West Texas Intermediate (WTI) – the US oil benchmark – has witnessed a steep bearish opening gap on Monday, now losing nearly 5%, on its way to surrendering the $90 threshold.The sell-off in the black gold is fuelled by the renewed optimism over a … [Continue reading]
SEC delays tokenized stock exemption amid industry concerns
The US Securities and Exchange Commission (SEC) has delayed plans to introduce an exemption that would allow crypto firms to trade tokenized equities, according to a Bloomberg report on Friday.SEC pauses planned roll out of tokenized stock exemption … [Continue reading]
Ethereum Weekly Price Forecast: EF departures, sticky inflation weigh on ETH
The Ethereum Foundation (EF) has come under pressure again following high-profile departures over the past few days, with researchers Carl Beek and Julian Ma announcing their exits on Monday. That extends the list of departures since February to … [Continue reading]
Singapore Dollar: Mild bullish against US Dollar within tight range – UOB
United Overseas Bank’s (UOB) Quek Ser Leang and Lee Sue Ann expect USD/SGD to edge lower intraday toward 1.2760, though a sustained break is seen as unlikely, with major support at 1.2730 intact. On a 1–3 week horizon, UOB keeps a neutral stance, … [Continue reading]
NYSE parent partners with OKX to launch perpetual Oil contracts
Intercontinental Exchange (ICE), parent company of the NYSE, has partnered with OKX to roll out perpetual futures contracts for its Brent Crude and WTI Crude energy benchmarks. The collaboration, announced on Friday, highlights growing momentum to … [Continue reading]
AUD/USD Price Forecast: Stuck between key SMAs as RSI turns bearish
The AUD/USD pair edges lower during the North American session on Friday, poised to remain sideways within key technical support and resistance levels, with the 20-day Simple Moving Average (SMA) at 0.7187 and the 50-day SMA at 0.7095. At the time of … [Continue reading]
ASEAN-6 inflation: Pipeline pressures and rate risks – DBS
DBS Group Research economists Radhika Rao and Chua Han Teng highlight that ASEAN-6 economies are experiencing asymmetric inflation outcomes despite a common energy shock. Indonesia and Malaysia show relatively contained inflation, while Thailand, … [Continue reading]
Japan CFTC JPY NC Net Positions declined to ¥-93.9K from previous ¥-75.1K
Gold trades lower for the second consecutive day on Friday, although price action remains broadly confined within recent ranges, with downside attempts still finding support around the $4,500 region per troy ounce. Market volatility stays relatively … [Continue reading]
United States CFTC Oil NC Net Positions climbed from previous 169.9K to 172.6K
Gold trades lower for the second consecutive day on Friday, although price action remains broadly confined within recent ranges, with downside attempts still finding support around the $4,500 region per troy ounce. Market volatility stays relatively … [Continue reading]
United States CFTC Gold NC Net Positions fell from previous $171.6K to $159.8K
Gold trades lower for the second consecutive day on Friday, although price action remains broadly confined within recent ranges, with downside attempts still finding support around the $4,500 region per troy ounce. Market volatility stays relatively … [Continue reading]