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Yen skids to three-month trough as Japanese governing coalition loses majority
Yen skids to three-month trough as Japanese governing coalition loses majority
Oct 28, 2024
The Japanese yen skidded in Asian trade on Monday to three-month lows against the US dollar, after the election loss by the current Japanese parliamentary governing coalition, which could impede future interest rate hikes by the Bank of Japan. The yen is also pressured by a surge in US 10-year treasury yields, amid speculation about a cautious stance by the...
Yen skids to three-month low as the gap in treasury yields widens
Yen skids to three-month low as the gap in treasury yields widens
Oct 26, 2024
The yen fell in European trade on Wednesday against a basket of major rivals, sharpening the losses for the third straight session against the US dollar and hitting three-month lows amid concerns about a wider US-Japan gap in government treasury yields. Recent bearish remarks from Japanese officials hurt the odds of a third BOJ interest rate hike this year, while...
Euro rebounds ahead of major eurozone data
Euro rebounds ahead of major eurozone data
Oct 27, 2024
The euro rose in European trade on Thursday against a basket of major rivals after a wave of losses across three sessions, with the euro eventually settling above 3-⅕ month lows against the US dollar. It comes ahead of major data on the eurozone sectors later today, which would shed important light on the health of the European economy in...
US dollar heads for fresh weekly profit
US dollar heads for fresh weekly profit
Oct 26, 2024
The US dollar rose in European trade on Friday against a basket of major rivals, resuming gains after a short hiatus, and approaching three-month highs once more. The gains come amid a surge in US 10-year treasury yields after bullish remarks from some Fed officials, and strong US data, which hurt the odds of an aggressive pace for US interest...
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US Equity Indexes Fall Ahead of Magnificent-7 Results, Fed Policy Guidance
US Equity Indexes Fall Ahead of Magnificent-7 Results, Fed Policy Guidance
Jan 29, 2025
01:13 PM EST, 01/29/2025 (MT Newswires) -- US equity indexes fell ahead of earnings from three mega-caps in the so-called Magnificent-7 group of companies and Federal Reserve Chair Jerome Powell's views on the path ahead for interest rates. The Nasdaq Composite fell 1% to 19,536.3, with the S&P 500 down 0.6% to 6,030.5 and the Dow Jones Industrial Average 0.3%...
Exchange-Traded Funds, US Equities Lower After Midday
Exchange-Traded Funds, US Equities Lower After Midday
Jan 29, 2025
01:15 PM EST, 01/29/2025 (MT Newswires) -- Broad Market Indicators Broad-market exchange-traded funds IWM and IVV were lower. Actively traded Invesco QQQ Trust (QQQ) was down 0.4%. US equity indexes traded lower ahead of quarterly earnings reports from three mega-caps in the so-called Magnificent-7 group of companies and Federal Reserve Chair Jerome Powell's views on the path ahead for interest...
Top Midday Stories: ASML, T-Mobile Shares Rise as Earnings Beat Estimates; Danaher Shares Tumble on Earnings Miss
Top Midday Stories: ASML, T-Mobile Shares Rise as Earnings Beat Estimates; Danaher Shares Tumble on Earnings Miss
Jan 29, 2025
11:50 AM EST, 01/29/2025 (MT Newswires) -- The Nasdaq Composite and S&P 500 Index were both down in late-morning trading Wednesday, while the Dow Jones Industrial Average was up slightly as investors await the Federal Reserve's first rate decision of 2025 in the afternoon. In company news, ASML Holding ( ASML ) reported Q4 earnings Wednesday of 6.84 euros ($7.12)...
US STOCKS-Tech majors drag on S&P 500, Nasdaq as Fed's rate verdict looms
US STOCKS-Tech majors drag on S&P 500, Nasdaq as Fed's rate verdict looms
Jan 29, 2025
(For a Reuters live blog on U.S., UK and European stock markets, click/ or type LIVE/ in a news window.) * F5 rises after Q2 revenue forecast tops estimates * T-Mobile jumps after upbeat 2025 subscriber growth forecast * Danaher ( DHR ) falls after Q4 profit miss * Indexes: Dow up 0.04%, S&P 500 down 0.36%, Nasdaq down 0.69%...
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AIOZ Network Partners With Alibaba Cloud to Boost AI, Storage and Streaming Services
AIOZ Network Partners With Alibaba Cloud to Boost AI, Storage and Streaming Services
Mar 22, 2024
The two companies will establish a DePIN alliance in south-east Asia.AIOZ's native token is currently trading flat after the announcement, it is up by more than 200% in 30 days.AIOZ Network will use Alibaba Cloud to improve Web 3, AI, storage and streaming services.Decentralized infrastructure network (DePIN) AIOZ Network has become the leading blockchain partner in Alibaba Cloud’s Innovation Accelerator...
The Analyst Landscape: 7 Takes On Clear Secure
The Analyst Landscape: 7 Takes On Clear Secure
Mar 22, 2024
Analysts' ratings for Clear Secure ( YOU ) over the last quarter vary from bullish to bearish, as provided by 7 analysts. The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective. Bullish Somewhat Bullish Indifferent...
Deep Dive Into Confluent Stock: Analyst Perspectives (17 Ratings)
Deep Dive Into Confluent Stock: Analyst Perspectives (17 Ratings)
Mar 22, 2024
In the preceding three months, 17 analysts have released ratings for Confluent , presenting a wide array of perspectives from bullish to bearish. The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 7 5 5...
Japan braces for life with interest rates after historic change
Japan braces for life with interest rates after historic change
Mar 21, 2024
TOKYO (Reuters) - In the coming years, Satoaki Kanoh needs to replace almost a dozen ageing machines at his Tokyo-based maker of acrylic panels, a major undertaking that he worries will become even more expensive. Ideally, I'd like to do one a year. But I don't have that much money, Kanoh said of the customised pieces of machinery that cost...
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Rajasthan: Gehlot government begins Rs 2,500 cr dam project for Sabarmati, Sei rivers ahead of polls
Rajasthan: Gehlot government begins Rs 2,500 cr dam project for Sabarmati, Sei rivers ahead of polls
Mar 1, 2023
On Tuesday, the Gehlot government invited bids for both projects to build the dams within the next four years. The chief minister had announced both projects in last year’s budget.
ED attaches over Rs 10-crore assets in resort scam involving ex-Maha minister Anil Parab
ED attaches over Rs 10-crore assets in resort scam involving ex-Maha minister Anil Parab
Jan 4, 2023
The probe pertains to Dapoli resort, which is allegedly illegal. The former minister and Shiv Sena (Uddhav) leader, Anil Parab, allegedly wangled a permit to use land meant for agricultural use. The ED had started the investigation under the the Prevention of Money Laundering Act (PMLA) after a complaint from the Environment Ministry.
Govt blames inaction by AAP in Punjab, Delhi for bad air quality
Govt blames inaction by AAP in Punjab, Delhi for bad air quality
Nov 6, 2023
Accusing Kejriwal of being busy with election campaigning in poll-bound states and waking up to the situation late, Minister of State for Consumer Affairs, Food, and Public Distribution, Ashwini Kumar Choubey, said that the Centre had held a meeting with Chief Secretaries and senior officials from four North Indian states on 20th October to discuss measures to reduce air pollution, which he claims weren't adopted by the AAP-led governments.
What is the debate over Biodiversity Bill, likely to be tabled in monsoon session of Parliament
What is the debate over Biodiversity Bill, likely to be tabled in monsoon session of Parliament
Jul 12, 2023
The new bill exempts registered AYUSH practitioners and people accessing codified traditional knowledge, from sharing benefits with local communities or giving prior intimation to state biodiversity boards before accessing biological resources.
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Hackers Use Nasdaq’s X Account in $80M Fake Meme Coin Scam
Hackers Use Nasdaq’s X Account in $80M Fake Meme Coin Scam
Jan 23, 2025
The official X account of the global electronic marketplace Nasdaq was apparently hacked and used to promote a fake meme coin named STONKS. Blockchain data shows that the bogus token’s market cap skyrocketed to $80 million before eventually collapsing. How the Scam Unfolded According to various reports, the attackers took control of the Nasdaq account and linked it to a...
BTC Faces Massive Volatility Above $100K as Liquidations Surge to $300M
BTC Faces Massive Volatility Above $100K as Liquidations Surge to $300M
Jan 23, 2025
Bitcoins price actions were somewhat dull for most of the day, but the asset went on a wild rollercoaster in the past hour or so, pumping and dumping by several grand. This has caused a lot of pain for over-leveraged traders, with more than 120,000 such market participants getting wrecked in the past 24 hours. As reported earlier today, the...
Pi Network (PI) News Recap: Here Аre the Latest Developments
Pi Network (PI) News Recap: Here Аre the Latest Developments
Jan 23, 2025
TL;DR Pi Network developers have set the Open Network launch condition at 15 million KYC-verified users, with over 9 million already migrated, but some users continue to face verification challenges. The projects popularity remains strong, especially in Asia, with millions of users and a large social media following that surpasses established crypto entities like Ripple. Whats New? Pi Network is...
Whales Dominate TRUMP and MELANIA Meme Coin Ecosystems: Chainalysis
Whales Dominate TRUMP and MELANIA Meme Coin Ecosystems: Chainalysis
Jan 23, 2025
US President Donald Trumps surprising launch of the Official Trump (TRUMP) meme coin fueled a frenzy as fans and day traders pushed billions of dollars in trading volume. A day later, First Lady Melania Trump joined the trend with her own meme coin, Official Melania (MELANIA), which added to the cryptocurrency craze. But the result was damaging. Both the meme...
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