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US Treasury’s Bessent: Japanese government gives BoJ policy space, avoid excess FX volatility
US Treasury Secretary Scott Bessent said on Wednesday that the government’s willingness to allow the Bank of Japan (BoJ) policy space will be key to anchoring inflation expectations and avoiding excess foreign exchange (FX) volatility.
Fxstreet
Wed, Oct 29
‘One-Stop Shop’ SoFi Posts 129% Q3 Net Income Surge, Achieves Five New Records
TradingKey - SoFi Technologies (SOFI), a leading fintech company championing a “one-stop shop” strategy, delivered another strong earnings report on Tuesday, setting all-time highs across five core metrics: total revenue, net profit, fee-based income, membership, and product. SoFi shares rose about
SoFi Technologies Inc
TradingKey
Tue, Oct 28
China Intensifies Crypto Crackdown With Latest Warning Against Stablecoins
Despite facing criticism for lagging behind the United States in creating a more accommodating environment for cryptocurrency growth and adoption, China reaffirmed its stringent stance on crypto once again this week. Authorities issued warnings about the alleged risks posed by stablecoins, particula
NewsBTC
Tue, Oct 28
USD/INR rises further Indian Rupee weakens on rising oil price
The Indian Rupee (INR) extends its downside against the US Dollar (USD) at open on Tuesday. The USD/INR jumps to near 88.60 as the Indian Rupee underperforms due to a recovery move in the Oil price seen in the past week.
Fxstreet
Tue, Oct 28
DeepSeek and Alibaba’s Qwen AI models saw a 100% increase in nine days
DeepSeek and Qwen, two leading Chinese AI systems, have outperformed Western rivals, including ChatGPT, achieving gains of over 100% in just nine days during a live crypto trading event.
Cryptopolitan
Tue, Oct 28
China's Shanghai Composite Index Surpasses 4,000 Points, Hits 10-Year High
China’s Shanghai Composite Index Surpasses 4,000 Points, Hits 10-Year High
Tiger News
Tue, Oct 28
Gold Holds Near $4,000 as US-China Progress Damps Haven Demand
Gold recovered slightly after dropping below $4,000 an ounce on Monday, as progress in US-China trade talks reduced demand for safe-haven assets.
Gold
Tiger News
Tue, Oct 28
Tesla Gains Massive Vote of Confidence on Compensation Plan for Elon Musk
The State Board of Administration of Florida (SBA) has given a significant endorsement to Tesla's proposed $1 trillion compensation plan for CEO Elon Musk. This development was disclosed in a filing submitted to the Securities and Exchange Commission (SEC) on Monday.
Tesla Inc
Tiger News
Tue, Oct 28
Alphabet Stock Rises 3.6% to Record High. JPMorgan Raises Alphabet's PT to $300 on AI Strength
JPMorgan has raised its price target on Alphabet stock to $300.00 from $260.00 while maintaining an Overweight rating.
Alphabet Inc Class C
Alphabet Inc Class A
Tiger News
Tue, Oct 28
Nasdaq Jumps 1.86%, S&P Rises 1.23% to Fresh Highs; Nvidia, AMD Advance Nearly 3%; Tesla Gains over 4%; Qualcomm Surges 11%
Wall Street's main indexes posted record closing highs for the second day in a row on Monday as investors were hopeful about the prospects for a U.S.-China trade deal and looked forward to a week packed with high-profile technology earnings and a widely expected U.S. interest rate cut.
Tiger News
Tue, Oct 28
USD/JPY drifts lower, nearing 152.50 as Fin. Min. Katayama speaks
US Dollar rally has been capped at the 153.30 area earlier on Monday, the same area as in early October, and the pair trimmed gains to reach intra-day lows at 152.60 as Japan’s Finance Minister Satsuki Katayama spoke to the press, following a meeting with US Treasury Secretary Scott Bessent.
USD/JPY
Fxstreet
Mon, Oct 27
Gold weakens as US-China trade optimism lifts risk sentiment, focus turns to Fed
Gold (XAU/USD) kicks off the week with a negative tone, as improved risk appetite curbed demand for safe-haven assets. At the time of writing, XAU/USD is trading around $4,025, down over 2.0%, extending its retreat from last week’s record high of $4,381 after a wave of profit-taking spurred by progr
Gold
Fxstreet
Mon, Oct 27
Silver Price Forecast: XAG/USD hits fresh lows near $47.30 on risk appetite
Silver (XAG/USD) extends losses on Monday amid a positive market sentiment, following upbeat reports regarding a potential China-US trade deal. The white metal’s reversal from mid-October highs above $54.00 is approaching the $47.00 level.
Silver
Fxstreet
Mon, Oct 27
Japanese Yen remains depressed as fiscal worries overshadow BoJ rate hike bets
The Japanese Yen (JPY) recovers slightly from an over two-week low touched against its American counterpart during the Asian session on Monday following the release of stronger domestic data.
USD/JPY
Fxstreet
Mon, Oct 27
WTI edges higher to near $61.50 as US, China reach preliminary trade deal
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $61.45 during the Asian trading hours on Monday. The WTI edges higher as progress between the US and China on trade talks boosts the outlook for oil demand.
Brent
WTI
Fxstreet
Mon, Oct 27
Workers are using AI tools to create fake expense receipts, companies warn
Companies across the globe are facing a growing problem as workers use artificial intelligence software to create fake expense receipts, marking a high-tech twist on workplace fraud.
Cryptopolitan
Mon, Oct 27
ECB's Escriva: Current level of rates is appropriate
European Central Bank (ECB) Governing Council member José Luis Escrivá said that he is satisfied with current settings for borrowing costs, Bloomberg reported on Sunday.
Fxstreet
Mon, Oct 27
US and China tee up sweeping trade deal ahead of Trump–Xi meeting
Top Chinese and US economic officials on Sunday have agreed on the framework of a potential trade deal that will be discussed when US President Donald Trump and Chinese President Xi Jinping meet later this week, CNBC reported on Sunday.
Fxstreet
Mon, Oct 27
Gold Price Forecast: XAU/USD tumbles to near $4,050 on renewed optimism around US-China trade talks
Gold price (XAU/USD) falls to around $4,065 during the early Asian session on Monday. The precious metal extends the decline as traders book profits following a prolonged record-setting rally.
Gold
Fxstreet
Mon, Oct 27
USD/JPY gathers strength above 153.00 on potential US-China trade deal
The USD/JPY pair extends the rally to around 153.15 during the early Asian session on Monday. The Japanese Yen (JPY) softens against the US Dollar (USD) amid improved risk sentiment as the US and China have agreed on the framework of a potential trade deal.
USD/JPY
Fxstreet
Mon, Oct 27
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