Market news
Crypto, stocks, forex and macro, aggregated for traders.
IBM Links Two Cryogenic Modules in Quantum Computing Push
IBM has connected two supercooled modules into a single quantum system, a step it says will help link more quantum chips and increase qubit counts.
China Yuan Support Eyed as July Data Show Growth Slowdown
Commerzbank analysts say weaker July industrial production and retail sales in China highlight fading momentum, putting policy support in focus for the yuan.
Euro hits June highs as falling Treasury yields pressure US dollar
EUR/USD climbed sharply on Wednesday to its highest level since June as the US dollar came under selling pressure following the US Treasury's buyback announcement.
Rabobank flags shallow AUD/USD uptrend risk into next year
Rabobank strategist Jane Foley notes AUD/USD is under pressure, with the Australian dollar the weakest G10 currency on a one-day view, while the bank still expects one more RBA rate hike.
Gold Spot Tests 0.618 Resistance Arc on 2-Hour Chart
XAU/USD is pressing against the 0.618 resistance arc on the 2-hour chart, with Arc Cycle Analysis pointing to a possible breakout toward the next resistance.
AUD/JPY Turns Lower After Five-Wave Advance, Breaks Channel Support
AUD/JPY has reversed lower after a five-wave advance, breaking channel support this week and opening the door to a deeper ABC correction.
US Indices Open Higher; Dow Up 232 Points
Wall Street began the session in positive territory, with the Dow Jones up 232.06 points and the S&P 500 gaining 0.39%.
Bank Indonesia Holds Rate at 5.75% to Prioritize Rupiah Stability
UOB economist Enrico Tanuwidjaja notes Bank Indonesia kept its benchmark rate at 5.75% in August, with a stability-focused stance on the rupiah and macro-financial conditions.
US Treasury Doubles Long-Term Debt Buybacks to at Least $4 Billion
The US Treasury will expand its long-term government debt repurchases from $2 billion to at least $4 billion after a sharp rise in Treasury yields.
US Treasury to double some long-dated debt buybacks
The U.S. Treasury announced Wednesday it will double the size of certain buyback operations designed to support liquidity in longer-dated Treasury securities.
BitBox Fixes Two Critical Bitcoin Wallet Firmware Vulnerabilities
BitBox has patched two serious firmware vulnerabilities in its Bitcoin wallets, including a phishing-related flaw that could have enabled malicious firmware installation and a pre-setup arbitrary code execution issue.
Fed Minutes Show Three Members Wanted a Rate Hike
The latest Federal Reserve minutes reveal three policymakers were concerned about inflation and favored a rate increase, but were outvoted.
China Data Mixed as Policy Support and Structural Shifts Continue, HSBC Says
HSBC strategists say China's July activity was mixed, with softer retail sales and fixed asset investment while industrial output and exports were supported by AI-related and green technology.
AI Cut US Payrolls by 16,000 Jobs a Month, Goldman Says
Goldman Sachs Research estimates AI lowered US payroll growth by about 16,000 jobs per month over the past year and added roughly 0.1 percentage point to the unemployment rate.
Clarity Act Signing Odds Plunge to 20% for 2026
Market-implied odds of the Clarity Act being signed into law in 2026 have dropped to 20% from more than 80% just months ago.
BNY: Euro supported by resilient domestic demand
BNY’s Geoff Yu says resilient domestic demand is supporting the euro, while noting ECB President Christine Lagarde’s warning on Europe’s eroding post-war growth model.
Monex Lets Clients Access Brokerage Accounts Through AI Using MCP
Monex Group has integrated its Japanese brokerage subsidiary Monex Securities with ChatGPT and Claude, allowing customers to access account information through natural-language conversations with AI. The move comes as brokers and trading platforms expand their use of AI connections. IG Australia recently linked trading accounts to ChatGPT through an MCP server, while Interactive Brokers has enable
Canada-EU diversification push faces EU protectionist hurdles, NBC says
National Bank of Canada's Angelo Katsoras warns that Canada's plan to diversify exports away from the US toward the EU is running into more protectionist EU industrial policy.
Yen Firms as Dollar Retreats Ahead of FOMC Minutes
USD/JPY slipped to around 159.10 on Wednesday as the US dollar lost momentum and pulled back toward this week's June lows.
Employers Use Personal Data to Estimate Workers’ Salary Floors
Companies are turning to personal and behavioral data to estimate the lowest salary a candidate would accept, raising concerns about privacy and unequal pay.
Bank Indonesia Holds Rates, Societe Generale Sees Rupiah Support
Bank Indonesia left its benchmark rate at 5.75% and kept deposit and lending facility rates unchanged, a move Societe Generale analysts say reinforces rupiah stability and supports the currency.
Gold Bounces to $4,370 but Upside Momentum Fades
XAU/USD recovered toward $4,370 on Wednesday after finding support near $4,300, though the rebound is showing signs of losing steam.
WTI Needs Decisive Break Above $85 for Fresh Advance
NYMEX WTI futures traded about 0.55% higher near $84.80 during European hours, with $85 still seen as the key hurdle for a stronger move.
TJX Beats Q2 Estimates and Raises Full-Year EPS Outlook
TJX posted better-than-expected Q2 comparable sales and revenue, lifted its full-year EPS guidance, and announced IEEPA tariff refunds.