News
Important Only
Reuters10 minutes ago
India Morning Newsletter, August 26
NewsBTC15 minutes ago
Ethereum’s All-Time High Sparks Short Squeeze Season—What Comes Next?
Bitcoinist15 minutes ago
Eric Trump Explains Family’s Pro-Crypto Shift, Cites ‘Fragile’ Financial System
Reuters24 minutes ago
South Korea bets big on reviving troubled US shipbuilding to woo Trump
Reuters31 minutes ago
GLOBAL MARKETS-Dollar, longer-dated Treasuries slide as Trump escalates attack on Fed; gold rises
Reuters32 minutes ago
Tennis-Becker says Medvedev needs professional help after US Open 'meltdown'
Forex
India Morning Newsletter, August 26
(India Morning Newsletter will not be published on Wednesday, August 27, on account of the Ganesh Chaturthi holiday)To access a PDF version of this newsletter, please click hereIf you would like to receive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-Subscription...Reuters
10 minutes ago
Cryptocurrencies
Ethereum’s All-Time High Sparks Short Squeeze Season—What Comes Next?
Ethereum has achieved a new milestone by surpassing its previous all-time high set in 2021, climbing above $4,900 before a slight correction. At the time of writing, ETH trades around $4,655, representing an 8.2% gain over the past week. This rally comes after three years of consolidation below its ...NewsBTC
15 minutes ago
Cryptocurrencies
Eric Trump Explains Family’s Pro-Crypto Shift, Cites ‘Fragile’ Financial System
US President Donald Trump’s son, Eric Trump, has shared some insight into his shift to the crypto industry, the problems with the traditional financial system, and how it was “weaponized” against the Trump family businesses. Related Reading: Solana’s Rally Gains Traction – Why Its Price Could Surge ...Bitcoinist
15 minutes ago
Other
South Korea bets big on reviving troubled US shipbuilding to woo Trump
South Korean President Lee promotes $150 billion US shipbuilding investment Hanwha plans up to $5 billion expansion at Philly ShipyardLegal hurdles to foreign involvement in US shipbuilding remainShipbuilding key to South Korean investment promises to limit US tariffsBy Joyce Lee SEOUL, Aug 26 (R...Reuters
24 minutes ago
Stocks
GLOBAL MARKETS-Dollar, longer-dated Treasuries slide as Trump escalates attack on Fed; gold rises
Trump fires Fed governor Lisa Cook, impacts dollar and TreasuriesTrump's actions raise concerns over Fed's independenceMarket uncertainty rises over Fed policy and potential rate cutMajor brokerages predict 25-basis-point Fed rate cut in SeptemberBy Rocky Swift and Kevin Buckland TOKYO, A...Reuters
31 minutes ago
Other
Tennis-Becker says Medvedev needs professional help after US Open 'meltdown'
By Shrivathsa Sridhar NEW YORK, Aug 25 (Reuters) - Six-times Grand Slam champion Boris Becker said Daniil Medvedev should seek professional help in the wake of his "public meltdown" during Sunday's U.S. Open first-round defeat by Benjamin Bonzi.Medvedev crashed out 6-3 7-5 6-7(5) 0-6 ...Reuters
32 minutes ago
Other
China's Xi meets Russian parliament speaker in Beijing - Xinhua
BEIJING, Aug 26 (Reuters) - Chinese President Xi Jinping met with Vyacheslav Volodin, the chairman of Russia's lower house of parliament the State Duma, in Beijing on Tuesday, the state-run Xinhua news agency reported. Volodin, who arrived in China on Monday, had said he would discuss countering...Reuters
33 minutes ago
Economic Indicator
Trump says he is firing Fed's Cook over mortgage loan allegations
Trump says he has "cause" to remove CookFirst-ever effort to remove a governor could face a court challengeAdditional board seat could add to Trump's influence at the FedBy Michael S. Derby and Howard Schneider NEW YORK/WASHINGTON, Aug 25 (Reuters) - U.S. President Donald Trump on Mon...Reuters
36 minutes ago
Stocks
HK Movers | Gold Stocks Jump With China Gold International Resources up 6%
Gold stocks jumped in Hong Kong. China Gold International Resources rose 6%; Lingbao Gold rose 4%; Zhaojin Mining Industry and Shandong Gold rose 3%; Tongguan Gold rose 2%; Zijin Mining and Chifeng Gold rose 1%.Tiger News
37 minutes ago
Other
PRESS DIGEST- Financial Times - August 26
Aug 26 (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- Norway's oil fund sells Caterpillar stake over Israeli allegations- Porsche shelves plans to produce own batteries as EV demand slu...Reuters
41 minutes ago
Commodities
METALS-Copper rises on critical mineral status prospects, Chile regulatory moves
By Lucas Liew Aug 26 (Reuters) - Copper prices rose across major exchanges on Tuesday on U.S. efforts to classify the metal as a critical mineral, while regulatory developments in Chile fueled supply concerns. Three-month copper on the London Metal Exchange CMCU3 rose 0.56% to $9,851.5 per metr...Reuters
43 minutes ago
Stocks
Japan's Nikkei falls to 2-week low as yen gains after Trump fires Fed's Cook
By Junko Fujita TOKYO, Aug 26 (Reuters) - Japan's Nikkei share average fell to a two-week low on Tuesday, as the yen strengthened after U.S. President Donald Trump fired Lisa Cook, the first African-American woman to serve as a Federal Reserve governor.As of 0201 GMT, the Nikkei .N225 dropped...Reuters
43 minutes ago
Commodities
Gold jumps as President Trump fires Fed Governor Lisa Cook
The Gold price (XAU/USD) attracts some buyers near $3,375 during the Asian trading hours on Tuesday. The precious metal edges higher amid concerns about the US Federal Reserve’s (Fed) independence after the report that US President Donald Trump says he is removing Fed Governor Lisa Cook.
Fxstreet
46 minutes ago
Forex
Iron ore subdued as Trump's tariff threats fuel demand concerns
BEIJING, Aug 26 (Reuters) - Iron ore futures prices were subdued on Tuesday, as fresh tariff threats from U.S. President Donald Trump fuelled concerns about demand prospects.The most-traded January iron ore contract on China's Dalian Commodity Exchange (DCE) DCIOcv1 was little changed at 782.5 ...Reuters
49 minutes ago
Forex
Japan remains alarmed over forex movement, finance minister says
TOKYO, Aug 26 (Reuters) - Japan remains alarmed over foreign exchange movement, Finance Minister Katsunobu Kato said on Tuesday, after the yen strengthened following U.S. President Donald Trump's announcement of the removal of a Federal Reserve governor.Asked about the removal of Lisa Cook from ...Reuters
an hour ago
Commodities
Elliott affiliate emerges as frontrunner in Citgo auction, filing says
Gold Reserve's Dalinar has 3 days to improve its bidAmber offers $5.86 billion to creditorsAmber also offers $2.86 billion to resolve claims against Citgo's parent By Marianna Parraga HOUSTON, Aug 25 (Reuters) - A U.S. court officer said on Monday an affiliate of hedge fund Elliott Invest...Reuters
an hour ago
