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Euro moves into positive territory ahead of ECB rate decision
Euro moves into positive territory ahead of ECB rate decision
Jun 11, 2026
The euro rose in European trading on Thursday against a basket of global currencies, moving into positive territory against the US dollar and heading toward its third gain in the last four sessions, ahead of the European Central Bank's policy decisions later today. The ECB is widely expected to announce its first interest rate increase since July 2023. The US...
Dollar trades unevenly as Middle East tensions escalate
Dollar trades unevenly as Middle East tensions escalate
Jun 11, 2026
The US dollar edged lower on Thursday as fresh US strikes in the Middle East continued to weigh on investor sentiment, while a jump in US inflation to its highest level in three years in May kept markets focused on the future path of Federal Reserve monetary policy. Currency markets remained relatively subdued this week as investors balanced the fragility...
US producer prices rise more than expected in May as energy costs surge amid Iran conflict
US producer prices rise more than expected in May as energy costs surge amid Iran conflict
Jun 11, 2026
US producer prices increased more than expected in May, posting their largest annual gain in three and a half years as energy costs climbed due to the conflict in the Middle East. The Labor Department's Bureau of Labor Statistics said on Thursday that the Producer Price Index for final demand rose 1.1% in May, matching a downwardly revised increase of...
Canadian dollar edges higher after rate hold as North American trade pact uncertainty lingers
Canadian dollar edges higher after rate hold as North American trade pact uncertainty lingers
Jun 10, 2026
The Canadian dollar rose modestly against its US counterpart on Wednesday after the Bank of Canada maintained a wait-and-see approach on interest rates, while investors continued to assess the future of the North American free trade agreement amid ongoing uncertainty. The Canadian dollar, commonly known as the loonie, gained about 0.2% to C$1.3925 per US dollar after trading in a...
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Sector Update: Health Care
Sector Update: Health Care
Mar 21, 2024
03:42 PM EDT, 03/21/2024 (MT Newswires) -- Health care stocks rose late Thursday afternoon with the NYSE Health Care Index adding 0.2% and the Health Care Select Sector SPDR Fund (XLV) rising 0.3%. The iShares Biotechnology ETF (IBB) climbed 0.9%. In corporate news, Eledon Pharmaceuticals ( ELDN ) shares surged 12% after it said its tegoprubart monoclonal antibody was used...
Japan's Nikkei hits record high on Wall Street gains, weaker yen
Japan's Nikkei hits record high on Wall Street gains, weaker yen
Mar 21, 2024
TOKYO, March 22 (Reuters) - Japan's Nikkei share average hit a record high on Friday, underpinned by the strength on Wall Street overnight and as a weaker yen prompted investors to buy automakers. The Nikkei rose to as high as 41,087.75 earlier in the session, crossing the 41,000 level for the first time. The index ended 0.07% higher at 40,844.53...
Sector Update: Financial
Sector Update: Financial
Mar 21, 2024
03:19 PM EDT, 03/21/2024 (MT Newswires) -- Financial stocks advanced late Thursday afternoon, with the NYSE Financial Index and the Financial Select Sector SPDR Fund (XLF) each rising 0.9%. The Philadelphia Housing Index climbed 1.8%, and the Real Estate Select Sector SPDR Fund (XLRE) was adding 0.4% Bitcoin (BTC-USD) dropped 4% to $65,176, and the yield for 10-year US Treasuries...
FedEx, Nike And 3 Stocks To Watch Heading Into Friday
FedEx, Nike And 3 Stocks To Watch Heading Into Friday
Mar 22, 2024
With U.S. stock futures trading higher this morning on Friday, some of the stocks that may grab investor focus today are as follows: FedEx Corporation ( FDX ) reported better-than-expected earnings for its third quarter and authorized a new $5 billion share repurchase program. FedEx ( FDX ) shares jumped 12.9% to $299.07 in the after-hours trading session. Worthington Steel,...
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Bitcoin (BTCUSD) attempts to gain positive momentum-Analysis-28-05-2025
Bitcoin (BTCUSD) attempts to gain positive momentum-Analysis-28-05-2025
May 27, 2025
The (Bitcoin) price settled downside in its last intraday trading, affected by the stability of the psychological resistance level at $110,000, which formed an obstacle against the extension of the bullish wave. This comes with the emergence of the negative signals on the (RSI) after reaching overbought levels, as a signal for the price neediness for a temporary correction before...
Crude oil is witnessing cautious gains-Analysis-26-05-2025
Crude oil is witnessing cautious gains-Analysis-26-05-2025
May 27, 2025
The (crude oil) price rose in its last intraday trading, affected by the stability of the key support at $60.00, providing positive momentum that assisted it to rise, attempting to offload its clear oversold conditions on the (RSI), especially with the emergence of the positive signals. This comes amid the continuation of the negative pressure from its trading below the...
Japan proposes to buy U.S. chip products in tariff talks, Asahi says
Japan proposes to buy U.S. chip products in tariff talks, Asahi says
May 27, 2025
TOKYO (Reuters) -Japan has proposed purchasing billions of dollars worth of U.S. semiconductor products during ongoing tariff negotiations with the United States, the Asahi newspaper reported, citing an unidentified source. The Japanese government plans to subsidize domestic companies that buy the U.S. chips from companies such as Nvidia ( NVDA ), with potential imports reaching up to 1 trillion yen...
How to invest in ETFs
How to invest in ETFs
May 27, 2025
Key takeaways Exchange-traded funds, or ETFs, are funds that hold many different assets and trade on an exchange like a stock. ETFs allow investors to hold a diversified portfolio for the cost of a single share. They often come with low costs and tax advantages that make them popular with investors. Exchange-traded funds, or ETFs, are an increasingly popular way...
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Nasdaq terminates employee over social media post on Kirk shooting
Nasdaq terminates employee over social media post on Kirk shooting
Sep 12, 2025
Sept 12 (Reuters) - Nasdaq said on Friday it had terminated an employee for social media posts related to conservative influencer Charlie Kirk's shooting, citing clear violation of its policy. (Reporting by Ateev Bhandari in Bengaluru; Editing by Anil D'Silva) ...
Winklevoss twins' crypto exchange Gemini valued at $4.4 billion in strong Nasdaq debut
Winklevoss twins' crypto exchange Gemini valued at $4.4 billion in strong Nasdaq debut
Sep 12, 2025
(Reuters) -Gemini Space Station shares jumped 32.2% in their Nasdaq debut on Friday, giving the cryptocurrency exchange a valuation of $4.4 billion and capping a bright week for digital asset companies in a resurgent U.S. IPO market. ...
Ticket reseller StubHub's IPO 20 times oversubscribed, source says
Ticket reseller StubHub's IPO 20 times oversubscribed, source says
Sep 12, 2025
By Ateev Bhandari Sept 12 (Reuters) - Ticket reseller StubHub, which delayed its U.S. listing in April amid market volatility, has drawn over 20 times as many orders for its planned initial public offering as there are available shares, a source familiar with the matter said on Friday. The outsized demand for the IPO, which is set to price shares...
Sellers on Amazon, MercadoLibre face competitive barriers, Mexico watchdog rules
Sellers on Amazon, MercadoLibre face competitive barriers, Mexico watchdog rules
Sep 12, 2025
MEXICO CITY (Reuters) -An investigation into Mexico's e-commerce market found that sellers on Amazon and MercadoLibre faced barriers to competition, the nation's anti-trust watchdog Cofece said on Friday. However, the Cofece commission was unable to reach a consensus to order corrective measures against the firms, it added in a statement. According to Cofece, Amazon and MercadoLibre do not provide sufficient...
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