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...

The US dollar rose in European trade on Friday against a basket of major rivals, resuming gains after a short hiatus, and approaching three-month highs once more. The gains come amid a surge in US 10-year treasury yields after bullish remarks from some Fed officials, and strong US data, which hurt the odds of an aggressive pace for US interest...

Japanese Yen (USD/JPY) Analysis BoJ encouraged to stick to the plan as inflation continues above targetJapanese CPI remains at 2.8% - the same as last month and beats estimate of 2.7%USD/JPY gains prove short-lived ahead of Powell’s address at Jackson Hole BoJ Encouraged to Stick to the Plan as Inflation Continues above Target The Japanese currency strengthened, with the Yen...

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...

01:07 PM EST, 01/13/2025 (MT Newswires) -- Broad Market Indicators Broad-market exchange-traded funds IWM and IVV were lower on Monday. Actively traded Invesco QQQ Trust (QQQ) fell 0.9%. US equity indexes traded mixed as the so-called Magnificent-7 took a beating, pushing the S&P 500 and the Nasdaq Composite lower. Energy iShares US Energy ETF (IYE) rose 1.5% and Energy Select...

01:40 PM EST, 01/13/2025 (MT Newswires) -- Financial stocks were advancing in Monday afternoon trading, with the NYSE Financial Index up 0.2% and the Financial Select Sector SPDR Fund (XLF) adding 0.4%. The Philadelphia Housing Index was climbing 1%, and the Real Estate Select Sector SPDR Fund (XLRE) was rising 0.6%. Bitcoin (BTC-USD) was falling 3% to $92,142, and the...

01:34 PM EST, 01/13/2025 (MT Newswires) -- Energy stocks were higher Monday afternoon, with the NYSE Energy Sector Index rising 1.3% and the Energy Select Sector SPDR Fund (XLE) climbing 2.2%. The Philadelphia Oil Service Sector index posted a 1.5% increase, and the Dow Jones US Utilities index was down 1.2%. Front-month West Texas Intermediate crude oil was rising 3.3%...

01:41 PM EST, 01/13/2025 (MT Newswires) -- US benchmark stock indexes were mixed as the so-called Magnificent 7 group of stocks declined after midday on Monday, helping send the S&P 500 and the Nasdaq Composite lower. The tech-heavy Nasdaq dropped 0.8% to 19,016.9, and the S&P 500 fell 0.1% to 5,819.5. Both indexes were off their session lows. The Dow...

The story of former fintech highflyer OneConnect Financial Technology Co. Ltd. ( OCFT ) is rapidly shaping up as a tale of an incredible shrinking company. It also offers a valuable corporate lesson on the dangers of relying too heavily on business from related companies. OneConnect made headlines late last week when it announced it would shutter its cloud services division, its largest breadwinner,...

In the last three months, 17 analysts have published ratings on Applied Mat , offering a diverse range of perspectives from bullish to bearish. The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings...

NEW YORK (Reuters) - Global hedge funds' exposure to software stocks in the U.S. reached new multi-year lows last week after a broader sell-off in the technology sector, Morgan Stanley ( MS ) said in a note. Software was the most net-sold, which continues the streak of net selling in the space since late-April and brings exposures to new multi-year...

Throughout the last three months, 5 analysts have evaluated Credo Technology Group ( CRDO ) , offering a diverse set of opinions from bullish to bearish. The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish...

It was a landslide victory for AAP as the party won 92 seats in the 117-member Punjab Assembly, decimating the Congress and the SAD-BSP combine.

Incarcerated Rashtriya Janata Dal (RJD) supremo Lalu Prasad's health condition has deteriorated and he will be shifted to AIIMS New Delhi for better treatment, officials said,

The Cabinet Committee on Economic Affairs approved the Department of Fertilizers's proposal for extension of the New Investment Policy (NIP)-2012's applicability for the Hindustan Urvarak & Rasayan Limited's (HURL) three units in Gorakhpur, Sindri and Barauni.

Budget Session 2022 Highlights: Bhagwant Mann was sworn-in as Punjab Chief Minister on Wednesday as elaborate arrangements were made for his oath-taking ceremony at Khatkar Kalan -- ancestral village of legendary freedom fighter Bhagat Singh in Shaheed Bhagat Singh (SBS) Nagar district. Delhi Chief Minister Arvind Kejriwal and other senior party leaders took part in the swearing-in ceremony. The Aam Aadmi Party romped home winning 92 seats in the 117-member Punjab Assembly, decimating the Congress and the SAD-BSP combine. Mann had invited the people of the state to attend his oath-taking ceremony, saying it's not he alone, but 3 crore people of Punjab will also take oath with him. He had also urged men to wear 'basanti' (yellow) colour turbans and women to wear basanti 'dupatta'. Officials said full-proof security arrangements were made for the ceremony and several senior officials, including Inspector General and Senior Superintendent Police rank officers, have been deputed for the event. Around 8,000 to 10,000 security personnel were deployed for the event, said the officials. The venue was spread over 50 acres of land with another 50 acres earmarked for parking of vehicles, said the officials.

STOCKHOLM (Reuters) -Norway's $1.6 trillion sovereign wealth fund, one of the world's largest investors, said on Thursday it would vote in favour of a proposal letting NatWest ( NWG ) buy back more of its stock from the British government, amid efforts to speed up privatisation. Ahead of its annual meeting on April 23, lender NatWest ( NWG ) has...

BUCHAREST, April 18 (Reuters) - Bucharest-based energy group Premier Energy ( PNRC ), owned by Czech investment firm EMMA Capital, said on Thursday it aims to secure 100 million euros ($107 million) from an initial public offering (IPO) on the Bucharest Stock Exchange. One of the biggest renewable energy developers in Romania and Moldova, it expects to start trading on...

03:46 AM EDT, 04/18/2024 (MT Newswires) -- Montrose Environmental Group ( MEG ) said late Wednesday it priced a public offering of 3 million common shares at $37.15 per share. The underwriters have been granted a 30-day option to purchase up to 450,000 additional common shares. Net proceeds will be used for general corporate purposes and strategic growth initiatives, the...

(Reuters) -Nashville-based independent music company Concord has agreed to buy British song investor Hipgnosis Songs Fund for $1.40 billion, the companies said on Thursday, gaining rights to the catalogues of artists including Shakira and Neil Young. Hipgnosis Songs Fund launched a strategic review last year after a shareholder revolt in October led to a board overhaul. Its investors will get...

The percentage of Bitcoin Unspent Transaction Outputs (UTXOs) in profit has fallen to its lowest level this year, last seen in October 2023. This decline in this metric aligns with the current plunge in bitcoin’s (BTC) price and the downward trajectory of the broader crypto market. According to a report by CryptoQuant analyst EgyHash, this could be a sign of...

Donald Trump said today that, if elected, he plans to create a special commission tasked with auditing Government institutions. The new organization would be headed by no other but billionaire supporter Elon Musk. Elon Musk Will Audit the US Government? What was first brought up as a suggestion in the conversation between Donald Trump and Elon Musk on X earlier...

Ripple has presented a solid bearish signal by breaking below the 200-day moving average of $0.55, highlighting the presence of sellers in the market. However, the price is now battling to breach the 100-day MA at $0.53, and a successful break below this level could trigger a significant decline in the coming days. XRP Analysis By Shayan The Daily Chart...

The Runes protocol has hit a major milestone, surpassing 50 million inscriptions less than five months after its launch on the Bitcoin network. According to a tweet by the market intelligence platform IntoTheBlock, the milestone indicates continued usage despite the initial hype fading. Runes Exceed 50M Minted Tokens Runes is a Bitcoin token standard enabling the creation of fungible tokens...