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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...
Aussie hits one-week high after strong wages data
Aussie hits one-week high after strong wages data
May 25, 2025
The Australian dollar rose in Asian trade on Wednesday against a basket of major rivals, expanding gains for the second straight session against the US dollar and hitting a week high, while approaching five-week highs following strong Australian wages data. The data renewed inflationary pressures on the Reserve Bank of Australias policymakers, which hurt the odds of a rate cut...
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....
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US STOCKS-Rate cut hopes buoy futures ahead of fresh data
US STOCKS-Rate cut hopes buoy futures ahead of fresh data
Aug 15, 2024
(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window.) * Futures up: Dow 0.2%, Nasdaq 0.2%, S&P 500 0.1% Aug 15 (Reuters) - U.S. stock index futures edged higher on Thursday ahead of another batch of economic data, after benign consumer inflation figures reinforced hopes for the Federal Reserve...
S&P 500, Dow Jones Gain For 5th Straight Session Following Inflation Report: Greed Index Remains In 'Fear' Zone
S&P 500, Dow Jones Gain For 5th Straight Session Following Inflation Report: Greed Index Remains In 'Fear' Zone
Aug 15, 2024
The CNN Money Fear and Greed index showed some improvement in the overall market sentiment, while the index remained in the “Fear” zone on Wednesday. U.S. stocks settled higher on Wednesday, with the S&P 500 recording gains for the fifth straight session following the release of inflation data. On the economic data front, headline CPI inflation fell from 3% in...
Japan's Nikkei rises as solid economic growth, US rate cues buoy sentiment
Japan's Nikkei rises as solid economic growth, US rate cues buoy sentiment
Aug 14, 2024
(Updates with closing levels) By Brigid Riley TOKYO, Aug 15 (Reuters) - Japan's Nikkei share average rose on Thursday, as data showed better-than-expected economic growth in the June quarter and Wall Street closed higher overnight on September rate cut prospects in a boost to investor sentiment. The Nikkei closed 0.8% higher at 36,726.64, locking in a fourth straight day of...
Walmart, Alibaba And Other 3 Stocks To Watch Heading Into Thursday
Walmart, Alibaba And Other 3 Stocks To Watch Heading Into Thursday
Aug 14, 2024
With U.S. stock futures trading higher this morning on Thursday, some of the stocks that may grab investor focus today are as follows: Wall Street expects Walmart Inc ( WMT ). to report quarterly earnings at $0.64 per share on revenue of $168.57 billion before the opening bell, according to data from Benzinga Pro. Walmart ( WMT ) shares gained...
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Tenure of Shehbaz Sharif-led Pakistan govt ends | What happens next
Tenure of Shehbaz Sharif-led Pakistan govt ends | What happens next
Aug 4, 2023
The tenure of the Pakistan National Assembly ends on August 12. However, the assembly will be prematurely dissolved on August 9, Pakistan Prime Minister Shehbaz Sharif said. What does it mean and what happens next?
Prime Minister Narendra Modi to visit Germany, Denmark, France from May 2-4
Prime Minister Narendra Modi to visit Germany, Denmark, France from May 2-4
Apr 27, 2022
Prime Minister Narendra Modi will travel to Germany, Denmark, and France for a three-day visit beginning May 2 in response to the Ukraine situation and Europe's hard stance on the issue. This will be his first trip overseas this year. The Ministry of External Affairs (MEA) announced the visit on Wednesday, saying that the prime minister will fly to Germany first, then to Denmark, with a brief stopover in Paris on his way back on May 4.
Former US vice president Mike Pence launches presidential bid
Former US vice president Mike Pence launches presidential bid
Jun 7, 2023
Pence, who faced threats from Trump supporters during the certification of the 2020 election results, released a campaign video taking aim at President Joe Biden and indirectly criticising Trump.
Imran Khan failed to present evidence of assassination claim to investigation team: Pak Interior Minister Sanaullah
Imran Khan failed to present evidence of assassination claim to investigation team: Pak Interior Minister Sanaullah
Jun 14, 2023
Sanaullah said that Khan, also the chief of the Pakistan Tehreek-e-Insa party, for no reason levelled allegations against Prime Minister Sharif, himself and senior Pakistan Army officers for hatching an assassination conspiracy, The Express Tribune newspaper reported on Tuesday.
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Tata Power Renewable Energy wins 200-MW project in collaboration with SJVN
Tata Power Renewable Energy wins 200-MW project in collaboration with SJVN
Nov 28, 2023
The firm and dispatchable renewable energy (FDRE) project, designed with a hybrid of solar, wind, and battery storage, is aimed at providing a stable and dispatchable energy supply during peak hours. Shares of Tata Power Company Ltd ended at ₹270.75, up by ₹12.60, or 4.88%, on the BSE.
Suzlon's S144–3 MW wind turbines get big boost from Indian government
Suzlon's S144–3 MW wind turbines get big boost from Indian government
Nov 15, 2023
Th Suzlon wind turbines received the RLMM (Revised List of Models & Manufacturers) listing from the Ministry of New and Renewable Energy, marking an important milestone for the successful commercialisation of the product. Shares of Suzlon Energy Ltd ended at ₹40.49, up by ₹1.85, or 4.79%, on the BSE.
How Zara and H&M are trying to clean up fast fashion's messy carbon footprint — are they serious about it
How Zara and H&M are trying to clean up fast fashion's messy carbon footprint — are they serious about it
Sep 18, 2023
Fast fashion retailer H&M is all set to sell second-hand clothes at its Regent Street flagship store in UK from October — offering items that are 'ready to be loved again.' Zara also recently launched its online second-hand service in France, having trialled it in Britain since November last year. But are these 'green initiatives' for real, or just some more greenwashing? CNBC TV18 gives a macro view.
This sustainable jewellery brand is luring some women away from gold
This sustainable jewellery brand is luring some women away from gold
Oct 30, 2023
Aulerth's offerings range from ₹5,000 to as high as ₹2.8 lakh. Are women willing to spend this much on jewellery made from scrap? Founder and CEO Vivek Ramabhadran definitely believes so. Aulerth produces couture-inspired pieces in association with designers like JJ Valaya, Suneet Varma, among others. It has reported 33% repeat customers in the past year and expects a spike to 40% soon.
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Does the Current Market Condition Mirror 2019? IntoTheBlock Offers Insights
Does the Current Market Condition Mirror 2019? IntoTheBlock Offers Insights
Sep 11, 2024
The current market condition has raised speculation among market participants about the short-term price trajectory of the asset class. Slowing crypto adoption and a tough macro environment have caused traders to wonder if this is the start of a bear market or just a quiet phase in this bull cycle. IntoTheBlock said analysts noted that the current phase mirrors a...
Ripple CLO Criticizes US Regulators for Using Crypto as Scapegoat in Money Laundering Scandals
Ripple CLO Criticizes US Regulators for Using Crypto as Scapegoat in Money Laundering Scandals
Sep 11, 2024
Ripple Labs’ Chief Legal Officer, Stuart Alderoty, has slammed U.S. regulators for unfairly targeting the cryptocurrency industry in money laundering investigations while allowing traditional banks to slip under the radar. In a recent X post, Alderoty pointed to the New York Federal Reserve’s reported role in enabling large-scale illicit transfers, including those tied to terrorist groups, as evidence that crypto...
BTC Price Reacts to Last US CPI Data Ahead of FOMC Meeting
BTC Price Reacts to Last US CPI Data Ahead of FOMC Meeting
Sep 11, 2024
Aligned with most expectations, the US Consumer Price Index showed a 2.5% year-over-year increase in August, which is 0.4% lower than the number for July. According to experts, this almost settles the debate on whether the Federal Reserve will cut the base interest rates by 25 basis points or 50. The CPI increase of 2.5% for August showcases a moderate...
Shiba Inu FUD Reaches a ‘Tremendous’ Level as This SHIB Indicator Plummets to a 22
Shiba Inu FUD Reaches a ‘Tremendous’ Level as This SHIB Indicator Plummets to a 22
Sep 11, 2024
TL;DR The number of small Shiba Inu (SHIB) holders has significantly decreased, reflecting high levels of Fear, Uncertainty, and Doubt (FUD). Despite the current bearish sentiment, factors such as a shift to self-custody and an increase in SHIBs burn rate could potentially drive a future price uptrend. Small Players Leave the Ecosystem The popular meme coin Shiba Inu (SHIB) has...
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