Don't want to comment on forex levels, intervention But is extremely concerned about speculative moves The stance by the government has always been to take appropriate action on forex matters A bit of a verbal warning shot there as Tokyo officials continue to be alarmed by USD/JPY lingering above 159.00 but still not yet wanting…

Here are all the state readings released around the same time: Bavaria CPI +2.6% vs +2.9% y/y prior Saxony CPI +2.7% vs +3.0% y/y prior North Rhine Westphalia CPI +2.4% vs +2.7% y/y prior Baden Wuerttemberg CPI +2.4% vs +2.6% y/y prior It's a bit of a change up compared to the preliminary readings for…

Unemployment change -12k vs 10k expected Prior 20k Unemployment rate 6.3% vs 6.4% expected Prior 6.4% The jobless figure shows a drop of 12,000 and that brings the overall unadjusted number of unemployed persons to 2.95 million. That being said, this likely should be a one-off and doesn't excuse the fact that the labour market…

Finance ministry asked cabinet in February to freeze expenditure in other areas as cost of conflict mounts

Official says American forces shot down Iranian drones in move that prompted retaliation from Tehran

Brian Armstrong, CEO of Coinbase Global, announced on Wednesday, May 27, that the new "Direct Deposit" feature is now live, enabling users to split their paychecks directly into cash and cryptocurrency. Importance Rank:  1 …

The number of ETFs listed in the U.S. has surpassed publicly traded stocks by roughly 1,000, highlighting a major structural shift in financial markets. Importance Rank:  1 read more

French consumer confidence tumbled lower in the latest month to 82, that being the weakest such reading since March 2023. Since the start of the US-Iran conflict, consumer confidence has fallen by 9 points in the past three months. That marks the steepest decline over the same period since 2022. The details reveal a further…

“Ethereum got the ETH price it deserves, and I don’t see ETH being rerated as an asset, higher or lower,” says David Hoffman.

Agreement with union ends wrangling over how to share spoils of boom at memory-chip maker