European stock markets exhibited a cautious and mixed start to Wednesday’s trading session, with the pan-European Stoxx 600 index hovering near flat territory as investors braced for a significant influx of economic data from across the continent. Currency markets saw both the British pound and the euro soften against the…
The national water regulator Ofwat has imposed a record £122.7 million penalty on Thames Water following two separate investigations into the company’s operations and dividend practices. The fine, which is the largest ever issued by the regulator, includes £104.5 million for serious failings in the company’s wastewater management and a…
Asia-Pacific stock markets concluded Wednesday’s trading session with a varied performance. Investors weighed the positive implications of US President Donald Trump’s decision to extend the deadline for imposing 50% tariffs on European Union imports against a backdrop of domestic economic data and corporate developments. While some regional bourses advanced, Indian…
Crypto prices were largely positive on Wednesday, reflecting the ongoing risk-on sentiment in the financial market. Bitcoin remained above $110,000, while most altcoins like Cardano and Solana were positive. This article provides a forecast on top crypto coins, like Tellor (TRB), Kaito (KAITO), and Hedera Hashgraph (HBAR).Tellor Trbutes (TRB) price…
Ethereum price may be on the cusp of a strong bullish breakout this week despite weak on-chain metrics. ETH token was trading at $2,645 on Wednesday, up by over 91% from the lowest point this year. This article provides an on-chain analysis and what to expect.Ethereum on-chain analysisThird-party data is…
Artificial intelligence stocks and cryptocurrencies will be in the spotlight today, May 28, as NVIDIA publishes its financial results. As the biggest player in the AI industry and the second-biggest firm in the sector, NVIDIA has a sizable impact on assets in the sector. This article looks at the top AI…
The USD/JPY exchange rate remained above 144 on Wednesday as investors watched the ongoing performance of the bond market. It was trading at 144.2, down from this month’s high of 148.67. This article explores the outlook of the Japanese yen as bond fears remain.Japanese yen rises as bond yields riseOne…
United States Steel Corp (NYSE: X) has rallied more than 20% in recent sessions on the back of Trump’s approval for its long overdue deal with the Tokyo based Nippon Steel (TYO: 5401).According to the US President, the said transaction, details of which have eluded the media so far, will…
Chasing a Bitcoin rally has historically been a risky move, but “the current environment appears fundamentally different,” says Chris Brendler, a Rosenblatt analyst.Bitcoin has rallied to record levels in recent sessions on the back of a 90-day trade truce between the US and China. Plus, Moody’s recent downgrade of the…
Salesforce stock price has sold off this year as investors watch its investments in artificial intelligence and its rumoured talks to acquire Informatica. CRM dropped to $273 last week, down by 25% from its highest point this year, meaning that it is in a deep bear market. Salesforce in talks to…