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Taiwan leads Asian rally as AI optimism lifts sentiment; Thai baht weakens
Oct 9 (Reuters) - Taiwan stocks scaled another fresh record on Thursday, spearheading gains across Asia as markets regained momentum on renewed optimism around AI-driven headlines, while Philippine equities edged up ahead of a closely-contested rate decision.Reuters
Thu, Oct 9
New Zealand delivers jolt to frail economy with 50-bp rate cut, flags more easing
RBNZ cuts benchmark rate by an aggressive 50bps, signals more to comeNZ dollar and interest rate swaps tumble post-rate cutRBNZ's larger cut comes as economy struggles despite previous raft of cutsNZ Prime Minister Luxon has supported lower cash rate amid economic challengesRBNZ sees inflation r...Reuters
Thu, Oct 9
AMD Shares Surge 43% in Three Days as Analysts Bet on OpenAI Deal to Shatter the Runner-Up Mold
TradingKey - A landmark equity-for-compute deal between AMD and OpenAI has prompted Wall Street to reassess the long-term prospects and competitive standing of this Nvidia challenger. In just one week, nearly 30 analysts updated ratings and price targets, sending AMD’s stock soaring 43% over three
TradingKey
Thu, Oct 9
IMF says global economy is more resilient than expected
Kristalina Georgieva, former Vice-President of the European Commission and now Managing Director of the International Monetary Fund (IMF), stated that the global economy has shown greater resilience than many had expected, despite facing multiple major shocks.Cryptopolitan
Thu, Oct 9
Gaza Peace Plan Challenges Gold’s Record High at $4,000 — Technical Overbought Signals Correction
TradingKey - After gold’s historic breakthrough above $4,000 per ounce, easing geopolitical tensions in the Middle East have cooled investor enthusiasm, while its overbought technical condition is prompting traders to consider profit-taking.
TradingKey
Thu, Oct 9
Israel and Hamas agree to first phase of Trump's plan to end Gaza war
Israel and Hamas agreed on Wednesday to the first phase of U.S. President Donald Trump's plan for Gaza, a ceasefire and hostage deal that could open the way to ending a bloody two-year-old war that has upended the Middle East.Reuters
Thu, Oct 9
Coinbase Premium Gap Signals Strongest Bitcoin Accumulation Since ETF Launch – Details
Bitcoin faced a swift correction below the $125,000 level after reaching a new all-time high of $126,200 on Monday, triggering widespread volatility across the market. The price retraced over 4% to around $120,000, liquidating millions in leveraged positions as traders anticipated further upside.
NewsBTC
Thu, Oct 9
USD/JPY extends the rally above 152.50 on fiscal fears in Japan
The USD/JPY pair extends its upside to near 152.60, the highest since February, during the early Asian session on Thursday. The US Dollar (USD) edges higher against the Japanese Yen (JPY) despite US government shutdown concerns. The US weekly Initial Jobless Claims will be postponed again later onFxstreet
Thu, Oct 9
US STOCKS-S&P 500, Nasdaq end higher as tech strength outweighs Fed concerns
Technology shares boosted U.S. stocks to a higher close on Wednesday as investors, lacking economic data during the government shutdown, looked to minutes from the Federal Reserve's most recent policy meeting for clues to the outlook for interest rates.
Analyst Urges All XRP Investors To Pay Attention To This Connection No One Has Made Before
The XRP community has been called to attention after a new analysis linked the cryptocurrency’s trajectory to a powerful market force that many have overlooked. A recent breakdown by crypto analyst Austin Hilton has spotlighted a direct connection between XRP and Bitcoin that could shape how investo
Trump says Israel, Hamas signed off on first phase of Gaza deal
WASHINGTON, Oct 8 (Reuters) - Israel and Hamas have signed off on the first phase of the U.S.-proposed Gaza deal, allowing for the release of all Israeli hostages, U.S. President Donald Trump announced on Wednesday. "I am very proud to announce that Israel and Hamas have both signed off on the f...
Bitcoin Market Turns Positive As Futures Open Interest Rises Sharply – More Price Growth?
The past few days have been remarkably positive for Bitcoin, the leading crypto asset, as it surges to a new all-time high above the $125,000 price mark. However, as Tuesday drew to a close, the crypto king experienced a slight pullback. During the notable upward performance in price, several metricNvidia–xAI Boosts Chip Stocks. AMD Surges Another 11%; Nvidia Jumps 2%
Chip stocks soared Wednesday on Bloomberg reports — now confirmed by Nvidia CEO Jensen Huang — that Nvidia is among the investors financing the latest funding round for Tesla CEO Elon Musk's AI company, xAI.Wolfspeed rose 14%; AMD rose 11%; Super Micro Computer rose 7%; Marvell Technology and ON SemTiger News
Wed, Oct 8
