investingLive European FX news wrap: The JPY jumps on renewed hopes for a BoJ hike

7 months ago 29

Banks fear stablecoins could drain $6.6T from deposits; crypto argues yield is key for innovation & inclusion.

Global bonds rally 20%+ from 2022 lows as Fed rate cut bets rise. Investment-grade yields hit 4.26%.

Tariffs backfire: Manufacturing jobs down 78k, hiring slows to 29k/3mo. Uncertainty paralyzes firms.

S&P 500, Nasdaq rebound on rate cut bets. Jobs data miss sparks AI stock rally; traders eye revisions.

Wall Street Journal

21m ago

Telegram hits 1B users! 33% trade crypto via mini apps, boosting broker growth. Beware of scams!

Credo Tech (CRDO) has surged 6x from a 52-week low of $24.47 to near $149, now up 4.8% at $147.53. Pre-market shows $148.62, but momentum may stall as the $150 level looms as psychological resistance.

investingLive Exclusive

48m ago

Dow, S&P, Nasdaq drift higher as traders eye Fed's next move & inflation data. Nasdaq hits record!

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