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US dollar stable ahead of crucial inflation data
US dollar stable ahead of crucial inflation data
Oct 24, 2025
The US dollar held steady on Friday but remained on track for modest weekly gains against major currencies, as investors awaited delayed US inflation data that is unlikely to deter the Federal Reserve from cutting interest rates next week. Trade war concerns resurfaced after President Donald Trump announced that all trade talks with Canada had been canceled, following what he...
Yen rebounds before Takaichi-Trump summit
Yen rebounds before Takaichi-Trump summit
Oct 28, 2025
The Japanese yen rose in Asian trading on Tuesday against a basket of major and minor currencies, rebounding from a three-week low against the US dollar and heading toward its first gain in eight sessions, ahead of the much-anticipated summit between newly appointed Prime Minister Sanae Takaichi and US President Donald Trump in Tokyo. The talks are expected to focus...
US dollar mixed as investors await central banks' decisions
US dollar mixed as investors await central banks' decisions
Oct 27, 2025
The US dollar saw mixed performance on Monday, ending a six-day winning streak against the Japanese yen while snapping a three-day losing streak versus the euro, as investors brace for a busy week of major central bank decisions and global trade negotiations. The Federal Reserve will conclude its two-day policy meeting on Wednesday, followed by interest rate decisions from the...
Could US sanctions suffocate the Russian war economy eventually?
Could US sanctions suffocate the Russian war economy eventually?
Oct 24, 2025
The war economy that has financed Russias full-scale invasion of Ukraine for 45 months has relied heavily on revenues from oil and gas exports as well as what critics call Western complacency and on China and Indias reluctance to fully cut off Russian energy imports. Now, however, the United States together with the European Union and the United Kingdom is...
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US STOCKS-Wall Street closes higher on bets for Fed rate cut
US STOCKS-Wall Street closes higher on bets for Fed rate cut
Jul 12, 2024
* JPMorgan ( JPM ), Citi, Wells Fargo ( WFC ) drop after results * Small-cap stocks surge * U.S. producer prices rise marginally in June (Updates with market close) By Noel Randewich and Medha Singh July 12 (Reuters) - Wall Street stock indexes closed higher on Friday, on bets that the U.S. Federal Reserve will cut interest rates in...
US Equity Indexes Rise This Week as Rate-Sensitive Sectors Lead Gainers Following Cooling in Consumer Price Inflation
US Equity Indexes Rise This Week as Rate-Sensitive Sectors Lead Gainers Following Cooling in Consumer Price Inflation
Jul 12, 2024
04:27 PM EDT, 07/12/2024 (MT Newswires) -- US equity indexes ended the week higher as gains in sectors set to benefit from a cut in interest rates, following a third consecutive month of easing annual consumer price inflation, made up for weakening in technology's narrow market leadership. * The Dow Jones Industrial Average closed at 40,000.90 on Friday after hitting...
Equities Close Higher as Markets Weigh Producer Prices Data
Equities Close Higher as Markets Weigh Producer Prices Data
Jul 12, 2024
04:25 PM EDT, 07/12/2024 (MT Newswires) -- US benchmark equity indexes rose Friday as markets evaluated the latest producer prices data, while a survey showed easing consumer inflation expectations. The Dow Jones Industrial Average, the S&P 500, and the Nasdaq Composite gained 0.6% each to finish at 40,000.9, 5,615.4 and 18,398.4, respectively. Among sectors, consumer discretionary, materials, and technology led...
Top Cryptocurrencies Rise; Bitcoin Stays Above $57,000 Level
Top Cryptocurrencies Rise; Bitcoin Stays Above $57,000 Level
Jul 12, 2024
04:10 PM EDT, 07/12/2024 (MT Newswires) -- Most major digital assets rose on Friday, with bitcoin (BTC-USD) holding above the $57,000 level. The CoinDesk Market Index, which tracks 192 digital assets, gained 0.7% in the past 24 hours. The Nasdaq 100, S&P 500, and Dow Jones Industrial Average all gained around 0.8%. Bitcoin (BTC-USD), the largest cryptocurrency by market value,...
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Former Archegos CFO Halligan gets 8-year prison sentence
Former Archegos CFO Halligan gets 8-year prison sentence
Jan 27, 2025
NEW YORK, Jan 27 (Reuters) - The former chief financial officer of Archegos Capital Management was sentenced on Monday to eight years in prison over his role in the firm's 2021 collapse, which cost Wall Street banks more than $10 billion. Patrick Halligan was convicted of securities fraud, wire fraud and racketeering conspiracy by a Manhattan federal jury last July....
Stella McCartney label leaves LVMH, designer remains sustainability ambassador
Stella McCartney label leaves LVMH, designer remains sustainability ambassador
Jan 27, 2025
PARIS (Reuters) -Stella McCartney is repurchasing the minority stake held by LVMH in the house she founded about five years after the luxury group bought it, LVMH and Stella McCartney said in a statement on Monday. McCartney will continue to advise LVMH chief executive Bernard Arnault and the group's executive team on sustainability issues as a Global Ambassador on Sustainability,...
Sector Update: Consumer
Sector Update: Consumer
Jan 27, 2025
01:30 PM EST, 01/27/2025 (MT Newswires) -- Consumer stocks were mixed Monday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) rising 2.4% and the Consumer Discretionary Select Sector SPDR Fund (XLY) fractionally lower. In corporate news, Spotify ( SPOT ) and Universal Music Group said Sunday they have signed multiyear agreements to collaborate on recorded music and music...
Canada to speak to partners in a bid to fend off US tariffs, says minister
Canada to speak to partners in a bid to fend off US tariffs, says minister
Jan 27, 2025
OTTAWA (Reuters) - Canadian Foreign Minister Melanie Joly said on Monday she would soon be talking to counterparts in allied nations in a bid to fend off tariffs that U.S. President Donald Trump is threatening to impose. Joly told reporters she would speak to the foreign ministers of Britain, Mexico and some members of the 27-nation European Union. We have...
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Possible Scenarios for XPR Once it Breaks Out of Consolidation: Ripple Price Analysis
Possible Scenarios for XPR Once it Breaks Out of Consolidation: Ripple Price Analysis
May 26, 2025
Ripple remains confined within a narrow price range, with minimal fluctuations in recent action. This low-volatility environment suggests an imminent breakout, which will likely define the next major trend. XRP Analysis The Daily Chart XRP is currently trading within a narrow and critical price range, bounded by the 100-day and 200-day moving averages at $2.2, and the descending wedge’s upper...
Bitcoin (BTC) Brushes Off Geopolitical Jitters: Here Is the Next Target in Sight
Bitcoin (BTC) Brushes Off Geopolitical Jitters: Here Is the Next Target in Sight
May 26, 2025
Bitcoin clawed back losses on Monday, rising to nearly $110,000 after US President Donald Trumps unexpected EU tariff announcement rattled markets over the weekend. A key technical pattern has now emerged, which could potentially hint at the next major move in the cryptocurrencys ongoing price trend. Bitcoins Double Bottom Formation Bitcoin may be on track to reach $112,000 following the...
Bitcoin Has Made Getting Rich So Easy, Says Robert Kiyosaki
Bitcoin Has Made Getting Rich So Easy, Says Robert Kiyosaki
May 26, 2025
In a world where capitalists dominate most economies, people are constantly searching for ways to accumulate wealth. Bitcoin presents an easy path for this, according to finance guru and entrepreneur Robert Kiyosaki. The Rich Dad, Poor Dad author believes bitcoin (BTC) has made it so easy for anyone to get rich and insists more people should be buying the digital...
Analyst Forecasts BTC Short
Analyst Forecasts BTC Short
May 26, 2025
Bitcoin’s current rally may only be warming up, with market watchers predicting a potential surge to $162,000 by mid-June, largely driven by short-term holders approaching a critical profit threshold. According to Axel Adler Jr., Bitcoin’s Net Unrealized Profit/Loss (NUPL) for those who’ve held the cryptocurrency for a maximum of three months sits at 27%. The Short-Term Holder Catalyst In a...
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