Market Update

The Japanese Yen’s recent slide against the US Dollar sparks a question: is the Bank of Japan (BoJ) too cautious for its own good? The USD/JPY pair climbed 0.45% to 145.75 on Wednesday, rebounding from the 21-day EMA support near 144.60. Meanwhile, the BoJ’s latest Summary of Opinions reveals a …

The Federal Reserve’s approach to monetary policy remains steady yet vigilant, as highlighted by Chairman Jerome Powell during his recent testimony on the Semi-Annual Monetary Policy Report before the Senate Banking Committee. The focus? Inflation trends and the enduring strength of the U.S. dollar as the global reserve currency. Here’s …

U.S. Stock Futures Edge Up Amid Ceasefire and Powell’s Testimony U.S. stock futures traded modestly higher on Wednesday as investors cautiously responded to the fragile ceasefire between Israel and Iran, while also digesting the latest commentary from Federal Reserve Chair Jerome Powell. This shift in sentiment comes after a positive …

Oil prices saw a modest rebound on Wednesday, following sharp declines in the previous two sessions, as traders evaluated the U.S.-brokered ceasefire between Israel and Iran. As of 06:00 ET (10:00 GMT), Brent oil futures for August rose 0.9%, reaching $66.74 per barrel, while West Texas Intermediate (WTI) crude futures …

European stocks saw slight gains on Wednesday, bolstered by hopes that the fragile ceasefire between Israel and Iran might hold, while investors also digested Federal Reserve Chair Jerome Powell’s remarks from his testimony before Congress. As of 03:05 ET (07:05 GMT), the DAX index in Germany rose 0.2%, the CAC …

Bitcoin saw a modest increase on Wednesday, extending overnight gains as traders remained cautiously optimistic following a U.S.-brokered ceasefire between Israel and Iran. The ceasefire appeared to be holding, giving a slight boost to market sentiment. Bitcoin rose 0.7% to $106,160.1 by 01:29 ET (05:29 GMT), reflecting a small but …

Spain’s economy grew by 0.6% in the first quarter of 2025, according to data released by the National Statistics Institute (INE) on Wednesday. This growth figure aligns with preliminary data previously published, confirming the resilience of the Spanish economy. On an annual basis, Spain’s economy expanded by 2.8% in Q1 …

Gold prices saw a modest uptick in Asian trade on Wednesday after suffering sharp losses in the previous session, as a weaker U.S. dollar helped to provide some relief, despite the easing of geopolitical tensions following the ceasefire between Israel and Iran. Spot gold rose 0.2%, reaching $3,329.93 an ounce, …

Japan stands at a pivotal moment in its cryptocurrency journey, with proposed reforms signaling a bold shift toward a more progressive regulatory landscape. The Financial Services Agency (FSA) has put forward changes that could transform the crypto industry, including lifting the ban on Bitcoin exchange-traded funds (ETFs) and slashing taxes …

The EUR/USD pair has climbed 0.39%, trading near its yearly high of 1.1641, fueled by a weakening US Dollar following a ceasefire between Israel and Iran. This de-escalation has eased safe-haven demand for the Dollar, lifting market sentiment and pushing the US Dollar Index (DXY) down by 0.47% to weekly …