GBP/USD recovers its losses registered in the previous two successive sessions, trading around 1.3350 during the Asian hours on Wednesday. The pair appreciates as the US Dollar (USD) declines on the increased likelihood of further rate cuts by the Federal Reserve (Fed) in 2025. CME FedWatch Tool indicates that markets are now pricing in nearly …
GBP/USD rises to near 1.3350 due to rising Fed rate cut bets Read More »
Stripe’s new stablecoin features could expand global access to stablecoin-based transactions. Photo: T. Schneider Key Takeaways Stripe is piloting stablecoin payments for subscription services. Recent launches include tools for businesses to issue stablecoins and integrate customizable onramps for stablecoin payments in apps. Stripe has rolled out stablecoin subscription payments for select users, according to new …
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Disclaimer: This is a Press Release provided by a third party who is responsible for the content. Please conduct your own research before taking any action based on the content. Chainlink Price Prediction is once more taking center stage as investors turn their attention to tokens with seeming real-world usage. As investors search for the …
Bank of England (BoE) Governor Andrew Bailey spoke at a fireside chat at the Institute of International Finance Annual Membership Meeting in Washington, DC. In his speech, Bailey claimed that today’s labor market data backs his view of a softening labor market. Key Quotes Today’s labor market data backs my view of a softening labour …
BoE’s Bailey: Labor market data backs view of softening labor market Read More »
It’s been a whirlwind of news across markets and geopolitics today! LG Electronics India made a stunning debut, listing at a whopping 50% premium and boasting a market cap that’s 40% higher than its South Korean parent. Meanwhile, tech giant Google is set to pour $15 billion into its biggest-ever AI hub outside the US, …
HomeMarket NewsUS Stock Market LIVE Updates: Dow turns positive, erases 600-point deficit as investors try to shrug off latest US-China trade worries US Stock Market LIVE Updates: Stocks fell Tuesday (October 14), resuming the selling seen late last week, as trade worries were reignited overnight by China. The Dow Jones Industrial Average lost 504 points, …
HomeMarket NewsIndia allows free sale of limestone by leaseholders to boost rural incomes, cement capacity The Centre has allowed limestone mining leaseholders to freely sell the mineral to any industry, ending end-use restrictions to spur rural incomes, job creation, and cement sector expansion. India has allowed limestone mining leaseholders to freely sell the mineral to …
Some large institutional stakeholders in homegrown beer maker B9 Beverages, the parent of Bira 91, have begun discussions to remove founder and chief executive Ankur Jain, amid mounting losses, governance concerns, and an escalating cash crisis, sources close to the company told CNBC-TV18 on Tuesday. The move is being spearheaded by Kirin Holdings (Japan) and …
HomeMarket NewsQ2 Results Highlights: Tech Mahindra in line with estimates, ICICI Lombard okays dividend Follow CNBC-TV18’s Q2 results blog for earnings highlights and key takeaways! Q2 Results Highlights: Several companies, including Tech Mahindra, Persistent Systems, Cyient DLM, IREDA, Bank of Maharashtra, GTPL Hathway, ICICI Lombard, ICICI Prudential, Automobile Corporation of Goa, Aditya Birla Money, Navkar …
Institutional demand in Europe drives mainstream adoption as established asset managers integrate digital assets into traditional investment products. Key Takeaways Amundi, with €2.3 trillion in assets under management, is preparing to enter the crypto ETF market. The move aligns with Amundi’s recent acknowledgment of digital assets like Bitcoin as part of broader discussions on inflation …
€2.3 trillion Amundi to launch Bitcoin investment product Read More »