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Bitcoin price today, June 10: The world’s largest cryptocurrency, Bitcoin, briefly rose 1.38 per cent to $110,277.93 on June 10, while Ether jumped 4.8 per cent to $2,713.39, before slipping sightly on profit-booking. CoinSwitch Markets Desk noted that the hike caught traders off guard. “Over $110 million in short positions were liquidated within an hour,…
TOKYO (Reuters) -The U.S. dollar edged lower on Monday, giving back some of its gains from last week, as markets weighed the outlook for President Donald Trump’s tariff policy and its potential to constrict growth and unleash inflation. The greenback starts the week on the back foot after Trump said late on Friday that he…
Investors are on tenterhooks Wednesday for an auction of 40-year Japanese government bonds as volatility in the nation’s yields continues to rumble through global debt markets. The sale is seen as a key test for longer-maturity bonds amid concern from Tokyo to New York that rising government spending will take budget deficits into dangerous territory….
By Dharamraj Dhutia and Jaspreet Kalra MUMBAI (Reuters) -Traders will gauge likelihood of the Indian rupee extending its rally this week as reignited worries about U.S. trade tariffs, alongside lingering fiscal concerns hurt the dollar, while bond yields may move up after the central bank’s surplus transfer. The rupee closed at 85.2125 on Friday, posting…
The de-escalation of the trade war has brought some relief to the market globally. Yet when it comes to Chinese equities, investors remain reluctant to bet on big gains moving forward. The Hang Seng China Enterprises Index of mainland stocks traded in Hong Kong has rebounded almost 17% from its low in April, and the…
Markets regulator Sebi Chief Tuhin Kanta Pandey has ruled out the possibility of an aptitude test for retail traders wanting to participates in the Futures & Options (F&O) segment, saying it is impractical and prone to regulatory overreach. The Securities and Exchange Board of India (Sebi) had earlier introduced measures in November last year in…
Short-term Treasuries rose and traders boosted their expectations for Federal Reserve interest-rate cuts later this year after the US economy contracted for the first time since 2022. The gain in two-year notes on Wednesday pushed yields lower by about four basis points after data showed a decrease in US gross domestic product, more moderate consumer…
Oil edged higher in a day of listless trading as investors parsed conflicting messaging on the progress of trade talks between the US and China. West Texas Intermediate futures rose to settle near $63 a barrel, but still notched their third weekly loss in the past four. Chinese authorities are weighing removing additional levies on…
(Bloomberg) — A three-day rebound in US Treasuries will be tested on Wednesday as investors await commentary from Federal Reserve Chair Jerome Powell and a bond auction. The US 10-year yield was steady at 4.33% after erasing an earlier decline, as traders grapple with the aftermath of the worst rout in more than two decades….