France's Flash October PMI drop below 50 Ahead of Moody's Decision Later Today north The foreign exchange market looks eerily calm. After the safe haven flows yesterday supported the Swiss franc and yen, today they have diverged. The yen’s minor gain puts its atop the G10, while the Swiss franc’s 0.25% loss puts its at the bottom. The pressure in the European bond market has [...]
Risk Appetites Wane: AI Jitters Returns, European Debt Stress Continues, Oil Firms north Market sentiment is fragile. After earnings helped boost sentiment yesterday, a different set of earnings weakened it today. The broad retreat has seen some signs of risk-off in the foreign exchange market with the yen and Swiss franc leading the major currencies. At the same time, pressures [...]
Glamsterdam on Hoodi Postponed north The Glamsterdam upgrade on Hoodi, previously scheduled for October 26, 2026 at 17:42:48 UTC (epoch 132,352), has been postponed. A new activation date has not been set. This update supersedes the schedule and activation instructions in the Hoodi testnet announcement....
5 alternatives to Ledger to store your Bitcoin north Hardware wallets aren’t the only way to protect your crypto, but from ETFs and passkeys to multisig accounts, each alternative has its own risks and trade-offs.
Euro Pressure Persists north Fears over the AI-meme, which took the semiconductor index down more than 10% last week, has stabilized with the help of favorable earnings by Super Micro Computer and SpaceX. South Korea’s Kospi dropped 14.5% last week amid the anxiety. It rallied 3.3% today and is now higher on the week. On [...]
AI Anxiety Returns, Peripheral Premiums Widen in Europe, and Oil Extends Gains north The US dollar is mostly softer as AI worries resurface. A dismal showing of an IPO for an AI infrastructure company in South Korea seemed to renew last week’s concerns. The Canadian dollar is leading the charge today after the secessionist referendum in Alberta lost handily. The UK reported [...]