Franklin Templeton’s Solana ETF filing highlights blockchain growth
Franklin Templeton has filed for a Solana ETF on Cboe BZX Exchange as institutional interest in alternative cryptocurrencies continues to rise in the evolving digital...
Tag : financial markets
Investors drive gold to new peaks on fears of trade policy impact
Gold soars past $2,950, reaching record highs as investors seek safety amid trade tensions, falling yields, and central bank demand, pushing markets toward defensive strategies....
UK inflation rises to 3% in January, surpassing expectations
UK inflation surged to 3% in January, surpassing forecasts, with rising transport and food costs fueling the increase, according to the Office for National Statistics....
HSBC job cuts in Hong Kong part of $2.5B savings plan
HSBC will announce $1.5 billion in cost savings and 40 job cuts in Hong Kong as it restructures, with further layoffs expected as part of...
Defense sector sees supercycle as European military budgets grow
European markets surged as defense and banking stocks drove the STOXX 600 to a record high, fueled by military spending growth and easing trade tensions....
U.S. Treasury yields drop despite stronger-than-expected inflation data
Treasury yields declined despite inflation data exceeding forecasts. Investors focused on upcoming Fed signals as markets awaited the PCE index to gauge inflation trends and...
Germany’s Commerzbank announces 3,900 job cuts as part of new plan
Commerzbank will cut 3,900 jobs by 2028 while targeting a €2.4B profit in 2025, as part of a restructuring plan amid speculation over UniCredit’s increasing...
Dow, S&P 500, Nasdaq drop after inflation data surprises markets
U.S. stocks tumbled Wednesday after inflation data exceeded forecasts, raising fears of delayed rate cuts. The CPI report fueled uncertainty, sending the Dow, S&P 500,...
Portugal’s Golden Visa welcomes crypto investors through new fund
Portugal’s KvarnPortugal Fund merges Bitcoin investment with residency, offering investors a way to secure a Golden Visa through a minimum €500,000 commitment over five years....
Nobel economist says Bitcoin will go bust, questions its utility
Nobel laureate Eugene Fama warns Bitcoin may be worthless in 10 years, arguing its volatility prevents it from being a viable currency. His remarks reignite...