financetom
News
World
Environment
Technology
Politics
Retail
Business
Economy
Market summary >
Editors' picks >
News >
Aussie moves in a positive zone after inflation data
Aussie moves in a positive zone after inflation data
May 25, 2025
The Australian dollar rose in Asian trade on Wednesday against the US dollar after a short hiatus yesterday, with the pair heading towards four-month high and about to mark the second monthly profit in a row. Earlier Sydney data showed inflationary pressures remained persistent on monetary policymakers, casting doubts on the odds of an Australian interest rate cut in May....
Aussie is worst performing currency after RBA rate cut
Aussie is worst performing currency after RBA rate cut
May 25, 2025
The Australian dollar tumbled on Tuesday against a basket of major rivals, resuming losses against the US counterpart after a short hiatus and becoming the worst performing G8 currency after the RBAs rate cut. The Reserve Bank of Australia voted to cut interest rates by 25 basis points to 3.85%, the lowest since May 2023, as inflation cooled. The Price...
Aussie hits one-week high after strong wages data
Aussie hits one-week high after strong wages data
May 25, 2025
The Australian dollar rose in Asian trade on Wednesday against a basket of major rivals, expanding gains for the second straight session against the US dollar and hitting a week high, while approaching five-week highs following strong Australian wages data. The data renewed inflationary pressures on the Reserve Bank of Australias policymakers, which hurt the odds of a rate cut...
Aussie falls and shrugs off strong employment data
Aussie falls and shrugs off strong employment data
May 25, 2025
The Australian dollar fell against most major rivals on Thursday despite strong labor data. Australia's unemployment rate was unchanged in April at 4.1%, same as March, and matching expectations. The Australian economy added 89.0 thousand new jobs in April, easily beating estimates of a 20.9 thousand addition, while March's reading was revised to show the addition of 32.2 thousand jobs...
World >
Market >
Exchange-Traded Funds Higher, US Equities Mixed Ahead of Inflation, Monetary Policy Readings
Exchange-Traded Funds Higher, US Equities Mixed Ahead of Inflation, Monetary Policy Readings
Jun 10, 2024
12:56 PM EDT, 06/10/2024 (MT Newswires) -- Broad Market Indicators Broad-market exchange-traded funds, including IWM and IVV, rose Monday. Actively traded Invesco QQQ Trust (QQQ) climbed 0.4%. US benchmark stock indexes were mixed in choppy trading at midday as most government bond yields rose ahead of the latest reads on inflation and monetary policy. Energy iShares US Energy ETF (IYE)...
Top Midday Gainers
Top Midday Gainers
Jun 10, 2024
01:43 PM EDT, 06/10/2024 (MT Newswires) -- Kwesst Micro Systems ( KWE ) said Monday it received a sub-contract valued at up to 48 million Canadian dollars ($34.8 million) from Thales Canada to deliver software services to support the Canadian Army's digital modernization efforts. Shares surged 122% as intraday trading volume catapulted to more than 257 million from a daily...
US Benchmark Stock Indexes Mixed in Choppy Trading
US Benchmark Stock Indexes Mixed in Choppy Trading
Jun 10, 2024
12:27 PM EDT, 06/10/2024 (MT Newswires) -- US benchmark stock indexes were mixed in choppy trading at midday on Monday as most government bond yields kicked off the week on a higher note ahead of the latest reads on inflation and monetary policy. The Nasdaq Composite climbed 0.3% to 17,190.2, with the S&P 500 up 0.1% to 5,354.1. The Dow...
Wall Street edges down as markets await crucial events
Wall Street edges down as markets await crucial events
Jun 10, 2024
Most US stock indices fell mildly on Monday as markets await important events this week. They include the Federal Reserves policy meeting this week, expected to maintain interest rates unchanged, with Fed Chair Jerome Powell talking later about the future of policies. Markets also await US consumer prices data later this week, in addition to producer prices data. On trading,...
Environment >
Technology >
Personal Finance >
Politics >
Retail >
Business >
Economy >
Cryptocurrency >
Top Ripple (XRP) Price Predictions as of Late
Top Ripple (XRP) Price Predictions as of Late
Jan 7, 2025
TL;DR XRP gained 20% in a week, with analysts predicting a rise to $3.70 or even $9.50 if key resistances are broken. Trump’s return as US president and pro-crypto SEC leadership could favor Ripples lawsuit, reducing regulatory uncertainty for XRP and potentially triggering upward pressure for the price. Is XRP Gearing up for a Breakout? The cryptocurrency market has experienced...
Bitcoin Price Plunges by $5K in Minutes: Leaves Almost $400 Million in Liquidations
Bitcoin Price Plunges by $5K in Minutes: Leaves Almost $400 Million in Liquidations
Jan 7, 2025
Bitcoins adventure above $100,000 was short-lived as the asset plummeted below that level roughly 24 hours after breaching it yesterday. As expected, the altcoins have suffered even more, with massive price drops from the likes of LINK, DOGE, AVAX, SUI, SHIB, and many others. CryptoPotato reported yesterday that BTCs price finally broke above $100,000 after a nearly three-week hiatus. This...
Arthur Hayes Expects the Crypto Market to Peak in March: Here’s Why
Arthur Hayes Expects the Crypto Market to Peak in March: Here’s Why
Jan 7, 2025
Over the past 24 hours, the crypto market has taken an unexpected yet appealing turn. The valuation of leading crypto assets like bitcoin (BTC) has soared to heights not seen since the start of the year. The latest market performance has prompted crypto experts like Arthur Hayes, BitMEX’s co-founder and former CEO, to restructure their projections. In his latest report,...
Bitcoin Positions for Further Gains as Sell
Bitcoin Positions for Further Gains as Sell
Jan 7, 2025
As 2025 begins, the possibility of bitcoin (BTC) experiencing a significant correction in this first quarter is high. However, declining sell-side liquidity suggests the cryptocurrency could also see further gains in the medium term. In the latest edition of the Bitfinex Alpha report, analysts revealed that much of the downside pressure predicted for Q1 2025 may have already eased off...
Forex >
Copyright 2023-2026 - www.financetom.com All Rights Reserved