The Japanese yen rose in Asian trade on Tuesday against a basket of major rivals, resuming gains against the dollar after a short hiatus and hitting a four-week high on strong haven demand amid concerns about US debt levels. Gains are also bolstered by the increasing odds of a Japanese interest rate hike in June in response to mounting inflationary...

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...

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...

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...

01:51 PM EST, 11/12/2024 (MT Newswires) -- Consumer stocks were mixed Tuesday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) increasing 0.2% and the Consumer Discretionary Select Sector SPDR Fund (XLY) falling 1.3%. Redbook US same-store sales last week rose 4.8% from a year earlier, slower than a 6% increase in the previous week. In corporate news, Shopify...

01:43 PM EST, 11/12/2024 (MT Newswires) -- Energy stocks were lower Tuesday afternoon, with the NYSE Energy Sector Index falling 1% and the Energy Select Sector SPDR Fund (XLE) down 0.5%. The Philadelphia Oil Service Sector index dropped 1.3%, and the Dow Jones US Utilities index shed 1.3%. Front-month West Texas Intermediate crude oil was rising 0.5% to $68.40 a...

(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window) * Novavax ( NVAX ) drops on cutting annual revenue forecast * Honeywell ( HON ) jumps after Elliott discloses stake * Russell 2000 falls more than 1% * Indexes down: Dow 0.47%, S&P 500 0.27%, Nasdaq 0.15% (Updated at...

* S&P sees cautious Mexico economic policy, US trade challenges * Mexico econ min suggests possible retaliation against US * Colombia economy seen growing 2.3% in Q3 from a year ago * El Salvador offers to buy back debt, bonds rise (Updated at 2:30 p.m. ET) By Johann M Cherian and Pranav Kashyap Nov 12 (Reuters) - Most Latin American...

Brent Oil Price Analysis Brent oil price bounced downwards to break 86.25$ and settles below it. The price forms a double top pattern, with its confirmation line at 85.30$. Breaking the confirmation level may lead to losses surpassing 84.55$ to reach 82.75$ areas. The bearish bias will be dominant on the intraday basis, possibly preceded by sideways fluctuation influenced by...

Soybean Price Analysis Soybean price begins today negatively, pressing on the intraday bullish trend line. The EMA50 continues to provide positive support to the price, while stochastic reaches the oversold areas. These factors encourage us to continue suggesting the correctional bullish trend. The target is set at 1231.20$ as the next station. Breaking 1193.10$ will stop the expected rise and...

Wheat Price Analysis Wheat price faced negative pressure yesterday, breaking 552.80$ and closing the daily candlestick below it. Starting today with additional decline confirms stopping the bearish correction and returning to the main bearish track again. This opens the way to achieve negative targets starting at 535.00$ and extending to 525.40$. Therefore, the bearish bias will be suggested for today,...

Sugar Price Analysis Sugar price ended yesterday with clear positivity, completing the formation of a double top pattern. Signs of this pattern appear on the chart, supporting the continuation of the expected bullish trend for the upcoming period. The price is approaching our awaited target at 22.60$, with a potential breach pushing the price towards 23.80$ as the next positive...

Greece has repeatedly asked the British Museum to permanently return the 2,500-year-old sculptures that British diplomat Lord Elgin removed from the Parthenon temple in the early 19th century when he was ambassador to the Ottoman Empire.

Besides Clapton, Alicia Silverstone, Rob Schneider and Woody Harrelson (who later retracted) have publicly supported RFK Jr, who reportedly said COVID-19 may just be 'ethnically targeted.' The virus targets Caucasians and Black people while sparing Ashkenazi Jewish people and Chinese people, he said at a New York dinner.

British politics is abuzz with musical chairs like excitement. PM Rishi Sunak, who had to remove his outspoken interior minister Suella Braverman for her article on a pro-Palestine march in UK, has brought ex-PM David Cameron — who had lost the top job over Brexit — back into the fresh equation.

India-Canada Tension: While BookMyShow's official statement did not explicitly state the reason behind the cancellation, it confirmed that 'singer Shubneet Singh's Still Rollin Tour for India stands cancelled.' It assured all ticket holders that their money would be refunded in 7-10 working days.

This acquisition not only substantially hikes UltraTech Cement's capacity but also serves as a strategic entry into the promising market of Jharkhand. Shares of UltraTech Cement Ltd ended at ₹8,721.80, down by ₹6.20, or 0.071%, on the BSE.

The fund house opened the year with an AUM (assets under management) of over ₹2.25 lakh crore. The open-ended equity scheme represents the manufacturing theme and opens for subscription on December 1 and closes on December 15.

The unseasonal rainfall in Mumbai and other parts of the state prompted concerns about potential disruptions in the agricultural supply chain.

The volume of the sneaker segment in India is projected to reach 66 million pairs by 2028. Shares of Metro Brands Ltd ended at ₹1,326.85, up by ₹27.10, or 2.09%, and shares of FSN E-Commerce Ventures Ltd ended at ₹172.10, up by ₹2.80, or 1.65%, on the BSE.

Ethereum’s price has been consolidating over the past few months, showing neither bullish nor bearish intentions. Yet, things might be about to change soon. Technical Analysis By Edris Derakhshi (TradingRage) The Daily Chart On the daily timeframe, the price was trapped inside a large symmetrical triangle pattern, and both the higher and the lower boundaries were tested several times. The...

MicroStrategy, known for its Bitcoin (BTC) investment strategy, recently catapulted into the top tier of the U.S. stock market, beating Amazon and Alphabet in daily trading volume for the first time. With $5.5 billion traded on October 25, the company seems to have cemented its place in mainstream finance, joining what its executive chairman calls the “Magnificent 8.” MicroStrategys Rising...

Investment inflows into digital assets reached a whopping $901 million in October, comprising 12% of assets under management and marking the fourth-largest monthly inflows to date. With these additions, year-to-date inflows have reached $27 billion almost triple the 2021 record of $10.5 billion. US Political Climate Drives Bitcoin Inflows According to the latest edition of CoinShares Digital Asset Fund Flows...

Bitcoins price continued its uptick since the Saturday night slump and jumped above $68,000 and even neared $68,500 earlier today. The altcoins are also slightly in the green today, with BNB going above $590 and ETH surging past $2,500. BTC Above $68K The primary cryptocurrency went through some enhanced volatility during the previous business week amid massive inflows toward the...