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The Bank of Japan is set to hold interest rates steady in July while maintaining a commitment to future hikes, sources indicate. It may also raise its FY2026 growth forecast and stay vigilant on inflation risks, balancing caution with a long-term tightening bias.
Read MoreIsrael has reportedly expressed willingness to join potential U.S. military action against Iran, pending a decision from President Trump. Israeli assessments suggest the conflict could extend for days, with air forces, air defense, and intelligence units on high alert and coordinating closely with U.S. counterparts.
Read MoreKingsoft Cloud's stock rose nearly 4% premarket on July 10 to $10.88. Morgan Stanley initiated coverage with an "Overweight" rating and a $15 price target, citing the company's successful pivot from mid-tier cloud services to AI cloud solutions, rapid AI revenue growth, improving profitability, and strong backing from Xiaomi and Kingsoft Group's ecosystem.
Read MoreOn July 10th, Goldman Sachs raised PayPal's price target from $41 to $48 while maintaining a 'Sell' rating. This move highlights a nuanced view: acknowledging near-term improvements or valuation shifts, yet retaining caution over longer-term structural challenges within the digital payments landscape.
Read MoreOn-chain data reveals whale address qianbaidu.eth holds over $4.16M worth of HYPE with an unrealized profit exceeding $4.78M. The entity recently deposited $2.34M USDC and placed limit orders to acquire 34,489 HYPE at $68.10, demonstrating strong conviction.
Read MoreThe CodexField project on BNB Chain has gone dark, with its official website and X account suddenly inaccessible. This follows on-chain investigator warnings of potential fund misappropriation risks, tracing over $85 million in linked funds. The team's disappearance has raised serious investor concerns.
Read MoreGold is caught between safe-haven demand and interest rate pressures. While long-term support comes from geopolitics, central bank diversification, and portfolio protection, a sustained rally hinges on softer US labor data, lower real yields, or heightened geopolitical risk premiums.
Read MoreThree Japanese firms—Metaplanet, JPYC, and Progmat—have launched a joint research initiative to develop digital credit products using Bitcoin, stablecoins, and security tokens. This move signals Japan's strategic push to integrate traditional finance with digital assets, potentially transforming future credit markets.
Read MoreING analysts note that escalating US-Iran tensions have unexpectedly revived market expectations for a September ECB rate hike, tightening short-term euro swap spreads. However, geopolitical risk offers limited direct support for the euro, with its path higher against the dollar remaining narrow and risks of a pullback below 1.14 persist pending clearer developments.
Read MoreOn July 10, FTSE China A50 Index Futures, tracking China's core A-shares, fell sharply by over 2%, drawing significant market attention. This move reflects complex sentiment regarding macro data, policy expectations, and the external environment, warranting close monitoring of subsequent trends.
Read MoreMark Zuckerberg posted on X for the first time in 3 years to promote Meta's new AI model Muse Spark 1.1. The move surprised users and drew a quick "Jinx" comment from X owner Elon Musk, sparking widespread discussion about their interaction.
Read MoreOn July 10, China's A-share semiconductor sector experienced a broad sell-off, with the STAR 50 Index plummeting over 5% and the ChiNext Index falling more than 4%. Major chip stocks saw significant declines, reflecting heightened market concerns.
Read MoreOn-chain data reveals that investment firm Abraxas Capital deposited approximately $140 million worth of crypto assets into the Spark Protocol within 24 hours. The move, involving ETH, cbBTC, and stablecoins, signals significant institutional activity and potential strategic positioning within the DeFi landscape.
Read MoreBinance Futures will list USDT-margined perpetual contracts for GEV, VRT, SNOW, and APP on July 10, with staggered launch times. All contracts support up to 25x leverage, expanding derivatives access to major US equities.
Read MoreOn July 10, major Asian stock markets posted strong gains. Japan's Nikkei 225 index closed up 1.20% at 68,557.73, while South Korea's KOSPI index surged 2.52% to finish at 7,475.94, reflecting positive market sentiment.
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