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Forex
FOREX-Dollar gains after strong US jobs data stretches market hopes of Fed cut
US economy adds 147,000 jobs in JuneDollar strengthens against yen and francEuro weakens against the dollarUS Treasury yields rise, Benchmark S&P 500 hits record highBritish sterling strengthensBy Chibuike Oguh NEW YORK, July 3 (Reuters) - The U.S. dollar rose against major currencies, inclu...Reuters
Thu, Jul 3
Cryptocurrencies
Ripple (XRP) Price Prediction: XRP’s Future Tied to Legal Outcome, While This Token Stays Unstoppable in 2025
In today’s crypto news, all eyes are once again on Ripple (XRP) as its ongoing legal battle with the SEC continues to cast uncertainty over its long-term price trajectory. While XRP holders wait for a verdict that could determine whether XRP remains among the top cryptocurrencies, another project is quietly gaining unstoppable momentum, Mutuum Finance […]Cryptopolitan
Thu, Jul 3
Indices
Dow Jones Industrial Average surges higher after NFP jobs beat forecasts
The Dow Jones Industrial Average (DJIA) punched in firm gains on Thursday, testing its highest bids in five months after US Nonfarm Payrolls (NFP) showed more jobs were added in June on a seasonally-adjusted basis than markets feared.Fxstreet
Thu, Jul 3
Forex
GBP/JPY snaps losing streak as Yen weakens across the board
The British Pound (GBP) gains ground against the Japanese Yen (JPY) on Thursday, supported by stronger-than-expected US Non-Farm Payrolls (NFP) data, which lifted global risk sentiment and weighed on traditional safe-haven currency.
Fxstreet
Thu, Jul 3
Stocks
PRECIOUS-Gold falls 1% as strong US payrolls data douses rate cut hopes
US job growth beats expectations in JuneDollar rose after non-farm payrolls dataUS House Republicans head toward final vote on Trump's sweeping tax-cut billBy Anushree Mukherjee July 3 (Reuters) - Gold fell 1% on Thursday as stronger-than-expected U.S. payroll data cemented expectations that ...Reuters
Thu, Jul 3
Cryptocurrencies
China’s monetary policy is entering the red zone
As China’s post-pandemic recovery falters and deflationary signals deepen, the People’s Bank of China (PBoC) has begun quietly seeking guidance from European financial institutions on how to navigate a prolonged period of low interest rates. According to reports, China’s central bank made “ad hoc” requests to at least two major European banks earlier this year, […]Cryptopolitan
Thu, Jul 3
Economic Indicator
IMF to combine reviews of Egypt's $8 billion loan program
By Andrea Shalal WASHINGTON, July 3 (Reuters) - The International Monetary Fund on Thursday said it would combine the fifth and sixth reviews of Egypt's $8 billion support program this fall to give authorities more time to meet critical objectives of its economic reform program.IMF spokeswoma...Reuters
Thu, Jul 3
Commodities
Gold Reserve's $7.38 billion bid recommended as winner of Citgo auction
Gold Reserve's bid covers 11 creditors, does not include a pact to pay bondholdersFive offers received in 'topping' period, some did not qualifyUS Treasury must approve auction winnerBy Shubham Kalia and Marianna Parraga July 3 (Reuters) - A $7.38 billion bid by a unit of Toronto-list...Reuters
Thu, Jul 3
Stocks
Why WK Kellogg Stock Soared Higher This Week
Key PointsWK Kellogg was added to multiple Russell Value indexes.This led to an increase in the company's share price as the indexes picked up shares.Kellogg may be an intriguing value stock, especially with its 3.7% dividend yield. Shares of leading cereal maker W.K. Kellogg (NYSE: KLG) were up 10%...The Motley Fool
Thu, Jul 3
Other
Jetblue Says From July 7 Travelers To Honduras From Measles Outbreak Areas Must Show Vaccination Proof
July 3 (Reuters) - JetBlue Airways Corp JBLU.O:JETBLUE: EFFECTIVE 7/7/25, ALL TRAVELERS ENTERING HONDURAS FROM COUNTRIES WITH ACTIVE MEASLES OUTBREAKS MUST PROVIDE DOCUMENTATION OF VACCINATIONReuters
Thu, Jul 3
Stocks
Why Plug Power Stock Skyrocketed 27.6% This Week
Key PointsThe "Big, Beautiful Bill" extends hydrogen industry tax credits through 2028, boosting Plug Power and other hydrogen stocks.Plug Power continues to struggle with stagnant sales and significant cash burn. Shares of Plug Power (NASDAQ: PLUG) soared this week, up 27.6% as of market close on T...The Motley Fool
Thu, Jul 3
Other
Mexican boxer Chavez Jr arrested by US immigration officers, DHS says
July 3 (Reuters) - Mexican boxer Julio Cesar Chavez Jr. has been arrested by u.s. immigration officers and is being processed for expedited removal from the country, the Department of Homeland Security said in a statement on Thursday.Reuters
Thu, Jul 3
Commodities
Gold drops on stellar US NFP report, dims July Fed rate cut hopes
Gold price fell 0.80% on Thursday as a strong US Nonfarm Payrolls report strengthened the US Dollar, leading market participants to believe it unlikely that the Fed could cut rates at the July meeting. At the time of writing, the XAU/USD trades at $3,332, having reached a daily high of $3,365.
Fxstreet
Thu, Jul 3
Forex
CANADA FX DEBT-Canadian dollar strengthens to two-week high against out of favor greenback
Canadian dollar gains 0.2% against the greenbackTouches its strongest since June 17 at 1.3557Canada's trade deficit narrows to C$5.9 billionBond yields rise across the curveBy Fergal Smith TORONTO, July 4 (Reuters) - The Canadian dollar strengthened to a two-week high against its U.S. counter...Reuters
Thu, Jul 3
Forex
Treasury's Bessent: May turn to short-term debt for US financing needs
WASHINGTON, July 3 (Reuters) - Treasury Secretary Scott Bessent said on Thursday that U.S. financing needs could increase after enactment of Republicans' sweeping tax cut and spending bill, with the Treasury likely to refill its coffers after debt ceiling constraints are lifted with increased in...Reuters
Thu, Jul 3
Cryptocurrencies
Is An XRP ETF Next After The Solana ETF Launch? Experts Answer
REX-Osprey’s Solana ETF launched on July 2, with SOL now the third crypto asset to have a spot ETF in the US after Bitcoin and Ethereum. Bloomberg analysts Eric Balchunas and James Seyffart have now suggested that an XRP ETF could be the next to launch. XRP ETF Next As Solana ETF Goes Live In [̷...Bitcoinist
Thu, Jul 3
Other
Hakeem Jeffries sets record with 8.5-hour speech before vote on Trump tax bill
Jeffries criticizes Trump's tax bill as benefiting the wealthySpeech delays vote on $3.4 trillion packageDemocrats aim for House control in 2026 electionsBy Richard CowanWASHINGTON, July 3 (Reuters) - Hakeem Jeffries talked. And talked. And talked, as the top Democrat in the House of Representat...Reuters
Thu, Jul 3
