Swiss Franc Weakens Against Most Majors

The Swiss franc declined against its most major counterparts in the New York session on Tuesday. The franc touched 0.9011 against the greenback and 1.1314 against the pound, setting 5-day lows. The franc dropped to a 6-day low of 0.9367 against the euro. The next possible support for the franc is seen around 0.92 against...

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TSX Ends Shortened Session On Firm Note

The Canadian market ended the shortened trading session on Tuesday modestly higher thanks to gains in energy and technology sectors. The volume of business remained rather thin as investors refrained from making significant moves ahead of Christmas and Boxing Day holidays. The Canadian market will resume trading on Friday (December 27). The benchmark S&P/TSX Composite...

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Japan Leading Index Data Due On Wednesday

Japan will on Wednesday see October results for its leading and coincident indexes, highlighting a light day for Asia-Pacific economic activity. The leading index is expected to slip 0.3 percent on month after climbing 2.2 percent in September. The coincident is seen higher by 2.5 percent on month after rising 1.3 percent in the previous...

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Singapore Inflation Data Due On Monday

Singapore will on Monday release November numbers for consumer prices, highlighting a light day for Asia-Pacific economic activity. In October, overall inflation was down 0.3 percent on month and up 1.4 percent on year, while core CPI rose an annual 2.1 percent. Taiwan will see November figures for industrial production and unemployment; in October, industrial...

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VeChain Recognized in Academic Journal for Revolutionizing Global Trade with Blockchain Tech

VeChain’s role in the supply chain was spotlighted in a recent academic journal.From fashion goods to pharmaceuticals, VeChain is transforming the supply chain market. VeChain (VET) continues to push boundaries in Web3 and traditional ecosystems. The platform was recently mentioned in a journal article, “Blockchain in Global Trade.” This recognition further strengthens the VeChain network...

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“Buy the Dip” – BlackRock’s Larry Fink on Market Opportunities

Fink remains optimistic despite volatility, advising investors to “buy the dip” amid geopolitical tensions.BlackRock’s strategic investments highlight confidence in long-term growth, particularly in AI and infrastructure. BlackRock CEO Larry Fink has advised investors to “buy the dip” if a significant market downturn occurs in 2025, as CNF reported. Despite economic turbulence, Fink remains optimistic about...

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Belarus President: “We Have Excess Electricity”—Time for More Crypto Mining

Belarus is leveraging excess nuclear energy to expand crypto mining and attract international miners.Favorable tax policies and growing mining investments could strengthen Belarus’s role in the global crypto ecosystem. Belarus is positioning itself as a key hub for cryptocurrency mining, leveraging its surplus electricity to attract local and international miners. In 2021, CNF reported that...

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BlackRock Warns of Bitcoin Supply Shock: Not Enough BTC Supply for US Millionaires

Bitcoin’s limited supply could trigger a supply shock as wealthy investors rush to accumulate BTC.Growing institutional demand may drive BTC prices higher, reinforcing its status as a scarce digital asset. According to a recent analysis by BlackRock, the world’s largest asset manager, a potential supply crisis looms over Bitcoin (BTC). The firm emphasized that Bitcoin’s...

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