Bears need softer CPI print – OCBC

US Dollar (USD) slipped overnight after PPI missed estimates (+0.2% m/m vs. 0.4% expected), OCBC’s FX analyst Christopher Wong notes. Bearish divergence appears on RSI “Earlier report on Trump team considering a schedule of gradual tariffs increasing by about 2% to 5% a month also helped to support sentiments. Most non-USD FX rebounded while Dollar … Read more

Moonpay Acquires Solana-Focused Crypto Payment Processor Helio

Moonpay, one of the largest crypto onramps, has recently acquired Helio, a Solana-focused payment processor. With the deal, Helio will remain a separate brand, operating as a Moonpay subsidiary, with its employees becoming shareholders. Moonpay Acquires Helio in $175 Million Deal Moonpay, one of the leading crypto onramps, has announced the acquisition of Helio, a … Read more

Caterpillar Inc. (CAT) Elliott Wave analysis [Video]

CAT Elliott Wave Analysis Trading Lounge. Caterpillar Inc., (CAT) Daily Chart. Function: Counter Trend. Mode: Corrective. Structure: Complex. Position: Wave {iv} of 3. Direction: Bottom in {iv}. Details: We could have a wave {iv} in place which would suggest the trend is strong. If not we could have completed wave (a) of {iv}. CAT Elliott Wave technical … Read more

If incoming data confirms our baseline, we can expect further rate cuts

European Central Bank (ECB) Vice President Luis de Guindos said on Wednesday that “if incoming data confirms our baseline, we can expect further rate cuts.” Further comments Risks to economic growth remain tilted to the downside. The disinflation process is well on track. We are not pre-committing to a particular rate path. If incoming data … Read more

Marvel Rivals will have a new hero every season

NetEase Games will release a new playable hero every six weeks in Marvel Rivals. Also, a new season will be split into two parts every three months, with a new hero being released every half of a season. In an interview with Metro, NetEase’s creative director, Guangyun Chen, shared that every season of Marvel Rivals will have fresh … Read more