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...

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...

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...

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...

06:50 AM EST, 12/12/2024 (MT Newswires) -- The most-talked-about stocks in the Reddit ( RDDT ) subforum Wallstreetbets were mixed hours before Thursday's opening bell. Reddit ( RDDT ) advanced by 0.5% in pre-bell hours after closing Wednesday with a 6.4% increase. Alphabet (GOOG) was 0.4% higher premarket following a 5.5% rise from the previous session. Advanced Micro Devices (...

(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window.) * Adobe drops after forecasting 2025 revenue below estimates * Centene ( CNC ) rises after guiding 2025 profit above expectations * Futures down: Dow 0.17%, S&P 500 0.20%, Nasdaq 0.35% (Updates prices, adds comment) By Purvi Agarwal and Shashwat...

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05:17 AM EST, 12/12/2024 (MT Newswires) -- US long-term investors ought to focus on portfolio rebalancing and maximizing their diversification following the recent outsized stock-market gains, Morgan Stanley said in a research note. Investors should look at stocks, bonds, inflation-adjusted assets, hedge funds, and private investments to diversify their portfolio, Lisa Shalett, Chief Investment Officer of Wealth Management at Morgan...

Sugar Price Analysis Expected Scenario Sugar price didnt show any strong move yesterday, maintaining stability below the 22.20$ level. As a result, the bearish outlook remains unchanged, targeting 21.35$ as the next main station. Breaking 22.00$ will facilitate reaching the awaited target. The continuation of the bearish wave depends on price stability below 22.20$ and, most importantly, below 22.60$. Expected...

Crude oil price rallied upwards to surpass our first target at 86.75$ and confirms the continuation of the bullish trend domination in the upcoming sessions, opening the way to head towards 89.40$ as a next target, reminding you that the continuation of the bullish wave depends on the price stability above 85.05$. ...

Wheat Price Analysis Expected Scenario Wheat price tested the 569.80$ level and encountered solid resistance. Stochastic indicates a positive overlap, supporting the possibility of surpassing this level and initiating further bullish correction. The next positive target is awaited at 583.50$. The bullish trend scenario remains valid and active, conditioned by price stability above 552.80$. Expected Trading Range Between 555.00$ support...

Ratings for CDW were provided by 4 analysts in the past three months, showcasing a mix of bullish and bearish perspectives. The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 1 2 1 0...

On March 3, Modi had announced he would give his social media platforms to women to handle on Women's Day.

The Kamal Nath-led Congress government in Madhya Pradesh was left tottering as 10 MLAs close to Scindia, including some ministers, were on Monday flown to Bengaluru in BJP-ruled Karnataka by a chartered flight.

Madhya Pradesh saw a huge political drama after 10 MLAs of the ruling Congress abruptly left the state.

AIADMK also allotted one Rajya Sabha seat to former Union Minister and Tamil Maanila Congress chief GK Vasan.

LONDON--(BUSINESS WIRE)--   FORM 8.3 PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE Rule 8.3 of the Takeover Code (the “Code”) 1. KEY INFORMATION (a) Full name of discloser: SAMSON ROCK CAPITAL LLP (b) Owner or controller of interests and short positions disclosed, if different from 1(a): The naming of nominee...

Aug 11 (Reuters) - Trump Media & Technology Group ( DJT ), founded by U.S. President Donald Trump and known for its Truth Social platform, reported a wider second-quarter loss, largely due to unrealized losses tied to its cryptocurrency assets. Its second-quarter net loss jumped to $238.1 million from about $20 million a year earlier, the company said in a...

LONDON--(BUSINESS WIRE)--   FORM 8.3 PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE Rule 8.3 of the Takeover Code (the “Code”) 1. KEY INFORMATION (a) Full name of discloser: SAMSON ROCK CAPITAL LLP (b) Owner or controller of interests and short positions disclosed, if different from 1(a): The naming of nominee...

LONDON--(BUSINESS WIRE)--   FORM 8.3 PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE Rule 8.3 of the Takeover Code (the “Code”) 1. KEY INFORMATION (a) Full name of discloser: SAMSON ROCK CAPITAL LLP (b) Owner or controller of interests and short positions disclosed, if different from 1(a): The naming of nominee...

PENGU, the newly-launched cryptocurrency of the Pudgy Penguins ecosystem, suffered a sharp decline in value a day after it went live. At the time of writing, data from CoinGecko showed that the token had fallen by 57.8% within 24 hours to settle at $0.02892. Airdrop Aftermath The highly-anticipated airdrop launched on December 17 saw about 62.8 billion PENGU tokens distributed...

Following several consecutive days of seeing mostly gains and charting new peaks, bitcoin has finally retraced by dropping by over four grand over the past 12 hours or so. The altcoins have followed suit, with notable price drops evident from the likes of ETH, DOGE, ADA, TRX, AVAX, and more. BTC Falls by $4K The primary cryptocurrency bounced off its...

Ethena Labs officially launched USDtb, a new stablecoin backed by BlackRocks USD Institutional Digital Liquidity Fund (BUIDL), on December 16th. Developed in partnership with Securitize, USDtb is designed to operate like existing fiat-backed stablecoins such as USDC and USDT, with reserves invested in cash or cash-equivalent assets to maintain a 1:1 value ratio. USDtb Debuts According to the official blog...

FTX and its affiliated debtors have announced that their Chapter 11 reorganization plan will officially take effect on January 3, 2025. This day has also been designated as the initial distribution record date for those holding allowed claims in the plans convenience classes. Distribution Details According to a press release, payments for these claims are expected to begin within 60...