March 25, 2025
US stock futures jump on Trump’s softened tariff stance
Wall Street’s three main indexes touched two-week highs, boosted by technology stocks on signs that the Trump administration is taking a measured approach on tariffs against its trading partners. Investors scooped up battered technology shares, as Nvidia and AMD rose.
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March 24, 2025
Tether seeks Big Four firm for its first full financial audit
Stablecoin issuer Tether is reportedly engaging with a Big Four accounting firm to audit its assets reserve and verify that its USDT stablecoin is backed at a 1:1 ratio. It comes after rising industry concerns over a potential FTX-style liquidity crisis for Tether due to its lack of third-party audits.
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March 24, 2025
Gold dips on higher dollar, still notches third weekly gain
Gold fell 1% to end last week due to a stronger dollar and profit-taking, although lingering geopolitical and economic uncertainties, and U.S. Federal Reserve rate cut prospects kept bullion on track for a third consecutive weekly rise. The Gold dropped 0.6% against the Dollar in the last session. According to the Stochastic-RSI, we are in […]
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March 24, 2025
Wall St ends higher, dollar rises as Trump signals tariff respite
Wall Street edged higher and the dollar gained ground on Friday after U.S. President Donald Trump hinted he would be flexible regarding a new round of tariffs expected to be imposed early next month. Even so, lingering economic uncertainties and churning geopolitical tension kept investors cautious.
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March 20, 2025
Oil rises on US fuel demand, while Ukraine ceasefire talks loom
Oil prices edged up after U.S. government data showed a draw in fuel inventories, while investors kept an eye on a limited ceasefire in Ukraine. U.S. crude stocks rose by 1.7 million barrels to 437 million barrels last week, higher than expectations. The Oil-Dollar pair gained 0.4% in the last session after rising as much […]
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March 20, 2025
Wall Street higher after Fed keeps rates unchanged
U.S. stocks added to gains after the Fed kept rates unchanged, as the central bank and investors continue to assess how Trump’s tariff policies might affect economic growth. The central bank kept its benchmark overnight interest rate unchanged in the 4.25%-4.50% range.
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