financetom
News
World
Environment
Technology
Politics
Retail
Business
Economy
Market summary >
Editors' picks >
News >
Euro on track for weekly profit on ECB stance
Euro on track for weekly profit on ECB stance
Mar 20, 2026
The euro declined in European trading on Friday against a basket of major currencies, retreating from a one-week high versus the US dollar as part of a correction and profit-taking phase, following its strongest daily gain in two months. Despite the pullback, the single currency remains on track for a weekly gain, supported by the European Central Banks hawkish policy...
Yen tries to recover after BOJ meeting
Yen tries to recover after BOJ meeting
Mar 19, 2026
The Japanese yen rose in Asian trading on Thursday against a basket of major and minor currencies, resuming its recovery against the US dollar and stabilizing above a 20-month low, supported by renewed buying from lower levels following the Bank of Japans monetary policy decision. The Bank of Japan kept interest rates unchanged for the second consecutive meeting, stating that...
Euro resumes gains before ECB decision
Euro resumes gains before ECB decision
Mar 19, 2026
The euro rose in European trading on Thursday against a basket of global currencies, resuming its recovery from seven-month lows against the US dollar, supported by buying activity at cheaper levels and a weaker US currency following the Federal Reserve meeting. The European Central Bank is set to conclude later today its second monetary policy meeting of 2026, with expectations...
Euro under pressure due to global energy prices
Euro under pressure due to global energy prices
Mar 23, 2026
The euro fell in European trading on Monday against a basket of global currencies, extending its losses for the second consecutive day against the US dollar, as investors continued buying the US currency as a preferred safe-haven asset amid the escalation of the war in the Middle East. Tensions between the United States and Iran have intensified over the Strait...
World >
Market >
US equity funds draw big inflows on bank earnings, rate cut hopes
US equity funds draw big inflows on bank earnings, rate cut hopes
Oct 18, 2024
(Reuters) - U.S. investors made large investments in equity funds in the week to Oct. 16, buoyed by strong third-quarter earnings from U.S. lenders and optimism over a potential Federal Reserve rate cut in November and signs of cooling inflation. According to LSEG data, U.S. equity funds drew a sharp $20.08 billion in net purchases during the week, following about...
COLUMN-US equity bears are no match for FOMO + TINA: McGeever
COLUMN-US equity bears are no match for FOMO + TINA: McGeever
Oct 18, 2024
(The opinions expressed here are those of the author, a columnist for Reuters.) By Jamie McGeever ORLANDO, Florida, Oct 18 (Reuters) - FOMO and TINA are two English-language acronyms that have become common parlance in financial markets. Together, they help explain the relentless rise of U.S. equities - a trend that now should probably be raising red flags. Investors' fear...
Sector Update: Energy Stocks Decline Premarket Friday
Sector Update: Energy Stocks Decline Premarket Friday
Oct 18, 2024
09:22 AM EDT, 10/18/2024 (MT Newswires) -- Energy stocks were declining premarket Friday with the Energy Select Sector SPDR Fund ( XLE ) 0.2% lower recently. The United States Oil Fund ( USO ) and the United States Natural Gas Fund ( UNG ) were both 1.5% lower. Front-month US West Texas Intermediate crude oil was 1.3% lower at $69.73...
Sector Update: Financial Stocks Lean Lower Pre-Bell Friday
Sector Update: Financial Stocks Lean Lower Pre-Bell Friday
Oct 18, 2024
09:21 AM EDT, 10/18/2024 (MT Newswires) -- Financial stocks were leaning lower pre-bell Friday as the Financial Select Sector SPDR Fund ( XLF ) was down 0.1% recently. The Direxion Daily Financial Bull 3X Shares ( FAS ) was down 0.3% and its bearish counterpart Direxion Daily Financial Bear 3X Shares ( FAZ ) was 0.6% higher. Several of Japan's...
Environment >
Technology >
Tesla halts driving-assistance software trial in China, pending approval
Tesla halts driving-assistance software trial in China, pending approval
Mar 24, 2025
BEIJING, March 24 (Reuters) - Tesla said on Monday it would release its smart driving-assistance feature in China after completing regulatory approval, following complaints that a limited-time free trial of its Full Self-Driving service had been temporarily paused. All parties are actively advancing the relevant process and we will push it to you as soon as it is ready. We...
Tesla says will release FSD feature in China after software approval
Tesla says will release FSD feature in China after software approval
Mar 24, 2025
BEIJING (Reuters) - Tesla on Monday said it will release its smart driving-assistance feature in China after completing approval of relevant software. The announcement, via the company's customer support Weibo account, came after Chinese social media users said Tesla's roll out of a free trial of Full Self-Driving (FSD) service in China initially scheduled between March 17 and April 16...
German space startup postpones rocket launch from Norway
German space startup postpones rocket launch from Norway
Mar 24, 2025
OSLO (Reuters) - German startup Isar Aerospace said on Monday it has postponed the launch of a space rocket from Norway due to adverse weather conditions and will try again at a later time. The Spectrum rocket is intended to become the first orbital flight to originate from Europe, where several nations, including Sweden and Britain, have said they want...
What 9 Analyst Ratings Have To Say About Coherent
What 9 Analyst Ratings Have To Say About Coherent
Mar 24, 2025
Analysts' ratings for Coherent over the last quarter vary from bullish to bearish, as provided by 9 analysts. In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 3 2 4 0 0...
Personal Finance >
Politics >
Retail >
Business >
US set to allow General Electric to make engines in India for latter's military jets
US set to allow General Electric to make engines in India for latter's military jets
May 31, 2023
The deal is not finalized and also requires notification to the US Congress, according to two of the people briefed on the arrangement.
Berkshire Hathaway's annual meeting: 92-year-old Warren Buffett won't be replaced soon, says board member
Berkshire Hathaway's annual meeting: 92-year-old Warren Buffett won't be replaced soon, says board member
May 6, 2023
Ron Olson told a group of investors gathered ahead of Saturday’s annual meeting that after spending a lot of time with both legendary investors, he doesn’t think a transition to Greg Abel as CEO is imminent.
India extends $1 billion credit line for Sri Lanka by a year
India extends $1 billion credit line for Sri Lanka by a year
May 9, 2023
The credit line, part of about $4 billion in emergency assistance extended by India during the peak of Sri Lanka's financial crisis early last year, was scheduled to end in March.
Berkshire Hathaway annual meeting updates: Warren Buffett, Charlier Munger share key investment lessons
Berkshire Hathaway annual meeting updates: Warren Buffett, Charlier Munger share key investment lessons
May 6, 2023
Billionaire investor Warren Buffett’s Berkshire Hathaway hosted its annual shareholder meeting on Saturday. During the shareholder meeting, Buffett, 92, who is Berkshire's chairman and chief executive, and Charlie Munger, 99, a vice chairman, answered five hours of questions. Vice Chairman Greg Abel, 60, who would become CEO if Buffett were no longer in charge, and Vice Chairman Ajit Jain, 71, also took some questions. Earlier, Warren Buffett’s company said its first-quarter profits soared along with the paper value of its investment portfolio. Catch LIVE updates on Berkshire Hathaway annual shareholders meeting here:
Economy >
Cryptocurrency >
Forex >
Copyright 2023-2026 - www.financetom.com All Rights Reserved