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Markets Today: Trump Tariff Dilemma, EU Trade Deal and DAX Back Above 24000
BySilas WGlobal stock markets were mostly steady or slightly higher on Tuesday as investors reacted calmly to the latest update on U.S. President Donald Trump’s tariff plans. On Monday, Trump sent letters to 14 countries, including major Asian trade partners like Japan and South Korea, announcing much higher tariffs on imports to the US. However, the…
Oil prices jumped to $75 per barrel. Israel attacked Iran’s nuclear infrastructure
BySilas WAt the end of the trading day, the Dow Jones Index (US30) rose by 0.24%. The S&P500 (US500) Index rose by 0.38%. The Nasdaq (US100) technology index closed higher by 0.24%, helped by a 13% rise in Oracle shares after strong quarterly results and an encouraging forecast for cloud technology growth driven by demand for…
Kraken Secures $500M at $15B Valuation: Is an IPO Imminent Now?
BySilas WCryptocurrency exchange Kraken has quietly closed a $500 million funding round at a $15 billion valuation, according to reports from Fortune and The Information. The funding comes as rumours circulate that the company could go public in 2026. Cementing the Goal to Become Public? The latest funding round was led by Tribe Capital, with participation…
‘We could hit a wall’: why trillions of dollars of risk is no guarantee of AI reward
BySilas WWill the race to artificial general intelligence (AGI) lead us to a land of financial plenty – or will it end in a 2008-style bust? Trillions of dollars rest on the answer. The figures are staggering: an estimated $2.9tn (£2.2tn) being spent on datacentres, the central nervous systems of AI tools; the more than $4tn…
Broadridge Financial Solutions: Tier-1 Canadian Bank Implements Distributed Ledger Repo
BySilas WLeading global fintech provider Broadridge Financial Solutions announced Monday that a Tier-1 Canadian bank has successfully implemented its Distributed Ledger Repo (DLR) platform for managing High-Quality Liquid Asset (HQLA) treasury securities. The implementation, according to the company, marks a significant step forward in the adoption of Distributed Ledger Technology (DLT) in the financial industry. “This…
Renewed Move Out of Riskier Assets on Mideast Conflict Fears – Currency Thoughts
BySilas WRenewed Move Out of Riskier Assets on Mideast Conflict Fears March 26, 2026 The Middle Eastern war may be about to become much fiercer. President Trump’s plea for Iran to accept a deal continues to be rebuffed, and the red-line demands of each side are miles apart. Meanwhile, Israel claims to have killed another top…