Bitcoin at $62,828 and Ethereum at $1,828 set the stage for weekend technical focus on support, resistance and the 200-day MA narrative with position manag
The FTSE 100 Index has remained in a narrow range this week as traders reacted to the rising tensions between the US and Iran. It also wavered as the United States earnings season started, with big names like JPMorgan, Goldman Sachs, and Netflix releasing their earnings.
Panmure Liberum has upgraded Dunelm Group PLC (LSE:DNLM) to 'hold' from 'sell' and nudged its target price up to 820p from 810p, saying the homewares retailer's fourth quarter brought relief that trading did not deteriorate further. The broker described the outcome as respectable given challenging conditions and adverse weather, though it remains cautious about calling the turn after weaker news flow through the second and third quarters.
Morgan Stanley's E*TRADE platform has successfully launched spot cryptocurrency trading capabilities for qualified retail customers. The brokerage now enables users to purchase, sell, and store Bitcoin, Ethereum, and Solana through its interface.
Euro flattens against US Dollar while entering the weekend
BP and ConocoPhillips are set to announce billions of dollars of new investments in Iraq on Friday. The announcements are expected during the U.S.-Iraq Business Summit in Washington.
Wise Group PLC (LSE:WISE, NASDAQ:WSE) has kicked off its 2027 financial year with another strong quarter, as more customers turned to the fintech group for fast, low-cost international payments. The company reported first-quarter net revenue of US$714 million, up 25% from a year ago, driven by continued growth in cross-border payment volumes and customer numbers.
Binance Coin is currently positioned at approximately $577, developing a promising technical formation that analysts believe could drive the price toward $647. Market participants are closely monitoring a critical resistance barrier while recent token burn data strengthens the bullish narrative.
DTCC isn't replacing or rejecting the XRP Ledger. Ripple's growing role and XRP's DTCC classification reflect blockchain's gradual integration into traditional finance.
F.N.B. Corporation remains a buy, supported by disciplined growth, strong credit quality, and a robust capital position. Q2 results were solid: EPS of $0.42, revenue up 6% to $463M, and 17% earnings growth, with prudent loan and deposit growth. FNB's conservative underwriting, low CRE and private credit exposure, and high reserves position it well against credit risks.
Tesla stock (NASDAQ: TSLA) extended its decline heading into Friday as investors questioned whether SpaceX could realistically finance a takeover of Elon Musk's electric-vehicle company. Tesla fell 0.9% to $391.06 on Thursday, while SpaceX slid 3.1% to $131.11, below its $135 IPO price.
Euro: Bullish bias but capped by resistance against US Dollar – UOB
Cardano (ADA) is currently hovering between $0.161 and $0.163 as of July 16–17, reflecting a modest decline of approximately 1.39% amid bearish positioning by short sellers in anticipation of an upcoming network enhancement.
The mega trade aims to profit from a potential surge in ether price turbulence.
Summary:USD/CNH remains range-bound as the People's Bank of China (PBoC) continues to support the yuan with stronger daily fixings. Safe-haven demand for the US dollar is offsetting pressure from softer US inflation and expectations of a less aggressive Federal Reserve.
According to RWA.xyz tracking data, Solana has absorbed over $900 million in net capital directed toward real-world assets throughout the previous month. This performance positions the network at the forefront among major blockchain platforms during this timeframe.
US spot Bitcoin ETFs attracted $79.2 million on Thursday, lifting their three-day inflow total to about $368 million as Bitcoin attempted a price recovery.
PIMCO Dynamic Income Opportunities Fund offers an 11.7% yield and trades at a modest 2.3% premium to NAV. PDO provides reliable monthly income, benefiting income-focused investors, especially during periods of equity market volatility and rate stability. Distribution coverage has improved significantly in 2026, with fiscal year-to-date coverage now above 91%, supporting the fund's payout sustainability.
Intel Corp. is scheduled to report second quarter earnings on July 23, with Visible Alpha consensus pointing to revenue of $14.4 billion, up 12% from a year earlier. Revenue from the Data Center and AI segment is forecast to climb 42% YoY to $5.6 billion, reflecting continued investment by hyperscale cloud providers and enterprises in AI infrastructure and custom processors. INTC recently outlined a €5 billion ($5.7 billion) investment to upgrade its Irish manufacturing campus, part of its broader strategy to expand advanced semiconductor production in Europe and capitalize on rising demand for AI and high-performance computing.
Solana has captured over $900 million in net real-world asset (RWA) capital during the most recent 30-day window, based on statistics from RWA.xyz. This performance positions SOL at the forefront among major blockchain platforms throughout this timeframe.
The scenario of a bitcoin freed from its cycles thanks to the arrival of institutional investors is wavering. While the market was settling into almost unanimous confidence, NYDIG cools the ardor with an analysis that recalls an old rule: every phase of euphoria eventually calls for a correction.
Strong U.S. retail sales and resilient jobless claims reinforce the Fed's cautious stance. Explore the latest outlook for DXY, EUR/USD and GBP/USD.
The works council of German carmaker Volkswagen said on Friday it will host extraordinary staff assemblies in August with CEO Oliver Blume, giving workers the opportunity to grill him on management plans to radically overhaul the company.
Trading activity shows XRP hovering around $1.11 following a greater than 5% bounce from its recent bottom near $1.05. This upward momentum has coincided with intensified purchasing from large-scale investors and declining token availability on major exchanges.
Visa, Stripe and Google have joined the x402 Foundation as premier members, adding three of the biggest names in payments and search to an effort to build an open standard for machines that pay each other. The foundation, affiliated with the Linux Foundation, is developing x402, a protocol that lets AI agents transact with each other and with people directly over the web, without subscriptions or a human typing in card details.
Advanced Drainage Systems NYSE: WMS held its annual meeting of stockholders virtually, with shareholders approving all three proposals presented by the company, according to meeting remarks from President and CEO D. Scott Barbour and Secretary Scott Cottrill.
The artificial intelligence boom is being held back by what the industry cannot build rather than what customers will not buy, according to Rene Haas, chief executive of Arm Holdings PLC (NASDAQ:ARM), the chip designer. Haas told CNBC that demand for chips, data centres, energy and skilled workers is running ahead of available capacity, creating a bottleneck he expects to persist for the next two to three years.
British Pound: Pullback pauses within near-term range against US Dollar – UOB
Abacus Global Management, Inc. (ABX) Analyst/Investor Day Transcript
AUD/USD Price Forecast: More upside likely amid stabilization above 20-day EMA