Bitcoin advanced Monday, extending a weekend rebound as signs of progress toward ending the U.S. government shutdown nudged investors back into risk. The largest cryptocurrency rose 4.3% to $106,330 by 00:06 ET (05:06 GMT), clawing back a portion of steep losses from October and early November. The up-move follows last …
Read More »Asia shares mixed as tech rebound lifts Japan and Korea; China lags despite firmer CPI
Asian equities opened the week on uneven footing Monday, with Japan and South Korea leading gains on a rebound in semiconductor and AI-adjacent names, while Chinese benchmarks underperformed even after a marginally better inflation print. Regional sentiment also drew support from U.S. equity futures—S&P 500 contracts rose about 0.6%—on reports …
Read More »U.S. futures flat as shutdown drags and valuation jitters persist; earnings cushion the blow, oil set for weekly loss
U.S. stock futures were little changed Friday after a bruising week dominated by concerns over stretched technology valuations and a prolonged government shutdown that has obscured key economic signals. By 06:00 ET (11:00 GMT), Dow futures added 9 pts (+0.1%), while S&P 500 futures −3 pts (−0.1%) and Nasdaq 100 …
Read More »Bitcoin slips toward weekly loss as tech rout saps risk appetite; policy headlines fail to lift mood
Bitcoin extended losses on Friday, leaving the token on track for a steep weekly decline as a global selloff in richly valued technology shares curbed demand for risk assets. The largest cryptocurrency fell 0.8% to $102,294 by 00:23 ET (05:23 GMT) and is down nearly 8% this week, cementing a …
Read More »Europe edges up on earnings, but set for weekly slip as valuation nerves linger
European equities nudged higher on Friday, with investors sifting through another wave of corporate results even as the region’s benchmarks looked poised to log weekly declines amid renewed worries over stretched valuations. By 08:10 GMT, Germany’s DAX added 0.4% and France’s CAC 40 rose 0.3%, while London’s FTSE 100 slipped …
Read More »Oil edges higher but heads for second straight weekly loss as supply fears linger
Oil prices bounced on Friday after three sessions of declines, yet remained on course for a second consecutive weekly drop amid persistent worries over oversupply and softer U.S. demand. By 09:04 GMT, Brent crude rose $0.60 (≈1%) to $63.98/bbl, while West Texas Intermediate (WTI) gained $0.61 (≈1%) to $60.04/bbl. Both …
Read More »Bitcoin inches higher as bargain-hunting meets macro headwinds; altcoins bounce, jitters linger
Bitcoin rose on Thursday, clawing back a sliver of this week’s heavy losses as dip-buyers tested support after the market slid into bear-market territory. The largest cryptocurrency gained 1.7% to $103,744 by 23:35 ET (04:35 GMT), after briefly sinking below $100,000 earlier in the week—its weakest level since mid-June and …
Read More »Dow Jones Faces Selling Pressure 7/11/2025
The index extended its anticipated decline, posting a 46,895 low. Technical outlook 50-SMA (4H): Now above price and acting as dynamic resistance, limiting recovery attempts. RSI: Still negative; trying to unwind oversold, but momentum remains fragile. Base case (bearish while below 47,240) Maintaining trade beneath 47,240 keeps the downside in …
Read More »CAD Searches for Fresh Momentum 7/11/2025
USD/CAD extended its advance in line with prior bullish calls, tagging the 1.4120 target and printing a 1.4140 high. Technical outlook Structure: The break above the descending trendline is intact. SMAs: Simple moving averages have rotated beneath price, providing support. RSI: Easing from overbought without breaking down—consistent with scope for …
Read More »Pound Slams into Resistance 7/11/2025
The pair attempted to claw back recent losses, but the recovery remains fragile. Technical outlook RSI: Overbought resets are fading, with the indicator still sending negative signals. 50-SMA (4H): Capped the bounce near 1.3165, reinforcing overhead resistance. Structure: Ongoing stability below 1.3175 keeps the bearish bias intact. Base case (bearish …
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