Cotton Futures Slip Modestly as Friday Trading Winds Down
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.
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.
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.
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.
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 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.
U.S. stock indices posted broad gains on Wednesday, with the Dow Jones leading the advance as traders priced in a more favorable political backdrop following midterm elections.
Japan's Nikkei Stock Average opened flat in early trade, with advances in financial and airline equities offsetting losses in technology and pharmaceutical names.
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.
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.
U.S. equities ended Tuesday's session in mixed territory, with the S&P 500 and Nasdaq 100 posting gains while the Dow slipped, as strength in chipmakers provided key support for tech-biased benchmarks.
West Texas Intermediate crude oil has clawed back toward the $95.50 mark, with traders pointing to renewed optimism around diplomatic engagement with Iran as a key driver behind the price action.
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.
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.
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.
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.
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.
Binance is investigating a potential security incident after several billion dollars in digital assets moved out of its wallets. Tether and Circle have frozen well over a billion dollars in stablecoins, while on-chain trackers place the total outflow between $3.3 billion and $5.8 billion.
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 8 Nov, 00:02 UTC