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Yen moves in a negative zone as the week opens up
Yen moves in a negative zone as the week opens up
Jul 6, 2025
The Japanese yen declined in the Asian market on Monday at the start of the weeks trading, slipping once again into negative territory against the U.S. dollar and nearing its lowest level in several weeks, as safe-haven demand for the currency slowed. Meanwhile, the U.S. dollar strengthened as the end of the 90-day tariff deadline announced by President Donald Trump...
US dollar hovers near multi-year lows ahead of Trump's tariff deadline
US dollar hovers near multi-year lows ahead of Trump's tariff deadline
Jul 7, 2025
The US dollar fell on Monday, remaining near multi-year lows against major currencies as traders awaited any trade-related developments ahead of the Wednesday deadline set by President Donald Trump to begin enforcing new tariffs. Most of the United States' trade partners are expected to face significant tariff increases once the 90-day Liberation Day deadline expires. Trump stated on Sunday that...
RBA holds interest rates unexpectedly
RBA holds interest rates unexpectedly
Jul 8, 2025
At the conclusion of its July 8 meeting, the Reserve Bank of Australias Monetary Policy Committee decided on Tuesday morning to keep interest rates unchanged at 3.85%, the lowest level since May 2023, defying market expectations of a 25-basis-point rate cut. The Reserve Bank of Australia stated that it is waiting for additional information to confirm that inflation remains on...
Aussie shines after surprise RBA rate decision
Aussie shines after surprise RBA rate decision
Jul 8, 2025
The Australian dollar rose broadly on Tuesday against a basket of global currencies, rebounding sharply from a two-week low against its U.S. counterpart, following an unexpected decision by the Reserve Bank of Australia to keep interest rates unchanged at 3.85%. The decision came as a surprise to the markets, which had confidently priced in at least a 25-basis-point rate cut....
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Sector Update: Health Care
Sector Update: Health Care
Jun 10, 2025
01:44 PM EDT, 06/10/2025 (MT Newswires) -- Health care stocks rose Tuesday afternoon, with the NYSE Health Care Index rising 1.6% and the Health Care Select Sector SPDR Fund (XLV) adding 1.3%. The iShares Biotechnology ETF (IBB) climbed 1.4%. In corporate news, Novo Nordisk ( NVO ) shares jumped past 6%. The company has launched a new late-stage clinical trial...
Robinhood Markets (HOOD) Stock Is Trading Lower Tuesday: What's Going On?
Robinhood Markets (HOOD) Stock Is Trading Lower Tuesday: What's Going On?
Jun 10, 2025
Robinhood Markets Inc ( HOOD ) shares continued their slide in Tuesday trading, falling around 2.30% to $71.79. The downward trend extends the losses from Monday’s session. What To Know: The negative momentum was triggered by the announcement from S&P Dow Jones Indices late Friday that Robinhood would not be added to the prestigious S&P 500 index. This disappointed investors...
US Equity Indexes Advance as Talks to Resolve Trade War With China Enter Second Day
US Equity Indexes Advance as Talks to Resolve Trade War With China Enter Second Day
Jun 10, 2025
01:41 PM EDT, 06/10/2025 (MT Newswires) -- US stocks rose, with energy and healthcare topping gainers after midday on Tuesday, as investors leaned toward a positive outcome from the ongoing trade negotiations with China. The Nasdaq Composite rose 0.4% to 19,661.3, the S&P 500 climbed 0.4% to 6,029.5, and the Dow Jones Industrial Average was up 0.2% to 42,861.8. The...
Sector Update: Financial
Sector Update: Financial
Jun 10, 2025
01:25 PM EDT, 06/10/2025 (MT Newswires) -- Financial stocks were mixed in Tuesday afternoon trading, with the NYSE Financial Index easing 0.1% and the Financial Select Sector SPDR Fund (XLF) adding 0.1%. The Philadelphia Housing Index was climbing 2.1%, and the Real Estate Select Sector SPDR Fund (XLRE) was up 0.6%. Bitcoin (BTC-USD) was up 0.7% to $109,047, and the...
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Nvidia CEO says company has plans for desktop chip designed with MediaTek
Nvidia CEO says company has plans for desktop chip designed with MediaTek
Jan 7, 2025
(Reuters) -Nvidia ( NVDA ) Chief Executive Jensen Huang said on Tuesday that MediaTek ( MDTTF ) will be able to sell the desktop central processor chip the two companies unveiled earlier this week and that Nvidia ( NVDA ) has undisclosed future plans for the chip. On Monday at CES 2025, Nvidia ( NVDA ) unveiled a desktop computer...
Nvidia CEO says MediaTek will be able to sell Nvidia's desktop CPUs
Nvidia CEO says MediaTek will be able to sell Nvidia's desktop CPUs
Jan 7, 2025
Jan 7 (Reuters) - Nvidia ( NVDA ) Chief Executive Jensen Huang on Tuesday said that MediaTek ( MDTTF ) will be able to sell the desktop central processor chip that the two companies unveiled earlier this week. On Monday at CES 2025, Nvidia ( NVDA ) unveiled a desktop computer called Project DIGITS. The machine uses Nvidia's ( NVDA...
Nvidia CEO says company has plans for desktop chip designed with MediaTek
Nvidia CEO says company has plans for desktop chip designed with MediaTek
Jan 7, 2025
Jan 7 (Reuters) - Nvidia ( NVDA ) Chief Executive Jensen Huang said on Tuesday that MediaTek ( MDTTF ) will be able to sell the desktop central processor chip the two companies unveiled earlier this week and that Nvidia ( NVDA ) has undisclosed future plans for the chip. On Monday at CES 2025, Nvidia ( NVDA ) unveiled...
Tech group urges US to halt rule that would limit global access to AI chips
Tech group urges US to halt rule that would limit global access to AI chips
Jan 7, 2025
Jan 7 (Reuters) - A technology industry group on Tuesday urged President Joe Biden's administration to refrain from issuing a last-minute rule that would control global access to AI chips, warning the restrictions would jeopardize U.S. leadership in artificial intelligence. The Information Technology Industry Council, representing companies like Amazon ( AMZN ), Microsoft ( MSFT ) and Meta , said...
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Tesla's UK New Car Registrations Rise Over 7% in August, Data Show
Tesla's UK New Car Registrations Rise Over 7% in August, Data Show
Sep 4, 2025
10:07 AM EDT, 09/04/2025 (MT Newswires) -- Tesla's (TSLA) new car registrations in the UK increased about 7.6% year over year in August, according to data from the Society of Motor Manufacturers and Traders. Overall battery electric vehicle registrations rose about 15% in the month, the data showed. According to separate data from the research group New AutoMotive, overall BEV...
Gap Says Will Expand Into Beauty, Accessories Market; Shares Rise
Gap Says Will Expand Into Beauty, Accessories Market; Shares Rise
Sep 4, 2025
09:46 AM EDT, 09/04/2025 (MT Newswires) -- Gap (GAP) said Thursday that it is expanding its business to incorporate beauty products and accessories. As part of Gap's phased expansion, the company said it will launch a test at 150 of its Old Navy stores this fall, which will feature an assortment of beauty and personal care products. The company said...
Denali Shareholders Approve Merger With Scilex's Semnur Pharmaceuticals
Denali Shareholders Approve Merger With Scilex's Semnur Pharmaceuticals
Sep 4, 2025
09:50 AM EDT, 09/04/2025 (MT Newswires) -- Scilex ( SCLX ) said Thursday that Denali Capital Acquisition shareholders have approved a merger with its majority-owned subsidiary Semnur Pharmaceuticals. Upon completion of the merger, expected in September, the combined company will operate as Semnur Pharmaceuticals, Scilex ( SCLX ) said. Scilex ( SCLX ) shares were up 2.3% in recent early...
Santacruz Silver Down 8% As Completes Full US$40 Million Base Purchase Price Payment,
Santacruz Silver Down 8% As Completes Full US$40 Million Base Purchase Price Payment, "Marking Milestone In Bolivian Growth Strategy"
Sep 4, 2025
10:14 AM EDT, 09/04/2025 (MT Newswires) -- Santacruz Silver Mining ( SCZMF ) , which rose near 7.5% and hit 52 week highs yesterday, was down 8% early Thursday as it completed the fourth and fifth payments, including the final installment, totaling US$15 million, to Glencore. In a statement it said this milestone marks the full satisfaction of the US$40...
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EUR/USD IG Client Sentiment: Our data shows traders are now net
EUR/USD IG Client Sentiment: Our data shows traders are now net
Jun 7, 2024
Number of traders net-short has decreased by 24.40% from last week. SYMBOLTRADING BIASNET-LONG%NET-SHORT%CHANGE IN LONGSCHANGE IN SHORTSCHANGE IN OI EUR/USD BEARISH 51.32% 48.68% 13.19% Daily30.59% Weekly -21.65% Daily-24.40% Weekly -6.95% Daily-3.56% Weekly EUR/USD Bearish Data provided by of clients are net long. of clients are net short. Change in Longs Shorts OI Daily 10% -18% -6% Weekly 26% -23% -5%...
dWallet Network Brings Multi
dWallet Network Brings Multi
Jun 7, 2024
dWallet Network has announced expanding its technology to the Layer 1 blockchain network, Aptos. This move aims to introduce Zero Trust Protocols (ZTPs) with inherent multi-chain interoperability capabilities to the decentralized finance (DeFi) and gaming ecosystems on Aptos. By incorporating dWallets Zero Trust architecture, ZTPs developed on Aptos will be able to seamlessly sign transactions on Bitcoin, Ethereum, or any...
Celebrity Meme Coins, Binance Coin Bull Run and Bitcoin’s Rally: This Week’s Crypto Recap
Celebrity Meme Coins, Binance Coin Bull Run and Bitcoin’s Rally: This Week’s Crypto Recap
Jun 7, 2024
The past seven days have been very interesting within the cryptocurrency market. The industrys total capitalization increased by around $150 billion on the back of gains made by Bitcoin and many other altcoins. Price action aside, there were interesting developments that are pushing the market forward, so lets dive deeper. First, Bitcoins price has risen more than 5% in the...
Bitcoin Investors Brace for Impact of ECB, Fed Policy Moves
Bitcoin Investors Brace for Impact of ECB, Fed Policy Moves
Jun 7, 2024
Fridays NFP release will be a pivotal event in shaping market sentiment and determining the near-term trajectory of Bitcoin and other cryptocurrencies, according to Bitfinex analysts. In a statement to CryptoPotato, the macroeconomic dynamics, including the ECBs rate cut and the potential for increased liquidity, add further complexity to the equation, making it crucial for market participants to closely monitor...
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