Markets

© Reuters. The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, November 21, 2023. REUTERS/Staff/File Photo By Ankika Biswas and Bansari Mayur Kamdar (Reuters) -Europe’s benchmark share index edged up on Friday to close higher for a second straight week, while investors assessed…

By Herbert Lash NEW YORK (Reuters) -The dollar climbed to its highest level in more than a year against the Japanese yen on Monday, near the key psychological level of 152, before falling sharply in a flurry of trading in $3.45 billion of options that come due this week. The…

  Source: Adobe/amixstudio Standard Chartered, a British multinational bank, will initiate exchange services for China’s central bank digital currency (CBDC), the digital yuan, as it is set to participate in its trials. On November 27, Standard Chartered announced that it is set to participate in trials of China’s digital yuan,…

As the cannabis industry’s continued growth poses challenges and opportunities throughout the country, Congress is uniquely positioned to provide a practical solution to bolster the industry’s future success. While federal legalization of adult-use cannabis remains the long-term priority, Congressman Earl Blumenauer (D-OR) has championed various efforts providing much-needed immediate relief…

© Reuters. (Updated – November 24, 2023 12:21 PM EST) Main U.S. indexes were mixed on Friday, in thin trading with the session set to close early the day after the Thanksgiving holiday. The was higher by 0.25%, Nasdaq was lower by 0.15%, and the was flat. Here are some…

By Laura Sanicola (Reuters) -Oil fell on Friday as the release of some hostages in Gaza reduced the geopolitical risk premium, but prices notched their first week of gains in over a month ahead of next week’s OPEC+ meeting to decide on production cuts in 2024. futures settled down 84…

By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. The spotlight currently shining on Japan’s yen, and speculation around whether Tokyo will intervene to prevent further depreciation, will likely intensify on Tuesday with traders poised to push the currency…

Source: Adobe/monticellllo MicroStrategy, the enterprise business firm known for its bullish stance on  Bitcoin (BTC), has seen its stock soar to a two-year high. The technology company’s shares closed above $500 on Black Friday, a level not seen since December 2021, according to data from Yahoo! Finance. As of now, MicroStrategy boasts…

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