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Euro gains ground on hopes for US-Iran deal
Euro gains ground on hopes for US-Iran deal
May 6, 2026
The euro rose in the European market on Wednesday against a basket of global currencies, extending its gains for the second consecutive day against the US dollar, due to slower purchases of the US currency as a safe haven and improving risk sentiment, amid growing hopes of reaching a peace agreement between the United States and Iran. Amid elevated pricing...
Dollar steadies amid Middle East truce fragility, yen intervention outlook
Dollar steadies amid Middle East truce fragility, yen intervention outlook
May 5, 2026
The US dollar stabilized during Tuesdays trading, as markets await developments in the war related to Iran, while the Japanese yen maintained its stability in quiet trading, following sharp gains last week amid suspicions of intervention from Tokyo to support it. The ceasefire in the Middle East has come under renewed doubt after the United States and Iran launched new...
Aussie extends gains to four-year peak on positive outlook
Aussie extends gains to four-year peak on positive outlook
May 5, 2026
The Australian dollar rose in the Asian market on Wednesday against a basket of global currencies, extending its gains for the second consecutive day against its US counterpart and recording its highest level in four years, amid positive sentiment dominating global markets and slowing purchases of the US currency as a safe haven, especially after Donald Trump announced significant progress...
Dollar falls against yen on intervention outlook, US-Iran deal optimism
Dollar falls against yen on intervention outlook, US-Iran deal optimism
May 6, 2026
The US dollar declined against most major currencies on Wednesday after signals from the United States indicated that an agreement with Iran is approaching, while the Japanese yen jumped to its highest level in more than two months amid expectations of new official intervention from Tokyo to support the currency. The yen rose by as much as 1.8% in a...
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Sector Update: Consumer Stocks Lean Lower Late Afternoon
Sector Update: Consumer Stocks Lean Lower Late Afternoon
Mar 24, 2026
03:55 PM EDT, 03/24/2026 (MT Newswires) -- Consumer stocks were edging down late Tuesday afternoon, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) shedding 0.1% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) down 0.3%. Redbook US same-store sales last week rose 6.7% from a year earlier after a 6.4% increase in the previous...
Sector Update: Tech Stocks Mixed Late Afternoon
Sector Update: Tech Stocks Mixed Late Afternoon
Mar 24, 2026
03:49 PM EDT, 03/24/2026 (MT Newswires) -- Tech stocks were mixed late Tuesday afternoon, with the State Street Technology Select Sector SPDR ETF (XLK) down 0.5% and the State Street SPDR S&P Semiconductor ETF (XSD) rising 2%. The Philadelphia Semiconductor index added 1.3%. In corporate news, Microsoft ( MSFT )-backed (MSFT) OpenAI is close to raising $10 billion from venture...
Sector Update: Health Care Stocks Advance Late Afternoon
Sector Update: Health Care Stocks Advance Late Afternoon
Mar 24, 2026
03:50 PM EDT, 03/24/2026 (MT Newswires) -- Health care stocks rose late Tuesday afternoon, with the NYSE Health Care Index adding 0.4% and the State Street Health Care Select Sector SPDR ETF (XLV) up 0.2%. The iShares Biotechnology ETF (IBB) shed 0.4%. In corporate news, CVS Health ( CVS ) has reached a proposed settlement with the Federal Trade Commission...
Sector Update: Financial Stocks Rise Late Afternoon
Sector Update: Financial Stocks Rise Late Afternoon
Mar 24, 2026
03:56 PM EDT, 03/24/2026 (MT Newswires) -- Financial stocks rose in late Tuesday afternoon trading, with the NYSE Financial Index up 0.5% and the State Street Financial Select Sector SPDR ETF (XLF) adding 0.3%. The Philadelphia Housing Index was rising 0.2%, and the State Street Real Estate Select Sector SPDR ETF (XLRE) was decreasing 0.5%. Bitcoin (BTC-USD) was declining 2.1%...
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Cathie Wood's ARK Invest scoops up nearly 10,000 Reddit shares in debut
Cathie Wood's ARK Invest scoops up nearly 10,000 Reddit shares in debut
Mar 22, 2024
(Reuters) - Popular investor Cathie Wood's ARK Invest bought nearly 10,000 shares of Reddit ( RDDT ) in the social media platform's strong market debut on Thursday, an email from the asset manager showed. A total of 9,982 shares of the loss-making company was added to ARK Next Generation Internet ETF ( ARKW ) and ARK Fintech Innovation ETF (...
Japan's union group Rengo announces biggest wage hikes on record
Japan's union group Rengo announces biggest wage hikes on record
Mar 22, 2024
TOKYO (Reuters) -Japanese firms have agreed to raise pay by 5.25% this year, the biggest rise under comparable data since 2013, the country's largest union group Rengo confirmed on Friday. The results of the closely-watched wage negotiations are announced in several stages, in which the blue-chip firms are first to wrap up their talks in mid-March. The second announcement on...
Hutchmed Begins Registration Stage for Phase 2/3 Trial of Investigational Autoimmune Disorder Drug
Hutchmed Begins Registration Stage for Phase 2/3 Trial of Investigational Autoimmune Disorder Drug
Mar 22, 2024
05:04 AM EDT, 03/22/2024 (MT Newswires) -- Hutchmed ( HCM ) said late Thursday it has started the registration stage for a phase 2/3 clinical trial of investigational drug sovleplenib for adult patients with warm antibody autoimmune hemolytic anemia in China. The move follows positive data from the proof-of-concept phase 2 stage of the trial and a consultation with the...
Once a beacon of stability, Vietnam to name third president in a year
Once a beacon of stability, Vietnam to name third president in a year
Mar 22, 2024
HANOI, March 22 (Reuters) - Communist-ruled Vietnam is seeking its third president in little more than a year after the resignation of Vo Van Thuong, who was only elected last year after the sudden dismissal of his predecessor. With accumulated foreign direct investment higher than its gross domestic product, Vietnam's stability is crucial to multinationals with large operations in the...
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Capital B Acquires 126 BTC, Total Holdings Top 2,200
Capital B Acquires 126 BTC, Total Holdings Top 2,200
Aug 11, 2025
The data AI technology consulting company, now turned to treasury, has released a financial statement showcasing its most recent Bitcoin procurement. Meanwhile, the crypto asset posted some gains over the weekend and, at the time of writing, is still riding the bullish wave. The Acquisition Listed on the Euronext Growth Paris ($ALCPB), Capital B (formerly the Blockchain Group), announced its most...
Top Pi Network (PI) Predictions: Price Soars by 13% Weekly, What’s Next?
Top Pi Network (PI) Predictions: Price Soars by 13% Weekly, What’s Next?
Aug 11, 2025
TL;DR PI jumped by double digits in the past week, but some analysts remain bearish. Growing exchange reserves and upcoming unlocks of millions of tokens could add selling pressure. TransFi joined as a KYB-verified fiat on-ramp partner via Onramper, enabling direct PI purchases with local currency, while the .pi domain auction was extended to September, letting users create simpler wallet...
Bitcoin Price Analysis: Is BTC About to Explode to $130K This Week?
Bitcoin Price Analysis: Is BTC About to Explode to $130K This Week?
Aug 11, 2025
Bitcoin has maintained a strong bullish market structure, recently finding solid support and rallying impulsively. However, the price is now testing its all-time high near $123K, a zone that could temporarily slow the advance. Bitcoin Price Analysis: Technicals By Shayan The Daily Chart Bitcoin continues to trade within a well-defined ascending price channel, printing consistent higher highs and higher lows....
Ethereum Dev Says Turkish Authorities Accused Him of Helping Others Misuse Ethereum
Ethereum Dev Says Turkish Authorities Accused Him of Helping Others Misuse Ethereum
Aug 11, 2025
An Ethereum developer pseudonymously known as Fedes Intern claims to have been detained in Izmir, Turkey. Authorities accuse him of helping others misuse the ETH blockchain network, a charge he strongly denies. Very Troubling The Argentinian developer, who focuses on ZK and Ethereum projects, said Turkeys Minister of Interior accused him of facilitating Ethereum misuse and that he was confined...
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