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Dollar backs off two-week high ahead of US growth data
Dollar backs off two-week high ahead of US growth data
May 30, 2024
Dollar fell in European trade on Thursday against a basket of major rivals away from two-week highs on active profit-taking, while US treasury yields tapered off. The decline came ahead of crucial US GDP growth data for the first quarter of the year, in addition to unemployment claims data, which will offer fresh clues on the likely path ahead for...
Gold Price Forecast: Bearish Continuation in Play with Key Support Under Threat
Gold Price Forecast: Bearish Continuation in Play with Key Support Under Threat
May 30, 2024
Most Read: Market Sentiment Analysis Outlook - EUR/USD, USD/CAD, Dow Jones 30 Gold (XAU/USD) has enjoyed a remarkable rally this year, peaking near $2,450 in early May. However, the upward impetus has recently started to wane, with bullion retreating over 4% from its highs in the past few trading sessions. This price correction suggests a shift in investor sentiment, with...
Why's the UK trying to bolster its nuclear energy infrastructure?
Why's the UK trying to bolster its nuclear energy infrastructure?
May 31, 2024
The UK government has ambitious goals for the quick expansion of the nuclear energy sector in the country, with plans to build two nuclear power stations in the next decade, both were already approved, with the aim of shifting the UK away from the reliance on fossil fuels. The UK government recently announced plans for the biggest expansion in nuclear...
Yen opens the week on a positive note
Yen opens the week on a positive note
Jun 2, 2024
Yen rose in Asian trade on Monday against a basket of major rivals, resuming gains against the dollar after the Japanese government revealed it intervened into the forex market last month to prop up the local currency. The gains are also underpinned by slower US 10-year treasury yields following somewhat stable personal spending data, which likely paves the way for...
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US Equity Futures Higher as Trump Considers 80% China Tariffs
US Equity Futures Higher as Trump Considers 80% China Tariffs
May 26, 2025
08:14 AM EDT, 05/09/2025 (MT Newswires) -- US stock futures were higher in premarket activity Friday after US President Donald Trump posted on Truth Social that an 80% tariff on China seems right! The Dow Jones Industrial Average futures were up 0.2%, S&P 500 futures edged up 0.3%, and Nasdaq futures gained 0.3%. Oil prices were surging higher with front-month...
Sector Update: Health Care
Sector Update: Health Care
May 26, 2025
08:59 AM EDT, 05/09/2025 (MT Newswires) -- Health care stocks were steady premarket Friday with the Health Care Select Sector SPDR Fund (XLV) up 0.2% and iShares Biotechnology ETF (IBB) recently inactive. Iovance Biotherapeutics ( IOVA ) shares fell nearly 36% after the company lowered its 2025 product revenue guidance. The company also posted a wider Q1 loss and lower...
Sector Update: Tech Stocks Advance Premarket Friday
Sector Update: Tech Stocks Advance Premarket Friday
May 26, 2025
09:11 AM EDT, 05/09/2025 (MT Newswires) -- Technology stocks advanced premarket Friday, with the Technology Select Sector SPDR Fund (XLK) up 0.5% and the SPDR S&P Semiconductor ETF ( XSD ) 1.3% higher recently. Lyft ( LYFT ) shares were up over 11% after the company reported that it swung to Q1 earnings as revenue rose during the period. Pinterest...
Exchange-Traded Funds, Equity Futures Higher Pre-Bell Friday Ahead of US-China Trade Talks
Exchange-Traded Funds, Equity Futures Higher Pre-Bell Friday Ahead of US-China Trade Talks
May 26, 2025
08:47 AM EDT, 05/09/2025 (MT Newswires) -- The broad market exchange-traded fund SPDR S&P 500 ETF Trust ( SPY ) was up 0.1% and the actively traded Invesco QQQ Trust (QQQ) was 0.2% higher in Friday's premarket activity as investors weigh optimism from upcoming US-China trade talks. US stock futures were mixed, with S&P 500 Index futures up 0.4%, Dow...
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Best photos from the past week in Asia
Best photos from the past week in Asia
Aug 2, 2019
National rescue agency workers walk near buildings covered in volcanic ash from the eruption of Mount Tangkuban Perahu in Indonesia. It's one of several active volcanos in the country.In other images from the Asia-Pacific region this week, protesters disrupted subway service and staged other demonstrations in Hong Kong as they continued their protests against the territory's government.Japan's Emperor Naruhito speaks in the upper house of parliament in his first opening speech for a Diet session since ascending to the Chrysanthemum Throne.US Secretary of State Mike Pompeo and Asia-Pacific foreign ministers cross their arms for a traditional "ASEAN handshake" during an annual meeting of the Association of Southeast Asian Nations.
IPO proceeds will flush out the company's debt, says Sterling and Wilson Solar's Khurshed Daruvala
IPO proceeds will flush out the company's debt, says Sterling and Wilson Solar's Khurshed Daruvala
Aug 1, 2019
Sterling and Wilson Solar Ltd (SWSL), the end-to-end solar engineering, procurement and construction (EPC) solutions provider, will hit the capital market with an initial public offering (IPO) on August 6. CNBC-TV18 spoke with Sterling & Wilson Solar promoter Khurshed Daruvala and asked him about the IPO under the current market conditions.
CCD's VG Siddhartha dies: India has lost a true home-grown entrepreneur, says HDFC’s Deepak Parekh
CCD's VG Siddhartha dies: India has lost a true home-grown entrepreneur, says HDFC’s Deepak Parekh
Jul 31, 2019
CNBC-TV18 spoke to veteran corporate leader and chairman of HDFC Deepak Parekh on CCD founder VG Siddhartha's death and the message it sends to India Inc, private equity investors and tax authorities.
Essel Group sells 11% stake in ZEEL in a deal worth Rs 4,224 crore
Essel Group sells 11% stake in ZEEL in a deal worth Rs 4,224 crore
Jul 31, 2019
Essel Group has sold an 11 percent stake in ZEE Entertainment Enterprises Ltd. (ZEEL) to Invesco Oppenheimer Developing Markets Fund in a deal worth Rs 4,224 crore on Wednesday.
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Bitcoin’s Sharp Rejection at $113.5K Sparks $330M Wipeout
Bitcoin’s Sharp Rejection at $113.5K Sparks $330M Wipeout
Sep 5, 2025
Bitcoins gradual price recovery that took the asset to a weekly peak earlier today came to a screeching end as the asset was violently rejected at that line. The altcoins followed suit, which has wrecked overleveraged traders, with more than 80,000 such market participants getting liquidated over the past day. The primary cryptocurrency had a tough week, in which its...
Ripple Price Bearish Warning: XRP Reserves Climb to Highest Level in a Year
Ripple Price Bearish Warning: XRP Reserves Climb to Highest Level in a Year
Sep 5, 2025
TL;DR XRP reserves jump to 3.58B on Binance, signaling increased selling risk and weaker market demand. Whale deposits fall below 30-day average, offering temporary relief from intense selling pressure. Futures open interest remains high at $7.43B, hinting at looming volatility if positions unwind. Binance Reserves Reach New High XRP reserves on Binance have climbed to 3.58 billion tokens, marking a...
Ripple Price Analysis: XRP’s Failure to Break Out of Consolidation Spells Trouble Ahead
Ripple Price Analysis: XRP’s Failure to Break Out of Consolidation Spells Trouble Ahead
Sep 5, 2025
Ripples native token remains under pressure, consolidating inside a descending structure after its last impulsive move higher. Both the daily and 4-hour charts highlight a decisive technical setup, where the market is compressing toward critical levels that will likely dictate the next major swing. Ripple Analysis By Shayan The Daily Chart On the daily timeframe, XRP is trading within a...
Ethereum Supply Crisis? Billions in ETH Exit Exchanges
Ethereum Supply Crisis? Billions in ETH Exit Exchanges
Sep 5, 2025
TL;DR Exchange balances fall from 27M ETH peak to negative, showing historic withdrawals and tightened liquid supply. Ethereum trades at $4,390, down 3% weekly, but outflows suggest long-term accumulation by holders. ETFs add demand alongside exchange withdrawals, with analysts projecting ETH could target $10,000 next cycle. Exchange Balances Turn Negative Ethereum’s exchange flux balance has slipped into negative territory for...
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