German Government Begins Massive Bitcoin Sell-Off, Sparking Market Jitters The German government has commenced the sale of a significant Bitcoin stash seized from the operators of a movie piracy website. Over $195 million in Bitcoin was sold in the past 24 hours. In the latest transactions, $65 million worth of Bitcoin was likely deposited into […]
MEXICO CITY (Reuters) – Mexican President Andres Manuel Lopez Obrador on Wednesday said that people are “mistaken” if they think that an effort to reform the country’s judiciary will be reversed because of market nervousness. “They are wrong, respectfully, if they are thinking that we are going to go back on reforming the judiciary, which […]
(Reuters) – U.S. stock index futures inched lower on Monday as investors were cautious ahead of key inflation data and a central bank policy meeting scheduled for this week. Investors grappled with conflicting data last week, with indexes closing slightly lower on Friday after Nonfarm Payrolls data was much stronger than expected, but the unemployment […]
MEXICO CITY (AP) — Hours after declaring victory, Mexico’s newly elected president, the first woman to win the job, faced a market meltdown Monday and a tough path toward reconciling a country deeply divided by outgoing President Andrés Manuel López Obrador. Claudia Sheinbaum has promised to continue the political course set by her populist predecessor […]
By Karin Strohecker LONDON (Reuters) -Mexico’s peso tumbled more than 3% against the dollar on Monday after the ruling party scored a surprisingly strong election showing and looked poised for a super-majority that markets fear might bring constitutional change and diminish checks and balances. Claudia Sheinbaum won a landslide victory in Sunday’s presidential election, which […]
(Reuters) – U.S. stock index futures rose on Friday, rebounding after closing lower in the previous session on signs of persistent inflation that rekindled monetary policy caution ahead of a long weekend. After riding high on Nvidia’s blowout revenue forecast and a 10-for-one stock split in Thursday’s early trade, Wall Street’s main indexes turned lower […]
(Bloomberg) — Sign up for the India Edition newsletter by Menaka Doshi – an insider’s guide to the emerging economic powerhouse, and the billionaires and businesses behind its rise, delivered weekly. Most Read from Bloomberg Indian stocks suffered their worst day in about four months as the nervousness over the outcome of the ongoing general […]
(Bloomberg) — Credit investors got a dose of economic and geopolitical reality this week as hawkish comments from central bank officials about borrowing costs and tensions in the Middle East sent jitters through debt markets. Most Read from Bloomberg The pullback was triggered in part by comments from Federal Reserve Bank of New York President […]
(Reuters) – U.S. stock index futures rose on Monday, after Wall Street witnessed a bruising sell-off on the back of disappointing earnings from some big U.S. banks last week and escalating tensions in the Middle East made investors wary. All three major indexes fell more than 1% in the previous session, registering weekly losses after […]
BANGKOK (AP) — Shares fell Tuesday in Asia, with Hong Kong’s benchmark down nearly 2%, as jitters over Chinese markets dimmed confidence across the region. U.S. markets were closed Monday, leaving investors without cues from overnight trading. Early Tuesday, the future for the S&P 500 was 0.4% lower, and that for the Dow Jones Industrial […]
By Tom Westbrook SINGAPORE (Reuters) – Asian shares dropped to a one-month low, U.S. stock futures fell and the dollar rose on Tuesday as hawkish remarks from central bankers tempered expectations for interest rate cuts and traders waited to hear from the Fed’s influential Christopher Waller. MSCI’s broadest index of Asia-Pacific shares outside Japan fell […]