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US dollar declines on mounting concerns about tax bill, tariffs
US dollar declines on mounting concerns about tax bill, tariffs
Jul 1, 2025
The US dollar fell on Tuesday against a basket of major rivals amid mounting concerns about the US fiscal situation following Trumps big tax bill, and with uncertainty about the trade agreements. Investors are now betting on a faster pace of Fed rate cuts this year, while waiting for crucial US data this week, including the payrolls report on Friday....
Eurozone inflation matches estimates in June
Eurozone inflation matches estimates in June
Jul 1, 2025
The eurozone's consumer prices rose 2.0% y/y in June, matching expectations, and up slightly from 1.9% in the previous reading. Excluding food and energy prices, inflation rose 2.3% last month as expected, same as the previous reading. ...
US dollar declines amid trade concerns
US dollar declines amid trade concerns
Jun 30, 2025
The dollar fell against most major rivals on Monday amid increasing concerns about a possible trade war once more between the US and other major economies. Canada cancelled the digital services tax aimed at US tech companies in an attempt to revive trade talks with the US. The Canadian finance ministry said PM Mark Carney and US President Donald Trump...
Euro rises above $1.18 for first time in four years ahead of European inflation data
Euro rises above $1.18 for first time in four years ahead of European inflation data
Jul 1, 2025
The euro rose in European trade on Tuesday, on track for the ninth daily profit in a row against the US dollar, and trading above $1.18 for the first time since 2021. It comes amid concerns about the Federal Reserves independence and US financial stability after new attacks by Trump against Powell. Recently, the odds of a European Central Banks...
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US STOCKS-Wall St hits record highs on rate-cut optimism; chipmakers rally
US STOCKS-Wall St hits record highs on rate-cut optimism; chipmakers rally
Mar 21, 2024
(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window) * Micron Technology ( MU ) surges after upbeat Q3 rev forecast * Apple ( AAPL ) falls as DOJ sues co over antitrust laws * Dow nears 40,000 points for the first time * Indexes up: Dow 0.84%,...
Conference Board's Leading Indicators Index rises for first time in 2 years
Conference Board's Leading Indicators Index rises for first time in 2 years
Mar 21, 2024
March 21 (Reuters) - The Conference Board said on Thursday its Leading Economic Index for the United States rose last month for the first time in two years on the strength of hours worked at U.S. factories and the surging stock market, among other factors, but the gauge of future activity still signals some headwinds to growth remain. The business...
Sector Update: Financial
Sector Update: Financial
Mar 21, 2024
01:24 PM EDT, 03/21/2024 (MT Newswires) -- Financial stocks advanced Thursday afternoon with the NYSE Financial Index rising 0.8% and the Financial Select Sector SPDR Fund (XLF) ahead 0.9%. The Philadelphia Housing Index climbed1.8%, and the Real Estate Select Sector SPDR Fund (XLRE) was little changed. Bitcoin (BTC-USD) declined 1.8% to $66,638, and the yield for 10-year US Treasuries rose...
TREASURIES-US yields rise after strong economic data
TREASURIES-US yields rise after strong economic data
Mar 21, 2024
March 21 (Reuters) - U.S. Treasury yields rose on Thursday after the release of strong economic data, including a report showing a drop in new claims for unemployment benefits last week. Yields on benchmark 10-year notes rose to 4.282%. They closed at 4.271% on Wednesday after the Federal Reserve issued a policy statement and new economic projections affirming that it...
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American Stocks Analysis
American Stocks Analysis
May 29, 2024
Williams-Sonomas stock price (WSM) fell in the intraday levels, with negative pressure from the 50-day SMA, while gathering positive momentum to rise anew, amid the dominance of the main upward trend in the medium term while trading alongside the secondary short-term trend line, with positive pressure from the 50-day SMA after reaching oversold levels. Therefore we expect the stock to...
American Stocks Analysis
American Stocks Analysis
May 29, 2024
Roblox Corporations stock (RBLX) rose in the intraday levels, with positive signals from the RSI while trading alongside the downward secondary trend line in the short term, with negative pressure from the 50-day SMA. Therefore we expect the stock to return lower, targeting the support of $29.55, provided it settles below the resistance of $33.70. Trend forecast: Likely Bearish ...
Amazon, Target, Diamondback Energy And More On CNBC's 'Final Trades'
Amazon, Target, Diamondback Energy And More On CNBC's 'Final Trades'
May 29, 2024
On CNBC's “Halftime Report Final Trades,” Joshua Brown of Ritholtz Wealth Management called Amazon.com, Inc ( AMZN ). a gift under $200. Amazon.com's ( AMZN ) cloud computing arm, Amazon Web Services (AWS), is negotiating with the Italian government to invest billions of euros to expand its data center operations in the country. Bryn Talkington of Requisite Capital Management expects...
American Stocks Analysis
American Stocks Analysis
May 29, 2024
Verizon Communications stock price (VZ) fell in the intraday levels amid the dominance of the downward correctional wave in the short term, with negative pressure from the 50-day SMA, coupled with negative signals from the RSI. Therefore we expect more losses for the stock, targeting the first support at $38.56, provided the resistance of $40.60 holds on. Trend forecast: Bearish...
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ING Comments on Euro, Poland's Zloty, Czech Republic's Koruna
ING Comments on Euro, Poland's Zloty, Czech Republic's Koruna
Aug 29, 2025
06:35 AM EDT, 08/29/2025 (MT Newswires) -- The European Central Bank's July minutes showed the Governing Council isn't as concerned about the euro's strength as some had speculated, but multiple members did point to downside risks to inflation and that, in ING's view, still suggests market pricing for year-end (-10bps) is too hawkish. Anyway, given the silence of ECB doves...
Youlife Group, Beijing Galbot Launch JV to Expand Vocational Training in China
Youlife Group, Beijing Galbot Launch JV to Expand Vocational Training in China
Aug 29, 2025
06:34 AM EDT, 08/29/2025 (MT Newswires) -- Youlife Group ( YOUL ) said Friday it has entered into a joint venture agreement with robotics company Beijing Galbot to expand vocational training in China. The company said it will hold a 51% equity stake in the newly established entity, Beijing Youlife Galaxy Technology. ...
BeOne Medicines Says Phase 2 Study for Investigational Cancer Drug Sonrotoclax Met Primary Endpoint
BeOne Medicines Says Phase 2 Study for Investigational Cancer Drug Sonrotoclax Met Primary Endpoint
Aug 29, 2025
06:30 AM EDT, 08/29/2025 (MT Newswires) -- BeOne Medicines ( ONC ) said Friday its phase 1/2 study of sonrotoclax met the primary endpoint of overall response rate in adult patients with relapsed/refractory mantle cell lymphoma, or MCL, after treatment with a Bruton's tyrosine kinase inhibitor and anti-CD20 therapy. The study enrolled 125 patients and showed clinically meaningful responses in...
Norway seeks to defuse clash with Trump ally over fund's Caterpillar exit
Norway seeks to defuse clash with Trump ally over fund's Caterpillar exit
Aug 29, 2025
* Norway's fund divests from Caterpillar ( CAT ) over ethical concerns * Senator Graham warns of potential US trade tariffs on Norway * Norway says fund's decisions are independent, not politically driven (Edits headline) By Gwladys Fouche OSLO, Aug 29 (Reuters) - Norway's prime minister said on Friday he had contacted U.S. Senator Lindsey Graham to try to defuse...
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