Prop firm news

LIVE

Live updates: promos, term changes, new challenges, payouts.

Total news
5
Firm
0
--:--
updated
Firm
Category
PropMarketCapFRESHCurrencies, commodities and indices

Google rolled out two TPU systems against Nvidia: Alphabet +3% before the Nasdaq open

Alphabet shares (GOOGL, Google's parent company) were priced at $293.52 in premarket trading on November 9 - 3.07% above Friday's close of $284.78. The reason is the announcement of two new systems on its own TPU chips, which Bloomberg called a escalation of the fight with Nvidia.

PropMarketCapMacroeconomics and central banks

China: all three business activity indices fell below 50

In October, China's economy slowed again: the manufacturing, services and composite business activity indices dropped into contraction territory. The composite indicator plunged from 50.7 to 49.3 - the worst combination in recent months.

PropMarketCapMacroeconomics and central banks

Canada's GDP: zero for the second month in a row instead of the expected +0.2%

Statistics Canada reported for August: the economy did not grow at all, and the preliminary estimate for September is already minus 0.1%. For the market, this is an argument in favor of a softer Bank of Canada policy and a reason to reassess the Canadian dollar.

PropMarketCapMacroeconomics and central banks

Services 57.9, manufacturing 56.0, selling prices - highest since August 2022 ahead of the Fed meeting

S&P Global released preliminary US business activity indices for October today at 16:45 MSK. The indices themselves cooled slightly, but companies' selling prices are rising at the fastest pace in more than four years - and that's a week before the Fed meeting.

PropMarketCapMacroeconomics and central banks

Japan's core inflation broke through 2% for the first time since December 2023, USD/JPY moved to 156.25

September consumer price data was released at 02:30 Moscow time and came in above August levels across all measures. The yen strengthened, and the market is once again betting on a Bank of Japan rate hike in December.