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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 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 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 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...
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Bets on 'Trump 2.0' winners and losers whip up markets
Bets on 'Trump 2.0' winners and losers whip up markets
Nov 6, 2024
LONDON (Reuters) - Donald Trump's rapid confirmation as the next U.S. president propelled the dollar and punished the euro as investors bet on tariffs on imports affecting trade while tax cuts could benefit U.S. business. U.S. stock futures rallied almost by the most in a year, while the dollar was set for its largest one-day jump since 2022. Bitcoin hit...
Japan's Nikkei ends at 3-week high as markets await US election outcome
Japan's Nikkei ends at 3-week high as markets await US election outcome
Nov 6, 2024
(Updates with closing levels) TOKYO, Nov 6 (Reuters) - Japan's Nikkei share average ended at a three-week high on Wednesday, led by chip and defence stocks, while market participants keenly awaited the outcome of the U.S. presidential election. The Nikkei jumped 2.61% to 39,480.67, its highest closing level since Oct. 15. The index also posted its biggest daily gain since...
Dow, Nasdaq Jump Over 1% Ahead Of Election Results: Investor Sentiment Improves, But Greed Index Remains In 'Fear' Zone
Dow, Nasdaq Jump Over 1% Ahead Of Election Results: Investor Sentiment Improves, But Greed Index Remains In 'Fear' Zone
Nov 6, 2024
The CNN Money Fear and Greed index showed an improvement in the overall market sentiment, but the index remained in the “Fear” zone on Tuesday. U.S. stocks settled higher on Monday, with the Dow Jones index gaining more than 400 points as investors awaited the results of the U.S. presidential election. The Federal Reserve is also scheduled to announce its...
Trump Wins Presidential Election, Lifting US Equity Futures Pre-Bell
Trump Wins Presidential Election, Lifting US Equity Futures Pre-Bell
Nov 6, 2024
08:11 AM EST, 11/06/2024 (MT Newswires) -- US equity futures were higher Wednesday after Donald Trump prevailed over Kamala Harris in the US presidential election. Dow Jones Industrial Average futures rose 3.2%, S&P 500 futures increased 2.3%, and Nasdaq futures were up 1.7%. Trump was elected the 47th US president after he secured at least 277 Electoral College votes, more...
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How will Britain's next prime minister be announced?
How will Britain's next prime minister be announced?
Sep 4, 2022
Britain will get a new prime minister next week, with either Foreign Secretary Liz Truss or former finance minister Rishi Sunak being announced on Monday as the next leader of the governing Conservative Party, and the next prime minister.
Shashi Tharoor to get Legion of Honour, France's highest civilian award — here's why
Shashi Tharoor to get Legion of Honour, France's highest civilian award — here's why
Aug 12, 2022
The Chevalier de la Légion d'Honneur or the Legion of Honour is a French order of merit that was established in 1802 by Napoleon Bonaparte. It is awarded for excellent civil or military conduct.
Former US president Trump says FBI conducting search of Mar-a-Lago estate
Former US president Trump says FBI conducting search of Mar-a-Lago estate
Aug 9, 2022
The FBI has raided Donald Trump's MaraLago estate in Florida reportedly over a probe into the handling of presidential documents, triggering an angry outburst from the former president who termed it "prosecutorial misconduct" and "the weaponisation of the justice system" to prevent him from running for the White House in 2024. Trump, 76, said in a statement on Monday that MaraLago in Palm Beach was "occupied by a large group of FBI agents".
Liz wins UK's Trusst — Meet the ‘New Iron Lady’ of Britain
Liz wins UK's Trusst — Meet the ‘New Iron Lady’ of Britain
Sep 5, 2022
Liz Truss, at 47, became the third woman British PM today. Her rise has been meteoric, with successful innings under three PMs, David Cameron, Theresa May and Boris Johnson. While so far, her instinct for survival and needle focus have kept her going, her 'fairytale economics' has kept her critics busy. But winter is coming, and Truss has promises to keep.
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