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US dollar extends losses to five-week trough on US debt concerns
US dollar extends losses to five-week trough on US debt concerns
May 26, 2025
The US dollar fell in European trade on Monday against a basket of major rivals, hitting a five-week trough amid concerns about the US debt levels. Now investors await important remarks by several Fed officials as they look for more clues on the odds of multiple Fed rate cuts this year. The Index The dollar index fell 0.4% to 98.69,...
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...
Yen rushes to four-week high on strong demand
Yen rushes to four-week high on strong demand
May 27, 2025
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...
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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Foot Locker, CrowdStrike And 3 Stocks To Watch Heading Into Wednesday
Foot Locker, CrowdStrike And 3 Stocks To Watch Heading Into Wednesday
Mar 5, 2025
With U.S. stock futures trading higher this morning on Wednesday, some of the stocks that may grab investor focus today are as follows: Wall Street expects Foot Locker, Inc ( FL ). to report quarterly earnings at 72 cents per share on revenue of $2.32 billion before the opening bell, according to data from Benzinga Pro. Foot Locker ( FL...
Japan's Nikkei closes higher after choppy session amid trade war fears
Japan's Nikkei closes higher after choppy session amid trade war fears
Mar 4, 2025
(Updates for market close) By Brigid Riley TOKYO, March 5 (Reuters) - Japan's Nikkei share average nudged higher after volatile trade on Wednesday, even as concerns over a potential trade war following U.S. tariffs and its impact on the global economy stifled risk appetite. The Nikkei closed 0.2% higher at 37,418.24, while the broader Topix was up 0.3% at 2,718.21....
Trump deregulation push boosts appeal of swap spread wideners in bond market
Trump deregulation push boosts appeal of swap spread wideners in bond market
Mar 5, 2025
NEW YORK (Reuters) -A potential move by the Federal Reserve to ease regulations on capital for U.S. banks that would allow them to hold more Treasury securities has unleashed a torrent of so-called swap spread wideners in the bond market. These are bets that increase demand for U.S. Treasuries that will push their yields lower and closer to those of...
Russian rouble firms towards 89 against dollar
Russian rouble firms towards 89 against dollar
Mar 5, 2025
March 5 (Reuters) - The Russian rouble firmed towards the 89 mark against the U.S. dollar on Wednesday, paring some losses after five consecutive sessions of depreciation, as markets responded to the geopolitical impetus of potential sanctions relief. The rouble is up against the dollar this year, mostly thanks to expectations of improved relations between Moscow and Washington that could...
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Trump heads to UAE as it hopes to advance AI ambitions
Trump heads to UAE as it hopes to advance AI ambitions
May 26, 2025
* Preliminary agreement would allow US chip imports * Gulf region aims to become among top three global AI centers * President to visit US troops in Middle East By Gram Slattery, Andrew Mills and Federico Maccioni DOHA, May 15 (Reuters) - U.S. President Donald Trump was due to end a brief trip to Qatar with a speech to U.S....
China to US ocean cargo bookings surge after tariff pause, Vizion says
China to US ocean cargo bookings surge after tariff pause, Vizion says
May 26, 2025
LOS ANGELES (Reuters) -U.S. bookings for container transport from China to the United States spiked almost 300% in the wake of the United States and China pausing punishing tit-for-tat tariffs, container-tracking software provider Vizion said on Wednesday. The average bookings for the seven days ended Wednesday soared 277% to 21,530 20-foot equivalent units from 5,709 TEUs for the average for...
Assessing SoundThinking: Insights From 6 Financial Analysts
Assessing SoundThinking: Insights From 6 Financial Analysts
May 26, 2025
In the preceding three months, 6 analysts have released ratings for SoundThinking ( SSTI ) , presenting a wide array of perspectives from bullish to bearish. The table below summarizes their recent ratings, showcasing the evolving sentiments within the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 2 4...
Duos Technologies Group Earnings Preview
Duos Technologies Group Earnings Preview
May 26, 2025
Duos Technologies Group ( DUOT ) is set to give its latest quarterly earnings report on Thursday, 2025-05-15. Here's what investors need to know before the announcement. Analysts estimate that Duos Technologies Group ( DUOT ) will report an earnings per share (EPS) of $0.17. The announcement from Duos Technologies Group ( DUOT ) is eagerly anticipated, with investors seeking...
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SJVN secures 200-MW wind power project at ₹3.24 per unit
SJVN secures 200-MW wind power project at ₹3.24 per unit
Nov 16, 2023
Projected to generate 482 million units in its inaugural year post-commissioning, the cumulative energy generation over a 25-year span is anticipated to reach 12,050 million units. Shares of SJVN Ltd ended at ₹75.17, down by ₹0.50, or 0.66%, on the BSE.
How Zara and H&M are trying to clean up fast fashion's messy carbon footprint — are they serious about it
How Zara and H&M are trying to clean up fast fashion's messy carbon footprint — are they serious about it
Sep 18, 2023
Fast fashion retailer H&M is all set to sell second-hand clothes at its Regent Street flagship store in UK from October — offering items that are 'ready to be loved again.' Zara also recently launched its online second-hand service in France, having trialled it in Britain since November last year. But are these 'green initiatives' for real, or just some more greenwashing? CNBC TV18 gives a macro view.
Suzlon's S144–3 MW wind turbines get big boost from Indian government
Suzlon's S144–3 MW wind turbines get big boost from Indian government
Nov 15, 2023
Th Suzlon wind turbines received the RLMM (Revised List of Models & Manufacturers) listing from the Ministry of New and Renewable Energy, marking an important milestone for the successful commercialisation of the product. Shares of Suzlon Energy Ltd ended at ₹40.49, up by ₹1.85, or 4.79%, on the BSE.
Tata Power Renewable Energy wins 200-MW project in collaboration with SJVN
Tata Power Renewable Energy wins 200-MW project in collaboration with SJVN
Nov 28, 2023
The firm and dispatchable renewable energy (FDRE) project, designed with a hybrid of solar, wind, and battery storage, is aimed at providing a stable and dispatchable energy supply during peak hours. Shares of Tata Power Company Ltd ended at ₹270.75, up by ₹12.60, or 4.88%, on the BSE.
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South Korea’s Kimchi Premium Reaches 3
South Korea’s Kimchi Premium Reaches 3
Feb 3, 2025
The Kimchi premium, a price difference where Bitcoin trades higher on South Korean exchanges, has surged to 12%, its highest level since 2022. Unlike previous spikes driven by strong buying demand, this rise appears linked to broader market instability and currency shifts. Bitcoin Price Down, Kimchi Premium Up Over the weekend, the crypto market experienced a massive downturn that wiped...
Bitcoin Rallies Toward $100K as Mexico and US Suspend Tariffs
Bitcoin Rallies Toward $100K as Mexico and US Suspend Tariffs
Feb 3, 2025
The massive volatility caused by the US tariffs against a few countries continues to impact the crypto market, but this time in the opposite direction after a positive development on the US-Mexico front. Bitcoins price, which had tumbled to under $92,000 earlier today, exploded by several grand in less than an hour to almost $100,000. A lot can and was...
Ripple (XRP) Price Predictions: ‘Buy the Dip’ Opportunity or Further Correction?
Ripple (XRP) Price Predictions: ‘Buy the Dip’ Opportunity or Further Correction?
Feb 3, 2025
TL;DR Some analysts see XRPs recent price plunge as a golden buying opportunity rather than a reason to panic. However, a massive 130 million XRP sell-off by whales raises questions about whether the correction is over or if more downside is ahead. Dont Let Fear Hold You Back As reported earlier today (February 3), the cryptocurrency market witnessed a substantial...
India Reconsiders Crypto Policy Amid Global Regulatory Shifts: Report
India Reconsiders Crypto Policy Amid Global Regulatory Shifts: Report
Feb 3, 2025
Reports have emerged that India will review its approach to crypto following Donald Trumps friendlier attitude to the sector. According to Reuters, Ajay Seth, Indias Economic Affairs Secretary, has said the government is revisiting its stance following changes in how other jurisdictions treat the asset class.  A Change In Approach In a Sunday interview with the publication, Seth is quoted...
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