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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 rallies to five-month high after Labor's election win
Aussie rallies to five-month high after Labor's election win
May 25, 2025
The Australian dollar rallied in Asian trade on Monday to a five-month high against the US dollar, expanding gains for the second straight session and on track towards 65 cents. It comes after a historic win by the governing Labor Party, which bolsters the governments position towards growing global trade risks from Trumps tariffs. The Price The AUD/USD price rose...
Aussie drops after wages data
Aussie drops after wages data
May 25, 2025
The Australian dollar fell against most major rivals on Wednesday following labor data. Australian wages rose 0.9% in the first quarter of the year, above estimates of 0.8%. On trading, the AUD/USD pair rose 0.7% as of 20:56 GMT to 0.6428. Loonie The Canadian dollar fell 0.3% against the greenback as of 20:56 GMT to $0.7155. The US Dollar The...
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...
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Evaluating Thoughtworks Holding: Insights From 5 Financial Analysts
Evaluating Thoughtworks Holding: Insights From 5 Financial Analysts
May 8, 2024
Throughout the last three months, 5 analysts have evaluated Thoughtworks Holding ( TWKS ) , offering a diverse set of opinions from bullish to bearish. The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total...
China condemns U.S. revoking licenses to ship chips to Huawei
China condemns U.S. revoking licenses to ship chips to Huawei
May 8, 2024
BEIJING, May 8 (Reuters) - China's commerce ministry on Wednesday condemned a U.S. decision to revoke licenses that had let companies ship chips to sanctioned Chinese telecoms equipment maker Huawei Technologies, calling the move a typical practice of economic coercion. The U.S. has generalized the concept of national security, politicized economic and trade issues, abused export control measures... China is...
SpaceX's unit Starlink secures Indonesia operating permit
SpaceX's unit Starlink secures Indonesia operating permit
May 8, 2024
By Ananda Teresia JAKARTA (Reuters) -  The satellite unit of Elon Musk's SpaceX has secured a permit to operate in Indonesia, the communications minister told Reuters on Wednesday.  Starlink had obtained a permit to operate as an internet service provider for retail consumers and had been given the go-ahead to provide networks, having received a very small aperture terminal (VSAT)...
Will Bitcoin price reach $100,000 in 2024? Halving analysis & best brokers for trading it
Will Bitcoin price reach $100,000 in 2024? Halving analysis & best brokers for trading it
May 8, 2024
Technical Forecasts for Bitcoin Price for 2024 and 2025 Best Bitcoin Trading Platforms for 2024 and 2025 Best Bitcoin Trading Company for 2024 and 2025 Fundamental Analysis of Bitcoin Price for 2024 and 2025 Brief Analyses and Predictions for Bitcoin Prices Billionaire Robert Kiyosaki Predicts Bitcoin Price to Reach 100,000 Dollars Instant Bitcoin ETFs Traded on American Exchanges What is...
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Hong Kong-listed Samsonite plans dual listing in hunt for investors
Hong Kong-listed Samsonite plans dual listing in hunt for investors
Mar 21, 2024
(Reuters) -Luggage maker Samsonite International ( SMSOF ) on Friday said it plans to pursue a dual listing in addition to its listing on the Hong Kong Stock Exchange to increase the liquidity of its shares and reach investors in more markets. Samsonite ( SMSOF ) did not provide details of the exchanges it is considering for the second listing,...
Meta's Instagram down for thousands, Downdetector shows
Meta's Instagram down for thousands, Downdetector shows
Mar 21, 2024
March 21 (Reuters) - Meta Platforms's ( META ) Instagram was down for thousands of users on Thursday, according to outage tracking website Downdetector.com. ...
Oil eases on possible Gaza ceasefire, dollar strength
Oil eases on possible Gaza ceasefire, dollar strength
Mar 21, 2024
SINGAPORE (Reuters) -Oil prices slipped on Friday on the possibility of a nearing Gaza ceasefire that could ease geopolitical concerns in the Middle East, while a stronger dollar and faltering U.S. gasoline demand also weighed on prices. Brent crude futures fell 42 cents, or 0.5%, to $85.36 a barrel by 0203 GMT. U.S. crude futures shed 40 cents, or 0.5%,...
Ecopetrol's Reficar refinery awarded nearly 20% of McDermott common capital, company says
Ecopetrol's Reficar refinery awarded nearly 20% of McDermott common capital, company says
Mar 21, 2024
BOGOTA, March 21 (Reuters) - The Reficar oil refinery belonging to Colombia's Ecopetrol was awarded 19.9% of the common capital in infrastructure firm McDermott in preferential shares by a judge in Amsterdam, Ecopetrol said in a statement on Thursday. The refinery is located in the Colombian city of Cartagena. ...
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Here’s Why Bitcoin’s Price Doesn’t go up Despite Massive ETF and Corporate Buys
Here’s Why Bitcoin’s Price Doesn’t go up Despite Massive ETF and Corporate Buys
Jul 4, 2025
Early Bitcoin (BTC) whales have reportedly offloaded more than 500,000 BTC, worth about $50 billion at current rates, in the past year, an exit matched by institutional inflows into U.S. spot Bitcoin exchange-traded funds (ETFs) and corporate treasuries. The churn, detailed in a recent Bloomberg piece, has kept the king cryptocurrency near its record highs while suppressing its more volatile...
Tom Lee’s Bullish Ethereum Bet Sends Bitmine Stock Surging 3,000%
Tom Lee’s Bullish Ethereum Bet Sends Bitmine Stock Surging 3,000%
Jul 3, 2025
Fundstrat’s Tom Lee is “the most bullish thing to happen to Ethereum this year,” opined Ryan Sean Adams, co-founder of Bankless, on Friday. Bitcoin bull Lee has made some famous predictions about BTC, stating on CNBC in 2017 that it would reach $55,000 when it was trading around $2,000 at the time. This was at the time when JPMorgan boss...
Africa Doesn’t Need Another Wallet App: It Needs a Seat at the Table (Op
Africa Doesn’t Need Another Wallet App: It Needs a Seat at the Table (Op
Jul 4, 2025
Crypto adoption is accelerating around the world. And with it, a wave of well-funded projects keeps promising financial inclusion in Africa. For years, they’ve pledged to serve the unbanked. But all too often, they deliver little more than press releases and abandoned Telegram groups. The users,  the very people these tools were meant for — are left behind. The Illusion...
Crypto Price Analysis July
Crypto Price Analysis July
Jul 4, 2025
This Friday, we examine Ethereum, Ripple, Cardano, Solana, and Hyperliquid in greater detail. Ethereum (ETH) ETH closed the week with a 4% price increase and is currently sitting comfortably above $2,500. This is impressive considering that only two weeks ago it was at $2,100. With buyers returning, optimism is increasing across the market which may finally allow it to test...
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