SMFG targets $5 billion trading revenue as Japan rates reset markets
Sumitomo Mitsui Financial Group plans to double revenue from its sales and trading unit to 800 billion yen, or about $5 billion, within the next few years as Japan’s shift…
Bitcoin price prediction: Here’s why Wall Street is dumping BTC ETFs
Bitcoin price continued its strong crash today, June 4, reaching its lowest level since March this year, continuing a downward trend that started mid May. BTC plunged to $61,325, erasing…
Here’s why the Hang Seng Index is missing the global stock market bull run
Hong Kong’s Hang Seng Index has become a major laggard in the global equities market as top constituent companies plunge. The index was trading at H$25,600 today, June 3, down…
Here’s why the XRP price just lost a crucial support level today (June 3)
XRP price made a strong bearish breakout today, June 3, continuing a downtrend that started on May 14 when it peaked at $1.5486. It dropped below a crucial support level…
Nikkei 225 leads Asian markets lower as Middle East tensions hit sentiment
Asian equities fell on Tuesday as doubts over a Middle East ceasefire weighed on risk appetite, offsetting optimism around artificial intelligence funding and potential listings. MSCI’s Asia-Pacific index excluding Japan…
Crypto rally today: Why Humanity, Near Protocol, Worldcoin are pumping
A crypto rally is happening among AI tokens today, as investors cheer the latest Anthropic IPO application and Nvidia news. Humanity token jumped by 27% in the last 24 hours,…
China index reshuffle to trigger $48B in passive flows, Goldman says
China’s upcoming index rebalancing is expected to trigger more than $48 billion in gross two-way passive flows, according to Goldman Sachs, setting up a wave of mechanical buying and selling…
S&P 500 Index forecast: Goldman Sachs, Citi, Yardeni, Morgan Stanley
The S&P 500 Index is having a strong performance this year as it continues to reach new all-time highs each day. It soared to a record high of $7,580 last…
Stanley Druckenmiller just sold Google shares to load up on five AI hardware stocks
Stanley Druckenmiller just made a few portfolio moves that Wall Street is watching rather closely. The billionaire founder of Duquesne Family Office – widely regarded as the most influential active…
Brent crude oil wavers on Hyperliquid as Trump seeks edits to his Iran deal
Brent crude oil price remained in a tight range on Hyperliquid as investors waited for President Donald Trump’s “final determination” on the Iran deal. It was trading at $92.40 on…