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Dow, Nasdaq 100 and Hang Seng Look to Push Higher
Dow, Nasdaq 100 and Hang Seng Look to Push Higher
Apr 4, 2024
With Q1 posting a strong showing for US equities, find out if the second quarter is likely to perform in much the same way by reading our comprehensive Q2 equities forecast: Recommended by Chris Beauchamp Dow holds trendline support Sharp losses over the first two days of last week took the price back from near 40,000, but Wednesday’s session saw...
US Dollar Sinks on Weak Data & Powell’s Remarks, Jobless Claims Eyed Before NFP
US Dollar Sinks on Weak Data & Powell’s Remarks, Jobless Claims Eyed Before NFP
Apr 3, 2024
Most Read: Euro Forecast and Sentiment Analysis - EUR/USD, EUR/CHF, EUR/GBP, EUR/JPY The U.S. dollar moved lower on Wednesday, pressured by a combination of weaker-than-expected economic figures and dovish signals from Federal Reserve Chair Jerome Powell. After a volatile day, the DXY index slumped 0.48%, retreating further from the multi-month highs set on Tuesday during the European session. Focusing first...
Gold Posts a Fresh All
Gold Posts a Fresh All
Apr 4, 2024
Gold Price Analysis and Chart US Dollar weakness pushing gold ever higher.US ISM data highlights weaker growth.Download our brand new Q2 Gold Forecast Recommended by Nick Cawley Get Your Free Gold Forecast Most Read: Gold Breakout Nears as Bullish Pennant Pattern Forms Wednesday’s US Services ISM data sent the US dollar lower, and gold higher, after the report showed business...
Decoding Fedspeak: How Central Banker Comments Move Markets – Gold & US Dollar
Decoding Fedspeak: How Central Banker Comments Move Markets – Gold & US Dollar
Apr 3, 2024
In the world of finance, words can sometimes be as powerful as actions. Known as Fedspeak, the speeches, statements, and even subtle remarks made by key figures within the Federal Reserve can cause significant ripples or even tidal waves across global markets. Understanding this phenomenon is crucial for traders seeking to navigate the ever-changing financial landscape. What is Fedspeak? Fedspeak...
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German Bund yield falls after data shows slowing US jobs market
German Bund yield falls after data shows slowing US jobs market
Jun 5, 2024
(Updates at 1450 GMT) By Harry Robertson and Samuel Indyk LONDON, June 5 (Reuters) - Germany's 10-year government bond yield fell for a third straight day on Wednesday after data suggested the U.S. labour market is slowing, with focus set to shift to the European Central Bank's policy announcement on Thursday. A report on private payrolls showed U.S. hiring slowed...
TREASURIES-Yields pare losses as services sector rebounds
TREASURIES-Yields pare losses as services sector rebounds
Jun 5, 2024
(Updated at 1040 EDT) By Karen Brettell June 5 (Reuters) - Benchmark U.S. 10-year Treasury yields rebounded from a two-month low on Wednesday but remained lower on the day after data showed that the U.S. services sector snapped back into growth mode in May after a short-lived contraction the month before. The Institute for Supply Management said its non-manufacturing purchasing...
US STOCKS-Tech stocks lift Nasdaq, S&P 500 as rate-cut expectations tick up
US STOCKS-Tech stocks lift Nasdaq, S&P 500 as rate-cut expectations tick up
Jun 5, 2024
(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window.) * ISM non-manufacturing PMI stronger than forecast * Nvidia ( NVDA ), TSMC touch record highs * CrowdStrike ( CRWD ) gains after strong Q2 forecast * HPE climbs after upbeat revenue forecasts * Indexes: Dow down 0.01%, S&P up...
Exchange-Traded Funds, US Equities Rise After Services Index Posts Larger-Than-Expected Gain
Exchange-Traded Funds, US Equities Rise After Services Index Posts Larger-Than-Expected Gain
Jun 5, 2024
12:57 PM EDT, 06/05/2024 (MT Newswires) -- Broad Market Indicators Broad-market exchange-traded funds, including IWM and IVV, were trading higher. Actively-traded Invesco QQQ Trust (QQQ) was up 1.5%. US benchmark stock indexes rose after midday trading after a services gauge swung to expansion in May while the number of jobs added in the same month slumped. Energy iShares US Energy...
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China launches anti-monopoly probe into Nvidia
China launches anti-monopoly probe into Nvidia
Dec 9, 2024
BEIJING, Dec 9 (Reuters) - China on Monday said it has launched an investigation into Nvidia Corp ( NVDA ) over suspected violations of the country's anti-monopoly law, in a move that will likely be seen as a retaliatory move against Washington's recent chip curbs. The State Administration for Market Regulation (SAMR) said the U.S. chipmaker is also suspected of...
Intel should have focused on AI rather than chipmaking, TSMC founder says
Intel should have focused on AI rather than chipmaking, TSMC founder says
Dec 9, 2024
TAIPEI, Dec 9 (Reuters) - Intel ( INTC ) should have focused on artificial intelligence rather than trying to become a contract chipmaker, the founder of Taiwan Semiconductor Manufacturing Co ( TSM ) said on Monday, in relation to the recent departure of Intel's ( INTC ) CEO. Morris Chang, at an event to launch his autobiography, said he did...
Intel should have focused on AI rather than chipmaking, TSMC founder says
Intel should have focused on AI rather than chipmaking, TSMC founder says
Dec 9, 2024
TAIPEI (Reuters) - Intel ( INTC ) should have focused on artificial intelligence rather than trying to become a contract chipmaker, the founder of Taiwan Semiconductor Manufacturing Co ( TSM ) said on Monday, in relation to the recent departure of Intel's ( INTC ) CEO. Morris Chang, at an event to launch his autobiography, said he did not know...
NHTSA closes preliminary probe into 7,745 Fisker Ocean SUVs after software update
NHTSA closes preliminary probe into 7,745 Fisker Ocean SUVs after software update
Dec 9, 2024
(Reuters) - The U.S. auto safety regulator said on Monday it has closed a preliminary evaluation into 7,745 Fisker Ocean SUVs over failure to shift vehicles into the park gear, after the electric-vehicle startup issued recalls and released a software update. Earlier this year, the National Highway Traffic Safety Administration (NHTSA) opened a preliminary probe into claims of unintended vehicle...
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Market Chatter: Apple Plans to Launch iPhone 17e, iPads in 2026
Market Chatter: Apple Plans to Launch iPhone 17e, iPads in 2026
Jul 10, 2025
04:12 PM EDT, 07/10/2025 (MT Newswires) -- Apple ( AAPL ) is planning to launch a set of new products, including a new low-end iPhone, multiple iPads, and upgraded Macs, by H1 of 2026, Bloomberg reported Thursday, citing people with knowledge of the matter. The company's upcoming product release is part of its effort to regain more consistent revenue growth,...
Levi Strauss lifts annual forecasts on steady denim demand in Europe despite tariff pain
Levi Strauss lifts annual forecasts on steady denim demand in Europe despite tariff pain
Jul 10, 2025
(Reuters) -Levi Strauss raised its annual revenue and profit forecasts after beating quarterly estimates on Thursday, betting on strong demand for its denims in regions such as Europe in the face of tariff uncertainty. The company's shares rose about 8% in extended trading. The denim maker's efforts to introduce new styles and collections including dresses, skirts and wide-legged jeans have...
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
Membership warehouse club operator PriceSmart beats Q3 revenue estimate
Membership warehouse club operator PriceSmart beats Q3 revenue estimate
Jul 10, 2025
Overview * PriceSmart ( PSMT ) fiscal Q3 revenue rose 7.1% to $1.32 bln, beating estimate, per LSEG data * Net merchandise sales increased 8.0%, with constant currency growth of 9.5% * Company evaluating Chile as a potential new market for expansion Outlook * Company evaluating Chile as a potential new market for expansion * PriceSmart ( PSMT ) actively...
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Cardano (ADA) News Today: September 4th
Cardano (ADA) News Today: September 4th
Sep 4, 2025
The tenth-largest crypto asset by market capitalization experienced a red week, with varying forecasts about its future direction. At the same time, the foundation behind the underlying blockchain and its co-founder presented some interesting developments. Going Up Or Down? While the blockchains native token has dropped about 6% over the past week, according to data taken at print time from...
Ethereum Whales Boost Holdings by 14% in 5 Months as Price Targets $4,500
Ethereum Whales Boost Holdings by 14% in 5 Months as Price Targets $4,500
Sep 4, 2025
After a strong rally last month that catapulted Ethereum to a fresh all-time high near $5,000, the altcoin suffered a choppy price action. However, Ethereum is making a push to reclaim the crucial $4,500 level, as deep-pocketed ETH whales quietly load up in the background. Whale Buying Spree Ethereum is seeing steady accumulation from mid-sized whales and sharks holding 1,000-100,000...
Will Markets Fall Further When $4.7B Crypto Options Expire? 
Will Markets Fall Further When $4.7B Crypto Options Expire? 
Sep 4, 2025
Around 30,500 Bitcoin options contracts will expire on Friday, September 5, and they have a notional value of roughly $3.4 billion. This expiry event is much smaller than last week’s end-of-month event, so there is unlikely to be any impact on spot markets, which are in the red again. US jobs data has not been positive this week, and the...
US Bancorp Restarts Support for Bitcoin (BTC) Custody Services to Investment Managers
US Bancorp Restarts Support for Bitcoin (BTC) Custody Services to Investment Managers
Sep 4, 2025
The Minneapolis-based bank with over $685 billion in total assets has renewed its Bitcoin custody services for institutions. Following a 3-year pause, now in a more crypto-appreciative environment, this is possible once more. Back After a Hiatus Shared via a press release, U.S. Bank, the primary operating subsidiary of U.S. Bancorp, announced yesterday that it will resume the service that...
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