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Aussie is worst performing currency after RBA rate cut
Aussie is worst performing currency after RBA rate cut
May 25, 2025
The Australian dollar tumbled on Tuesday against a basket of major rivals, resuming losses against the US counterpart after a short hiatus and becoming the worst performing G8 currency after the RBAs rate cut. The Reserve Bank of Australia voted to cut interest rates by 25 basis points to 3.85%, the lowest since May 2023, as inflation cooled. The Price...
Aussie falls and shrugs off strong employment data
Aussie falls and shrugs off strong employment data
May 25, 2025
The Australian dollar fell against most major rivals on Thursday despite strong labor data. Australia's unemployment rate was unchanged in April at 4.1%, same as March, and matching expectations. The Australian economy added 89.0 thousand new jobs in April, easily beating estimates of a 20.9 thousand addition, while March's reading was revised to show the addition of 32.2 thousand jobs...
Aussie drops after wages data
Aussie drops after wages data
May 25, 2025
The Australian dollar fell against most major rivals on Wednesday following labor data. Australian wages rose 0.9% in the first quarter of the year, above estimates of 0.8%. On trading, the AUD/USD pair rose 0.7% as of 20:56 GMT to 0.6428. Loonie The Canadian dollar fell 0.3% against the greenback as of 20:56 GMT to $0.7155. The US Dollar The...
Aussie hits one-week high after strong wages data
Aussie hits one-week high after strong wages data
May 25, 2025
The Australian dollar rose in Asian trade on Wednesday against a basket of major rivals, expanding gains for the second straight session against the US dollar and hitting a week high, while approaching five-week highs following strong Australian wages data. The data renewed inflationary pressures on the Reserve Bank of Australias policymakers, which hurt the odds of a rate cut...
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Demystifying Akamai Techs: Insights From 8 Analyst Reviews
Demystifying Akamai Techs: Insights From 8 Analyst Reviews
Mar 7, 2024
Akamai Techs underwent analysis by 8 analysts in the last quarter, revealing a spectrum of viewpoints from bullish to bearish. The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 0 4 2 2...
BlackBerry Focuses On Self-Driving Vehicles - Expands Partnership with TTTech Auto To Tackle Software Complexity
BlackBerry Focuses On Self-Driving Vehicles - Expands Partnership with TTTech Auto To Tackle Software Complexity
Mar 7, 2024
BlackBerry Limited ( BB ) on Thursday expanded its partnership with TTTech Auto to address the growing complexity challenges of software-defined vehicles. The partnership will facilitate integration of QNX Operating System (OS) 8.0 with TTTech Auto’s scheduling solutions in a certified product. “The combination of rapid advancements in silicon chip performance, increasing system integration and interdependency, and growing software complexity is creating...
Unity Spices Up Mazda's In-Cabin Car Experience - Plans To Showcase Real-time 3D Tech For Automotive Manufacturers
Unity Spices Up Mazda's In-Cabin Car Experience - Plans To Showcase Real-time 3D Tech For Automotive Manufacturers
Mar 7, 2024
Unity Software Inc. ( U ) inked a new partnership with Mazda Motor Corp. ( MZDAF ) (OTC:MZDAF) to develop a next-generation in-cabin car experience that will deliver a seamless on-road experience for drivers. Mazda’s collaboration aims to enhance cockpit HMI with a new GUI, set for models from 2025-2027 under its 2030 Management Policy. Over the past five years, Unity has seen several...
A Glimpse Into The Expert Outlook On Entegris Through 11 Analysts
A Glimpse Into The Expert Outlook On Entegris Through 11 Analysts
Mar 7, 2024
Entegris ( ENTG ) has been analyzed by 11 analysts in the last three months, revealing a diverse range of perspectives from bullish to bearish. The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 5...
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Exclusive-Logistics provider GLP is considering a Hong Kong listing in 2025, sources say
Exclusive-Logistics provider GLP is considering a Hong Kong listing in 2025, sources say
Nov 28, 2024
HONG KONG/SYDNEY (Reuters) -Logistics company GLP is considering a Hong Kong listing that could happen as early as next year, eight years after the Singapore-incorporated firm was taken private by an investor group, three sources with direct knowledge of the matter said. GLP has held early stage discussions with a small number of financial advisers about the relisting plan, said...
Canada's ABC Technologies to buy British firm TI Fluid in $1.32 bln deal
Canada's ABC Technologies to buy British firm TI Fluid in $1.32 bln deal
Nov 28, 2024
Nov 29 (Reuters) - TI Fluid Systems said on Friday it agreed to be acquired by Canada's ABC Technologies, valuing the British automotive components supplier at 1.04 billion pounds ($1.32 billion). ($1 = 0.7860 pounds) ...
Australian social media ban started with call to act by poilitican's wife
Australian social media ban started with call to act by poilitican's wife
Nov 28, 2024
SYDNEY (Reuters) - Since Meta whistleblower Frances Haugen aired internal emails in 2021 showing the tech giant knew of social media's mental health impacts on teenagers, world leaders have agonised over how to curb the technology's addictive pull on young minds. Even a 2023 recommendation by the U.S. surgeon general to put health warnings on social media, blaming it for...
Global aluminium producers seek Q1 Japan premiums of $230-$260, sources say
Global aluminium producers seek Q1 Japan premiums of $230-$260, sources say
Nov 28, 2024
TOKYO, Nov 29 (Reuters) - Global aluminium producers have offered Japanese buyers premiums of $230-$260 per metric ton for January-March primary metal shipments, up 31%-49% from the current quarter, three sources directly involved in quarterly pricing talks said on Friday. Japan is a major Asian importer of the metal and the premiums for primary metal shipments it agrees to pay...
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Cynthia Lummis Says US Military Leaders Support Bitcoin Reserve
Cynthia Lummis Says US Military Leaders Support Bitcoin Reserve
May 28, 2025
U.S. Senator Cynthia Lummis has stated that American military generals are “big supporters” of a strategic Bitcoin reserve. The Wyoming lawmaker made the remarks earlier this week while addressing attendees at the Bitcoin 2025 conference in Las Vegas. Economic Power and Security According to Lummis, she has spoken to generals who understand that economic power is just as important as...
Crypto Whale James Wynn’s $87M Portfolio Wiped Out in 5 Days: A Detailed Recap
Crypto Whale James Wynn’s $87M Portfolio Wiped Out in 5 Days: A Detailed Recap
May 28, 2025
TL;DR James Wynn an industry participant known across the digital asset space for his high-risk leverage trades became the latest rock star of crypto by making some jaw-dropping trades before the latest Lookonchain update revealed a total wipe-out. In a twist, an anonymous trader profited $5.6M in three days by consistently taking the opposite side of his trades. The Adventures...
Ethereum Price Analysis: What’s Next for ETH After 50% Monthly Surge?
Ethereum Price Analysis: What’s Next for ETH After 50% Monthly Surge?
May 28, 2025
Ethereum continues to consolidate just below a key resistance zone following an impressive rally from earlier this month. While price remains technically bullish, ETH has yet to confirm a breakout above this critical level. Technical Analysis The Daily Chart On the daily chart, ETH is trading just below the confluence of the 200-day and the $2,800 supply level. Yet, the...
Coinbase Says Goodbye to 4 Altcoins and Their Prices Plunge Hard: Details Here
Coinbase Says Goodbye to 4 Altcoins and Their Prices Plunge Hard: Details Here
May 28, 2025
TL;DR Certain digital assets recorded substantial price declines following the latest delisting spree announced by the US-based crypto exchange. In contrast, some of the companys previous listing disclosures have triggered double and even triple-digit rallies. Heading South The leading cryptocurrency exchange Coinbase announced that it will terminate trading services with Helium Mobile (MOBILE), Render (RNDR), Ribbon Finance (RBN), Synapse (SYN)...
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