News
Important Only
Bitcoin Holds Steady Amid Volatility As Altcoins And ERC20 Tokens Face Significant Sell Pressure – Details
Bitcoin has experienced a quiet weekend following the massive volatility it faced last week. The price closed around the $96,500 mark for five consecutive days and has ranged between $95K and $98K in the past hours, signaling a lack of clear direction in the short term.
Gold firms on US tariff concerns ahead of key US data
Bullion hit a record high of $2,942.70/oz on TuesdayTrump says he will sign reciprocal tariffs order soonUS Jan CPI increased at fastest pace in nearly 1-1/2 yearsUS PPI data due at 1330 GMTAdds comment, updates with mid-session tradingBy Anushree Mukherjee Feb 13 (Reuters) - Gold gained on Thurs...Reuters
Thu, Feb 13
China proposes Putin-Trump summit to end Ukraine war, WSJ reports
China floated proposal to hold Putin-Trump summit - WSJChinese foreign ministry says it has "no information" to offerChina "happy" to see Russia, U.S. strengthening communicationAdds comments from Chinese foreign ministry throughoutBy Mei Mei Chu and Ryan Woo BEIJING, Feb 13 (Reut...Reuters
Thu, Feb 13
Alibaba's Hong Kong shares hit 3-year peak on Apple AI partnership
Update milestone, stock price, company confirmation** Hong Kong shares of Alibaba 9988.HK jump as much as 9.2% to HK$124.3 - highest since January 2022, on track for the second session of gain** Stock is the most actively traded shares by turnover** Alibaba's U.S. shares BABA.N jumped 4.9% on We...Reuters
Thu, Feb 13
US January CPI Surpasses Expectations, 2025 Rate Cuts in Doubt? Trump Might Have a Solution!
The U.S. January CPI results have exceeded expectations across the board, with core CPI growth reaching its highest level in nearly a year. Hopes for rate cuts in the first half of 2025 have been dashed, as Wall Street now speculates that rate cuts—or even hikes—may not occur until the end of the...TradingKey
Thu, Feb 13
ECB’s Vujčić: Market expectation for three more rate cuts this year not unreasonable
European Central Bank (ECB) policymaker Boris Vujčić noted on Thursday that the market is pricing in three more rate cuts this year and added that those expectations are not unreasonable, per Reuters.Fxstreet
Thu, Feb 13
Japan's 10-year bond yield hits near 15-year high after US inflation data
TOKYO, Feb 13 (Reuters) - Japan's 10-year government bond yield hit a near 15-year high on Thursday, after U.S. Treasury yields rose on stronger-than-expected U.S. inflation, while investors braced for an early interest hike by the Bank of Japan as the yen weakened. The 10-year JGB yield JP10YTN...Reuters
Thu, Feb 13
US Dollar Index (DXY) touches fresh weekly low around 107.60; downside seems limited
The US Dollar Index (DXY), which tracks the Greenback against a basket of currencies, extends the previous day's retracement slide from over a one-week high and drifts lower through the Asian session on Thursday.Fxstreet
Thu, Feb 13
Silver Price Forecast: XAG/USD gains traction above $32.00 on trade war concerns
Silver price drifts higher to $32.25 in Thursday’s Asian session. Rising concerns about trade tension and potential retaliatory measures by Trump support the Silver price. Fed’s Powell emphasized that the central bank is in no rush to cut rates and there has been great progress on inflation.
Fxstreet
Thu, Feb 13
