April 25, 2025
Dollar rally unravels as investors shrug off Trump U-turns
The dollar staged a broad retreat, as investor gloom over the lack of progress toward defusing the U.S.-China trade war reasserted itself following an interlude of optimism the previous day.
Read More
April 25, 2025
Wall Street extends rally on tech boost, easing tariff tensions
Wall Street extended its rally with a solid boost from technology shares as investors parsed a mixed bag of corporate earnings and watched for signs of progress in the U.S.-China tariff stand-off. All three major U.S. stock indexes were higher.
Read More
April 25, 2025
New tool streamlines crypto asset management for fund managers
Binance has introduced ‘Fund Accounts,’ a feature enabling portfolio managers to consolidate client assets into omnibus accounts. This move aims to simplify operations and enhance trading efficiency, marking a significant step in bridging traditional finance with crypto
Read More
April 24, 2025
Wall St rallies on tariff optimism, Trump eases Powell threats
Wall Street stocks surged on revived hopes for progress in the U.S.-China trade dispute and President Donald Trump’s assurances that he has “no intention of firing” Federal Reserve Chair Jerome Powell, soothing fears that the central bank could lose its autonomy.
Read More
April 24, 2025
Gold falls after Trump’s comments on Fed and China
Gold extended its retreat from an all-time high, as appetite for riskier assets improved after President Donald Trump said he has no plans to fire the U.S. Fed’s chief and also signalled progress with China on the tariff front. The Gold-Dollar pair plummeted 1.3% in the last session. The RSI is giving a positive signal.Support: […]
Read More
April 24, 2025
Adidas posts forecast-beating quarterly profit on strong sneaker demand
German sportswear and apparel maker Adidas reported first-quarter sales and profit above expectations, citing growth across all its markets and channels. First-quarter operating profit jumped 82% to 610 million euros, the group said, resulting in a margin of 9.9%.
Read More