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Loonie edges higher after positive data
Loonie edges higher after positive data
May 30, 2025
The Canadian dollar rose against a basket of major rivals on Friday following strong growth data. Canadas GDP growth clocked in at 0.1% in March, as expected. On trading, the CAD/USD pair rose 0.6% as of 20:51 GMT to 0.7286. Aussie The Australian dollar was little changed against the US dollar at 0.6443. US Dollar The dollar index rose 0.1%...
Yen extends gains amid mounting global tensions
Yen extends gains amid mounting global tensions
Jun 2, 2025
The Japanese yen rose in Asian trade on Monday on track for the third profit in a row against the US dollar on haven demand amid mounting global and geopolitical tensions. Renewed US-China tensions threaten to tank the initial trade agreement reached in Switzerland, with increasing animosity between Russia and the west after Ukraine executed a complex attack that targeted...
Yen extends gains after hot Tokyo inflation data
Yen extends gains after hot Tokyo inflation data
May 30, 2025
The Japanese yen rose in Asian trade on Friday against a basket of major rivals, extending gains for the second straight session against the US dollar and moving away from a two-week trough on short-covering. The gains are also underpinned by hot Tokyo inflation data, which showed increasing inflationary pressures on the Bank of Japans policymakers, boosting the odds of...
US dollar on track for fifth monthly decline on fiscal and trade uncertainty
US dollar on track for fifth monthly decline on fiscal and trade uncertainty
May 30, 2025
The US dollar declined on Friday on track for the fifth monthly drop in a row amid persistent uncertainty on US fiscal and trade policies. The dollar had a turbulent week after the US appeals court reinstated Trumps tariffs after a single day of a trade courts order to suspend them. Trump said he hopes the Supreme Court will outright...
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Sector Update: Financial
Sector Update: Financial
Jun 16, 2026
09:04 AM EDT, 06/16/2026 (MT Newswires) -- Financial stocks were advancing premarket Tuesday, with the State Street Financial Select Sector SPDR ETF (XLF) 0.3% higher. The Direxion Daily Financial Bull 3X Shares (FAS) was up 1.3% and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was 0.9% lower. Robinhood Markets ( HOOD ) said it reduced its workforce...
Sector Update: Health Care
Sector Update: Health Care
Jun 16, 2026
08:58 AM EDT, 06/16/2026 (MT Newswires) -- Healthcare stocks were steady pre-bell Tuesday, with the State Street Health Care Select Sector SPDR ETF (XLV) up 0.3% and the iShares Biotechnology ETF (IBB) unchanged. Zai Lab ( ZLAB ) stock was up more than 2% after the company said the European Medicines Agency has granted orphan drug designation to its experimental...
Sector Update: Energy
Sector Update: Energy
Jun 16, 2026
09:08 AM EDT, 06/16/2026 (MT Newswires) -- Energy stocks were declining pre-bell Tuesday, with the State Street Energy Select Sector SPDR ETF (XLE) falling 0.8%. The United States Oil Fund (USO) was down 4.1% and the United States Natural Gas Fund (UNG) was 0.3% lower. Front-month US West Texas Intermediate crude oil was 4.4% lower at $77.22 per barrel at...
Sector Update: Tech Stocks Mixed Premarket Tuesday
Sector Update: Tech Stocks Mixed Premarket Tuesday
Jun 16, 2026
09:12 AM EDT, 06/16/2026 (MT Newswires) -- Technology stocks were mixed premarket Tuesday, with the State Street Technology Select Sector SPDR Fund (XLK) down 0.2% and the State Street SPDR S&P Semiconductor ETF ( XSD ) 0.1% higher. Qualcomm ( QCOM ) said it is developing more than 40 new AI device designs as it prepares for the next wave...
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Tower Semiconductor Stock Surges After Coherent Silicon Photonics Breakthrough
Tower Semiconductor Stock Surges After Coherent Silicon Photonics Breakthrough
Mar 23, 2026
Tower Semiconductor Ltd ( TSEM ) shares are trading higher Monday afternoon after the company announced a new silicon photonics milestone with Coherent Corp that could strengthen its position in next-generation AI and datacenter networking markets. Here’s what investors need to know. Tower Semiconductor ( TSEM ) stock is among today’s top performers. What’s fueling TSEM momentum? Tower, Coherent Demonstrate...
BRIEF-UBS To Implement Merger Of UBS Livingplus, UBS Hospitality And  Residentia
BRIEF-UBS To Implement Merger Of UBS Livingplus, UBS Hospitality And Residentia
Mar 23, 2026
March 23 (Reuters) - UBS GROUP AG: * TO IMPLEMENT THE MERGER OF UBS LIVINGPLUS, UBS HOSPITALITY AND RESIDENTIA * THE REAL ESTATE FUNDS WILL CONCLUDE THEIR SHORTENED FINANCIAL YEAR ON 30 JUNE 2026 * MERGER WILL TAKE PLACE AS OF 30 SEPTEMBER 2026, RETROACTIVELY EFFECTIVE TO THAT DATE * MERGED UBS LIVINGPLUS FUND WILL BE TRADED ON THE SIX...
Defense contractor AEVEX files for US IPO
Defense contractor AEVEX files for US IPO
Mar 23, 2026
March 23 (Reuters) - Defense technology prime contractor AEVEX on Monday filed for an initial public offering in the United States. ...
Unison Consulting Joins Paslay Group
Unison Consulting Joins Paslay Group
Mar 23, 2026
Merger unites two of the top U.S. airport consulting firms to broaden client services, team expertise FORT WORTH, Texas, March 23, 2026 /PRNewswire/ -- Paslay Management Group, LLC, is pleased to announce that Chicago-based Unison Consulting, Inc., is merging with the Fort Worth-based firm to create a stronger, more comprehensive aviation consultancy with a deeper bench of airport business advisory...
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Major Ripple (XRP) Milestone Achieved: Key Details
Major Ripple (XRP) Milestone Achieved: Key Details
Feb 5, 2025
Ripples stablecoin, RLUSD, has recorded over 105,011 transactions on the XRP Ledger (XRPL). The latest milestone comes approximately two months after its launch. On the other hand, only 4,109 transactions have been processed on the Ethereum (ETH) network, meaning that more than 95% of RLUSD transactions are occurring on XRPL. The significant preference for XRPL over Ethereum, as suggested by the...
Ethereum Price Crash? Analyst Predicts Possible 50% Drop
Ethereum Price Crash? Analyst Predicts Possible 50% Drop
Feb 5, 2025
TL;DR Ethereums price struggles below $2,800, with some analysts warning of a potential drop to $1,200 if key support fails. Others, including Michael van de Poppe, remain optimistic, citing Trump-linked investments as a bullish indicator. ETH Bulls to Suffer More Pain? Ethereum (ETH) the second-largest cryptocurrency in terms of market capitalization is among the very few leading digital assets that...
Massive Shiba Inu (SHIB) Announcement
Massive Shiba Inu (SHIB) Announcement
Feb 5, 2025
TL;DR SHIBs price surged by 8% on a 24-hour scale as the meme coin partnered with the UAEs Ministry of Energy and Infrastructure. Shibarium blasted through another major milestone, which could also be interpreted as a bullish element. The Main Factor The cryptocurrency market experienced severe turbulence in the past few days, largely caused by Donald Trumps trade war with...
Social Engineering Scams Hit Coinbase Users Hard: $65M Stolen, Actual Losses Likely Higher
Social Engineering Scams Hit Coinbase Users Hard: $65M Stolen, Actual Losses Likely Higher
Feb 5, 2025
Over the past two months, Coinbase users have reported a surge in account restrictions, which appear linked to the companys aggressive risk models and an ongoing wave of social engineering scams. ZachXBT believes that the blame for the losses lies with Coinbases leadership, failing to report theft addresses, offer responsive support, and react swiftly to threats issues rivals like Kraken...
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