USD/JPY forecast: What next for the soaring Japanese yen?
The Japanese yen has staged a strong comeback in the past few days as investors focused on its potential intervention and the latest actions by the Federal Reserve. The USD/JPY…
Trump taps Colin McDonald for newly-created role of assistant attorney general for fraud enforcement
President Donald Trump on Wednesday nominated federal prosecutor Colin McDonald to serve in the newly formed role of assistant attorney general for national fraud enforcement. McDonald is currently serving as…
Amazon staff rattled after premature email hints at fresh layoffs
Amazon employees were left unsettled on Tuesday after an internal email referencing “organizational changes” and “impacted colleagues” was sent prematurely, fueling concerns that another round of corporate layoffs is imminent.…
FTSE 100 Index in focus as traders eye Starmer’s China trip, Fed, Lloyds Bank earnings
The FTSE 100 Index continued its recent rally this week, helped by the ongoing bank and mining stocks gains. It jumped to a high of £10,208 on Tuesday, up by…
Ted Cruz urges US to arm Iranian protesters as militias threaten ‘total war’ against America
Sen. Ted Cruz called for the U.S. to arm Iranian protesters Tuesday as unrest continues inside the nation and Iran-backed militias issued threats against Washington. ‘We should be arming the…
Gold tops $5,000 as commodities split between macro risk and physical supply
Geopolitical risk has sent gold soaring past $5,000 an ounce on investor uncertainty, even as energy markets remain firmly tied to tangible supply-demand constraints, according to a new Rystad Energy…
Here’s why the KOSPI Index soared to ATH after Trump’s tariff threat
The KOSPI Composite Index continued its remarkable rally, reaching its highest level on record as the AI boom continued and the frenzy among investors accelerated. It also jumped despite the…
Trump sues JPMorgan Chase and CEO Jamie Dimon for $5B over alleged ‘debanking’
President Donald Trump on Thursday filed a $5 billion lawsuit against JPMorgan Chase and its CEO Jamie Dimon, claiming that the bank improperly closed his accounts for political reasons. ‘While…
Trump says Iran called ‘numerous’ times to make deal as carrier enters Middle East waters
President Donald Trump said Iran appears to be looking to negotiate with the U.S. amid a growing military buildup in the Middle East. In a Monday interview with Axios, Trump…
Russell 2000 rally: sustainable or ‘January effect’ only?
Investors have been loading up on small-cap stocks as they take a breather from the larger, possibly overvalued artificial intelligence (AI) names in recent weeks. This shift in sentiment that…