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Aussie is worst performing currency after RBA rate cut
Aussie is worst performing currency after RBA rate cut
May 25, 2025
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...
Aussie moves in a positive zone after inflation data
Aussie moves in a positive zone after inflation data
May 25, 2025
The Australian dollar rose in Asian trade on Wednesday against the US dollar after a short hiatus yesterday, with the pair heading towards four-month high and about to mark the second monthly profit in a row. Earlier Sydney data showed inflationary pressures remained persistent on monetary policymakers, casting doubts on the odds of an Australian interest rate cut in May....
Aussie falls and shrugs off strong employment data
Aussie falls and shrugs off strong employment data
May 25, 2025
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...
Aussie drops after wages data
Aussie drops after wages data
May 25, 2025
The Australian dollar fell against most major rivals on Wednesday following labor data. Australian wages rose 0.9% in the first quarter of the year, above estimates of 0.8%. On trading, the AUD/USD pair rose 0.7% as of 20:56 GMT to 0.6428. Loonie The Canadian dollar fell 0.3% against the greenback as of 20:56 GMT to $0.7155. The US Dollar The...
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Sector Update: Energy
Sector Update: Energy
Aug 1, 2024
01:31 PM EDT, 08/01/2024 (MT Newswires) -- Energy stocks fell Thursday afternoon with the NYSE Energy Sector Index declining 2.3% and the Energy Select Sector SPDR Fund (XLE) dropping 2.6%. The Philadelphia Oil Service Sector index slumped 4.6%, and the Dow Jones US Utilities index rose 1.7%. West Texas Intermediate crude oil fell 1.2% to $76.97 a barrel, while global...
US STOCKS-Wall Street retreats on slowdown fears; Dow, small-caps slide
US STOCKS-Wall Street retreats on slowdown fears; Dow, small-caps slide
Aug 1, 2024
(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window.) * US manufacturing gauge drops to eight-month low * Arm Holdings down after tepid Q2 revenue forecast * Eli Lilly ( LLY ) up as weight-loss drug cut heart failure risk in trial * Moderna ( MRNA ) slumps after...
US Equity Indexes, Treasury Yields Dive as Jobless Claims Surge Amid Worsening Manufacturing Activity
US Equity Indexes, Treasury Yields Dive as Jobless Claims Surge Amid Worsening Manufacturing Activity
Aug 1, 2024
12:50 PM EDT, 08/01/2024 (MT Newswires) -- US equity indexes slumped with government bond yields as jobless claims hit the highest in a year while a manufacturing gauge surprisingly sank deeper into contractionary territory. The Nasdaq dropped 1.7% to 17,301.5, with the S&P 500 down 1.1% to 5,461.4 and the Dow Jones Industrial Average 1.2% lower at 40,335.8 after midday...
Exchange-Traded Funds, US Equities Drop After Midday Trading
Exchange-Traded Funds, US Equities Drop After Midday Trading
Aug 1, 2024
12:53 PM EDT, 08/01/2024 (MT Newswires) -- Broad Market Indicators Broad-market exchange-traded fund IWM and IVV were lower. Actively traded Invesco QQQ Trust (QQQ) fell 1.9%. US equity indexes slumped with government bond yields as jobless claims hit the highest in a year while a manufacturing gauge surprisingly sank deeper into contractionary territory. Energy iShares US Energy ETF (IYE) and...
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Forecast update for Bitcoin -25-06-2025
Forecast update for Bitcoin -25-06-2025
Jun 25, 2025
The price of (BTCUSD) kept rising in its intraday levels, supported by its continuous trading above it EMA50, affected by surpassing the bearish correctional channels range that was confining its previous trading on the short-term basis, providing continuous positive momentum for the continuation of its rise, despite the emergence of the negative signals on the (RSI), after reaching overbought conditions,...
Forecast update for Silver -25-06-2025
Forecast update for Silver -25-06-2025
Jun 25, 2025
The price of (Silver) declined in its recent intraday trading, affected by the stability of the main resistance level a t$36.00, amid the dominance of the bearish correctional trend on the short-term basis and its trading alongside a bias line, with the continuation of the negative pressure due to its trading below EMA50, besides the beginning of the negative overlapping...
Forecast update for crude oil -25-06-2025
Forecast update for crude oil -25-06-2025
Jun 25, 2025
The price of (crude oil) declined in its last intraday trading, after recovering its previous losses in its early trading for today, where it took advantage of its lean on the support of the main bullish trend line on the short-term basis, gaining some positive momentum to bounce higher, and it has succeeded in offloading its clear oversold conditions on...
Forecast update for Brent crude oil -25-06-2025
Forecast update for Brent crude oil -25-06-2025
Jun 25, 2025
The price of (Brent) declined in its last intraday trading, getting ready to break its current support at $66.50, after it succeeded in its previous moves to recover some of its previous losses, and offloading its clear oversold conditions on the (RSI), after the stability of this support due to gaining some positive momentum by leaning on it, amid the...
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Food compliance firm Where Food Comes From posts higher Q3 profit on asset sale
Food compliance firm Where Food Comes From posts higher Q3 profit on asset sale
Nov 13, 2025
Overview * Where Food Comes From ( WFCF ) Q3 total revenue decreased slightly to $7.0 mln from $7.1 mln * Net income for Q3 increased to $1.1 mln, aided by asset sale gain * Company repurchased 60,721 shares in Q3, continuing stock buybacks Outlook * Company highlights growth in pork, dairy, and egg verification activities * Company plans to...
Bank of New York Mellon Launches Stablecoin Reserves Fund
Bank of New York Mellon Launches Stablecoin Reserves Fund
Nov 13, 2025
09:12 AM EST, 11/13/2025 (MT Newswires) -- Bank of New York Mellon ( BK ) said Thursday it launched the BNY Dreyfus Stablecoin Reserves Fund. The money market fund will hold stablecoin reserves for US issuers and other qualified institutional investors under the GENIUS Act framework, the bank said. Anchorage Digital provided the fund's initial investment, Bank of New York...
Liberty Latin America and Millicom Provide Update on Proposed Costa Rica Transaction
Liberty Latin America and Millicom Provide Update on Proposed Costa Rica Transaction
Nov 13, 2025
DENVER, Colorado & LUXEMBOURG--(BUSINESS WIRE)-- Liberty Latin America Ltd ( LILA ). (“Liberty Latin America” or “LLA”) and Millicom International Cellular S.A. ( TIGO ) (“Millicom”) confirm that Costa Rica’s Board of Telecommunications Superintendency, SUTEL, has issued its final resolution with a decision not to approve the proposed transaction to combine the companies’ respective operations in Costa Rica. The companies...
Metsera shareholders vote for $10 billion acquisition by Pfizer
Metsera shareholders vote for $10 billion acquisition by Pfizer
Nov 13, 2025
Nov 13 (Reuters) - Metsera ( MTSR ) shareholders on Thursday approved Pfizer's ( PFE ) takeover offer worth up to $10 billion, allowing the U.S. pharmaceutical giant re-entry into the lucrative obesity treatment market after a fierce bidding war with Wegovy-maker Novo Nordisk. ...
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