Market News Today — AI-Curated Stock & Crypto Headlines

The CME Group has halted futures trading due to a cooling failure at its data centers, causing a freeze in key benchmarks across FX, commodities, and equities.

Emerging-market currencies continued their downward trend due to broad dollar strength, fueled by the potential end of the US government shutdown, casting doubts on the sustainability of this year's rally in developing-nation assets.

Kristen Macleod from Barclays discusses the outlook for currency markets and central bank policy at the Barclays Asia Forum.

European Central Bank (ECB) member Isabel Schnabel expressed comfort with rate hike bets, while China plans to boost domestic demand, potentially influencing market sentiment and economic growth.

Thailand's central bank is tightening scrutiny on FX inflows, particularly those related to gold, to combat the baht's rapid appreciation.

South Korea's pension fund is expected to play a more significant role in maintaining currency stability as the country deals with the won's weakness.

Global equities are recovering from November losses due to rising expectations of Fed rate cuts, while regional news includes a devastating residential fire in Hong Kong and a UK budget with tax hikes.

The Bank for International Settlements (BIS) has warned that stablecoins resemble Exchange-Traded Funds (ETFs) more than traditional currencies, posing foreign exchange (FX) risks.

Low FX volatility may create an opportunity for investors to hedge U.S.

OpenFX raises $94M to enhance its stablecoin-based FX network, potentially accelerating cross-border payment adoption and impacting traditional FX markets.

The Swiss National Bank (SNB) refrained from foreign exchange interventions in the last quarter of 2025, adhering to its pledge to the US not to manipulate the Swiss franc for economic gain.

Calvin Klein's brand is experiencing a surge in popularity due to the TV series Love Story, but the company's inability to meet demand for its iconic 90s style is causing frustration among customers.