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China, HK stocks rise as Middle East truce lifts sentiment
SHANGHAI, June 25 (Reuters) - Mainland China and Hong Kong stocks edged higher on Wednesday as global sentiment improved following a ceasefire between Israel and Iran, while some hopes for an earlier-than-expected rate cut from the Federal Reserve also lent support.
China's yuan hovers near one-month high on Mideast ceasefire optimism
HONG KONG, June 25 (Reuters) - China's yuan edged higher against the U.S. dollar on Wednesday, nearing its strongest level in a month, as a truce between Israel and Iran continued to lift market sentiment. The ceasefire brokered by U.S. President Donald Trump between Iran and Israel appeared to be..Reuters
Wed, Jun 25
Guotai Junan International Soars Over 80% After Gaining Approval to Offer BTC and ETH Trading
Guotai Junan International (01788.HK) surged more than 80% on Wednesday, June 25, after announcing it had received regulatory approval to offer cryptocurrency trading services, including Bitcoin (BTC) and Ethereum (ETH). The stock hit a 10-year high of HK$2.50 before pulling back to aro
TradingKey
Wed, Jun 25
Copper edges higher on softer dollar, tentative Middle East truce
SINGAPORE, June 25 (Reuters) - Copper prices on the London Metal Exchange and the Shanghai Futures Exchange edged higher on Wednesday, supported by a softer dollar and improved risk sentiment amid a tentative ceasefire between Iran and Israel.Reuters
Wed, Jun 25
WTI drifts lower below $65.00 after Israel agrees to Iran ceasefire
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $64.90 during the Asian trading hours on Wednesday. The WTI price tumbles to a two-week low near $64.75 after Israel agrees to a ceasefire with Iran after nearly two weeks of conflict.
Fxstreet
Wed, Jun 25
HK Movers | Guotai Junan International Soars 58% After Approval to Offer Crypto Trading
Guotai Junan International announced that Guotai Haitong Group's subsidiary, Guotai Junan International Holdings Limited, officially received approval from the Hong Kong Securities and Futures Commission on June 24th.Tiger News
Wed, Jun 25
XRP Pullback Nearly Complete—Next Stop: $8 To $12, Says Analyst
The cryptocurrency market’s sharp retracement may be approaching its denouement, according to prominent trader and YouTuber CryptoInsightUK, who told his followers on 23 June that XRP is “really flipping close” to completing the final leg of a corrective structure that began in early April.
NewsBTC
Wed, Jun 25
WRAPUP 19-US strikes failed to destroy Iran's nuclear sites, intelligence report says
LATEST DEVELOPMENTS:Israeli prime minister, Iran president both claim victoryUS airstrikes only set back Iran's nuclear program by months, initial US intelligence assessment findsUS tells UN Security Council that strikes 'degraded' nuclear programBy Gram Slattery, Alexander Cornwell and ...Reuters
Tue, Jun 24
Nektar's lead drug candidate shows promise in eczema trial, shares soar
By Puyaan SinghJune 24 (Reuters) - Nektar Therapeutics NKTR.O said on Tuesday its lead drug candidate met the main goal of a mid-stage study testing the drug in eczema patients, sending its shares up by nearly 140%.In the 393-patient global trial, experimental drug rezpegaldesleukin induced a statis...Reuters
Tue, Jun 24
Trading Guide Under Trump’s Tariff: Favor Euro and Yen, Emerging Market Equities Seen Most Optimistic in Two Years
TradingKey - Trading data and investor surveys indicate that Trump’s tariff policies are indeed weighing on U.S. dollar assets, and the sell-off of the greenback is more than just Wall Street analysts’ commentary. Amid prolonged uncertainty over trade policy, investors are showing a stronger ...
Japan’s 20-Year Bond Auction Remains Cautious – Is July the Turning Point for JGBs?
TradingKey - On Tuesday, June 24, Japan's Ministry of Finance conducted a 20-year government bond auction, where demand showed some improvement compared to previous auctions but still fell short of market expectations. Investors are now turning their attention to next week’s revised 30-year bondTradingKey
Tue, Jun 24
