financetom
News
World
Environment
Technology
Politics
Retail
Business
Economy
Market summary >
Editors' picks >
News >
Aussie moves in a positive zone after strong inflation data
Aussie moves in a positive zone after strong inflation data
Aug 27, 2025
The Australian dollar rose in the Asian market on Wednesday against a basket of global currencies, extending gains for a second consecutive session against its US counterpart and nearing its highest level in several weeks, after strong inflation data for July in Australia. The data showed renewed inflationary pressures on policymakers at the Reserve Bank of Australia, reducing the likelihood...
Euro resumes gains amid concerns about US assets
Euro resumes gains amid concerns about US assets
Aug 26, 2025
The euro rose in the European market on Tuesday against a basket of global currencies, resuming gains after pausing yesterday amid correction and profit-taking from a three-week high against the US dollar. The rise came on renewed concerns over US assets, particularly after Donald Trump announced the dismissal of a Federal Reserve board member. Reports indicated that the European Central...
US dollar steadies after shock of Trump's dismissal of Fed member
US dollar steadies after shock of Trump's dismissal of Fed member
Aug 26, 2025
The US dollar steadied on Tuesday after a volatile start to the session, following an unprecedented move by President Donald Trump to dismiss Federal Reserve board member Lisa Cook, reigniting concerns over the central banks independence. The euro and British pound were little changed against the dollar at 1.1617 dollars and 1.3461 dollars respectively, in line with muted moves in...
Euro retreats to two-week trough against dollar
Euro retreats to two-week trough against dollar
Aug 27, 2025
The euro fell in the European market on Wednesday against a basket of global currencies, trading near a two-week low against the US dollar, as renewed buying of the US currency as the best available investment took hold, amid easing concerns over Federal Reserve stability. With current odds low for the European Central Bank to cut interest rates in Septemberfor...
World >
Market >
Trump says with lower oil prices, Putin is more eager to settle the Ukraine war
Trump says with lower oil prices, Putin is more eager to settle the Ukraine war
May 26, 2025
* Trump claims Russia, Ukraine want peace amid oil price drop * Putin proposes ceasefire for WWII victory anniversary * Trump doubts Russia's involvement in Nord Stream attack MOSCOW, May 6 (Reuters) - U.S. President Donald Trump said Moscow and Kyiv want to settle the war in Ukraine and that Russian President Vladimir Putin was more inclined towards peace after...
S&P 500 Snaps Nine-Session Winning Streak; Investor Sentiment Improves, Fear & Greed Index Moves To 'Greed' Zone
S&P 500 Snaps Nine-Session Winning Streak; Investor Sentiment Improves, Fear & Greed Index Moves To 'Greed' Zone
May 26, 2025
The CNN Money Fear and Greed index showed further improvement in the overall market sentiment, while the index moved to the “Greed” zone on Monday. U.S. stocks settled lower on Monday, with the S&P 500 snapping a nine-session winning streak. All three major averages recorded gains for the second week, with the S&P 500 adding 2.9% and the Dow gaining...
Marriott International, Advanced Micro Devices And 3 Stocks To Watch Heading Into Tuesday
Marriott International, Advanced Micro Devices And 3 Stocks To Watch Heading Into Tuesday
May 26, 2025
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 Marriott International Inc. ( MAR ) to report quarterly earnings at $2.25 per share on revenue of $6.17 billion before the opening bell, according to data from Benzinga Pro. Marriott ( MAR ) shares...
German bond yields at three week highs as investors await debt sales
German bond yields at three week highs as investors await debt sales
May 26, 2025
LONDON, May 6 (Reuters) - Benchmark German government bond yields rose to their highest in three weeks on Tuesday as investors braced for debt sales from the United States and Germany. German 10-year bond yields dropped nearly 30 basis points in April as investors took refuge in the market as a safe haven amid a searing selloff in U.S. Treasuries...
Environment >
Technology >
Copper price moves within tight range – Forecast today – 29-10-2024
Copper price moves within tight range – Forecast today – 29-10-2024
Nov 3, 2024
Copper price didnt move recently, as it remains confined between 4.3900$ barrier and 4.2600$ additional support, to continue forming weak sideways trades by settling at 4.3100$. Also, the contradiction between the major indicators allows us to monitor the price until surpassing one of the mentioned barriers, as declining below the support will confirm moving to the negative track again, to...
Natural gas price gains some profits – Forecast today – 29-10-2024
Natural gas price gains some profits – Forecast today – 29-10-2024
Nov 3, 2024
Natural gas price formed strong correctional decline yesterday, affected by stochastic consolidation below 50 level, to notice approaching the additional support at 2.780$. We expect to witness instability due to the contradiction between the major indicators until gathering the positive momentum again to ease the mission of renewing the bullish attempts and start targeting the positive stations at 3.000$ and...
The EURJPY still bullish – Forecast today – 29-10-2024
The EURJPY still bullish – Forecast today – 29-10-2024
Nov 3, 2024
The EURJPY pair formed temporary negative fluctuation after touching 166.05 level, affected by stochastic exit from the overbought areas, noting that the continuous stability above the additional support at 164.30 confirms the continuation of the positivity, to keep waiting to gather the positive momentum and manage to target the positive stations at 166.50 and 167.05. The expected trading range for...
Apple supplier TDK partners with McLaren Racing in EV push
Apple supplier TDK partners with McLaren Racing in EV push
Nov 3, 2024
TOKYO, Oct 29 (Reuters) - Apple ( AAPL ) supplier TDK has partnered with McLaren Racing in Formula E electric motor racing as the Japanese components manufacturer targets expansion in the electric vehicle sector. TDK, once well known to consumers for its cassette tapes, is the world's largest supplier of smartphone batteries. It is growing its passive components and sensors...
Personal Finance >
Politics >
What is the debate over Biodiversity Bill, likely to be tabled in monsoon session of Parliament
What is the debate over Biodiversity Bill, likely to be tabled in monsoon session of Parliament
Jul 12, 2023
The new bill exempts registered AYUSH practitioners and people accessing codified traditional knowledge, from sharing benefits with local communities or giving prior intimation to state biodiversity boards before accessing biological resources.
Lok Sabha passes Forest (Conservation) Amendment Bill — All you need to know
Lok Sabha passes Forest (Conservation) Amendment Bill — All you need to know
Jul 11, 2023
Activists have contended that words like "ecotourism facilities" and "any other purposes" are too vague and may pave the way for widespread exploitation and misuse.
Govt blames inaction by AAP in Punjab, Delhi for bad air quality
Govt blames inaction by AAP in Punjab, Delhi for bad air quality
Nov 6, 2023
Accusing Kejriwal of being busy with election campaigning in poll-bound states and waking up to the situation late, Minister of State for Consumer Affairs, Food, and Public Distribution, Ashwini Kumar Choubey, said that the Centre had held a meeting with Chief Secretaries and senior officials from four North Indian states on 20th October to discuss measures to reduce air pollution, which he claims weren't adopted by the AAP-led governments.
Brahmapuram waste plant fire: Kerala Assembly witnesses uproarious scenes, LoP says CM running away from issue
Brahmapuram waste plant fire: Kerala Assembly witnesses uproarious scenes, LoP says CM running away from issue
Mar 13, 2023
A fire that broke out at the waste treatment plant in Kochi on March 2, 2023, continues to spread toxic fumes even after 11 days of the incident. The Kerala government has said that 95 percent of the fire has been extinguished, but the smoke from the landfill has not entirely subsided. 
Retail >
Business >
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 (...
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...
FedEx jumps on profit beat, improved margins in its largest unit
FedEx jumps on profit beat, improved margins in its largest unit
Mar 22, 2024
(Reuters) - FedEx ( FDX ) shares surged in premarket trading on Friday after the parcel giant beat estimates for quarterly profit and reported a higher operating margin at Express, its largest unit. Shares of the company rose 12.4% to $297.75 before the bell, with rival UPS up 3.5%. FedEx ( FDX ) has taken several measures to protect margins...
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...
Economy >
Cryptocurrency >
BTC Holds at $64K as Bulls Eye This Level Next (Bitcoin Price Analysis)
BTC Holds at $64K as Bulls Eye This Level Next (Bitcoin Price Analysis)
Apr 19, 2024
Bitcoin’s price has been consolidating since early March, failing to continue its uptrend. Yet, the cryptocurrency might soon get back on track and create a new all-time high. Bitcoin Price Analysis: Technicals By TradingRage The Daily Chart On the daily chart, the Bitcoin price has been consolidating between the $60K and $70K levels over the past couple of weeks. The...
It’s Official: Bitcoin’s Fourth Halving Is Now Completed (Details)
It’s Official: Bitcoin’s Fourth Halving Is Now Completed (Details)
Apr 19, 2024
Bitcoins fourth halving, a highly anticipated event occurring every four years in the cryptocurrency realm, has finally occurred. This event, reducing the Bitcoin block reward from 6.25 BTC to 3.125 BTC, marks a crucial moment in the industry. As a result, the daily issuance of Bitcoin has been slashed in half, now standing at around 450 Bitcoin compared to the...
BAYC Creator Yuga Labs Offloaded 2 NFT Games to Faraway
BAYC Creator Yuga Labs Offloaded 2 NFT Games to Faraway
Apr 19, 2024
Yuga Labs, creator of the Bored Ape Yacht Club (BAYC) NFT collection, has announced the sale of the intellectual property rights for two of its games. This move is part of Yuga Labs previously declared commitment to refocus its organizational efforts. Yuga Labs Hands Over Gaming IPs to Faraway In an April 17 announcement on X, Yuga Labs revealed the...
Bitcoin (BTC) Price Remains Stable at $64K on Halving Day (Weekend Watch)
Bitcoin (BTC) Price Remains Stable at $64K on Halving Day (Weekend Watch)
Apr 19, 2024
Bitcoins price faced extreme volatility in the days leading to the highly-anticipated fourth halving but has remained relatively still after its completion. Most altcoins are slightly in the green on a daily scale, aside from TON, which has dumped by double-digits despite the big news coming from Tether. BTCs Calmness After Halving The adverse price developments for Bitcoin started last...
Forex >
Copyright 2023-2026 - www.financetom.com All Rights Reserved