Hyperliquid Policy Center and Phantom call for the CFTC to revise regulations for on-chain markets.
HyperLiquid Policy Center and Phantom Request CFTC Rule Updates In a recent comment letter, the HyperLiquid Policy Center (HPC) and Phantom urged the Commodity Futures Trading Commission (CFTC) to revise its regulations to better align with self-custodial and on-chain trading environments. The organizations pointed out that existing CFTC rules cater to traditional financial systems where […]
Gains in AI stocks boost US markets
AI Stocks Boost Wall Street NEW YORK (AP) — A surge in AI stocks has propelled Wall Street higher. On Monday, the S&P 500 climbed 0.7%, bringing it within 1% of its all-time high, despite many stocks in the index declining. By 1:30 p.m. ET, the tech-focused Nasdaq Composite Index had risen by 1.1%, while […]
Asian markets prepare for a varied opening as chip decline impacts mood: Live updates
Gold gains as weak US jobs report dims prospects for Fed rate hike Gold prices experienced an uptick on Friday following a U.S. jobs report that was weaker than anticipated, which reduced expectations for interest rate increases by the Federal Reserve. Spot gold saw a rise of 1.67%, reaching $4,191.69 an ounce, marking its first […]
Forex Today: Careful beginning of the week as markets evaluate recent developments in the US-Iran conflict
June 29th Financial Overview Here’s a snapshot of the situation as the week begins on Monday, June 29th. Financial markets are a bit on edge as investors try to digest the latest nuances in the ongoing US-Iran conflict. Over in Europe, there’s a focus on business and consumer sentiment data for June. Interestingly, later today, […]
Global stocks slip as tech downturn weighs on markets
Global Markets and Oil Prices Experience Declines NEW YORK, June 26 (Reuters) – Global stock markets dipped on Friday, adding to a weekly decline as investors took profits from a surge in technology and semiconductor stocks. Oil prices also fell as more tankers departed the Strait of Hormuz, easing some supply concerns. On Wall Street, […]
Regular Updates on Grain and Livestock Futures Markets
Market Update At 10:39 AM, July corn has decreased by 1 cent per bushel, while November soybeans remain steady. September KC wheat has risen by 6.5 cents, and September Chicago wheat is up 8.5 cents. MIAX September Minneapolis wheat has gained 1.5 cents. The Dow Jones Industrial Average has increased by 550.21 points. The US […]
Chainlink and Global Banking Groups Initiate Project Pangea to Create T+0 Settlement System for International FX Markets
Chainlink Collaborates with Multinational Groups to Transform FX Infrastructure Chainlink has established a working group with several multinational organizations in Europe and South Korea. Collectively, these groups manage assets exceeding $10 trillion. The primary goal of this initiative is to enhance foreign exchange (FX) infrastructure, specifically by assessing the shift from the traditional T+2 settlement […]
Regular Reports on the Grains and Livestock Futures Markets
Market Updates As of 10:29, July corn rose by 4.25 cents per bushel, July soybeans increased by 3.5 cents, September KC wheat was up 9.5 cents, July Chicago wheat climbed 12 cents, and MIAX September Minneapolis wheat gained 6.5 cents. The Dow Jones Industrial Average saw an increase of 175.64 points. The U.S. dollar index […]
Americas FX news summary 15 Jun: Dollar sees mixed results as markets focus on important rate decisions
US Dollar Movement and Economic Updates The US dollar began the North American trading day in a weaker position but ended with mixed results. It lost value against the euro, British pound, Swiss franc, and Australian dollar, while gaining against the Canadian dollar, Japanese yen, and New Zealand dollar. Investor sentiment improved in the Middle […]
Australian Dollar hits a six-week low as Trump unsettles markets
The Australian dollar dipped roughly 0.25% against the US dollar on Tuesday. The drop follows a shift in market sentiment after President Trump indicated he would retaliate against Iran, following a helicopter incident in the Strait of Hormuz. As a result, AUD/USD is now trading at 0.7027, having previously reached a six-week low of 0.7005. […]