Market News

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Source: CNBC International TV News Agency
2 weeks ago
General Medium Importance

East-West pipeline could still take six to eight weeks to recover to full capacity: Expert

Corey Ranslem, CEO of Dryad Global, discusses what a potential re-start of Saudi Arabia's East-West pipeline means for the industry. Ranslem reveals that despite the anticipated pipeline restart, vessel traffic through the Bab el-Mandeb remains severely depressed, down from a normal 70–90 daily transits to an average of just 30.

Source: CNBC International TV
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Source: Reuters News Agency
2 weeks ago
General Medium Importance
L&G to cut about 10% of workforce by mid-2027, Bloomberg News reports

L&G to cut about 10% of workforce by mid-2027, Bloomberg News reports

Legal & General plans ​to reduce ‌its headcount by roughly ​10%, or ​about 1,000 jobs, ⁠by ​the middle of ​2027, Bloomberg News reported on ​Wednesday, ​as CEO António Simões ‌presses ⁠ahead with a drive to ​streamline ​the ⁠British insurer.

Source: Reuters
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Source: Seeking Alpha News Agency
2 weeks ago
General Medium Importance

Circle: Everything Is Falling Into Place

Circle remains a compelling long-term opportunity, despite a halved share price and recent crypto market weakness. CRCL secured a federal trust bank charter, cementing regulatory leadership and making USDC the preferred settlement asset for institutions. USDC circulation and onchain transaction volume are growing robustly, even in a bearish market, with management reiterating a 40% multi-year CAGR target.

Source: Seeking Alpha
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Source: InvestingCube News Agency
2 weeks ago
Forex Medium Importance AI Analyzed

AUD/USD Forecast: Australian Dollar Slides Below 0.7100 as Weak PMI Meets Hawkish Fed

Summary:AUD/USD fell below 0.7100 on Wednesday, reaching a one-week low as weaker Australian business activity and a stronger US Dollar weighed on the pair. Australia's September Composite PMI dropped to 50.8 from 52.7, while manufacturing contracted for the first time since March.

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AUDUSD AUD/USD
Source: InvestingCube
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Source: CryptoTicker News Agency
2 weeks ago
Cryptocurrency Medium Importance

Bitcoin Cash jumps 29 percent in a day: we recalculated 49 jumps like it

Bitcoin Cash gained around 29 percent on September 22 and Uniswap 17 percent, both driven by the CME futures listing. We assessed all 49 jump days among the largest coins across two years: after 30 days the median case stood at minus 6.7 percent.

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BTCUSD Bitcoin USD
Source: CryptoTicker
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