News
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LIVE MARKETS-BofA Institute data points to continued labor market slowing
U.S. main stock indexes turn red, Nasdaq weakestConsumer staples lead S&P sector gainers; Cons discretionary lags most Dollar, gold inch up; crude slips; bitcoin falls ~3% 10-yr U.S. Treasury yield slips to 4.11%Welcome to the home for real-time coverage of markets brought to you by Reuters repo...Reuters
Tue, Oct 7
LIVE MARKETS- Wall Street stock indexes turn red after NY Fed report; gold futures cross $4000/oz mark
U.S. main stock indexes turn red, Nasdaq weakestConsumer staples lead S&P sector gainers; Cons discretionary lags most Europe's STOXX 600 falls ~0.2%Dollar, gold inch up; crude slips; bitcoin falls ~3% 10-yr U.S. Treasury yield slips to 4.11%Welcome to the home for real-time coverage of mark...Reuters
Tue, Oct 7
LIVE MARKETS- Why the consumer needs a strong stock market
U.S. main stock indexes turn red, Nasdaq weakestConsumer staples lead S&P sector gainers; Cons discretionary lags most Europe's STOXX 600 falls ~0.2%Dollar, gold inch up; crude slips; bitcoin falls ~3% 10-yr U.S. Treasury yield slips to 4.12%Welcome to the home for real-time coverage of mark...Reuters
Tue, Oct 7
ECB's Lagarde renews calls for beefed up role for euro
Euro's global role limited by small investment marketCritics warn stronger euro could hurt exportersLagarde cites internal barriers as cause of economic issuesFRANKFURT, Oct 7 (Reuters) - European Central Bank President Christine Lagarde renewed her call on Tuesday for a beefed-up global role fo...Reuters
Tue, Oct 7
Stablecoins could suck $1 trillion from EM banks in next three years, Standard Chartered estimates
Stablecoins seen as safer option amid currency crisesEmerging markets face potential $1 trillion deposit flightStablecoins could reach $1.22 trillion in developing economies by 2028By Marc Jones LONDON, Oct 7 (Reuters) - The boom in U.S. dollar-backed stablecoins, helped by Donald Trump's cry...Reuters
Tue, Oct 7
NZD/USD pulls back toward 0.5800 ahead of RBNZ decision
NZD/USD retreats on Tuesday, extending consolidation below 0.5840 to trade near 0.5810 at the time of writing. Market participants turn their attention to the Reserve Bank of New Zealand’s (RBNZ) monetary policy decision due on Wednesday.
Fxstreet
Tue, Oct 7
Kraken Currently Investigating Issue Affecting Deposits & Withdrawals On BSC Network
Oct 7 (Reuters) - KRAKEN: CURRENTLY INVESTIGATING ISSUE AFFECTING DEPOSITS & WITHDRAWALS ON BINANCE SMART CHAIN (BSC) NETWORKKRAKEN: ALL BSC-BASED TOKENS MAY EXPERIENCE DELAYS IN PROCESSING - WEBSITEReuters
Tue, Oct 7
LIVE MARKETS-ETF share class to mutual funds: A point of discussion for Q3 earnings
U.S. main stock indexes turn red, Nasdaq weakestUtilities lead S&P sectoral gains; Cons discretionary lags Europe's STOXX 600 off 0.2%Dollar, gold inch up; crude slips; bitcoin falls ~2% 10-yr U.S. Treasury yield slips to 4.13%Welcome to the home for real-time coverage of markets brought to ...Reuters
Tue, Oct 7
Euro under pressure as French political turmoil drives safe-haven flows into US Dollar
The Euro (EUR) remains under pressure on Tuesday, slipping toward a one-month low against the US Dollar (USD) as deepening political turmoil in France fuels risk-off sentiment in European markets. At the time of writing, EUR/USD is trading around 1.1672, stabilizing somewhat after earlier losses.Fxstreet
Tue, Oct 7
EXCLUSIVE-Traders seek yuan payment from Indian state buyers of Russian oil, sources say
By Nidhi Verma and Florence Tan NEW DELHI/SINGAPORE, Oct 7 (Reuters) - Traders offering Russian oil have begun asking Indian state refiners to pay in Chinese yuan, taking recent signs of improving relations between New Delhi and Beijing as a chance to simplify deals with Indian buyers, trade sour...Reuters
Tue, Oct 7
USD/CAD ticks up near 1.3960 amid US-Canada trade talks
The USD/CAD pair edges higher to near 1.3960 during the European trading session on Tuesday. The Loonie pair ticks up as the US Dollar (USD) gains significantly amid increase in its safe-haven demand in times when the French economy is going through political crisis.Fxstreet
Tue, Oct 7
Brazil's Finance Minister sees Lula, Trump willing to 'turn the page'
SAO PAULO, Oct 7 (Reuters) - Brazilian Finance Minister Fernando Haddad said on Tuesday that Presidents Luiz Inacio Lula da Silva and Donald Trump are determined to "turn the page" on recent events, in a reference to the tariff dispute between Brazil and the United States.In an interview wit...Reuters
Tue, Oct 7
GBP/JPY is looking for direction near 202.50 after rejection at 203.00
The British Pound consolidates in the mid-range of the 202.00s on Tuesday, following a rejection from all-time highs at multi-year highs near 203.00, following comments from Japanese Finance Minister Katsunobu Kato, who affirmed that he will closely monitor foreign exchange markets.The Yen plummeted
Fxstreet
Tue, Oct 7
