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Aussie drops after wages data
Aussie drops after wages data
May 25, 2025
The Australian dollar fell against most major rivals on Wednesday following labor data. Australian wages rose 0.9% in the first quarter of the year, above estimates of 0.8%. On trading, the AUD/USD pair rose 0.7% as of 20:56 GMT to 0.6428. Loonie The Canadian dollar fell 0.3% against the greenback as of 20:56 GMT to $0.7155. The US Dollar The...
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 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...
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S&P 500 Settles At Record High Ahead Of Fed Minutes: Investor Sentiment Improves, Fear & Greed Index Moves To 'Neutral' Zone
S&P 500 Settles At Record High Ahead Of Fed Minutes: Investor Sentiment Improves, Fear & Greed Index Moves To 'Neutral' Zone
Feb 19, 2025
The CNN Money Fear and Greed index showed an improvement in the overall market sentiment, while the index moved to the “Neutral” zone on Tuesday. U.S. stocks settled higher on Tuesday, with the S&P 500 closing at a record high level during the session as investors monitored recent geopolitical developments and anticipated the release of the latest FOMC minutes on...
Analog Devices, Philips And 3 Stocks To Watch Heading Into Wednesday
Analog Devices, Philips And 3 Stocks To Watch Heading Into Wednesday
Feb 18, 2025
With U.S. stock futures trading higher this morning on Wednesday, some of the stocks that may grab investor focus today are as follows: Wall Street expects Analog Devices Inc. ( ADI ) to report quarterly earnings at $1.54 per share on revenue of $2.36 billion before the opening bell, according to data from Benzinga Pro. Analog Devices ( ADI )...
Crude Oil Prices Rise on Mounting Concerns About Supply Disruptions in U.S., Russia
Crude Oil Prices Rise on Mounting Concerns About Supply Disruptions in U.S., Russia
Feb 19, 2025
05:14 AM EST, 02/19/2025 (MT Newswires) -- Crude oil prices extended gains early on Wednesday as concerns mounted about oil supply disruptions in the U.S. and Russia. Brent crude rose 0.7% to US$76.34/barrel and West Texas Intermediate crude gained 0.7% to US$72.38/b at last look. Oil flows through the Caspian Pipeline Consortium dropped by 30% to 40% following a Ukrainian...
Russian rouble little changed vs US dollar as analysts urge caution
Russian rouble little changed vs US dollar as analysts urge caution
Feb 19, 2025
MOSCOW, Feb 19 (Reuters) - The Russian rouble was little changed against the U.S. dollar on Wednesday as investors awaited further developments on talks between Moscow and Washington on ending the war in Ukraine. At 0830 GMT, the rouble was up 0.3% at 91.25 against the dollar on the Moscow Exchange, close to a five-month high reached last week. But...
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Intel Products Should Undergo Security Review in China, Industry Group Reportedly Says
Intel Products Should Undergo Security Review in China, Industry Group Reportedly Says
Oct 16, 2024
08:21 AM EDT, 10/16/2024 (MT Newswires) -- Intel ( INTC ) has allegedly constantly harmed China's national security and interests, and the products it sells in the country should undergo security review, the Cybersecurity Association of China said, according to multiple news reports Wednesday. The industry group warned that Intel ( INTC ) chips, including Xeon processors used for artificial...
What's Going On With Trump-related Phunware Stock Today?
What's Going On With Trump-related Phunware Stock Today?
Oct 16, 2024
Mobile advertising software company Phunware, Inc. ( PHUN ) shares traded higher on Wednesday after the company issued a letter to stockholders announcing a business update. The company mentioned plans to invest in its AI-powered platform for advocacy and voter engagement, recalling its successful development of the Donald Trump 2020 Presidential Campaign app, which was well-received for voter and advocacy...
General Motors to contribute $625 mln to new JV with Lithium Americas
General Motors to contribute $625 mln to new JV with Lithium Americas
Oct 16, 2024
Oct 16 (Reuters) - Canadian miner Lithium Americas ( LAC ) said on Wednesday General Motors will contribute $625 million to their new joint venture for developing the Thacker Pass project in Nevada. U.S. automakers are ramping up their output of EVs and hybrids and aiming to reduce their reliance on China for battery-related materials in a competitive market. U.S.-listed...
Yum Brands Insider Sold Shares Worth $941,682, According to a Recent SEC Filing
Yum Brands Insider Sold Shares Worth $941,682, According to a Recent SEC Filing
Oct 16, 2024
10:53 AM EDT, 10/16/2024 (MT Newswires) -- David W Gibbs, Director, Chief Executive Officer, on October 15, 2024, sold 7,005 shares in Yum Brands ( YUM ) for $941,682. Following the Form 4 filing with the SEC, Gibbs has control over a total of 218,527 shares of the company, with 152,634 shares held directly and 65,893 controlled indirectly. SEC Filing:...
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Missed These? Top Crypto Headlines from This Weekend
Missed These? Top Crypto Headlines from This Weekend
May 26, 2025
A prominent Bitcoin supporter spearheads funding for a Swedish companys BTC acquisition plans. Meanwhile, Coinbase faces escalating legal troubles after disclosing a significant breach and regulatory fallout. In other news, a Manhattan crypto investor is arrested in connection with a violent Bitcoin-related kidnapping. More details on these stories ahead. Adam Back Joins Investors in $2.2M Capital Raise for H100 Bitcoin...
These 5 Altcoins Are Poised for Massive Gains, Says Analyst
These 5 Altcoins Are Poised for Massive Gains, Says Analyst
May 27, 2025
The crypto market is bracing for what some are calling a “generational altcoin opportunity,” with key on-chain signals and shifting capital flow hinting at an altseason around the corner. At the forefront of this call is pseudonymous analyst Rekt Fencer, who recently outlined several tokens he claims are primed for explosive gains of between 50x and 100x, provided market momentum...
Ethereum’s (ETH) Quiet Rally: Where Are the Retail Investors?
Ethereum’s (ETH) Quiet Rally: Where Are the Retail Investors?
May 26, 2025
After a brief dip below $2,500, Ethereum has bounced back to reclaim levels above that mark. Over the last week, the second-largest cryptocurrency registered a price jump of almost 8%. Despite broader crypto market gains, retail investor activity in Ethereum remains notably subdued. Retail Absence in Ethereum Historically, Ethereum has seen spikes in retail trading frequency near local price tops,...
Thailand Finance Regulators to Restrict World’s First Tokenized Govt Bonds
Thailand Finance Regulators to Restrict World’s First Tokenized Govt Bonds
May 26, 2025
Thailand’s Securities and Exchange Commission has clarified the rules for a new government-issued tokenized bond called the G-Token as the country plans to be the first to enable state borrowing from the public via digital assets. However, one of the first things the SEC stipulated was that the new tokenized real-world asset (RWA) cannot be used as a means of...
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