More yen weakness likely – BOA Securities survey
More Japanese yen weakness looks likely, according to Bank of America Securities, citing its latest foreign exchange and rates sentiment survey.
2024
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Oil prices see-saw on conflicting demand signs from China, US
Oil prices wavered between positive and negative territory in a narrow trading range on Friday as investors grappled with conflicting demand signals out of top two crude oil consumers China and the U.S.
Experience the Future of Liquid Staking: Kintsu Testnet Launches Exclusively on May 13th
London, UK, May 10th, 2024, Chainwire Kintsu, a leading innovator in the DeFi space, is thrilled to announce the launch of its highly anticipated Testnet on May 13th. This exclusive event invites a select group, including the Kintsu OGs, to pioneer a new era in liquid staking on the cutting-edge Aleph Zero blockchain.
Quant investing pioneer Jim Simons dies at 86
im Simons, the math professor turned financier who helped popularize quantitative investing, has died aged 86, the Simons Foundation said on Friday.
China’s April new yuan loans seen falling, policy support in place- Reuters poll
China’s new yuan loans likely dropped sharply in April from March due mainly to seasonal factors, a Reuters poll showed, even as the central bank keeps policy support for the economy.
Dollar fades after claims data, pound recovers from BoE-led low
The dollar weakened against most currencies on Monday after economic data showed more signs of softening in the U.S. labor market, while the pound rebounded from earlier lows after the Bank of England opened the door for an interest rate cut.
Oil holds near one-week high on rising demand hopes after China, US data
Oil prices held near a one-week high on Thursday as data from China and the U.S. that signalled demand in the world’s two biggest crude-consuming nations could climb offset weak current U.S. distillates and gasoline demand.
Bitcoin (BTC) Price to Dip Below $55,000, Warns Top Analyst
Bitcoin (BTC), the pioneer digital asset, is once again at the center of attention as renowned analyst Michaël van de Poppe issues a cautionary note. Van de Poppe, a prominent voice in the crypto sphere, recently took to X to express concerns about the current BTC price position, suggesting the potential for a significant downturn.
Apple to power AI servers with its chips, Bloomberg News reports
Apple (NASDAQ:AAPL) will deliver some of its upcoming artificial intelligence features this year through data centers powered by its own in-house chips, Bloomberg News reported on Thursday, as the iPhone maker looks to integrate generative AI in its products.
Column-Japan’s helping hand with BoE June rate cut window: Mike Dolan
If worries about sterling were a factor preventing the Bank of England cutting interest rates too far ahead of the U.S. Federal Reserve, then Japan’s dollar-selling intervention may, weirdly, help keep its options open.