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Dollar trades near two-month lows ahead of US unemployment claims data
Dollar trades near two-month lows ahead of US unemployment claims data
Jun 6, 2024
The dollar fell in European trade on Thursday against a basket of major rivals, resuming losses and approaching two-month lows once more as US 10-year treasury yields slowed down. Now investors await US unemployment claims data today, and the crucial payrolls report tomorrow to gather more clues on the economy. The Price The dollar index fell 0.2% today to 104.05,...
ECB Cuts Interest Rates as Expected, Upward Revisions to Inflation and Growth Lift the Euro
ECB Cuts Interest Rates as Expected, Upward Revisions to Inflation and Growth Lift the Euro
Jun 6, 2024
ECB Follows Through on Plans to Cut Interest Rates by 25 Basis Points The ECB cut all three interest rates by 25 basis points as expected but reiterated it will not follow a predetermined rate path and will remain data dependent in future meetings. The central bank continued to stress that wage growth and services inflation require more attention but...
Nasdaq 100 at new record, while Dow and CAC40 also move higher
Nasdaq 100 at new record, while Dow and CAC40 also move higher
Jun 6, 2024
Nasdaq 100, Dow Jones 30, CAC40 Analysis and Charts ​​​Nasdaq 100 at new record ​The index climbed to a new record high on Wednesday, rallying through the 19,000 level for the first time.​This follows on from a bounce from the lows of last week, when the price rallied from a low at 18,187, near the 50-day SMA. ​In the short...
British Pound (GBP) Latest – GBP/USD and EUR/GBP Technical Outlooks
British Pound (GBP) Latest – GBP/USD and EUR/GBP Technical Outlooks
Jun 6, 2024
British Pound (GBP) Latest – GBP/USD and EUR/GBP Technical Outlooks Cable set to re-test 1.2818 as the US dollar fades.EUR/GBP is within 25 pips of hitting levels last seen in August 2022. Recommended by Nick Cawley How to Trade GBP/USD The US dollar, Euro, and the Japanese Yen have all been in the spotlight over the past few weeks while...
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Stock Market Highlights: Sensex ends 503 points lower, Nifty below 17,400; Bajaj Finance down 3%, Minda Ind up 9%
Stock Market Highlights: Sensex ends 503 points lower, Nifty below 17,400; Bajaj Finance down 3%, Minda Ind up 9%
Dec 13, 2021
Stock Market Highlights: Indian equity benchmarks Sensex and Nifty50 ended a volatile session sharply lower on Monday. Losses in financial, oil & gas and FMCG shares dragged the headline indices lower, though gains in select IT counters lent some support. Broader markets also weakened though the losses were less severe compared to headline gauges. The Nifty Midcap 100 index declined 0.3 percent and its smallcap counterpart slipped 0.1 percent. Tega Industries made a strong market debut with shares listing at a premium on BSE and NSE.
Stock Market Highlights: Sensex ends 166 points lower, Nifty slides to 17,325; ITC down 3%
Stock Market Highlights: Sensex ends 166 points lower, Nifty slides to 17,325; ITC down 3%
Dec 14, 2021
Stock Market Highlights: Indian equity benchmarks Sensex and Nifty50 extended losses to the third day in a row on Tuesday, tracking weakness across global markets amid renewed concerns about the Omicron variant of COVID-19. Gains in oil & gas, metal and healthcare shares were offset by losses in automobile and select financial stocks. Broader markets were mixed, with the Nifty Midcap 100 index ending 0.2 percent lower and its smallcap counterpart rising 0.2 percent. Anand Rathi Wealth shares made a strong debut in the secondary market, listing at a premium of more than nine percent over its issue price.
Stock Market Highlights: Sensex ends 329 points lower, Nifty50 gives up 17,250; Bajaj twins down 3%, ITC 2%
Stock Market Highlights: Sensex ends 329 points lower, Nifty50 gives up 17,250; Bajaj twins down 3%, ITC 2%
Dec 15, 2021
Stock Market Highlights: Indian equity benchmarks Sensex and Nifty50 extended losses to the fourth session in a row on Wednesday, as investors globally turned cautious ahead of the outcome of the Fed's policy review.  Losses in financial, IT, oil & gas and metal shares pulled the headline indices lower, though gains in automobile stocks lent some support. Broader markets also weakened, with the midcap indices falling around half a percent each. Volatility index VIX rose 1.6 percent. HP Adhesives' IPO was fully subscribed within the first hour of bidding.
Job creation likely to pick up; plenty of good cos to invest: Mihir Vora
Job creation likely to pick up; plenty of good cos to invest: Mihir Vora
Dec 15, 2021
The job creation in India is likely to pick up, which will drive domestic themes, Mihir Vora of Max Life Insurance said. "The big bet is that private sector capex, infrastructure, PLI linked exports and imports should lead to good urban job creation, which should drive the domestic theme," he said.
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Ex
Ex
Sep 20, 2024
Anthony Scaramucci, founder of the New York-based investment firm SkyBridge Capital, has revealed that he is working with Democratic presidential candidate Kamala Harris to draft crypto policies for her campaign. According to a CNBC report, Scaramucci made the revelation at the annual TOKEN2049 crypto conference on Thursday. He told a panel during the conference that several crypto advocates are currently...
Critical Pi Network Update Concerning All Users: Details
Critical Pi Network Update Concerning All Users: Details
Sep 20, 2024
TL;DR Pi Network extended its KYC and mainnet migration deadline, frustrating many users who were expecting a quicker launch of mainnet. The Pi Core Team announced that the roadmap for the open mainnet, allowing the buying and selling of Pi tokens, will be revealed in December 2024. Change of Plans Pi Network is an intriguing cryptocurrency project that aims to...
Key Shibarium Indicator Soars by 70% as the Shiba Inu (SHIB) Price Flashes Green: Details
Key Shibarium Indicator Soars by 70% as the Shiba Inu (SHIB) Price Flashes Green: Details
Sep 20, 2024
TL;DR Shibarium saw a 70% spike in daily transactions, signaling renewed activity. SHIB’s price surged nearly 10%, but caution is advised due to possible overbought conditions. Finally a Resurgence Shiba Inus layer-2 scaling solution has seen low activity in the past several weeks, stalling its progress observed at the start of the year. However, some metrics have taken off in...
Bitcoin Pumps to $64K, Fed Cuts Rates, Saylor Buys More BTC: This Week’s Recap
Bitcoin Pumps to $64K, Fed Cuts Rates, Saylor Buys More BTC: This Week’s Recap
Sep 20, 2024
Theres been no shortage of news over the past seven days. During this period, the total cryptocurrency market capitalization managed to add close to $140 billion. This happened on the back of significant gains charted by the majority of coins, so lets take a closer look. First things first, the long-anticipated rate cut is now a fact. The US Federal...
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