News

Crypto traders hedging risks of correction
While Bitcoin is consolidating in the spot market, the futures market is signalling growing risks of a Bitcoin correction. Traders are hedging against the risk of a pullback to $100,000 and below ...
Week ahead – PCE inflation and flash PMIs on tap amid Middle East jitters [Video]
The headline rate of the PCE price index is projected to rise from 2.1% to 2.25% y/y according to the Cleveland Fed’s Nowcast model, while the core PCE price index is estimated to edge up slightly ...
Ripple Price Prediction: How tokenized treasuries could accelerate XRP to $10 by end-2025
The XRP Ledger, RLUSDT, and XRP adoption could receive a significant boost with the conclusion of the Securities and Exchange ...
EUR/GBP edges lower despite downbeat UK retail sales
The EUR/GBP cross has been trading on the front foot for the past two weeks, buoyed by renewed Euro demand and mixed UK ...
Sei Price Forecast: SEI rallies as Wyoming selects protocol for WYST stablecoin pilot
Sei (SEI) price is edging higher, trading at around $0.21 at the time of writing on Friday. The token, designed for Decentralized Finance (DeFi), high-frequency trading, and real-time digital ...
Fed's Waller: The Fed is in position as early as July for cuts
In an interview with CNBC on Friday, Federal Reserve (Fed) Governor Christopher Waller said that the Fed is in a position to cut the policy rate as early as July, per Reuters. "Central banks should ...
Gold edges lower as fears in the Middle East conflict ease
Gold (XAU/USD) is weakening on Friday, trading around $3,355 at the time of writing, as the yellow metal extends its pullback ...
Central banks expect further Gold purchases in the next 12 months – Commerzbank
"This week, the World Gold Council published its annual survey among central banks on their assessment of Gold reserves and ...
Crypto Today: Bitcoin, Ethereum, XRP nudge higher as geopolitical tensions take a backseat
XRP shows signs of a potential reversal heading into the weekend, underpinned by growing institutional interest. A surprise bullish wave in the broader cryptocurrency market has seen prices edge ...
Fed meeting a non-event for Gold – Commerzbank
The Gold price remained virtually unaffected by the US Federal Reserve's monetary policy decision on Wednesday evening, Commerzbank's Head of FX and Commodity Research Thu Lan Nguyen notes.
US crude oil inventories post largest decline in almost a year – Commerzbank
US crude oil inventories recorded a surprisingly sharp decline of 11.5 million barrels last week, Commerzbank's commodity analyst Carsten Fritsch notes.
IEA confirms demand peak at the end of the decade – Commerzbank
The IEA presented its medium-term outlook this week. As in the previous year, it believes that oil demand will peak at the end of the decade, Commerzbank's commodity analyst Barbara Lambrecht notes.