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Fed's minutes show expectations of one or two rate cuts by the end of 2025
Fed's minutes show expectations of one or two rate cuts by the end of 2025
May 28, 2025
The Federal Reserve released the minutes of its May meeting, which showed the bank expects one or two 0.25% interest rate cuts by the end of the year. The Federal Open Market Committee sees Trumps April tariffs as highly detrimental to the global risk sentiment. However, such an impact was largely reversed in the opinion of the FOMC following measures...
Dollar rebounds after tariff suspension by US court
Dollar rebounds after tariff suspension by US court
May 29, 2025
The US dollar rallied on Thursday in response to a US court order suspending Donald Trumps tariffs on other countries, which provided some support to the greenback. A US federal court ordered a full suspension of most of Trump's tariffs on global trade, representing a huge blow to Trumps economic policies. The dollar index rose 0.1% as of 12:01 GMT...
Euro skids to two-week trough after US court's rule on Trump's tariffs
Euro skids to two-week trough after US court's rule on Trump's tariffs
May 29, 2025
The euro fell in European trade on Thursday against a basket of major rivals, expanding losses for the third straight session against the dollar and plumbing a two-week trough after a US court order suspending Trumps tariffs. Hot inflation data and bullish remarks from ECB officials led to divisions among policymakers on the rate decision in June, with investors awaiting...
Yen extends losses after US court order suspending Trump's tariffs
Yen extends losses after US court order suspending Trump's tariffs
May 29, 2025
The Japanese yen tumbled in Asian trade on Thursday against a basket of major rivals, expanding losses for the fourth straight session against the dollar and plumbing a two-week trough as markets celebrate a US trade courts rule to suspend Trumps tariffs on most countries. Safe havens were pressured further by Nvidias forecast-beating earnings results for the first quarter of...
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Citigroup, JPMorgan And 3 Stocks To Watch Heading Into Friday
Citigroup, JPMorgan And 3 Stocks To Watch Heading Into Friday
Apr 12, 2024
With U.S. stock futures trading slightly higher this morning on Friday, some of the stocks that may grab investor focus today are as follows: Wall Street expects Citigroup Inc. ( C ) to report quarterly earnings at $1.20 per share on revenue of $20.39 billion before the opening bell. The bank reported earnings of $2.19 per share on revenue of...
Russian rouble weakens against the US dollar
Russian rouble weakens against the US dollar
Apr 12, 2024
MOSCOW, April 12 (Reuters) - The Russian rouble weakened against the U.S. dollar on Friday. By 0721 GMT), the rouble was 0.33% lower at 93.57 to the dollar after trading in a range of 93.205 to 93.728. Against the euro, the rouble rose 0.02% to 99.98 and dropped 0.26% to 12.89 against the yuan . Brent crude oil, a global...
Japan's Nikkei rises as tech shares track US peers, Fast Retailing weighs
Japan's Nikkei rises as tech shares track US peers, Fast Retailing weighs
Apr 11, 2024
TOKYO, April 12 (Reuters) - Japan's Nikkei share average rose on Friday as technology stocks tracked the strength in their U.S. peers overnight, although a decline in Uniqlo-parent Fast Retailing ( FRCOF ) limited the gains. The Nikkei was up 0.51% at 39,642.66 by the midday break and is set to clock an increase of 1.67% for the week. The...
US STOCKS-Futures steady ahead of big bank earnings
US STOCKS-Futures steady ahead of big bank earnings
Apr 12, 2024
(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window) * Futures: Dow up 0.17%, S&P up 0.03%, Nasdaq down 0.07% April 12 (Reuters) - U.S. stock index futures traded in a tight range on Friday as investors awaited earnings reports from big U.S. banks to gauge how corporate America...
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Analysis-Apple antitrust suit mirrors strategy that beat Microsoft, but tech industry has changed
Analysis-Apple antitrust suit mirrors strategy that beat Microsoft, but tech industry has changed
Mar 22, 2024
(Reuters) - The U.S. government's antitrust lawsuit against Apple ( AAPL ) draws on the watershed 1998 case that broke Microsoft's ( MSFT ) stranglehold on desktop software, but that may prove to be an imperfect blueprint for addressing smartphone competition. The market for the iPhone today looks very different from the near-monopoly enjoyed by Microsoft's ( MSFT ) Windows...
The Analyst Landscape: 7 Takes On Clear Secure
The Analyst Landscape: 7 Takes On Clear Secure
Mar 22, 2024
Analysts' ratings for Clear Secure ( YOU ) over the last quarter vary from bullish to bearish, as provided by 7 analysts. The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective. Bullish Somewhat Bullish Indifferent...
Deep Dive Into Confluent Stock: Analyst Perspectives (17 Ratings)
Deep Dive Into Confluent Stock: Analyst Perspectives (17 Ratings)
Mar 22, 2024
In the preceding three months, 17 analysts have released ratings for Confluent , presenting a wide array of perspectives from bullish to bearish. The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 7 5 5...
Dutch PM to meet China's Xi amid strain over chip export policy
Dutch PM to meet China's Xi amid strain over chip export policy
Mar 22, 2024
AMSTERDAM, March 22 (Reuters) - The Netherlands' prime minister will travel to China next week for a meeting with Chinese President Xi Jinping on economic ties, the Dutch government said on Friday, a meeting that is likely to be strained over computer chip export policy matters. The Dutch government this year began denying licenses for ASML, the biggest supplier of...
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