financetom
News
World
Environment
Technology
Politics
Retail
Business
Economy
Market summary >
Editors' picks >
News >
Euro skids to four-month trough on the global energy crisis
Euro skids to four-month trough on the global energy crisis
Mar 13, 2026
The euro fell in European trading on Friday against a basket of global currencies, deepening its losses for the fourth consecutive day against the US dollar and hitting its lowest level in four months. The single European currency is on track for a second straight weekly loss due to the global energy price crisis and its negative impact on the...
Euro hovers near four-month low on renewed energy prices concerns
Euro hovers near four-month low on renewed energy prices concerns
Mar 12, 2026
The euro declined in European trading on Thursday against a basket of global currencies, extending losses for the third consecutive day against the US dollar and approaching a four-month low as investors continued to favor the US currency as a preferred safe-haven asset amid escalating military confrontations in the Middle East. Global oil prices surged again above $100 per barrel...
Sterling drops for third straight session as dollar rises on energy crisis, Middle East tensions
Sterling drops for third straight session as dollar rises on energy crisis, Middle East tensions
Mar 12, 2026
The British pound moved toward its third consecutive daily loss against the US dollar on Thursday as concerns mounted about a prolonged rise in energy prices and escalating tensions in the Middle East war, prompting investors to seek the dollar as a safe-haven asset. Bank of England Governor Andrew Bailey is scheduled to deliver remarks later on Thursday, just one...
Yen skids to 20-month nadir on the Iran war
Yen skids to 20-month nadir on the Iran war
Mar 13, 2026
The Japanese yen fell in Asian trading on Friday against a basket of major and minor currencies, deepening its losses for the fourth consecutive day against the US dollar and hitting its lowest level in 20 months. The currency is heading toward a fourth straight weekly loss as investors continue buying the US dollar as a preferred safe-haven asset amid...
World >
Market >
Trump Media joins Russell Indexes after annual refresh
Trump Media joins Russell Indexes after annual refresh
Jul 1, 2024
(Reuters) - Trump Media & Technology Group ( DJT ), which owns social media platform Truth Social, said on Monday it has been added to the Russell Indexes as part of their annual reconstitution. The Russell Indexes include the Russell 1000 index of large-cap stocks and the Russell 2000 index of small-cap names, which together make up the Russell 3000...
U.S. Crude Oil Stocks to Decline by 10.9 Million Barrels in Week-Ending June 28, Macquarie Says
U.S. Crude Oil Stocks to Decline by 10.9 Million Barrels in Week-Ending June 28, Macquarie Says
Jul 2, 2024
05:55 AM EDT, 07/02/2024 (MT Newswires) -- U.S. crude oil inventories are expected to drop by 10.9 million barrels in the week ended June 28, compared to a 3.6-million-barrel increase in the previous week, Macquarie strategists said in a Friday note. This would result in the total U.S. crude balance becoming modestly tighter than anticipated, Macquarie said. Among net imports,...
Trump Media joins Russell Indexes after annual refresh
Trump Media joins Russell Indexes after annual refresh
Jul 1, 2024
July 1 (Reuters) - Trump Media & Technology Group ( DJT ) , which owns social media platform Truth Social, said on Monday it has been added to the Russell Indexes as part of their annual reconstitution. The Russell Indexes include the Russell 1000 index of large-cap stocks and the Russell 2000 index of small-cap names, which together make up...
MSC Industrial Direct, Radius Recycling And 3 Stocks To Watch Heading Into Tuesday
MSC Industrial Direct, Radius Recycling And 3 Stocks To Watch Heading Into Tuesday
Jul 1, 2024
With U.S. stock futures trading lower this morning on Tuesday, some of the stocks that may grab investor focus today are as follows: Wall Street expects MSC Industrial Direct Co., Inc ( MSM ). to report quarterly earnings at $1.50 per share on revenue of $1.01 million before the opening bell, according to data from Benzinga Pro. MSC Industrial Direct...
Environment >
Technology >
Personal Finance >
Politics >
Retail >
Business >
India stops taking Russian oil delivered on Sovcomflot tankers, Bloomberg News reports
India stops taking Russian oil delivered on Sovcomflot tankers, Bloomberg News reports
Mar 22, 2024
March 22 (Reuters) - All of India's refiners are now refusing to take Russian crude carried on PJSC Sovcomflot tankers due to U.S. sanctions, Bloomberg News reported on Friday. Reuters reported earlier this week that India's Reliance Industries, operator of the world's biggest refining complex, would not buy Russian oil loaded on tankers operated by shipper Sovcomflot (SCF) after recent...
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...
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 (...
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...
Economy >
Cryptocurrency >
Senate Passes Bill To Scrap Anti
Senate Passes Bill To Scrap Anti
May 16, 2024
The United States Senate passed a resolution on Tuesday to scrap a de facto ban preventing the nation’s banks from offering crypto custody services. The vote drew cautious optimism from Bitcoin’s most fervent supporters online and in Congress, who are still wary of a likely veto by the presidential office. Will Crypto Banking Be Possible In The US? As voted...
Internet Computer Protocol (ICP) Unveils New Roadmap for Decentralized AI and Chain Interoperability
Internet Computer Protocol (ICP) Unveils New Roadmap for Decentralized AI and Chain Interoperability
May 16, 2024
Decentralized blockchain network Internet Computer Protocol (ICP) has released a new roadmap for driving decentralized artificial intelligence (DeAI) and chain fusion in the web3 space. According to an official statement sent to CryptoPotato, ICP is unveiling the Year 4 Internet Computer Roadmap to celebrate the third anniversary of its mainnet launch. ICP Releases New Roadmap The new roadmap summarizes three...
The Floppening: Ethereum Can’t Stop Losing Ground To Bitcoin
The Floppening: Ethereum Can’t Stop Losing Ground To Bitcoin
May 16, 2024
More than 19 months after Ethereum’s historic Merge upgrade, the data is clear: the network’s native asset, Ether (ETH), is not keeping up with Bitcoin (BTC). The ETH/BTC price ratio tapped another three-year low on Thursday at 0.044, with Ether last experiencing less market dominance against Bitcoin in May of 2021. Why Does ETH Keep Dumping Against BTC? The trend...
Market Sentiment: Gold, Dow Jones 30, USD/JPY – Bears or Bulls in Control?
Market Sentiment: Gold, Dow Jones 30, USD/JPY – Bears or Bulls in Control?
May 16, 2024
Most Read: EUR/USD Fails to Sustain Bullish Momentum, GBP/USD Pauses After Breakout In the dynamic world of trading, it’s easy to fall prey to the herd mentality, where buying into rising markets and selling during downturns seems like the safe bet. However, experienced traders know that there is often untapped potential on the road less traveled. This strategy involves going...
Forex >
Copyright 2023-2026 - www.financetom.com All Rights Reserved