USD/CHF finishes the week on a lower note, down 0.87% for the week and 0.27% in the day, as markets turn optimistic about a possible US-Iran deal over the weekend. In the meantime, the technical pictu...
Category: Finance
Live Finance News Updates.
Is DeepSeek undervalued or are America's AI superstars overvalued?
When DeepSeek’s R1 model dropped in January 2025, it briefly erased nearly a trillion dollars in US market value overnight. Nvidia alone shed close to $600 billion in market capitalization in a ...
Why are deadbeat stocks Oracle, Microsoft, and AMD suddenly the week’s best performers?
This week gave beaten-up stock names a strange new job. They stopped acting like laggards and started leading the screen. Oracle (NYSE: ORCL), Microsoft (NASDAQ: MSFT), and AMD (NASDAQ: AMD) came into...
Zcash (ZEC) Price Drops 4% Following Selling Pressure
On April 17, the Zcash price dropped by around 4.39% on a daily chart, forcing its value to drop below $330 following growing selling pressure due to profit booking. The drop comes amid the bullish s...
US President Trump says he can trust Iranians – ABC News
US President Donald Trump said he can trust Iranians, according to an interview with ABC News. Trump added that talks will take place only in Islamabad and resume over the weekend. He added that he do...
Singapore: CPI seen higher on energy shock – DBS
DBS Group Research expects Singapore’s March 2026 core and headline inflation to rise to 1.6% and 1.8% year-on-year, from 1.4% and 1.2% in February. The report links this to imported energy price pres...
AI: Competitive edge debate – UBS
UBS Chief Economist Paul Donovan assesses how Artificial Intelligence (AI) may affect productivity and whether the European Union (EU) could gain an advantage over the United States (US). He notes tha...
Fed Governor Christopher Waller said rates may stay unchanged this year because inflation still looks like the bigger risk
Fed Governor Christopher Waller said Friday that he is ready to back no rate cuts for the rest of the year if inflation stays the bigger threat. Speaking in Alabama, Waller said policymakers face a se...
JPMorgan says Clarity Act is nearing a breakthrough
JPMorgan says the U.S. crypto market structure bill is moving closer to completion as lawmakers narrow down the remaining areas of disagreement. According to the bank’s latest report, negotiations hav...
Bybit Report: Global Stocks Reach Record Highs as S&P 500 Surpasses 7,000 Milestone
Press Releases are sponsored content and not a part of Finbold’s editorial content. For a full disclaimer, please . Crypto assets/products can be highly risky. Never invest unless you’re prepare...
Silver Price Forecast: Bullish and poised to end above $81
Silver price surges over 4% on Friday, reclaims $81.00 a troy ounce as the Greenback gets battered on positive news around the Middle East conflict. The reopening of the Strait of Hormuz and a second ...
China: Policy easing expectations trimmed – DBS
DBS Group Research economists highlight that China’s Q1 2026 GDP growth accelerated to 5.0% year-on-year, driven by strong external demand and resilient industrial production, while domestic demand in...
Ripple’s XRP just launched on Solana
Ripple’s XRP just launched a Solana version, potentially boosting liquidity and a new pool of traders. XRP launched on Solana just as it lost some of its open interest and trading activity on other ne...
Cerebras is preparing to file for an IPO before Friday’s market close
Cerebras is set to file for an initial public offering (IPO) on Friday before the market closes, according to two people familiar with the matter who allegedly spoke to CNBC on condition of anonymity ...
84% of prediction market traders lose money
The numbers are in, and they are not pretty for everyday traders who bet on prediction markets. Despite handling tens of billions of dollars in trades, these platforms appear to be leaving the overwhe...
Gold surges past $4,850 as Hormuz reopening crushes the US Dollar
Gold (XAU/USD) price rallies on Friday ahead of the weekend, breaking past the $4,850 level and rising more than 1.50%, as the US-Iran conflict seems to be de-escalating after Iran reopened the Strait...
Asia FX: De-escalation hopes support regional currencies – MUFG
MUFG’s Senior Currency Analyst Lloyd Chan notes that improved diplomatic signals in the Middle East have boosted risk sentiment, softening the US Dollar (USD) and supporting Asian FX. However, high US...
Forecasting the upcoming week: Hormuz uncertainty keeps markets on edge as USD softens
The US Dollar Index (DXY) is losing momentum near 98.00 as safe-haven demand fades on the reopening news, but downside remains limited amid lingering geopolitical risks. Markets are experiencing fluct...
Senators question lax oversight of Binance
The Trump administration is being aggressively questioned by Democratic senators on seemingly lax oversight of Binance regarding some funds that ended up in the wrong hands in Iran, pouring cold water...
USD/JPY slides as Iran reopens Hormuz, WTI plunges and USD weakens
USD/JPY edges lower on Friday as the Japanese Yen (JPY) strengthens against a softer US Dollar (USD), with easing Oil prices providing additional support, given Japan’s heavy reliance on imported ener...
PBoC: Targeted easing over broad cuts – DBS
DBS Group Research expects the People’s Bank of China (PBoC) to keep the 1-year Loan Prime Rate at 3.00% as Chinese growth has firmed and price dynamics improved. The report notes external demand is s...
Fed’s Waller: Will closely watch jobs data for growing signs of stress
Christopher Waller, a member of the Federal Reserve (Fed), speaks about the economic outlook and monetary policy at Auburn University in Alabama on Friday. He stated that the break-even rate for the j...
Spot XRP ETFs record the largest weekly inflow since mid-January
The spot XRP exchange-traded funds (ETFs) have reported their highest weekly inflow since the week of January 16, 2026. In the first four days of this week, U.S. spot XRP ETFs attracted $41.64 millio...
Russia-linked exchanges Grinex and TokenSpot targeted in suspected coordinated hack
At least one more Russia-linked crypto exchange has been hit in the billion-ruble hack of the sanctioned Kyrgyzstan-registered Grinex, blockchain analyses showed. Reports of the coinciding incidents s...
Stanford's 2026 AI Index shows China's top AI model now trails the US by just 39 Arena points
China has nearly caught up with the United States in artificial intelligence capabilities. The country has almost eliminated its performance gap with the US in AI bot systems while continuing to lead ...
CNY: On track to test 6.80 with strong local demand – Societe Generale
Societe Generale analysts flag that CNY is on course to test 6.80 for the first time in three years, even as the People’s Bank of China (PBoC) moderates the pace of appreciation via weaker fixin...
USD/CHF falls as Iran declares Strait of Hormuz open
The Swiss Franc (CHF) strengthens against the US Dollar (USD) on Friday, with USD/CHF on track for a second consecutive weekly decline as the Greenback remains under pressure amid improving market sen...
Central banks: Watching Gulf fallout, not overreacting – UBS
UBS’s Chief Economist Paul Donovan highlights that central banks are focused on second-round effects from Gulf developments rather than immediate policy shifts. Bank of England (BoE) Governor Ba...
Fed Governor Waller says Iran war and labor market risks are keeping central bank on hold
Christopher Waller, governor of the US Federal Reserve, speaks during the C. Peter McColough Series on International Economics at the Council on Foreign Relations in New York, US, on Thursday, Oct. 16...
Dow Jones surges as Iran reopens Strait of Hormuz
US equities ripped higher on Friday as a ceasefire between Israel and Lebanon, paired with Iran’s announcement that the Strait of Hormuz would reopen to commercial traffic, triggered a broad ris...
New York Fed President Williams worries war will slow growth, aggravate inflation
New York Fed President John Williams expressed concern Thursday about the Iran war’s impact on the economy, saying it already has shown signs of hiking prices and slowing growth. In a speech del...
S&P 500 extends irregular B‑wave rally toward key 7120
In our previous update from April 1 about the SP500, we concluded based on the Elliott wave, market breadth, and seasonality that “the [wave] W-b rebound into the April 18-28 time frame is now underwa...