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01:26
Arcus perpetual contract feature goes live with Beta testing version, waitlist now open
Foresight News reported that Arcus, the decentralized exchange launched in partnership between dYdX and Robinhood, announced on X that its perpetual contracts feature has released a beta test version and the waitlist is now open.
01:23
National Australia Bank: The Reserve Bank of Australia is expected to cut interest rates in 2027; the outlook for the Australian dollar remains bleak
According to Golden Ten Data on July 3, National Australia Bank holds a pessimistic outlook for the Australian dollar’s performance in 2027, citing expectations that the Reserve Bank of Australia will cut interest rates by 75 basis points starting from the second quarter of 2027. National Australia Bank currently forecasts that the AUD/USD exchange rate will close at 0.6700 by the end of 2027, down from a previous estimate of 0.7000, but also believes that the rate could dip to at least 0.6500 at some point. National Australia Bank added that if the Reserve Bank of Australia cuts rates next year while the Federal Reserve holds steady, the outlook for the Australian dollar will become even bleaker.
01:17
As investors pour into the defense sector, autonomous drone startup Quantum Systems raises $1.2 billion.
German autonomous drone startup Quantum Systems has announced the successful completion of a $1.2 billion Series D funding round, bringing its post-money valuation to around $8 billion. The company, which is developing unmanned systems for land, sea, and air, stated that the round was co-led by Blackstone, Noteus, Airbus, and Advent, with participation from Bond, Fidelity Management and Research Company, Balderton, and HV Capital.
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