Bitcoin Futures Show Recovery Signs, Key Resistance Ahead
Bitcoin futures have shown notable recovery from recent lows, but a full bullish trend reversal remains unconfirmed as key resistance levels loom.
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Bitcoin futures have shown notable recovery from recent lows, but a full bullish trend reversal remains unconfirmed as key resistance levels loom.
The Reserve Bank of India is believed to have intervened in the forex market, selling U.S. dollars to support the Indian Rupee.
Japanese authorities are reportedly moving towards unannounced currency interventions, aiming to surprise speculators betting against the yen.
Former President Trump reportedly earned $1.4 billion from crypto in 2026, contrasting with broader market losses and a tech sector downturn.
Former President Trump's substantial crypto earnings in 2026 are adding complexity to ongoing US legislative efforts for digital asset regulation.
The Australian Dollar maintained its value against the Japanese Yen, recovering earlier dips despite an unexpected Australian trade deficit in May.
Analyst forecasts indicate a notable deceleration in US job growth for June, with potential implications for the US Dollar.
The British Pound strengthened against the US Dollar, approaching 1.3300, following commitments to fiscal responsibility from a potential UK leader.
The New Zealand Dollar maintains its elevated position against the US Dollar as market participants await the crucial US Non-Farm Payrolls data.
A Bank of Korea official indicated the central bank possesses the tools to intervene should the won's depreciation accelerate.
Australia's trade balance unexpectedly shifted to a substantial deficit in May 2026, marking its largest in over ten years.
Australia recorded a trade deficit of A$3,018 million in May, following a revised surplus in the prior month, according to ABS data.
Foreign investors withdrew a record $137 billion from Asian stocks in H1 2026, driven by portfolio rebalancing in the AI sector.
China's central bank established the yuan's daily reference rate at 6.8088 against the USD, exceeding market expectations.
Foreign investment in Japanese stocks experienced a significant downturn, moving from a substantial inflow to a marginal outflow.
South Korea's inflation reached a 2.5-year peak in June, strengthening expectations for an interest rate hike by the Bank of Korea.
UBS projects substantial AI-related capital expenditure and a broadening stock market rally, despite geopolitical concerns and cautious central bank outlooks.
Gold advanced in early Asian trading, recovering from recent lows as market participants reacted to Federal Reserve commentary and anticipated key US jobs data.
South Korea's Consumer Price Index (CPI) for June rose by 0.1% month-over-month, aligning with economists' projections.
The British Pound has shown resilience this past week, recovering some ground against major currencies before encountering notable resistance levels.
Apple is reportedly in discussions with Chinese memory chip manufacturers CXMT and YMTC to secure supply through 2027 amid global shortages.
New Zealand saw a 4% monthly decrease in new dwelling consents in May, following a significant rise in the previous month.
Indirect discussions between the US and Iran in Doha concluded without agreement, maintaining uncertainty around the Strait of Hormuz.
Equity markets offer fewer bargains as AI-driven demand and robust US profits lift stocks, while bond yields climb on 'higher for longer' rate expectations.
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