Crude oil prices fell for a second straight session on October 27, slipping away from a six-month peak as intensified diplomatic talks raised hopes of avoiding a broader US-Iran military escalation.
British Retail Consortium data shows October shop price inflation jumped to 2.1%, the highest reading in two and a half years, as retailers struggle to shield consumers from soaring energy and food costs linked to the Middle East conflict.
Cotton contracts lost between 61 and 114 points on Monday as a firmer US dollar and a drop in crude oil pressured the market, while crop progress data showed 89 percent of bolls opening.
China has warned it will take countermeasures in response to the United States expanding its investment curbs on the biotechnology sector, a move that could deepen transatlantic trade tensions.
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Brazil's 80-year-old Lula da Silva narrowly defeats Senator Flávio Bolsonaro in a split runoff, triggering a sharp selloff in Brazilian equities.
The Trump administration announced a targeted reshuffling of its 50% duties on Canadian imports, removing certain goods while adding new categories, a move Senator Susan Collins credited to her lobbying efforts.
Rising crude prices and geopolitical tensions in the Middle East weighed on equities and bonds in the days leading up to the Federal Reserve's rate decision, leaving the semiconductor sector with its steepest weekly loss since fall.
Growing skepticism over whether massive AI infrastructure outlays by hyperscalers will generate adequate returns has dragged the Nasdaq 100 lower, with cash-flow worries amplifying risk-off sentiment across asset classes.
Bitcoin treasury firms Strategy and Strive face a growing dilemma: funding continued coin purchases while servicing ever-larger dividend commitments on perpetual preferred shares, a tension that could reshape the $12 billion preferred market.
The IRS plans to overhaul its voluntary disclosure program by cutting penalties and targeting 120-day case resolution, with digital assets handled under the same procedures as other tax violations, according to a Forbes report.
Japanese equities opened notably lower as overnight softness in U.S. technology shares and lingering energy-cost worries hit chip and bank stocks, a development forex desks are tracking for potential yen cross implications.
A broad risk-off selloff hit U.S. equities, with the Nasdaq 100 dropping nearly 3% after Meta plunged 7%. Forex traders are watching how the equity rout ripples into currency pairs and safe-haven flows.
Broadcom, Verizon, UnitedHealth and six other companies have formally objected to having their shares tokenized under the SEC's new Innovation Exemption, signaling deep institutional skepticism toward the OKX-ICE trading venue.
The Crypto.com spin-off joins Coinbase, Kalshi, and Payward in a growing wave of filings to bring non-expiring, cash-settled futures on individual US equities to regulated American markets.
The CFTC has asked a federal court to throw out CME Group's lawsuit, arguing the exchange cannot demonstrate any actual financial harm and that any registered venue is free to list perpetual futures on digital assets.
Crude oil prices fell for a second straight session on October 27, slipping away from a six-month peak as intensified diplomatic talks raised hopes of avoiding a broader US-Iran military escalation.
British Retail Consortium data shows October shop price inflation jumped to 2.1%, the highest reading in two and a half years, as retailers struggle to shield consumers from soaring energy and food costs linked to the Middle East conflict.
Cotton contracts lost between 61 and 114 points on Monday as a firmer US dollar and a drop in crude oil pressured the market, while crop progress data showed 89 percent of bolls opening.
Advertisement
Bitcoin treasury firms Strategy and Strive face a growing dilemma: funding continued coin purchases while servicing ever-larger dividend commitments on perpetual preferred shares, a tension that could reshape the $12 billion preferred market.
The IRS plans to overhaul its voluntary disclosure program by cutting penalties and targeting 120-day case resolution, with digital assets handled under the same procedures as other tax violations, according to a Forbes report.
Former medical device maker Sharps Technology has offloaded all of its Solana holdings and is deploying $223.8 million in cash to repurchase up to $201.3 million in shares and warrants, signaling a full retreat from its crypto-accumulation playbook.
Stock
Brazil's 80-year-old Lula da Silva narrowly defeats Senator Flávio Bolsonaro in a split runoff, triggering a sharp selloff in Brazilian equities.
Stock
Rising crude prices and geopolitical tensions in the Middle East weighed on equities and bonds in the days leading up to the Federal Reserve's rate decision, leaving the semiconductor sector with its steepest weekly loss since fall.
Stock
Super Micro's unexpected disclosure that revenue and margins could significantly exceed prior expectations triggered a sharp rally in its stock, with peers Dell and HPE also gaining on the news.
Stock
Bending Spoons shares surged 41% after Berkshire Hathaway disclosed a $330 million stake, bringing its total investment past $900 million. The Milan-based holding company continues acquiring distressed SaaS names at steep discounts while cutting jobs, reshaping the software landscape.
Indicative FX reference rates against the US dollar. · Updated 27 Oct, 00:02 UTC
