How sidestepping Big Tech has paid off lately in these stock ETFs
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By Hannah Lang and Trevor Hunnicutt (Reuters) -U.S. President Donald Trump on Thursday ordered the creation of a cryptocurrency working group tasked with proposing new digital asset regulations and exploring the creation of a national cryptocurrency stockpile, making good on his promise to quickly overhaul U.S. crypto policy. The much-anticipated action also ordered that banking
S&P Global Australian Flash PMIs for January 2025:> Manufacturing PMI: 49.8 prior was 47.8 jumps to a 12- month high Services PMI 50.4 Composite 50.3 From the reports, comments from Jingyi Pan, Economics Associate Director at S&P Global Market Intelligence: “The first set of S&P Global Flash Australia PMI data for 2025 brought positive news
Bitcoin’s price has been range-bound since reaching a fresh all-time high on inauguration day. The upcoming FOMC meeting may serve as a catalyst for Bitcoin’s price. Volatility measures suggest that a major price move is incoming. Bitcoin’s technical analysis shows a messy daily timeframe and a breakout of a symmetrical triangle pattern on the H2
United States (US) President Donald Trump ran through a long list of grievances while delivering his remarks during the World Economic Forum hosted in Davos, Switzerland on Thursday. President Trump reiterated his concerns that the US’ trade deficit with Canada, which amounts to 4% of the US’ total trade imbalance, is unsustainable. President Trump also
While Yen remains the worst performer of the week so far, it has stabilized as the markets await the highly anticipated BoJ rate hike in the upcoming Asian session. Expectations for this rate move were well set by comments from BoJ Governor Kazuo Ueda last week. Risks from US political developments—specifically tariff policies under President
The dollar recovered on Wednesday after Trump’s tariff policy plans became clearer. Traders look forward to central bank meetings in the US and Japan. Traders are pricing a 96% chance of a BoJ rate hike on Friday. The USD/JPY forecast shows a pause in the dollar’s recent climb as market participants await key central bank
Fundamental Overview The S&P 500 has been keeping the bid since last week as the softer than expected US inflation data gave the market a boost. We haven’t got any key economic report since then and no comment from Fed speakers given that they are in the blackout period. The main driver of the price
Bank of America (BofA) released a report expressing concerns over the sustainability of the Korean Won’s recent performance, predicting that the currency is likely to face challenges in the coming months due to potential global trade tensions and Korea’s export outlook for 2025. The report comes on the heels of the inauguration of the second
The forex markets remain unusually quiet today, with Dollar staying soft despite multiple attempts to rebound. The greenback has only managed meaningful gains against the weaker Yen and the struggling Canadian Dollar, while failing to build momentum against other major currencies. With little in the way of significant economic data on the calendar today, trading
COLES GROUP LIMITED – COL Elliott Wave Technical Analysis TradingLounge. Greetings, our latest Elliott Wave analysis for the Australian Stock Exchange (ASX) highlights COLES GROUP LIMITED – COL. The current outlook suggests that ASX:COL may advance within the (5)-orange wave. There exists some ambiguity between the two primary perspectives. However, readers can rely on key indicators to determine whether a bullish trend
Investing.com – Most Asian currencies edged lower on Thursday, extending their subdued performance amid concerns over new U.S. tariffs under Donald Trump’s administration, while attention shifted to the Bank of Japan’s policy meeting set to begin later in the day. The BoJ is widely expected to raise at the end of its two-day meeting on
A new framework for handling disruption events is at the core of work being carried out by the International Swaps and Derivatives Association to update its foreign exchange and currency option definitions, which is expected to be finalised this year. Much of the focus on drafting the new definitions, which have not been updated since
Japan’s December exports rose 2.8% year-on-year, according to the Ministry of Finance (MOF), exceeding the poll forecast of +2.3%. Japan’s December imports increased 1.8% year-on-year, below the poll estimate of +2.6% Japan recorded a December trade surplus of 130.9 billion yen, significantly outperforming the expected 53.0 billion yen deficit Japan’s December exports to Asia grew