Bank of America posts third-quarter profit drop due to $1.2 billion Treasury fine
Bank of America posted a sharp decline to third-quarter profit after being hit with a $1.2 billion penalty by the U.S. Treasury Department.
Market Analysis
Even more borrowers choose riskier mortgages, as higher interest rates crush affordability
Mortgage rates moved to the highest level in nearly three years last week, causing overall demand to drop. Riskier mortgages, however, continue to gain a growing share of what demand there is.
Tech giants race to get AI gadgets on shelves for holiday rush
With the holidays just months away, tech companies are betting this is finally the year that AI starts showing up under the Christmas tree.
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Bitway (BTW) Rockets 250% in a Month: Perfect Time to Short?
The viral altcoin BTW is the best-performing cryptocurrency today (October 14), up nearly 40% in a single day and 250% over the last month. It currently trades around $2.50 and has a market capitalization of almost $4 b…
Gold slides nearly 1.5% as US Dollar and Treasury yields rally after CPI
Gold (XAU/USD) extends its intraday decline on Wednesday after stronger-than-expected US inflation data lift the US Dollar (USD) and US Treasury yields. At the time of writing, XAU/USD trades around $4,095, down 1.57% o…
Fed's Bowman signals cautious, data-dependent pause after latest rate hike
Federal Reserve (Fed) Vice Chair for Supervision Michelle Bowman said the central bank needs time to assess how financial markets and the US economy evolve following the latest interest rate hike before considering furt…
Bitcoin Whales Resume Buying After Months of Selling: CryptoQuant
Large Bitcoin (BTC) holders have resumed accumulation after months of selling, according to an analysis published by CryptoQuant. The shift comes as the cryptocurrency recovered from lows near $62,000 to highs around $8…
ETH Becomes the Crowd Favorite as BTC Slides and XRP Struggles
Ethereum is getting most of the attention from crypto traders, while Bitcoin and XRP are facing growing fear. According to Santiment, the world’s largest altcoin by market cap has 2.05 bullish comments for every bearish…
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Bitcoin Dominance on the Rise as Altcoins Retreat Ahead of CPI: Market Watch
Although bitcoin’s price has remained relatively sluggish on a 24-hour scale, without any significant moves in either direction, its dominance over the alts has risen to 60% on CMC.
Optimism (OP) Price Jumps Nearly 20% as Unichain Moves to OP Enterprise
OP, the native token of Optimism, climbed nearly 20% at one point in the last 24 hours after Uniswap announced that Unichain will hand its production operations to OP Enterprise.
ASML raises 2026 sales outlook on soaring AI demand, plans capacity expansion
(Oct 14): ASML Holding NV boosted its 2026 sales forecast and said soaring artificial intelligence spending meant that it will not be able to fully meet demand for its chip-making machines in the next two years.
Bybit Expands Beyond Crypto as CEO Outlines Next Phase of Financial Platform
Bybit Co-founder and CEO Ben Zhou has outlined the latest stage of the company’s expansion from a crypto exchange into The New Financial Platform, highlighting new products and collaborations across traditional and digi…
Meet A7 International, an Innovative Global Platform Designed to Reinvent the International Payments Market
A7 International enables businesses and individuals to pay invoices with digital assets, while recipients receive a regular bank transfer, reflecting A7’s international positioning and expanding the geography of settlem…
'Godzilla El Niño' is wreaking havoc with Philippine central bank's inflation forecasts
BANGKOK — The Philippine central bank is planning for a "Godzilla" El Niño on top of a prolonged oil shock, as the Southeast Asian nation tries to rein in inflation from three-year highs.
Asia FX subdued ahead of U.S. CPI; China data, Singapore GDP in focus
AI demand and the memory supercycle should sustain tech exports, but the outlook for non-tech demand is mixed. We see a North-South monetary policy divide across Asia.
Gold draws support from retreating USD; holds above $4,150 as traders await US CPI report
Gold (XAU/USD) ticks higher during the Asian session on Wednesday, holding above $4,150 as traders now look forward to the latest US inflation figures before placing fresh directional bets. The US Consumer Price Index (…
Sberbank Moves Closer to Crypto Trading Launch After Bank of Russia Approval
Sberbank joined the Bank of Russia’s register of crypto exchange organizations on Monday, bringing the list to ten firms.
Oil rises amid growing Mideast tensions between Iran-backed Houthis and Saudi Arabia
Oil rises Wednesday, amid worries over supply disruptions as tensions continue to escalate in the Middle East with fighting between Iran-backed Houthis and Saudi Arabia.
EUR/USD Price Forecast: Gains ground near 1.1150, US CPI awaited
The Euro (EUR) extends its Tuesday’s strong recovery move to near 1.1210 against the US Dollar (USD) during the Asian trade on Wednesday. The major currency pair attracts bids due to the correction in the US Dollar amid…
United States Dollar Index weakens to near 102.00 ahead of US CPI release
The US Dollar Index (DXY), an index of the value of the US Dollar (USD) measured against a basket of six world currencies, currently trades near 102.15 in the Asian trading hours on Wednesday. The DXY declines following…
Australian Dollar gains against Japanese Yen as China CPI inflation rises in September
AUD/JPY extends its gains for the second consecutive day, trading around 110.70 during Asian hours on Wednesday. The currency cross holds gains as the Australian Dollar (AUD) remains stronger following the release of Co…
Singapore third-quarter GDP growth softens from four-year high but beats estimates
Singapore's economic expansion decelerated in the third quarter of 2026, with GDP growth dropping to 5.4% after hitting a four-year high in the last quarter.
Oil prices rise as Houthi-Saudi attacks spur supply uncertainty
Global financial markets gained ground early Monday, October 12, 2026, as falling oil prices supported equities across Europe, Asia and the United States. Investors responded to US President Donald Trump's announcement …
Gold declines to near $4,150 ahead of US CPI inflation data
Gold price (XAU/USD) drifts lower to near $4,155 during the early Asian session on Wednesday. The precious metal extends the decline as rising oil prices fuel inflation concerns and prompt major central banks to tighten…