The International Monetary Fund (IMF) Managing Director Kristalina Georgieva said on Thursday that global economic resilience is being tested yet again by new Middle East conflict. Georgieva further s...
Category: Finance
Live Finance News Updates.
Australian Dollar declines to near 0.7050 as trade surplus narrows in January
The AUD/USD pair attracts some sellers to around 0.7065 during the Asian trading hours on Thursday. The Australian Dollar (AUD) weakens against the US Dollar (USD) as Australia’s trade surplus n...
China sets 2026 growth target at 4.5%–5% vs. 5% hit last year
In an annual report presented by Premier Li Qiang at the opening session of this year’s meeting of the National People’s Congress (NPC) on Thursday, China set its 2026 economic growth targ...
AUD/JPY drops below 111.00 as Australia’s Trade Surplus narrows
AUD/JPY depreciates after registering mild gains in the previous session, trading around 110.80 during the Asian hours on Thursday. The currency cross remains subdued following the release of Australi...
PBOC sets Yuan mid-point at strongest level in 34 months
The People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead on Thursday at 6.9124 compared to Wednesday’s fix of 6.9124 and close of 6.9551. China fixes the Yuan mid-...
Canadian Dollar jumps above 1.3600 on rising crude oil prices
The USD/CAD pair loses ground to near 1.3630 during the early Asian session on Thursday. The Canadian Dollar (CAD) gathers strength against the Greenback amid a jump in oil prices. Traders will take m...
XAG/USD steadies above $84, bearish risks loom
Silver (XAG/USD) trades with a positive bias for the second straight day on Thursday, though it lacks follow-through buying and remains confined in the previous day’s broader range. The white me...
WTI holds gains near $75.00 as supply disruptions persist through the Strait of Hormuz
West Texas Intermediate (WTI) Oil price remains stronger for the third successive session, trading around $74.80 per barrel during the Asian hours on Thursday. Crude Oil prices climb as supply disrupt...
EUR/USD edges lower below 1.1650 as Middle East tensions fuel US Dollar strength
The EUR/USD pair trades in negative territory around 1.1635 during the early Asian session on Thursday. The US Dollar (USD) strengthens against the Euro (EUR) as escalating Middle East conflict boosts...
Australia’s Trade Surplus narrows to 2,631M MoM in January
Australia’s Trade Surplus narrowed to 2,631M MoM in January versus 3,373M in the previous reading, according to the latest foreign trade data published by the Australian Bureau of Statistics on Thursd...
Australia Imports (MoM) increased to 0.8% in January from previous -0.8%
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in...
China to reportedly boost defense spending by 7%, slowest pace since 2021
China’s liquid-fueled intercontinental strategic nuclear missiles DongFeng-5C, which have a global strike range, pass through Tian’anmen Square during the V-Day military parade on Septembe...
Japan Foreign Investment in Japan Stocks climbed from previous ¥402B to ¥973.9B in February 27
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in...
GBP/USD tests key moving averages as growth downgrade weighs
GBP/USD was nearly flat on Wednesday, edging up 0.08% to settle around 1.3370 in a quiet session. The pair has fallen sharply from its late-January high near 1.3870 and is now testing the 200-day Expo...
USD/JPY pulls back from weekly highs as Yen steadies near 157.00
USD/JPY slipped 0.42% on Wednesday, pulling back to around 157.00 after pushing close to 157.90 earlier in the session. The pair has been chopping in a wide range between about 152.00 and 159.00 since...
Nvidia’s CEO Jensen Huang says he won’t be investing in OpenAI anymore
Nvidia CEO Jensen Huang says Nvidia’s $30 billion check to OpenAI could be the last one. He said OpenAI may go public near the end of the year. Speaking Wednesday at the Morgan Stanley Technology, Med...
AUD/USD rallies on strong GDP but holds below three-year highs
AUD/USD jumped one-half of one percent on Wednesday, rallying back to around 0.7080 after dipping toward the 0.7000 level earlier in the week. The pair has been consolidating in a roughly 150-pip rang...
Anthropic shakes off Pentagon beef as annual revenue surges past astonishing $19 billion
AI giant Anthropic disclosed on Wednesday that its annual revenue has surpassed $19 billion, which is more than double where its run rate sat late last year ($9 billion) as the company continues its m...
Kraken Secures Historic Fed Master Account Access
Key Insights: Kraken secures Fed “master account,” first crypto exchange on core U.S. payment rails. Direct Fed access enables faster, smoother transactions for institutional clients. Milestone streng...
Gold holds gains near $5,150 amid geopolitical tensions
Gold price (XAU/USD) holds positive ground near $5,145 during the early Asian session on Thursday. The precious metal edges higher on safe-haven demand from the US–Iran conflict. The US weekly Initial...
Trade buffers against Oil shock – DBS
DBS Group Research economists Radhika Rao and Chua Han Teng argue that Indonesia’s growth outlook remains intact despite Middle East tensions. They highlight negligible trade exposure to Iran, diversi...
Xiaomi plans annual smartphone chip releases as humanoid robots test EV factory roles
China’s Xiaomi says it wants a new smartphone processor every year. President Lu Weibing said the plan is currently a yearly upgrade cycle. Lu spoke Tuesday in Barcelona on the sidelines of the Mobile...
Stablecoin News: Patrick Witt Rejects JPMorgan’s Bank-Style Regulation Argument
Key Highlights In the latest stablecoin news, Patrick Witt questions Jamie Dimon’s CLARITY Act statement. Jamie Dimon states that yield-bearing stablecoins should be treated as bank deposits. Witt arg...
USD/MXN trips down towards 17.56 as risk appetite boosts Mexican Peso
The Mexican Peso recovers some ground on Wednesday due to an improvement in risk appetite even though hostilities in the Middle East, extended for the fifth consecutive day. Solid US economic data was...
Wall street hasn’t noticed yet the war is costing Israel $2.93 billion a week
Israel is losing close to $3 billion a week since fighting broke out with Iran, and markets are barely flinching. That figure comes from Israel’s Finance Ministry, which on Wednesday put the weekly da...
AI News: X Rolls Out 90-Day Monetization Ban for Unlabeled AI War Videos
Key Insights: As per the new AI news, X will block revenue sharing for 90 days if creators post AI-made war videos without clear disclosure Product chief Nikita Bier said the rule is meant to protect ...
Data resilience offsets weak sentiment – Standard Chartered
Standard Chartered’s Hunter Chan and Shuang Ding expect China’s January-February hard data to show resilience despite soft official PMIs. They forecast solid Industrial Production, a rebound in Retail...
Fed Beige Book shows mixed growth as price pressures persist
The Federal Reserve’s (Fed) March 2026 Beige Book, based on data collected through February 23, showed mixed economic conditions. Seven of twelve districts reported slight to moderate growth, bu...
US Dollar eases despite strong jobs and Services PMI data
Here is what you need to know on Thursday, March 5: The US Dollar (USD) eased on Wednesday after a two-day rally drove the US Dollar Index (DXY) near the 100.00 mark. The Greenback ignored the positiv...
GMX mounts rally as projects reevaluate effectiveness of buybacks
The native token of GMX, the decentralized perpetuals exchange built on Arbitrum, is in the middle of a rally after its governing body approved an overhaul of its buyback strategy over “limited effect...
PayPal’s Stablecoin Just Solved Trucking’s Biggest Cash Flow Problem
Fintech Key Takeaways: Truckers currently lose 30%+ of net revenue just to get paid early through factoring companies PYUSD integration enables same-day freight payments, 365 days a year, outside trad...
DXY eases from five-week highs as safe-haven bid fades
The US Dollar Index (DXY) slipped about 0.18% on Wednesday, settling close to 98.90 after retreating from the 99.68 high printed on Tuesday. The index surged nearly 2% across Monday and Tuesday on saf...