The New Zealand dollar fell in Asian trade on Wednesday against a basket of major rivals, extending losses for the second straight session against the US dollar under pressure from the widening interest rate gap between the US and New Zealand. The Reserve Bank of Australia cut interest rates to three-year lows and warned against the impact of US tariffs,...

The Reserve Bank of New Zealand cut interest rates by 25 basis points to 3.25% to April 2022 lows, the sixth such rate cut in a row, and matching expectations. Do you need help in trading decisions? Do you want to learn how to start trading? Join Economies.com VIP Club and benefit from over 15 years of market analysis expertise...

The euro fell in European trade on Wednesday against a basket of major rivals, extending losses for the second straight session against the US dollar and backing off a four-week high on profit-taking. Hot inflation data and bullish remarks from ECB officials led to divisions among policymakers on the rate decision in June, with investors awaiting German and Spanish inflation...

The Federal Reserve warned against increasing economic risks when it decided to hold interest rates unchanged in May. Fed Chair Jerome Powell focused on uncertainty for the worlds largest economy following Trumps aggressive tariff decisions during his post-Fed meeting speech this month. Now markets expect two interest rate cuts overall this year, with some even thinking that this is overly...

09:10 AM EDT, 10/30/2024 (MT Newswires) -- Technology stocks were falling premarket Wednesday, with The Technology Select Sector SPDR Fund ( XLK ) down 0.7% and the SPDR S&P Semiconductor ETF ( XSD ) 1.5% lower. Garmin ( GRMN ) shares were up 13% after the company reported higher Q3 non-GAAP earnings and net sales in addition to raising its...

08:55 AM EDT, 10/30/2024 (MT Newswires) -- Health care stocks were declining premarket Wednesday with the iShares Biotechnology ETF (IBB) slightly lower and the Health Care Select Sector SPDR Fund (XLV) down 1.4% recently. Eli Lilly ( LLY ) shares fell by over 10% after the company reported Q3 non-GAAP earnings and revenue that missed analysts' expectations. The company also...

09:08 AM EDT, 10/30/2024 (MT Newswires) -- Energy stocks were advancing pre-bell Wednesday with the Energy Select Sector SPDR Fund (XLE) 0.6% higher recently. The United States Oil Fund (USO) was up 1.6% and the United States Natural Gas Fund (UNG) was 1.9% lower. Front-month US West Texas Intermediate crude oil was almost 2% higher at $68.54 per barrel at...

08:59 AM EDT, 10/30/2024 (MT Newswires) -- Financial stocks were leaning lower pre-bell Wednesday as the Financial Select Sector SPDR Fund (XLF) slightly fell recently. The Direxion Daily Financial Bull 3X Shares (FAS) was down 0.2% and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was 0.3% higher. Tradeweb Markets ( TW ) shares were down more than...

In the fast-paced and cutthroat world of business, conducting thorough company analysis is essential for investors and industry experts. In this article, we will undertake a comprehensive industry comparison, evaluating NVIDIA ( NVDA ) in comparison to its major competitors within the Semiconductors & Semiconductor Equipment industry. By analyzing crucial financial metrics, market position, and growth potential, our objective is...

Throughout the last three months, 14 analysts have evaluated Apple ( AAPL ) , offering a diverse set of opinions from bullish to bearish. Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 4 4 3 3...

Deep-pocketed investors have adopted a bearish approach towards Microsoft ( MSFT ) , and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in MSFT usually suggests something big is about to happen. We gleaned this information from...

Financial giants have made a conspicuous bearish move on POET Technologies ( POET ). Our analysis of options history for POET Technologies ( POET ) revealed 54 unusual trades. Delving into the details, we found 9% of traders were bullish, while 74% showed bearish tendencies. Out of all the trades we spotted, 4 were puts, with a value of $219,512,...

Canadian Prime Minister Justin Trudeau also said on Tuesday (September 19) his government does not seek to 'escalate' tensions with India. This, in the backdrop of the two countries expelling a senior diplomat each.

Greece has repeatedly asked the British Museum to permanently return the 2,500-year-old sculptures that British diplomat Lord Elgin removed from the Parthenon temple in the early 19th century when he was ambassador to the Ottoman Empire.

The investigation moving forward would be the most productive thing that can happen now, according to Blinken's statement.

British politics is abuzz with musical chairs like excitement. PM Rishi Sunak, who had to remove his outspoken interior minister Suella Braverman for her article on a pro-Palestine march in UK, has brought ex-PM David Cameron — who had lost the top job over Brexit — back into the fresh equation.

09:33 AM EDT, 07/02/2025 (MT Newswires) -- Prairie Operating ( PROP ) said Wednesday it agreed to acquire oil and gas assets in the Denver-Julesburg Basin from Edge Energy II for $12.5 million in cash. Prairie said the deal adds about 11,000 net acres and roughly 190 barrels of oil equivalent per day from 47 wells. Prairie also said it...

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,...

09:43 AM EDT, 07/02/2025 (MT Newswires) -- Plumas Bancorp ( PLBC ) said Wednesday it has completed its previously announced acquisition of Cornerstone Community Bancorp for about $61.3 million. Under the terms, each Cornerstone share was converted into the right to receive a combination of 0.6608 shares of Plumas common stock and $9.75 in cash, the company said. Cornerstone Chief...

09:44 AM EDT, 07/02/2025 (MT Newswires) -- Inventus Mining ( GNGXF ) on Wednesday said it signed a milling agreement with McEwen Mining ( MUX ) for the processing of bulk sample material from its 100%-owned Pardo Gold Project near Sudbury, Ontario. Inventus will process bulk sample material from the Pardo Gold Project at McEwen's Stock Mill. The company can...

ENA the native token of Ethena has been facing significant selling pressure in recent weeks. After an extended period of price declines, ENA plunged to $0.73, representing its weakest price level since May 20th. This, in turn, has translated to huge losses for ENA stakers. Lookonchain revealed that the largest ENA staker, who had staked 23.24 million ENA worth around...

The spot Bitcoin ETFs started the current business week negatively, ending their longest streak in terms of inflows on Monday. However, the tides have changed once again, perhaps due to the promising US CPI numbers that came out yesterday. CryptoPotato reported last Friday that these financial vehicles had recorded their 19th consecutive days of positive flows, which was the longest...

Bitcoin went on a real rollercoaster in the past few days in anticipation of the US CPI numbers and the subsequent FOMC meeting. The altcoins went on a similar ride, but now that the dust has settled, TON has emerged as todays top performer, followed by FET and KAS. BTCs Volatile Ride The primary cryptocurrency had a quiet weekend in...

TL;DR Ethereum (ETH) has declined to around $3,500, but analysts predict potential new all-time highs due to positive technical indicators. Metrics such as negative exchange netflow and a low RSI suggest reduced selling pressure and possible price recovery. Is It Time for a Resurgence? The price of Ethereum (ETH), similar to many other cryptocurrencies, plunged significantly in the past several...