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Cryptocurrencies
Bitcoin Price In Limbo—Consolidating Below $92K Ahead of Next Move
Bitcoin price started a recovery wave from the $85,000 zone. BTC is back above $87,500 and might struggle to clear the $92,000 resistance zone. Bitcoin started a fresh upward move from the $85,000 zone. The price is trading below $90,000 and the 100 hourly Simple moving average. There is a short-ter...
NewsBTC
Fri, Mar 7
Forex
India Morning Newsletter, March 7
To access a PDF version of this newsletter, please click hereIf you would like to receive this newsletter via email, please register at: https://solutions.lseg.com/MNCIndia-SubscriptionpageFor an index of our newsletters click on NEWSL
Reuters
Fri, Mar 7
Other
China will 'resolutely counter' US pressure on fentanyl, foreign minister says
BEIJING, March 7 (Reuters) - China warned on Friday it will "resolutely counter" pressure from the United States on the fentanyl issue, after Washington levied an additional 10% tariffs on Chinese imports this week."The abuse of fentanyl is an issue that the U.S. has to solve," Forei...
Reuters
Fri, Mar 7
Cryptocurrencies
Trump signs executive order to create US Strategic Bitcoin Reserve as crypto summit attracts top industry leaders
AI and Crypto Czar David Sacks confirmed on Thursday President Trump's executive order to create a Strategic Bitcoin Reserve, and a list of key crypto industry figures attending the White House Crypto Summit.
Bitcoin
Fxstreet
Fri, Mar 7
Forex
NZD/USD remains below 0.5750 ahead of China’s trade balance
NZD/USD halts its four-day losing streak, trading around 0.5730 during the Asian hours on Friday.
NZD/USD
Fxstreet
Fri, Mar 7
Other
China hopes for 'fair, lasting, binding' Ukraine peace agreement, foreign minister says
BEIJING, March 7 (Reuters) - China wants to achieve a "fair, lasting and binding peace agreement" acceptable to all parties on the Ukraine war, Foreign Minister Wang Yi said on Friday."Everyone hopes to achieve a fair, lasting, binding peace agreement that every side can accept," Wan...
Reuters
Fri, Mar 7
Commodities
METALS-Shanghai copper hits near five-month peak on China stimulus hopes
March 7 (Reuters) - Shanghai copper rose on Friday to its highest in nearly five months, buoyed by expectations of further stimulus from top consumer China to spur economic growth.The most-active copper contract on the Shanghai Futures Exchange SCFcv1 jumped 1% to 78,850 yuan ($10,875.71) a ton by 0...
Reuters
Fri, Mar 7
Forex
Japanese Yen stands firm near a multi-month high against a broadly weaker USD
The Japanese Yen (JPY) remains on the front foot against a broadly weaker US Dollar (USD) and keeps the USD/JPY pair close to its lowest level since early October touched on Thursday.
USD/JPY
Fxstreet
Fri, Mar 7
Other
Couche-Tard explores sale of US stores in case of deal with Seven & i
March 7 (Reuters) - Canada's Alimentation Couche-Tard (ACT) said it is having exploratory talks with third parties about a potential sale of U.S. stores, which would help it gain regulatory approval should it reach a deal to take over Japan's Seven & i Holdings 3382.T."We believe the...
Reuters
Fri, Mar 7
Forex
USD/INR holds steady ahead of US NFP release
The Indian Rupee (INR) trades on a flat note on Friday. Persistent outflows by Foreign Institutional Investors (FII) could exert some selling pressure on the local currency.
Fxstreet
Fri, Mar 7
Commodities
PRESS DIGEST- Financial Times - March 7
March 7 (Reuters) - The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy.Headlines- SpaceX Starship rocket explodes minutes after launch- Private equity group Sycamore to take Walgreens private in up to $24bn deal- SEC...
Reuters
Fri, Mar 7
Stocks
Broadcom (AVGO) Q1 2025 Earnings Call Transcript
Image source: The Motley Fool.Broadcom (NASDAQ: AVGO)Q1 2025 Earnings CallMar 06, 2025, 5:00 p.m. ETContents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: OperatorWelcome to the Broadcom, Inc.'s first quarter fiscal year 2025 financial results conference call. At thi...
The Motley Fool
Fri, Mar 7
Other
PRESS DIGEST-British Business - March 7
March 7 (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- Barclays BARC.L is set to pay 7.5 million pounds ($9.66 million) in compensation to customers who were hit by a t...
Reuters
Fri, Mar 7
Cryptocurrencies
Bitcoin Reclaims $90K But This Indicator Signals Possible Consolidation Phase
Bitcoin has started to recover gradually after experiencing a notable drop in recent weeks. So far, BTC has reclaimed the $90,000 level amid renewed market activity. The cryptocurrency surged nearly 10% yesterday, briefly reaching a high of $92,756 in the early hours of today before experiencing a m
Bitcoin
NewsBTC
Fri, Mar 7
Other
US FTC sues to block private equity purchase of medical company
By Jody GodoyMarch 6 (Reuters) - The U.S. Federal Trade Commission sued on Thursday to block medical device coatings maker Surmodics' SRDX.O acquisition by private equity firm GTCR, saying the deal would contribute to high healthcare costs.The FTC said the deal would give the combined company mo...
Reuters
Fri, Mar 7
Stocks
Australia-listed shares of Block tumble as bitcoin weakens
** ASX-listed shares of fintech firm Block XYZ.AX slump 1.6% to A$94.465, their lowest levels since October 2024 ** U.S. President Donald Trump signs executive order to establish a strategic bitcoin reserve** However, U.S. crypto czar David Sacks says the U.S. will not acquire additional crypto ...
Reuters
Fri, Mar 7
Stocks
Japan's Nikkei falls on Wall Street declines, stronger yen
TOKYO, March 7 (Reuters) - Japan's Nikkei share average fell on Friday, tracking Wall Street's declines overnight and as a stronger yen weighed on exporters.The Nikkei .N225 was down 1.7% at 37,076.86, as of 0144 GMT, while the broader Topix .TOPX slipped 1% to 2,723.55.Wall Street stocks fi...
Reuters
Fri, Mar 7
Cryptocurrencies
Crypto AI Tokens: Why FET, NEAR and RNDR could outperform BTC after White House Summit
The White House Crypto Summit is scheduled to hold on Friday.
Bitcoin
Fxstreet
Fri, Mar 7
Other
Trump Makes Rare Concession! Temporarily Halts Tariffs on Canada and Mexico!
Facing Canada's firm retaliatory stance, Trump did not impose reciprocal tariffs but instead made a rare concession by temporarily suspending the tariffs.
TradingKey
Fri, Mar 7
Other
Surmodics Says Disagrees With FTC's Decision And Remains Committed To Completing Merger with GTCR
March 6 (Reuters) - Surmodics Inc SRDX.O:SURMODICS ISSUES STATEMENT ON U.S. FEDERAL TRADE COMMISSION CHALLENGE TO PROPOSED ACQUISITION OF SURMODICS BY FUNDS AFFILIATED WITH GTCRSURMODICS INC - DEFEND THIS CASE IN COURT IN ORDER TO COMPLETE MERGER.SURMODICS INC - RESPECTFULLY DISAGREES WITH FTC'...
Reuters
Fri, Mar 7
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