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Forex
Australia, NZ dollars underpinned as trade deals buff sentiment
By Wayne Cole SYDNEY, July 23 (Reuters) - The Australian and New Zealand dollars held firm on Wednesday as news of a potential U.S. trade deal with Japan salved risk sentiment, but also lessened some of the uncertainty that has been plaguing the greenback.President Donald Trump said on Tuesday th...Reuters
Wed, Jul 23
Other
15% US Tariffs on Japanese Imports Finalized; Trump Claims "Major Trade Victory"
TradingKey - On July 22 (local time), U.S. President Donald Trump announced via social media that the U.S. and Japan had reached an "unprecedented large-scale trade agreement" on tariffs. Under the deal, the U.S. will impose 15% reciprocal tariffs on Japanese goods, effective August 1. In return...TradingKey
Wed, Jul 23
Other
Mexico asks US to repatriate 14 nationals held in 'Alligator Alcatraz'
MEXICO CITY/WASHINGTON, July 22 (Reuters) - Mexico is seeking the repatriation of 14 nationals being held at the United States' detention center known as "Alligator Alcatraz", President Claudia Sheinbaum said on Tuesday. "All arrangements are being made to ensure they are repatriated...Reuters
Wed, Jul 23
Economic Indicator
Detroit Three automakers raise concerns about Japan trade deal
By David Shepardson WASHINGTON, July 22 (Reuters) - A group representing General Motors GM.N Ford F.N and Chrysler-parent Stellantis STLAM.MI on Tuesday raised concerns about a trade deal that could cut tariffs on auto imports from Japan to 15% while leaving tariffs on imports from Canada and Mex...Reuters
Wed, Jul 23
Cryptocurrencies
Analyst Warns XRP Investors About Banks, Here’s Why
A crypto analyst has raised alarm bells for XRP investors, claiming that traditional banks may be strategically working to drive down the altcoin’s price under the guise of regulatory caution. According to the report, this strategy is designed to allow institutions to quietly accumulate XRP at disco...Bitcoinist
Wed, Jul 23
Other
China, EU discussed trade cooperation, issues ahead of summit
BEIJING, July 23 (Reuters) - China's commerce minister and the European Union's trade chief had a "candid and in-depth" discussion on economic and trade cooperation as well as other issues that both sides face, the Chinese ministry said on Wednesday. The call comes days before the...Reuters
Wed, Jul 23
Forex
FOREX-Dollar holds losses after Trump announces Japan trade deal
Japan to invest $550 billion in U.S., tariffs reduced to 15%Uncertainty over tariffs keeping forex market on edgeJapan's auto industry and rice imports were key negotiation pointsBy Rocky Swift TOKYO, July 23 (Reuters) - The dollar stayed weak on Wednesday, having lost ground overnight, after...Reuters
Wed, Jul 23
Commodities
PRESS DIGEST-British Business - July 23
July 23 (Reuters) - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Times- Bank of England Governor Andrew Bailey has warned finance minister Rachel Reeves that cutting red tape o...Reuters
Wed, Jul 23
Stocks
Japan's Nikkei surges to one-year peak, bonds slide on US trade deal
Auto stocks lead rally on reduced U.S. import levyBank shares gain as BOJ rate hike bets increaseMarkets shake off report Japan PM Ishiba to resignBy Kevin Buckland TOKYO, July 23 (Reuters) - Japanese automakers led a surge in the Nikkei share average to a one-year peak on Wednesday, while bonds ...Reuters
Wed, Jul 23
Forex
INDIA RUPEE-Muted open for rupee despite Asia cheer on US-Japan trade pact
By Nimesh Vora MUMBAI, July 23 (Reuters) - The Indian rupee is expected to open largely unchanged on Wednesday, shrugging off the modest boost to its Asian peers after a U.S.-Japan trade deal fuelled hopes that Washington may strike similar agreements with other countries.The 1-month non-deliver...Reuters
Wed, Jul 23
Cryptocurrencies
Ethereum Price Stays Elevated—Bulls Eye Further Upside
Ethereum price started a fresh increase above the $3,720 zone. ETH is now showing bullish signs and might continue to rise toward the $3,850 zone. Ethereum started a fresh increase above the $3,720 level. The price is trading above $3,670 and the 100-hourly Simple Moving Average. There is a key bull...NewsBTC
Wed, Jul 23
Cryptocurrencies
Solana Becomes The Talk Of Social Media As Price Hits $200
Solana (SOL) has crossed the $200 mark for the first time in months, sparking a frenzy of discussion across major social media platforms. Solana Social Dominance Has Spiked To Highest Since Early June In a new post on X, analytics firm Santiment has talked about how the crowd has reacted to the late...NewsBTC
Wed, Jul 23
Stocks
RPT-COLUMN-Is today's AI boom bigger than the dotcom bubble?: McGeever
By Jamie McGeeverORLANDO, Florida, July 22 (Reuters) - Wall Street's concentration in the red-hot tech sector is, by some measures, greater than it has ever been, eclipsing levels hit during the 1990s dotcom bubble. But does this mean history is bound to repeat itself?The growing concentration i...Reuters
Wed, Jul 23
Economic Indicator
US Dollar Index rebounds to near 97.50 after breaking three-day losing streak
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, halts its three-day losing streak and is trading around 97.50 during the Asian hours on Wednesday.Fxstreet
Wed, Jul 23
