Forex
ECB policy rate path comes into focus ahead of Thursday meeting amid market expectations that the central bank may pause further moves
Finance Review Daily is tracking this developing story; further verified details were not immediately available.
CoreWeave prices $3.7B convertible notes offering due 2033
Finance Review Daily is tracking this developing story; finance review daily will provide updates as verified details become available.
Asian FX Steady as Dollar Nudges Higher Before U.S.-China Summit
The dollar edged up ~0.1% in Asian trading ahead of President Xi Jinping's visit to Washington, while the yuan and yen saw modest gains and the Australian dollar slipped.
Asian FX flat as dollar edges higher ahead of US‑China summit
Asian currencies were largely unchanged Wednesday as the dollar rose about 0.1%, while traders awaited a US‑China summit and the Reserve Bank of Australia’s policy meeting.
US dollar holds near a two-month high amid rate hike prospects and Middle East diplomacy
The US dollar stays near a two‑month high as markets assess rate‑hike expectations and Middle East diplomatic activity.
ECB Pushes for Wider Stablecoin Yield Ban, Liquidity Rules in EU
Central banks propose expanding restrictions on stablecoin yields to crypto lending and staking, and overhaul reserve requirements under MiCA.
DB Investing Launches AI-First Platform dbinvesting.ai in Dubai
The firm integrates AI across trading, education, and portfolio management, aiming to transform its role as a broker into a full fintech ecosystem.
Textron Aviation Celebrates 500th Citation Latitude Delivery
The midsize business jet, now the world’s best-selling in its class, marks a manufacturing milestone at Textron Aviation’s Wichita facility.
US markets open higher; On surges on buyback; SMI turns negative
Dow, S&P 500 and Nasdaq all rise at the open. On jumps over 10 pct on a $1 bln share buyback and new guidance. Alibaba climbs 3.3 pct on AI-chip launch.
FDA Fast-Track Approval for Quoin’s Peeling Skin Therapy
Quoin Pharmaceuticals Ltd. received fast-track designation from the FDA for QRX003, an investigational lotion targeting Peeling Skin Syndrome and Netherton Syndrome.
Investing.com Unveils WarrenAI 2.0 With Live Research Panel
The platform launches an upgraded AI research tool alongside performance data from its ProPicks strategies, which have outperformed benchmarks by 21% to 112%.
Iran signals Hormuz Strait reopening if US lifts sanctions
Diplomatic efforts intensify ahead of UN General Debate amid geopolitical tensions over regional trade routes and oil supply chains.
Incyte to Share Inflammation Data at Vienna Dermatology Congress
Incyte Corp. will present clinical findings on ruxolitinib cream and povorcitinib at the EADV Congress in Vienna, focusing on dermatological conditions like atopic dermatitis and hidradenitis suppurativa.
Swiss franc rallies as USD/CHF drops below 0.8200, SNB warns of FX intervention
The Swiss franc strengthened against the dollar, with the pair slipping below 0.8200, while the SNB signaled readiness to intervene amid heightened Middle East risk.
Reap to launch Mexican peso stablecoin and explore other local‑currency tokens for 24/7 FX settlement
Fintech Reap, backed by Payward and partnered with Visa, plans a peso‑linked stablecoin and is evaluating Hong Kong dollar, euro, won and yen tokens to enable round‑the‑clock cross‑border foreign‑exchange.
FDA Relaxes Hold on Filana’s Simufilam TSC Trial
Phase 2a study targets refractory epilepsy in tuberous sclerosis complex, with 40 patients to enroll by Q1 2027
China Approves Adagene's IND for ADG138 Cancer Drug
Adagene cleared to launch Phase 1 trials of its ADG138 bispecific in China, with dosing planned for late 2026 in advanced solid tumors.
Euro falls to $1.145 as oil rises and German political turmoil weighs
The euro slipped to $1.145, its lowest since late July, amid higher Brent crude prices and mounting political risk after the CDU’s defeats in German state elections.
ECB and EU central banks oppose stablecoin bank deposit reserve requirements
Finance Review Daily is tracking this developing story; finance review daily will provide updates as verified details become available.
Kazia Secures $2M Milestone as Paxalisib Epilepsy Trial Begins
Kazia Therapeutics advances its paxalisib program with a $2M milestone payment as a Phase 1b/2a trial targets intractable epilepsy linked to rare mTORopathies.
China Slams US Tech Chiefs' Warnings on AI Development
Beijing accuses Washington-based AI leaders of spreading threat narratives that undermine global governance and target Chinese tech.
Pound slips as oil-fueled dollar rally undermines gilt appeal
Sterling slid below $1.35 on broad dollar strength driven by rising Brent crude after a Saudi pipeline shutdown, while markets bet on a hawkish Federal Reserve stance.
Pound slips below $1.35 as oil-driven dollar rally weighs
Sterling fell to 1.3482 against the dollar Monday as Brent crude surged over 3% following a Saudi pipeline shutdown, lifting the greenback and dragging euro down as well.
UK Lords Approve Mandatory Digital Asset Strategy Amid Labour Opposition
Parliament’s upper house backs Treasury’s 12-month plan to regulate cryptoassets, stablecoins and tokenized securities, despite Labour’s pushback on a statutory framework.
