Litecoin doesn’t get the same room noise as Bitcoin. It doesn’t have Ethereum’s developer drama, Solana’s speed narrative, or the meme-cycle energy that keeps newer tokens popping up on trading desks for a week and disappearing the next. And yet, LTC keeps showing up. It’s still listed almost everywhere. It still trades with real liquidity.
US equities rise on Iran deal optimism United States (US) equity markets closed higher on Friday, bolstered by fresh signs of diplomatic progress towards a US–Iran deal. For the week, the Dow Jones surged 1054 points (+2.13%), notching a new intraday record high along the way. The Nasdaq 100 added 1.22% for its seventh advance in eight
US Secretary of State Marco Rubio says Washington will give diplomacy every chance on Iran but will pursue other means if a good deal cannot be reached, while describing the current framework as solid. Marco Rubio, Secretary of State Summary: Rubio said the US would give diplomacy every opportunity to succeed before considering alternative approaches,
Outside developments surrounding the US-Iran negotiations, this week’s largest FX event risks may come from Oceania, where traders face a potentially divergence between the policy outlooks of the Reserve Bank of New Zealand and Reserve Bank of Australia. While the RBNZ is widely expected to leave the Official Cash Rate unchanged at 2.25% on Tuesday,
Kelvin Wong Senior Market Analyst Based in Singapore, Kelvin Wong is a well-established senior global macro strategist with over 15 years of experience trading and providing market research on foreign exchange, stock markets, and commodities. Passionate about connecting the dots in the financial markets and sharing perspectives around trading and investment, Kelvin Wong is an
Monetary Authority of Singapore (MAS) officials say Singapore’s monetary policy stance remains appropriate and domestic interest rates should hold broadly stable, even as global rate uncertainty persists following a strong Q1 GDP print. investingLive Exclusive 1h ago Source link
The People’s Bank of China is due to set the daily USD/CNY reference rate at around 0115 GMT (2115 US Eastern time), a fixing that remains one of the most closely watched signals in Asian foreign exchange markets. China operates a managed floating exchange rate system, under which the renminbi (yuan) is allowed to trade
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The very large crude carrier cleared the Gulf of Oman into the Arabian Sea with around 2 million barrels of Iraqi crude bound for China. Most tankers remain stranded in the Persian Gulf following Iran’s effective closure of the Strait of Hormuz in late February. Earlier: The outline of a deal exists signing still days
A senior US official says an Iran deal is around 95% complete but will not be signed for several days, with Iran receiving no sanctions relief until its nuclear stockpile is handed over. Summary: Source: senior US administration official via Sky (?) The deal is roughly 95% complete but remains unsigned, with final language still
Global markets are entering the new week facing an important question: did US President Donald Trump just announce the beginning of real peace in the Middle East, or merely a ceasefire extension in a still-dangerous conflict? Trump said on Saturday that a major agreement with Iran had been “largely negotiated” and that a formal Memorandum
The week is ended with markets focused squarely on the growing tension surrounding Iran, as negotiations entered what officials described as a critical stage. Mediators including Pakistan, Qatar, and Saudi Arabia worked urgently to secure at least a temporary framework agreement aimed at preventing renewed U.S. and Israeli military action. The diplomatic effort is centered
Market participants endured an absolute rollercoaster of emotions over the past five sessions, navigating a landscape that violently whipsawed between extreme fear and sudden euphoria. The week kicked off with intense anxiety as the United States firmly rejected an initial Iranian diplomatic offer, a move that immediately spiked crude oil prices and threatened to reignite
Inflation in France, Italy, Germany and Spain is expected to remain above the ECB’s 2% target. Persistent price pressure, driven partly by energy risks and supply concerns, may strengthen the case for a June rate hike. The ECB faces a difficult choice between fighting inflation and avoiding further weakness in eurozone growth. Inflation in the
Sky News Arabia is reporting: Negotiations in Tehran have reached an understanding on broad outlines regarding the nuclear issue. Delivery of Uranium would be linked to lifting the sanctions and would be gradual. Focused on an understanding regarding the Strait of Hormuz which is still in negotiations. Iran still wants American guarantees for any agreement
A reading on leading U.S. economic indicators unexpectedly edged slightly higher in the month of April, according to a report released by the Conference Board on Friday.The Conference Board said its leading economic index crept up by 0.1 percent in April after falling by 0.6 percent. Economists had expected the index to dip by 0.3
Elior Manier Market Analyst Elior brings over seven years of experience in financial markets to our analyst team. Since 2018, he has actively engaged in observing, charting, and trading, driven by his passion for mastering market dynamics. With a profound understanding of the geopolitical and macroeconomic forces that shape market movements, Elior focuses on analysing
