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Aussie falls and shrugs off strong employment data
Aussie falls and shrugs off strong employment data
May 25, 2025
The Australian dollar fell against most major rivals on Thursday despite strong labor data. Australia's unemployment rate was unchanged in April at 4.1%, same as March, and matching expectations. The Australian economy added 89.0 thousand new jobs in April, easily beating estimates of a 20.9 thousand addition, while March's reading was revised to show the addition of 32.2 thousand jobs...
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...
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 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...
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Microstrategy price collects profits - Forecast today - 01-04-2024
Microstrategy price collects profits - Forecast today - 01-04-2024
Apr 1, 2024
Microstrategy Incorporated Stock Analysis Intraday levels of Microstrategy Incorporateds stock (MSTR) experienced a decline after nearing the main resistance level of $2000. The decline was attributed to profit-taking, however, there is momentum building for a potential rise. The dominance of the main upward trend in the medium and short terms, along with positive support from the 50-day SMA and signals...
Peeling Back The Layers: Exploring America Movil Through Analyst Insights
Peeling Back The Layers: Exploring America Movil Through Analyst Insights
Apr 1, 2024
Ratings for America Movil ( AMX ) were provided by 6 analysts in the past three months, showcasing a mix of bullish and bearish perspectives. The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total...
Bristol-Myers Squibb price pierces important resistance - Forecast today - 01-04-2024
Bristol-Myers Squibb price pierces important resistance - Forecast today - 01-04-2024
Apr 1, 2024
Bristol-Myers Squibb Stock Analysis Intraday levels of Bristol-Myers Squibb Companys stock (BMY) saw a rise, managing to surpass the important resistance level of $53.55. The dominance of an upward correctional trend in the short term, along with positive pressure from the 50-day SMA, and signals from the RSI after reaching oversold levels, contributed to the bullish sentiment. Forecast and Analysis...
Twilio appoints Sachem Head partner Andy Stafman to board
Twilio appoints Sachem Head partner Andy Stafman to board
Apr 1, 2024
NEW YORK (Reuters) - Cloud communications company Twilio ( TWLO ) has appointed a partner at Sachem Head Capital Management to its board, it said on Monday, as it faces pressure from several activist investment firms to make significant changes. Twilio ( TWLO ) added Andy Stafman and expanded the size of the board by one person to 10 people....
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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.
Govt blames inaction by AAP in Punjab, Delhi for bad air quality
Govt blames inaction by AAP in Punjab, Delhi for bad air quality
Nov 6, 2023
Accusing Kejriwal of being busy with election campaigning in poll-bound states and waking up to the situation late, Minister of State for Consumer Affairs, Food, and Public Distribution, Ashwini Kumar Choubey, said that the Centre had held a meeting with Chief Secretaries and senior officials from four North Indian states on 20th October to discuss measures to reduce air pollution, which he claims weren't adopted by the AAP-led governments.
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.
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Sony posts 7% fall in annual profit
Sony posts 7% fall in annual profit
May 13, 2024
TOKYO, May 14 (Reuters) - Japan's Sony Group ( SONY ) reported a 7% fall in annual operating profit on Tuesday. Profit for the year ended March was 1.2 trillion yen ($7.67 billion), in line with an average estimate from 23 analysts polled by LSEG. ($1 = 156.4200 yen) (Reporting by Sam Nussey; Editing by Subhranshu Sahu) ...
Apple supplier Foxconn's Q1 profit jumps 72% y/y, misses forecasts
Apple supplier Foxconn's Q1 profit jumps 72% y/y, misses forecasts
May 13, 2024
TAIPEI, May 14 (Reuters) - Apple ( AAPL ) supplier Foxconn reported on Tuesday a 72% rise in first-quarter profit, boosted by strong demand for computer servers and coming off a low base from the period a year earlier. The Taiwanese company, the world's largest contract electronics maker, said net profit for the January-March quarter rose to T$22.01 billion ($679...
Cryptoverse: Retail traders sit out bitcoin rally
Cryptoverse: Retail traders sit out bitcoin rally
May 13, 2024
(Our regular analysis of cryptocurrencies) By Medha Singh May 14 (Reuters) - What's happened to the army of retail traders who used to drive bitcoin's biggest rallies? U.S. crypto exchange Coinbase reported just $56 billion in consumer trading volumes in the first quarter of 2024, when bitcoin leapt to record heights close to $74,000. While that represents a fledgling recovery...
BRIEF-UK's CMA Has Until 16 July 2024 To Decide Whether To Accept Undertakings In Pennon/ SES Deal
BRIEF-UK's CMA Has Until 16 July 2024 To Decide Whether To Accept Undertakings In Pennon/ SES Deal
May 13, 2024
May 14 (Reuters) - Pennon Group PLC ( PEGRF ): * UK'S CMA - THERE ARE REASONABLE GROUNDS FOR BELIEVING UNDERTAKINGS OFFERED BY PENNON, OR A MODIFIED VERSION , MIGHT BE ACCEPTED BY CMA * UK'S CMA SAYS CMA NOW HAS UNTIL 16 JULY 2024 TO DECIDE WHETHER TO ACCEPT UNDERTAKINGS, WITH POSSIBILITY TO EXTEND THIS TIMEFRAME TO 11 SEPTEMBER...
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