Gold (XAU/USD), Silver (XAG/USD) Analysis Gold retreats after tagging a key Fibonacci extensionXAU/USD bull run shows little sign of slowing downSilver hits a prior longer-term zone of resistanceThe analysis in this article makes use of chart patterns and key support and resistance levels. For more information visit our comprehensive education library Recommended by Richard Snow Get Your Free Gold Forecast...

The dollar rose in European trade on Thursday against a basket of major rivals, extending gains for the second straight session and scaling a five-month high as US treasury yields rally. Scorching US inflation data reduced the odds of a Fed interest rate cut in June, and hurt the expectations of rate cuts overall this year. Now investors await important...

Japanese Yen (USD/JPY) Analysis Dollar response to hot CPI data sends USD/JPY higherUSD/JPY enters a danger zone as the FX intervention threat loomsDollar yen breaks 152.00 and enters overbought territoryElevate your trading skills and gain a competitive edge. Get your hands on the Japanese Yen Q2 outlook today for exclusive insights into key market catalysts that should be on every...

The dollar rose against most major rivals on Wednesday after strong US inflation data. Earlier US government data showed yearly inflation accelerated more than expected in March, which could delay the timeline of interest rate cuts this year. US consumer prices rose 3.5% y/y in March, above estimates of 3.4%. On a monthly basis, consumer prices rose 0.4%, while analysts...

(Reuters) - U.S. stock futures fell sharply on Friday, signaling more losses on Wall Street, after China retaliated with fresh tariffs a day after the Trump administration's sweeping levies knocked off $2.4 trillion from U.S. equities. China's finance ministry said it will impose additional tariffs of 34% on all U.S. goods from April 10 as a countermeasure to the tariffs...

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April 4 (Reuters) - U.S. high yield corporate bond spreads surged to 401 basis points as of late Thursday, their highest since November 2023, as global markets swooned over fears that U.S. President Donald Trump's plan for import tariffs would kick off a trade war. The options adjusted spread on the ICE BofA High Yield Index, which measures the difference...

06:37 AM EDT, 04/04/2025 (MT Newswires) -- The most-talked-about stocks in the Reddit subforum Wallstreetbets declined hours before Friday's opening bell. Clear Secure ( YOU ) declined by 8.8% pre-bell after closing Thursday with a 4.1% drop. Tesla (TSLA) fell by 6% in premarket hours, following a 5.5% fall from the previous session. Intel ( INTC ) was down 5%...

Memecoin trading is supposed to be lucrative, but also fun. In a strange way, this week's fee cuts at Solana-based memecoin launchpad Pump.fun has, for many traders, made it neither. For observers of the spectacle, however, It's entertaining enough to gawk at the memecoins surrounding former President Donald Trump. Read on. PLUS: Ethereum developers prep EOF revamp of ubiquitous EVM...

Aug 15 (Reuters) - Japanese technology investor SoftBank dropped plans of producing an artificial intelligence chip with Intel ( INTC ) to compete with Nvidia ( NVDA ), the Financial Times reported on Thursday. The partnership did not materialize after the U.S. chipmaker struggled to meet SoftBank's requirements, according to the report, citing people familiar with the matter. SoftBank has...

WASHINGTON (Reuters) -A powerful U.S. committee that scrutinizes foreign investment for national security risks fined T-Mobile $60 million, its largest penalty ever, for failing to prevent and report breaches of sensitive data, senior U.S. officials said on Wednesday. The penalty imposed by the Committee on Foreign Investment in the U.S. (CFIUS) is tied to violations of a mitigation agreement that...

BEIJING (Reuters) - China's Lenovo Group ( LNVGF ) reported a 20% rise in its quarterly revenue on Thursday, as the global personal computer market showed signs of recovery after a two-year slump. For the three months ending in June, the company's revenue rose to $15.4 billion, above the average estimate of $14.1 billion expected by analysts polled by LSEG....

Shehryar Afridi and Shandana Gulzar, the two leaders of Khan’s Pakistan Tehreek-e-Insaf: party, were held by the police in connection with the May 9 violence that erupted following the former prime minister’s arrest in a corruption case.

The first Republican presidential debate officially kicks off the 2024 race to the White House. With Donald Trump not taking part, all eyes will be on Vivek Ramaswamy, Nikki Haley, Ron DeSantis, Mike Pence, and Chris Christie. Meanwhile, US President Joe Biden has his problems — a low job approval rating and challengers from his own party.

In 2011, Nikki Haley became the first woman governor of South Carolina and the youngest governor in the United States. Here's all about her roots and her rise in US politics.

The tenure of the Pakistan National Assembly ends on August 12. However, the assembly will be prematurely dissolved on August 9, Pakistan Prime Minister Shehbaz Sharif said. What does it mean and what happens next?

09:07 AM EDT, 05/17/2024 (MT Newswires) -- Blackstone (BX)-managed funds led a funding round that raised $7.5 billion for CoreWeave, the artificial intelligence infrastructure startup said Friday. The debt financing facility had strategic participation from Magnetar as co-lead investor and Coatue, CoreWeave said. The startup said that participants in the financing also included Carlyle Group ( CG ) , CDPQ,...

09:13 AM EDT, 05/17/2024 (MT Newswires) -- New Gold Inc. ( NGD ) on Friday closed its 'bought deal' equity financing of 100,395,000 common shares, including 13,095,000 common shares issued upon the full exercise of the underwriters' over-allotment option. At a price of US$1.72 per common share, the company raised aggregate gross proceeds of $172,679,400 pursuant to the offering. The...

XPeng Inc. ( XPEV ) shares are trading lower in the premarket session on Friday. The company reportedly expressed concerns that new U.S. tariffs on Chinese EVs could impede progress toward carbon neutrality and the green energy transition, Reuters reported. “It will result in higher costs,” Xpeng ( XPEV ) co-President Brian Gu told media in Hong Kong where the company launched two EV models, Reuters added....

09:06 AM EDT, 05/17/2024 (MT Newswires) -- Amir Weiss, Chief Accounting Officer, around May 15, 2024, sold 28,135 shares in Teva Pharmaceutical Industries ( TEVA ) for $470,794. Following the Form 4 filing with the SEC, Weiss has control over a total of 5,179 shares of the company, with 5,179 shares held directly. SEC Filing: https://www.sec.gov/Archives/edgar/data/818686/000095017024061334/xslF345X03/ownership.xml Price: 16.17, Change: -0.13,...

TL;DR Ripples legal battle with the SEC sees renewed optimism with Gary Genslers resignation and speculation of the case being dropped under new leadership. Legal experts suggest a possible $125M settlement or restructured terms, though opinions on dismissal vary. Is the End Near? Despite the numerous developments as of late, the lawsuit between Ripple and the US Securities and Exchange...

ADA broke above $1! Key Support levels: $0.90 Key Resistance levels: $1.3 1. Buyers Sent the Price Above $1 For the first time since 2022, ADA has returned above $1. This impressive performance has made this cryptocurrency the center of attention lately. However, buyers are currently trying to keep the price above this key psychological level. If they succeed, the...

TL;DR Analysts predict SHIB could see significant gains if it breaks key resistance, with reduced exchange supply supporting the bullish forecasts. Shibarium’s progress could also drive the meme coins next rally. SHIB Gearing up for Another Pump? The cryptocurrency market experienced a substantial correction in the past few days, with leading assets like Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and...

The federal appeals court ruled against the US Treasury Departments sanctions on Tornado Cash in a Court of Appeals in New Orleans on Tuesday, Nov. 26. The three-judge panel determined that the Treasury overstepped its legal authority by sanctioning the software itself rather than specific individuals or entities. The court found that the Tornado Cash software’s code cannot be classified...