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Why's the UK trying to bolster its nuclear energy infrastructure?
Why's the UK trying to bolster its nuclear energy infrastructure?
May 31, 2024
The UK government has ambitious goals for the quick expansion of the nuclear energy sector in the country, with plans to build two nuclear power stations in the next decade, both were already approved, with the aim of shifting the UK away from the reliance on fossil fuels. The UK government recently announced plans for the biggest expansion in nuclear...
Dollar declines after weak data
Dollar declines after weak data
Jun 3, 2024
The US dollar lost ground against most major rivals on Monday following weak data which triggered new speculation about the future of monetary policies. The US personal spending data released boosted the odds of Fed interest rate cuts this year. And earlier today, the ISM manufacturing PMI fell to 48.7 in May from 49.2 in April, digging deeper into negative...
Yen opens the week on a positive note
Yen opens the week on a positive note
Jun 2, 2024
Yen rose in Asian trade on Monday against a basket of major rivals, resuming gains against the dollar after the Japanese government revealed it intervened into the forex market last month to prop up the local currency. The gains are also underpinned by slower US 10-year treasury yields following somewhat stable personal spending data, which likely paves the way for...
US Dollar Price Action Setups: EUR/USD, AUD/USD, USD/CHF Levels to Watch
US Dollar Price Action Setups: EUR/USD, AUD/USD, USD/CHF Levels to Watch
Jun 4, 2024
US Dollar Setups: (EUR/USD, AUD/USD, USD/CHF) A path for a lower dollar comes into view as data deterioratesEUR/USD in focus ahead of ECB cutDollar bulls look for a lower AUD/USD as risk appetite wanes, iron ore prices easeSwiss franc advances at pace but overheating warnings flash red A Path for a Lower USD Comes into View as Data Deteriorates There’s...
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Sector Update: Financial
Sector Update: Financial
Jun 20, 2025
08:59 AM EDT, 06/20/2025 (MT Newswires) -- Financial stocks were advancing premarket Friday as the Financial Select Sector SPDR Fund (XLF) was 0.4% higher recently. The Direxion Daily Financial Bull 3X Shares (FAS) was up 1.2% and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was 1% lower. Apollo Global Management ( APO ) is finalizing a deal...
Trump Weighs US Role in Middle East Conflict as US Equity Futures Post Narrow Gains Pre-Bell
Trump Weighs US Role in Middle East Conflict as US Equity Futures Post Narrow Gains Pre-Bell
Jun 20, 2025
09:04 AM EDT, 06/20/2025 (MT Newswires) -- US equity futures were cautiously higher ahead of Friday's opening bell as traders monitored a potential direct US involvement in the Israel-Iran conflict. Dow Jones Industrial Average futures were up 0.3%, S&P 500 futures were 0.2% higher, and Nasdaq futures were up 0.3%. President Donald Trump will decide on a potential military action...
Oil Prices Fall as Worries Ease That Middle Eastern War Will Expand
Oil Prices Fall as Worries Ease That Middle Eastern War Will Expand
Jun 20, 2025
08:53 AM EDT, 06/20/2025 (MT Newswires) -- Oil prices fell early on Friday with traders lowering the commodity's risk premium as Iran and Israel continue to trade attacks and concerns ease that the United States will enter the fighting. In its last day as the active contract, West Texas Intermediate crude oil for July delivery was last seen down US$0.27...
Sector Update: Tech
Sector Update: Tech
Jun 20, 2025
08:53 AM EDT, 06/20/2025 (MT Newswires) -- Technology stocks were mixed premarket Friday with the Technology Select Sector SPDR Fund (XLK) up 0.2% and the SPDR S&P Semiconductor ETF (XSD) 0.4% lower recently. Accenture ( ACN ) reported higher fiscal Q3 earnings and revenue and raised its fiscal 2025 EPS guidance. Shares of Accenture ( ACN ) were down more...
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US Dollar Tanks Ahead of Fed Verdict, NFP Data
US Dollar Tanks Ahead of Fed Verdict, NFP Data
Apr 29, 2024
Most Read: Aussie Dollar Technical Analysis - AUD/USD, AUD/NZD, AUD/JPY Price Setups The U.S. dollar (DXY) sank at the start of the week, giving back a portion of Friday's gains, with the pullback likely attributed to a moderate drop in U.S. Treasury yields ahead of two hot-impact market events later in the week: the Federal Reserve's monetary policy announcement and...
Key Dogecoin (DOGE) Indicator Soars by Almost 15% in 90 Days: Details
Key Dogecoin (DOGE) Indicator Soars by Almost 15% in 90 Days: Details
Apr 29, 2024
TL;DR Dogecoin has experienced a 13.8% increase in non-empty wallets over three months, correlating with a temporary spike in its value. Analysts predict a potential significant rise in DOGEs price, with targets ranging up to $1, based on current trends and historical performance. DOGE Investors on the Rise Despite underperforming recently, some metrics related to Dogecoin have witnessed a solid...
EigenLayer Token Airdrop Plan Will Allocate 15% Of Supply To Stakers
EigenLayer Token Airdrop Plan Will Allocate 15% Of Supply To Stakers
Apr 29, 2024
The Ethereum restaking protocol EigenLayer has published a whitepaper with new details about its soon-to-launch Eigen token, which will be airdropped to community members next month. According to the Eigen Foundations website, season 1 of the airdrop will distribute 5% of the token supply. Eligible airdrop recipients include those who staked directly with EigenLayer, and those who staked using Liquid...
How Lazarus Group Cashed Out $200 Million Of Stolen Crypto In Three Years: ZachXBT
How Lazarus Group Cashed Out $200 Million Of Stolen Crypto In Three Years: ZachXBT
Apr 29, 2024
On-chain sleuth ZachXBT has published a report on the history of Lazarus Group – the infamous North Korean hacking group responsible for some of the largest crypto thefts in the industry’s history. The article tracks 25 hacks affecting individuals and companies in crypto through which Lazarus laundered $200 million from digital assets to fiat between 2020 and 2023. Lazarus Group’s...
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