Preliminary estimates released Friday morning by Eurostat showed that the Eurozone's annual Consumer Price Index (CPI) rose by 2.0% in July, surpassing market expectations of a 1.9% increase and matching the previous reading of 2.0%. Excluding food and energy, core CPI rose by 2.3%, in line with market forecasts and unchanged from the previous reading. These figures highlight persistent inflationary...

The euro rose in European markets on Friday against a basket of major currencies, extending its recovery for a second consecutive session after hitting a two-month low versus the US dollar. The gains were driven by dip-buying at lower levels. This rebound comes ahead of the release of key eurozone inflation data for July, which is expected to shed more...

Aluminum continues to perform strongly despite global economic shifts and regional extraction and refining challenges. On July 25, aluminum prices on the London Metal Exchange climbed to a four-month high, closing the week at $2,656.5 and $2,657 per tonan increase of $10.5 or 0.39%. According to reports, this rise was mainly driven by renewed optimism about Chinese demand, along with...

The US labor market appeared to make steady progress during the first half of the year, but there are growing signs that job growth is losing momentum. The July jobs report is set to be released at 8:30 a.m. Eastern Time on Friday and is expected to show a net gain of 115,000 jobs a significant slowdown compared to Junes...

01:28 PM EDT, 10/30/2024 (MT Newswires) -- Financial stocks were advancing in Wednesday afternoon trading, with the NYSE Financial Index rising 0.6% and the Financial Select Sector SPDR Fund (XLF) ahead 0.7%. The Philadelphia Housing Index was climbing 1.4%, and the Real Estate Select Sector SPDR Fund (XLRE) was up 0.7%. Bitcoin (BTC-USD) was declining 1.1% to $71,900, and the...

01:10 PM EDT, 10/30/2024 (MT Newswires) -- US benchmark stock indexes advanced amid a flood of quarterly earnings and as investors weighed a weaker-than-forecast increase in the advance estimate for Q3 economic growth. The S&P 500 climbed 0.2% to 5,845.4 after midday Wednesday. The Nasdaq Composite was up 0.1% at 18,738.9, and the Dow Jones Industrial Average was 0.4% higher...

09:05 AM EDT, 10/30/2024 (MT Newswires) -- US equity futures were flat before Wednesday's opening bell as traders digested strong results from Alphabet (GOOG, GOOGL). Dow Jones Industrial Average futures slipped 0.2%, S&P 500 futures flatlined, and Nasdaq futures were up 0.1%. Oil prices were higher, with front-month global benchmark North Sea Brent crude up 2.1% at $72.22 per barrel...

In the days leading up to Apple Inc's ( AAPL ) highly-anticipated earnings report, a lesser-known stock sent a warning signal to investors regarding the iPhone maker. Qorvo Inc ( QRVO ) , which provides parts for smartphones, reported lower-than-expected as part of its earnings report, raising concerns about Apple's ( AAPL ) iPhone sales. What Does Qorvo Do? Qorvo...

In the latest quarter, 12 analysts provided ratings for Rivian Automotive ( RIVN ) , showcasing a mix of bullish and bearish perspectives. In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings...

In the dynamic and cutthroat world of business, conducting thorough company analysis is essential for investors and industry experts. In this article, we will undertake a comprehensive industry comparison, evaluating Microsoft ( MSFT ) and its primary competitors in the Software industry. By closely examining key financial metrics, market position, and growth prospects, our aim is to provide valuable insights...

10:33 AM EDT, 04/10/2025 (MT Newswires) -- After a Lunar New Year effect skewed February's trade growth numbers in Taiwan, a moderation of year-on-year growth in March was inevitable, said ING. However, export and import growth both ended up beating expectations on Thursday, wrote the bank in a note. Exports grew by 18.6% year over year and imports grew by...

Across the recent three months, 11 analysts have shared their insights on Manhattan Associates ( MANH ) , expressing a variety of opinions spanning from bullish to bearish. The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish...

Canadian Prime Minister Justin Trudeau also said on Tuesday (September 19) his government does not seek to 'escalate' tensions with India. This, in the backdrop of the two countries expelling a senior diplomat each.

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.

The investigation moving forward would be the most productive thing that can happen now, according to Blinken's statement.

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.

The airline, which was once considered the pride of Pakistan and was the first international airline to be given access to fly to Beijing, is said to be suffering millions in losses on a daily basis.

The Washington-based IMF said that cost of underestimating inflation’s persistence could be painfully high and result in another painful round of rate hikes that could rob the economy of a large chunk of growth.

ANZ managers have informed their respective teams about the new policy this week in generic emails, reaffirming the bank's expectation that staff devote at least half their working hours in the office each month, afr.com reported.

Pfizer announced the deal in March, its largest purchase in a string of recent acquisitions thanks to a once-in-a-lifetime cash windfall from its COVID-19 vaccine and treatment.

Bitcoin (BTC) has recorded a mild uptick over the past week as it traded above $117,240. New data suggest that the crypto assets path forward depends on $115,440 support. The reaction around this level will likely determine whether Bitcoin extends its rally or slips into a sharper correction. Lose $115K, Face $93K According to crypto analyst Ali Martinezs latest update,...

Ethereum’s mid-sized whale cohort is sitting on massive paper gains, reaching levels not seen since the network’s last market peak almost four years ago. Analyst CryptoOnchain has shared data showing wallets with between 10,000 and 100,000 ETH seeing unrealized profits rise to cycle highs, a sign that historically came right before selling pressure increased. Whale Wallet Profits Mirror Previous Market...

TL;DR The launch of the REX-Osprey XRP ETF (XRPR), described as a spot ETF with extras, has been among the most talked-about topics in the crypto community recently. Ripple also teamed up with Franklin Templeton and DBS Bank, enabling trading between its RLUSD stablecoin and Franklins tokenized money market fund sgBENJI. Breaking News Today Ripple has taken center stage lately,...

Bitcoin’s price is quickly recovering and paving its way toward a new all-time high after the Federal Reserve cuts interest rates by a quarter point and signals there are still more to come in the upcoming year. Therefore, investors’ fears are alleviated, and the market is likely to rally further in the coming weeks. By Shayan The Daily Chart Bitcoin’s...