News
Important Only
China sentiment improves amid stimulus talk, but Morgan Stanley still cautious
Investing.com-- Sentiment towards Chinese stock markets had improved in recent signals after the government provided more verbal signals on stimulus, although Morgan Stanley (NYSE:MS) recommended seeking more clarity on policy execution.
WTI consolidates around $69.65-$69.70 area, below monthly peak set on Thursday
West Texas Intermediate (WTI) US Crude Oil prices struggle to gain any meaningful traction during the Asian session on Friday and remain on the defensive below the monthly top, around the $70.30 area touched the previous day.
Fxstreet
Fri, Dec 13
Apple nears switch from Broadcom chips; eyes in-house launch next year: Bloomberg
Investing.com -- Apple Inc is set to replace Broadcom components with its own in-house chip for Bluetooth and Wi-Fi connections starting next year, Bloomberg reported Wednesday, citing people familiar with the matter.Investing.com
Fri, Dec 13
GBP/USD breaks down as Pound bulls roll over
GBP/USD lost its grip on Thursday, easing back below the 1.2700 handle and shedding over half of a percent in the pair’s worst showing in weeks. US Producer Price Index (PPI) inflation rose faster than expected in November, and US weekly Initial Jobless Claims also rose faster than forecasts.
Fxstreet
Fri, Dec 13
EUR/USD pushed into a fifth straight loss, falls below 1.05 again
Fiber eased lower for for a fifth consecutive trading day after the European Central Bank (ECB) trimmed interest rates by another 25 bps, with broader market sentiment keeping one foot firmly in the Greenback for the day.
Fxstreet
Fri, Dec 13
Chainalysis extends Solana support to cover Pump.fun memecoins
Blockchain data platform Chainalysis has broadened its scope to cover Solana’s Pump.fun memecoins. With this decision, crypto exchanges can now list Pump.fun memecoins on their portfolio with full compliance coverage, and even governments can check for scams or rug pulls.Costco posts higher first quarter revenue, profit helped by holiday demand
Investing.com -- Costco Wholesale Corp (NASDAQ:COST) reported higher quarterly revenue and better-than-expected profit on Thursday, as budget-conscious consumers turned to its warehouses for low-priced groceries and discretionary items.Investing.com
Fri, Dec 13
Ethereum Price Forecast: ETH could see new all-time high above $5,000, on-chain data signals bullish momentum
Ethereum (ETH) is up 1% on Thursday as it aims to tackle the selling pressure near the $4,000 psychological level. On-chain data shows that ETH has begun seeing increased bullish momentum, which could push its price to a new all-time high above $5,000.Fxstreet
Fri, Dec 13
