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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 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 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 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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TSX Closer: The Market Closes with Another Loss as Excitement Over U.S. Rate Cuts Quickly Fades
TSX Closer: The Market Closes with Another Loss as Excitement Over U.S. Rate Cuts Quickly Fades
Sep 23, 2024
04:34 PM EDT, 09/18/2024 (MT Newswires) -- The Toronto Stock Exchange closed lower for a second-straight day on Wednesday, as investor enthusiasm following the U.S. Federal Reserve's first rated cut in four years quickly faded. After briefly touching a session high of 23,780.22 following the rate decision, the S&P/TSX Composite Index closed down 85.13 points to eventually land at 23,592.57,...
Sector Update: Health Care Stocks Fall
Sector Update: Health Care Stocks Fall
Sep 23, 2024
04:04 PM EDT, 09/18/2024 (MT Newswires) -- Health care stocks fell Wednesday with the NYSE Health Care Index down 0.1% and the Health Care Select Sector SPDR Fund (XLV) dropping 0.2%. The iShares Biotechnology ETF (IBB) declined 0.2%. In corporate news, Vivos Therapeutics ( VVOS ) shares surged 48% after the company said it received the US Food and Drug...
Denison, Foremost Both Up in US Pre-Market on $30 Million Option Agreement
Denison, Foremost Both Up in US Pre-Market on $30 Million Option Agreement
Sep 24, 2024
07:46 AM EDT, 09/24/2024 (MT Newswires) -- Denison Mines ( DNN ) said Tuesday that it signed an option agreement with a Nasdaq-listed company to be renamed Foremost Clean Energy (FAT.CN), granting Foremost an option to acquire up to 70% of Denison's interest in 10 uranium exploration properties. Following the news, Denison's share price was up 1.7% to US$1.80 in...
Dow Settles At New Record High: Investor Sentiment Declines But Fear Index Remains In 'Greed' Zone
Dow Settles At New Record High: Investor Sentiment Declines But Fear Index Remains In 'Greed' Zone
Sep 23, 2024
The CNN Money Fear and Greed index showed a decline in the overall market sentiment, while the index remained in the “Greed” zone on Friday. U.S. stocks settled higher on Friday, with the Dow Jones index settling at a record high during the session. The US Federal Reserve, on Wednesday, slashed interest rates by 50 basis points Wednesday at its...
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Oracle shares rise 9% after Trump unveils $500 billion AI plan
Oracle shares rise 9% after Trump unveils $500 billion AI plan
Jan 21, 2025
LONDON (Reuters) - Oracle shares jumped nearly 9% in Frankfurt on Wednesday, after U.S. President Donald Trump said the company would make a large investment in artificial intelligence infrastructure, together with OpenAI and SoftBank. The joint venture, called Stargate, plans to invest $500 billion, Trump said at the White House the previous day. Oracle shares rose 3% after the closing...
PRESS DIGEST- Wall Street Journal - Jan 22
PRESS DIGEST- Wall Street Journal - Jan 22
Jan 21, 2025
Jan 22 (Reuters) - The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy. -President Donald Trump is using the threat of imposing stiff tariffs on goods from Canada and Mexico as soon as next week to pressure the two nations to start renegotiating a continental...
Netflix shares soar on record subscriber gains, planned price hikes
Netflix shares soar on record subscriber gains, planned price hikes
Jan 21, 2025
LONDON (Reuters) - Netflix shares listed in Frankfurt rose 14.3% in early trading on Wednesday after the streaming service said on Tuesday it attracted a record number of subscribers over the holiday quarter. The company said it plans to hike prices in the U.S., Canada, Portugal and Argentina after adding 18.9 million subscribers in its fourth quarter. The company's shares...
Netflix shares soar on record subscriber gains, planned price hikes
Netflix shares soar on record subscriber gains, planned price hikes
Jan 21, 2025
LONDON (Reuters) - Netflix shares listed in Frankfurt rose 14.3% in early trading on Wednesday after the streaming service said on Tuesday it attracted a record number of subscribers over the holiday quarter. The company said it plans to hike prices in the U.S., Canada, Portugal and Argentina after adding 18.9 million subscribers in its fourth quarter. The company's shares...
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Crypto VC Giant a16z Founders Donate $5M to Trump Super PAC
Crypto VC Giant a16z Founders Donate $5M to Trump Super PAC
Oct 17, 2024
According to filings with the United States Federal Election Commission, Marc Andreessen and Ben Horowitz each donated $2.5 million to a pro-Trump super PAC called Right For America. Their support for Trump is based on his policies being seen as beneficial to the crypto industry and startups, which they call the “little tech agenda,” according to a Bloomberg report on...
‘Quality of FUD Falling Off a Cliff:’ Ethereum Community Fights Misinformation  
‘Quality of FUD Falling Off a Cliff:’ Ethereum Community Fights Misinformation  
Oct 17, 2024
Ethereum advocates are fighting back against a wave of misinformation and FUD targeting the ecosystem. The attacks come as ETH has underperformed rival layer-1 blockchain tokens, sparking more crypto tribalism. On Oct. 17, independent Ethereum educator and angel investor Anthony Sassano lashed out at Multicoin Capital co-founder Kyle Samani for posting “blatant misinformation.” Ethereum FUD Escalates Samani had earlier replied to...
High
High
Oct 17, 2024
High-risk cryptocurrency loans are rising again, and according to insights from analysts, the growth cannot be considered a positive occurrence for the digital asset space. Data from the market analytics platform IntoTheBlock shows that high-risk loans have surged to the $5 million region, a level last seen during the crash of many crypto lenders in May/June 2022. High-risk Loans Spike...
Important Ripple v. SEC Lawsuit Updates, Bitcoin (BTC) Price Rally, and More: Bits Recap Oct 17
Important Ripple v. SEC Lawsuit Updates, Bitcoin (BTC) Price Rally, and More: Bits Recap Oct 17
Oct 17, 2024
TL;DR Ripple and SEC are entering a new phase in their lawsuit, with filings and appeals extending the case. Bitcoin briefly surged past $68,000, fueling optimism about a potential bull run with some analysts predicting new all-time highs. Dogecoin soared to almost $0.13, attracting attention with some bold but unlikely forecasts for further gains. What to Expect on the Ripple...
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