ECB President Christine Lagarde emphasizes the need for central bank autonomy to prevent inflationary pressures from political interference. European Central Bank President Christine Lagarde reiterated the importance of central bank independence in a speech in Phnom Penh,
Japanese Yen: Downtrend intact against US Dollar with 159.95 in focus – UOB UOB’s Quek Ser Leang and Lee Sue Ann report USD/JPY closed at 159.51, its second straight daily gain, and see scope for further upside. Intraday, they expect a test above 159.70, though 159.95 is u
Vitalik Says Real "CROPS AI" Must Run Across Hardware Ethereum co-founder Vitalik Buterin updated his progress on local AI, saying DeepSeek V4 now has a 2-bit quantized version that can run within about 90 GB of VRAM, reaching roughly 35 tokens per second on Apple hardware and...
📉 Market Overview Crypto markets returned to extreme fear territory as Bitcoin fell below $73,000 following U.S. airstrikes on Iran, triggering a broad sell-off across digital assets and other risk markets. Nearly $1B in leveraged crypto positions were liquidated over t
Two supertankers and an LNG carrier have passed through the Strait of Hormuz this week and are currently en route to their destinations in China and India, Reuters reported today, citing data from Kpler and LSEG. One of the tankers is loaded with 2 million barrels of Saudi
NZD/USD pair falls to 0.5885 The New Zealand Dollar has lost ground against the US Dollar. The NZD/USD pair is trading at around 0.5885 during early European hours. Geopolitical tensions between the US and Iran are weighing on the NZD.
Geopolitical tensions between the US and Iran overshadow the RBNZ’s hawkish policy stance, pressuring the New Zealand Dollar. The NZD/USD pair fell to around 0.5885 in early European trading Thursday, as renewed US-Iran military strikes dampened risk sentiment. Overnight a
Investors flee risk assets amid geopolitical escalation, pushing BTC and ETH to multi-month lows below key levels. Cryptocurrency markets erased $80 billion in value after US strikes on Iran heightened geopolitical risks, triggering a flight to safety. Bitcoin and Ether, t
Equities retreat 0.5-1% in early trading as geopolitical risks and profit-taking weigh on momentum stocks after a 30% monthly gain. Global equities are poised to open 0.5-1% lower as oil prices and bond yields climb following renewed US-Iran tensions. Futures point to decl
BNY strategists note Canadian Dollar dynamics diverge from the U.S. due to equity-based reallocation favoring CAD. The Canadian Dollar (CAD) is receiving near-term support from equity-based rebalancing flows, contrasting with U.S. trends. Strategists highlight that growth
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