European stocks kick off September on gloomy note as bond yields rise
European stocks kick off September on gloomy note as bond yields rise
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United States Dollar Index hovers above 99.50 due to safe-haven support
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is steadying after registering minor gains in the previous day and trading around 99.60 during the Asian hours on Wednesday. Traders turn their attention to the Minutes from the Federal Reserve’s (Fed) July Meeting to gather fresh…
Gemini not at fault for collapse of Earn lending program, arbitrator says
A screen displays an image of Gemini co-founders Tyler Winklevoss and Cameron Winklevoss, and the Gemini logo, during the company’s IPO at the Nasdaq MarketSite, in New York City, U.S., Sept. 12, 2025. Jeenah Moon | Reuters Gemini Space Station scored a legal victory earlier in August after an arbitrator found the crypto exchange did…
Japanese Yen: Range-bound with mild upside against US Dollar – UOB
United Overseas Bank’s (UOB) Quek Ser Leang notes USD/JPY at 159.00 rebounded sharply from 158.00, but now looks set to trade between 158.50 and 159.35 intraday. For the next 1–3 weeks, he maintains a slightly negative view, expecting the pair to edge lower within a 156.60–159.60 range, while longer-term charts still allow for an extended…
SpaceX’s stock is down nearly 50% from its high. Why it’s still not a bargain.
Don’t chase a SpaceX stock rally even if earnings are excellent, as a wave of shares will become available for sale.
History Says Amazon Stock’s 2 Worst Years of the Past 15 Ended in Net Losses, and Both Rebounds Were Huge
Amazon (AMZN +3.97%) is running the largest capital-spending program in its history. The company expects about $220 billion in capital expenditures this year, an estimate CEO Andy Jassy raised from $200 billion in July. And the spending runs well past this year. On Aug. 26, Amazon Web Services (AWS) and Nvidia announced plans to put…
