A day ahead of the release of the more closely watched monthly jobs report, the Labor Department released a report on Thursday showing a modest increase by first-time claims for U.S. unemployment benefits in the week ended November 30th. The report said initial jobless claims rose to 224,000, an increase of 9,000 from the previous...
Reflecting a steep drop by the value of imports, the Commerce Department released a report on Thursday showing the U.S. trade deficit narrowed by slightly more than expected in the month of October. The Commerce Department said the trade deficit shrank to $73.8 billion in October from a revised $83.8 billion in September. Economists had...
The Canadian market hit new intraday and closing highs on Thursday even as the mood remained somewhat cautious with investors looking ahead to crucial Canadian and U.S. employment data due on Friday. Energy, utilities and consumer staples stocks contributed to markets positive close. Consumer discretionary, real estate and materials stocks were a bit subdued. Financials...
The South Korea stock market has finished lower in two straight sessions, slumping almost 60 points or 2.5 percent along the way. The KOSPI now sits just above the 2,440-point plateau and it may take further damage again on Friday. The global forecast for the Asian markets is flat to lower ahead of key U.S....
South Korea posted a current account surplus of $9.78 billion in October, the Bank of Korea said in Fridays preliminary reading. Thats down from the downwardly revised $10.94 billion surplus in September (originally $11.12 billion). The goods account recorded an $8.12 billion surplus as exports increased annually by 4.0 percent to $60.08 billion and imports...
The average of household spending in Japan was down 1.3 percent on year in October, the Ministry of Internal Affairs and Communications said on Friday - coming in at 305,819 yen. That beat forecasts for an annual decline of 2.6 percent following the 1.1 percent drop in September. On a monthly basis, household spending climbed...
The SEC invited public comments on the proposed Litecoin ETF within 21 days, bringing the possibility of approval closer to reality.Following the SEC’s acknowledgment, Litecoin’s trading volume surged nearly twofold, reaching $1.19 billion, with LTC price surging 13%. Litecoin (LTC) price surged sharply on Thursday, climbing more than 13% after the U.S. Securities and Exchange...
OpenOcean now supports Sky Ecosystem on Ethereum and Base, enabling efficient trading of USDS, sUSDS, and USDC across multiple blockchain networks.Sky Ecosystem, formerly MakerDAO, is migrating MKR to SKY, aiming for a seamless transition with a 24,000 SKY per MKR wrapper conversion. OpenOcean, a prominent aggregator for digital asset trading, now officially supports Sky Ecosystem...
Czech apex bank governor Aleš Michl may lead the Bitcoin reserve strategy.With Trump’s EO on the crypto stockpile, more central banks will likely make a crucial pivot soon. The Czech Republic has caught the ongoing Bitcoin (BTC) reserve bug spreading across several nations. Czech National Bank (CNB) Governor Aleš Michl recently revealed plans to purchase...
Analysts have predicted a positive surge for Bitcoin as the asset has had impressive gains in 11 of the last 12 Lunar New Years. The Eastern trading hours are reported to have accounted for almost 50% of the Bitcoin trading volume from the 44% recorded on January 14. Analysts have tipped Bitcoin (BTC) to stage a...