The Bank of England revealed the tally of today's policy vote at the June 19 meeting, with 6 members voting in favor of holding rates steady, and 3 members voting in favor of a 0.25% rate cut. The markets expected a bigger 7-2 margin in favor of holding rates steady. ...

The US dollar stabilized on Thursday amid mounting concerns about a wider conflict in the Middle East while traders assess latest decisions by global central banks, including a surprise rate cut by the Norwegian Central Bank, keeping traders cautious. A spike in geopolitical tensions boosted the dollar, which recently reclaimed its status as a safe haven, with both Iran and...

Escalating Geopolitical Tensions in the Middle East Markets Await Key Sector Data from Europe The euro declined in the European market on Monday at the start of the weeks trading against a basket of global currencies, resuming losses that had paused for two days against the U.S. dollar. This is due to investors risk aversion and focus on the dollar...

The Bank of England voted to hold interest rates unchanged at below 4.5%, the lowest sincne March 2023, matching expectations. ...

(For a Reuters live blog on U.S., UK and European stock markets, click/ or type LIVE/ in a news window.) * Nike ( NKE ) gains after Jefferies upgrades to 'buy' * Berkshire Hathaway's class B shares gain after co posts record Q4 profit * Domino's Pizza falls after missing Q4 same-store sales estimates * Futures up: Dow 0.73%, S&P...

08:06 AM EST, 02/24/2025 (MT Newswires) -- Americas Gold and Silver ( USAS ) ticked 4.9% higher at last look on Monday in U.S. pre-market trading as it provided an update on its ongoing work programs at the Galena Complex in Idaho. The company said upgrades are underway for the No. 3 shaft hoist, with completion expected in the fourth...

08:45 AM EST, 02/24/2025 (MT Newswires) -- Technology stocks were mixed premarket Monday, with The Technology Select Sector SPDR Fund (XLK) up 0.4% and the SPDR S&P Semiconductor ETF (XSD) 0.2% lower. WeRide ( WRD ) shares were up past 14% after the company said it received approval to launch its latest robotaxi model, the GXR, for fully unmanned paid...

08:16 AM EST, 02/24/2025 (MT Newswires) -- The broad market exchange-traded fund SPDR S&P 500 ETF Trust ( SPY ) was up 0.5% and the actively traded Invesco QQQ Trust (QQQ) advanced 0.4% in Monday's premarket activity as investors focus on upcoming inflation data. US stock futures were also higher, with S&P 500 Index futures up 0.5%, Dow Jones Industrial...

Crude Oil Price Analysis Expected Scenario The Crude oil price demonstrates a bullish bias, nearing the key resistance level at 79.60$. This level forms part of a sideways range alongside the 77.64$ support, indicating a prevailing sideways bias in intraday trades. The next clear direction will be determined upon the price surpassing one of these levels. A breach of the...

Wheat Price Analysis Expected Scenario Wheat price provided new negative trades yesterday to test 670.00$ barrier, and by taking a deeper look at the chart, we find that the price completed forming double top pattern that supports the chances of continuing the decline in the upcoming sessions, waiting to visit 647.60$ as a next main target. Therefore, we will continue...

Corn Price Analysis Expected Scenario Corn price declined strongly yesterday to approach the waited target at 461.90$, being aware that it is important to monitor the price at this level, as breaking it represents the key to extend the bearish wave to reach 449.20$ areas as a next main station. Holding below 474.70$ is important to the continuation of the...

Silver Price Analysis Expected Scenario The Silver price rallied strongly yesterday, reaching our second target at 29.80$. However, solid resistance is observed at this level, accompanied by negative signals from stochastic indicators. This may lead to negative trades in the upcoming sessions, potentially testing 28.90$ initially. If the price breaches 29.80$, the negative scenario will be invalidated, and the price...

As part of the Yatra, more than 2,500 mobile performing vans and over 200 mobile theatre vans will be pressed into service to cover the 2.55 lakh gram panchayats and clusters in all cities and towns of the country.

A senior leader who attended the meeting said Venugopal asked state leaders to support state Congress chief Ashok Chavan and warned that party president Rahul Gandhi will not tolerate any indiscipline.

The cases were lodged against Union Minister of State Rajeev Chandrasekhar over his controversial social media posts following the blasts at a convention centre in Kochi during a prayer meeting of Christian religious group Jehovah's Witnesses.

Rajasthan Election Exit Poll Results 2023: The exit poll results will be announced on Thursday, November 30, at 6.30 pm after voting in Telangana gets over. Rajasthan is known for its anti-incumbency, with the state swinging between the BJP and Congress in the past elections.

07:31 AM EST, 01/23/2025 (MT Newswires) -- The macroeconomic arguments for the Bank of Canada to cut by 25bps next Wednesday and down to an accommodative level of 2% in 2025 is clear -- the inability of growth to accelerate to a sustained above-trend rate resulting in downside inflation risks, said RBC. The harder part of the BoC call is...

07:33 AM EST, 01/23/2025 (MT Newswires) -- Visa (V) said Thursday it invested in Moniepoint, a Nigerian-based business payments and banking services platform, to enhance financial inclusion and support small and medium enterprise growth across Africa. The company said Moniepoint processes over 1 billion transactions each month, with more than $22 billion in total payment volume. ...

07:30 AM EST, 01/23/2025 (MT Newswires) -- First Bancorp (FBP) reported Q4 adjusted earnings Thursday of $0.46 per diluted share, down from $0.49 a year earlier. Analysts polled by FactSet expected $0.40. Revenue for the quarter ended Dec. 31, expressed as the sum of net interest income and total noninterest income, was $241.5 million compared with $230.3 million a year...

Jan 23 (Reuters) - Private equity-backed Northpointe Bancshares filed for an initial public offering in the United States on Thursday, setting the stage for the first notable U.S. bank flotation in New York this year. WHY IT'S IMPORTANT The post-election optimism around the banking sector is set to continue in 2025, fueled by hopes of an easing regulatory environment and...

The landscape in the cryptocurrency space can change drastically in days. Recall that bitcoin tapped a new all-time high of over $108,000 on Tuesday, but its price has slumped to $94,500 since then. This came after a few remarks by Federal Reserve Chair Jerome Powell, who warned that the central bank could not purchase BTC despite Trumps promises and that...

Bitcoins massive rise from under $70,000 to over $108,000 within a month and a half after Donald Trumps landslide victory in the US presidential elections left some investors outside the circle. However, the ever-volatile nature of BTC always leads to substantial corrections that provide opportunities for those who missed the initial train to get on board. In the past couple...

Bitcoins price actions in the past few days have been nothing short of a substantial correction that pushed it south by around thirteen grand. It seems Powells comments made during the latest FOMC meeting have scared US investors as they pulled over $670 million from the spot Bitcoin ETFs within just a day. Red Record After slashing the key interest...

After agreeing to curtail its ambitious Bitcoin initiatives, El Salvador has reached a $1.4 billion loan arrangement with the International Monetary Fund (IMF). The agreement, which needs the approval of the IMF Executive Board, aims to support El Salvadors reform agenda, boost fiscal and external sustainability, and create conditions for stronger, inclusive growth. IMF Loan Agreement with El Salvador According...