US unemployment filings rose to 225K, exceeding the 213K estimate, weakening the USD before key Nonfarm Payroll data. The Euro rose 0.12% against the US Dollar as higher-than-expected US jobless claims weighed on the Greenback. Initial unemployment filings reached 225K for
Spot bitcoin ETFs post 13 straight days of net outflows, pushing total assets down to $82.8bn from $107.8bn in mid-May. Bitcoin fell 13% this week, its steepest decline since February, as spot ETFs recorded a 13th consecutive day of net outflows. Total assets in these fund
The currency pair remains subdued as Fed officials signal prolonged high rates and geopolitical risks support the USD. The NZD/USD pair traded at 0.5867 on Friday, reflecting muted movement as the USD strengthened on cautious Federal Reserve commentary and safe-haven deman
UOB analysts see further USD strength against SGD but note overbought conditions capping gains at 1.2855 resistance. The USD/SGD pair climbed to a two-month high of 1.2841, up 0.34%, driven by strong momentum favoring the US dollar. Analysts highlight overbought conditions
Proposed amendment would bar lawmakers and families from trading on election and policy outcomes under H.R. 7008. A Republican lawmaker plans to amend a congressional stock ban bill to include prediction markets such as Polymarket and Kalshi. The move targets platforms whe
Strategy paused Bitcoin accumulation to repurchase $1.38 billion in debt, triggering a 21% BTC decline to $61,000. Bitcoin fell 21% to $61,000 over 10 days after Strategy paused its BTC purchases to buy back $1.38 billion in corporate debt. The move raised concerns over li
The US Dollar Index rebounded to 99.45 after Fed officials' comments fueled investor caution before Friday's Nonfarm Payrolls report. The US Dollar Index (DXY) erased early losses, climbing to 99.45 during the North American session after dropping to 99.18 earlier in the d
Zumiez reports Q1 GAAP EPS of -$0.82 Zumiez reported a Q1 GAAP EPS of -$0.82, missing by $0.01. The company's revenue was $193.3M, a 4.9% year-over-year increase, beating by $2.28M. As of May 2, 2026, Zumiez had $124.2 million in cash and current marketable secur
Stocks rally on geopolitical optimism and lower crude prices, while US jobless claims exceed estimates for the first time in weeks. The S&P 500 closed at a record high, gaining 0.4%, as optimism over potential peace deals in Ukraine and Lebanon weighed on oil prices. WTI c
The Dow surged 1.73% to a new high, driven by gains in financials and healthcare, while tech-heavy NASDAQ slipped 0.09%. The Dow Jones Industrial Average closed at a record high, rising 1.73% as financial and healthcare stocks led the rally. UnitedHealth, Goldman Sachs, an