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Forex
EUR/GBP remains steady near 0.8750, eyes on German Consumer Confidence
EUR/GBP moves little as traders adopt caution ahead of the German GfK Consumer Confidence Survey, trading around 0.8730 during the Asian hours on Thursday. However, the currency cross faced challenges as the Euro (EUR) weakened following Wednesday’s weaker-than-expected German business sentiment.
Fxstreet
Thu, Sep 25
Other
Singapore gives Meta Sept 30 deadline to implement anti-scam measures, local media reports
SINGAPORE, Sept 25 (Reuters) - The Singapore government has imposed a September 30 deadline on Meta to introduce measures that will help curb impersonation scams on Facebook, including facial recognition, local media reported on Thursday.Meta faces a fine of up to S$1 million ($776,639) if it fails ...Reuters
Thu, Sep 25
Other
Lilly plans to launch its experimental weight-loss pill in India, exec says
MUMBAI, Sept 25 (Reuters) - Eli Lilly LLY.N plans to bring its experimental oral weight-loss drug orforpligron in India as it sees scope for such products in the world's most populous nation, a senior executive said on Thursday."I do think there is promise for products like that (orforpligro...Reuters
Thu, Sep 25
Stocks
China's BYD climbs on strong sales growth in Europe
** Hong Kong shares of EV maker BYD Co 1211.HK climb 2.4% to HK$108.2, set for biggest one-day pct gain since September 17** On course to snap three sessions of fall** Shenzhen-listed stock 002594.SZ gains 2% to 107.83 yuan, highest level since September 22 ** BYD sold 3x as many new cars in the EU...Reuters
Thu, Sep 25
Cryptocurrencies
Dogecoin ETF Scores DTCC Website Listing, Only More More Step Before It Starts Trading
A new Dogecoin ETF has reached a significant milestone on its path to launch. The fund, created by 21Shares, has appeared on a key U.S. financial platform that prepares for market trading. The Dogecoin ETF is still awaiting approval, and the final decision rests with U.S. regulators as they continue...Bitcoinist
Thu, Sep 25
Cryptocurrencies
Stellar (XLM) Shows Signs of Strength: Analysts See $0.5 Target in Play
Stellar (XLM) is showing signs of resilience after weeks of consolidation, with the cryptocurrency defending the crucial $0.37 horizontal support level. At the time of writing, XLM trades around $0.36, down 0.56% on the daily charts and 4.2% weekly. Related Reading: XRP Gets A Retirement Twist: Expe...NewsBTC
Thu, Sep 25
Forex
EBRD raises Turkey 2025 growth forecast, flags political, market risks
By Canan Sevgili and Libby George LONDON, Sept 25 (Reuters) - The European Bank for Reconstruction and Development has raised its 2025 growth forecast for Turkey but warned that political tensions, volatile investor sentiment and tighter global financing conditions continue to pose significant ri...Reuters
Thu, Sep 25
Stocks
BREAKINGVIEWS-Family office boom is a tale of elite inequality
By Sebastian Pellejero NEW YORK, Sept 25 (Reuters Breakingviews) - The world’s wealthiest families are playing offense with their fortunes. Their private investment hubs—known as single-family offices—are growing in both size and number, potentially reaching $5.4 trillion in assets under managem...Reuters
Thu, Sep 25
Other
US plans to extend Africa trade deal by a year, says Lesotho minister
Lesotho's economy heavily reliant on US textile exportsAGOA extension decision expected by year-end - Lesotho ministerSenate Finance Committee Democrats support AGOA renewalBy Marafaele Mohloboli MASERU, Sept 24 (Reuters) - Lesotho's trade minister said on Wednesday that the U.S. plans to...Reuters
Thu, Sep 25
Other
Nippon Steel President: Plan To Announce New Mid- And Long-Term Business Plans For U.S. Steel And For Nippon Steel By End Of This Year
Sept 25 (Reuters) - Nippon Steel Corp 5401.T:JAPAN STEEL INDUSTRY GROUP HEAD: DEEPLY CONCERNED THAT THE OUTCOME OF U.S.-CHINA TARIFF TALKS COULD AFFECT CHINA’S DOMESTIC STEEL DEMAND AND EXPORTSJAPAN STEEL INDUSTRY GROUP HEAD: WE CONTINUE TO MONITOR DUMPING SITUATION OF IMPORTED STEEL PRODUCTS AND WI...Reuters
Thu, Sep 25
Commodities
Hungary's Orban discusses energy security in phone call with Trump
BUDAPEST, Sept 25 (Reuters) - Hungarian Prime Minister Viktor Orban held a phone call with U.S. President Donald Trump, discussing several issues including energy security in Central Europe, Hungary's foreign minister said late on Wednesday in a video on Facebook.Foreign Minister Peter Szijjarto...Reuters
Thu, Sep 25
Stocks
Alibaba HK shares surges to 4-year peak on tie-up, AI pivot
** Alibaba's 9988.HK Hong Kong shares climb 2.2% to HK$177.8, their highest since Aug 2021, set for fifth straight session of gains** U.S.-listed shares BABA.N rose 8.2% on Wednesday after announcing Nvidia partnership, global data center expansion, new AI products** Citi reiterates "buy,...Reuters
Thu, Sep 25
Indices
US Dollar Index Price Forecast: DXY eases from two-week high, dips to 97.75/38.2% Fibo.
The US Dollar Index (DXY), which tracks the Greenback against a basket of currencies, edges lower during the Asian session on Thursday and erodes a part of the previous day's strong move up to the 98.00 neighborhood, or a two-week high.Fxstreet
Thu, Sep 25
Forex
EUR/JPY Price Forecast: Hovers near ascending channel’s upper boundary at 175.00
EUR/JPY halts its three-day winning streak, trading around 174.70 during the Asian hours on Thursday. The currency cross holds losses ahead of the German GfK Consumer Confidence Survey due later in the day.
Fxstreet
Thu, Sep 25
Forex
GBP/USD edges higher above 1.3450 as traders await Fedspeak, key US data
The GBP/USD pair recovers some lost ground to around 1.3460 during the Asian trading hours on Thursday. The US Dollar (USD) weakens against the Pound Sterling (GBP) as traders await more cues from the Fedspeak later on Tuesday.
Fxstreet
Thu, Sep 25
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