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Fxstreet13 minutes ago
DXY: Core PCE today – OCBC
Fxstreet15 minutes ago
USD: Dollar downside risks have increased – ING
Reuters17 minutes ago
Canadian boat maker BRP Q2 revenue beats estimates
USD/JPY: Mild downward bias – OCBC
CAD: Growth outlook keeps deteriorating – ING
Fxstreet23 minutes ago
USD/CNH: Heavy bias on the daily chart – OCBC
Other
Canadian boat maker BRP Q2 revenue beats estimates
OverviewBRP fiscal Q2 revenue grows 4.3%, beating analyst expectations, per LSEG dataAdjusted EPS for fiscal Q2 beats consensus, reaching CAD 0.92, per LSEG dataNormalized EBITDA declines 9.2% due to higher operating expensesOutlookBRP sees FY26 total company revenue between C$8.15 bln and C$8.3 bln...Reuters
17 minutes ago
Economic Indicator
CAD: Growth outlook keeps deteriorating – ING
With the exception of the New Zealand dollar (which was hit by a dovish cut from the Reserve Bank), the Canadian Dollar (CAD) has been the worst-performing G10 currency in August, ING's FX analyst Francesco Pesole notes.Fxstreet
20 minutes ago
Economic Indicator
Energy: Peace deal hopes fade further – ING
Oil prices rallied after the German Chancellor Merz said it’s unlikely that Presidents Zelensky and Putin will meet, providing a blow to hopes for a peace deal between Ukraine and Russia. Given the lack of progress since Putin’s summit with President Trump, this isn’t a big surprise.Fxstreet
26 minutes ago
Commodities
IATA: July Total Demand Up 5.5% YOY
Aug 29 (Reuters) - IATA:JULY TOTAL DEMAND, MEASURED IN CARGO TONNE-KILOMETERS (CTK), ROSE BY 5.5% COMPARED TO JULY 2024 LEVELS - IATAJULY CAPACITY, MEASURED IN AVAILABLE CARGO TONNE-KILOMETERS (ACTK), INCREASED BY 3.9% COMPARED TO JULY 2024 - IATAReuters
26 minutes ago
Stocks
Dell slides after weak margins eclipse upbeat full-year forecast
Aug 29 (Reuters) - Shares of Dell Technologies DELL.N dropped nearly 6% in premarket trading on Friday, as a dour quarterly profit forecast and weaker-than-expected second-quarter margin rate overshadowed upbeat full-year estimates. Rising demand for servers capable of handling computational needs o...Reuters
27 minutes ago
Commodities
Novatek partially resumed processing at Ust-Luga complex, sources say
MOSCOW, Aug 29 (Reuters) - Russian energy company Novatek NVTK.MM partially resumed gas condensate processing at its complex in the Baltic port of Ust-Luga, two market sources said on Friday, after suspending the operations last weekend due to a fire after a drone attack.One of the three units at th...Reuters
27 minutes ago
Other
China's Alibaba develops new AI chip to help fill Nvidia void, WSJ reports
Aug 29 (Reuters) - China's Alibaba 9988.HK, BABA.N has developed a new chip that is more versatile than its older chips and is meant to serve a broader range of AI inference tasks, the Wall Street Journal reported on Friday, citing people familiar with the matter.The chip, now in testing, is man...Reuters
28 minutes ago
Commodities
SPECIAL REPORT-Russia turns a Ukrainian nuclear city into a stronghold of fear
Russian occupation transforms Enerhodar into a ghost townRussian law enforcement and energy company Rosatom control civilian lifeUkrainian children face pressure to adopt Russian curriculum and valuesBy Mari Saito, Polina Nikolskaya, Anton Zverev and Marian Prysiazhniuk ZAPORIZHZHIA, Ukraine, Aug...Reuters
29 minutes ago
Cryptocurrencies
JPMorgan Says Bitcoin Is ‘Undervalued’—But By How Much?
JPMorgan has thrown fresh fuel on the most durable comparison in digital assets, arguing in a new research note that Bitcoin now screens “too cheap” versus gold as its volatility collapses to historic lows. How Undervalued Is Bitcoin? The bank’s cross-asset team says six-month BTC volatility has fal...NewsBTC
29 minutes ago
Cryptocurrencies
Bitcoin Infrastructure Gets $200-M Boost From Crypto Execs’ SPAC Push
A group of crypto executives has filed to raise $200 million through a blank-check company that plans to list on Nasdaq under the ticker BIXIU. According to a regulatory filing, Cayman Islands-based Bitcoin Infrastructure Acquisition Corp Ltd will offer 20 million shares at $10 each and then search ...Bitcoinist
29 minutes ago
