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Stocks
IBM Launches New Services to Help Oracle Clients Extend Generative AI
IBM (NYSE: IBM) announced it has expanded its consulting services and solutions to help clients derive greater value from Oracle's cloud applications and technology and extend generative AI with an open, orchestrated approach.
Commodities
Oil futures off lows after API data show surprise draw in US crude stocks
U.S. crude oil futures moved off lows in post-settlement trading Tuesday after the American Petroleum Institute reported a surprise decline in weekly domestic crude stocks.
Forex
EUR/USD dips as German inflation falls, ECB rate cut looms
The EUR/USD retreated on Tuesday after the latest inflation report in Germany, which increased the likelihood of another interest rate cut by the European Central Bank (ECB).
Stocks
The US dollar is down but not out: BCA
Despite recent weakness, analysts at BCA Research in a note dated Monday assert that the US dollar remains resilient and is expected to rebound in the coming months.
Cryptocurrencies
Chainlink Becomes The Talk Of Social Media: Will This Fuel A Rebound?
Data shows Chainlink has been seeing many social media discussions recently, which may be bullish for its price
Cryptocurrencies
Ethereum Bullish Signal: Adoption Hits Four-Month High Rate
On-chain data shows the Ethereum adoption rate has hit a four-month high, which could be bullish for the cryptocurrency’s price.
Forex
EUR/USD skates on thin ice with US inflation, ECB policy in focus
EUR/USD struggles to gain ground near its weekly low of 1.1030 in Tuesday’s European session.
Cryptocurrencies
Bitcoin price today: rises to $56k on bargain buying, inflation in focus
Bitcoin’s price rose on Tuesday, extending a rebound in recent sessions as steep losses from last week saw bargain buyers step into cryptocurrency markets.
Forex
GBP/JPY remains stable around 187.00 following the mixed UK labor data
GBP/JPY maintains its position above 187.00 during the Asian hours on Tuesday.
Economics
Trump and Harris Face Off: Who is Better for U.S. Economic Prosperity?
TradingKey - Since Vice President Kamala Harris took over from Biden in the 2024 U.S. presidential election, the political landscape has shifted dramatically.
Commodities
Oil prices steady with storm disruptions, demand fears in focus
Investing.com-- Oil prices steadied in Asian trade on Tuesday as traders sought to gauge the impact of Tropical Storm Francine on U.S. oil production, while concerns over sluggish demand remained in play.
Commodities
Silver Price Forecast: XAG/USD remains below $28.50 due to market caution, looming US CPI
Silver price (XAG/USD) edges lower to near $28.30 per troy ounce during Tuesday’s Asian hours. Traders adopt caution ahead of the US inflation report scheduled to be released on Wednesday to gain insights regarding the potential magnitude of the Federal Reserve's (Fed) interest rate cut in September
Cryptocurrencies
Brazil’s Central Bank Expands Drex CBDC Pilot with 13 New Use Cases
The Central Bank of Brazil has announced 13 new use cases for the second phase of its Drex central bank digital currency (CBDC) pilot. These were chosen out of 46 […] The post Brazil’s Central Bank Expands Drex CBDC Pilot with 13 New Use Cases appeared first on Live Bitcoin News.
Cryptocurrencies
Solana Price (SOL) Shows Strength: Is a Return to $150 Possible?
Solana price formed a support base above the $120 level and started a recovery wave like Bitcoin and Ethereum. SOL traded above the $125 and $128 resistance levels. The price even climbed above $132 and tested the key barrier at $138.
Cryptocurrencies
Why Bitcoin ETFs Haven’t Sparked Major Adoption Yet: Bianco Research CEO Weighs In
In a post shared on Elon Musk’s social media platform, X, Bianco suggested that Bitcoin ETFs would need more time to mature before they could serve as a major “instrument of adoption” rather than just a “small tourist tool.”
Stocks
Chow Tai Fook Jewellery Group Unveils New Concept Store in Central Hong Kong, Advancing Brand Transformation Through Elevated Customer Experience
Chow Tai Fook Jewellery Group Limited (“Chow Tai Fook Jewellery Group”, the “Group” or the “Company”; SEHK stock code: 1929), the leading Chinese jeweller built on nearly a century of trust and innovation, is excited to announce the grand opening of its new concept store in Hong Kong.
Forex
EUR/USD struggles to lure buyers, remains below mid-1.1000s amid modest USD uptick
The EUR/USD pair recovers a few pips from a one-week low, around the 1.1030-1.1025 area touched during the Asian session on Tuesday and for now, seems to have snapped a two-day losing streak.
Forex
Asia FX muted, dollar advances with inflation, Fed on tap
Investing.com-- Most Asian currencies moved little on Tuesday, while the dollar crept higher in anticipation of key inflation data that is likely to factor into the outlook for U.S. interest rates. Most regional currencies were nursing some losses over the past week as risk appetite was battered by
Forex
EUR/USD slips as ECB rate cut expectations weigh, drops below 1.1100
The Euro registered losses of 0.44% on Monday as the shared currency extended its fall after clearing the 1.1100 support level.
Cryptocurrencies
Bitcoin’s Hashrate Hits Record High Despite Price Dip
This week, Bitcoin experienced a dip in value, falling below $55,000. However, behind the scenes, there was a noteworthy development.
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