Major US stock indexes posted gains in a session where recovering chipmakers offset broader risk concerns, while a sharp drop in crude oil added a fresh variable for energy-sensitive sectors.
Cotton contracts lost 40 to 52 points across the board on Monday, dragged lower by a sharp drop in crude oil and a retreat from large managed-money speculators who trimmed over 10,000 positions.
The FBI has confirmed North Korea's involvement in the $6 billion Binance hack and is calling on the DeFi community to block hundreds of BTC, ETH, and SOL addresses linked to the stolen funds, while Chainalysis warns the address network is already in the thousands and still expanding.
The FBI has officially linked the record-breaking $6 billion theft from Binance to North Korean state hackers operating under a group called TraderTraitor. Stolen assets are already flowing through DeFi and swap services, creating new risks for retail traders and institutional counterparties alike.
Chancellor John Healey's first budget introduced higher income tax rates on savings interest while scrapping a planned ISA allowance cut. Here is a plain-English breakdown of the new rules and practical steps to keep more of your money.
Rather than locking funds with an insurance company through an annuity, investors can build a predictable income stream by laddering Treasury inflation-protected bonds. The latest rate—whether it lands at 5.5% or 5.4%—does not alter the underlying strategy.
Rising anxiety around the AI sector is weighing on tech equities, with the Nasdaq 100 shedding roughly 10% from its October 6 peak, while OpenAI is said to be scaling back its capital-raising ambitions.
JPMorgan Asset Management expects the Chinese yuan to appreciate by roughly 10% in the coming period, citing Beijing's persistent and methodical campaign to expand the currency's role in global trade and finance.
Gold prices steadied in the vicinity of the $4,000-per-ounce mark, pointing to a second consecutive monthly decline as energy-driven inflation strengthened the case for a Federal Reserve rate increase before the end of the year.
Elevated interest rates and a surge in AI-driven capital inflows are giving the US dollar enough momentum to potentially absorb the political gridlock that could follow the upcoming midterm elections.
Warsaw-listed broker XTB reported Q3 net profit of PLN 213.7 million, quadrupling year-on-year and beating analyst estimates, driven by surging revenue per lot and a 70.8% commodity CFD share of trading results.