A 21-institution banking consortium led by Goldman Sachs, Citigroup, and BBVA has locked in $270 million to launch a dollar-pegged stablecoin in early 2027, challenging crypto-native issuers Tether and Circle that control roughly 85% of the market.
Oil prices closed at their weakest levels since August 31 as traders priced in growing optimism that diplomatic channels could de-escalate the ongoing conflict in the Middle East, even as strikes continued in the region.
The euro has come under pressure as the US dollar broadens its recent gains, a move that runs counter to market expectations tied to increasing optimism around a potential US-Iran deal.
U.S. stock indexes posted a mixed session on Friday, with the Nasdaq 100 gaining over 1% on the back of a semiconductor rally, while the Dow slipped modestly. Futures pointed to continued strength heading into the next trading week.
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The Shanghai Composite Index pulled back Friday after a strong two-day advance, but analysts expect a recovery toward the 3,650 level on Monday, with potential spillover effects for CNY-linked forex pairs.
The US dollar climbed 0.71 percent to a one-week high on Friday after October employment figures exceeded expectations, reinforcing a hawkish outlook for Federal Reserve policy.
Nigeria's Central Bank has introduced one of the world's most restrictive stablecoin access frameworks, requiring foreign token issuers to establish locally licensed subsidiaries with substantial capital before serving Nigerian retail customers.
A wave of losses hit tech and semiconductor shares across the US and Asia after Democratic midterm victories raised the prospect of regulatory headwinds for AI infrastructure spending.
Front-month cotton contracts closed the session 1 to 15 points lower, with a firmer US dollar and softer crude oil weighing on sentiment ahead of the weekend.
Brent crude oil futures closed nearly flat on Friday but logged their steepest weekly drop since the pandemic, as Republican setbacks in the U.S. midterm elections fueled hopes for a diplomatic pivot under the Trump administration.
A sharp overnight decline in US technology stocks has sent ripples through Asian markets, with semiconductor-driven unwinds triggering broader risk reductions across regional equity sectors.
Major U.S. stock indexes posted steep losses on Thursday amid a broad risk-off move, with the Nasdaq 100 leading the decline as traders dumped positions in chipmakers and artificial-intelligence-related equities.
XTB's chief executive acknowledged the Polish broker arrived late to Britain, where its revenue is roughly 3% of rival Trading 212's, while Indonesia now outperforms every other market in monthly account sign-ups except Poland.
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.
Oil prices closed at their weakest levels since August 31 as traders priced in growing optimism that diplomatic channels could de-escalate the ongoing conflict in the Middle East, even as strikes continued in the region.
The euro has come under pressure as the US dollar broadens its recent gains, a move that runs counter to market expectations tied to increasing optimism around a potential US-Iran deal.
U.S. stock indexes posted a mixed session on Friday, with the Nasdaq 100 gaining over 1% on the back of a semiconductor rally, while the Dow slipped modestly. Futures pointed to continued strength heading into the next trading week.
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A 21-institution banking consortium led by Goldman Sachs, Citigroup, and BBVA has locked in $270 million to launch a dollar-pegged stablecoin in early 2027, challenging crypto-native issuers Tether and Circle that control roughly 85% of the market.
Nigeria's Central Bank has introduced one of the world's most restrictive stablecoin access frameworks, requiring foreign token issuers to establish locally licensed subsidiaries with substantial capital before serving Nigerian retail customers.
Kim Yo-jong, sister of Kim Jong Un, dismissed claims that Pyongyang masterminded the record-breaking $6.3 billion breach of Binance, branding the allegations a politically motivated smear by Washington.
Stock
A sharp overnight decline in US technology stocks has sent ripples through Asian markets, with semiconductor-driven unwinds triggering broader risk reductions across regional equity sectors.
Stock
A wave of losses hit tech and semiconductor shares across the US and Asia after Democratic midterm victories raised the prospect of regulatory headwinds for AI infrastructure spending.
Stock
Major U.S. stock indexes posted steep losses on Thursday amid a broad risk-off move, with the Nasdaq 100 leading the decline as traders dumped positions in chipmakers and artificial-intelligence-related equities.
Stock
Wednesday's sharp rally in equities was fueled not only by the Democratic sweep in the 2026 midterms but also by President Trump's public acceptance of the outcome, a move analysts say removes a key source of policy uncertainty from the market.
Indicative FX reference rates against the US dollar. · Updated 11 Nov, 00:02 UTC
