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...

Dhoni advice to Conway IPL 2022

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...

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...

12:59 PM EDT, 08/07/2024 (MT Newswires) -- Broad Market Indicators Broad-market exchange-traded fund IWM and IVV were higher Wednesday. Actively traded Invesco QQQ Trust (QQQ) gained 0.7%. US equity indexes extended gains, led by technology and utilities, and government bond yields rose after Wednesday's midday trading. Energy iShares US Energy ETF (IYE) and Energy Select Sector SPDR (XLE) both climbed...

12:54 PM EDT, 08/07/2024 (MT Newswires) -- US equity indexes extended gains, led by energy and utilities, and government bond yields rose after midday on Wednesday. The Nasdaq Composite climbed 1.1% to 16,540.2, with the S&P 500 up 0.9% to 5,288.5 and the Dow Jones Industrial Average 0.6% higher at 39,225.9, continuing the march higher after the sharp sell-off on...

12:55 PM EDT, 08/07/2024 (MT Newswires) -- All three major US stock indexes were climbing for a second straight day on Wednesday morning, continuing their rebound from Monday's selloff. In company news, Novo Nordisk ( NVO ) reported Q2 earnings Wednesday of 4.49 Danish kroner ($0.66) per diluted American depositary receipt, up from 4.32 kroner a year earlier but below...

(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window) * Airbnb ( ABNB ) slides after forecasting Q3 revenue below estimates * Fortinet ( FTNT ) jumps on FY revenue forecast raise * Charles River slides after cutting FY forecasts * Indexes up: S&P 500 1.36%, Nasdaq 1.64%, Dow...

In the fast-paced and highly competitive business world of today, conducting thorough company analysis is essential for investors and industry observers. In this article, we will conduct an extensive industry comparison, evaluating Salesforce ( CRM ) in relation to its major competitors in the Software industry. Through a detailed examination of key financial metrics, market standing, and growth prospects, our...

Providing a diverse range of perspectives from bullish to bearish, 21 analysts have published ratings on Adobe in the last three months. The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective. Bullish Somewhat Bullish Indifferent...

The cryptocurrency industry has seen a significant increase in North Korean state-sponsored hackers intensifying their efforts to pilfer digital assets over the past year. These sophisticated cyberattacks have resulted in billions of dollars in losses, raising serious questions about the security of digital assets and the far-reaching implications for the global financial system. According to blockchain analysis firm Chainalysis, funds...

Deep-pocketed investors have adopted a bullish approach towards Dell Technologies ( DELL ) , and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in DELL usually suggests something big is about to happen. We gleaned this information...

Rajasthan Election Exit Poll Results 2023: The exit poll results will be announced on Thursday, November 30, at 6.30 pm after voting in Telangana gets over. Rajasthan is known for its anti-incumbency, with the state swinging between the BJP and Congress in the past elections.

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

The Madhya Pradesh Assembly election exit poll results will be streamed live on all News18 network channels, including CNBCTV18, after 6.30PM on Thursday, November 30.

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.

Wipro Chairman Rishad Premji wrote a letter to employees on Friday announcing the move of Abidali Meeuchwala stepping down as CEO and MD

Nirav Modi is meanwhile expected to appear for call-over hearings every 28 days at Westminster Magistrates' Court until the case management hearings for his extradition trial kick in.

"Krishi UDAN will be launched by the ministry of civil aviation on international and national routes. It will help increase value realization in North East and tribal districts," Sitharaman said in her Budget speech for 2020-21 (Apr-Mar).

Deposit insurance is a protection cover against losses accruing to bank deposits if a bank fails financially and has no money to pay its depositors and has to go in for liquidation.

TL;DR The PI token is already live, with speculation that Binance might be the next crypto exchange to allow trading services with it. Ripple (XRP) has been experiencing a downfall lately, but analysts remain optimistic that a renewed bull run could be incoming. SHIB dropped 28% this month. One popular analyst sees potential for a substantial resurgence if Shibarium gains...

TL;DR Despite a severe price drop, some factors like increased whale activity suggest a DOGE reversal might be just around the corner. A potential approval of a spot Dogecoin ETF could also contribute to a possible rally in the near future. The Bears to Step Back? The past few weeks have been devastating for the cryptocurrency market, with countless leading...

Ethereum’s price has been in a clear downtrend since reaching a local high above $3,600, forming consistent lower highs and lower lows. The price is now on the verge of solidifying below the key $2,000 support, which could cause even more capitulations in the short term. Technical Analysis By Edris Derakhshi (TradingRage) The Daily Chart On the daily chart, it...

The crypto markets recent pullback has rattled investors, with Bitcoin and altcoins experiencing sharp declines. While volatility remains a concern, fundamental indicators suggest a potential turnaround could be on the horizon. Bitcoin is currently on a seven-week slump after reaching an all-time high of approximately $109,000 on January 19 this year. This decline followed months of aggressive accumulation by whale...