NASDAQ Nasdaq is consolidating above new multi-month low (16463, the lowest since January 2024) after suffering heavy losses in past three sessions and weekly loss of almost 10%. Partial profit taking...
Category: Finance
Live Finance News Updates.
EUR gains modestly in tight range – Scotiabank
Euro (EUR) is quietly consolidating within a relatively tight range around the mid-1.09s and strengthening modestly vs. the USD, outpacing all the G10 currencies apart from the havens JPY and CHF. Sen...
Will continue to push US to review tariff policies
Japanese Prime Minister (PM) Shigeru Ishiba said on Monday that he told United States (US) President Donald Trump in a video meeting that Japan has made the biggest investment in the US for five strai...
Binance Partners with Worldpay to Integrate Apple Pay and Google Pay
Fintech In a groundbreaking move, Binance, the leading global cryptocurrency exchange, has teamed up with Worldpay, a top payment technology provider, to integrate Apple Pay and Google Pay for its use...
Pound Sterling slumps as Trump tariffs send shockwaves to global economy
The Pound Sterling surrenders intraday recovery against the US Dollar despite US economic uncertainty. Investors have become increasingly confident that the US economy could enter a recession. UK PM S...
Gold price underpinned with stagflation focus in play
Gold price briefly fell below the $3,000 mark in early Monday trading. Bullion should still be considered as the safe bet for a stagflation scenario in the US. Gold keeps trying to recover back to i...
CAD holds range ahead of BoC Business Outlook Survey – Scotiabank
The Canadian Dollar (CAD) is remarkably stable considering the carnage playing out in stocks. Spot has held a tight range close to Friday’s closing level throughout Asian and European trade. Heightene...
EU offers zero for zero tariffs with the US
Ursula von der Leyen, President of the European Commission, has said that the EU has offered the US a “zero-for-zero” tax plan in order to avoid a trade war. This was decided in preparation for its fi...
Recession fears hit Starbucks, Chipotle, McDonald’s stocks
Following announcements of layoffs, a Starbucks store is shown in Encinitas, California, U.S., February 24, 2025. REUTERS/Mike Blake Mike Blake | Reuters Restaurant stocks fell in morning trading Mond...
Market in panic mode after historic sell-off
Will the S&P 500 find support after its worst two-day decline since March 2020? The S&P 500 collapsed 5.97% on Friday, crashing below the 5,100 level as investors reacted violently to Wednesda...
USD mixed amid ongoing stock market weakness – Scotiabank
Stocks screens are a sea of red as investors register deepening concerns over the impact of US tariffs on the global economy. Are countries rushing to offer the US concessions on trade? So far, it see...
WallitIQ (WLTQ) Is About To Leave Traditional Wallets In The Dust
The cryptocurrency wallet industry is evolving rapidly, and WallitIQ (WLTQ) is leading the charge with its next-generation AI-powered DeFi wallet, which has made traditional wallets obsolete. This inn...
Any talk of recession seems silly given expected tax cuts
White House Trade Adviser Peter Navarro told CNBC on Monday that countries seeking a tariff relief need to lower non-tariff barriers, per Reuters. Key takeaways “Any talk of recession seems sill...
BAJAJFINSV Elliott Wave technical analysis [Video]
BAJAJ FINSERV Elliott Wave technical analysis Function: Counter Trend. Mode: Corrective. Structure: Navy Blue Wave 2. Position: Gray Wave 3. Direction next higher degrees: Navy Blue Wave 3. Details: N...
We are ready to negotiate with US on tariffs
European Commission President Ursula von der Leyen said on Monday that they are ready to negotiate with the United States on tariffs, per Reuters. Key takeaways “We are ready for a good deal but...
Trump will listen to trading partners if they offer really great deals
In an interview with Fox News on Monday, Kevin Hassett, Director of the US National Economic Council (NEC), said that US President Donald Trump is doubling down on something he knows works and added t...
WTI plunges to near $60 on fears of global economic turmoil
The Oil price has posted a fresh four-year low near $58.80 amid escalating concerns over the global economic outlook. US President trump has imposed a total of 54% tariffs on China. Trump has also ann...
Global investors reconsider their faith in the dollar’s safe haven status – Commerzbank
The Federal Reserve finds itself in a tough spot as it navigates rising inflation and slowing growth. Traditional safe haven flows into the US dollar may falter, with investors eyeing alternatives lik...
Donald Trump Threatens to Add Additional 50% Tariff on China
Economy In a recent development President Donald Trump has threatened to impose an additional 50% tariff on Chinese imports unless China withdraws its newly announced 34% tariff increase on U.S. goods...
Dogecoin Price Bounces Off From $0.12: Can Bulls Secure $0.20?
As the liquidations in the crypto market rise to $1.6 billion over the past 24 hours, the meme coins are witnessing increased volatility. The biggest meme coin, Dogecoin, is down by 8.6% over the past...
Consequences for the USD exchange rates are reversed – Commerzbank
A reasonably normal tariff policy would cause the dollar to appreciate. Why? Because US consumers would prefer to consume US goods instead of imported goods, and US companies would prefer to install U...
2 cryptocurrencies to buy amid the broader market downturn
The global cryptocurrency market shed over the weekend $300 billion in value, plunging from $2.75 trillion to as low as $2.35 trillion following the announcement of President Donald Trump’s sweeping g...
Financial Stability Board nominates BoE Governor Bailey as next chair
The Financial Stability Board (FSB) announced on Monday that they nominated Bank of England Governor Andrew Bailey as the next chair of the organization. The FSB said that the Nomination Committee Una...
AI Predicts 22,140% Gains For Mutuum Finance (MUTM) & 405% For Shiba Inu (SHIB), But Says To Sell Tron (TRX) & Ripple (XRP) Fast
In a bold forecast shaking up the crypto market, AI predictions are pointing to explosive growth for Mutuum Finance (MUTM), with projections suggesting a 22,140% gain in the coming months, while Shiba...
S&P 500 opens with gap lower but bears may pause for consolidation
S&P 500 S&P500 opened with one full figure gap lower on Monday and hit the lowest levels since mid-January 2024, in extension of last week’s 8.75% drop. The price tumbled after President Trum...
US moves beyond justifiable tariffs into something that is non-economic: Ex-Barclays CEO Bob Diamond
According to Bob Diamond, the US has moved beyond the economic justifications for tariffs and into something non-economic. The markets concur with this statement. They are in red, and Trump demonstrat...
USD/CAD holds on to Friday’s gains – BBH
USD/CAD is holding on to Friday’s gains, BBH FX analysts report. US trade war dos not bode well for CAD “The severe negative impact of the US tariffs on the Canadian economy and lower crude oil ...
Slow moving Fed should cut rates
“Oil prices are down, interest rates are down (the slow moving Fed should cut rates!), food prices are down, there is no inflation, and the long time abused USA is bringing in billions of dollar...
AUD/USD rebounds to near 0.6040 as China vows stimulus to support economy
AUD/USD recovers to near 0.6040 as Beijing discusses fresh monetary stimulus to stabilize their economy. The escalating trade war between the US and China could dampen the recovery move in the Austral...
There’s nobody around to catch a falling oil price – Danske Bank
The oil price sell-off has accelerated since Friday as the trade war deepened and the risk of a recession in the US rose, Danske Bank’s FX analyst Frederik Romedahl reports. Oil price sell-off a...
Scammer hit with a dose of karma after $27 million liquidation
A cryptocurrency scammer behind the fraudulent blockchain-based gambling project ZkCasino has recorded massive losses of over $27 million through liquidation. The individual, who had previously swindl...
S&P 500 fell 3.5%, Allegedly Entering Bear Market Territory
Stock Market US stocks plunged Monday morning, with global markets extending declines after President Trump signaled that his so-called “reciprocal” tariffs would remain in place for the foreseeable f...