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​​​​​​Dow Muted in Early Trading, while Nasdaq 100 Returns to Recent Highs and Nikkei 225 Makes Progress
​​​​​​Dow Muted in Early Trading, while Nasdaq 100 Returns to Recent Highs and Nikkei 225 Makes Progress
Jun 11, 2024
Dow Jones 30, Nasdaq 100, Nikkei 225 Analysis and Charts ​​​Dow stabilises but struggles to move higher ​After dropping back on Friday the index managed to recover on Monday, holding above the lows of Friday’s session. ​This allows the price to begin a move back towards the previous highs at 40,000, so long as the 50-day simple moving average (SMA)...
Market Update – Risk Sentiment Slips, Gold, VIX Better Bid as US CPI and FOMC Near
Market Update – Risk Sentiment Slips, Gold, VIX Better Bid as US CPI and FOMC Near
Jun 11, 2024
Risk Sentiment Slips, Gold, VIX Better Bid as US CPI and FOMC Near European indices are lower Tuesday, US counterparts are also in the red.Gold respects support but pullback remains muted.US CPI and FOMC decision out on Wednesday. Recommended by Nick Cawley Building Confidence in Trading European indices are still feeling the effects of last weekend’s European Elections where right-wing...
Aussie resumes losses after grim data
Aussie resumes losses after grim data
Jun 11, 2024
The Australian dollar resumed its losses in Asian trade on Tuesday against a basket of major rivals, approaching five-week lows against its US counterpart following grim data A stream of weak Australian dollar underpinned hopes of early RBA interest rate cuts this year, in turn harming the Aussies standing. The Price The AUD/USD pair fell 0.3% today to 0.6591, with...
FOMC Preview: Dot Plot to Reveal Fewer Rate Cuts in 2024
FOMC Preview: Dot Plot to Reveal Fewer Rate Cuts in 2024
Jun 11, 2024
FOMC Decides Rate Outlook: FOMC almost certain to leave rates unchanged in light of stubborn inflation, robust jobsSummary of economic projections likely to validate market perceptions of a delayed first rate cutA hawkish Fed message may extend the dollars recent ascent but the inflation data may complicate matters in the lead up Fed to Stay the Course and Delay Timing...
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Gold Rises As Treasury Yields Drop After a Key U.S. Inflation Measure Eased in June
Gold Rises As Treasury Yields Drop After a Key U.S. Inflation Measure Eased in June
Jul 26, 2024
09:20 AM EDT, 07/26/2024 (MT Newswires) -- Gold moved higher early on Friday, rebounding form a day-prior drop as treasury yields weakened after the U.S. reported a key inflation measure slowed in June. Gold for December delivery was last seen up US$23.60 to US$2,423.50 per ounce, after dropping US$64.10 a day earlier. The US Bureau of Economic Analysis on Friday...
Explainer-Charting the Fed's economic data flow
Explainer-Charting the Fed's economic data flow
Jul 26, 2024
(Reuters) - The U.S. Federal Reserve held its benchmark overnight interest rate steady in the 5.25%-5.50% range at the conclusion of its June 11-12 policy meeting. U.S. central bank officials remain uncertain about the timing of a first rate cut and say they want to see more data confirming that inflation will fall, even if slowly. Among the key statistics...
Sector Update: Financial Stocks Edge Higher Premarket Friday
Sector Update: Financial Stocks Edge Higher Premarket Friday
Jul 26, 2024
09:23 AM EDT, 07/26/2024 (MT Newswires) -- Financial stocks were edging higher premarket Friday, with The Financial Select Sector SPDR Fund ( XLF ) up 0.7%. The Direxion Daily Financial Bull 3X Shares ( FAS ) was 1.3% higher and its bearish counterpart Direxion Daily Financial Bear 3X Shares ( FAZ ) was down 1.6%. Horace Mann Educators ( HMN...
US STOCKS-Wall St set for strong open as megacaps recover; inflation data in focus
US STOCKS-Wall St set for strong open as megacaps recover; inflation data in focus
Jul 26, 2024
(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window.) * US inflation rises moderately in June * Russell 2000 futures jump * Deckers, Baker Hughes ( BKR ) climb after results * Dexcom ( DXCM ) slips after cutting revenue forecast * Futures up: Dow 0.54%, S&P 500 0.71%,...
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What is the debate over Biodiversity Bill, likely to be tabled in monsoon session of Parliament
What is the debate over Biodiversity Bill, likely to be tabled in monsoon session of Parliament
Jul 12, 2023
The new bill exempts registered AYUSH practitioners and people accessing codified traditional knowledge, from sharing benefits with local communities or giving prior intimation to state biodiversity boards before accessing biological resources.
Rajasthan: Gehlot government begins Rs 2,500 cr dam project for Sabarmati, Sei rivers ahead of polls
Rajasthan: Gehlot government begins Rs 2,500 cr dam project for Sabarmati, Sei rivers ahead of polls
Mar 1, 2023
On Tuesday, the Gehlot government invited bids for both projects to build the dams within the next four years. The chief minister had announced both projects in last year’s budget.
ED attaches over Rs 10-crore assets in resort scam involving ex-Maha minister Anil Parab
ED attaches over Rs 10-crore assets in resort scam involving ex-Maha minister Anil Parab
Jan 4, 2023
The probe pertains to Dapoli resort, which is allegedly illegal. The former minister and Shiv Sena (Uddhav) leader, Anil Parab, allegedly wangled a permit to use land meant for agricultural use. The ED had started the investigation under the the Prevention of Money Laundering Act (PMLA) after a complaint from the Environment Ministry.
Brahmapuram waste plant fire: Kerala Assembly witnesses uproarious scenes, LoP says CM running away from issue
Brahmapuram waste plant fire: Kerala Assembly witnesses uproarious scenes, LoP says CM running away from issue
Mar 13, 2023
A fire that broke out at the waste treatment plant in Kochi on March 2, 2023, continues to spread toxic fumes even after 11 days of the incident. The Kerala government has said that 95 percent of the fire has been extinguished, but the smoke from the landfill has not entirely subsided. 
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Uber Q3 Earnings: 31 Million Daily Trips, $1Billion Op Income, CEO Not Looking For Big M&A Deals, CFO Expects To Grow Organically
Uber Q3 Earnings: 31 Million Daily Trips, $1Billion Op Income, CEO Not Looking For Big M&A Deals, CFO Expects To Grow Organically
Oct 31, 2024
Uber Technologies, Inc ( UBER ) reported fiscal third-quarter 2024 revenue growth of 20% year-on-year to $11.188 billion, beating the analyst consensus of $10.97 billion. Uber ( UBER ) reported GAAP EPS of 46 cents and adjusted EPS of 46 cents, which beat the analyst consensus of 41 cents. The stock plunged after the report. Also Read: Li Auto Q3 Earnings: 24%...
McGrath Rent Insider Sold Shares Worth $572,558, According to a Recent SEC Filing
McGrath Rent Insider Sold Shares Worth $572,558, According to a Recent SEC Filing
Oct 31, 2024
06:10 PM EDT, 10/30/2024 (MT Newswires) -- Keith E Pratt, Executive VP and CFO, on Oct. 28, sold 5,000 shares in McGrath Rent (MGRC) for $572,558. Following the Form 4 filing with the SEC, Pratt has control over a total of 51,867 shares of the company, with 51,867 shares held directly. SEC Filing: https://www.sec.gov/Archives/edgar/data/752714/000075271424000032/xslF345X05/primary_doc.xml ...
--Street Color: Ford Motor to Stop Manufacturing F-150 Lightning in Mid-November Through End of 2024 : Automotive News
--Street Color: Ford Motor to Stop Manufacturing F-150 Lightning in Mid-November Through End of 2024 : Automotive News
Oct 31, 2024
08:36 AM EDT, 10/31/2024 (MT Newswires) -- Price: 10.46, Change: -0.01, Percent Change: -0.10 ...
Market Chatter: Manulife Financial Cuts Global Wealth Division Jobs
Market Chatter: Manulife Financial Cuts Global Wealth Division Jobs
Oct 31, 2024
08:35 AM EDT, 10/31/2024 (MT Newswires) -- Manulife Financial ( MFC ) has cut hundreds of jobs in its global wealth and asset management business, according to media reports. BNN Bloomberg said 225 jobs, or 2.5% of the division's staff, will be eliminated, citing a Toronto Star report. Manulife's wealth and asset management division had more than $1.1 trillion of...
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Trump’s Strategic Bitcoin Reserve Sparks Backlash Over Alleged Self
Trump’s Strategic Bitcoin Reserve Sparks Backlash Over Alleged Self
Mar 14, 2025
In a strong rebuke of President Donald Trumps latest financial policy, Democratic Representative Gerald E. Connolly has called on the US Treasury Department to immediately halt efforts to establish a strategic cryptocurrency reserve. Connolly, who serves as the Ranking Member of the House Oversight and Government Reform Committee, raised concerns over what he described as a blatant conflict of interest,...
SOL and SUI Gain Momentum as BTC Price Stabilizes at $84K (Weekend Watch)
SOL and SUI Gain Momentum as BTC Price Stabilizes at $84K (Weekend Watch)
Mar 15, 2025
Bitcoin surged by over three grand on Friday but failed to overcome the resistance at $85,000 and has slipped by about a grand since then. Several altcoins have produced impressive gains over the past day, and ATOM stands out as the only one with a double-digit increase. BTC at $84K The primary cryptocurrency had a rocky start to the week...
CZ Denies Trump
CZ Denies Trump
Mar 14, 2025
Changpeng “CZ” Zhao has denied claims that representatives of President Donald Trump’s family were involved in discussions to acquire a financial stake in Binance.US. This was after the Wall Street Journal (WSJ) published a report suggesting such talks had taken place. Details From The Statement Following the report’s release, Zhao addressed the claims in a March 13 post on X,...
Bitcoin Price Targets $90,000 as BTC Whales Go on Accumulation Spree
Bitcoin Price Targets $90,000 as BTC Whales Go on Accumulation Spree
Mar 15, 2025
Bitcoins price recovered from a massive drop to a four-month low earlier this week and sits about seven grand higher now. Analysts believe that it could continue climbing and reach $90,000 as long as it remains above the $84,000 support level, which is being tested now. Whales Buying, BTC Rising Large BTC wallets, typically referred to as whales or sharks,...
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