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ECB's Villeroy: Deposit rates could be at 2% by this summer
European Central Bank policymaker and Bank of France head, Francois Villeroy de Galhau, said on Saturday that the ECB could cut its deposit rate down to 2% by this summer, per Reuters.
Fxstreet
Mon, Feb 24
Bitcoin ETFs Post Second Straight Week Of $500 Million Outflow — Details
The US-based spot Bitcoin ETFs (exchange-traded funds) recorded their second consecutive week of significant outflows over the last five-day trading period. This recent run of disappointing performances reflects the ongoing shift in investor sentiment in the United States. Over the past year, strong
Bitcoin
Bitcoinist
Mon, Feb 24
Elon Musk tells federal workers: Explain your job or you’re fired
Elon Musk told every US government employee on Saturday they must clearly say what they did last week—or else they’re out of a job. Elon posted on X (formerly Twitter) that this sudden demand came directly from President Donald Trump.
Cryptopolitan
Sun, Feb 23
Oil settles down $2, posting weekly loss as Mideast risk premium fades
Brent and WTI post weekly decline Analysts point to media reports on new coronavirus discovery Analysts view fading risk premium as Gaza ceasefire holdsUS crude stocks rose, gasoline and distillates decline, EIAU.S. energy firms add oil and natural gas rigs, Baker Hughes Kazakh oil output at record...
Reuters
Fri, Feb 21
ANALYSIS-Ukraine's bond investors left reeling as ceasefire hopes sour
Trump’s Ukraine criticisms spooked investorsBonds have taken big hit after roaring rallyReconstruction prospects dim without strong peace dealRecasts Feb 20 story with scale of bond losses after early Friday movesBy Libby George and Marc Jones LONDON, Feb 21 (Reuters) - Ukrainian bond prices have...
Reuters
Fri, Feb 21
Block shares slump 7% premarket on fourth-quarter profit miss
Shares in Block dropped in extended hours trading after the payments firm reported lower-than-anticipated fourth-quarter income despite receiving a boost from relatively strong holiday spending activity and a post-election spike in the price of Bitcoin.
Investing.com
Fri, Feb 21
US securities regulator to drop lawsuit against Coinbase, exchange says
Coinbase COIN.O said on Friday the U.S. securities regulator planned to withdraw its lawsuit against the crypto exchange, ending a contentious years-long legal battle once considered existential for the trading platform and the broader sector.
Bitcoin
Reuters
Fri, Feb 21
Musk's X gets German judge removed in battle over election data
Elon Musk-owned X has secured a German court motion to remove a judge overseeing a legal battle between the social media giant and two activist groups over sharing election data, a court document seen by Reuters on Friday showed.
Reuters
Fri, Feb 21
US Dollar pushes back against the latest decline on Friday
The US Dollar Index (DXY), which tracks the performance of the US Dollar (USD) against six major currencies, pushes back on its recent decline and trades slightly below 107.00 at the time of writing on Friday.
Fxstreet
Fri, Feb 21
Rivian to recall over 17,000 vehicles in US over headlight issue
Feb 21 (Reuters) - Rivian RIVN.O said on Friday it is recalling 17,260 vehicles in the U.S. due to a headlight issue that could reduce visibility and increase the risk of a crash.
Reuters
Fri, Feb 21
Euro zone bond yields fall on weak French data, set for weekly rise
LONDON, Feb 21 (Reuters) - Euro zone bond yields fell on Friday after French survey data pointed to a worse-than-expected outlook for the economy, potentially bolstering the case for deeper interest rate cuts by the European Central Bank.
Reuters
Fri, Feb 21
Silver price today: Silver broadly unchanged, according to FXStreet data
Silver prices (XAG/USD) broadly unchanged on Friday, according to FXStreet data. Silver trades at $32.87 per troy ounce, broadly unchanged 0.07% from the $32.89 it cost on Thursday. Silver prices have increased by 13.76% since the beginning of the year.
Silver
Fxstreet
Fri, Feb 21
Grayscale's XRP ETF Hits Federal Register; SEC Must Decide by October 18!
Grayscale's spot XRP ETF has been submitted to the Federal Register, signaling that the SEC has begun its review and must approve or deny it by October 18.
XRP
TradingKey
Fri, Feb 21
Chinese universities launch DeepSeek courses to capitalise on AI boom
HONG KONG, Feb 21 (Reuters) - Universities across China have launched artificial intelligence (AI) courses this month based on Chinese AI startup DeepSeek, whose AI breakthrough has been described as a "Sputnik moment" for China and garnered widespread attention.The move comes as Chinese aut...
Reuters
Fri, Feb 21
US Dollar Index Price Forecast: Tests 106.50 near descending channel's lower boundary
The US Dollar Index may find immediate support at the descending channel’s lower boundary at 106.10. The 14-day RSI remains below 50, reinforcing bearish bias. The primary resistance appears at the nine-day EMA at 107.00.
Fxstreet
Fri, Feb 21
Europe before the bell: modest open awaits, STOXX to stay at record
European futures are hinting at modest rises at the open, and while the STOXX 600 looks set to break eight weeks of straight gains this week, it is likely to remain at a record high. EuroSTOXX50 STXEc1 futures are up 0.2%, while FTSE futures FFIc1 are off 0.1% and DAX futures FDXc1 are ticking 0.1%
EUR/USD
Reuters
Fri, Feb 21
DTCC Officially Announces Litecoin - Is a Spot ETF Coming Soon?
The DTCC website has listed the Litecoin spot ETF from cryptocurrency investment firm Canary, boosting LTC prices and triggering a rebound. Will it be able to break through the strong resistance level of $140?
Litecoin
TradingKey
Fri, Feb 21
Sterling edges up after stronger UK retail sales
LONDON, Feb 21 (Reuters) - The pound edged up on Friday after data showed UK consumer spending picked up much more sharply than expected in January, but was weaker in the key shopping month of December than initially thought.British retail sales rose by 1.7% in January, figures from the Office for N
Reuters
Fri, Feb 21
Dollar near year-to-date lows as bulls get nervous; yen retreats from high
Yen breaks below 150 on Japan CPI before retreating Sterling, Australian and New Zealand dollars at year-to-date highs Euro firm ahead of German election
USD/JPY
Reuters
Fri, Feb 21
Powell's Warning Ignored! Musk: Considering Auditing the Federal Reserve!
Ignoring Powell's warnings, Elon Musk, head of the "Government Efficiency Department," has announced he is considering auditing the Federal Reserve.
TradingKey
Fri, Feb 21
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