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Euro hovers near four-week high after Lagarde's remarks
Euro hovers near four-week high after Lagarde's remarks
May 27, 2025
The euro rose in European trade on Tuesday on track for the third straight session against the US dollar, and about to hit a four-week high amid concerns about US financial stability. Recent bullish remarks by European Central Bank President Christine Lagarde provided more positive momentum for the euro, and underscored investor confidence in the EU. The Price The EUR/USD...
US dollar tries to recover from five-week trough
US dollar tries to recover from five-week trough
May 27, 2025
The US dollar rose in European trade on Tuesday for the first time in three sessions against a basket of major rivals, as it tries to recover from five-week lows on short-covering. Now traders await important US data later today to assess the odds of future Fed rate cuts. The Index The dollar index rose 0.5% to 99.44, with a...
How does the Fed react to Trump's trade war?
How does the Fed react to Trump's trade war?
May 27, 2025
The Federal Reserve warned against increasing economic risks when it decided to hold interest rates unchanged in May. Fed Chair Jerome Powell focused on uncertainty for the worlds largest economy following Trumps aggressive tariff decisions during his post-Fed meeting speech this month. Now markets expect two interest rate cuts overall this year, with some even thinking that this is overly...
Australian inflation beats estimates in April
Australian inflation beats estimates in April
May 28, 2025
Australias consumer prices rose 2.4% y/y in April, beating estimates of 2.3%, and same as the previous reading. The data showcases the impact of inflationary pressures on Australian monetary policymakers, and huts the odds of an Australian rate cut in July. Do you need help in trading decisions? Do you want to learn how to start trading? Join Economies.com VIP...
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London eye: Unsettling ripples spread out from Ukraine
London eye: Unsettling ripples spread out from Ukraine
May 14, 2022
Russia-Ukraine crisis: The NATO hope clearly is that Russian forces struggle against poor Ukraine that it outmatches overwhelmingly by way of a military arsenal. Russia will not be in a hurry to attack Finland which gave Russian forces more than a fight in 1939, and which showed its unexpected might again during World War II.
UAE President Sheikh Khalifa bin Zayed Al Nahyan dies at 73; condolences pour in
UAE President Sheikh Khalifa bin Zayed Al Nahyan dies at 73; condolences pour in
May 13, 2022
Sheikh Khalifa bin Zayed Al Nahyan was the eldest son of the founding leader of UAE Zayed bin Sultan Al Nahyan. As the 16th emir of Abu Dhabi and president of the UAE, he has been the leader of the country since November 2004 when he was first elected as the president.
Dreadful photos of Sri Lanka in turmoil as President Gotabaya Rajapaksa refuses to quit
Dreadful photos of Sri Lanka in turmoil as President Gotabaya Rajapaksa refuses to quit
May 10, 2022
In a late-night address to the nation, President Gotabaya Rajapaksa refused to quit, but promised to appoint a new prime minister and a young Cabinet this week which would introduce key constitutional reforms to curb his powers, amid protests over the nation's worst economic crisis that ousted his elder brother Mahinda Rajapaksa.
Modi to focus on hydropower, connectivity in talks with Nepal PM
Modi to focus on hydropower, connectivity in talks with Nepal PM
May 13, 2022
When asked if the border dispute will figure in the PM level talks, India's foreign secretary said it is being dealt through ‘existing bilateral mechanisms.' Ties between the neighbours came under severe strain after Kathmandu published a new political map in 2020 that showed three Indian territories — Limpiyadhura, Kalapani and Lipulekh — as part of Nepal. 
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BRIEF-Galaxyedge Acquisition Corp Prices IPO Of 10 Million Units At An Offering Price Of $10.00 Per Unit
BRIEF-Galaxyedge Acquisition Corp Prices IPO Of 10 Million Units At An Offering Price Of $10.00 Per Unit
Mar 11, 2026
* GALAXYEDGE ACQUISITION CORP: PRICES IPO OF 10 MILLION UNITS AT AN OFFERING PRICE OF $10.00 PER UNIT Source text: Further company coverage: [ ] ...
Trump administration debates whether to let Tencent keep its gaming stakes, FT reports
Trump administration debates whether to let Tencent keep its gaming stakes, FT reports
Mar 11, 2026
March 3 (Reuters) - The White House is debating whether to allow Tencent ( TCTZF ) to keep its stakes in major video game groups as U.S. President Donald Trump prepares to meet Chinese President Xi Jinping in China in April, the Financial Times reported on Tuesday. Reuters could not immediately verify the report. ...
Defense contractors, like Lockheed, seen removing Anthropic's AI after Trump ban
Defense contractors, like Lockheed, seen removing Anthropic's AI after Trump ban
Mar 11, 2026
* Trump bans federal use of Anthropic's AI tool Claude * Legal scholars question U.S. government's authority to require the same of military contractors * Lockheed Martin ( LMT ) to comply By Mike Stone, Alexandra Alper and Courtney Rozen WASHINGTON, March 3 (Reuters) - U.S. defense contractors, like Lockheed Martin ( LMT ), are expected to follow the Pentagon's...
Defense contractors, like Lockheed, seen removing Anthropic's AI after Trump ban
Defense contractors, like Lockheed, seen removing Anthropic's AI after Trump ban
Mar 11, 2026
WASHINGTON, March 3 (Reuters) - U.S. defense contractors, like Lockheed Martin ( LMT ), are expected to follow the Pentagon's order to purge Anthropic's prized AI tools from their supply chains, government contracting and technology attorneys said, even though the Trump administration's ban on their use may fail in court. The expected exodus from Anthropic was a sign of how...
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