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USD/JPY Tiptoes Towards Bullish Breakout after Strong US Jobs Data. What Now?
USD/JPY Tiptoes Towards Bullish Breakout after Strong US Jobs Data. What Now?
Apr 5, 2024
Most Read: Trading EUR/USD, USD/JPY, and GBP/USD: Strategies for the Most Liquid FX Pairs USD/JPY advanced on Friday (+0.22% to 151.60), inching closer to horizontal resistance at 152.00 after strong U.S. jobs data boosted U.S. Treasury yields across the curve. For context, the latest employment report showed that U.S. employers added 303,000 workers in March, well ahead of estimates of...
Loonie loses ground after weak employment data
Loonie loses ground after weak employment data
Apr 5, 2024
The Canadian dollar dipped against most major rivals on Friday following underwhelming labor data for March. The Canadian economy lost 2.2 thousand jobs in March, while analysts expected an increase of 25.9 thousand jobs. Canadas unemployment jumped to 6.1% in March from 5.8%, while analysts expected 5.9%. The Canadian dollar fell against its US counterpart by 0.3% as of 17:21...
US economy adds more jobs than expected in March
US economy adds more jobs than expected in March
Apr 5, 2024
The US government released the payrolls report for March, which revealed the addition of 303 thousand new jobs to the work force last month, above estimates of 212 thousand, and up from 270 thousand in the previous reading. ...
Yen rallies to two-week highs under scrutiny by Japanese authorities
Yen rallies to two-week highs under scrutiny by Japanese authorities
Apr 5, 2024
Yen rose in Asian trade on Friday against a basket of major rivals, extending gains for the second straight day against the US dollar and hitting a two-week high amid warnings from Japanese authorities about the weak state of the local currency. Yen gained ground on haven demand today amid concerns about worsening geopolitical tensions and the spread of conflict...
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Sector Update: Health Care
Sector Update: Health Care
Feb 19, 2025
09:00 AM EST, 02/19/2025 (MT Newswires) -- Health care stocks were steady premarket Wednesday, with the Health Care Select Sector SPDR Fund (XLV) and iShares Biotechnology ETF (IBB) inactive recently. Royal Philips (PHG) shares were down more than 12% after the company reported Q4 adjusted income from continuing operations below estimates while sales declined. ...
Sector Update: Tech
Sector Update: Tech
Feb 19, 2025
08:49 AM EST, 02/19/2025 (MT Newswires) -- Technology stocks were flat to lower premarket Wednesday with the SPDR S&P Semiconductor ETF (XSD) inactive and the Technology Select Sector SPDR Fund (XLK) down 0.2% recently. Analog Devices ( ADI ) shares were up over 3% after the company reported fiscal Q1 adjusted earnings and revenue that topped analysts' expectations. The company...
Vista Gold Outlines 2025 Outlook for Mt Todd Project in Australia; Shares Slightly Higher in U.S. Pre-Market
Vista Gold Outlines 2025 Outlook for Mt Todd Project in Australia; Shares Slightly Higher in U.S. Pre-Market
Feb 19, 2025
08:20 AM EST, 02/19/2025 (MT Newswires) -- Vista Gold ( VGZ ) rose 0.7% at last look Wednesday in NYSE American pre-market trading as the company outlined its 2025 strategic outlook for the Mt Todd gold project in Australia. The company said a feasibility study on the project is progressing, with completion anticipated in mid-2025. The study aims to increase...
Upcoming Fed Minutes Stifle US Equity Futures Pre-Bell
Upcoming Fed Minutes Stifle US Equity Futures Pre-Bell
Feb 19, 2025
08:16 AM EST, 02/19/2025 (MT Newswires) -- US equity futures were little changed pre-bell Wednesday ahead of the release of the minutes from the Federal Reserve's latest policy-setting meeting. The Dow Jones Industrial Average futures slipped 0.2%, S&P 500 futures declined 0.1%, and Nasdaq futures flatlined. Oil prices were higher, with front-month global benchmark North Sea Brent crude up 0.7%...
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UBS reports $1.76 billion profit attributable to shareholders in Q1
UBS reports $1.76 billion profit attributable to shareholders in Q1
May 6, 2024
BERLIN (Reuters) - UBS Group on Tuesday reported a profit of $1.76 billion attributable to shareholders in the first quarter, more than double the expected profit of $602 million forecast by analysts in a company-provided poll. ...
China's Zeekr to close $367.5 million New York IPO one day early, source says
China's Zeekr to close $367.5 million New York IPO one day early, source says
May 6, 2024
SYDNEY (Reuters) - Chinese electric vehicle maker Zeekr Intelligent Technology Holding will close its New York initial public offering (IPO) bookbuilding to raise up to $367.5 million on Wednesday, according to two sources with direct knowledge of the matter. The company, the premium brand of Chinese automaker Geely, had planned to close the bookbuilding on Thursday, according to a term...
FOCUS-Italian shoemaker Tod's to court US lovers of quiet luxury
FOCUS-Italian shoemaker Tod's to court US lovers of quiet luxury
May 6, 2024
* Set to pursue US expansion, boost marketing spending * Brand's quiet luxury image tied to core leather products * Group failed to use best-known products to drive sales By Elisa Anzolin and Valentina Za MILAN, May 7 (Reuters) - An investment firm backed by LVMH is betting demand from wealthy Americans for quiet luxury will ensure its 510 million...
UBS reports first profit since taking over Credit Suisse
UBS reports first profit since taking over Credit Suisse
May 6, 2024
ZURICH, May 7 (Reuters) - UBS reported net income of $1.8 billion for January-March, its first quarterly profit since it took over fallen rival Credit Suisse. The net income attributable to shareholders for Switzerland's largest bank was better than a company-provided consensus estimate of $602 million and compares with a profit of $1 billion in the same period a year...
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Top AI Cryptocurrencies to Put on Your Watchlist This Month
Top AI Cryptocurrencies to Put on Your Watchlist This Month
Jul 2, 2024
Cryptocurrencies related to Artificial Intelligence (AI) have been quite trending in the past several months thanks to the rapid advancement of that technology.  In the following lines, we will touch upon some of the leading ones and those that have the best chance to chart substantial gains throughout July. NEAR Protocol (NEAR) This is the biggest asset in the niche...
Peter Thiel’s Founders Fund Co
Peter Thiel’s Founders Fund Co
Jul 2, 2024
Notable participants include Ethereal, Robot Ventures, Symbolic Capital, Delphi, Dao5, Nomad, and Primitive Ventures. Pantera Capital, Framework Ventures, and Peter Thiels Founders Fund co-led the round. One of the main contributors to Sentient is Sandeep Nailwal the founder of Polygon, who said: The rapid advancement of AI has the potential to transform every aspect of our lives, but the concentration...
Trump
Trump
Jul 2, 2024
TL;DR PolitiFi meme coins experienced substantial volatility following a recent ruling by the US Supreme Court. Trump has softened his stance on cryptocurrency, now presenting himself as a pro-crypto candidate, accepting donations in digital assets, and pledging to increase BTC mining efforts in the US. The Big Gainers The US presidential candidate from the Republican party Donald Trump recently secured...
US Dollar Sentiment Latest – EUR/USD, USD/JPY, and GBP/USD
US Dollar Sentiment Latest – EUR/USD, USD/JPY, and GBP/USD
Jul 2, 2024
Retail Sentiment Analysis for EUR/USD, USD/JPY, and GBP/USD EUR/USD – Bearish Outlook Reinforced Recent retail trading data indicates that 57.14% of traders have taken long positions on EUR/USD, with a ratio of 1.33 long traders for every short trader. The number of long positions has increased by 26.08% since yesterday and 6.42% since last week. Conversely, short positions have decreased...
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