Reserve status of the US currency is threatened – Rabobank
US Presidential candidate Trump yesterday declared that ‘tariff’ was the most beautiful word in the dictionary. He made the threat...
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Asian currencies eclipse Developed Markets – DBS
Fed cut expectations drove the US Dollar (USD) weaker across the board in overnight markets. Asian currencies performed best, led...
Raiffeisen’s Russian Division Suspends Foreign Currency Transfers
The Russian division of Austria’s Raiffeisen Bank will suspend foreign currency transfers for nearly all of its clients in the...
CrowdStrike, Microsoft, Netflix, Intuitive Surgical, Amex, Plug Power, and More Market Movers
Microsoft was falling 2% and CrowdStrike declined 17% as a global IT outage caused airlines to ground planes and financial...
Wells Fargo (WFC) earnings; CPI, PPI inflation data key in week ahead
Wall Street finished higher for the holiday-shortened trading week, with tech stocks leading the way. The Dow Jones Industrial Average...
BNY Mellon Rebrands as BNY
Say goodbye to BNY Mellon and hello to BNY. The bank — America’s oldest — is updating its logo and taking BNY as...
Nvidia, Tesla, Super Micro, Verizon, Informatica, Coinbase, Cardinal Health, and More Movers
Nvidia was rising 1.6%. Shares of the artificial-intelligence chip maker declined 10% on Friday, the stock’s worst single-day percentage decline...
Netflix, Super Micro, Paramount, American Express, Tesla, and More Stock Movers
Netflix reported better-than-expected earnings and smashed subscriber growth estimates in the first quarter but the streaming giant issued second-quarter revenue...
Londongrad forever? Why the UK may never seize Russian assets – POLITICO
LONDON ― In politics, reality rarely matches rhetoric. And the reality is Britain will probably never seize Russia’s money. Plenty...
Euro plunges, eyes parity with dollar after Lagarde’s go-it-alone pledge – POLITICO
If by U.S. election time in November the ECB has cut rates three times, and the Fed hasn't at all,...
