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Forex
FOREX-Yen struggles on trade woes, Aussie jumps after surprise RBA hold
Trump unveils 25% tariffs on Japan, South KoreaJapan's yen struggles to recover from lossesRBA leaves rates unchanged, sends Aussie surgingBy Rae Wee SINGAPORE, July 8 (Reuters) - The yen fell broadly on Tuesday after U.S. President Donald Trump reiterated that he plans to impose 25% tariffs ...Reuters
Tue, Jul 8
Stocks
Bell Potter expects Life360 to post upbeat quarterly result, hikes TP
** Australia's stockbroking firm Bell Potter is optimistic about San Francisco-based Life360's LIF.O, 360.AX second-quarter results** Bell Potter expects the technology platform provider to post a 29% y-o-y rise in revenue and reaffirm its 2025 revenue forecast** Financial advisory firm hike...Reuters
Tue, Jul 8
Forex
INDIA RUPEE-Rupee nudges higher but US tariff-driven swings keep traders cautious
By Jaspreet Kalra MUMBAI, July 8 (Reuters) - The Indian rupee gained slightly in early trading on Tuesday, in line with an uptick in most Asian peers while traders remained light-footed, awaiting clarity on the ongoing trade negotiations between India and the United States.The rupee INR=IN rose t...Reuters
Tue, Jul 8
Stocks
China’s Food Delivery & Instant Retail War: Who Will Emerge Victorious—Alibaba, JD, Meituan or PDD?
China’s leading digital platforms are entering a new era—one defined not by product category leadership but by user frequency and integration. In a landscape once dominated by transaction-based competition, players like Alibaba, JD.com, and Meituan are now locked in a broader race: to become the “ev...Tiger News
Tue, Jul 8
Forex
Australia dollar jumps as RBA shocks with steady rates
By Wayne Cole SYDNEY, July 8 (Reuters) - The Australian dollar bolted higher on Tuesday after the country's central bank shocked investors by not cutting interest rates as had been widely expected, slamming a dovish debt market and pushing yields higher.The Reserve Bank of Australia ended a t...Reuters
Tue, Jul 8
Stocks
Australia's Droneshield hits over 11-month high on defence contract award
** Shares of Droneshield Ltd DRO.AX rise as much as 8.1% to A$2.660, their highest level since mid-July 2024** Stock marks its biggest intraday pct gain since July 1** AI-based platform provider awarded an A$11.7 million ($7.65 million) research contract by existing customer ** Around 25.3 mln shar...Reuters
Tue, Jul 8
Other
South Africa says Trump's 30% tariffs not an accurate representation of data
July 8 (Reuters) - South Africa has noted the correspondence from U.S. President Donald Trump on the unilateral imposition of a 30% reciprocal tariff and maintains that "it is not an accurate representation of available trade data," the country's presidency said in a post on X on Tuesday...Reuters
Tue, Jul 8
Stocks
UK Stocks-Factors to watch on July 8
July 8 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening lower on Tuesday, with futuresFFIc1 down 0.36%. * BP: BP BP.L on Monday appointed Simon Henry, the former finance chief of Shell SHEL.L, to its board as a non-executive director effective September 1.* SHEIN IPO: China-founded fas...Reuters
Tue, Jul 8
Stocks
INDIA STOCKS-India's stock benchmarks muted on tariff jitters; Trump says India deal close
By Vivek Kumar M and Bharath Rajeswaran July 8 (Reuters) - India's benchmark shares were muted on Tuesday after U.S. President Donald Trump delayed implementation of tariffs to August 1 and announced steep import levies on several trading partners, while signalling an India deal was close.The...Reuters
Tue, Jul 8
Forex
FOREX-Yen struggles on trade woes, Aussie surges after surprise RBA hold
Trump unveils 25% tariffs on Japan, South KoreaJapan's yen struggles to recover from lossesRBA leaves rates unchanged, sends Aussie jumpingBy Rae Wee SINGAPORE, July 8 (Reuters) - The yen fell broadly on Tuesday after U.S. President Donald Trump reiterated that he plans to impose 25% tariffs ...Reuters
Tue, Jul 8
Other
Japan's super-long bonds slide ahead of crucial upper house election
By Junko Fujita TOKYO, July 8 (Reuters) - Japan's super-long-dated bonds continued to decline on Tuesday as investors evaluated the potential outcome of the upcoming upper house election.The 30-year JGB yield JP30YTN=JBTC jumped 12.5 basis points (bps) to 3.09%, its highest level since May 23...Reuters
Tue, Jul 8
Cryptocurrencies
Bitcoin Summer Lull Here? Trading Volume Plummets to Yearly Lows
On-chain data shows the Bitcoin Spot and Future Volumes have dropped to new lows, despite the price holding near $110,000. Bitcoin Trading Volumes Are Drying Up According to data from the on-chain analytics firm Glassnode, the Bitcoin Trading Volume related to both the spot and futures markets has r...Bitcoinist
Tue, Jul 8
Other
Wartime innovation boosts Israeli defence tech growth, drawing global interest
Reservists leverage tech skills for defence innovationStartups draw investors from Israel and abroadIsraeli defence exports to Europe rise despite boycott callsBy Emily Rose JERUSALEM, July 8 (Reuters) - Israeli army reservist Zach Bergerson felt he had to take action when he saw fellow soldiers ...Reuters
Tue, Jul 8
Other
Trump tariffs give watch sellers a hard time in Swiss hub
Tariff threat follows several lean years for watch industryExport volumes down nearly 5% in January-May periodTourists more cautious in Lucerne, sellers sayBy Marleen Kaesebier LUCERNE, Switzerland, July 8 (Reuters) - Swiss watch sellers in Lucerne have endured a tough three months since U.S. Pre...Reuters
Tue, Jul 8
Stocks
Turkey - Factors to watch on July 8
ISTANBUL, July 8 (Reuters) - Here are news, reports and events that may affect Turkish financial markets on Tuesday.The lira TRYTOM=D3 traded at 39.9925 against the U.S. dollar at 0423 GMT, flat compared to the close on Monday when it weakened to 40 against the greenback. The main BIST 100 share ind...Reuters
Tue, Jul 8
Cryptocurrencies
Tron Price Forecast: TRX handles over $21 billion in weekly USDT transfers, surpassing Ethereum
Tron (TRX) is hovering around $0.287 at the time of writing on Tuesday after rising nearly 4% the previous week. The TRX network has processed over 13 billion transactions and handles more than $21 billion in USDT transfers each week, surpassing Ethereum (ETH).
Stocks
Australia's Origin Energy eases after Monday rally
** Shares of Origin Energy ORG.AX fall as much as 1.8% to A$11.340, in tandem with a fall in the broader energy sub-index .AXEJ** Stock rose 6.7% on Monday on reports of Octopus Energy weighing 10-bln-pound ($13.64 bln) separation and stake sale of its technology arm Kraken Technologies** Origin hol...Reuters
Tue, Jul 8
