March 6, 2025 12:06 pm
Key moments Ringgit gains, hits one-week high against US Dollar Sentiment boosted by China stimulus announcement, US tariff reprieve on autos Central Bank of Malaysia keeps policy rate on hold for 11th straight meeting Malaysia’s Ringgit tracked gains in other Asian currencies on Thursday, while holding near a fresh one-week high against the US Dollar, […]
Read moreMarch 6, 2025 10:14 am
Key moments Ondo Finance (ONDO) has seen a 13.9% price surge in 24 hours, reversing previous monthly declines and indicating a strong shift in market sentiment. Ondo Finance’s Total Value Locked (TVL) hit an all-time high of $1 billion, reflecting growing investor confidence and substantial capital inflows. Increased whale netflow and a drop in exchange […]
Read moreMarch 6, 2025 9:37 am
Key moments Germany’s proposed 500 billion euro infrastructure fund and the relaxation of borrowing limits triggered a significant rise in European bond yields, fueling a surge in the euro against the US dollar. The prospect of substantial fiscal stimulus has led analysts to abandon predictions of the euro falling to parity with the dollar. Some […]
Read moreMarch 6, 2025 9:09 am
Key moments EUR/SEK trades just above lows last seen on December 15th 2022 Sweden CPI inflation accelerates more than expected – preliminary data ECB expected to cut key policy rates, focus on rate guidance The EUR/SEK currency pair hovered just above a fresh 27-month low of 10.9270 on Thursday, as the Trump administration’s decision to […]
Read moreMarch 6, 2025 8:32 am
Key moments The U.S. dollar index (DXY) experienced a significant decline, falling below the 105 mark. The ADP National Employment Change report significantly missed expectations, and new U.S. tariffs have raised concerns about retaliatory measures and potential economic growth impediments. Traders are closely monitoring the upcoming European Central Bank (ECB) rate decision and the U.S. […]
Read moreMarch 6, 2025 8:15 am
Key moments Bitcoin’s price now stands above $91,000, up from Wednesday’s $90,000+. House Bill 302 received overwhelming support from New Hampshire’s House Commerce and Consumer Affairs Committee. If House Bill 302 comes into effect, up to 5% of public funds will be invested in digital assets with a $500 billion average market cap. New Hampshire […]
Read moreMarch 6, 2025 7:23 am
Key moments EUR/CHF trades near highs last seen on July 24th 2024 ECB expected to deliver another 25 basis point cut to benchmark rates Swiss jobless rate down to 2.9% in February The EUR/CHF currency pair was holding near a fresh 32-week high of 0.9635 on Thursday, as investors braced for the outcome of the […]
Read moreMarch 5, 2025 4:17 pm
Key moments The 10-year Treasury yield rose by 2 basis points to 4.236%, reflecting investor concerns over economic policies and trade tensions. The 2-year Treasury yield dipped slightly by 2 basis points to 3.937%, reversing an earlier increase. Private payrolls data revealed a significant shortfall, with only 77,000 jobs added in February, well below the […]
Read moreMarch 5, 2025 3:00 pm
Key moments AAVE experienced a 26% price increase in 24 hours, driven by a newly proposed “Aavenomics Implementation: Part One”. The proposal aims to revamp Aave’s economic model, including revenue redistribution, AAVE tokenomics adjustments, and secondary liquidity management. The proposal includes plans for new features like Anti-GHO and Umbrella, along with a $1 million weekly […]
Read moreMarch 5, 2025 2:44 pm
Key moments The yield on the 10-year Bund increased by 0.25 percentage points, reaching 2.73%, marking the largest single-day surge since 1997. A new agreement exempts defense spending over 1% of GDP and creates a €500 billion infrastructure fund. Germany’s DAX index rose by 3.3%, recovering from previous losses influenced by U.S. tariffs. 10-Year Bond […]
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