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Aussie is best performing major currency after RBA's bullish meeting
Aussie is best performing major currency after RBA's bullish meeting
Jun 18, 2024
The Australian dollar rose in Asian trade against a basket of major rivals, rebounding off a week low against its US counterpart and becoming the best performing major currency following the RBAs decisions. The Reserve Bank of Australia decided to hold interest rates unchanged today and warned from continued inflation risks, which reduced the odds of interest rate cuts this...
Euro tries to recoup amid pressure from French politics
Euro tries to recoup amid pressure from French politics
Jun 17, 2024
Euro rose in European trade on Monday against a basket of major rivals, holding its ground above six-week lows while still under heavy pressure amid political uncertainty in France. Global markets expect French President Emanuel Macrons party to lose the upcoming legislative elections to the far right. Such developments could disrupt the markets and especially the government debt situation, which...
Central Bank Watch: Upcoming Decisions from BoE and SNB Set to Impact EUR Pairs
Central Bank Watch: Upcoming Decisions from BoE and SNB Set to Impact EUR Pairs
Jun 17, 2024
Euro Analysis: (EUR/USD, EUR/GBP, EUR/CHF) EUR/USD encapsulates the forces of a stronger USD and weaker euroBank of England to tee up Rate cut this Summer?Will the SNB cut rates again despite Chairman Jordan’s currency commentsThe analysis in this article makes use of chart patterns and key support and resistance levels. For more information visit our comprehensive education libraryUK data returns...
Yen moves in a negative zone after BOJ's meeting
Yen moves in a negative zone after BOJ's meeting
Jun 17, 2024
Yen declined in Asian trade on Monday against a basket of major rivals, moving in a negative zone for the third session against the dollar and approaching six-week lows following the Bank of Japans policy meeting. The yen is also pressured by improving US 10-year treasury yields as markets await more clues on the future of US interest rates. The...
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Equity Markets Drop Intraday as Tech Stocks Selloff, FOMC Meeting Kicks Off
Equity Markets Drop Intraday as Tech Stocks Selloff, FOMC Meeting Kicks Off
Mar 18, 2025
02:23 PM EDT, 03/18/2025 (MT Newswires) -- US equity indexes fell intraday Tuesday, weighed down by a selloff in technology stocks including Tesla (TSLA), as the Federal Reserve's two-day monetary policy meeting got underway. The Nasdaq Composite fell 1.6% to 17,529.7. The S&P 500 slid 1% to 5,619, while the Dow Jones Industrial Average was down 0.6% to 41,604.1. All...
Update: Gold Rises to Another Record on a Wave of Middle East Violence
Update: Gold Rises to Another Record on a Wave of Middle East Violence
Mar 18, 2025
02:00 PM EDT, 03/18/2025 (MT Newswires) -- (Updates prices.) Gold rose to a fresh record high mid-afternoon on Tuesday, firming above the US$3,000 mark as renewed violence in the Middle East prompts yet more safe-haven buying. Gold for April delivery was last seen up US$34.10 to US$3,040.20 per ounce, the third-straight day the precious metal has traded above US$3,000. The...
US STOCKS-Wall Street stumbles with Fed decision eyed
US STOCKS-Wall Street stumbles with Fed decision eyed
Mar 18, 2025
* Nvidia ( NVDA ) falls as annual software developer conference gets underway * Tesla falls after RBC lowers price target * Alphabet declines after $32 billion deal to buy Wiz * Indexes down: Dow 0.54%, S&P 500 0.98%, Nasdaq 1.58% (Updates to mid-afternoon trading) By Chuck Mikolajczak NEW YORK, March 18 (Reuters) - U.S. stocks fell on Tuesday, on...
Top Midday Decliners
Top Midday Decliners
Mar 18, 2025
02:16 PM EDT, 03/18/2025 (MT Newswires) -- REE Automotive ( REE ) said Tuesday it signed a non-binding memorandum of understanding with an unnamed technology company to develop and produce thousands of autonomous vehicles based on its P7 platform. The company said it plans to sign a strategic agreement by the end of 2025, and the collaboration will likely generate...
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ED attaches over Rs 10-crore assets in resort scam involving ex-Maha minister Anil Parab
ED attaches over Rs 10-crore assets in resort scam involving ex-Maha minister Anil Parab
Jan 4, 2023
The probe pertains to Dapoli resort, which is allegedly illegal. The former minister and Shiv Sena (Uddhav) leader, Anil Parab, allegedly wangled a permit to use land meant for agricultural use. The ED had started the investigation under the the Prevention of Money Laundering Act (PMLA) after a complaint from the Environment Ministry.
What is the debate over Biodiversity Bill, likely to be tabled in monsoon session of Parliament
What is the debate over Biodiversity Bill, likely to be tabled in monsoon session of Parliament
Jul 12, 2023
The new bill exempts registered AYUSH practitioners and people accessing codified traditional knowledge, from sharing benefits with local communities or giving prior intimation to state biodiversity boards before accessing biological resources.
Lok Sabha passes Forest (Conservation) Amendment Bill — All you need to know
Lok Sabha passes Forest (Conservation) Amendment Bill — All you need to know
Jul 11, 2023
Activists have contended that words like "ecotourism facilities" and "any other purposes" are too vague and may pave the way for widespread exploitation and misuse.
Govt blames inaction by AAP in Punjab, Delhi for bad air quality
Govt blames inaction by AAP in Punjab, Delhi for bad air quality
Nov 6, 2023
Accusing Kejriwal of being busy with election campaigning in poll-bound states and waking up to the situation late, Minister of State for Consumer Affairs, Food, and Public Distribution, Ashwini Kumar Choubey, said that the Centre had held a meeting with Chief Secretaries and senior officials from four North Indian states on 20th October to discuss measures to reduce air pollution, which he claims weren't adopted by the AAP-led governments.
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First Quantum expects drilling results for Peru copper project next year, manager says
First Quantum expects drilling results for Peru copper project next year, manager says
Sep 13, 2024
LIMA, Sept 12 (Reuters) - Canadian miner First Quantum Minerals ( FQVLF ) expects updated drilling results for La Granja copper project in Peru in the second half of next year, project development manager Steven Lewis said on Thursday. The company is also working to complete feasibility studies for the project by 2028, he said. ...
Mission Produce Insider Sold Shares Worth $689,018, According to a Recent SEC Filing
Mission Produce Insider Sold Shares Worth $689,018, According to a Recent SEC Filing
Sep 13, 2024
04:14 PM EDT, 09/12/2024 (MT Newswires) -- Stephen J Barnard, Director, CEO, on September 12, 2024, sold 52,920 shares in Mission Produce ( AVO ) for $689,018. Following the Form 4 filing with the SEC, Barnard has control over a total of 3,917,231 shares of the company, with 181,389 shares held directly and 3,735,842 controlled indirectly. SEC Filing: https://www.sec.gov/Archives/edgar/data/1802974/000182580324000007/xslF345X05/wk-form4_1726171686.xml Price:...
Insulet Insider Sold Shares Worth $1,718,283, According to a Recent SEC Filing
Insulet Insider Sold Shares Worth $1,718,283, According to a Recent SEC Filing
Sep 13, 2024
04:14 PM EDT, 09/12/2024 (MT Newswires) -- Jessica Hopfield, Director, on September 11, 2024, sold 7,628 shares in Insulet ( PODD ) for $1,718,283. Following the Form 4 filing with the SEC, Hopfield has control over a total of 26,917 shares of the company, with 26,917 shares held directly. SEC Filing: https://www.sec.gov/Archives/edgar/data/1145197/000112760224023843/xslF345X05/form4.xml ...
Open Lending Appoints Charles Jehl as Chief Executive
Open Lending Appoints Charles Jehl as Chief Executive
Sep 13, 2024
04:13 PM EDT, 09/12/2024 (MT Newswires) -- Open Lending ( LPRO ) said Thursday its board appointed Chief Financial Officer Charles Jehl as chief executive, effective immediately. Jehl will continue working as interim CFO while the company searches for a replacement, according to Open Lending ( LPRO ). Jehl has served as interim CEO and COO since March 2024 and...
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Spot Bitcoin ETF Options Could Attract Longer
Spot Bitcoin ETF Options Could Attract Longer
Oct 3, 2024
The United States spot Bitcoin exchange-traded fund (ETF) market is seeing a new wave of trading alternatives, including the availability of options. This latest move could attract liquidity and longer-term investors to the Bitcoin ecosystem, but it has a downside. According to a CryptoQuant report, the availability of options for spot Bitcoin ETFs could increase the paper supply of BTC,...
Which Cryptocurrencies Have the Highest Number of Daily Active Addresses?
Which Cryptocurrencies Have the Highest Number of Daily Active Addresses?
Oct 3, 2024
An analysis by market intelligence platform IntoTheBlock has discovered the number of daily active addresses for major cryptocurrencies. This metric offers insights into the intensity of user activity on these networks. According to data gathered by IntoTheBlock, these crypto assets include large-cap altcoins like Solana (SOL), meme coins like Dogecoin (DOGE), and the largest of the bunch Bitcoin (BTC). Solana...
FTX Distribution Rumors Debunked: No Imminent Payouts Despite Social Media FUD
FTX Distribution Rumors Debunked: No Imminent Payouts Despite Social Media FUD
Oct 3, 2024
Rumors abound on crypto social media suggesting that the embattled exchange FTX will start distributing as much as $11 billion to creditors on Oct. 1. “MartyParty” told his 116,000 X followers to sell their ETH, ADA, and DOT before this week’s distributions while shilling SOL and SUI. Meanwhile, crypto advisor Dan Held told his 720,000 X followers, “$16B in distributions...
3 Bearish Shiba Inu Signals as the SHIB Price Loses Momentum: Details
3 Bearish Shiba Inu Signals as the SHIB Price Loses Momentum: Details
Oct 3, 2024
TL;DR SHIBs price dropped amid decreased activity on its Shibarium network and lower large transaction volume. On the other hand, the burn rate surged by 3,600%, suggesting potential resurgence through increased scarcity. A Step Back for SHIB The popular meme coin Shiba Inu has performed quite well recently, registering a 40% price increase on a two-week scale. It reached a...
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