February 17, 2025
SEC asks for 28 more days to respond to Coinbase’s appeal
The United States Securities and Exchange Commission has requested an additional 28 days to review crypto exchange Coinbase’s appeal in its ongoing lawsuit. However, the agency says its new crypto division could potentially end the 20-month legal battle.
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February 17, 2025
Dollar notches weekly loss against euro as tariffs delayed
The dollar notched a weekly loss against the euro as a delay in the introduction of trade tariffs planned by U.S. President Donald Trump raised hopes that they may not be as bad as feared, while optimism about a peace deal between Russia and Ukraine helped the single currency rally. The Euro-Dollar pair made a […]
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February 17, 2025
Walmart to shed light on consumer health as inflation bites, tariffs swirl
Walmart’s quarterly report in the coming week will give investors fresh insight into the health of U.S. consumers, who are facing stronger inflation and uncertainty over whether President Donald Trump’s tariffs will push up prices. The benchmark S&P 500 stock index was up about 1% last week, with stocks showing resilience.
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February 14, 2025
Gold rises as worries grow over Trump’s tariff plans
Gold prices climbed due to escalating concerns about U.S. President Donald Trump’s impending tariff plans, which could further strain global trade relations. Trump plans to impose reciprocal tariffs on countries that levy duties on U.S. imports. The last session saw the Gold rise 0.3% against the Dollar. The Stochastic indicator indicates an overbought market.Support: 2884.7 […]
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February 14, 2025
Canadian dollar rises as U.S. bond yields fall
The Canadian dollar strengthened to a two-month high against its U.S. counterpart as U.S. bond yields declined and a key level of support for the American currency gave way. The loonie touched its strongest intraday level since December 13.
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February 14, 2025
Wall Street advances after mixed data eases inflation spike fears
Wall Street’s main indexes advanced after the latest producer prices data led to a lowering in inflation forecasts, while the prospect of Russia-Ukraine peace talks prompted some risk-taking among investors. U.S. producer prices increased solidly in January, offering more evidence that inflation was picking up again
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