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Yen skids to three-month low as the gap in treasury yields widens
Yen skids to three-month low as the gap in treasury yields widens
Oct 26, 2024
The yen fell in European trade on Wednesday against a basket of major rivals, sharpening the losses for the third straight session against the US dollar and hitting three-month lows amid concerns about a wider US-Japan gap in government treasury yields. Recent bearish remarks from Japanese officials hurt the odds of a third BOJ interest rate hike this year, while...
Euro rebounds ahead of major eurozone data
Euro rebounds ahead of major eurozone data
Oct 27, 2024
The euro rose in European trade on Thursday against a basket of major rivals after a wave of losses across three sessions, with the euro eventually settling above 3-⅕ month lows against the US dollar. It comes ahead of major data on the eurozone sectors later today, which would shed important light on the health of the European economy in...
Aussie skids to 2-1/5 month low as inflation cools
Aussie skids to 2-1/5 month low as inflation cools
Oct 30, 2024
The Australian dollar tumbled in Asian trade on Wednesday to 2-⅕ month lows against the US dollar, sharpening the decline for the fourth straight session after inflation in Australia cooled to three-year lows, reducing the pressure on the Reserve Bank of Australia. The new data boosted the odds of an interest rate cut by the RBA in December, as investors...
Yen skids to three-month trough as Japanese governing coalition loses majority
Yen skids to three-month trough as Japanese governing coalition loses majority
Oct 28, 2024
The Japanese yen skidded in Asian trade on Monday to three-month lows against the US dollar, after the election loss by the current Japanese parliamentary governing coalition, which could impede future interest rate hikes by the Bank of Japan. The yen is also pressured by a surge in US 10-year treasury yields, amid speculation about a cautious stance by the...
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Crude Oil Down 3%; AutoZone Shares Fall After Q3 Results
Crude Oil Down 3%; AutoZone Shares Fall After Q3 Results
May 26, 2026
U.S. stocks traded mostly higher midway through trading, with the Dow Jones index falling more than 50 points on Tuesday. The Dow traded down 0.19% to 50,484.59 while the NASDAQ gained 1.18% to 26,656.02. The S&P 500 also rose, gaining, 0.71% to 7,526.20. Leading and Lagging Sectors Information technology shares jumped by 1.9% on Tuesday. In trading on Tuesday, consumer...
Euro zone bond yields lift off multi-week lows after US strikes
Euro zone bond yields lift off multi-week lows after US strikes
May 26, 2026
(Updates prices) * German bond yields rise as US strikes dampen peace hopes * ECB policymakers, including Schnabel, signal likely June hike * Money markets price in 90% chance of June ECB hike, at least two hikes by year-end By Samuel Indyk LONDON, May 26 (Reuters) - German 10-year bond yields edged above seven-week lows on Tuesday, after the U.S....
US STOCKS-S&P 500, Nasdaq rise as AI optimism outweighs Middle East risks
US STOCKS-S&P 500, Nasdaq rise as AI optimism outweighs Middle East risks
May 26, 2026
* Indexes: Dow down 0.19%, S&P 500 up 0.61%, Nasdaq up 1.05% * Russel 2000 hits intraday record, last up 1.3% * Micron joins $1 trillion market cap after UBS triples PT * Space companies gain ahead of SpaceX's IPO (Updates with afternoon trading levels, analyst comments) By Twesha Dikshit and Utkarsh Hathi May 26 (Reuters) - The S&P 500...
Top Midday Stories: Micron's Market Cap Briefly Hits $1 Trillion; Qualcomm Reportedly Strikes AI Chip Deal With ByteDance
Top Midday Stories: Micron's Market Cap Briefly Hits $1 Trillion; Qualcomm Reportedly Strikes AI Chip Deal With ByteDance
May 26, 2026
11:39 AM EDT, 05/26/2026 (MT Newswires) -- The Nasdaq Composite and S&P 500 were up, while the Dow Jones Industrial Average was down slightly to kick off a shortened week of trading due to the holiday weekend. In company news, Micron Technology's ( MU ) market capitalization eclipsed $1 trillion for the first time Tuesday after several bullish analyst reports....
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BRIEF-Akzo Nobel Has Rejected Cash Offer From Nippon Paint And Sherwin-Williams
BRIEF-Akzo Nobel Has Rejected Cash Offer From Nippon Paint And Sherwin-Williams
May 26, 2026
May 27 (Reuters) - Akzo Nobel NV: * TO RELEASE SEC FORM F-4 DETAILING ITS PROPOSED MERGER WITH AXALTA; AKZONOBEL HAS REJECTED CASH OFFER FROM NIPPON PAINT AND SHERWIN-WILLIAMS * CONFIRMS THAT IT REJECTED ON MAY 1, 2026 A CONDITIONAL AND NON-BINDING PROPOSAL FROM NIPPON PAINT AND SHERWIN-WILLIAMS * BOTH AKZONOBEL BOARDS UNANIMOUSLY CONTINUE TO RECOMMEND THE MERGER OF EQUALS...
Analysis-SpaceX's Starship test strengthens IPO case, though hurdles remain
Analysis-SpaceX's Starship test strengthens IPO case, though hurdles remain
May 26, 2026
May 27 (Reuters) - SpaceX's upgraded Starship launch on Friday delivered enough progress to keep the momentum intact behind Elon Musk's $1.75 trillion IPO, while warning that full reusability of the rocket remains a work in progress. Starship is critical to lowering SpaceX's launch costs, expanding its Starlink satellite business - its cash engine - and supporting future undertakings such...
Why Did LifeVantage (LFVN) Stock Jump 27% After Hours?
Why Did LifeVantage (LFVN) Stock Jump 27% After Hours?
May 26, 2026
LifeVantage Corporation ( LFVN ) shares surged 27.01% to $8.80 in after-hours trading on Tuesday. The gain in the stock of the health and wellness company in the late trading session follows an intraday increase of 23.53%, closing the regular session at $6.93, according to Benzinga Pro data. No immediate catalyst can be known behind the stock move. What You...
BRIEF-Trafigura Says Effective From 1 June 2026, CMB.TECH Will Increase Its Equity Stake In TFG Marine From 10 To 15 Percent
BRIEF-Trafigura Says Effective From 1 June 2026, CMB.TECH Will Increase Its Equity Stake In TFG Marine From 10 To 15 Percent
May 26, 2026
May 27 (Reuters) - * TRAFIGURA: EFFECTIVE FROM 1 JUNE 2026, CMB.TECH WILL INCREASE ITS EQUITY STAKE IN TFG MARINE FROM 10 TO 15 PERCENT Source text: https://tinyurl.com/2kedt76a Further company coverage: ...
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Crypto Price Analysis October
Crypto Price Analysis October
Oct 11, 2024
This week, we examine Ethereum, Ripple, Binance Coin, Toncoin, and Shiba Inu in greater detail. Ethereum (ETH) While Ethereum had a volatile week, its price held well and closed it with a 1% gain. Buyers defended the cryptocurrency at the $2,400 support level, which continues to hold at the time of this post. It is critical for ETH not to...
Looming Bitcoin Crash? Peter Brandt Sounds the Alarm on Potential 75% BTC Price Drop
Looming Bitcoin Crash? Peter Brandt Sounds the Alarm on Potential 75% BTC Price Drop
Oct 11, 2024
Veteran commodity trader Peter Brandt has suggested that the price of Bitcoin (BTC) could drop by as much as 75%. The 77-year-old based his warning on the observation that in the past, Bitcoin experienced major corrections whenever it failed to reach a new all-time high (ATH) within 30 weeks of its previous peak. Could Historical Patterns Signal Potential Downturn for...
This Trending Meme Coin Receives Further Support by Binance: Details
This Trending Meme Coin Receives Further Support by Binance: Details
Oct 11, 2024
TL;DR Binance added trading bot services for PEPE/FDUSD, SUI/FDUSD, and EIGEN/TRY pairs, with regional restrictions. On the other hand, it removed several pairs due to potential factors like poor liquidity. Additional Trading Choices for Users Earlier today (October 11), the biggest crypto exchange expanded the list of options offered on Binance Spot by including trading bot services for three trading...
Important Ripple v. SEC Lawsuit Update October 11th
Important Ripple v. SEC Lawsuit Update October 11th
Oct 11, 2024
TL;DR Judge Torres ruled XRPs secondary sales aren’t securities, but Ripple was fined $125M. The company filed a cross-appeal after the SEC contended, adding more legal uncertainty. XRP saw a slight recovery to $0.54 but remains down in the past two weeks. The Latest Update The legal tussle between Ripple and the US Securities and Exchange Commission (SEC) reached a...
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