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Euro moves in a positive zone as US government shutdown looms
Euro moves in a positive zone as US government shutdown looms
Sep 28, 2025
The euro rose in European markets on Monday against a basket of global currencies, extending its rebound for a second straight day from a three-week low against the US dollar, supported by renewed buying at lower levels and a defensive turn in the greenback amid risks of a US government shutdown. Following the latest European Central Bank (ECB) meeting, which...
Yen extends recovery on US government shutdown risks
Yen extends recovery on US government shutdown risks
Sep 28, 2025
The Japanese yen rose in Asian markets on Monday against a basket of major and minor currencies, extending its rebound for a second straight day from an eight-week low against the US dollar, supported by buying activity at lower levels and the dollars defensive stance amid risks of a US government shutdown. A split within the Bank of Japans board...
Euro about to mark weekly loss amid negative pressures
Euro about to mark weekly loss amid negative pressures
Sep 28, 2025
The euro rose in the European market on Friday against a basket of global currencies, attempting to recover from a three-week low against the US dollar, supported by notable buying activity from lower levels. Despite this rebound, the single currency is heading toward its first weekly loss in a month, amid growing negative pressure, especially the broad strength of the...
Yen deepens losses to eight-week trough as inflations slows
Yen deepens losses to eight-week trough as inflations slows
Sep 28, 2025
The Japanese yen fell in Asian markets on Friday against a basket of major and minor currencies, deepening losses for the third consecutive day against the US dollar and hitting its lowest level in eight weeks. It is heading toward its biggest weekly loss in nearly two and a half months, as selling pressure on the currency continues in the...
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US consumer spending declines; annual inflation subsides
US consumer spending declines; annual inflation subsides
Feb 28, 2025
* Consumer spending drops 0.2% in January * PCE price index increases 0.3%; up 2.5% year-on-year * Core PCE inflation rises 0.3%; gains 2.6% year-on-year * Goods trade deficit jumps 25.6% to record $153.3 billion By Lucia Mutikani WASHINGTON, Feb 28 (Reuters) - U.S. consumer spending unexpectedly fell in January while the annual increase in inflation slowed, supporting financial market...
Sector Update: Energy
Sector Update: Energy
Feb 28, 2025
01:22 PM EST, 02/28/2025 (MT Newswires) -- Energy stocks were edging lower Friday afternoon, with the NYSE Energy Sector Index and the Energy Select Sector SPDR Fund (XLE) each easing 0.1%. The Philadelphia Oil Service Sector index fell 1.6%, and the Dow Jones US Utilities index was up 0.1%. Front-month West Texas Intermediate crude oil was declining 0.6% to $69.91...
US STOCKS-Wall Street's main indexes drift higher after inflation data
US STOCKS-Wall Street's main indexes drift higher after inflation data
Feb 28, 2025
(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window.) * Dell falls after forecasting drop in FY26 gross margin * HP falls on downbeat quarterly profit forecast * January PCE price index rises 2.5% YoY * Indexes up: Dow 0.46%, S&P 500 0.40%, Nasdaq 0.39% (Updates to mid-session trading)...
US Equity Indexes March Higher After Inflation Comes in Line With Expectations
US Equity Indexes March Higher After Inflation Comes in Line With Expectations
Feb 28, 2025
12:09 PM EST, 02/28/2025 (MT Newswires) -- US equity indexes rose in midday trading Friday after the Federal Reserve's preferred inflation measure matched market expectations. The Nasdaq Composite rose 0.5% to 18,635.1, with the S&P 500 up 0.5% to 5,887.5 and the Dow Jones Industrial Average 0.5% higher at 43,469.8. The Nasdaq and the S&P 500 briefly traded lower at...
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AIOZ Network Partners With Alibaba Cloud to Boost AI, Storage and Streaming Services
AIOZ Network Partners With Alibaba Cloud to Boost AI, Storage and Streaming Services
Mar 22, 2024
The two companies will establish a DePIN alliance in south-east Asia.AIOZ's native token is currently trading flat after the announcement, it is up by more than 200% in 30 days.AIOZ Network will use Alibaba Cloud to improve Web 3, AI, storage and streaming services.Decentralized infrastructure network (DePIN) AIOZ Network has become the leading blockchain partner in Alibaba Cloud’s Innovation Accelerator...
Japan braces for life with interest rates after historic change
Japan braces for life with interest rates after historic change
Mar 21, 2024
TOKYO, March 22 (Reuters) - In the coming years, Satoaki Kanoh needs to replace almost a dozen ageing machines at his Tokyo-based maker of acrylic panels, a major undertaking that he worries will become even more expensive. Ideally, I'd like to do one a year. But I don't have that much money, Kanoh said of the customised pieces of machinery...
Deep Dive Into Confluent Stock: Analyst Perspectives (17 Ratings)
Deep Dive Into Confluent Stock: Analyst Perspectives (17 Ratings)
Mar 22, 2024
In the preceding three months, 17 analysts have released ratings for Confluent , presenting a wide array 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 7 5 5...
Analysis-Apple antitrust suit mirrors strategy that beat Microsoft, but tech industry has changed
Analysis-Apple antitrust suit mirrors strategy that beat Microsoft, but tech industry has changed
Mar 22, 2024
(Reuters) - The U.S. government's antitrust lawsuit against Apple ( AAPL ) draws on the watershed 1998 case that broke Microsoft's ( MSFT ) stranglehold on desktop software, but that may prove to be an imperfect blueprint for addressing smartphone competition. The market for the iPhone today looks very different from the near-monopoly enjoyed by Microsoft's ( MSFT ) Windows...
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Cardano, Shiba Inu, Jasmy Catch Whale Fever as Large Transactions Spike
Cardano, Shiba Inu, Jasmy Catch Whale Fever as Large Transactions Spike
Jun 6, 2024
Following the recent recovery in the market, certain altcoins have become appealing to buyers, with wealthy investors even beginning to stockpile these assets before prices potentially surge. Cardano (ADA), Shiba Inu (SHIB), and JasmyCoin (JASMY) are experiencing notable price surges, each seemingly driven by increased whale activity. Whales Pile In This week, transactions exceeding $100k on these networks have more...
Big Troubles for Ripple (XRP)? Jim Cramer Tells Gensler the SEC Already Lost
Big Troubles for Ripple (XRP)? Jim Cramer Tells Gensler the SEC Already Lost
Jun 6, 2024
TL;DR Jim Cramer suggested the SEC has lost its case against Ripple, sparking mixed reactions due to his past inaccurate crypto predictions. The lawsuit started in December 2020 over unregistered securities allegations, with the company securing partial court wins in 2023, potentially impacting XRPs price volatility. Mixed Feelings Following Cramers Claim Earlier this week, the popular American TV personality Jim...
Charles Hoskinson Blasts Media’s Negative Portrayal of Cardano’s Prospects
Charles Hoskinson Blasts Media’s Negative Portrayal of Cardano’s Prospects
Jun 6, 2024
Cardano founder Charles Hoskinson has dismissed claims that the network suffers from weak fundamentals. He criticized media outlets for their continued negative portrayal of the ecosystem, asserting a stark contrast between the reality of Cardano’s progress and the media’s depiction. Cardano Founder Refutes Media’s Gloomy Forecasts In a sharp rebuke this week, Hoskinson accused the media of wrongly predicting the...
Robert Kiyosaki Confident Bitcoin Will Hit $350K By August 2024, Here’s How
Robert Kiyosaki Confident Bitcoin Will Hit $350K By August 2024, Here’s How
Jun 6, 2024
Robert Kiyosaki, financial guru and author of Rich Dad Poor Dad, has made a staggering prediction for bitcoin’s (BTC) price in the next two months. In a recent tweet, Kiyosaki said he is confident that BTC will be worth $350,000 by August 25. BTC to Tap $350K in August Kiyosaki said while his prediction may be “suckers bait,” speculation, and...
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