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China’s central bank says Solana’s Shanghai event was stopped over illegal crypto promotion
The People’s Bank of China (PBOC) has responded that it disrupted Solana’s mid-October event in Shanghai because of the illegal virtual currency marketing red flags raised by the event’s promoters. The PBOC official, quoted by Financial News (Jinrong Shibao), a news outlet run by the central bank, also noted that the firms and individuals behind...Cryptopolitan
Fri, Nov 6
Forex
Mexican Peso: Banxico cut leaves Peso vulnerable – ING
Chris Turner at ING highlights Banxico’s surprise 3-2 vote to cut its policy rate to 6.25%, narrowing the Banxico-Fed spread to 225bp, the lowest in decades. He notes Banxico’s focus on weak Mexican growth and a negative output gap, with limited concern about Peso-driven inflation. Turner argues this stance leaves the Peso exposed to external risk, making a move in USD/MXN above 19 more likely than not.
Fxstreet
Fri, Nov 6
Cryptocurrencies
Cryptopolitan Report: A Pill To Help Dogs Live Longer Is Near. Half Our Readers Are Ready To Sign Up
The first ever approved drug intended to extend lifespan is probably not going to be for people but rather for senior dogs. The reality of this becoming available is way closer than most people realise. We asked our newsletter readers in one of our longevity editions on whether they’d give it to their own dog...Cryptopolitan
Fri, Nov 6
Stocks
GS1 Hong Kong Summit 2026 Data, AI, Transparency and Assurance Driving Future Growth
HONG KONG, Nov. 6, 2026 /PRNewswire/ -- The GS1 Hong Kong Summit 2026, themed "Powering the Future with DATA", concluded successfully today at the Hong Kong Convention and Exhibition Centre. The event drew 600 corporate executives, decision-makers and industry experts to explore how the 4 es...PR Newswire
Fri, Nov 6
Earnings
Tredegar Q3 2026 Earnings: Cost Pass-Through Lags Drive a Loss
Tredegar’s Q3 2026 results showed approximately $201.0 million in combined segment net sales, up about 6.7% year over year, but the company posted a $2.8 million loss from continuing operations, or $0.08 per diluted share. Consolidated EBITDA from ongoing operations fell to $4.1 million from $18.1 million. Aluminum Extrusions revenue rose on metal-cost pass-throughs even as volume declined 11.6%, while profitability was hurt by lower shipments and a FIFO pricing lag. High Performance Films also faced weaker volume, unfavorable mix, and resin-cost pressure.
TradingKey
Fri, Nov 6
Economic Indicator
British Pound: Hawkish BoE but Pound upside capped – Commerzbank
Michael Pfister at Commerzbank highlights that the Bank of England (BoE) delivered a hawkish rate hike, with unanimous support for tightening and one member backing a larger move. Governor Andrew Bailey signalled more hikes are likely, but gave no timetable.
Fxstreet
Fri, Nov 6
Earnings
Global Partners Q3 2026 Earnings: Wholesale Margins Drive Profit Growth
Global Partners LP’s Q3 2026 sales rose about 42% year over year to $6.68 billion, while diluted EPS increased to $1.26 from $0.66. Adjusted EBITDA advanced about 24% to $122.9 million as wholesale product margins benefited from more favorable gasoline and distillate market conditions. That strength offset lower GDSO product margin, where weaker retail fuel volume pressured gasoline distribution. Total volume remained 1.9 billion gallons, showing that the large increase in reported sales did not come from higher overall throughput, while station operations were broadly steady.TradingKey
Fri, Nov 6
Earnings
Marcus & Millichap Q3 2026 Earnings: Larger Deals Drive 7.5% Revenue Growth
Marcus & Millichap’s Q3 2026 revenue rose 7.5% year over year to $208.4 million, while diluted EPS increased to $0.03 from $0.01 and adjusted EBITDA reached $8.2 million. Growth was led by an 18.1% increase in Middle Market and Larger Transaction Market brokerage revenue, partly offset by slower Private Client growth and a 160-basis-point rise in cost of services as a share of revenue. Brokerage sales volume climbed 12.6% even as transaction count was nearly flat, showing that larger deal sizes—not more transactions—were the quarter’s main revenue driver.
TradingKey
Fri, Nov 6
Earnings
Dauch Q3 2026 Earnings: Sales Nearly Double, but GAAP Results Swing to a Loss
Dauch’s Q3 2026 sales rose about 93% to $2.91 billion, primarily because of the Dowlais acquisition, while GAAP diluted EPS swung to a $0.19 loss from $0.07 of earnings. Adjusted EBITDA increased to $358.5 million, although its margin slipped to 12.3% from 13.0%, and adjusted EPS declined to $0.22. Operating cash flow reached $150.1 million and adjusted free cash flow was $126.7 million. Dauch raised its full-year sales range but reduced and narrowed its adjusted EBITDA outlook as integration and financing costs remained significant.TradingKey
Fri, Nov 6
Economic Indicator
Asia FX: Tech-driven risk-off weighs before NFP – MUFG
MUFG analysts Khang Sek Lee and Lin Li note that the recent tech-led equity selloff has undermined Asia FX, offsetting support from lower Oil prices and US yields. Safe-haven demand has lifted the Dollar and Japanese Yen, while upcoming US Nonfarm Payrolls data could reinforce expectations of further Fed tightening, adding pressure on Asia FX, particularly tech-sensitive currencies like TWD and KRW.Fxstreet
Fri, Nov 6
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Market Movers
Medline Ord Shs Class A Stock (MDLN) Closed Down by 5.17% on Nov 12: What Signal Does It Send?
17 hours ago
MDLN
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Delta Air Lines Inc Stock (DAL) Moved Down by 5.05% on Nov 12: What Investors Need To Know
18 hours ago
DAL
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