FOMC Meeting: The Last Before the Cut – Orbex Forex Trading Blog

Yesterday, after the main trading session on the Nasdaq, Microsoft released its second-quarter report:→ Earnings per share: actual = $2.95, forecast = $2.93;→ Gross revenue: actual = $64.72 billion, forecast = $64.38 billion. Despite key figures exceeding analyst expectations, MSFT’s share price plummeted, falling below the psychological threshold of $400 in after-hours trading. Investor disappointment…

Wall Street experiences choppy trading as investors await Fed Chair Powell’s speech. Nasdaq 100 and S&P 500 react to mixed earnings reports, with Disney surging and Cisco declining. US PPI data shows a slight uptick, raising concerns about potential inflationary pressures. Most Read: Bitcoin’s (BTC/USD) Bull Run: On-Chain Data Signals New Demand, $100k in Sight?…

Gold surged to fresh record highs while the U.S. dollar tanked across the board following a weak CPI print and lingering trade tension with China. European stocks rallied hard on Trump’s tariff pause, but U.S. equities gave back some gains as yield spikes and inflation fears rattled sentiment. Here are major headlines and asset moves…

SINGAPORE (Reuters) – Australia, Britain, Malaysia, New Zealand and Singapore have agreed to stage more complex military drills in the region this year involving drones, fifth-generation fighter planes and surveillance aircraft. The announcement on Friday by defence ministers from members of the 53-year old Five Power Defence Arrangement (FPDA) on the sidelines of the Shangri-La…

(Reuters) -A group of hackers claiming responsibility for a cyberattack on CDK’s software systems has demanded millions of dollars in ransom to put an end to the hack, which affected auto dealers across the United States, Bloomberg News reported on Friday. The group behind the attack is believed to be based in eastern Europe, according…

Banque de France and Euroclear announced Friday that they have launched a joint initiative, Project Pythagore, to tokenise Negotiable European Commercial Paper (NEU CP).  In a press release, Euroclear said the move marked a significant step toward modernising France’s €310 billion short-term debt market through Distributed Ledger Technology (DLT). The project aims to enhance transparency,…