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Dollar moves in a positive zone as US treasury yields gian ground
Dollar moves in a positive zone as US treasury yields gian ground
Apr 22, 2024
Dollar rose in European trade on Monday against a basket of major rivals, resuming movements in the positive zone as US 10-year treasury yields powered up. Markets are now focused on upcoming US data later this week to gather more clues on the future of US interest rates. The Index The dollar index rose 0.15% today to 106.28, with a...
GBP/USD, EUR/GBP Outlooks – Sterling Weakens After Bank of England Commentary
GBP/USD, EUR/GBP Outlooks – Sterling Weakens After Bank of England Commentary
Apr 22, 2024
GBP/USD and EUR/GBP Analysis and Charts UK rate cut now seen in August.EUR/GBP at a new multi-month high.​Most Read: British Pound Weekly Forecast - Lighter Data Week Could Mean Some Respite Our brand new Q2 British Pound Forecast is available to download for free below: Recommended by Nick Cawley Get Your Free GBP Forecast UK inflation will continue to fall...
Euro gains ground and heads for $1.07
Euro gains ground and heads for $1.07
Apr 22, 2024
Euro rose in European trade on Monday against a basket of major rivals, extending gains for the second session and moving away from five-month lows on active short-covering. The pair is approaching the $1.07 barrier in wait for many important European and US later today, which will impact the path of trading throughout the week., Many analysts still expect the...
Gold Price Update: Israeli Attack Lifts Safe Haven Appeal, Weighs on Risk Assets
Gold Price Update: Israeli Attack Lifts Safe Haven Appeal, Weighs on Risk Assets
Apr 19, 2024
Gold (XAU/USD) Analysis Gold spiked higher, falling narrowly short of the all-time highFX markets captured the flight to safety while US equity markets were shutGold volatility index eyed ahead of the weekendGet your hands on the Gold Q2 outlook today for exclusive insights into key market catalysts that should be on every trader's radar: Recommended by Richard Snow Get Your...
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Equities Rise Ahead of Next Week's Fed Decision
Equities Rise Ahead of Next Week's Fed Decision
Sep 13, 2024
04:26 PM EDT, 09/13/2024 (MT Newswires) -- US benchmark equity indexes closed higher Friday as markets awaited the Federal Reserve's latest monetary policy decision due next week. The Dow Jones Industrial Average and the Nasdaq Composite rose 0.7% each to 41,393.8 and 17,684, respectively. The S&P 500 rose 0.5% to 5,626. All sectors notched gains, led by utilities and communication...
EMERGING MARKETS-Latam FX scales two-week highs on big Fed rate cut bets; Brazil in focus
EMERGING MARKETS-Latam FX scales two-week highs on big Fed rate cut bets; Brazil in focus
Sep 13, 2024
* Brazil's economic activity falls less than expected in July * Peru CB cuts benchmark rate for second time in a row to 5.25% * Goldman Sachs raises 12-mth target for MSCI EM stocks index * Russia's central bank raises key interest rate by 100 bps to 19% * Stocks rise 2.2%, FX adds 1.9% (Updated 1945 GMT) By Johann...
Sector Update: Tech
Sector Update: Tech
Sep 13, 2024
03:28 PM EDT, 09/12/2024 (MT Newswires) -- Tech stocks were mixed in late Thursday afternoon trading with the Technology Select Sector SPDR Fund (XLK) rising 0.9% and the SPDR S&P Semiconductor ETF (XSD) shedding 0.5%. The Philadelphia Semiconductor index was down 0.1%. In corporate news, Micron Technology ( MU ) shares fell 4% as BNP Paribas Exane downgraded its rating...
Sector Update: Health Care Stocks Edge Higher Late Afternoon
Sector Update: Health Care Stocks Edge Higher Late Afternoon
Sep 13, 2024
03:59 PM EDT, 09/13/2024 (MT Newswires) -- Health care stocks advanced late Friday afternoon, with the NYSE Health Care Index and the Health Care Select Sector SPDR Fund (XLV) each adding 0.2%. The iShares Biotechnology ETF (IBB) climbed 1.4%. In corporate news, 22nd Century ( XXII ) shares surged 23%. The company entered a stock sale agreement with certain institutional...
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Demystifying ServiceTitan: Insights From 10 Analyst Reviews
Demystifying ServiceTitan: Insights From 10 Analyst Reviews
Apr 9, 2025
ServiceTitan ( TTAN ) underwent analysis by 10 analysts in the last quarter, revealing a spectrum of viewpoints from bullish to bearish. The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 6 1...
US senator to hold up Trump cybersecurity nominee, citing telecom 'cover up'
US senator to hold up Trump cybersecurity nominee, citing telecom 'cover up'
Apr 9, 2025
WASHINGTON (Reuters) -U.S. Democratic Senator Ron Wyden plans to put a hold on Donald Trump's appointee for the U.S. cybersecurity agency, citing what the Oregon senator called a multi-year cover up of serious vulnerabilities in the U.S. telecommunications network. In prepared remarks reviewed by Reuters and set to be released later on Wednesday, Wyden said he would object to considering...
Google launches new Ironwood chip to speed AI applications 
Google launches new Ironwood chip to speed AI applications 
Apr 9, 2025
SAN FRANCISCO (Reuters) - Alphabet's on Wednesday unveiled its seventh-generation artificial intelligence chip named Ironwood, which the company said is designed to speed the performance of AI applications. The Ironwood processor is geared toward the type of data crunching needed when users query software such as OpenAI's ChatGPT. Known in the tech industry as inference computing, the chips perform rapid...
Factbox-Companies eye US expansion to lessen fallout from tariffs
Factbox-Companies eye US expansion to lessen fallout from tariffs
Apr 9, 2025
(Reuters) -Some companies have said they are looking at expanding their presence or setting up shop in the United States to mitigate the costs of President Donald Trump's sweeping tariffs. Below are some of the plans companies have flagged, in alphabetical order. CAMPARI The Italian spirits group is assessing the opportunities to expand its production in the U.S. without losing...
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Ecopetrol's Reficar refinery awarded nearly 20% of McDermott common capital, company says
Ecopetrol's Reficar refinery awarded nearly 20% of McDermott common capital, company says
Mar 21, 2024
BOGOTA, March 21 (Reuters) - The Reficar oil refinery belonging to Colombia's Ecopetrol was awarded 19.9% of the common capital in infrastructure firm McDermott in preferential shares by a judge in Amsterdam, Ecopetrol said in a statement on Thursday. The refinery is located in the Colombian city of Cartagena. ...
Oil eases on possible Gaza ceasefire, dollar strength
Oil eases on possible Gaza ceasefire, dollar strength
Mar 21, 2024
SINGAPORE (Reuters) -Oil prices slipped on Friday on the possibility of a nearing Gaza ceasefire that could ease geopolitical concerns in the Middle East, while a stronger dollar and faltering U.S. gasoline demand also weighed on prices. Brent crude futures fell 42 cents, or 0.5%, to $85.36 a barrel by 0203 GMT. U.S. crude futures shed 40 cents, or 0.5%,...
UN adopts first global artificial intelligence resolution
UN adopts first global artificial intelligence resolution
Mar 21, 2024
(Reuters) -The United Nations General Assembly on Thursday unanimously adopted the first global resolution on artificial intelligence that encourages countries to safeguard human rights, protect personal data, and monitor AI for risks. The nonbinding resolution, proposed by the United States and co-sponsored by China and over 120 other nations, also advocates the strengthening of privacy policies. Today, all 193 members...
Ecopetrol's Reficar wins court judgment in long-running dispute with McDermott
Ecopetrol's Reficar wins court judgment in long-running dispute with McDermott
Mar 21, 2024
BOGOTA, March 21 (Reuters) - Colombia's Ecopetrol said on Thursday its Reficar oil refinery was awarded 19.9% of the common capital in U.S. infrastructure firm McDermott in preferential shares by a judge in Amsterdam. The Reficar refinery is located in the Colombian city of Cartagena, and has been the subject of a prolonged international dispute dating back to the facility's...
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