know on Tuesday, January 13: Ahead of the European opening bells, the US Dollar (USD) pauses its late recovery seen in Monday’s North American session. The Greenback enters a ...
Why Europe’s Digital Euro Is Becoming a Strategic Necessity
Fintech A group of prominent economists is urging Europe to rethink how it treats money in a digital world – not as a convenience issue, but as a question of power. In a public appeal sent to la...
GBP/USD strengthens to around 1.3470 early European session
GBP/USD gathers strength above 1.3450 as Fed independence concerns pressure US Dollar The GBP/USD pair edges higher to near 1.3470 during the early European session on Tuesday. The Greenback weakens a...
Turkey Current Account Balance below expectations ($-3.3B) in November: Actual ($-3.996B)
Gold is seen consolidating below the all-time peak, touched the previous day, and the $4,600 mark during the Asian session on Tuesday as traders opt to wait for the release of the latest US consumer i...
Microsoft says China is beating America in AI through Africa, Russia, Belarus
Microsoft is calling it like it sees it; China is winning the AI race far from Silicon Valley, and it’s doing it with cheap tech and state money, taking control of regions Africa, Russia, Belarus, and...
Trump vows 25% tariffs on any nation doing business with Iran as internet blackout remains
Donald Trump said on Monday that any country doing business with Iran will face a 25% tariff on all trade connected to the United States. Trump said the tariff applies to “any and all business being d...