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Aussie moves in a positive zone after inflation data
Aussie moves in a positive zone after inflation data
May 25, 2025
The Australian dollar rose in Asian trade on Wednesday against the US dollar after a short hiatus yesterday, with the pair heading towards four-month high and about to mark the second monthly profit in a row. Earlier Sydney data showed inflationary pressures remained persistent on monetary policymakers, casting doubts on the odds of an Australian interest rate cut in May....
Aussie hits one-week high after strong wages data
Aussie hits one-week high after strong wages data
May 25, 2025
The Australian dollar rose in Asian trade on Wednesday against a basket of major rivals, expanding gains for the second straight session against the US dollar and hitting a week high, while approaching five-week highs following strong Australian wages data. The data renewed inflationary pressures on the Reserve Bank of Australias policymakers, which hurt the odds of a rate cut...
Aussie is worst performing currency after RBA rate cut
Aussie is worst performing currency after RBA rate cut
May 25, 2025
The Australian dollar tumbled on Tuesday against a basket of major rivals, resuming losses against the US counterpart after a short hiatus and becoming the worst performing G8 currency after the RBAs rate cut. The Reserve Bank of Australia voted to cut interest rates by 25 basis points to 3.85%, the lowest since May 2023, as inflation cooled. The Price...
Aussie rallies to five-month high after Labor's election win
Aussie rallies to five-month high after Labor's election win
May 25, 2025
The Australian dollar rallied in Asian trade on Monday to a five-month high against the US dollar, expanding gains for the second straight session and on track towards 65 cents. It comes after a historic win by the governing Labor Party, which bolsters the governments position towards growing global trade risks from Trumps tariffs. The Price The AUD/USD price rose...
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Sector Update: Health Care
Sector Update: Health Care
Jun 11, 2025
03:31 PM EDT, 06/11/2025 (MT Newswires) -- Health care stocks were mixed late Wednesday afternoon with the NYSE Health Care Index fractionally higher and the Health Care Select Sector SPDR Fund (XLV) easing 0.1%. The iShares Biotechnology ETF (IBB) shed 0.5%. In corporate news, Vivani Medical ( VANI ) shares rose 1.7% after it said Wednesday it appointed Anthony Baldor...
Sector Update: Consumer Stocks Softer in Late Afternoon Trading
Sector Update: Consumer Stocks Softer in Late Afternoon Trading
Jun 11, 2025
03:45 PM EDT, 06/11/2025 (MT Newswires) -- Consumer stocks fell late Wednesday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) down 0.5% and the Consumer Discretionary Select Sector SPDR Fund (XLY) declining 0.9%. In corporate news, Apollo Global (APO) and Qatari investment fund Irth Capital have made an offer to buy Papa John's (PZZA), which could value the...
Sector Update: Tech Stocks Fall Late Afternoon
Sector Update: Tech Stocks Fall Late Afternoon
Jun 11, 2025
03:51 PM EDT, 06/11/2025 (MT Newswires) -- Tech stocks declined late Wednesday afternoon with the Technology Select Sector SPDR Fund (XLK) dropping 0.3% and the SPDR S&P Semiconductor ETF (XSD) decreasing 0.7%. The Philadelphia Semiconductor index shed 0.5%. In corporate news, Meta (META) is recruiting engineers from rival tech companies, including Alphabet's (GOOG) Google, to form a team to develop...
Sector Update: Energy Stocks Gain Late Afternoon
Sector Update: Energy Stocks Gain Late Afternoon
Jun 11, 2025
03:40 PM EDT, 06/11/2025 (MT Newswires) -- Energy stocks were higher late Wednesday afternoon, with the NYSE Energy Sector Index rising 1.5% and the Energy Select Sector SPDR Fund (XLE) up 1.1%. The Philadelphia Oil Service Sector index added 1%, and the Dow Jones US Utilities index was 0.1% higher. US crude oil stocks, including those in the Strategic Petroleum...
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Here's How Much $1000 Invested In Guidewire Software 10 Years Ago Would Be Worth Today
Here's How Much $1000 Invested In Guidewire Software 10 Years Ago Would Be Worth Today
Jun 2, 2025
Guidewire Software ( GWRE ) has outperformed the market over the past 10 years by 4.59% on an annualized basis producing an average annual return of 15.6%. Currently, Guidewire Software ( GWRE ) has a market capitalization of $18.05 billion. Buying $1000 In GWRE: If an investor had bought $1000 of GWRE stock 10 years ago, it would be worth...
48 Analysts Have This To Say About Zscaler
48 Analysts Have This To Say About Zscaler
Jun 2, 2025
Zscaler ( ZS ) underwent analysis by 48 analysts in the last quarter, revealing a spectrum of viewpoints from bullish to bearish. Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 14 25 9 0 0 Last...
Gold is offloading its overbought condition -Analysis-03-06-2025
Gold is offloading its overbought condition -Analysis-03-06-2025
Jun 2, 2025
The (Gold) price declined in its last intraday trading in a correctional move to gather the gains of the previous bullish wave, amid the attempts to gain a new positive momentum by offloading some of the clear overbought conditions on the (RSI), especially with the beginning of negative signals appearance, which may be preparing for more balanced move. The main...
Brent crude oil declines affected by its current resistance -Analysis-03-06-2025
Brent crude oil declines affected by its current resistance -Analysis-03-06-2025
Jun 2, 2025
The (Brent) price declined its last intraday trading, affected by the stability of the resistance level at $65.45, this resistance is our previously targeted resistance, accompanied by testing a minor bearish channels range on the short-term basis, with the emergence of the negative signals on the (RSI), after reaching overbought levels, on the other hand, the continuous dynamic support remains...
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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. 
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.
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.
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Market Chatter: Trump to Meet Goldman Sachs CEO Amid Tariff Jitters
Market Chatter: Trump to Meet Goldman Sachs CEO Amid Tariff Jitters
Jul 31, 2025
01:02 PM EDT, 07/31/2025 (MT Newswires) -- President Donald Trump is set to meet with Goldman Sachs ( GS ) CEO David Solomon at the White House on Thursday afternoon, Bloomberg reported, citing to sources familiar with the matter. The meeting comes as financial markets brace for the impact of US tariffs and questions over the administration's plans for banking...
US securities regulator lays out sweeping plans to accommodate crypto
US securities regulator lays out sweeping plans to accommodate crypto
Jul 31, 2025
(Reuters) -The head of the U.S. securities regulator unveiled sweeping plans to overhaul capital markets regulations on Thursday to accommodate cryptocurrencies and blockchain-based trading, in a major win for the digital asset industry, which has long pushed for tailored rules.  Securities and Exchange Commission Chair Paul Atkins said in remarks that he has directed commission staff to craft guidelines to...
Brazilian banks scramble to understand scope of US sanctions on Supreme Court justice
Brazilian banks scramble to understand scope of US sanctions on Supreme Court justice
Jul 31, 2025
* US sanctions target Justice Moraes under Global Magnitsky Act * Brazilian banks assess impact on domestic and international transactions * Lula condemns sanctions as interference in judiciary By Marcela Ayres BRASILIA, July 31 (Reuters) - Brazilian banks are scrambling to assess the domestic fallout from sweeping U.S. sanctions against a Supreme Court justice who oversees a criminal trial against...
Daimler Truck slashes key profit forecast on North America weakness
Daimler Truck slashes key profit forecast on North America weakness
Jul 31, 2025
FRANKFURT (Reuters) -Daimler Truck, one of the world's biggest truckmakers, on Thursday slashed a key profit forecast for 2025 due to continuous market weakness in North America, the latest warning from industry as U.S. President Donald Trump imposes tariffs on imports. The German company now expects adjusted earnings before interest and taxes (EBIT) in a range of 3.6 billion euros...
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Uniswap Labs Responds to SEC Wells Notice, Calls the Legal Basis “Weak”
Uniswap Labs Responds to SEC Wells Notice, Calls the Legal Basis “Weak”
May 22, 2024
Uniswap Labs, the company behind the decentralized exchange Uniswap, has issued a response to the Wells Notice from the U.S. Securities and Exchange Commission. Meanwhile, Uniswap’s native token UNI has surged 2.0% over the last 24 hours and 37% over the week to hit $9.48. Uniswap Labs Criticizes SECs Legal Basis In a blog post on May 21, Uniswap Labs...
Market Sentiment Analysis and Outlook: S&P 500, Dow Jones 30, Gold
Market Sentiment Analysis and Outlook: S&P 500, Dow Jones 30, Gold
May 22, 2024
Most Read: Euro Price Outlook - Euro Heads Lower as ECB June Meeting Nears In the ever-evolving realm of trading, it's easy to succumb to the herd mentality, where buying in bullish markets and selling during bearish phases appears to be the safest approach. Yet, experienced traders understand that significant potential often lies in unconventional strategies. This approach involves moving...
House Passes FIT21 Bill To Provide Crypto Legal Clarity With Two Thirds Majority
House Passes FIT21 Bill To Provide Crypto Legal Clarity With Two Thirds Majority
May 22, 2024
The U.S. House of Representatives passed legislation on Monday that will provide long-sought-after legal clarity around how crypto assets should be classified, registered, and custodied. The bill, titled the Financial Innovation and Technology for the 21st Century Act (FIT21), received near unanimous support from Republicans alongside 71 additional votes from Democrats, resulting in a final tally of 279 yea to...
Bitcoin Market Not ‘Top Heavy’ Yet But More Consolidation Expected: Analysts
Bitcoin Market Not ‘Top Heavy’ Yet But More Consolidation Expected: Analysts
May 22, 2024
BTC prices have retreated back below $70,000 during Wednesday morning’s Asian trading session but markets are not overbought yet, according to analyst James Check. “Right now, using a variety of volume metrics as the input, BTC prices appear to be right in line with the fundamentals,” he said in a newsletter on May 21. Moreover, the market looks like it...
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