Euro rose in European trade on Wednesday for the first time in four sessions against the US dollar away from recent-six week lows, with the pair still under pressure from mounting EU political risks. The euro is taking a stand ahead of a busy day in US markets with many events that will impact trends worldwide. The Price The EUR/USD...

The dollar fell in European trade on Wednesday against a basket of major rivals, giving up five-week highs and on track for the first loss in four days on active profit-taking, while US 10-year treasury yields slowed down. The decline comes ahead of an important and busy day in US markets, with US inflation data and policy decisions by the...

US Dollar Eyes CPI Data and FOMC Policy Release, Dot Plot Key Indicator US inflation is likely to remain uncomfortably sticky for the Fed.Will Fed officials pencil in one or two rate cuts this year? Recommended by Nick Cawley Trading Forex News: The Strategy Risk markets are opening the session slightly better bid, but moves are expected to be limited...

The Federal Reserve announced a decision to maintain interest rates unchanged between 5.25% and 5.5% at the June 11-12 meeting, maintaining them at 23-year highs. The Feds policy statement explains that the Federal Open Market Committee considers the risks facing achieving better employment and inflation goals are moving towards a better balance, but the economic outlook remains uncertain. More crucially,...

01:07 PM EST, 01/13/2025 (MT Newswires) -- Broad Market Indicators Broad-market exchange-traded funds IWM and IVV were lower on Monday. Actively traded Invesco QQQ Trust (QQQ) fell 0.9%. US equity indexes traded mixed as the so-called Magnificent-7 took a beating, pushing the S&P 500 and the Nasdaq Composite lower. Energy iShares US Energy ETF (IYE) rose 1.5% and Energy Select...

01:41 PM EST, 01/13/2025 (MT Newswires) -- US benchmark stock indexes were mixed as the so-called Magnificent 7 group of stocks declined after midday on Monday, helping send the S&P 500 and the Nasdaq Composite lower. The tech-heavy Nasdaq dropped 0.8% to 19,016.9, and the S&P 500 fell 0.1% to 5,819.5. Both indexes were off their session lows. The Dow...

Shares of BioNTech SE ( BNTX ) – ADR fell 5.7% to $115.84 on Monday, part of a broader decline in vaccine stocks triggered by Moderna's updated revenue guidance for 2025, which fell below analyst expectations. What To Know: Moderna, whose stock plunged 23% Monday morning, projected revenues of $1.5 billion to $2.5 billion, well short of the $2.95 billion...

12:24 PM EST, 01/13/2025 (MT Newswires) -- US equity indexes traded mixed as the so-called Magnificent-7 took a beating, pushing the S&P 500 and the Nasdaq Composite lower. The tech-heavy Nasdaq dropped 1.2% to 18,939.1, and the S&P 500 fell 0.5% to 5,799.2. The Dow Jones Industrial Average rose 0.3% to 42,084.3. Technology and utilities led the steepest decliners while...

SAN FRANCISCO (Reuters) - Artificial intelligence benchmarking group MLCommons on Wednesday released a fresh set of tests and results that rate the speed at which top-of-the-line hardware can run AI applications and respond to users. The two new benchmarks added by MLCommons measure the speed at which the AI chips and systems can generate responses from the powerful AI models...

(Reuters) - Companies are responding to disruptions to shipping on the shortest route between Europe and Asia. Attacks in the Red Sea region by Houthi militants in Yemen have prompted several shipping companies to reroute vessels. Below are details on how companies in various sectors are responding: AUTOS ** GEELY: China's second-largest automaker by sales, said on Dec. 22 its...

Financial giants have made a conspicuous bullish move on ServiceNow ( NOW ). Our analysis of options history for ServiceNow ( NOW ) revealed 12 unusual trades. Delving into the details, we found 66% of traders were bullish, while 33% showed bearish tendencies. Out of all the trades we spotted, 8 were puts, with a value of $416,626, and 4...

Whales with a lot of money to spend have taken a noticeably bearish stance on Microsoft ( MSFT ). Looking at options history for Microsoft ( MSFT ) we detected 31 trades. If we consider the specifics of each trade, it is accurate to state that 35% of the investors opened trades with bullish expectations and 64% with bearish. From...

The investigation moving forward would be the most productive thing that can happen now, according to Blinken's statement.

Besides Clapton, Alicia Silverstone, Rob Schneider and Woody Harrelson (who later retracted) have publicly supported RFK Jr, who reportedly said COVID-19 may just be 'ethnically targeted.' The virus targets Caucasians and Black people while sparing Ashkenazi Jewish people and Chinese people, he said at a New York dinner.

Greece has repeatedly asked the British Museum to permanently return the 2,500-year-old sculptures that British diplomat Lord Elgin removed from the Parthenon temple in the early 19th century when he was ambassador to the Ottoman Empire.

British politics is abuzz with musical chairs like excitement. PM Rishi Sunak, who had to remove his outspoken interior minister Suella Braverman for her article on a pro-Palestine march in UK, has brought ex-PM David Cameron — who had lost the top job over Brexit — back into the fresh equation.

From the m-cap of BSE-listed companies crossing the $4 Tn mark to the most memorable quotes by Charlie Munger,  here's a rundown of 11 significant news stories to keep you in the know:

Uber has had a tortured history in London, where cabbies have vehemently protested the app’s presence in the city for fear of losing their livelihood and out of concern the app’s drivers don’t adhere to strict safety standards and oversight.

The Australia-India Economic Cooperation and Trade Agreement (AI-ECTA) entered into force on December 29, 2022. Since the agreement, it has already seen a reduction in tariff on Australian wine bottles costing over $5 per bottle. The tariff was as high as 150%. In next eight years, the tariff will decline further.

Shares of Aster DM Healthcare Ltd ended at ₹332.65, down by ₹4.75, or 1.41%, on the BSE. Founded in 1987 from a single clinic in Dubai, Aster DM has a strong presence across primary, secondary, tertiary, and quaternary healthcare and runs 33 hospitals, 127 clinics, 527 pharmacies, and 229 labs and patient experience centres in six Gulf countries and India.

Solana (SOL) has become the most popular blockchain ecosystem in 2024, capturing nearly 50% of global crypto investor interest in chain-specific narratives, according to a recent report by crypto data aggregator CoinGecko. The report follows the accelerated resurgence of SOL this year, currently at $177 and getting closer to its 2021 highs. Another reason behind Solana’s massive traction is the...

Phishing scams have wreaked havoc in the digital asset ecosystem and are making a comeback amidst market-wide recovery. These attacks have grown increasingly sophisticated, leading to high-profile crypto investors, whales, and prominent industry figures becoming victims, ultimately resulting in substantial financial losses. In its latest update on March 21st, CertiK identified a deposit of 3,700 ETH into Tornado Cash on...

After a series of back-and-forths regarding Do Kwons extradition, it appears that the Terraform Labs co-founder and former CEO may finally be handed over to South Korean authorities after the Appellate Court of Montenegro confirmed a previous decision to extradite him to his native country. Terraform Labs’ Chief Executive Officer, who was arrested in March 2023 with Kwon in Montenegro,...

The cryptocurrency market has failed to recover as swiftly as many expected it to, and Bitcoins price seems to be struggling to break above $66K definitively. Most of the altcoins are also trading in the red, with two notable exceptions. Bitcoin Fails at $66K As seen in the chart below, Bitcoins price was unable to retain its bullish momentum that...