Trading

Image for Bitcoin storms above $100,000 as Trump 2.0 fuels crypto euphoria

Trading

Bitcoin Storms Above $100,000 as Trump 2.0 Fuels Crypto Euphoria

Image for Bitcoin tops $100,000, stocks party at record highs

Trading

Bitcoin Tops $100,000, Stocks Party at Record Highs

Image for Euro ticks up despite French government collapse; bitcoin breaks $100,000

Trading

Euro Ticks up Despite French Government Collapse; Bitcoin Breaks $100,000

Image for Sterling ticks higher in third day of gains

Trading

Sterling Ticks Higher in Third Day of Gains

Image for European stocks edge higher as investors weigh impact of French govt collapse

European Stocks Edge Higher as Investors Weigh Impact of French Govt Collapse

Date: December 5, 2024

(Reuters) – European stocks hovered near one-month highs on Thursday with French equities rising after lawmakers in the country voted to topple Prime Minister Michel Barnier’s government, a move widely anticipated by market participants. The pan-European STOXX 600 rose 0.1% by 0810 GMT, extending gains for a sixth consecutive session. France’s CAC 40 also edged...

Image for Oil slightly firmer ahead of OPEC+ supply decision

Oil Slightly Firmer Ahead of Opec+ Supply Decision

Date: December 5, 2024

By Yuka Obayashi and Jeslyn Lerh SINGAPORE (Reuters) -Oil prices were mostly stable on Thursday ahead of an OPEC+ meeting later in the day, with investors waiting to see what the producer group would do next on supply cuts while also monitoring geopolitical tension in the Middle East. Brent crude futures rose 6 cents, or...

Image for Euro wobbles as political turmoil dents sentiment; bitcoin scales $100,000

Euro Wobbles as Political Turmoil Dents Sentiment; Bitcoin Scales $100,000

Date: December 5, 2024

By Ankur Banerjee SINGAPORE (Reuters) -The euro was subdued on Thursday after the widely expected collapse of the French government, stoking worries about the region’s second-biggest economic power, while bitcoin galloped past $100,000 for the first time. The world’s best known cryptocurrency has been on a tear since November on expectations that Donald Trump’s U.S....

Image for Stocks gain, dollar steady; Wall Street shrugs off global political turmoil

Stocks Gain, Dollar Steady; Wall Street Shrugs Off Global Political Turmoil

Date: December 5, 2024

By Lawrence Delevingne (Reuters) -A U.S. tech stock rally and expectations of lower interest rates boosted global shares while the euro and dollar were steady on Wednesday despite political turmoil in South Korea and France. Wall Street’s major stock indexes rallied to record closing highs, led higher by tech stocks and comments by Federal Reserve...

Image for Oil prices edge up ahead of imminent OPEC+ decision; geopolitical turmoil in focus

Oil Prices Edge up Ahead of Imminent Opec+ Decision; Geopolitical Turmoil in Focus

Date: December 4, 2024

By Arunima Kumar (Reuters) – Oil prices rose slightly on Wednesday, with traders expecting OPEC+ to announce an extension to supply cuts this week while heightened geopolitical tensions continue to dominate market sentiment. Brent crude futures rose 38 cents, or 0.5%, to $74.00 a barrel by 1428 GMT, while U.S. West Texas Intermediate crude futures...

Image for Euro steady ahead of French no-confidence vote, South Korean won rebounds

Euro Steady Ahead of French No-Confidence Vote, South Korean Won Rebounds

Date: December 4, 2024

By Kevin Buckland and Alun John TOKYO/LONDON (Reuters) -The euro marked time on Wednesday as a French no-confidence vote inched closer, while the Australian dollar tumbled to a four-month low on slowing economic growth and the won rebounded after South Korea’s president backed down after declaring martial law. The European common currency was holding steady...