The euro fell in European trading on Tuesday against a basket of major currencies, extending its losses for the fifth consecutive session against the U.S. dollar and reaching a three-month low, as selling pressure on the single currency persisted amid strong demand for the dollar as the preferred safe investment. The slowdown in eurozone inflation during October eased price pressures...

The US Dollar Index held near a three-month high on Monday against a basket of major currencies, as investors awaited key economic data this week that is expected to offer only limited insight into the health of the US economy, while reinforcing the Federal Reserves cautious stance on monetary policy. The Fed cut interest rates last week by 25 basis...

The euro edged slightly higher in European trading on Monday against a basket of major currencies, attempting to recover from a three-month low versus the US dollar amid renewed buying at lower levels. However, the single currency remains under downward pressure after eurozone inflation slowed in October, easing price pressures on European Central Bank policymakers and reinforcing expectations for an...

The Japanese yen weakened in Asian trading on Monday at the start of the week, resuming losses against the US dollar after a brief rebound on Friday. The currency was once again nearing its eight-month low, pressured by expectations of expansive fiscal stimulus under Prime Minister Sanae Takaichi. Japans new prime minister is reportedly preparing a massive stimulus package aimed...

The Nasdaq 100 closed higher by more than 100 points on Tuesday. Investors, meanwhile, focused on some notable insider trades. When insiders sell shares, it could be a preplanned sale, or could indicate their concern in the company's prospects or that they view the stock as being overpriced. Insider sales should not be taken as the only indicator for making...

May 15 (Reuters) - Futures tracking U.S. stock indexes gained on Wednesday after softer-than-expected key inflation data kept alive hopes of interest rate cuts from the Federal Reserve this year. A Labor Department report showed the consumer price index (CPI) rose 0.3% on a monthly basis in April, compared with the 0.4% increase expected by economists polled by Reuters. Annually,...

08:17 AM EDT, 05/15/2024 (MT Newswires) -- The broad market exchange-traded fund SPDR S&P 500 ETF Trust (SPY) was up 0.1% and the actively traded Invesco QQQ Trust (QQQ) edged up 0.04% in Wednesday's premarket activity, ahead of key inflation and retail data releasing later in the day. US stock futures were barely moving with S&P 500 Index futures up...

08:50 AM EDT, 05/15/2024 (MT Newswires) -- Technology stocks were advancing pre-bell Wednesday as the Technology Select Sector SPDR Fund (XLK) was up 0.4% and the SPDR S&P Semiconductor ETF (XSD) was 1.2% higher recently. Monday.com ( MNDY ) rose past 19% after it reported higher Q1 non-GAAP earnings and revenue. ...

Ethereum's layer-2 teams are butting heads once again. This time, major figures in the space are condemning Matter Labs, the creator of zkSync, over its decision to trademark the acronym ZK, which is shorthand for zero-knowledge” cryptography, the core technology underlying zkSync and a plethora of other blockchain projects. Matter Labs claimed it made the move to protect users. Leaders...

Corn Price Analysis Expected Scenario Corn price shows calm negative trades to gradually move away from 449.20$, reinforcing the expectations of continuing the bearish trend, which targets 433.50$ as a next station. The negative effect of the double top pattern reinforces the expectations to continue the decline, noting that breaching 449.20$ will stop the negative scenario and lead the price...

Sugar Price Analysis Expected Scenario Sugar price surpassed 18.90$ level and closed the daily candlestick above it, to head towards achieving intraday gains and test 19.82$ mainly in the upcoming sessions, making the bullish bias suggested for today. Moving above the EMA50 supports the expected rise, noting that breaking 18.90$ will stop the bullish wave and push the price to...

Brent Oil Price Analysis Expected Scenario Brent oil price rallied upwards clearly to breach 78.05$ level and settle above it, to head toward achieving expected gains in the upcoming sessions, targeting visiting the bearish channels resistance at 80.08$. Therefore, the bullish trend will be suggested on the intraday basis, being aware that it is important to monitor the price at...

The Karnataka Assembly election results threw up an unexpected suspense on Tuesday, as a simple majority tantalisingly eluded BJP and...

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.

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.

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.

ANZ managers have informed their respective teams about the new policy this week in generic emails, reaffirming the bank's expectation that staff devote at least half their working hours in the office each month, afr.com reported.

The Washington-based IMF said that cost of underestimating inflation’s persistence could be painfully high and result in another painful round of rate hikes that could rob the economy of a large chunk of growth.

The sanctions are financial penalties meant to block access to funds held in the U.S. and to prevent the people and entities from doing business with American people and firms.

Pfizer announced the deal in March, its largest purchase in a string of recent acquisitions thanks to a once-in-a-lifetime cash windfall from its COVID-19 vaccine and treatment.

The bitcoin mine would use solar and storage technology from Tesla and be entirely run on renewable energy

The crypto industry has been focussing hard on making the business more environment friendly.

Shark Tank star and Canadian millionaire Kevin O’Leary, who has always been bullish on Bitcoin, expressed how the adoption of green energy by mining companies could reduce fossil fuel usage and trigger a wider acceptance of sustainable energy

The Discovery Fund aims to identify and empower entrepreneurs and early-stage startups to leverage the potential of cryptocurrencies to address real-world problems.