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Australian inflation beats estimates in April
Australian inflation beats estimates in April
May 28, 2025
Australias consumer prices rose 2.4% y/y in April, beating estimates of 2.3%, and same as the previous reading. The data showcases the impact of inflationary pressures on Australian monetary policymakers, and huts the odds of an Australian rate cut in July. Do you need help in trading decisions? Do you want to learn how to start trading? Join Economies.com VIP...
Euro hovers near four-week high after Lagarde's remarks
Euro hovers near four-week high after Lagarde's remarks
May 27, 2025
The euro rose in European trade on Tuesday on track for the third straight session against the US dollar, and about to hit a four-week high amid concerns about US financial stability. Recent bullish remarks by European Central Bank President Christine Lagarde provided more positive momentum for the euro, and underscored investor confidence in the EU. The Price The EUR/USD...
US dollar extends losses to five-week trough on US debt concerns
US dollar extends losses to five-week trough on US debt concerns
May 26, 2025
The US dollar fell in European trade on Monday against a basket of major rivals, hitting a five-week trough amid concerns about the US debt levels. Now investors await important remarks by several Fed officials as they look for more clues on the odds of multiple Fed rate cuts this year. The Index The dollar index fell 0.4% to 98.69,...
Yen rushes to four-week high on strong demand
Yen rushes to four-week high on strong demand
May 27, 2025
The Japanese yen rose in Asian trade on Tuesday against a basket of major rivals, resuming gains against the dollar after a short hiatus and hitting a four-week high on strong haven demand amid concerns about US debt levels. Gains are also bolstered by the increasing odds of a Japanese interest rate hike in June in response to mounting inflationary...
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Tariff Policy in Spotlight as US Equity Futures Gain Pre-Bell
Tariff Policy in Spotlight as US Equity Futures Gain Pre-Bell
Apr 11, 2025
08:57 AM EDT, 04/11/2025 (MT Newswires) -- US equity futures were rising ahead of Friday's opening bell as traders continued to monitor the global tariff situation. Dow Jones Industrial Average futures were up 0.6%, S&P 500 futures increased 0.7%, and Nasdaq futures were 0.8% higher. China's Office of the Tariff Commission of the State Council said Friday it further raised...
Sector Update: Energy
Sector Update: Energy
Apr 11, 2025
09:05 AM EDT, 04/11/2025 (MT Newswires) -- Energy stocks advanced premarket Friday as the Energy Select Sector SPDR Fund (XLE) rose by 0.9% recently. The United States Oil Fund (USO) was down 0.5% and the United States Natural Gas Fund (UNG) was 1.8% lower. Front-month US West Texas Intermediate crude oil was up 0.1% at $60.13 per barrel at the...
Minn Fed's Kashkari: Rising Treasury yields could show investors moving on from US
Minn Fed's Kashkari: Rising Treasury yields could show investors moving on from US
Apr 11, 2025
WASHINGTON (Reuters) - The rise in long-term bond yields and drop in the dollar may show investors turning away from the U.S. as the best place to invest, Minneapolis Fed President Neel Kashkari said on Friday. Investors around the world have viewed America as the best place to invest...One of the ways that expresses itself is lower yields, Kashkari said...
JPMorgan Equity Markets Revenue Surges to $3.81 Billion in Q1; Boosts Net Reserve Build to $973 Million Amid Market Volatility
JPMorgan Equity Markets Revenue Surges to $3.81 Billion in Q1; Boosts Net Reserve Build to $973 Million Amid Market Volatility
Apr 11, 2025
08:37 AM EDT, 04/11/2025 (MT Newswires) -- JPMorgan Chase & Co ( JPM ) reported $3.81 billion in Q1 revenue from its stock trading division, up 48% from a year earlier and up 87% compared with the previous quarter. The bank recorded a provision for credit losses of $3.3 billion and a net reserve build of $973 million, including $549...
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Tata Power Renewable Energy wins 200-MW project in collaboration with SJVN
Tata Power Renewable Energy wins 200-MW project in collaboration with SJVN
Nov 28, 2023
The firm and dispatchable renewable energy (FDRE) project, designed with a hybrid of solar, wind, and battery storage, is aimed at providing a stable and dispatchable energy supply during peak hours. Shares of Tata Power Company Ltd ended at ₹270.75, up by ₹12.60, or 4.88%, on the BSE.
How Zara and H&M are trying to clean up fast fashion's messy carbon footprint — are they serious about it
How Zara and H&M are trying to clean up fast fashion's messy carbon footprint — are they serious about it
Sep 18, 2023
Fast fashion retailer H&M is all set to sell second-hand clothes at its Regent Street flagship store in UK from October — offering items that are 'ready to be loved again.' Zara also recently launched its online second-hand service in France, having trialled it in Britain since November last year. But are these 'green initiatives' for real, or just some more greenwashing? CNBC TV18 gives a macro view.
Suzlon's S144–3 MW wind turbines get big boost from Indian government
Suzlon's S144–3 MW wind turbines get big boost from Indian government
Nov 15, 2023
Th Suzlon wind turbines received the RLMM (Revised List of Models & Manufacturers) listing from the Ministry of New and Renewable Energy, marking an important milestone for the successful commercialisation of the product. Shares of Suzlon Energy Ltd ended at ₹40.49, up by ₹1.85, or 4.79%, on the BSE.
This sustainable jewellery brand is luring some women away from gold
This sustainable jewellery brand is luring some women away from gold
Oct 30, 2023
Aulerth's offerings range from ₹5,000 to as high as ₹2.8 lakh. Are women willing to spend this much on jewellery made from scrap? Founder and CEO Vivek Ramabhadran definitely believes so. Aulerth produces couture-inspired pieces in association with designers like JJ Valaya, Suneet Varma, among others. It has reported 33% repeat customers in the past year and expects a spike to 40% soon.
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