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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 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 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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Euro zone bond yields inch lower, market unfazed by moves elsewhere
Euro zone bond yields inch lower, market unfazed by moves elsewhere
Nov 25, 2025
(Updates after morning trading) By Alun John LONDON, Nov 25 (Reuters) - Euro zone bond yields nudged lower on Tuesday as U.S. Treasury yields held their recent declines on the back of growing expectations the Federal Reserve will deliver a December rate cut. Germany's 10-year Bund yield was down one basis point at 2.68%, broadly in the middle of its...
Social Buzz: Wallstreetbets Stocks Mostly Lower Premarket Tuesday; Nvidia to Fall, Alphabet to Advance
Social Buzz: Wallstreetbets Stocks Mostly Lower Premarket Tuesday; Nvidia to Fall, Alphabet to Advance
Nov 25, 2025
06:40 AM EST, 11/25/2025 (MT Newswires) -- The most-talked-about stocks in the Reddit subforum Wallstreetbets were mostly lower hours before market open. Nvidia ( NVDA ) shares were down 4% pre-bell, reversing a 2.1% increase from the previous session. The Information reported Monday that Meta Platforms ( META ) is contemplating using artificial intelligence chips designed by Alphabet's (GOOG, GOOGL)...
EMERGING MARKETS-EM assets edge higher with focus on US rate cut hopes, Ukraine peace deal
EMERGING MARKETS-EM assets edge higher with focus on US rate cut hopes, Ukraine peace deal
Nov 25, 2025
By Twesha Dikshit Nov 25 (Reuters) - Most emerging market equities and currencies edged higher on Tuesday, helped by expectations of a potential U.S. interest rate cut in December, while Ukraine's international bonds benefited from renewed efforts toward peace talks. The move comes at a time when jittery markets are eager to latch onto any catalyst to push higher, especially...
US futures ease with investors' focus on data, Alphabet shines
US futures ease with investors' focus on data, Alphabet shines
Nov 25, 2025
(Reuters) -U.S. stock index futures edged lower on Tuesday, cooling from a tech-fueled rally on Wall Street in the previous session, as investors awaited economic data and earnings that could offer insight into the resilience of the American consumer. Bucking broader declines, Alphabet gained 3.1% in premarket trading after a report said Facebook parent Meta was in discussions to use Google's AI...
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Restaurant Brands International Prices $1.2 Billion Notes Offering; Reprices Term Loan B
Restaurant Brands International Prices $1.2 Billion Notes Offering; Reprices Term Loan B
Jun 7, 2024
04:47 AM EDT, 06/07/2024 (MT Newswires) -- Restaurant Brands International (QSR) said late Thursday that together with its co-issuers, it has priced an offering of $1.2 billion principal amount of 6.125% first lien senior secured notes due 2029. Net proceeds will be used to fund repayments of debt under the company's term loan B facility, related fees and expenses, and...
Update: Biomea Reports Diabetes Drug Candidate Placed on Clinical Hold; Shares Plummet Premarket
Update: Biomea Reports Diabetes Drug Candidate Placed on Clinical Hold; Shares Plummet Premarket
Jun 7, 2024
04:52 AM EDT, 06/07/2024 (MT Newswires) -- (Updates with the stock move in the headline and the first paragraph.) Biomea Fusion ( BMEA ) shares were down more than 58% in premarket activity Friday after the company overnight reported that the US Food and Drug Administration notified a full clinical hold was placed on phase I/II trials of its investigational...
Netflix Shareholders Embrace Updated $40 Million Pay Packages for Both CEOs, WSJ Reports
Netflix Shareholders Embrace Updated $40 Million Pay Packages for Both CEOs, WSJ Reports
Jun 7, 2024
05:10 AM EDT, 06/07/2024 (MT Newswires) -- Netflix ( NFLX ) shareholders have voted to recommend approval of an executive compensation package that would give its two chief executives up to $40 million each, The Wall Street Journal reported Thursday. The outcome of the vote is nonbinding, the report said. A year earlier, the shareholders rejected a proposed compensation package,...
Rapport Therapeutics Prices Initial Public Offering
Rapport Therapeutics Prices Initial Public Offering
Jun 7, 2024
04:59 AM EDT, 06/07/2024 (MT Newswires) -- Rapport Therapeutics (RAPP) said late Thursday it priced its initial public offering of 8 million common shares at $17 per share, at the midpoint of its $16 to $18 per share indicative range. The drug developer said its shares will likely begin trading on Nasdaq on Friday under the RAPP ticker, with the...
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Polkadot (DOT) Ecosystem Recap: The Latest Developments
Polkadot (DOT) Ecosystem Recap: The Latest Developments
May 2, 2024
TL;DR Polkadots ecosystem witnessed numerous advancements in the past week, such as the Sinai Upgrade on the parachain Acala Network. The protocols native cryptocurrency DOT has shown solid performance, rising by 3% on a 7-day scale despite the recent market decline. Polkadots Latest Progress One of the most popular parachains built on Polkadot Acala has seen some major news over...
Meme Coins Cement Asset Class Status Amid Founder Cash Grabs
Meme Coins Cement Asset Class Status Amid Founder Cash Grabs
May 2, 2024
The current crypto market cycle, which is undergoing a heavy pullback, has largely been driven by meme coin mania and spot Bitcoin ETF hype. On May 1, economist and trader Alex Krüger shared his thoughts on what has been a rather bizarre crypto market cycle. Meme coins have dominated the narrative, alongside bitcoin following the ETF launches, he observed. However,...
US Prosecutors Investigate Jack Dorsey’s Block Over Non
US Prosecutors Investigate Jack Dorsey’s Block Over Non
May 2, 2024
According to a report released by NBC on Wednesday, U.S. prosecutors are investigating Block, a company featuring cryptocurrency services co-founded by Twitter co-founder Jack Dorsey. The allegations against the company involve accusations of processing transactions linked to sanctioned countries and potentially even individuals associated with terrorist activities. Former Employee Alleges Compliance Failures at Block During discussions with prosecutors from the...
Top 5 AI Cryptocurrencies to Put on Your Watch List in May
Top 5 AI Cryptocurrencies to Put on Your Watch List in May
May 2, 2024
TL;DR Despite a 10% weekly decline, Render (RNDR) remains a leading AI cryptocurrency with significant yearly gains, supported by advancements like its recent integration with Coinbase. Other notable assets of that type include Bittensor (TAO), The Graph (GRT), and more. Render (RNDR) Despite suffering the negative consequences of the recent correction in the crypto sector, the realm of Artificial Intelligence...
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