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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...
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...
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American Axle & Manufacturing, Twilio And 3 Stocks To Watch Heading Into Friday
American Axle & Manufacturing, Twilio And 3 Stocks To Watch Heading Into Friday
Aug 7, 2025
With U.S. stock futures trading higher this morning on Friday, some of the stocks that may grab investor focus today are as follows: Wall Street expects American Axle & Manufacturing Holdings Inc. ( AXL ) to report quarterly earnings at 15 cents per share on revenue of $1.54 billion before the opening bell, according to data from Benzinga Pro. American...
Inflation data to test stocks as some investors brace for rally to pause
Inflation data to test stocks as some investors brace for rally to pause
Aug 8, 2025
NEW YORK (Reuters) -A fresh look at inflation trends will test the U.S. stock market's rally in the coming week, with some investors saying equities are primed for a potential pullback after rocketing to records. The benchmark S&P 500 was last up more than 7% on the year and within about 1% of its all-time closing high set in late...
US STOCKS-Futures edge up as Fed shake-up stokes dovish bets
US STOCKS-Futures edge up as Fed shake-up stokes dovish bets
Aug 8, 2025
(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window.) * Futures up: Dow 0.14%, S&P 500 0.25%, Nasdaq 0.31% Aug 8 (Reuters) - U.S. stock index futures rose on Friday after President Donald Trump's temporary pick for a Federal Reserve governor fueled expectations of a more dovish central bank...
Wall St Week Ahead-Inflation data to test stocks as some investors brace for rally to pause
Wall St Week Ahead-Inflation data to test stocks as some investors brace for rally to pause
Aug 8, 2025
* CPI for July due on Tuesday after June data showed some tariff impact * Rate-cut bets rise in wake of weak employment data earlier in month * S&P 500 near record highs, up over 7% in 2025 By Lewis Krauskopf NEW YORK, Aug 8 (Reuters) - A fresh look at inflation trends will test the U.S. stock market's rally...
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AMD's AI bets face investor scrutiny as Big Tech switches to custom chips
AMD's AI bets face investor scrutiny as Big Tech switches to custom chips
Feb 3, 2025
By Arsheeya Bajwa (Reuters) - AMD investors will closely examine the chip designer's artificial intelligence strategy when it reports fourth-quarter results on Tuesday as Big Tech's shift to custom silicon raises doubts about its place in the AI infrastructure race. Analysts expect AMD's December-quarter revenue to surge over 22% to $7.53 billion, but the company's growth prospects are shadowed by...
Expert Outlook: Sprout Social Through The Eyes Of 6 Analysts
Expert Outlook: Sprout Social Through The Eyes Of 6 Analysts
Feb 3, 2025
In the last three months, 6 analysts have published ratings on Sprout Social ( SPT ) , offering a diverse range of perspectives from bullish to bearish. The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish...
The legal challenges faced by Samsung chief Jay Y Lee
The legal challenges faced by Samsung chief Jay Y Lee
Feb 3, 2025
(Reuters) - Samsung Electronics Chairman Jay Y. Lee was found not guilty of accounting fraud and stock manipulation by a Seoul appeals court on Monday, in a ruling that could remove long-running legal risks that Lee has faced from criminal cases. For nearly a decade, Lee, the leader of South Korea's biggest conglomerate, has been embroiled in a series of...
Nokia Picked by DE-CIX to Upgrade New York Internet Exchange Backbone
Nokia Picked by DE-CIX to Upgrade New York Internet Exchange Backbone
Feb 3, 2025
09:30 AM EST, 02/03/2025 (MT Newswires) -- Nokia ( NOK ) has been selected by DE-CIX to upgrade the backbone network for DE-CIX's Internet Exchange backbone in New York, the companies said Monday. The backbone will be upgraded to 400 gigabit ethernet using Nokia's ( NOK ) optical technology and will be redesigned in a ring topology, the companies said....
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US Dollar Closes in on Resistance, GBP/USD Testing Support, Interest Rate Decisions Near
US Dollar Closes in on Resistance, GBP/USD Testing Support, Interest Rate Decisions Near
Mar 15, 2024
US Dollar Price, Analysis, and Charts Major central bank policy decisions next week.US dollar index nears a cluster of resistance points.British Pound edging lower ahead of UK inflation report. Recommended by Nick Cawley Building Confidence in Trading The latest US PPI report showed that wholesale inflation remains sticky, denting the recent disinflation story. US y/y inflation rose 1.6% in February,...
Will Bitcoin Enter The Danger Zone as Fed Rate Decision Looms ?
Will Bitcoin Enter The Danger Zone as Fed Rate Decision Looms ?
Mar 18, 2024
“Its officially Fed week, the week weve all been waiting for,” exclaimed macroeconomics outlet The Kobeissi Letter on March 17. The US Central Bank will make its highly anticipated announcement on March 20, which will set the tone for the USs economic outlook going forward. Key Events This Week: 1. Housing Starts data Tuesday 2. Fed Interest Rate Decision Wednesday...
Shiba Inu (SHIB) Explodes 13% Overnight but Rival Meme Coin Outperforms
Shiba Inu (SHIB) Explodes 13% Overnight but Rival Meme Coin Outperforms
Mar 18, 2024
Meme coins are back at it with significant gains throughout the past 24 hours. The market is recovering, in general, but some meme coins are undoubtedly performing better than the rest. Shiba Inu (SHIB) is up a whopping 13% over the past 24 hours, trading at slightly below $0.0003. The cryptocurrency remains down some 10% on the weekly chart, outlining...
US SEC Charges 17 in $300M Crypto Ponzi Scheme
US SEC Charges 17 in $300M Crypto Ponzi Scheme
Mar 18, 2024
The United States Securities and Exchange Commission (SEC) has charged 17 individuals for allegedly perpetrating a cryptocurrency Ponzi scheme that defrauded thousands of Latino investors in the country for approximately $300 million. According to an official release from the regulator, the alleged fraudsters operated under a company named CryptoFX LLC, which is based in Houston, Texas. SEC Charges 17 For...
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