Standard Chartered plc (LON:STAN) has announced that it has executed the first digital asset prime brokerage trades with LMAX Group, marking a significant milestone in the development of institutional digital asset market infrastructure. The pilot transactions demonstrate a bank-grade digital asset intermediation model for Spot Bitcoin (XBT/USD) and Ether (XET/USD), with T+1 settlement through StanChart’s…
Bearish view Bullish view The EUR/USD exchange rate was flat on Wednesday morning as traders reacted to the relatively strong macro data from the United States. It was trading at 1.1420, a few points above last month’s low of 1.1325, with traders waiting for key ECB and Fed statements and US non-farm payrolls (NFP) data….
Goldman Sachs expects an oil market surplus of 3 million BPD in 2027. Without Warsh’s help, Japan will be forced to resort to currency interventions. The Dollar is consolidating ahead of Kevin Warsh’s speech in Sintra, Portugal, and the release of key US labour market data. A hawkish surprise from the new Fed Chair at…
VICTORIA, Seychelles, July 01, 2026 (GLOBE NEWSWIRE) — Bitget, the world’s largest Universal Exchange (UEX), has launched the UEX Futures League, a new trading competition that brings crypto and traditional financial markets into a single competitive format. Spanning two months and two asset classes, the league creates a unified pathway from online qualification to the…
Silver traders are focused on Thursday’s US Non-Farm Payrolls report, but the metal’s next major move could begin a day earlier. After days of listless sideways trading, Silver has failed to generate any meaningful recovery despite stabilizing above recent lows. That lack of buying enthusiasm suggests the recent downtrend is still intact. Before payrolls even…
Market Overview The crypto market is trading at $2.06T, unchanged from the previous day. Still, the current levels represent a recovery from a low of $2.02T, where the cap had fallen at the start of the active US trading session and again at the opening of the Asian session. Cryptocurrencies remain under pressure from fears…
US consumer confidence softened in June, with the Conference Board’s headline index falling from 93.1 to 91.2, missing expectations of 94.2. The decline reflected weaker assessments of current economic conditions, even as consumers became slightly more optimistic about the outlook for business conditions and personal incomes. The Present Situation Index dropped from 119.4 to 116.4,…
The dollar index DXY on Tuesday rose by +0.07%. The dollar moved higher amid month- and quarter-end demand, with Tuesday being the last trading day of Q2. Also, Tuesday’s decline in the yen to a 39-year low is dollar-supportive. In addition, higher T-note yields on Tuesday strengthened the dollar’s interest rate differentials. Tuesday’s US economic news…
2026.06.30 2026.07.01 Weekly Economic Calendar for 06.07.2026–12.07.2026 Jana Kanehttps://www.litefinance.org/blog/authors/jana-kane/ During the upcoming trading week of July 6–July 12, 2026, market participants will focus on the release of key macroeconomic data from China, Germany, the Eurozone, the US, and Canada, as well as the outcome of the Reserve Bank of New Zealand’s meeting. Particular attention will…
The copper market initially rallied on Monday, but the area right around the 50 Day EMA continues to be a bit of an issue. Copper The copper market has initially rallied during the trading session on Monday, testing the 50-day EMA, but has found quite a bit of trouble right around that indicator, and in…