December 9, 2025 2:57 pm
Key Moments China’s steel shipments rose 6.7% in the first 11 months of 2025 to 107.72 million tonnes, as mills pushed exports while domestic construction demand remained weak. In contrast, refined aluminium exports fell 9.2% to 5.59 million tonnes over the same period, amid stronger local manufacturing and energy demand. Beijing’s informal production ceilings — […]
Read moreDecember 9, 2025 1:43 pm
Key Moments Standard Chartered now projects Bitcoin at $150,000 by end-2026, a sharp cut from its earlier $300,000 target. The bank no longer expects additional demand from Bitcoin treasury companies and now shifts its focus entirely to ETF inflows. The long-term price target has been delayed to 2030, when the bank now expects Bitcoin to […]
Read moreDecember 9, 2025 10:44 am
Key Moments Bank of America reports that speculative positioning is slightly short the U.S. dollar as 2025 approaches its end. EUR/USD demand dominated 2025 positioning flows, with the euro moving from a very short starting point to a long stance that has since been scaled back. The bank signals near-term caution on AUD and JPY, […]
Read moreDecember 9, 2025 8:35 am
Key Moments Bitcoin traded 1.5% lower at $90,011.6 by 01:16 ET (06:16 GMT), consolidating in a $90,000-$92,000 range. Fed funds futures implied about an 87% probability of a 25-basis-point rate cut at the Federal Reserve’s Dec. 9-10 meeting. Strategy (NASDAQ:MSTR) disclosed the purchase of 10,624 BTC between Dec. 1 and Dec. 7 at an average […]
Read moreDecember 9, 2025 7:39 am
Key Moments Canton (CC) cooled by 2% on Tuesday after an 18% breakout on Monday that lifted it out of a falling channel pattern. Zcash (ZEC) reclaimed the $400 level with an 18% jump on Monday but is encountering resistance at the 50-day EMA near $412. Luna Classic (LUNC) extended its rebound above the 200-day […]
Read moreDecember 8, 2025 3:10 pm
Key Moments Paramount launched a hostile $30-per-share all-cash tender offer directly to Warner Bros. Discovery shareholders, including the Global Networks business. Netflix previously agreed to acquire Warner Bros. Discovery for $27.75 per share in a cash-and-stock deal, valuing the company at an enterprise value of $82.7 billion including debt. President Donald Trump said the Netflix-Warner […]
Read moreDecember 8, 2025 2:51 pm
Key Moments IBM agreed to acquire Confluent in an all-cash deal worth $11 billion, or $31 per share. This price represents a premium of about 34% to Confluent’s Friday close. The companies expect the transaction to close by mid-2026, and it remains subject to the usual completion conditions. IBM continues to expand its AI and […]
Read moreDecember 8, 2025 1:32 pm
Key Moments Ascent Solar Technologies, Inc. (NASDAQ:ASTI) entered into a definitive agreement for a $2 million private placement, and investors may generate up to approximately $3.5 million more through warrant exercises. The transaction is priced at-the-market under Nasdaq rules and includes common stock or pre-funded warrants, plus series A and series B warrants with an […]
Read moreDecember 8, 2025 10:43 am
Key Moments KuCoin is strengthening its footprint in Australia through investments in infrastructure, compliance, and brand partnerships. The exchange has launched a Sydney office, secured AUSTRAC Digital Currency Exchange registration, and is enhancing AUD on-ramp access. KuCoin served as Official Partner and exclusive crypto exchange partner of the 2025 BMW Australian PGA Championship, highlighted by […]
Read moreDecember 8, 2025 10:00 am
Key Moments Markets recently priced in about an 80% chance of a rate hike at the Bank of Japan’s December 18-19 meeting. This is up from roughly 60% in late November. BofA Securities analysts projected USD/JPY could climb above 160 early in 2026 before ending the year at 155, with EUR/JPY seen at 190 in […]
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