The Australian Dollar declines 0.30% against the US Dollar amid a stronger greenback and mixed Chinese economic signals. The AUD/USD pair fell to around 0.7000 on Monday, down 0.30% for the day, as a rebound in the US Dollar (USD) offset support from Chinese economic data.
The Australian Dollar declines 0.3% against the US Dollar amid stronger USD demand and mixed Chinese manufacturing data. AUD/USD fell to around 0.7000 on Monday, down 0.3% as a rebound in the US Dollar offset support from Chinese economic indicators. The decline follows a
The sale marks Shell’s shift toward higher-margin energy segments as it trims lower-return renewable assets. Shell has agreed to sell its European onshore renewables portfolio to TotalEnergies, including 0.5 gigawatts of operational and in-development capacity. The assets
TotalEnergies has entered into two separate agreements in the European renewables sector involving the acquisition of assets from Shell and the partial sale of a portfolio to KKR. The agreement with Shell covers TotalEnergies' acquisition of the former's entire European on
Japan’s currency rises for a third session amid warnings of further FX intervention after last week’s coordinated yen-buying moves. The yen climbed for a third consecutive session, gaining 0.39% to 156.76 per dollar, as traders brace for potential further intervention by J
AI chip startup Olix triples valuation in six months with Europe’s largest semiconductor venture funding round to date. AI chip startup Olix has closed a $312 million Series B at a $3.3 billion valuation, marking Europe’s largest semiconductor venture capital round. The fu
FUNDAMENTAL OVERVIEW USD: The US dollar sold off across the board in the final part of last week. The initial weakness came from the FOMC rate decision as the extra dissent from Fed’s Kashkari wasn’t taken as a major hawkish surprise On Thursday, we had heavy dollar
WTI crude futures decline sharply on expectations of reduced geopolitical risk in the Middle East following renewed negotiations. West Texas Intermediate crude futures fell 7.4% to $78.50 during European trading hours, extending early-session losses. The drop follows the a
Tokyo and Washington confirmed their first coordinated currency support since 2011, selling dollars to halt the yen's 40-year decline. Japan and the United States intervened jointly in currency markets for the first time since 2011, selling nearly $60 billion to bolster th
Crypto exchange Bitget will stop accepting new registrations from Japanese users, announcing a phased exit that culminates in forced position closures by December 31, 2026. The withdrawal comes as Japan tightens its licensing regime and grapples with severe currency turbul
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