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AUD/USD Technical Outlook: Sellers Circle 0.7100 Support as Momentum Indicators Turn Bearish
bitcoinworld28d ago

AUD/USD Technical Outlook: Sellers Circle 0.7100 Support as Momentum Indicators Turn Bearish

BitcoinWorld AUD/USD Technical Outlook: Sellers Circle 0.7100 Support as Momentum Indicators Turn Bearish The Australian dollar is facing renewed selling pressure against the US dollar, with technical indicators signaling that the 0.7100 support level is increasingly within reach for bearish traders. Momentum oscillators have weakened over recent sessions, suggesting that the pair may test this psychologically important threshold in the near term. Technical Indicators Point to Weakening Momentum [...] This post AUD/USD Technical Outlook: Sellers Circle 0.7100 Support as Momentum Indicators Turn Bearish first appeared on BitcoinWorld .

#FOREX
Forex Today: US Jobs Report, PCE, and GDP in Focus Amid Geopolitical Limbo
bitcoinworld28d ago

Forex Today: US Jobs Report, PCE, and GDP in Focus Amid Geopolitical Limbo

BitcoinWorld Forex Today: US Jobs Report, PCE, and GDP in Focus Amid Geopolitical Limbo The forex market is bracing for a data-heavy week in the United States, with the release of the nonfarm payrolls report, the Personal Consumption Expenditures (PCE) price index, and the final reading of fourth-quarter GDP. These indicators come at a time when geopolitical tensions remain elevated but lack a clear catalyst for escalation, leaving currency [...] This post Forex Today: US Jobs Report, PCE, and GDP in Focus Amid Geopolitical Limbo first appeared on BitcoinWorld .

#FOREX
Prediction Markets Build Wall Street-Style Infrastructure to Attract Hedge Funds
financemagnates28d ago

Prediction Markets Build Wall Street-Style Infrastructure to Attract Hedge Funds

Event trading is following the same path as crypto derivatives, evolving from a retail niche into a serious business for hedge funds. Major market makers and prime brokers are already building the infrastructure for a larger institutional push into the sector. Prediction markets are developing the same institutional infrastructure that helped crypto derivatives expand beyond retail trading into a Wall Street trading business. Part of that shift is coming from growing institutional activity, particularly among macro hedge funds looking for more targeted ways to trade specific events and risks. Kalshi said its institutional trading volume grew 800% over the past six months, while annualized platform volume more than tripled to $178 billion. "We're seeing much more institutional interest in hedging the next few months," said Andy Ross, Kalshi's head of institutional business, told Reuters . "We're in the foothills of this, but we're climbing pretty fast." The Infrastructure Race Prime brokers and trading venues are starting to integrate prediction markets into existing institutional trading workflows. Clear Street has partnered with Kalshi to give hedge funds direct access to event contracts. Marex Group is building the technical infrastructure to link professional investors to both Kalshi and Polymarket. Tradeweb Markets took a minority stake in Kalshi to embed prediction markets into its institutional client workflows. Marex Solutions has already gone a step further , structuring a capped $10 million note for a Swiss client tied to a prediction market outcome on Nvidia's market capitalisation. That's a useful proof of concept for how brokers can package binary risk into familiar instruments. Liquidity Constraints and Who's Moving In Top markets on platforms like Polymarket usually have around $30 million in liquidity, meaning a multi-million dollar trade can move prices sharply. Hedge funds generally want at least $10 million in daily notional volume before routing consistent flow through a venue. Large pricing gaps are attracting professional trading firms. Susquehanna International Group, Jump Trading, and AQR Capital Management are building dedicated prediction market desks for arbitrage and market-making strategies. Citadel Securities has indicated it is seriously considering entering as an institutional liquidity provider, describing the asset class as having "sound industrial logic." Retail volume establishes the market, infrastructure gaps attract quants, quants attract prime brokers, and the cycle compresses spreads. Prediction markets appear to be somewhere in the middle of that sequence. This article was written by Tanya Chepkova at www.financemagnates.com.

#CRYPTO
globenewswire_fr28d ago

Deadline Alert: Stellantis N.V. (STLA) Shareholders Who Lost Money Urged To Contact Glancy Prongay Wolke & Rotter LLP About Securities Fraud Lawsuit

LOS ANGELES, May 27, 2026 (GLOBE NEWSWIRE) -- Glancy Prongay Wolke & Rotter LLP reminds investors of the upcoming June 8, 2026 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who purchased or otherwise acquired Stellantis N.V. (“Stellantis” or the “Company”) (NYSE: STLA ) common stock between February 26, 2025 and February 5, 2026 , inclusive (the “Class Period”).

#STOCKS
PSE chief still hopeful on GCash’s mega IPO
philstar28d ago

PSE chief still hopeful on GCash’s mega IPO

Philippine Stock Exchange Inc. (PSE) president and chief executive officer Ramon Monzon is still hopeful that a mega initial public offering of Globe Fintech Innovations Inc, the parent company of e-wallet giant GCash, would push through this year despite heightened uncertainties and economic risks stemming from the war in the Middle East.

#STOCKS
Deadline Alert: United Homes Group, Inc. (UHG) Shareholders Who Lost Money Urged To Contact Glancy Prongay Wolke & Rotter LLP About Securities Fraud Lawsuit
benzinga28d ago

Deadline Alert: United Homes Group, Inc. (UHG) Shareholders Who Lost Money Urged To Contact Glancy Prongay Wolke & Rotter LLP About Securities Fraud Lawsuit

LOS ANGELES, May 27, 2026 (GLOBE NEWSWIRE) -- Glancy Prongay Wolke & Rotter LLP reminds investors of the upcoming June 9, 2026 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who purchased or otherwise acquired United Homes Group, Inc. ("United Homes" or the "Company") (NASDAQ: UHG ) securities between May 19, 2025 and February 22, 2026 , inclusive (the "Class Period"). IF YOU SUFFERED A LOSS ON YOUR UNITED HOMES INVESTMENTS, CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING CLAIMS TO RECOVER YOUR LOSS UNDER THE FEDERAL SECURITIES LAWS. What Happened? On May 19, 2025, the Company announced its Board of Directors had "appointed a special committee comprised solely of independent directors and initiated a review of strategic alternatives in order to explore ways to maximize shareholder value " including "a sale of the Company, a sale of assets, and a refinancing of existing indebtedness, among others." Then, on October 20, 2025, before the market opened, the Company announced the outcome of the special committee review. The special committee, in conjunction with its legal and financial advisors, " unanimously determined " that " continuing to execute on the Company's strategic plan as an independent, public company is in the best interests of the Company and its stockholders at this time." However, the Company also disclosed that the entire Board of Directors, except for the Company's founder, Michael Nieri, was prepared to resign unless "the Company's existing management team was fully empowered to execute on the Company's strategic plan" and " Mr. Nieri stepped down from his position as Executive Chairman of the Company and agreed to forego any remaining cash compensation to which he would be entitled under his existing employment agreement, in furtherance of Company cost-saving initiatives." The Company reported that ... Full story available on Benzinga.com

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