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Yen skids to three-month low as the gap in treasury yields widens
Yen skids to three-month low as the gap in treasury yields widens
Oct 26, 2024
The yen fell in European trade on Wednesday against a basket of major rivals, sharpening the losses for the third straight session against the US dollar and hitting three-month lows amid concerns about a wider US-Japan gap in government treasury yields. Recent bearish remarks from Japanese officials hurt the odds of a third BOJ interest rate hike this year, while...
Euro rebounds ahead of major eurozone data
Euro rebounds ahead of major eurozone data
Oct 27, 2024
The euro rose in European trade on Thursday against a basket of major rivals after a wave of losses across three sessions, with the euro eventually settling above 3-⅕ month lows against the US dollar. It comes ahead of major data on the eurozone sectors later today, which would shed important light on the health of the European economy in...
Yen skids to three-month trough as Japanese governing coalition loses majority
Yen skids to three-month trough as Japanese governing coalition loses majority
Oct 28, 2024
The Japanese yen skidded in Asian trade on Monday to three-month lows against the US dollar, after the election loss by the current Japanese parliamentary governing coalition, which could impede future interest rate hikes by the Bank of Japan. The yen is also pressured by a surge in US 10-year treasury yields, amid speculation about a cautious stance by the...
Aussie skids to 2-1/5 month low as inflation cools
Aussie skids to 2-1/5 month low as inflation cools
Oct 30, 2024
The Australian dollar tumbled in Asian trade on Wednesday to 2-⅕ month lows against the US dollar, sharpening the decline for the fourth straight session after inflation in Australia cooled to three-year lows, reducing the pressure on the Reserve Bank of Australia. The new data boosted the odds of an interest rate cut by the RBA in December, as investors...
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Brookmount Gold Q3 revenue rises on higher gold prices
Brookmount Gold Q3 revenue rises on higher gold prices
Oct 21, 2025
Overview * Brookmount Gold Q3 revenue rises 1% yr/yr, driven by higher gold prices and production * Net income for Q3 rises 42% from prior quarter, but falls 37% yr/yr * Company expands mining workforce and shafts, boosting production capacity Outlook * Brookmount anticipates additional resource development and potential joint ventures in 2026 * Company aims to increase ore throughput...
Wall Street set for steady start as investors eye earnings for direction
Wall Street set for steady start as investors eye earnings for direction
Oct 21, 2025
(Reuters) -Wall Street looked poised for a calm start on Tuesday, with futures trimming earlier losses as investors assess a wave of largely positive earnings from corporate giants. At 08:15 a.m. ET, Dow E-minis were up 17 points, or 0.04%, Nasdaq 100 E-minis were down 1.75 points, or 0.01%, and S&P 500 E-minis were up 1.75 points, or 0.03%. Earnings...
Sector Update: Energy
Sector Update: Energy
Oct 21, 2025
09:08 AM EDT, 10/21/2025 (MT Newswires) -- Energy stocks were rising premarket Tuesday, with The Energy Select Sector SPDR Fund (XLE) advancing by 0.3%. The United States Oil Fund (USO) was up 0.7% and the United States Natural Gas Fund (UNG) was 1.4% lower. Front-month US West Texas Intermediate crude oil was 1.3% higher at $58.27 per barrel at the...
Sector Update: Tech
Sector Update: Tech
Oct 21, 2025
08:55 AM EDT, 10/21/2025 (MT Newswires) -- Technology stocks were steady pre-bell Tuesday, with the Technology Select Sector SPDR Fund (XLK) and SPDR S&P Semiconductor ETF (XSD) inactive. EPAM Systems ( EPAM ) stock was up more than 3% after the company said its board approved a new $1 billion stock repurchase program. ...
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Mexican officials confident on reaching US tariff deal before new deadline
Mexican officials confident on reaching US tariff deal before new deadline
Feb 4, 2025
MEXICO CITY (Reuters) - Top Mexican officials said on Tuesday they were confident that Mexico could reach an agreement with the U.S. before threatened tariffs are due to take effect, with the U.S. demanding progress on fighting the flow of drugs and migrants to the shared border. U.S. President Donald Trump had threatened both Mexico and Canada with 25% tariffs,...
Tesla offers insurance subsidy for Model 3 buyers in China
Tesla offers insurance subsidy for Model 3 buyers in China
Feb 4, 2025
BEIJING, Feb 5 (Reuters) - Tesla China is offering insurance subsidies of 8,000 yuan ($1,103.34) for all Model 3 buyers, the automaker announced on its official Weibo account on Wednesday. ($1 = 7.2507 Chinese yuan) ...
Brookfield triggers three-way bidding war for Insignia with $1.92 bln offer
Brookfield triggers three-way bidding war for Insignia with $1.92 bln offer
Feb 4, 2025
Feb 5 (Reuters) - Insignia Financial ( IOOFF ) said on Wednesday it had received an A$3.07 billion ($1.92 billion) bid from Canadian firm Brookfield, matching the latest offers from Bain Capital and CC Capital Partners for the Australian wealth manager. The takeover offer is the latest among efforts by global firms to tap into Australia's lucrative A$4.1 trillion superannuation...
Oil depot on fire after drone attack in Russia's Krasnodar region, governor says
Oil depot on fire after drone attack in Russia's Krasnodar region, governor says
Feb 4, 2025
Feb 5 (Reuters) - A drone attack by Ukraine sparked a fire at an oil depot in Russia's Krasnodar region, the governor of the region in southern Russia said early on Wednesday. The fire has been contained, there are no casualties, Veniamin Kondratyev said on the Telegram messaging app. He said that 55 people and 19 units of equipment were...
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Will Crypto Markets React to $3B Bitcoin Options Expiring Today? 
Will Crypto Markets React to $3B Bitcoin Options Expiring Today? 
Mar 13, 2025
Around 35,000 Bitcoin options contracts will expire on Friday, March 14, and they have a notional value of roughly $2.9 billion. This week’s event is a little larger than last week’s, but a mammoth end-of-quarter $11 billion options contract expiry is due on March 28. The impact on spot markets is likely to be minimal as markets digest slightly lower-than-expected...
MGX Invests $2B in Binance in Historic Crypto Funding Deal
MGX Invests $2B in Binance in Historic Crypto Funding Deal
Mar 13, 2025
MGX has invested $2 billion in Binance, potentially marking one of the biggest funding deals in the industry’s history. This initiative represents the Abu Dhabi-based investment firms first entry into the digital asset and blockchain sectors, securing a minority stake in Binance. A Strategic Deal for Crypto and Blockchain Innovation In a March 12 announcement, the crypto exchange said the...
Will Trump’s ‘Short
Will Trump’s ‘Short
Mar 14, 2025
High-risk assets such as tech stocks and crypto have been selling off heavily over the past month or so as Donald Trump’s trade war escalates. However, this could all be part of a “short term pain” masterplan in a strategy that aims to lower inflation and refinance around $9 trillion of US debt by allowing market weakness, reported the Kobeissi...
Analyst Sees Hyperliquid’s $4M Loss as a Growth Opportunity for DeFi
Analyst Sees Hyperliquid’s $4M Loss as a Growth Opportunity for DeFi
Mar 13, 2025
Following yesterday’s whale liquidation event on Hyperliquid, which saw the decentralized exchange (DEX) lose $4 million, some analysts are characterizing it as a necessary stress test that could ultimately strengthen decentralized finance (DeFi) protocols. Others have even suggested that the incident could benefit Hyperliquid’s native HYPE token in the long run. Lessons Learned The loss occurred when a trader, identified...
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