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Euro rebounds ahead of major eurozone data
Euro rebounds ahead of major eurozone data
Oct 27, 2024
The euro rose in European trade on Thursday against a basket of major rivals after a wave of losses across three sessions, with the euro eventually settling above 3-⅕ month lows against the US dollar. It comes ahead of major data on the eurozone sectors later today, which would shed important light on the health of the European economy in...
Yen skids to three-month trough as Japanese governing coalition loses majority
Yen skids to three-month trough as Japanese governing coalition loses majority
Oct 28, 2024
The Japanese yen skidded in Asian trade on Monday to three-month lows against the US dollar, after the election loss by the current Japanese parliamentary governing coalition, which could impede future interest rate hikes by the Bank of Japan. The yen is also pressured by a surge in US 10-year treasury yields, amid speculation about a cautious stance by the...
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...
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...
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Sector Update: Health Care
Sector Update: Health Care
May 28, 2024
09:03 AM EDT, 05/28/2024 (MT Newswires) -- Health care stocks were lower to flat pre-bell Tuesday as the Health Care Select Sector SPDR Fund (XLV) was down 0.2% and iShares Biotechnology ETF (IBB) was flat. Insmed ( INSM ) shares were surging past 127% after the company said its experimental drug, brensocatib, for the treatment of bronchiectasis, has met the...
Sector Update: Tech
Sector Update: Tech
May 28, 2024
08:59 AM EDT, 05/28/2024 (MT Newswires) -- Technology stocks were higher pre-bell Tuesday as the Technology Select Sector SPDR Fund (XLK) advanced 0.6% and the SPDR S&P Semiconductor ETF (XSD) was up 0.4% recently. Hello Group ( MOMO ) shares fell 1.8% after the company reported lower Q1 adjusted earnings and revenue. ...
US STOCKS-S&P 500, Nasdaq poised for higher open as investors await inflation data
US STOCKS-S&P 500, Nasdaq poised for higher open as investors await inflation data
May 28, 2024
(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window.) * US moves towards faster stock settlement * Apple ( AAPL ) gains on strong iPhone sales in China * UBS lifts S&P 500's year-end target to Street high of 5,600 * Futures: Dow down 0.08%, S&P up 0.15%, Nasdaq...
Exchange-Traded Funds Higher, Equity Futures Mixed Pre-Bell Tuesday as Earnings Season Wanes
Exchange-Traded Funds Higher, Equity Futures Mixed Pre-Bell Tuesday as Earnings Season Wanes
May 28, 2024
08:48 AM EDT, 05/28/2024 (MT Newswires) -- The broad market exchange-traded fund SPDR S&P 500 ETF Trust ( SPY ) was up 0.2% and the actively traded Invesco QQQ Trust (QQQ) was 0.3% higher in Tuesday's premarket activity, as the earnings season wanes. US stock futures were mixed, with S&P 500 Index futures up 0.2%, Dow Jones Industrial Average futures...
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