JDFN Financial Network


               

 

Forex Daily

The Euro sells off hard as the French-German bond gap widens

France unveiled a 2027 budget on Thursday aimed at reassuring the investors who lend it money, and EUR/USD is heading for its biggest one-day loss since June 17. Those investors already charge France 130 basis points more than Germany to borrow for ten years, the widest gap since 2012.

The British Pound slides again as UK government bonds sell off

Britain's 30-year gilt yield went above 6% on Thursday for the first time since 1998, and GBP/USD fell to its lowest since late June. Bank of England (BoE) external member Mann said in a speech the same day that UK financial conditions aren't tight enough.

Nike misses revenue consensus, shares down 4% to new 12-year low

Well, folks, the brand known to "just do it" just did it again. That's right. Nike (NKE) shat the bed in fiscal Q1 2027.

Gold defies US Dollar surge as US yield slide revives Bullion demand

Gold price drifted higher, posting modest gains of over 0.40% on Thursday as US Treasury yields dove after Wednesday's inflation data, triggering a trimming of hawkish Fed bets for the October meeting. The XAU/USD trades at $4,175, up 0.4%.

Market News

Citi and Coinbase automate stablecoin-to-fiat conversion for US institutions

Stylised illustration of payment flows moving between two banking systems

Citigroup and Coinbase have announced automated stablecoin-to-fiat conversion for US institutional clients, letting Citi business clients accept stablecoins without holding crypto.

The post Citi and Coinbase automate stablecoin-to-fiat conversion for US institutions appeared first on Forex Crunch.

Bitcoin holds near $83,000 as Zcash tumbles 12%; traders eye PCE and payrolls

Abstract financial-terminal illustration of a yield line curving toward a decision clock over candlestick fragments

Bitcoin held above $83,000 on 29 September while Zcash fell 12% and the 10-year Treasury yield stayed at its highest since 2007, with PCE inflation data and the jobs report next.

The post Bitcoin holds near $83,000 as Zcash tumbles 12%; traders eye PCE and payrolls appeared first on Forex Crunch.

CFTC updates crypto FAQs, allowing tokenised customer funds and blockchain recordkeeping

Stylised illustration of blockchain ledger blocks and a regulatory gavel in navy blue with amber highlights

The CFTC's staff divisions say customer funds may be invested in tokenised assets with equivalent rights, and staff will not object to onchain recordkeeping.

The post CFTC updates crypto FAQs, allowing tokenised customer funds and blockchain recordkeeping appeared first on Forex Crunch.

Bitget restarts Bitcoin withdrawals four days after $388M hack

Illustration of a sequence of vault doors opening in stages, with one still closed, in a navy and blue terminal palette

Bitget restarts Bitcoin withdrawals in phases after a $388M exploit; XRP stays frozen as stolen tokens move, with the remaining services due by 2 October.

The post Bitget restarts Bitcoin withdrawals four days after $388M hack appeared first on Forex Crunch.

Binance buys $100 million Circle stake in five-year USDC promotion deal

Abstract illustration of an equity stake and five-year partnership linking a stablecoin issuer and a crypto exchange, in the site's financial-terminal style

Binance bought $100 million of Circle stock at a discount alongside a five-year deal to promote USDC, per an SEC filing.

The post Binance buys $100 million Circle stake in five-year USDC promotion deal appeared first on Forex Crunch.

 
 
 

About

James Dicks created this Ning Network.

© 2026   Created by James Dicks.   Powered by

Badges  |  Report an Issue  |  Terms of Service