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Market Analysis

XRP Bulls Defend Key Level as Analyst Envisions Another 100% Rally

The price rally initiated by the cross-border token in mid-August was halted at $1.70, and the subsequent correction drove it south hard to under $1.35. However, the asset managed to rebound swiftly and now sits above a…

2 min read

Gold Faces Fresh Pressure as Payroll Surge Boosts September Hike Odds

XRP, a major crypto token, traded near $1.38 with a market cap of about $86.4 billion and 24‑hour volume of $1.78 billion but was down roughly 6.8% over seven days as the U.S. 10‑year Treasury yield climbed toward 4.8% …

3 min read

South Korea Plans Stablecoin-Based Tokenization by 2027

South Korea’s Financial Services Commission unveiled a phased roadmap on September 4 for converting stocks, bonds and investment funds into blockchain-based tokens, with the earliest phase due to start in February 2027 …

2 min read

Tesla's stock drops 6% as Cybercab update 'underwhelms' Wall Street

Tesla shares slid 6% on Friday after the electric vehicle maker's long-awaited Cybercab update failed to impress investors who are betting the company can become a major player in the U.S. robotaxi market currently domi…

1 min read

Sterling’s rally stalls as US jobs data reopens Fed debate

The Pound Sterling retreats some 0.09% against the US Dollar as the latest US inflation report reaffirmed what Fed Chair Warsh said that the labour market is “consistent with full employment.” GBP/USD trades near Friday…

3 min read

Indian Rupee: Dollar inflows support INR but impulse may fade – OCBC

OCBC’s Christopher Wong notes that strong foreign-currency inflows linked to the RBI’s special measures have bolstered the Indian Rupee (INR) and strengthened the central bank’s FX buffer. However, with the FCNR(B) wind…

2 min read

Eurozone: Inflation above target into 2027 – Nordea

Nordea expects Eurozone inflation dynamics to stay persistent, with headline inflation projected above the ECB’s target at least until spring 2027. They see recent data as slightly weaker than the ECB’s June projections…

1 min read

Turkey: CBRT likely to hold before two Q4 rate cuts - ING

ING’s Muhammet Mercan notes the Central Bank of the Republic of Türkiye (CBRT) has normalised liquidity via weekly repo auctions, bringing effective funding costs down to the 37% policy rate. ING expects the CBRT to hol…

1 min read