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US dollar steadies after payrolls shock.. Swiss franc declines
US dollar steadies after payrolls shock.. Swiss franc declines
Aug 4, 2025
The US dollar found some support on Monday after a disappointing US jobs report on Friday and President Donald Trumps abrupt dismissal of a top labor statistics official, which had delivered a blow to the currency and fueled investor bets on an imminent Federal Reserve rate cut. Data released on Friday showed that job growth in the US fell short...
The Gulf bets big on artificial intelligence… Is it the new oil?
The Gulf bets big on artificial intelligence… Is it the new oil?
Aug 4, 2025
When Donald Trump landed in the United Arab Emirates earlier this year, he wasnt just bringing headlines with himhe came with deals, ambitions, and soft power in the field of artificial intelligence. The former US president was received with royal honors, but the highlight of the visit was the announcement of a massive AI-focused university campusa joint UAE-US project. This...
US dollar extends gains as Trump unleashes new tariffs
US dollar extends gains as Trump unleashes new tariffs
Aug 1, 2025
The dollar moved toward its strongest weekly performance in nearly three years against major currencies, maintaining its momentum on Friday after President Donald Trump imposed new tariffs on dozens of trade partners. Currencies of heavily impacted countries saw sharp declines, such as Switzerland, which now faces a 39% tariff. The Swiss franc dropped to its lowest level in six weeks,...
Is the US labor market losing balance? July data raises concerns
Is the US labor market losing balance? July data raises concerns
Aug 3, 2025
The US labor market appeared to make steady progress during the first half of the year, but there are growing signs that job growth is losing momentum. The July jobs report is set to be released at 8:30 a.m. Eastern Time on Friday and is expected to show a net gain of 115,000 jobs a significant slowdown compared to Junes...
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Sector Update: Healthcare
Sector Update: Healthcare
Jul 23, 2026
08:57 AM EDT, 07/23/2026 (MT Newswires) -- Healthcare stocks were flat to higher premarket Thursday, with the iShares Biotechnology ETF (IBB) inactive and the State Street Health Care Select Sector SPDR ETF (XLV) up 0.2%. Thermo Fisher Scientific ( TMO ) shares were up more than 6% after the company reported higher fiscal Q2 adjusted earnings and revenue. ...
Freeport-McMoRan beats quarterly profit estimates on higher copper prices
Freeport-McMoRan beats quarterly profit estimates on higher copper prices
Jul 23, 2026
July 23 (Reuters) - Freeport-McMoRan ( FCX ) beat Wall Street estimates for second-quarter profit on Thursday, as higher copper prices offset lower production at its Grasberg mine in Indonesia. Shares of the company were up 1.4% in premarket trading. Average copper prices climbed 41.5% year-on-year in the second quarter, driven by supply concerns, signs of resilient demand from top...
Sector Update: Healthcare Stocks Flat to Higher Premarket Thursday
Sector Update: Healthcare Stocks Flat to Higher Premarket Thursday
Jul 23, 2026
09:10 AM EDT, 07/23/2026 (MT Newswires) -- Healthcare stocks were flat to higher premarket Thursday, with the iShares Biotechnology ETF (IBB) inactive and the State Street Health Care Select Sector SPDR ETF ( XLV ) up 0.2%. Thermo Fisher Scientific ( TMO ) shares were up more than 6% after the company reported higher fiscal Q2 adjusted earnings and revenue....
Sector Update: Tech
Sector Update: Tech
Jul 23, 2026
08:54 AM EDT, 07/23/2026 (MT Newswires) -- Technology stocks were mixed premarket Thursday, with the State Street Technology Select Sector SPDR Fund (XLK) down 0.8% and the State Street SPDR S&P Semiconductor ETF (XSD) 0.1% higher. Alphabet's (GOOG, GOOGL) Google ( GOOG ) was fined a total of 890 million euros ($1.04 billion) by the European Commission on Thursday after...
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CIBC on What Is Happening in Canada's Labor Market
CIBC on What Is Happening in Canada's Labor Market
Jul 29, 2025
08:18 AM EDT, 07/29/2025 (MT Newswires) -- Canadian job growth appears to be accelerating again and the unemployment rate has barely increased since trade uncertainties flared up earlier this year, said CIBC. It seems too good to be true, wrote the bank in a note to clients. Unfortunately, that's probably because it is. The notion that Canada's labor market is...
COLUMN-Aluminium flows shift after Trump doubles down on tariffs: Andy Home
COLUMN-Aluminium flows shift after Trump doubles down on tariffs: Andy Home
Jul 29, 2025
LONDON, July 29 (Reuters) - Canadian aluminium smelters have started diverting primary metal away from the United States in response to the ratcheting up of import tariffs, first to 25% in March and then to 50% in June. Alcoa Corp ( AA ), which operates smelters on both sides of the border, has since March sold more than 100,000 metric...
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
Blackstone executive among dead in Manhattan shooting, firm says
Blackstone executive among dead in Manhattan shooting, firm says
Jul 29, 2025
NEW YORK, July 29 (Reuters) - Investment giant Blackstone Inc ( BX ) said on Tuesday that a senior executive was among the people killed when a gunman, carrying an assault rifle, walked into the lobby of a midtown Manhattan office building and opened fire on Monday. We are heartbroken to share that our colleague, Wesley LePatner, was among those...
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Taiwan’s Financial Watchdog Prepares to Test Crypto Custody Services with Local Banks
Taiwan’s Financial Watchdog Prepares to Test Crypto Custody Services with Local Banks
Oct 10, 2024
Taiwans Financial Supervisory Commission is preparing to roll out a pilot program for institutional crypto custody. The regulatory agency intends to collect applications in early 2025, and three private banks have already expressed interest in participating. The latest move signifies efforts to promote institutional adoption of crypto in the region. Institutional Crypto Custody in Taiwan According to a report by...
Will Markets Continue to Dump Amid $1.6B in Crypto Options Expiring Today? 
Will Markets Continue to Dump Amid $1.6B in Crypto Options Expiring Today? 
Oct 10, 2024
Around 18,800 Bitcoin options contracts will be expiring on Friday, Oct. 11, with a notional value of around $1.1 billion. Today’s options expiry is very similar to last week’s as implied volatility declines, and expiry events are now smaller. Therefore, it is unlikely to impact spot markets, which have been retreating this week. Bitcoin Options Expiry This week’s batch of...
Google Officially Integrates Ethereum Name Service (ENS) into Search Engine
Google Officially Integrates Ethereum Name Service (ENS) into Search Engine
Oct 10, 2024
Google has officially integrated the Ethereum Name Service (ENS) into its search engine. This allows users to search for any .eth domain and view the corresponding Ethereum (ETH) balance directly within the search results. This development marks a major step in making cryptocurrency information more accessible to the general public. ENS Support and Features Google has officially integrated ENS, allowing...
Ripple Price Analysis: Calm Before the Storm for XRP Following Long Consolidation?
Ripple Price Analysis: Calm Before the Storm for XRP Following Long Consolidation?
Oct 10, 2024
Ripple’s price has been consolidating in a very tight range in the last few days, and it has yet to give any indication of its future direction. By Edris Derakhshi (TradingRage) The USDT Paired Chart On the USDT paired chart, the price has recently experienced a massive drop from the $0.65 level, breaking below the 200-day moving average, which is...
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