Crude oil prices surged more than 1% in early Asian trading Monday after U.S. President Donald Trump turned down Tehran's conditional offer to reopen the Strait of Hormuz, reinforcing a risk-averse tone that is pressuring high-yield and risk-sensitive currency pairs.
Live and feeder cattle futures ended the week with broad-based gains, bolstered by increased speculative positioning, year-over-year growth in beef cold storage stocks, and lower slaughter numbers disrupted by enforcement actions at Kansas packing plants.
Lean hog contracts fell 17 to 97 cents on Friday, while managed money pushed its net short position to a record 35,548 contracts. USDA's September 1 hog inventory data showed a 1.51% year-over-year decline, signaling gradual supply tightening.
A five-year partnership and equity investment by Binance in Circle is accelerating USDC's reach across emerging markets, intensifying pressure on Tether's long-held lead in the dollar stablecoin market.
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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.
US stock indexes closed mostly modestly lower on Thursday as a spike in oil prices sent global bond yields to multi-decade highs, while hawkish Fed commentary and a strong jobs report reinforced the case for further rate increases.
US Treasury Secretary Scott Bessent has confirmed that the existing trade truce between the United States and China has been extended, with the new deadline set at January 10.
Crude oil prices slid to the vicinity of $89 per barrel as global markets assessed the economic and geopolitical signals embedded in President Trump's address to the United Nations.
The Hang Seng Index is set to extend its two-day slide on Friday, pressured by surging bond yields, elevated oil prices, and lingering uncertainty over Middle East peace negotiations.
Treasury Secretary Scott Bessent confirmed a two-month extension of the U.S.-China trade truce, keeping reduced tariffs and rare-earth supply flows in place, as President Xi Jinping began a state visit in Washington.
Oil prices dipped during early Asian trading hours amid contradictory reports about whether Tehran has floated a conditional plan to reopen the Strait of Hormuz, a key global energy chokepoint.
A senior figure at the Reserve Bank of Australia has voiced backing for additional interest rate increases, warning that inflationary pressures risk becoming entrenched in the economy.
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 rose in early Asian trading after reports of no progress in U.S. and Iran talks aimed at reopening the Strait of Hormuz, a crucial oil shipping lane.
Crude oil prices surged more than 1% in early Asian trading Monday after U.S. President Donald Trump turned down Tehran's conditional offer to reopen the Strait of Hormuz, reinforcing a risk-averse tone that is pressuring high-yield and risk-sensitive currency pairs.
Live and feeder cattle futures ended the week with broad-based gains, bolstered by increased speculative positioning, year-over-year growth in beef cold storage stocks, and lower slaughter numbers disrupted by enforcement actions at Kansas packing plants.
Lean hog contracts fell 17 to 97 cents on Friday, while managed money pushed its net short position to a record 35,548 contracts. USDA's September 1 hog inventory data showed a 1.51% year-over-year decline, signaling gradual supply tightening.
A five-year partnership and equity investment by Binance in Circle is accelerating USDC's reach across emerging markets, intensifying pressure on Tether's long-held lead in the dollar stablecoin market.
Asset manager VanEck has issued its lowest rating for Metaplanet's compensation structure, arguing that even a 41% reduction in the company's share pool leaves management's equity exposure far above the digital asset treasury sector average.
The new ASSX fund delivers twice the daily return of Strive shares, offering crypto traders a leveraged alternative to direct Bitcoin exposure through a publicly listed treasury company.
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The Hang Seng Index is set to extend its two-day slide on Friday, pressured by surging bond yields, elevated oil prices, and lingering uncertainty over Middle East peace negotiations.
Stock
US stock indexes closed mostly modestly lower on Thursday as a spike in oil prices sent global bond yields to multi-decade highs, while hawkish Fed commentary and a strong jobs report reinforced the case for further rate increases.
Stock
After two straight sessions of losses, the Kuala Lumpur Composite Index hovers just above 1,620 points heading into Monday, with traders weighing a strong U.S. equity rally, a Fed rate cut, and softening oil prices driven by weaker Chinese import data.
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The Singapore benchmark index is expected to trade in a narrow band around 5,655 on Monday after a mild Friday dip, as mixed signals from U.S. equities, falling oil prices, and rising treasury yields leave Asian markets without a clear directional cue.
Indicative FX reference rates against the US dollar. · Updated 28 Sept, 00:02 UTC
