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The European Central Bank kept interest rates on hold at 2.5% as news that President Christine Lagarde will step down from her role early added to concern over energy costs and France's fiscal situation. Bloomberg's Oliver Crook reports from Frankfurt. (Source: Bloomberg)
We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.
France’s bond market is in turmoil, energy prices are surging, and the ECB president’s departure kicks off a consequential leadership shake-up.
Microsoft topped earnings expectations for the three-month period ended Sept. 30. Analysts say the stock still has more room to run amid an AI boom.
ING’s Warren Patterson notes European natural gas prices have rallied, with TTF breaking above EUR100/MWh for the first time since 2022 as supply concerns intensify ahead of the 2026/27 winter.
Brazil’s crypto exchanges face an application deadline on Friday, with costly requirements and unanswered regulatory questions complicating compliance.
USDT is coming home to Bitcoin, offering privacy and Lightning-fast payments. But can Bitcoin’s revamped version of Tether compete with stablecoins on ETH and TRON?
