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Yen swoons by over 1% after BOJ decision
Yen swoons by over 1% after BOJ decision
Apr 26, 2024
Yen tumbled against most major rivals on Friday following the Bank of Japans policy decisions today. In a step that was widely expected, the Bank of Japan maintained interest rates unchanged at below 0.10%, after its decision to move rates outside of negative territory in March. On trading, USD/JPY rallied by 1.3% to 157.7 as of 19:26 GMT. Aussie The...
Euro hovers near two-week high despite bearish outlook
Euro hovers near two-week high despite bearish outlook
Apr 29, 2024
Euro rose in European trade on Monday against a basket of major rivals, resuming gains against the dollar and almost touching two-week highs ahead of important European inflation data this week. Even as the euro gains ground today, overall outlook points to weakness in upcoming days, especially if inflation data boosted the case for ECB interest rate cuts in June...
Dollar under pressure from US yields and Japanese authorities
Dollar under pressure from US yields and Japanese authorities
Apr 29, 2024
Dollar fell in European trade on Monday against a basket of major rivals, resuming gains after a hiatus on Friday and approaching two-week lows as US 10-year treasury yields slowed down. The greenback is also pressured by the Japanese governments intervention to support the yen after tumbling below 160 per dollar for the first time since 1990. The Index The...
The Australian dollar shines and the Japanese yen collapses!
The Australian dollar shines and the Japanese yen collapses!
Apr 28, 2024
Market Updates on Foreign Currencies The Australian currency tops the list of winning currencies. Renewed inflationary pressures on the Australian Reserve. The Japanese currency suffers severe losses due to the Bank of Japan. The yen records historic lows against most currencies. Last week, we observed a distinct shine for the Australian dollar in foreign exchange markets, topping the list of...
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Sector Update: Energy
Sector Update: Energy
Jul 12, 2024
09:04 AM EDT, 07/12/2024 (MT Newswires) -- Energy stocks were advancing premarket Friday with the Energy Select Sector SPDR Fund (XLE) up 0.4% recently. The United States Oil Fund (USO) was 0.2% higher and the United States Natural Gas Fund (UNG) was up 0.2%. Front-month US West Texas Intermediate crude oil was up 0.9% at $83.35 per barrel at the...
Sector Update: Health Care Stocks Mixed Premarket Friday
Sector Update: Health Care Stocks Mixed Premarket Friday
Jul 12, 2024
09:12 AM EDT, 07/12/2024 (MT Newswires) -- Health care stocks were mixed premarket Friday with the Health Care Select Sector SPDR Fund ( XLV ) down 0.2% and the iShares Biotechnology ETF ( IBB ) up almost 1% recently. Immutep ( IMMP ) rose past 17% after saying it achieved positive results from cohort B of the TACTI-003 phase 2b...
US STOCKS-Wall St set for muted open after mixed bank results, PPI data
US STOCKS-Wall St set for muted open after mixed bank results, PPI data
Jul 12, 2024
(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window.) * US producer prices rise moderately in June * JPMorgan ( JPM ) profit jumps; shares dip in choppy trading * Wells Fargo ( WFC ) drops after profit falls on deposit costs * BNY up after Q2 profit...
Wall St set for muted open after mixed bank results, PPI data
Wall St set for muted open after mixed bank results, PPI data
Jul 12, 2024
(Reuters) - Wall Street was set for a subdued open on Friday as investors digested mixed results from big banks, while slightly hotter-than-expected producer price numbers reined in bets that the Federal Reserve would begin easing interest rates in September. JPMorgan Chase's second-quarter profit increased on a boost from rising investment banking fees and an $8 billion accounting gain from...
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Ethereum price (ETHUSD) crawls downwards – Forecast today - 08-05-2024
Ethereum price (ETHUSD) crawls downwards – Forecast today - 08-05-2024
May 7, 2024
Ethereum Price (ETHUSD) Performance Analysis and Outlook for the Next Sessions Expected Scenario Expected decline towards testing 2905.30$ mainly Breaking this level will extend the bearish wave to reach 2800.00$ followed by 2623.80$ areas Ethereum price (ETHUSD) fluctuates with calm negativity to gradually crawl towards our waited negative target at 2905.30$, waiting for more decline in the upcoming sessions, noting...
Bitcoin price (BTCUSD) is affected by negative pattern – Forecast today - 08-05-2024
Bitcoin price (BTCUSD) is affected by negative pattern – Forecast today - 08-05-2024
May 7, 2024
Bitcoin Price (BTCUSD) Performance Analysis and Outlook for the Next Sessions Expected Scenario Expected decline towards testing 60252.85$ mainly Breaching 63145.00$ will stop the decline, leading to potential recovery towards 65390.00$ Bitcoin price (BTCUSD) ended yesterday with clear negativity, starting today with more decline to move below the EMA50, and by taking a deeper look at the chart, we find...
Wheat price tests the support base – Forecast today - 08-05-2024
Wheat price tests the support base – Forecast today - 08-05-2024
May 7, 2024
Wheat Price Analysis Outlook and Forecast for Current Trading Sessions Expected Scenario Price tested the support line at 641.50$ and maintained stability above it Active bullish trend scenario, targeting 660.00$ and 675.50$ levels as next targets Wheat price tested the support line formed at 641.50$ after breaching it previously and kept its stability above it, to keep the bullish trend...
Brent oil price resumes the decline – Forecast today - 08-05-2024
Brent oil price resumes the decline – Forecast today - 08-05-2024
May 7, 2024
Brent Oil Price Analysis Outlook and Forecast for Current Trading Sessions Expected Scenario Brent oil price shows new negative trades, gradually approaching the waited negative target at 82.40$ Surpassing this level suggested to achieve more bearish correction on intraday basis Affected by the double top pattern on the chart, with next correctional target at 80.08$ Bearish trend supported by negative...
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Alexandria Real Estate lifts annual FFO forecast on higher occupancy
Alexandria Real Estate lifts annual FFO forecast on higher occupancy
Oct 22, 2024
Oct 21 (Reuters) - Real estate investment trust Alexandria Real Estate Equities ( ARE ) beat Wall Street estimates for third-quarter funds from operations (FFO) on Monday, driven by higher occupancy. Alexandria's occupancy of operating properties in North America as of Sept. 30 stood at 94.7%, compared with 93.7% a year earlier. The Pasadena, California-based company operates and develops life...
Elcora Advanced Materials Looks to Extend Convertible Promissory Note Maturity Date
Elcora Advanced Materials Looks to Extend Convertible Promissory Note Maturity Date
Oct 22, 2024
04:44 PM EDT, 10/21/2024 (MT Newswires) -- Elcora Advanced Materials ( ECORF ) after trade Monday said it plans to amend the terms of an 8%, unsecured convertible promissory note with a principal amount of $102,750. The company said it plans to change the maturity date of the note from Sept. 27 to March 27, 2025. The note can be...
United Airlines Holdings Insider Sold Shares Worth $1,044,000, According to a Recent SEC Filing
United Airlines Holdings Insider Sold Shares Worth $1,044,000, According to a Recent SEC Filing
Oct 22, 2024
04:41 PM EDT, 10/21/2024 (MT Newswires) -- Torbjorn J Enqvist, Executive Vice President & Chief Operations Officer, on October 17, 2024, sold 14,500 shares in United Airlines Holdings ( UAL ) for $1,044,000. Following the Form 4 filing with the SEC, Enqvist has control over a total of 30,427 shares of the company, with 30,427 shares held directly. SEC Filing:...
WisdomTree pays $4 million over SEC greenwashing charges
WisdomTree pays $4 million over SEC greenwashing charges
Oct 22, 2024
WASHINGTON (Reuters) - New York-based investment adviser WisdomTree Asset Management agreed to pay $4 million to settle Securities and Exchange Commission charges over misstatements and compliance failures relating to what the firm said was an environmental, social, and governance (ESG) investment strategy. From March 2020 until November 2022, WisdomTree said three ESG exchange-traded funds did not invest in companies involved...
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Hacker Transfers $10M from 2023 Phishing Attack to Tornado Cash: CertiK
Hacker Transfers $10M from 2023 Phishing Attack to Tornado Cash: CertiK
Mar 22, 2024
Phishing scams have wreaked havoc in the digital asset ecosystem and are making a comeback amidst market-wide recovery. These attacks have grown increasingly sophisticated, leading to high-profile crypto investors, whales, and prominent industry figures becoming victims, ultimately resulting in substantial financial losses. In its latest update on March 21st, CertiK identified a deposit of 3,700 ETH into Tornado Cash on...
Solana Flips Ethereum: Captures Nearly Half of Global Crypto Investor Interest: Report
Solana Flips Ethereum: Captures Nearly Half of Global Crypto Investor Interest: Report
Mar 22, 2024
Solana (SOL) has become the most popular blockchain ecosystem in 2024, capturing nearly 50% of global crypto investor interest in chain-specific narratives, according to a recent report by crypto data aggregator CoinGecko. The report follows the accelerated resurgence of SOL this year, currently at $177 and getting closer to its 2021 highs. Another reason behind Solana’s massive traction is the...
Bitcoin Struggles at $66K; Ripple’s XRP Defies Bearish Momentum (Market Watch)
Bitcoin Struggles at $66K; Ripple’s XRP Defies Bearish Momentum (Market Watch)
Mar 22, 2024
The cryptocurrency market has failed to recover as swiftly as many expected it to, and Bitcoins price seems to be struggling to break above $66K definitively. Most of the altcoins are also trading in the red, with two notable exceptions. Bitcoin Fails at $66K As seen in the chart below, Bitcoins price was unable to retain its bullish momentum that...
Montenegro’s Court of Appeal Upholds Ruling on Do Kwon’s Extradition to South Korea
Montenegro’s Court of Appeal Upholds Ruling on Do Kwon’s Extradition to South Korea
Mar 21, 2024
After a series of back-and-forths regarding Do Kwons extradition, it appears that the Terraform Labs co-founder and former CEO may finally be handed over to South Korean authorities after the Appellate Court of Montenegro confirmed a previous decision to extradite him to his native country. Terraform Labs’ Chief Executive Officer, who was arrested in March 2023 with Kwon in Montenegro,...
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