financetom
News
World
Environment
Technology
Politics
Retail
Business
Economy
Market summary >
Editors' picks >
News >
Australian inflation beats estimates in April
Australian inflation beats estimates in April
May 28, 2025
Australias consumer prices rose 2.4% y/y in April, beating estimates of 2.3%, and same as the previous reading. The data showcases the impact of inflationary pressures on Australian monetary policymakers, and huts the odds of an Australian rate cut in July. Do you need help in trading decisions? Do you want to learn how to start trading? Join Economies.com VIP...
US dollar tries to recover from five-week trough
US dollar tries to recover from five-week trough
May 27, 2025
The US dollar rose in European trade on Tuesday for the first time in three sessions against a basket of major rivals, as it tries to recover from five-week lows on short-covering. Now traders await important US data later today to assess the odds of future Fed rate cuts. The Index The dollar index rose 0.5% to 99.44, with a...
Yen rushes to four-week high on strong demand
Yen rushes to four-week high on strong demand
May 27, 2025
The Japanese yen rose in Asian trade on Tuesday against a basket of major rivals, resuming gains against the dollar after a short hiatus and hitting a four-week high on strong haven demand amid concerns about US debt levels. Gains are also bolstered by the increasing odds of a Japanese interest rate hike in June in response to mounting inflationary...
How does the Fed react to Trump's trade war?
How does the Fed react to Trump's trade war?
May 27, 2025
The Federal Reserve warned against increasing economic risks when it decided to hold interest rates unchanged in May. Fed Chair Jerome Powell focused on uncertainty for the worlds largest economy following Trumps aggressive tariff decisions during his post-Fed meeting speech this month. Now markets expect two interest rate cuts overall this year, with some even thinking that this is overly...
World >
Market >
Sector Update: Health Care
Sector Update: Health Care
Mar 20, 2025
01:40 PM EDT, 03/20/2025 (MT Newswires) -- Health care stocks were mixed Thursday afternoon, with the NYSE Health Care Index rising 0.3% and the Health Care Select Sector SPDR Fund (XLV) fractionally lower. The iShares Biotechnology ETF (IBB) fell 1.1%. In corporate news, Aspire Biopharma ( ASBP ) shares rose past 3% after it said Thursday its contract manufacturer Glatt...
Exchange-Traded Funds Lower, US Equities Mixed After Midday
Exchange-Traded Funds Lower, US Equities Mixed After Midday
Mar 20, 2025
01:04 PM EDT, 03/20/2025 (MT Newswires) -- Broad Market Indicators Broad-market exchange-traded funds IWM and IVV were lower. Actively traded Invesco QQQ Trust (QQQ) slipped 0.4%. US equity indexes were mixed after midday Thursday as the probability for interest-rate cuts penciled in for this year increased following the March monetary policy meeting and weekly jobless claims jumped. Energy iShares US...
Sector Update: Tech
Sector Update: Tech
Mar 20, 2025
01:38 PM EDT, 03/20/2025 (MT Newswires) -- Tech stocks dropped Thursday afternoon with the Technology Select Sector SPDR Fund (XLK) decreasing 0.8% and the SPDR S&P Semiconductor ETF (XSD) falling 1.4%. The Philadelphia Semiconductor index shed 0.9%. In corporate news, Apple's ( AAPL ) streaming service Apple TV+ is losing over $1 billion a year despite subscriptions having grown to...
US Equity Indexes Give up Intraday Gains, Treasury Yields Decline in Midday Trading
US Equity Indexes Give up Intraday Gains, Treasury Yields Decline in Midday Trading
Mar 20, 2025
01:24 PM EDT, 03/20/2025 (MT Newswires) -- US equity indexes traded mixed as the probability for interest rate cuts penciled in for this year increased following the March monetary policy meeting while weekly jobless claims rose alongside a gain in existing home sales. The Nasdaq Composite slipped 0.3% to 17,704.2 after midday Thursday, giving up all its intraday gains. The...
Environment >
Technology >
Personal Finance >
Politics >
Retail >
Business >
Economy >
Cryptocurrency >
Ripple, Cardano Mega Partnership in the Making? Community Speculates
Ripple, Cardano Mega Partnership in the Making? Community Speculates
Nov 13, 2024
TL;DR Recent interactions from Cardanos Charles Hoskinson and Ripple’s Brad Garlinghouse have sparked speculation about a possible collaboration between the two entities. Despite the rumors, ADA and XRP both saw price drops today (November 13). Potential Alliance or Just Rumors? Cardanos founder, Charles Hoskinson, revealed on X that he had a conversation with Ripples chief executive officer, Brad Garlinghouse. The...
Bitcoin Wallet Awakens After 13 Years, Transfers $3.67M Amid Market Surge
Bitcoin Wallet Awakens After 13 Years, Transfers $3.67M Amid Market Surge
Nov 13, 2024
As Bitcoin continues to break into uncharted territory frequently, a previously dormant wallet has come to life after more than a decade of inactivity. According to the popular crypto tracker, Lookonchain, a Bitcoin wallet that has been dormant for 13 years, has made a significant transaction. The entity, which holds 426.3 BTC worth around $36.62 million, transferred 42.3 BTC. This...
BTC Price Explodes to $92K Despite Bitcoin Miners Reportedly Taking Profit
BTC Price Explodes to $92K Despite Bitcoin Miners Reportedly Taking Profit
Nov 13, 2024
It didnt take long for bitcoin to resume its bull run and spike above $90,000 to chart a fresh all-time high, this time at roughly $92,000. This comes despite some reports indicating that BTC miners have started to take profits to cover certain expenses. Theres a lot going on with BTCs price in the past week, especially since it became...
Peanut (PNUT) Price Prediction for This Week
Peanut (PNUT) Price Prediction for This Week
Nov 13, 2024
Peanut is a memecoin after the famous squirrel that was euthanized in New York. This created an outrage on the Internet and a new memecoin was born soon after. Key Support levels: $1.5, $0.86 Key Resistance levels: $1.6, $2.1 1. Strong Rally in Progress Peanut increased by a mind-blowing 1,800% since its recent lows. This would make any meme coin...
Forex >
Copyright 2023-2026 - www.financetom.com All Rights Reserved