Highwood Asset Management (HAM:CA) announced it has entered into a definitive asset purchase and sale agreement to divest its Wilson Creek assets to Obsidian Energy (OBE) for total consideration of up to $112 million. Under the terms of the agreement, Highwood Newsletters
Bloomberg Odd Lots Host Says This May Be the "Coldest Crypto Winter Ever" Bloomberg Odd Lots host Joe Weisenthal said in his newsletter that this may be the "coldest crypto winter ever." He argued that crypto faces multiple narrative pressures, including fading "we're still...</p
Franklin Templeton says Wall Street fears blockchain because it threatens its profits Jenny Johnson, Franklin Templeton's CEO, said blockchain and crypto threaten a huge number of business models that exist today in traditional finance. What to know: - Franklin Templeton C
OCBC maintains a gradual easing outlook for oil prices into late 2026 despite near-term support from geopolitical tensions. Brent crude fell below $100 per barrel on ceasefire optimism but remains underpinned by elevated geopolitical risks and vulnerability in the Hormuz S
USD strengthens on escalating Middle East risks and strong US economic data, pushing the Dollar Index toward key resistance. The US Dollar Index climbed to 99.35 on Wednesday, up 0.4% over three days, as geopolitical tensions in the Middle East fueled demand for the safe-h
AUD/JPY falls to 114.45 on weaker Australian GDP The AUD/JPY cross has lost momentum, slipping below 114.50 to around 114.45. Weaker Australian GDP has contributed to the decline. Verbal intervention from Japanese authorities has provided support to the Jap
Weaker-than-expected Australian GDP growth weighs on the AUD, while Japanese verbal intervention supports the JPY. The AUD/JPY pair retreated to around 114.45 in early European trading on Wednesday, pressured by softer Australian GDP data. Australia’s economy grew 2.5% yea
Some of the information the two watchdogs will share includes the issued stablecoin, total volume in circulation, the number of holders, results of external and internal audits and the regulatory standing of specific products and services. The MOU also provides a framework
Here is what you need to know on Wednesday, June 3: The US Dollar (USD) holds its ground midweek as markets react to a new escalation of tensions in the Middle East. In the second half of the day, the US economic calendar will feature ADP Employment Change, ISM Services PM
MUFG’s Michael Wan notes that stronger US labour data have lifted US yields and supported the US Dollar (USD), complicating prospects for near-term Fed rate cuts. He highlights upcoming US ISM Services, Fed Beige Book and Non-Farm Payrolls (NFP) as crucial for US rates and