US initial jobless claims 214K vs 210K expected
Prior was 208K (revised to 207K) 4 week moving average of initial jobless claim 210.75K vs 210.0K last week Continuing claims 1,821M vs 1.820M expected Prior week 1.809M (revised from 1.818M) The data continues to show steady – no hire/no fire? – employment trends. Looking at the continuing claims, the advance number for seasonally adjusted […]
OKX Taps BitGo to Let U.S. Institutions Trade Crypto Without Moving Assets On-Exchange
OKX has added BitGo’s off-exchange settlement infrastructure to its U.S. platform. It benefits institutional traders that want access to exchange liquidity without parking capital on a trading venue. Under the arrangement, clients can trade on OKX while assets remain in BitGo’s regulated custody, with automated settlement handled through BitGo’s Go Network. Why does it matter? […]
Capitol agenda: Senate GOP braces for Cabinet shakeup
The Trump administration saw yet another high-profile departure Wednesday, with Navy Secretary John Phelan heading to the exits. Senate Republicans are bracing for even more. President Donald Trump’s recent administration shakeup — the sacking of Kristi Noem and Pam Bondi as well as this week’s departure of Lori Chavez-DeRemer — has created openings for a […]
Up 36%, could Shell shares still offer value for the long term?
Image source: Getty Images Buy cheap, sell high. That is how the old saying goes. When it comes to investing, I am happy to buy at an attractive price, even if it is not necessarily cheap – and then hold for the long term. Over the past year, Shell (LSE: SHEL) shares have done well. […]
Pakistani officials blame blockade, not Iran divisions, for stalled talks
Pakistan has proposed opening the Strait in exchange for partial lifting of sanctions on Iran Trump cited Iran’s “fractured” leadership as the reason for extending the ceasefire but yesterday the White House said they knew they were negotiating with the right people. Now there’s this report and it adds up: Iran has insisted on peace […]
5 years ago Barclays shares cost just 181p! Are they still a buy at today’s 434p?
Image source: Getty Images Barclays‘ (LSE: BARC) shares have had a brilliant run. They’re up 46% over 12 months and 136% over five years, with dividends on top. When a FTSE 100 stock flies like this one, I find myself asking the same question: can it continue? Or should investors simply accept they’ve missed the […]
investingLive European markets wrap: Oil climbs, stocks down on US-Iran stalemate
Headlines: Markets: Brent crude up 1.1% to $103.05, WTI crude up 1.2% to $94.13 USD leads, NZD lags on the day Equities lower in Europe, S&P 500 futures down 0.5% US 10-year yields up 2.7 bps to 4.323% Gold down 0.8% to $4,699, Silver down 4.0% to $74.60 Bitcoin down 1.2% to $77,533 It was […]
Silver extends losses as US-Iran stalemate and rate hike bets weigh on precious metals
FUNDAMENTAL OVERVIEW Silver has come under renewed pressure on Tuesday after the markets got a bit scared following Iran’s refusal to participate in the Islamabad talks due to the US blockade in the Strait of Hormuz. Most of the losses were then pared after Trump extended the ceasefire to allow more time for Iran to […]
Japan finance minister Katayama delivers another intervention warning
We have a “free hand” in conducting interventions Our deputies in US, Japan are in close contact on forex matters All we can say is that past interventions have made an impact The warning here isn’t anything new and it comes as we see USD/JPY inch closer towards the 160 mark once again this week. […]
£5,000 invested in FTSE 100 stock London Stock Exchange Group 1 month ago is now worth…
Image source: Getty Images FTSE 100 financial technology stock London Stock Exchange Group (LSE: LSEG) has had a poor run over the last year due to the global software sell-off, falling about 15%. However, recently it’s come storming back from its lows – had an investor put £5,000 into the stock a month ago, it […]
