Discount retailer Dollar Tree received analyst upgrades from Raymond James and Goldman Sachs, who pointed to a stronger earnings outlook, though concerns about store traffic persist.
Significant currency option contracts valued in the billions are scheduled to expire on Wednesday for major pairs like EUR/USD, USD/JPY, and GBP/USD. This event may influence price action around key strike levels.
The Japanese yen weakened to levels near a four-decade low against the U.S. dollar, as currency traders test the resolve of Japanese authorities to intervene. The currency's decline continues amid speculation over potential official action to support its value.
Saudi Arabian stocks ended Wednesday's trading session nearly flat, with the Tadawul All Share index posting a minimal gain of 0.01%. Gains in the Petrochemicals, Cement, and Telecoms & IT sectors helped lift the index, though declining stocks outnumbered advancers.
Crypto platform Utorg has received full authorization under the EU's Markets in Crypto-Assets (MiCA) regulation. The license comes as the July 1 deadline forces many unauthorized crypto service providers to exit or restrict operations in the European market.
Bitcoin's price rose nearly 4% on Wednesday, reclaiming a key psychological level one day after concluding a quarter with a 14% loss. The recovery comes amid persistent headwinds from expectations of higher interest rates and significant outflows from cryptocurrency investment funds.
Bitcoin's price increased on Thursday, briefly topping $62,000, after a U.S. labor report indicated slower job growth than anticipated. The data has eased investor concerns about potential interest rate hikes from the Federal Reserve.
Bitcoin traded above $62,000 over the weekend, supported by renewed optimism for a comprehensive U.S. cryptocurrency bill. The market is also weighing ongoing institutional adoption against persistent security concerns in the digital asset sector.
Strategy disclosed a significant $8.32 billion loss on its digital assets for the second quarter of 2026 in a recent regulatory filing. The company also sold a portion of its bitcoin holdings to fund preferred stock distributions and replenish its cash reserves.
