US Dollar Slumps After NFPs Miss Expectations, US Equities Bid US NFPs print at 175k vs. forecasts of 243k.US dollar slumps as rate cut expectations improve. Recommended by Nick Cawley Get Your Free USD Forecast For all economic data releases and events see the DailyFX Economic Calendar The latest US Jobs Report showed hiring slowed in April with just 175k...

Dollar fell in European trade on Monday against a basket of major rivals, extending losses for the fourth straight session and approaching three-week lows as US 10-year treasury yields declined. Recent disappointing US labor data boosted the odds of two Fed interest rate cuts this year and in turn hurt the standing of the dollar. The odds of US interest...

FTSE 100, Dow Jones 30, Nasdaq 100 - Analysis and Charts ​​​FTSE 100 rallies above 8300 ​The index’s huge gains have continued, and the previous week saw the price hit new records. ​Further gains carry the price to new record highs, but with the price now significantly overextended from the 50-day simple moving average (SMA) by almost 5%, some near-term...

The dollar rose against most major rivals on Monday after stabilizing earlier in the session. It came after Wall Street recouped following weak US payrolls data on Friday, which showed the anti-inflation policies by the Fed are bearing fruits, in turn paving the way for policy tightening soon. Thus investors now expect nearly two interest rate cuts by the Federal...

SINGAPORE (Reuters) - Foreign investors have been turning to Australia's domestically focused stocks, choosing an often overlooked market as a trade-war hideout with a cheap currency and resilient economy. It is hard to quantify just how much capital has gone Down Under, since Australia's stock exchange does not publish timely flows data. But it has showed up in share registries....

NEW YORK (Reuters) -U.S. stocks advanced on Wednesday in choppy trading, buoyed as semiconductor stocks rallied late on a report that regulations on artificial intelligence chips would be loosened. For most of the session, stocks bounced around, and trading remained choppy after the Federal Reserve kept U.S. interest rates unchanged in a move that market participants expected. Close to the...

(Updates for markets open) May 8 (Reuters) - India's benchmark indexes opened little changed on Thursday, as investors assessed the ongoing tensions with neighbour Pakistan and as the U.S. Federal Reserve said risks of higher inflation and unemployment have risen due to the global trade war. The Nifty 50 fell 0.11% to 24,388.9 and the BSE Sensex lost 0.07% to...

ORLANDO, Florida, May 7 (Reuters) - Amid all the uncertainty surrounding U.S. growth, Federal Reserve policy, and the attractiveness of the dollar, the U.S. bond market is remarkably tranquil, calling into question long-held fears about the massive 'basis trade'. While Treasuries experienced a brief bout of volatility following the Trump administration's 'Liberation Day' tariffs last month, including a spike in...

Analysts' ratings for Clear Secure ( YOU ) over the last quarter vary from bullish to bearish, as provided by 7 analysts. The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective. Bullish Somewhat Bullish Indifferent...

(Reuters) - The U.S. government's antitrust lawsuit against Apple ( AAPL ) draws on the watershed 1998 case that broke Microsoft's ( MSFT ) stranglehold on desktop software, but that may prove to be an imperfect blueprint for addressing smartphone competition. The market for the iPhone today looks very different from the near-monopoly enjoyed by Microsoft's ( MSFT ) Windows...

AMSTERDAM, March 22 (Reuters) - The Netherlands' prime minister will travel to China next week for a meeting with Chinese President Xi Jinping on economic ties, the Dutch government said on Friday, a meeting that is likely to be strained over computer chip export policy matters. The Dutch government this year began denying licenses for ASML, the biggest supplier of...

The two companies will establish a DePIN alliance in south-east Asia.AIOZ's native token is currently trading flat after the announcement, it is up by more than 200% in 30 days.AIOZ Network will use Alibaba Cloud to improve Web 3, AI, storage and streaming services.Decentralized infrastructure network (DePIN) AIOZ Network has become the leading blockchain partner in Alibaba Cloud’s Innovation Accelerator...

The investigation moving forward would be the most productive thing that can happen now, according to Blinken's statement.

British politics is abuzz with musical chairs like excitement. PM Rishi Sunak, who had to remove his outspoken interior minister Suella Braverman for her article on a pro-Palestine march in UK, has brought ex-PM David Cameron — who had lost the top job over Brexit — back into the fresh equation.

Canadian Prime Minister Justin Trudeau also said on Tuesday (September 19) his government does not seek to 'escalate' tensions with India. This, in the backdrop of the two countries expelling a senior diplomat each.

Greece has repeatedly asked the British Museum to permanently return the 2,500-year-old sculptures that British diplomat Lord Elgin removed from the Parthenon temple in the early 19th century when he was ambassador to the Ottoman Empire.

11:28 AM EDT, 04/23/2024 (MT Newswires) -- Logitech International's ( LOGI ) growth is expected but investors will have to wait for the growth to materialize, Wedbush said in a note Tuesday. Performance in the first three quarters of fiscal 2024 hinted a turning point and the full year guidance balances a worst-case scenario throughout its segments and global logistics...

11:22 AM EDT, 04/23/2024 (MT Newswires) -- (Updates with the latest stock price movement in the headline and first paragraph.) LKQ (LKQ) shares fell nearly 13% in recent Tuesday trading after the company reported Q1 adjusted earnings of $0.82 per diluted share, compared with $1.04 a year earlier. Analysts surveyed by Capital IQ expected $0.95. Revenue for the quarter ended...

11:25 AM EDT, 04/23/2024 (MT Newswires) -- Mueller Industries ( MLI ) shares were up 6% in recent trading Tuesday after the company released its Q1 financial results. The company reported Q1 earnings, adjusted to reflect the two-for-one stock split in October, of $1.21 per diluted share, down from $1.54 a year earlier. An analyst polled by Capital IQ expected...

JetBlue Airways Corporation ( JBLU ) stock tumbled on Tuesday after the company announced a gloomy outlook. The air carrier reported a first-quarter adjusted EPS loss of 43 cents. It beat the consensus loss of 52 cents, up from a loss of 34 cents a year ago. The company reported sales of $2.21 billion, down 5% Y/Y, almost in line with the consensus...

The crypto market is experiencing one of its longest, most bitter winters in recent history. It has caused a massive...

A spot crypto ETF would track the market price of the underlying crypto asset, giving investors exposure to the token without having to buy the currency. The SEC has previously denied all spot bitcoin ETF applications citing potential for fraud, but that could soon change after it lost a legal battle in August.

Negotiations between the Justice Department and Binance include the possibility that its founder Changpeng Zhao would face criminal charges in the US under an agreement to resolve the probe into alleged money laundering, bank fraud and sanctions violations, according to the Bloomberg.

Binance will pay $4.3 billion in one of the largest corporate agreements in US history. Changpeng Zhao will pay a $50 million fine under a deal that requires him to step down as CEO. Zhao pleaded guilty Tuesday to violating the Bank Secrecy Act in federal court in Seattle.