United States Existing Home Sales (MoM) registered at 4.09M, below expectations (4.2M) in June

The post Top 2028 NBA Draft Prospect Nikola Kusturica Signs With UCLA appeared on BitcoinEthereumNews.com. ISTANBUL, TURKEY – JULY 05: Nikola Kusturica #25 of Serbia shoots over Beckham Black #12 of United States during the FIBA U17 Basketball World Cup Final game between United States and Serbia at BDC Main Venue on July 05, 2026 in Istanbul, Turkey. (Photo by Naeime Mastizade/FIBA via Getty Images) FIBA via Getty Images In recent years, UCLA men’s basketball coach Mick Cronin has been vocal and critical about changes to the sport such as Name, Image and Likeness and the transfer portal. Still, Cronin has adapted and looked everywhere for players, including overseas. On Thursday, the Bruins signed Nikola Kusturica, a 6-foot-9 guard from Serbia and the best international prospect Cronin has landed since arriving at UCLA in 2019. Kusturica, who turned 17 on April 30, agreed to a multiyear deal with the Bruins, per ESPN’s Jeff Borzello, who reported Kusturica also considered Kentucky, Mi

The post Australian Dollar firms as US Dollar softens appeared on BitcoinEthereumNews.com. AUD/USD trades higher near the 0.6940 area on Thursday, as the Australian Dollar (AUD) benefits from a softer US Dollar (USD), even after stronger-than-expected United States (US) jobless claims data showed that the labor market remains stable. US Initial Jobless Claims fell to 215K, below expectations of 218K and the previous 217K, suggesting that layoffs remain limited. However, the Greenback failed to gain strong traction as the broader US Dollar Index (DXY) slipped for a second straight session, while markets continued to assess geopolitical risks and the Federal Reserve’s (Fed) policy outlook. China also remains a key driver for the Aussie, given Australia’s strong trade exposure. China’s Producer Price Index (CPI) report, released late Wednesday, showed a 4.1% YoY rise in June, the fastest pace in four years, while China’s Consumer Price Index (CPI) slowed to 1% YoY, highlighting stronger f

The post Kalshi Targets Gold, FX, and Energy Perpetual Futures appeared on BitcoinEthereumNews.com. perpetual futures linked to gold, foreign exchange, and energy markets. The expansion marks the company’s next step after launching U.S.-regulated crypto perpetual futures in May.  Besides broadening its product lineup, Kalshi aims to attract both retail and institutional traders while challenging established exchanges and competing more directly with Robinhood in the fast-growing derivatives market. Gold, FX, and Energy Lead Expansion Plans Chief Risk Officer Udesh Jha said investor demand continues to shape Kalshi’s roadmap. Consequently, gold ranks among the top priorities because it appeals to everyday traders. The company also plans to pursue foreign exchange and energy contracts, citing strong interest driven by geopolitical developments and seasonal market trends.  Additionally, Kalshi is exploring future offerings tied to stock indexes and individual equities. Perpetual futures h

The post Karolina Muchova And Linda Noskova Continue Czech Wimbledon Pipeline appeared on BitcoinEthereumNews.com. LONDON, ENGLAND – JULY 09: Karolina Muchova of Czechia acknowledges the crowd following victory over Coco Gauff of United States during their Ladies’ Singles semifinal match on day eleven of The Championships Wimbledon 2026 at All England Lawn Tennis and Croquet Club on July 09, 2026 in London, England. (Photo by Matthew Stockman/Getty Images) Getty Images Karolina Muchova defeated Coco Gauff 6-2, 1-6, 7-6 (10) in an epic match to reach her first Wimbledon final. In the second women’s semifinal, Linda Noskova defeated Marta Kostyuk 6-4, 6-4 to set up an all-Czech final and continue the country’s brilliance at the All England Club. It was the first trip to the semifinals for Gauff and Muchova. Muchova’s win over Gauff was her 10th straight on grass. Muchova, 29, is in her second Major final. She reached the final of the 2023 French Open, where she lost to Iga Swiatek. Nosko

The post Gold rebounds above $4,100 as falling Oil weighs on US Dollar appeared on BitcoinEthereumNews.com. Gold (XAU/USD) price advances during the North American session on Thursday, up over 1.30% as the US Dollar (USD) retreats due to falling Oil prices amid easing tensions in the Middle East. The XAU/USD pair trades at $4,132 after bouncing off weekly lows of around $4,021 hit on Wednesday. XAU/USD rises as Middle East tensions ease, pressuring Dollar The US-Iran conflict grabbed the headlines during the last two days as both parties exchanged attacks, threatening to derail negotiations that had been scheduled to begin in Pakistan on Saturday before the last escalation. Oil prices jumped, with West Texas Intermediate (WTI), the US Oil benchmark, reclaiming the $ 75.00-per-barrel barrier, but retreated on Thursday. The jump in energy prices grew speculation that the Federal Reserve (Fed) could raise borrowing costs to tame already high inflation near 4.2% as reported in May. Now eye

The post Japanese Yen rises as US jobless claims fail to support US Dollar appeared on BitcoinEthereumNews.com. USD/JPY trades lower near the 162.30 area on Thursday, retreating from recent highs as the Japanese Yen (JPY) recovers some ground. The US Dollar (USD) fails to receive support from stronger-than-expected United States (US) labor market data. US Initial Jobless Claims fell to 215K, below expectations of 218K and the previous 217K, while the four-week average eased to 218.75K from 222.5K. The data suggests that layoffs remain limited, helping the Greenback avoid deeper losses. However, Continuing Jobless Claims rose slightly to 1.814 million from 1.806 million, showing that workers are taking longer to find new jobs. In Japan, attention turns to the June Producer Price Index (PPI) set to be released early on Friday. The monthly reading is expected to rise 0.3%, slowing from 0.9% previously, while the annual figure is expected to accelerate to 6.8% from 6.3%. Stronger producer

The post US Dollar: Tariff passthrough keeps inflation pressure alive – BNY appeared on BitcoinEthereumNews.com. BNY’s Geoff Yu reports that the New York Fed’s latest Liberty Street Economics analysis warns many United States (US) firms still plan tariff-related price increases, implying persistent inflation pressures that matter for the US Dollar (USD) and Federal Reserve (Fed) policy. Nearly half of tariff-paying companies expect further hikes, with gradual pricing and fixed contracts extending adjustment and complicating disinflation. Tariffs extend U.S. inflation timeline “The New York Fed said in its July 8 Liberty Street Economics post that more tariff passthrough still lies ahead for many U.S. firms. Drawing on regional business surveys, the institution reported that nearly half of firms that pay tariffs directly are still planning further price increases, with some expecting to raise prices six months or more from now.” “It said roughly 47% of service firms and 44% of manufactu

The post Australian Dollar rises as US Dollar softens, tensions in focus appeared on BitcoinEthereumNews.com. AUD/USD trades around 0.6940 on Thursday at the time of writing, up 0.16% on the day, as the weaker US Dollar (USD) supports the pair despite persistent tensions in the Middle East. Investors continue to view the latest exchange of attacks between the United States (US) and Iran as an attempt by both sides to strengthen their negotiating positions ahead of a potential return to peace talks, limiting demand for safe-haven assets for now. The US Dollar remains under pressure on Thursday, with the US Dollar Index (DXY) down 0.11% near 100.95 at the time of press. The Greenback struggles to benefit from stronger-than-expected US economic data, as the US Department of Labor reported that Initial Jobless Claims fell to 215K in the week ending July 4, down from 217K previously, while Continuing Jobless Claims edged up slightly to 1.814M. The US Dollar also remains weighed down by the