Global Equities Rally Despite Weakening Job Market Indicators
Global stock markets experienced a robust week, extending gains despite emerging signs of a less buoyant employment landscape.
Breaking news from trusted financial sources. Central bank decisions, economic data releases, and expert analysis.
Global stock markets experienced a robust week, extending gains despite emerging signs of a less buoyant employment landscape.
Thursday saw a market correction where the technology sector demonstrated resilience, outperforming the S&P 500 by the close.
A recent unconfirmed report of a tanker strike near Oman could significantly impact global oil supply and market stability.
Iran's Revolutionary Guard maintains a firm stance on the Strait of Hormuz, while Houthi actions escalate Red Sea shipping risks.
Newmont's stock performance has attracted analyst attention, with recent price action suggesting potential for further upside if key resistance levels are surpassed.
Former President Trump commented on the Strait of Hormuz situation, highlighting economic pressure on Iran amid internal power struggles impacting oil prices.
Indicative prices from early Monday trading in Asia suggest a slightly stronger US Dollar against major currencies compared to late Friday levels.
The SEC has again delayed its decision on spot Ether ETFs, extending the review period for applications from major financial institutions.
Hyperliquid's growing real-world asset (RWA) perpetuals trading volume is influencing the revenue streams that support its HYPE token.
Bitcoin spot exchange-traded funds recorded substantial net inflows, with BlackRock's IBIT product attracting the largest share of new capital.
This week features significant central bank decisions from Australia and Norway, alongside crucial inflation and retail sales data from major economies.
Over 100 cryptocurrency projects have ceased operations in 2026, signaling a market shakeout reminiscent of the dot-com era.
Bitcoin's value experienced a decline, moving below the $65,000 threshold as market sentiment grappled with competing influences.
A new Bitcoin fork, BIP-110, recently mined two blocks before its operations ceased, marking a short-lived appearance in the crypto landscape.
China's Consumer Price Index (CPI) and Producer Price Index (PPI) both showed significant cooling in July, indicating subdued domestic demand.
China's Consumer Price Index (CPI) recorded a 0.1% month-over-month decrease in July, falling short of market expectations for a modest rise.
China's Producer Price Index (PPI) for July registered a year-over-year increase of 3.5%, falling short of market expectations.
China's Consumer Price Index rose less than anticipated in July, while producer prices extended their downward trend, signaling disinflationary pressures.
A new soft fork proposal, BIP-110, has commenced its activation phase on the Bitcoin network, aiming to introduce specific protocol changes.
Hardware wallet purchases in Russia have significantly increased, with sales more than doubling as new cryptocurrency regulations approach.
Brazil's central bank has directed cryptocurrency exchanges to implement delays for significant international crypto transactions.
Recent CFTC data indicates a significant unwinding of Yen short positions, influencing broader FX, while commodities presented a mixed performance.
A Bitwise executive anticipates substantial institutional investment entering the Bitcoin market, potentially reaching trillions of dollars.
Asset manager T. Rowe Price has included memecoins like Dogecoin and Shiba Inu in its new actively managed crypto ETF.
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