Bitcoin reels below $90,000, global market jitters combine with Bybit hack

BERLIN (Reuters) – Volkswagen (ETR:)’s planned cost-cutting programme was unavoidable in order to remedy “decades of structural problems” at the German carmaker, CEO Oliver Blume said in an interview published on Sunday. “The weak market demand in Europe and significantly lower earnings from China reveal decades of structural problems at VW,” Blume told Sunday paper…

This week, our currency strategists focused on the BOC Monetary Policy Statement for potential high-quality setups. Out of the four scenario/price outlook discussions this week, one discussion arguably saw both fundie & technical arguments triggered to become a potential candidate for a trade & risk management overlay. Watchlists are price outlook & strategy discussions supported…

The CHF as well as the JPY are generally considered as safe havens in the FX space. They appreciate in times of risk-off sentiment and depreciate when the mood is positive. Trump yesterday surprised with worse than expected reciprocal tariffs that triggered a wave of risk-off flows on expectations of a global slowdown. On the…

Have you ever placed a trade, only to find the market went nowhere? Or jumped into what looked like a strong trend… just to see it reverse? Understanding whether a market is ranging or trending can make or break your trading strategy. These two conditions behave completely differently, and if you’re taking the wrong approach…

By André O. Hudson, Rochester Institute of Technology  Tensions in the Middle East often trigger concerns about rising gasoline prices. But disruptions to oil supplies could affect much more than the cost of filling up a car. That’s because crude oil is not only burned as fuel. It is also the raw material for thousands…