Gold Whipsaws and Signals a Potential Momentum Shift The precious metal rose phenomenally in the wake of the FOMC meeting and updated summary of economic projections. The US dollar acted as the release valve for all the hawkish sentiment that had been priced into the market. US activity, jobs and inflation data printed on the higher side of estimates in...

Japanese Yen (USD/JPY) Analysis BoJ minutes extend the ‘carry trade’ as officials rule out rapid rate hikesLike clockwork, Japan’s top currency diplomat voices dissatisfaction with recent yen volatility, weaknessIG Client sentiment ‘mixed’ despite massive short positioningThe analysis in this article makes use of chart patterns and key support and resistance levels. For more information visit our comprehensive education library BoJ...

Most Read: U.S. Dollar Outlook Market Sentiment: USD/JPY, USD/CAD, USD/CHF The U.S. dollar, as measured by the DXY index, strengthened this past week, closing at its best level since mid-February on Friday. Despite initial losses following the Fed’s dismissal of renewed inflation risks and indications that it was still on track for 75 basis points of easing this year, the...

Brent Crude Oil News and Analysis Over 150 missiles and drones fired in latest attack on UkraineOil prices ease into the weekend despite attacks on energy infrastructureIG client sentiment focuses on recent changes in positioning to arrive at bearish biasThe analysis in this article makes use of chart patterns and key support and resistance levels. For more information visit our...

Aug 30 (Reuters) - Federal Reserve policymakers on Friday got fresh confirmation that inflation is continuing to ease, clearing the way for a first interest rate reduction next month as they shift their focus to preventing further cooling in the labor market. The personal consumption expenditures (PCE) price index rose 2.5% in July from a year earlier, the Commerce Department...

01:52 PM EDT, 08/30/2024 (MT Newswires) -- Tech stocks rose Friday afternoon with the Technology Select Sector SPDR Fund (XLK) adding 0.4% and the SPDR S&P Semiconductor ETF (XSD) gaining 0.9%. The Philadelphia Semiconductor index climbed 1.4%. In corporate news, Intel ( INTC ) is working with Morgan Stanley (MS) and Goldman Sachs (GS) on strategy, including the prospect of...

04:55 PM EDT, 08/30/2024 (MT Newswires) -- The Dow Jones Industrial Average extended its record closing run Friday as markets evaluated the Federal Reserve's preferred inflation gauge. The Dow rose 0.6% to 41,563.1, while the Nasdaq Composite jumped 1.1% to 17,713.6. The S&P 500 advanced 1% to 5,648.4. All sectors notched gains, led by consumer discretionary's 1.9% rise. For the...

03:49 PM EDT, 08/30/2024 (MT Newswires) -- Tech stocks rose late Friday afternoon, with the Technology Select Sector SPDR Fund (XLK) adding 0.8% and the SPDR S&P Semiconductor ETF (XSD) gaining 1.4%. The Philadelphia Semiconductor index climbed 2%. In corporate news, Elastic (ESTC) shares plunged past 27%. The company reported disappointing fiscal Q1 results after a poorly managed sales segmentation...

Partnership preserves WhippleWood's team, leadership, and high-touch client experience while adding the scale and technology of Money Forward Partners DENVER, Oct. 17, 2025 /PRNewswire/ -- WhippleWood CPAs PC (WhippleWood) today announced that it has joined Money Forward™ Partners, a people-first, technology-forward accounting platform. The partnership enhances WhippleWood's ability to deliver proactive, value-added service while keeping the same staff, same...

Nvidia Corp. ( NVDA ) CEO Jensen Huang says the company's market share in China has collapsed from 95% to zero. Huang Says ‘We Are 100% Out Of China' Earlier this week, speaking at the Citadel Securities Future of Global Markets 2025 event, Huang said, At the moment, we are 100% out of China. He continued, We went from 95%...

SEOUL (Reuters) -The mother and two sisters of Samsung Electronics ( SSNLF ) Chairman Jay Y. Lee plan to sell some 1.73 trillion won ($1.22 billion) worth of shares in the South Korean tech firm, the company said in a regulatory filing. The purpose of the sale of 17.7 million shares, or a 0.3% stake in Samsung Electronics ( SSNLF...

SEOUL, Oct 18 (Reuters) - The mother and two sisters of Samsung Electronics ( SSNLF ) Chairman Jay Y. Lee plan to sell some 1.73 trillion won ($1.22 billion) worth of shares in the South Korean tech firm, the company said in a regulatory filing. The purpose of the sale of 17.7 million shares, or a 0.3% stake in Samsung...

The probe pertains to Dapoli resort, which is allegedly illegal. The former minister and Shiv Sena (Uddhav) leader, Anil Parab, allegedly wangled a permit to use land meant for agricultural use. The ED had started the investigation under the the Prevention of Money Laundering Act (PMLA) after a complaint from the Environment Ministry.

A fire that broke out at the waste treatment plant in Kochi on March 2, 2023, continues to spread toxic fumes even after 11 days of the incident. The Kerala government has said that 95 percent of the fire has been extinguished, but the smoke from the landfill has not entirely subsided. 

On Tuesday, the Gehlot government invited bids for both projects to build the dams within the next four years. The chief minister had announced both projects in last year’s budget.

Accusing Kejriwal of being busy with election campaigning in poll-bound states and waking up to the situation late, Minister of State for Consumer Affairs, Food, and Public Distribution, Ashwini Kumar Choubey, said that the Centre had held a meeting with Chief Secretaries and senior officials from four North Indian states on 20th October to discuss measures to reduce air pollution, which he claims weren't adopted by the AAP-led governments.

NEW YORK (Reuters) - The rate of Americans who are uninsured will rise to 8.9% over the next decade from 7.7% in 2024, driven by rising immigration and reduced eligibility for 19-to-24 year-olds following federal government policy changes, according to a Congressional Budget Office report released on Tuesday. We expect the uninsured rate for the immigrants arriving in the surge...

04:32 PM EDT, 06/18/2024 (MT Newswires) -- Price: 71.00, Change: +2.96, Percent Change: +4.35 ...

04:34 PM EDT, 06/18/2024 (MT Newswires) -- Euroseas ( ESEA ) said late Tuesday it has signed a time charter contract for the M/V Pepi Star, a containership under construction. The contract is for a minimum period of 23 months up to a maximum period of 25 months at a gross daily rate of $24,250, the company said. The charter...

Virgin Galactic Holdings, Inc. ( SPCE ) shares traded lower Tuesday potentially on continued weakness following the company’s 1-for-20 reverse stock split that went into effect Monday. What’s Going On: Virgin Galactic ( SPCE ) shares began trading on a split-adjusted basis on Monday. The split was aimed at raising the company’s stock price to meet the NYSE’s minimum bid...

Binance will pay $4.3 billion in one of the largest corporate agreements in US history. Changpeng Zhao will pay a $50 million fine under a deal that requires him to step down as CEO. Zhao pleaded guilty Tuesday to violating the Bank Secrecy Act in federal court in Seattle.

Negotiations between the Justice Department and Binance include the possibility that its founder Changpeng Zhao would face criminal charges in the US under an agreement to resolve the probe into alleged money laundering, bank fraud and sanctions violations, according to the Bloomberg.

A spot crypto ETF would track the market price of the underlying crypto asset, giving investors exposure to the token without having to buy the currency. The SEC has previously denied all spot bitcoin ETF applications citing potential for fraud, but that could soon change after it lost a legal battle in August.

The crypto market is experiencing one of its longest, most bitter winters in recent history. It has caused a massive...