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Euro hits one-week high ahead of German inflation data
Euro hits one-week high ahead of German inflation data
Oct 30, 2024
Euro rose in European trade on Wednesday on track for the third profit in a row against the US dollar, hitting a week high after data showed Spanish inflation rose past estimates in October, renewing the pressure on the European Central Bank. The odds of a 0.25% ECB interest rate cut in December dipped, with investors now waiting for official...
US dollar heads for fresh weekly profit
US dollar heads for fresh weekly profit
Oct 26, 2024
The US dollar rose in European trade on Friday against a basket of major rivals, resuming gains after a short hiatus, and approaching three-month highs once more. The gains come amid a surge in US 10-year treasury yields after bullish remarks from some Fed officials, and strong US data, which hurt the odds of an aggressive pace for US interest...
Aussie skids to 2-1/5 month low as inflation cools
Aussie skids to 2-1/5 month low as inflation cools
Oct 30, 2024
The Australian dollar tumbled in Asian trade on Wednesday to 2-⅕ month lows against the US dollar, sharpening the decline for the fourth straight session after inflation in Australia cooled to three-year lows, reducing the pressure on the Reserve Bank of Australia. The new data boosted the odds of an interest rate cut by the RBA in December, as investors...
Yen skids to three-month low as the gap in treasury yields widens
Yen skids to three-month low as the gap in treasury yields widens
Oct 26, 2024
The yen fell in European trade on Wednesday against a basket of major rivals, sharpening the losses for the third straight session against the US dollar and hitting three-month lows amid concerns about a wider US-Japan gap in government treasury yields. Recent bearish remarks from Japanese officials hurt the odds of a third BOJ interest rate hike this year, while...
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Wall St Week Ahead-Investors eye tariff deadline as US stocks rally
Wall St Week Ahead-Investors eye tariff deadline as US stocks rally
Jul 4, 2025
* Stock rally largely driven by retail investors and share buybacks * Institutional positioning in equities remains underweight * Avoiding a major tariff escalation could help ease near-term market worries * Upcoming economic data and Q2 results key for assessing the U.S. economic outlook By Saqib Iqbal Ahmed NEW YORK, July 4 (Reuters) - Investors will be keeping a close...
Is the Market Open On July 4th? Everything You Need To Know
Is the Market Open On July 4th? Everything You Need To Know
Jul 3, 2025
As American families gather to celebrate Independence Day, many investors and traders are curious about the market schedule for the July Fourth holiday weekend. Here’s a concise guide to help you navigate the trading week around this holiday. Market Schedule Overview Around Independence Day The Nasdaq and New York Stock Exchange closed at 1 p.m. ET on Thursday and will...
Japan's 10-year bonds track US Treasury declines after strong jobs data
Japan's 10-year bonds track US Treasury declines after strong jobs data
Jul 3, 2025
TOKYO, July 4 (Reuters) - Japan's 10-year government bonds (JGBs) inched down on Friday, tracking declines in U.S. Treasuries after strong U.S. jobs data bolstered the case for the Federal Reserve to keep interest rates on hold. The 10-year JGB yield rose 0.5 basis point (bp) to 1.445%. Yields move inversely to bond prices. U.S. Treasury yields advanced on Thursday...
Investors eye tariff deadline as US stocks rally
Investors eye tariff deadline as US stocks rally
Jul 4, 2025
NEW YORK (Reuters) -Investors will be keeping a close eye on tariff headlines out of Washington next week, as a temporary suspension of punitive import levies is set to expire. If that Wednesday deadline passes without an increase in trade tensions, it could prove positive for the markets. Negotiators from more than a dozen major U.S. trading partners are rushing...
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Service Corp Insider Sold Shares Worth $7,160,150, According to a Recent SEC Filing
Service Corp Insider Sold Shares Worth $7,160,150, According to a Recent SEC Filing
Aug 8, 2024
11:02 AM EDT, 08/08/2024 (MT Newswires) -- Thomas L Ryan, Director, President, CEO & Chairman, on August 06, 2024, sold 97,000 shares in Service Corp ( SCI ) for $7,160,150. Following the Form 4 filing with the SEC, Ryan has control over a total of 1,632,564 shares of the company, with 988,365 shares held directly and 644,199 controlled indirectly. SEC...
Origin Agritech Names Cheng Chi Kin as Chief Financial Officer
Origin Agritech Names Cheng Chi Kin as Chief Financial Officer
Aug 8, 2024
11:00 AM EDT, 08/08/2024 (MT Newswires) -- Origin Agritech ( SEED ) said Thursday it has appointed Cheng Chi Kin as chief financial officer, effective immediately. Kin's most recent roles include independent nonexecutive director at Asiasec Properties, Origin Agritech ( SEED ) said. The company's shares were down nearly 4% in recent trading. Price: 2.77, Change: -0.11, Percent Change: -3.82...
Lazard hires Guggenheim banker Haydon for private equity dealmaking, source says
Lazard hires Guggenheim banker Haydon for private equity dealmaking, source says
Aug 8, 2024
Aug 8 (Reuters) - Investment bank Lazard ( LAZ ) has hired Courtney Haydon from Guggenheim Securities as a managing director to help drive dealmaking involving private equity firms and alternative asset managers, a person familiar with the matter said on Thursday. Haydon will join Lazard's ( LAZ ) financial sponsors coverage group in the coming months, the source said,...
Abbott Labs Leaders to Face Some Investor Claims Over Infant Formula
Abbott Labs Leaders to Face Some Investor Claims Over Infant Formula
Aug 8, 2024
11:05 AM EDT, 08/08/2024 (MT Newswires) -- Abbott Laboratories ( ABT ) investors can move ahead with claims that certain company directors and executives breached securities laws and fiduciary duties regarding its infant formula safety, while the remaining claims were dismissed, a federal court ruled Wednesday. At issue is the company's plant in Sturgis, Michigan, that was closed in 2022...
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