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Aussie falls and shrugs off strong employment data
Aussie falls and shrugs off strong employment data
May 25, 2025
The Australian dollar fell against most major rivals on Thursday despite strong labor data. Australia's unemployment rate was unchanged in April at 4.1%, same as March, and matching expectations. The Australian economy added 89.0 thousand new jobs in April, easily beating estimates of a 20.9 thousand addition, while March's reading was revised to show the addition of 32.2 thousand jobs...
Aussie hits one-week high after strong wages data
Aussie hits one-week high after strong wages data
May 25, 2025
The Australian dollar rose in Asian trade on Wednesday against a basket of major rivals, expanding gains for the second straight session against the US dollar and hitting a week high, while approaching five-week highs following strong Australian wages data. The data renewed inflationary pressures on the Reserve Bank of Australias policymakers, which hurt the odds of a rate cut...
Aussie rallies to five-month high after Labor's election win
Aussie rallies to five-month high after Labor's election win
May 25, 2025
The Australian dollar rallied in Asian trade on Monday to a five-month high against the US dollar, expanding gains for the second straight session and on track towards 65 cents. It comes after a historic win by the governing Labor Party, which bolsters the governments position towards growing global trade risks from Trumps tariffs. The Price The AUD/USD price rose...
Aussie is worst performing currency after RBA rate cut
Aussie is worst performing currency after RBA rate cut
May 25, 2025
The Australian dollar tumbled on Tuesday against a basket of major rivals, resuming losses against the US counterpart after a short hiatus and becoming the worst performing G8 currency after the RBAs rate cut. The Reserve Bank of Australia voted to cut interest rates by 25 basis points to 3.85%, the lowest since May 2023, as inflation cooled. The Price...
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3M's Initial Full-Year Outlook Seen 'Better Than Feared,' UBS Says
3M's Initial Full-Year Outlook Seen 'Better Than Feared,' UBS Says
Dec 18, 2024
11:16 AM EST, 12/18/2024 (MT Newswires) -- 3M's ( MMM ) initial 2025 guidance will likely be better than feared after management's recent comments triggered investor concerns, UBS Securities said Tuesday in a report. UBS estimates buy-side expectations for the industrial conglomerate's 2025 per-share earnings in the $7.50 range, compared with Wall Street's projections for $7.90, driven by $0.30 of...
Palantir Technologies Unusual Options Activity
Palantir Technologies Unusual Options Activity
Dec 18, 2024
Whales with a lot of money to spend have taken a noticeably bullish stance on Palantir Technologies ( PLTR ). Looking at options history for Palantir Technologies ( PLTR ) we detected 52 trades. If we consider the specifics of each trade, it is accurate to state that 40% of the investors opened trades with bullish expectations and 40% with...
BRIEF-Chicago Atlantic, Lineage Merchant Partners Announce Mergers In Cannabis Industry
BRIEF-Chicago Atlantic, Lineage Merchant Partners Announce Mergers In Cannabis Industry
Dec 18, 2024
Dec 18 (Reuters) - Chicago Atlantic: * CHICAGO ATLANTIC AND LINEAGE MERCHANT PARTNERS ANNOUNCE TRANSFORMATIVE MERGER AGREEMENTS IN THE CANNABIS INDUSTRY * CHICAGO ATLANTIC: MERGER AGREEMENTS WITH WHOLESOMECO CANNABIS AND PROPER CANNABIS INCLUDE ACQUISITION OF ARCHES * CHICAGO ATLANTIC: VIREO SIGNED A BINDING MOU TO ACQUIRE THE FLOWERY Source text: Further company coverage: ...
Jabil Beats First-Quarter Views, Lifts Full-Year Outlook; Shares Rise Intraday
Jabil Beats First-Quarter Views, Lifts Full-Year Outlook; Shares Rise Intraday
Dec 18, 2024
11:14 AM EST, 12/18/2024 (MT Newswires) -- Shares of Jabil ( JBL ) advanced intraday Wednesday after the manufacturing solutions provider reported smaller-than-expected declines in fiscal first-quarter results while raising its 2025 outlook. Revenue dipped to $6.99 billion for the three months ended Nov. 30 from $8.39 billion the year earlier but surpassed the $6.61 billion average analyst estimate on...
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Here’s the Aftermath for Bitcoin, Gold, Stocks After Donald Trump’s Victory
Here’s the Aftermath for Bitcoin, Gold, Stocks After Donald Trump’s Victory
Nov 9, 2024
On November 6, the Republican presidential nominee, Donald Trump, won the United States elections, becoming the countrys 47th president. His victory triggered all forms of reaction across several financial assets as market participants rejoiced or expressed disappointment in the election outcome. A tweet by on-chain analytics firm Santiment has revealed that the crypto and equities markets became charged with positive...
WonderFi CEO Kidnapped and Freed After Paying $720K Ransom: Report
WonderFi CEO Kidnapped and Freed After Paying $720K Ransom: Report
Nov 9, 2024
The CEO of WonderFi, a prominent Canadian cryptocurrency holding company, was reportedly hijacked during rush hour in Toronto and later released after paying a ransom of a million Canadian dollars, or about $720,000. Dean Skurka was forced into a vehicle by assailants on Wednesday but was released unharmed after the money was paid. Skurka Reassures Users of Fund Safety According...
Crypto Price Analysis November
Crypto Price Analysis November
Nov 9, 2024
This week, we examine Ethereum, Ripple, Cardano, Solana, and Dogecoin in greater detail. Ethereum (ETH) Ethereum concludes a strong week with an impressive 21% price increase which brings it above $3,000. Such a rally was not seen in months. This is returning optimism and excitement to the ETH ecosystem after a difficult period since March. The most important level on...
Crypto Derivatives Market Sentiment Turns Bullish Following US Election Conclusion: Report
Crypto Derivatives Market Sentiment Turns Bullish Following US Election Conclusion: Report
Nov 9, 2024
Within a few days after the conclusion of the United States presidential elections, investor sentiment in the crypto derivatives market has changed, revealing a major shift towards bullishness and a huge appetite for leveraged long positions. According to a crypto derivatives analytics report by the leading digital asset trading platform Bybit, in partnership with the research and analysis firm Block...
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