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Kiwi extends gains after data
Kiwi extends gains after data
Aug 7, 2025
The New Zealand dollar rose on Thursday against most major currencies following the release of economic data. Government data published earlier today showed that New Zealands quarterly inflation expectations for Q3 2025 came in at 2.28%, slightly down from the previous reading of 2.29%. As of 21:00 GMT, the New Zealand dollar climbed 0.5% against the US dollar to trade...
Yen moves in a negative zone after remarks by Japanese leaders
Yen moves in a negative zone after remarks by Japanese leaders
Aug 7, 2025
The Japanese yen declined in Asian markets on Thursday against a basket of major and minor currencies, retreating from its two-week high against the US dollar amid active profit-taking and corrective movements. The drop followed less hawkish comments from Japanese political leaders, which reduced expectations of a rate hike by the Bank of Japan in September. Meanwhile, the yield on...
Kiwi gains ground after positive jobs data
Kiwi gains ground after positive jobs data
Aug 6, 2025
The New Zealand dollar strengthened against most major currencies during Wednesday trading following the release of upbeat employment data. Government figures showed that the employment change index in New Zealand declined by 0.1% in the second quarter, in line with expectations. The data also revealed that the unemployment rate in New Zealand rose to 5.2% in Q2, up from 5.1%...
US dollar retreats to 10-day trough as tariffs get into effect
US dollar retreats to 10-day trough as tariffs get into effect
Aug 7, 2025
The US dollar continued its decline against major currencies on Thursday, as growing expectations of interest rate cuts by the Federal Reserve combined with rising concerns over partisan divisions creeping into key American institutions. Initial jobless claims in the US are under scrutiny after last weeks disappointing employment data, which contributed to the dollars weakness. In contrast, the euro found...
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Wall St Week Ahead-Investors look to earnings to support record-high stock prices
Wall St Week Ahead-Investors look to earnings to support record-high stock prices
Oct 5, 2024
* Friday data shows strong US labor market growth * S&P 500's P/E ratio of 21.5 times, well above historic average * Q3 earnings expected to have climbed 4.7%, per UBS By Lewis Krauskopf NEW YORK, Oct 4 (Reuters) - A high-stakes corporate earnings season kicks into gear next week, with bullish investors hoping results will justify increasingly rich valuations...
Sector Update: Tech
Sector Update: Tech
Oct 5, 2024
01:39 PM EDT, 10/04/2024 (MT Newswires) -- Tech stocks were higher Friday afternoon, with the Technology Select Sector SPDR Fund (XLK) up 0.7% and the SPDR S&P Semiconductor ETF (XSD) climbing 1.6%. The Philadelphia Semiconductor index added 1.2%. In corporate news, Meta Platforms ( META ) launched Friday a new artificial intelligence tool called Movie Gen that can generate videos...
Top Midday Decliners
Top Midday Decliners
Oct 5, 2024
02:01 PM EDT, 10/04/2024 (MT Newswires) -- Spirit Airlines ( SAVE ) shares slumped 27% after The Wall Street Journal reported that the budget carrier is in talks with bondholders for the terms of a potential bankruptcy filing. Spirit is also looking at restructuring its balance sheet through an out-of-court transaction, the report said, citing unnamed people familiar with the...
Sector Update: Consumer
Sector Update: Consumer
Oct 5, 2024
03:22 PM EDT, 10/04/2024 (MT Newswires) -- Consumer stocks rose late Friday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) up 0.2% and the Consumer Discretionary Select Sector SPDR Fund (XLY) adding 1%. In corporate news, Tempur Sealy International ( TPX ) has filed a complaint asking a federal court in Texas to prevent administrative proceedings by the...
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Vera Therapeutics Says Trial of Kidney Disease Drug Achieves Primary Endpoint; Shares Jump
Vera Therapeutics Says Trial of Kidney Disease Drug Achieves Primary Endpoint; Shares Jump
Jun 2, 2025
10:31 AM EDT, 06/02/2025 (MT Newswires) -- Vera Therapeutics ( VERA ) shares climbed by nearly 60% in recent Monday trading after the biotechnology firm said a phase 3 trial of atacicept to treat immunoglobulin A nephropathy in adults achieved its primary endpoint. The primary efficacy endpoint was the change in 24-hour urine protein-to-creatinine ratio versus placebo at the 36-week...
ConnectOne Bancorp Completes Merger With First of Long Island
ConnectOne Bancorp Completes Merger With First of Long Island
Jun 2, 2025
10:32 AM EDT, 06/02/2025 (MT Newswires) -- ConnectOne Bancorp ( CNOB ) said Monday it completed its merger with First of Long Island ( FLIC ) . The combined company is operating under the ConnectOne brand and has about $14 billion in assets. First of Long Island ( FLIC ) shareholders received 0.5175 shares of ConnectOne common stock for each...
Google to spend $500 million revamping compliance in shareholder settlement
Google to spend $500 million revamping compliance in shareholder settlement
Jun 2, 2025
* Shareholders say accord to instill Google 'culture change' * Judge considering how to address Google search monopoly * Google not immediately available for comment By Jonathan Stempel June 2 (Reuters) - Google agreed to spend $500 million over 10 years to overhaul its compliance structure, to settle shareholder litigation accusing the search engine company of antitrust violations, settlement papers...
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
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Bitcoin’s Cup & Handle Playbook Points to Explosive Expansion
Bitcoin’s Cup & Handle Playbook Points to Explosive Expansion
Sep 25, 2025
TL;DR Bitcoin’s cycle charts show cup handle formations that historically triggered steep breakout expansions. Analysts track support at $111K and $90K–$92K, with upside resistance mapped toward $123K. Recurring Cycle Patterns Crypto analyst Merlijn The Trader shared that Bitcoin’s chart is once again following a familiar structure. His viewpoint highlights recurring cycle patterns that have characterized past market phases. In earlier...
Ripple (XRP) Defends a Critical Level – Is a Massive Double
Ripple (XRP) Defends a Critical Level – Is a Massive Double
Sep 25, 2025
TL;DR Popular analysts highlight $2.71 and $2.75 as key support levels, envisioning upside potential toward $3.60 if buying pressure builds. Some traders predict XRP could mirror its 2017 breakout and even aim for new all-time highs. Optimism is fueled by rumors of more US spot XRP ETFs following the launch of XRPR, which debuted with over $37M in first-day volume....
Ethereum’s $470M Liquidation Isn’t August All Over Again: Here’s Why This Drop Feels Different
Ethereum’s $470M Liquidation Isn’t August All Over Again: Here’s Why This Drop Feels Different
Sep 25, 2025
Ethereums latest liquidation event may look similar on the surface to Augusts flush-out, but the underlying market pattern tells a very different story. Data suggest that the previous wipeout reset leverage in a buyer-controlled uptrend, while this weeks crash unfolded in a seller-dominated, bearish setup. Ethereum Flashback? Not Quite In the past two months, the network has witnessed only two...
Cardano at a Crossroads: Can ADA Still Explode 25%?
Cardano at a Crossroads: Can ADA Still Explode 25%?
Sep 25, 2025
TL;DR One famous analyst highlighted $0.80 as a crucial support level that ADA must hold. Another market observer predicts a bounce starting mid-October that could drive the asset to a new all-time high by Christmas. Did ADA Lose Its Chance? It has been just over a month since Cardanos ADA surged above $1. Since then, though, it has been on...
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