News
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Forex
EUR/USD regains lost ground with investors cautious following hot US inflation figures
The EUR/USD pair is posting minor gains on Wednesday, correcting higher after losing more than 0.5% on Tuesday. US Consumer Prices Index (CPI) figures confirmed the inflationary trend foreseen by the Federal Reserve (Fed), curbing hopes of rate cuts in the coming months.
Fxstreet
Wed, Jul 16
Stocks
Netflix Stock Is Soaring: Is It a Buy, Sell, or Hold?
Key PointsA handful of major catalysts are helping Netflix grow revenue by double-digit rates.The company's key growth drivers should remain meaningful tailwinds for the foreseeable future.The stock may not be as expensive as it initially appears.These 10 stocks could mint the next wave of millionai...The Motley Fool
Wed, Jul 16
Economic Indicator
Senegal raises $644 million in oversubscribed domestic bond offering
DAKAR, July 16 (Reuters) - Senegal has raised 364 billion CFA francs ($644 million) in its second public bond offering of 2025, exceeding its initial target of 300 billion CFA francs, the West African nation's finance ministry said in a statement on Tuesday.The issuance, which ran from June 19 t...Reuters
Wed, Jul 16
Other
Richemont reports 6% rise in sales as jewellery defies luxury slowdown
Jewellery sales up 11%, lifted by Cartier and Van Cleef brandsRichemont outpaces peers thanks to rich clientsLuxury sector seen declining this yearBy Marleen Kaesebier and Mimosa Spencer July 16 (Reuters) - Swiss luxury group Richemont CFR.S reported a 6% rise in quarterly sales on Wednesday, lif...Reuters
Wed, Jul 16
Other
'Japanese First' party shakes up election with alarm over foreigners
Japan holds upper house elections on Sunday Sanseito party, birthed on YouTube, set to make gainsRuling party pledges crackdown on foreigners as mood shiftsBy Tim Kelly and John Geddie TOKYO, July 16 (Reuters) - An upstart party is gaining support ahead of elections in Japan by railing against a ...Reuters
Wed, Jul 16
Stocks
Australian shares end lower as US CPI clouds Fed rate-cut hopes
Miners down 1%Banks hit lowest since June 23Rio Tinto gains 0.2%By Rajasik Mukherjee July 16 (Reuters) - Australian shares fell on Wednesday, led by banks and mining companies, after the latest U.S. inflation data indicated tariffs may be pushing prices higher, dampening hopes for near-term rate ...Reuters
Wed, Jul 16
Cryptocurrencies
Ethereum’s rally above $3,100 fuels double-digit gains in Ethereum Name Service, bulls target $30
Ethereum Name Service (ENS), a naming system based on Ethereum (ETH), edges higher by over 8% at press time on Wednesday, outpacing the broader crypto market with double-digit gains in the last 24 hours.Fxstreet
Wed, Jul 16
Other
Gallagher Re: $75 billion industry loss event needed to shift property reinsurance behaviour
Gallagher Re estimates $84 billion in H1 2025 insured losses, driven by U.S. eventsNine of the 10 costliest events occurred in the U.S., dominated by wildfires and severe convective stormsGallagher Re's H1 loss estimate lower than Aon's $100 billion tally, with differing SCS figuresBy Scott ...Reuters
Wed, Jul 16
Cryptocurrencies
Is This the Next Big Crypto? Mutuum Finance (MUTM) Will Outperform Solana (SOL) in 2025
With July heating up, crypto investors are racing to lock in top tokens before the summer rally takes off, and one name is igniting serious FOMO across the market, Mutuum Finance (MUTM). Mutuum Finance presale phase 5 is more than 70% sold out. The presale has been purchased by more than 13400 investors. It has […]Cryptopolitan
Wed, Jul 16
Commodities
TABLE-UAE's Fujairah oil inventory data for week ended July 14
July 16 (Reuters) - The Fujairah Oil Industry Zone published the following inventory data for oil products for the week ended July 14, according to industry information service S&P Global Commodity Insights.Volumes are in thousands of barrels. Figures in brackets represent the volume change from...Reuters
Wed, Jul 16
Other
China, EU lifting all restrictions on mutual exchange, says China's foreign ministry
BEIJING, July 16 (Reuters) - China's foreign ministry on Wednesday said China and the EU parliament were lifting all restrictions on mutual exchange, after the South China Morning Post reported that China had removed "restrictions" on former EU lawmaker Reinhard Buetikofer sanctioned in ...Reuters
Wed, Jul 16
Stocks
ASML drags European stocks lower amid tariff worries
July 16 (Reuters) - European shares slipped on Wednesday, with ASML leading losses after a weak business update, while broader investor sentiment remained cautious on concerns over tariff-driven inflation following stronger-than-expected U.S. inflation data. The pan-European STOXX 600 index .ST...Reuters
Wed, Jul 16
Stocks
Welcome to "Crypto Week." With Two Cryptocurrency-Focused Bills in the House This Week, Is The Industry Officially Mainstream?
Key PointsLawmakers are pushing through legislation that could give the crypto industry a solid leg up.Increased adoption is crucial for crypto to go mainstream.Pay attention to how people use digital assets and how they integrate with existing businesses.10 stocks we like better than Bitcoin › Bitc...The Motley Fool
Wed, Jul 16
Other
Ford recalls over 694,000 US vehicles over fire risk
July 16 (Reuters) - Ford F.N is recalling 694,271 vehicles in the United States due to a fuel leak issue that could increase the risk of a fire, the U.S. National Highway Traffic Safety Administration said on Wednesday.The recall affects certain 2021-2024 Bronco Sport and 2020-2022 Escape vehicles, ...Reuters
Wed, Jul 16
