The Indian Rupee loses momentum, snapping the two-day winning streak in Monday’s early European session. The Indian August HSBC Manufacturing PMI came in at 57.5 vs. 57.9 prior, weaker than expected. USD demand weighs on the INR, while foreign equity inflows and lower crude oil prices could underpin the local currency. The Indian Rupee
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Dollar edges to two-week high vs euro as US payroll data looms
By Kevin Buckland TOKYO (Reuters) – The dollar climbed to a two-week top against the euro on Monday as traders pared bets for aggressive policy easing by the Federal Reserve with the focus now moving to a crucial U.S. jobs report at the end of this week. The dollar advanced to its strongest since Aug.
Japan Q2 corporate capex up 7.4%, points to solid domestic demand
By Makiko Yamazaki TOKYO (Reuters) – Japanese corporate spending on plant and equipment rose 7.4% year-on-year in the second quarter, Ministry of Finance data showed on Monday, keeping alive expectations of a domestic-led recovery in economic growth. The solid expenditure data, which will be used to calculate revised gross domestic product (GDP) figures due on
August 2024 Crypto Security Report: Over $300 Million Lost to Exploits, Hacks, and Scams
The month of August 2024 has seen many misfortunes with regard to the crypto space, which saw a rise in crypto loss of approximately $300.6 million to hackers, fraudsters, and other sorts of swindlers. Certik Alerts has reported this as the second-highest monthly loss for the year 2024 after a month which was laden with
Crypto Trader Strikes Gold, Turns $10 Into $150,000 in 3 Minutes With These Unexpected Altcoins
An extraordinary trading triumph has captured attention as a savvy investor transformed a modest $10 investment into a jaw-dropping $150,000 in just three minutes. This rapid success involved a surprising choice of altcoins. Discover which hidden gems fueled this swift ascent and explore potential coins poised for future growth in the ever-evolving crypto market. BLASTUP