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Yen extends losses after US court order suspending Trump's tariffs
Yen extends losses after US court order suspending Trump's tariffs
May 29, 2025
The Japanese yen tumbled in Asian trade on Thursday against a basket of major rivals, expanding losses for the fourth straight session against the dollar and plumbing a two-week trough as markets celebrate a US trade courts rule to suspend Trumps tariffs on most countries. Safe havens were pressured further by Nvidias forecast-beating earnings results for the first quarter of...
US dollar falls after growth and labor data
US dollar falls after growth and labor data
May 29, 2025
The US dollar fell against most major rivals on Thursday after important data, while markets assess a US court ruling to suspend Trumps tariffs. The US International Trade Court in Manhattan ruled today that Trump overstepped his authority by imposing an economic emergency and tariffs on other countries, and ordered the administration to stop collecting tariffs. Nvidias stock also rallied...
Euro skids to two-week trough after US court's rule on Trump's tariffs
Euro skids to two-week trough after US court's rule on Trump's tariffs
May 29, 2025
The euro fell in European trade on Thursday against a basket of major rivals, expanding losses for the third straight session against the dollar and plumbing a two-week trough after a US court order suspending Trumps tariffs. Hot inflation data and bullish remarks from ECB officials led to divisions among policymakers on the rate decision in June, with investors awaiting...
Fed's minutes show expectations of one or two rate cuts by the end of 2025
Fed's minutes show expectations of one or two rate cuts by the end of 2025
May 28, 2025
The Federal Reserve released the minutes of its May meeting, which showed the bank expects one or two 0.25% interest rate cuts by the end of the year. The Federal Open Market Committee sees Trumps April tariffs as highly detrimental to the global risk sentiment. However, such an impact was largely reversed in the opinion of the FOMC following measures...
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INDIA STOCKS-Indian shares aim for record highs, joining Fed-inspired global rally
INDIA STOCKS-Indian shares aim for record highs, joining Fed-inspired global rally
Jul 31, 2024
BENGALURU, Aug 1 (Reuters) - Indian shares are set to hit all-time highs on Thursday, tracking a global rally after the U.S. Federal Reserve Chair Jerome Powell hinted at a possible interest rate cut in September, although Infosys could be a drag on the market. The GIFT Nifty was at 25,105.5 points as of 8:10 a.m. IST, suggesting the Nifty...
Sector Update: Financial
Sector Update: Financial
Jul 31, 2024
03:32 PM EDT, 07/31/2024 (MT Newswires) -- Financial stocks were mixed in late Wednesday afternoon trading, with the NYSE Financial Index adding 0.8% and the Financial Select Sector SPDR Fund (XLF) falling 0.3% The Philadelphia Housing Index was up 0.5%, and the Real Estate Select Sector SPDR Fund (XLRE) fell 0.1%. Bitcoin (BTC-USD) eased 0.1% to $66,079, and the yield...
Equities Rise as Fed Chair Powell Says September Rate Cut 'Could be on The Table'
Equities Rise as Fed Chair Powell Says September Rate Cut 'Could be on The Table'
Jul 31, 2024
05:08 PM EDT, 07/31/2024 (MT Newswires) -- US benchmark equity indexes closed higher Wednesday after Federal Reserve Chair Jerome Powell said monetary policy easing in September could be on the table. The Nasdaq Composite jumped 2.6% to 17,599.4, while the S&P 500 rose 1.6% to 5,522.3. The Dow Jones Industrial Average advanced 0.2% to 40,842.8. Among sectors, technology led the...
Federal Reserve 'Should Take The Foot Off The Brake' And Cut Rates, Economist Says
Federal Reserve 'Should Take The Foot Off The Brake' And Cut Rates, Economist Says
Jul 31, 2024
The Federal Reserve decided at its Wednesday meeting to keep the key interest rate between 5.25% and 5.5% while maintaining other policy interest rates and continuing to lower its bond holdings at a rate of $60 billion per month. Bill Adams, chief economist for Comerica Bank, said the committee held rates steady and made a “dovish change” to its July...
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ASUS Announces ExpertBook P5 G2 and B5 G2 Now Available for Purchase in the United States
ASUS Announces ExpertBook P5 G2 and B5 G2 Now Available for Purchase in the United States
Jun 23, 2026
Fremont, CA, June 23, 2026 (GLOBE NEWSWIRE) -- ASUS, global technology leader that provides the world's most innovative and intuitive devices, today announced the all-new ASUS ExpertBook P5 G2, and ASUS ExpertBook B5 G2 are now available for purchase on the ASUS Store in the United States. Image: ASUS Announces ExpertBook P5 G2 and B5 G2 Now Available for Purchase...
RT-One Selects RAVEL to Deliver Unprecedented Scalability for Sovereign AI Infrastructure Across the Americas
RT-One Selects RAVEL to Deliver Unprecedented Scalability for Sovereign AI Infrastructure Across the Americas
Jun 23, 2026
SEATTLE, June 23, 2026 (GLOBE NEWSWIRE) -- RAVEL, a leader in AI infrastructure and workload orchestration software, today announced it has been selected as a strategic technology partner by RT-One, developer of Latin America’s largest AI technology parks and data centers, to support the development of a first-of-its-kind federated AI infrastructure model for sovereign and large-scale AI workloads. RT-One will...
1Password Named a Leader in the 2026 Gartner® Magic Quadrant™ for SaaS Management Platforms
1Password Named a Leader in the 2026 Gartner® Magic Quadrant™ for SaaS Management Platforms
Jun 23, 2026
1Password positioned as a Leader for its 1Password SaaS Manager as AI adoption accelerates demand for unified SaaS governance TORONTO--(BUSINESS WIRE)-- 1Password, a leader in identity security, today announced it has been named a Leader in the 2026 Gartner® Magic Quadrant™ for SaaS Management Platforms. 1Password was recognized for its Ability to Execute and Completeness of Vision for its...
Alderbuck Energy to Deploy 800 VDC Solid-State Transformer Platform at San Diego Supercomputer Center
Alderbuck Energy to Deploy 800 VDC Solid-State Transformer Platform at San Diego Supercomputer Center
Jun 23, 2026
CEC-funded UC San Diego project will validate medium-voltage AC-to-800 VDC power infrastructure for high-density AI data centers SAN DIEGO--(BUSINESS WIRE)-- Alderbuck Energy today announced that its Nexus Power Unit™ (NPU), will be deployed at the San Diego Supercomputer Center at University of California San Diego. The NPU is a cutting-edge medium-voltage solid-state transformer (SST) platform and is set to enable...
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Ligand Pharmaceuticals Insider Sold Shares Worth $544,830, According to a Recent SEC Filing
Ligand Pharmaceuticals Insider Sold Shares Worth $544,830, According to a Recent SEC Filing
Jun 18, 2026
08:41 AM EDT, 06/18/2026 (MT Newswires) -- Stephen L Sabba, Director, on June 16, 2026, sold 2,145 shares in Ligand Pharmaceuticals ( LGND ) for $544,830. Following the Form 4 filing with the SEC, Sabba has control over a total of 33,629 common shares of the company, with 33,629 shares held directly. SEC Filing: https://www.sec.gov/Archives/edgar/data/886163/000110465926075456/xslF345X05/tm2618247-1_4seq1.xml ...
ChapsVision says ethics panel can veto deals deemed risky
ChapsVision says ethics panel can veto deals deemed risky
Jun 18, 2026
* Panel applies OECD, UN Charter and European rules * Panel includes former diplomats and security officials * OECD-country projects can still face review if risky By Leo Marchandon PARIS, June 18 (Reuters) - French software group ChapsVision said on Thursday its independent ethics committee can block contracts where its software could be misused, underscoring how oversight has become central...
Energy Fuels Up 16% In U.S. Pre-Market On Conditional U.S. Government Support to Speed-Up Growth in Rare Earths and Critical Materials
Energy Fuels Up 16% In U.S. Pre-Market On Conditional U.S. Government Support to Speed-Up Growth in Rare Earths and Critical Materials
Jun 18, 2026
08:42 AM EDT, 06/18/2026 (MT Newswires) -- U.S.-listed shares of Energy Fuels ( UUUU ) rose 16% on Thursday after it received conditional commitment for up to $725 million of senior-secured debt from U.S. Office of Strategic Capital (OSC) to support expansion of U.S. rare earths and critical materials production and processing capabilities. The OSC would extend the loan with...
Room for foreign automakers in Chinese market, BMW chairman says
Room for foreign automakers in Chinese market, BMW chairman says
Jun 18, 2026
PARIS, June 18 (Reuters) - There is room for automakers aside from Chinese ones in the Chinese car market, as it is by far the world's largest, BMW supervisory board chairman Nicolas Peter said on Thursday. Peter added that BMW remains quite confident in the U.S. market, which is stable and important, but that it is selling less in Europe...
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US SEC Charges 17 in $300M Crypto Ponzi Scheme
US SEC Charges 17 in $300M Crypto Ponzi Scheme
Mar 18, 2024
The United States Securities and Exchange Commission (SEC) has charged 17 individuals for allegedly perpetrating a cryptocurrency Ponzi scheme that defrauded thousands of Latino investors in the country for approximately $300 million. According to an official release from the regulator, the alleged fraudsters operated under a company named CryptoFX LLC, which is based in Houston, Texas. SEC Charges 17 For...
Will Bitcoin Enter The Danger Zone as Fed Rate Decision Looms ?
Will Bitcoin Enter The Danger Zone as Fed Rate Decision Looms ?
Mar 18, 2024
“Its officially Fed week, the week weve all been waiting for,” exclaimed macroeconomics outlet The Kobeissi Letter on March 17. The US Central Bank will make its highly anticipated announcement on March 20, which will set the tone for the USs economic outlook going forward. Key Events This Week: 1. Housing Starts data Tuesday 2. Fed Interest Rate Decision Wednesday...
US Dollar Closes in on Resistance, GBP/USD Testing Support, Interest Rate Decisions Near
US Dollar Closes in on Resistance, GBP/USD Testing Support, Interest Rate Decisions Near
Mar 15, 2024
US Dollar Price, Analysis, and Charts Major central bank policy decisions next week.US dollar index nears a cluster of resistance points.British Pound edging lower ahead of UK inflation report. Recommended by Nick Cawley Building Confidence in Trading The latest US PPI report showed that wholesale inflation remains sticky, denting the recent disinflation story. US y/y inflation rose 1.6% in February,...
​​​​​FTSE 100 Drops Back from Eight
​​​​​FTSE 100 Drops Back from Eight
Mar 15, 2024
FTSE 100, Dow Jones, Nasdaq 100 Daily Price and Charts ​​​FTSE 100 retreats from a ten-month high ​Wednesday saw the price reach its highest level in ten months, but a reversal on Thursday might suggest that more declines are in store, at least towards the 50-day simple moving average. ​Below this lies 7600, where buying pressure appeared in the second...
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