News
Important Only
Forex
Kenya central bank sees minimal effect on shilling from Trump aid freeze
Adds details on reserves in paragraph 3 and more context throughoutBy George Obulutsa NAIROBI, Feb 6 (Reuters) - Kenya's central bank governor said on Thursday that bank officials did not see much effect on the exchange rate from U.S. President Donald Trump's foreign aid freeze.In late Ja...Reuters
Feb 6, 2025
Forex
BUZZ-COMMENT-Clearly prudent to hedge risk of bigger dollar rise
Feb 6 (Reuters) - The dollar has risen toward crucial levels versus major currencies and to record highs, or towards them, for many emerging currencies. It's clearly prudent to hedge the risk that the global reserve currency rises beyond highly influential levels during the period of uncertainty...Reuters
Feb 6, 2025
Commodities
Gold rally stalls as US Treasury Secretary Bessent says Trump’s focus is on lowering 10-year yields, not Fed
Gold’s price (XAU/USD) sees its rally stall this Thursday and trades around $2,857 at the time of writing. The slide is mainly triggered by comments from US Treasury Secretary Scott Bessent, who said that the Trump administration's focus is on bringing
Fxstreet
Feb 6, 2025
Cryptocurrencies
Bitcoin Settled $3.2 Trillion In Economic Volume Over 2024: Data
On-chain data shows user activity on Bitcoin went up during 2024, with the network processing an average of $8.7 billion in daily volume. Bitcoin Witnessed A Massive Amount Of Economic Volume During 2024 In a new post on X, the on-chain analytics firm Glassnode has discussed about the trend in the T...Bitcoinist
Feb 6, 2025
Stocks
Yum China Reports Fourth Quarter Results and Increases Dividend by 50%
Fourth Quarter Operating Profit Grew 36% and OP Margin1 Expanded 140 Basis PointsSequential Improvement in Same-Store Sales Index and Eighth Consecutive Quarter of Same-Store Transaction GrowthFull Year Operating Profit Rose 5% to $1.2 Billion, Core Operating Profit2 Up 12% and Diluted EPS Up 18%Rec...PR Newswire
Feb 6, 2025
Stocks
Don't Panic: Ethereum's Dip Could Be a Huge Opportunity
For the year, Ethereum (CRYPTO: ETH) is now down 17%. That includes a flash crash in early February when the world's second-largest cryptocurrency lost 20% of its value literally overnight. That rapid decline comes on top of mounting concerns that Ethereum has been underperforming the market for mon...The Motley Fool
Feb 6, 2025
Stocks
5 Stocks I Wouldn't Touch With a 10-Foot Pole
Even a great business selling at an expensive valuation can make a poor investment.*Stock prices used were the afternoon prices of Feb. 2, 2025. The video was published on Feb. 4, 2025.Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy ri...The Motley Fool
Feb 6, 2025
Stocks
SoFi Stock: Buy, Sell, or Hold?
SoFi (NASDAQ: SOFI) has been one of the hottest stocks in fintech, but investors are still worried about the company's valuation compared to most banks. In this video, Travis Hoium explains why this is more than a bank stock and still a great buy for investors.*Stock prices used were end-of-day pric...The Motley Fool
Feb 6, 2025
Economic Indicator
Trump USTR pick Jamieson Greer calls for pragmatic trade policy
By Andrea ShalalWASHINGTON, Feb 6 (Reuters) - Jamieson Greer, President Donald Trump's nominee for U.S. trade representative, will argue for a pragmatic U.S. trade policy focused on rebuilding U.S. manufacturing and shoring up supply chains in his Senate confirmation hearing on Thursday.Greer, a...Reuters
Feb 6, 2025
Stocks
RPT-BUZZ-PREVIEW: Honeywell seen posting 11% year-on-year EPS slide
Repeats Buzz published on Wednesday with no changes** Shares of Honeywell International HON.O down about 1% on Weds ahead of quarterly results due before the bell Thurs** Industrial conglomerate seen posting Q4 adj EPS of $2.32, a 10.7% y/y decrease, on rev of $9.83 bln vs. $9.44 bln in Q4 2023, acc...Reuters
Feb 6, 2025
Forex
BUZZ-COMMENT-If Trump gets heavy with Powell, dollar won't like it
Feb 6 (Reuters) - The dollar could be negatively impacted if U.S. President Donald Trump turns up the heat on Jerome Powell through the remainder of his tenure at the Federal Reserve. U.S. Treasury Secretary Scott Bessent told Fox Business Network on Wednesday that, while Trump wanted lower interest...Reuters
Feb 6, 2025
Cryptocurrencies
US to Turn Around Gensler’s Restrictive Crypto Regulations – Can Utility Presales like Solaxy Soar?
For a long time, the Securities and Exchange Commission (SEC) under Gary Gensler’s leadership was the crypto industry’s worst enemy. Now that pro-crypto Mark Uyeda has taken Gensler’s place, crypto regulations will undergo substantial changes. House Financial Services Committee chair French Hill out...Bitcoinist
Feb 6, 2025
Stocks
Is Palantir Technologies Wall Street's Biggest Bubble Stock of 2025? History Offers a Clear Answer.
For over two years, the bulls have been in complete control on Wall Street, with the ageless Dow Jones Industrial Average, widely followed S&P 500, and growth-dependent Nasdaq Composite all climbing to record-closing highs.While catalysts have been aplenty, nothing has provided more of a lift to the...The Motley Fool
Feb 6, 2025
Other
India says engaging with U.S. to ensure deportees are not mistreated
Media reports say immigrants, barring children, were handcuffed during flightOpposition Congress party demands discussion in parliamentForeign minister says focus should be on stopping illegal migrationRecasts with Indian foreign minister's statementBy Aftab Ahmed, YP Rajesh and Shivam Patel ...Reuters
Feb 6, 2025
Commodities
BRIEF-Japan's Kawasaki Heavy Industries Says Rail Unit Has Won $1.3 Billion Yen Order From MTA New York City Transit For 435 Subway Cars
Feb 6 (Reuters) - Kawasaki Heavy Industries Ltd 7012.T:KAWASAKI HEAVY INDUSTRIES: RAIL UNIT HAS WON $1.3 BILLION YEN ORDER FROM MTA NEW YORK CITY TRANSIT FOR 435 SUBWAY CARSSource text: https://global.kawasaki.com/en/corp/newsroom/news/detail/?f=20250206_6454Further company coverage: 7012.TReuters
Feb 6, 2025
Other
China says it opposes Trump's Gaza takeover proposal
Adds casualty figures in paragraphs 3-4 BEIJING, Feb 6 (Reuters) - Beijing opposes U.S. President Donald Trump's push to transfer Palestinians out of Gaza and have the U.S. take over the region, China's foreign ministry said on Thursday, underlining a long-held position against forced dis...Reuters
Feb 6, 2025
