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Euro edges higher before ECB decision
Euro edges higher before ECB decision
Jun 5, 2025
The euro rose in European trade on Thursday against a basket of major rivals, extending gains against the dollar for the second session and approaching a six-week high ahead of the European Central Banks policy meeting. The ECB is expected to announce the seventh consecutive rate cut in a row and could provide clues on the path ahead for policies...
ECB cuts interest rates to three-year nadir
ECB cuts interest rates to three-year nadir
Jun 5, 2025
The European Central Bank cut interest rates by 25 basis points to 2.15% at the June 4-5 meeting, the lowest since October 2022, matching expectations, and marking the seventh such rate cut in a row. ...
US dollar marks modest gains as euro steadies before ECB decision
US dollar marks modest gains as euro steadies before ECB decision
Jun 5, 2025
The euro settled near six-week highs against the dollar before an expected ECB interest rate cut on Thursday, while the US dollar rebounded mildly after weak labor data. Recent data showed the US services sector shrank for the first time in a year, while the labor sector is showing signs of weakness as well, leading to a wave of US...
US dollar declines as markets assess trade tensions, data
US dollar declines as markets assess trade tensions, data
Jun 4, 2025
The US dollar fell against most major rivals on Wednesday as investors assess US President Trumps tariff negotiations with major trading partners, including China. The Trump administration granted countries a deadline until today to offer their best trade deals, while also imposing 50% tariffs on steel and aluminum imports. Trump is scheduled to talk to Chinese President Xi Jinping this...
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EMERGING MARKETS-Stocks index slides to one-month low as China weighs; Kenya in focus
EMERGING MARKETS-Stocks index slides to one-month low as China weighs; Kenya in focus
Sep 9, 2024
(Updated at 0852 GMT) * Algeria declares President Tebboune election winner * Putin loyalists set to win local elections * Fitch upgrades Turkey's rating on improved fiscal policy * EM stocks down 1.2%, FX off 0.4% By Johann M Cherian Sept 9 (Reuters) - Sentiment across most developing markets soured on Monday with Chinese stocks hitting a seven-month low as...
Wall St Week Ahead-Economic worries back on Wall Street's radar after jobs data
Wall St Week Ahead-Economic worries back on Wall Street's radar after jobs data
Sep 8, 2024
NEW YORK, Sept 6 (Reuters) - Uncertainty over the U.S. economy's health is rippling through markets, adding fuel to an already-volatile period that has investors grappling with a shift in Federal Reserve policy, a tight U.S. election and worries over stretched valuations. U.S. stocks tumbled on Friday after closely watched jobs data showed labor market momentum slowing more than expected,...
Oracle, Mission Produce And 3 Stocks To Watch Heading Into Monday
Oracle, Mission Produce And 3 Stocks To Watch Heading Into Monday
Sep 9, 2024
With U.S. stock futures trading higher this morning on Monday, some of the stocks that may grab investor focus today are as follows: Wall Street expects Oracle Corporation ( ORCL ) to report quarterly earnings at $1.32 per share on revenue of $13.23 billion after the closing bell. Oracle shares fell 0.2% to $141.49 in after-hours trading. BlackSky Technology Inc...
US STOCKS-Futures kick-start week on higher note on soft landing optimism
US STOCKS-Futures kick-start week on higher note on soft landing optimism
Sep 9, 2024
(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window.) * Futures up: Dow 0.42%, S&P 500 0.53%, Nasdaq 0.73% Sept 9 (Reuters) - U.S. stock index futures rose on Monday, rebounding from heavy losses last week, as investors remained optimistic about soft landing prospects for the U.S. economy ahead...
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Soybean price attempts to recover – Forecast today - 26-04-2024
Soybean price attempts to recover – Forecast today - 26-04-2024
Apr 25, 2024
Soybean Price Analysis Expected Scenario The soybean price has returned to rise after a previous decline, remaining consolidated above the EMA50. It is waiting for more intraday rise to target 1193.10$ mainly. Stochastic current negativity might hinder the price's mission to rise, causing some temporary sideways fluctuation. Continuation of the bullish wave requires holding above 1170.00$ and 1155.00$ levels. Expected...
Western Digital tops profit expectations on demand from cloud-computing customers
Western Digital tops profit expectations on demand from cloud-computing customers
Apr 25, 2024
April 25 (Reuters) - Western Digital ( WDC ) surpassed expectations for quarterly revenue and profit on Thursday, riding on a surge in demand for its data storage products from cloud service providers. The results are the latest sign that demand for memory chips is improving, after earnings of larger rivals Micron Technology ( MU ) and Samsung Electronics (...
T-Mobile raises forecast for subscriber additions on demand for its discounted plans
T-Mobile raises forecast for subscriber additions on demand for its discounted plans
Apr 25, 2024
(Reuters) - T-Mobile US ( TMUS ) on Thursday raised its annual forecast for monthly bill-paying phone subscriber growth, as more customers tap into its discounted plans and on expansion of 5G network coverage. Although the overall market for postpaid phone additions is shrinking, T-Mobile is viewed as the top pick by analysts as it gains shares from underpenetrated smaller...
Corn price resumes the rise – Forecast today - 26-04-2024
Corn price resumes the rise – Forecast today - 26-04-2024
Apr 25, 2024
Corn Price Analysis Expected Scenario The price of corn bounced bullishly after approaching the breached neckline of the positive pattern. It surpassed the 449.20$ level and settled above it again, reinforcing expectations of continuing the correctional bullish trend. The next main targets are 461.90$ followed by 474.70$. The EMA50 continues to support the suggested bullish wave, conditioned by price stability...
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Fairfax Financial Reports Lower Q1 Net Earnings, But Insurance Revenue, Premiums Written, up
Fairfax Financial Reports Lower Q1 Net Earnings, But Insurance Revenue, Premiums Written, up
May 2, 2024
05:40 PM EDT, 05/02/2024 (MT Newswires) -- Fairfax Financial ( FRFHF ) ( FFH.TO) on Thursday said its first-quarter profit fell 45%, even as insurance revenue and net premiums written rose. The insurer reported net earnings attributable to Fairfax of US$776.5 million, or US$30.82 per share, in the period, down from a profit of US$1.25 billion, or US$49.83, a year...
AES Q1 Adjusted Earnings Rise, Revenue Decline; Outlook Reaffirmed
AES Q1 Adjusted Earnings Rise, Revenue Decline; Outlook Reaffirmed
May 2, 2024
05:41 PM EDT, 05/02/2024 (MT Newswires) -- AES ( AES ) reported Q1 adjusted earnings late Thursday of $0.50 per diluted share, up from $0.22 a year earlier. Analysts surveyed by Capital IQ expected $0.34. Revenue for the quarter ended March 31 was $3.09 billion, compared with $3.24 billion a year earlier. Three analysts polled by Capital IQ expected $3.20...
Samsara Insider Sold Shares Worth $3,415,247, According to a Recent SEC Filing
Samsara Insider Sold Shares Worth $3,415,247, According to a Recent SEC Filing
May 2, 2024
05:37 PM EDT, 05/02/2024 (MT Newswires) -- Sanjit Biswas, 10% Owner, Director, CEO, on April 30, 2024, sold 96,000 shares in Samsara (IOT) for $3,415,247. Following the Form 4 filing with the SEC, Biswas has control over a total of 4,344,103 shares of the company, with 1,703,391 shares held directly and 2,640,712 controlled indirectly. SEC Filing: https://www.sec.gov/Archives/edgar/data/1642896/000141588924012050/xslF345X03/form4-05022024_090524.xml Price: 37.02, Change:...
Calamos Long/Short Equity & Dynamic Income Trust Insider Bought Shares Worth $253,668, According to a Recent SEC Filing
Calamos Long/Short Equity & Dynamic Income Trust Insider Bought Shares Worth $253,668, According to a Recent SEC Filing
May 2, 2024
05:43 PM EDT, 05/02/2024 (MT Newswires) -- Thomas E Herman, Vice President and CFO, on May 01, 2024, executed a purchase for 16,308 shares in Calamos Long/Short Equity & Dynamic Income Trust ( CPZ ) for $253,668. Following the Form 4 filing with the SEC, Herman has control over a total of 26,783 shares of the company, with 26,783 shares...
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