12h ago
Dollar Heads for Biggest Weekly Drop in 12 Weeks After Soft U.S. Jobs Data; Yen and Euro Gain
A softer U.S. nonfarm jobs report cooled market expectations for a Federal Reserve rate increase in September, with the implied probability falling from 55% to 35%. The dollar index is set for its steepest weekly decline in 12 weeks. The yen rebounded sharply and the euro rose to a near two-week high, while sterling also strengthened. Japan’s finance ministry warned it could intervene in currency markets, keeping traders focused on exchange-rate volatility risks.
12h ago
12h ago
India could cut petrol and diesel prices if Brent stays near $70.37 a barrel for 2–3 months, minister says
India’s Petroleum and Natural Gas Minister Hardeep Singh Puri said petrol and diesel prices could be reduced if Brent crude stays at current low levels for the next two to three months. Brent has fallen to around $70.37 a barrel, a four-year low, amid easing geopolitical tensions and the resumption of key shipping flows. Puri said state-run oil marketing companies are still working through higher-cost crude inventories bought earlier, delaying any retail price cuts.
12h ago
13h ago
Hitachi Energy, BHEL, Siemens Energy and TARIL shares slide as much as 12% after India widens tender access
India’s finance ministry has cleared four China-linked power equipment makers with factories in the country—including TBEA Energy and Nanjing Electric India—to bid for government tenders tied to critical power projects. The move breaks with earlier restrictions on Chinese bidders and has raised concerns that orders could shift away from domestic suppliers such as BHEL, Siemens Energy, Hitachi Energy and GE Vernova. In that session, BHEL fell 4%, Siemens Energy dropped 6.23%, Hitachi Energy slid 10% and GE Vernova sank 12%.
13h ago
13h ago
ENA whale wallets add about 20 million tokens as price falls roughly 4.4% on June 30, 2026
On June 30, 2026, data tracked by Nansen showed ENA whale wallets added roughly 20 million ENA in a single day. Their holdings jumped 3,166% to 20.63 million ENA, while ENA’s price fell about 4.4% over the same period. The buying followed a cluster of institutional signals in June, including Coinbase Ventures’ open-market ENA purchase tied to USDC integration work, a disclosed ENA position and regulated ETP plans from Janus Henderson’s ANTIK venture, and Ethena’s $250 million allocation to Securitize’s AAA-rated tokenized CLO fund. The pattern suggests institutions were using the pullback to build ENA exposure rather than purely trade momentum.
ENA
ENA+4.04%
13h ago