Market News Feed

Wall Street traders post triple gains of European rivals

Europe’s biggest investment banks missed out on gains from commodities in quarter marked by oil swings

The euro’s urgent need

Europe must finally grasp the opportunity to develop the single currency as a reserve asset

Iran war withers Kenya’s roses and strands its tea

Conflict has crushed Gulf markets and pushed up air freight and shipping costs

Can Hyperliquid bulls hold $40 support as whale dumps $1.8 mln in HYPE?

Hyperliquid whale Cooker.hl sold 45,786 HYPE for $1.8 million in USDC.

45% of fire safety shutdowns run past new 2-month cap after Tai Po blaze

Nearly half of the notices filed to deactivate firefighting systems over the past two years involved works that lasted longer than the maximum two months allowed under rules introduced after Hong Kong’s deadly Wang Fuk Court fire, official data has shown. A spokesman for the Fire Services Department told the South China Morning Post that the new rules would also apply to existing notices. Department figures obtained by the SCMP showed that 5,674, or 45 per cent, of the 12,558 shutdown notices...

XRP May Outlook: 4 Catalysts, Key Dates, And Critical Price Levels To Watch

XRP ended April with momentum, posting gains of roughly 9.4% over the month. Still, the bigger question for traders is whether the next leg can come faster—and push the altcoin beyond the narrow consolidation zone that has defined much of its recent trading.  According to market expert Sam Daodu, May has unusually strong timing and catalysts stacked together that could lift XRP to price levels not seen since the start of the year, especially if a key piece of US crypto legislation progresses as expected. May Catalyst Watch Daodu points to a current consolidation range for XRP between $1.30 and $1.45, describing it as a ceiling-and-floor setup that has kept the asset trapped while the market waits for clearer catalysts.  One of the earliest catalysts landed on May 1, when Coinbase began Trading At Settlement (TAS) for XRP futures. The activation is intended to support both nano XRP and full-sized XRP futures contracts on Coinbase Derivatives.  While TAS alone may not move XRP in a dramatic way, Daodu suggests the change could matter indirectly by making it simpler for larger US funds to build meaningful XRP positions through regulated venues.  Related Reading: Hyperliquid Jumps Into The Betting Boom With New ‘Outcome Tokens’ For Real-World Events Exchange-traded fund (ETF) momentum then comes into view on May 7, when GraniteShares is scheduled to launch its 3x leveraged XRP ETFs. Leverage products can amplify both upside and downside once traders decide a direction.  In addition, May 15 is also on the calendar: that’s when Jerome Powell exits as Federal Reserve (Fed) Chair. Daodu’s view is that rate-cut expectations—which have seemed delayed all year—could finally pick up if the Fed tone changes. The legislative driver is the centerpiece of the May narrative. Daodu highlights that the delayed CLARITY Act faces a hard deadline before the Senate’s Memorial Day recess on May 21.  In his framework, a break above $1.50 depends on whether the bill clears the Senate Banking Committee. Daodu notes that if Chair Tim Scott schedules the markup during the week of May 11 and Republicans keep the committee votes together, the biggest blocker holding XRP back all year could be removed. XRP Price Scenarios For This Month  The upside scenario, in Daodu’s logic, is closely tied to institutional behavior around regulatory clarity. If the CLARITY Act is signed into law, he expects “billions” in fresh ETF inflows, based on the idea that regulatory uncertainty has kept some institutions on the sidelines.  Daodu believes that a potential supply squeeze could help the altcoin break through the $1.45–$1.50 resistance zone and rise to around $1.80. This could result in a 30% rally from current trading prices of $1.39 — a level the token has not reached since January. Related Reading: US Rep. Calls Bitcoin A ‘Geopolitical Weapon Used By Multiple Adversaries’ But Daodu also outlines what happens if the process misses the May 21 deadline. Without CLARITY in the near term, th

Libya reaps oil bonanza from Iran war price surge

Crude output has risen to highest level since 2013 as demand soars to replace lost barrels from the Gulf

A year after corporal punishment ban, Thailand needs to curb resurgence

An old Thai proverb says, “If you love your cow, tie it up; if you love your child, beat them”. It is meant to convey that a loving and responsible guardian should discipline their child and that corporal punishment is an act of care as sensible as tethering one’s cattle so that it does not wander off. For many generations, this proverb and traditional practices have normalised corporal punishment. This attitude is also displayed by teachers in schools. One year after Thailand legally banned...

Politics And The Markets 05/02/26

$2 XRP Price Roadmap: Analyzing May's 23% Historical Average Against $1.50 Resistance

XRP is up 2.1% to start May, matching April's total growth in one day. With a 13-year historical average of +23.3% in May, Bollinger Bands map the roadmap to $2.

Alphabet Q1 2026 Earnings: Stratospheric Heights In Performance And Expectations

Iran economy struggles as Strait of Hormuz traffic decreases amid instability

Iran's economic instability and leadership uncertainty could exacerbate regional tensions, impacting global oil markets and geopolitical dynamics. The post Iran economy struggles as Strait of Hormuz traffic decreases amid instability appeared first on Crypto Briefing.

Pi Network’s PI Token Rebounds Swiftly as Team Confirms Long-Awaited Update

PI has been quite volatile over the past week, but it remained above a crucial support.

The $CAR crash was so violent, that the wheels came off.

When I sold the naked call on April 10, I didn't intend to outright short this thing. My thesis was: it already went up so much, it can't possibly go up another 50% in a week, right? What a quick $316. Not when it has negative profits and negative equity. Nope. Got assigned short, and almost blew up the account. But these are diamond hands (i.e. I put more and more money into the account as the stock soared to avoid getting margin called), I knew it was going to collapse because it was a short squeeze. It collapsed exactly as I expected. Just in case it wasn't obvious, the gain (in USD) was $316 + $1, 500 + $44, 500 - $20, 000 = $26, 316. I believe I can explain this to the CRA as "capital gains" so that only 50% of the gain is taxed (yes, I know it needs to be converted into CAD, which IBKR kind of does on their T5008s). My sole source of income in 2026 are EI and severance unless I get another job (still looking). So I am all good unless the gains somehow exceed $250, 000 (extremely unlikely, because I usually sell CSPs, not naked calls, not really buy calls/puts too much either). submitted by /u/random20190826 [link] [comments]

Can’t wait for the J.P. Morgan movie from Adam McKay!

submitted by /u/MudBloodLite [link] [comments]

Iran open to talks, Trump praises US laser defense amid Hormuz tensions

Iran's openness to talks and U.S. defensive focus may ease tensions, potentially leading to diplomatic progress and economic stability in the region. The post Iran open to talks, Trump praises US laser defense amid Hormuz tensions appeared first on Crypto Briefing.

Samsung chip profit surges 48-fold amid AI demand, competition with Nvidia

Samsung's profit surge underscores the growing AI chip market competition, potentially reshaping global semiconductor dynamics amid geopolitical tensions. The post Samsung chip profit surges 48-fold amid AI demand, competition with Nvidia appeared first on Crypto Briefing.

Jim Cramer warns of economic decline amid rising US inflation

Rising inflation and geopolitical tensions may hinder economic growth, complicating monetary policy and increasing market uncertainty. The post Jim Cramer warns of economic decline amid rising US inflation appeared first on Crypto Briefing.

Coinbase deal on CLARITY Act provision may boost Bitcoin regulatory clarity

The CLARITY Act's progress could enhance institutional trust and stability in the crypto market, potentially boosting Bitcoin's long-term value. The post Coinbase deal on CLARITY Act provision may boost Bitcoin regulatory clarity appeared first on Crypto Briefing.

Energy Price Hikes Only Exacerbate Persistent Inflation Problem

Any Thoughts on my financial situation & Investing?

Hey everyone I’m 25 years old and looking for some opinions on my financial situation for the near future. Gross Income: 135K High Yield Savings (3%): 75K Checking: 27K 401K (4% match/maxed): 47K Schwab Brokerage: 20K Schwab Roth IRA: 9.5K (no contribution 2026) Car Loan (3% interest): 16K - paying $500 monthly Medical Bill: 5K - paying $200 monthly. I feel like my money is sitting around too much even with the high yield savings interest. What should be my first step next? I don’t want to lose access to a lot of my money until retirement. Thoughts? Thanks! submitted by /u/Prior_Anything_9328 [link] [comments]

EVV: This Fund's Distribution May Continue To Decline Going Forward

BlackRock clients invest $284M in Bitcoin amid geopolitical tensions

Institutional interest in Bitcoin as a hedge against geopolitical and economic uncertainties may drive its adoption and influence market dynamics. The post BlackRock clients invest $284M in Bitcoin amid geopolitical tensions appeared first on Crypto Briefing.

Japan’s Takaichi to hold talks in Vietnam on economic security, critical minerals

Japan and Vietnam are set to agree to boost their partnership in economic security in leaders’ talks on Saturday, as Japan seeks to strengthen supply chains for critical resources amid its diplomatic spat with China and the Middle East crisis. As Tokyo looks to deepen ties with Southeast Asian nations with an eye to China’s increasing economic engagement with the region, Prime Minister Sanae Takaichi will also give a speech on Japan’s updated vision for its free and open Indo-Pacific policy...