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Aussie drops after wages data
Aussie drops after wages data
May 25, 2025
The Australian dollar fell against most major rivals on Wednesday following labor data. Australian wages rose 0.9% in the first quarter of the year, above estimates of 0.8%. On trading, the AUD/USD pair rose 0.7% as of 20:56 GMT to 0.6428. Loonie The Canadian dollar fell 0.3% against the greenback as of 20:56 GMT to $0.7155. The US Dollar The...
Aussie falls and shrugs off strong employment data
Aussie falls and shrugs off strong employment data
May 25, 2025
The Australian dollar fell against most major rivals on Thursday despite strong labor data. Australia's unemployment rate was unchanged in April at 4.1%, same as March, and matching expectations. The Australian economy added 89.0 thousand new jobs in April, easily beating estimates of a 20.9 thousand addition, while March's reading was revised to show the addition of 32.2 thousand jobs...
Aussie hits one-week high after strong wages data
Aussie hits one-week high after strong wages data
May 25, 2025
The Australian dollar rose in Asian trade on Wednesday against a basket of major rivals, expanding gains for the second straight session against the US dollar and hitting a week high, while approaching five-week highs following strong Australian wages data. The data renewed inflationary pressures on the Reserve Bank of Australias policymakers, which hurt the odds of a rate cut...
Aussie moves in a positive zone after inflation data
Aussie moves in a positive zone after inflation data
May 25, 2025
The Australian dollar rose in Asian trade on Wednesday against the US dollar after a short hiatus yesterday, with the pair heading towards four-month high and about to mark the second monthly profit in a row. Earlier Sydney data showed inflationary pressures remained persistent on monetary policymakers, casting doubts on the odds of an Australian interest rate cut in May....
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US STOCKS-Dow hits record high, small caps jump on rate-cut bets; bank results mixed
US STOCKS-Dow hits record high, small caps jump on rate-cut bets; bank results mixed
Jul 12, 2024
(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window.) * JPMorgan ( JPM ), Citi, Wells Fargo ( WFC ) drop after results * Small-, mid-cap stocks lead gains * U.S. producer prices rise marginally in June * Indexes up: Dow 0.90%, S&P 0.90%, Nasdaq 1.1% (Updated at...
Sector Update: Energy
Sector Update: Energy
Jul 12, 2024
01:28 PM EDT, 07/12/2024 (MT Newswires) -- Energy stocks were higher Friday afternoon, with the NYSE Energy Sector Index increasing 0.2% and the Energy Select Sector SPDR Fund (XLE) up 0.1%. The Philadelphia Oil Service Sector index was posting a 1.1% gain, and the Dow Jones US Utilities index was adding 1.2%. Front-month West Texas Intermediate crude oil was up...
US Equity Indexes Climb as Investors Parse Wholesale Inflation Print
US Equity Indexes Climb as Investors Parse Wholesale Inflation Print
Jul 12, 2024
01:26 PM EDT, 07/12/2024 (MT Newswires) -- US equity indexes rose Friday as investors weighed a higher-than-expected producer price inflation print for June, a surprise decline in a consumer sentiment gauge for July and mega-cap banks' quarterly results. The Nasdaq climbed 1% to 18,465.9, with the S&P 500 and the Dow Jones Industrial Average up 0.9% to 5,634.5 and 40,097.3,...
TSX up 145 Points at Midday, at New Highs, With Miners The Biggest Gainer
TSX up 145 Points at Midday, at New Highs, With Miners The Biggest Gainer
Jul 12, 2024
12:17 PM EDT, 07/12/2024 (MT Newswires) -- The Toronto Stock Exchange is up 145 points at midday and at all-time record intraday highs, with nearly all sectors higher. The biggest gainers are miners (+1.5%) and telecoms and financials, both up 0.8%. TD Bank (TD.TO) is the most actively traded, with near 8 million shares being traded. TD has hired two...
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The GBPUSD forecast update 21-05-2024
The GBPUSD forecast update 21-05-2024
May 21, 2024
GBPUSD Price Analysis Expected Scenario The GBPUSD price resumes its positive trading and attempts to move away from the 1.2700$ level, reinforcing the expectations of continuing the bullish trend for today, affected by the previously completed double bottom pattern, reminding you that our awaited target is located at 1.2800$, while achieving it requires holding above 1.2700$. Expected Trading Range Between...
The EURUSD price forecast update - 21-05-2024
The EURUSD price forecast update - 21-05-2024
May 21, 2024
EURUSD Price Analysis Expected Scenario The EURUSD price shows sideways trades to test the key resistance 1.0876$, affected by stochastic positivity, which urges caution from the upcoming trading, as the price needs to hold below this level to keep the bearish trend scenario active, which its next target located at 1.0795$. On the other hand, we should note that the...
Crude oil price forecast update 21-05-2024
Crude oil price forecast update 21-05-2024
May 21, 2024
Crude Oil Price Analysis Expected Scenario Crude oil price provides new negative trades in an attempt to move away from the 79.60$ level, reinforcing the expectations of continuing the bearish trend in the upcoming sessions, which targets 77.64$ as the next station. Breaking it represents the key to rally towards 75.24$ as the next target. In general, the bearish trend...
Brent oil price forecast update 21-05-2024
Brent oil price forecast update 21-05-2024
May 21, 2024
Brent Oil Price Analysis Expected Scenario Brent oil price crawls downwards to test the 83.00$ barrier, waiting for more decline to test 82.45$ that represents our first target, reminding you that surpassing this level will extend the bearish wave to reach 80.08$. Noting that breaching 84.77$ will stop the bearish trend and lead the price to turn to rise and...
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NTSB chair says media reports on Air India crash are speculative, premature
NTSB chair says media reports on Air India crash are speculative, premature
Jul 18, 2025
July 19 (Reuters) - The United States National Transportation Safety Board Chair Jennifer Homendy said on Friday that recent media reports on the crash of an Air India Boeing Dreamliner that killed 260 people were premature and speculative. A preliminary investigation released last week by India's Aircraft Accident Investigation Bureau found confusion in the cockpit shortly before the June 12...
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,...
Crypto exchange Bullish's US IPO filing reveals quarterly loss
Crypto exchange Bullish's US IPO filing reveals quarterly loss
Jul 18, 2025
July 18 (Reuters) - Cryptocurrency exchange Bullish on Friday disclosed a quarterly loss compared to a year-ago profit in its paperwork for a U.S. initial public offering, amid rising investor interest in the sector. Bullish joins crypto exchange Gemini and crypto-focused asset manager Grayscale - both of which have confidentially filed for potential U.S. listings. Uncertainty surrounding President Donald Trump's...
Basketball-Sponsors swoop in to net new generation of WNBA fans
Basketball-Sponsors swoop in to net new generation of WNBA fans
Jul 18, 2025
* Brands capitalize on WNBA's rising popularity during All-Star weekend * Record viewership boosts sponsorship interest, with 25 brands at WNBA Live * Diverse fan base attracts sponsors like Coach, Nike ( NKE ) and Gatorade By Amy Tennery INDIANAPOLIS, July 18 (Reuters) - An onslaught of brands has descended on Indianapolis to take advantage of the WNBA's growing popularity,...
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Bitcoin Slipped Below $120K, These Altcoins Crash Harder: Market Watch
Bitcoin Slipped Below $120K, These Altcoins Crash Harder: Market Watch
Aug 12, 2025
Bitcoin experienced a price decline over the past 24 hours, but remains in green territory on a weekly basis.  ETH held its ground at around $4,300, but several well-known altcoins plunged by double digits on a daily basis. BTC Couldnt Keep the Momentum The primary cryptocurrency briefly surged past $122,000 on August 11, while its market capitalization reached almost $2.5...
Bitcoin Price Reacts as US CPI for July Comes in Below Expectations
Bitcoin Price Reacts as US CPI for July Comes in Below Expectations
Aug 12, 2025
The highly anticipated US Consumer Price Index numbers for July are out, and they show that inflation in the largest economy is lower than previously expected. The regular CPI came in at 2.7% year-over-year, compared to the 2.8% estimate provided by the experts. The Core CPI, which excludes volatile sectors such as energy and food, is 3.1% (0.1% higher than...
What’s Next for Pi Network? PI Coin Price Consolidates, is a Push to $0.78 Even Possible?
What’s Next for Pi Network? PI Coin Price Consolidates, is a Push to $0.78 Even Possible?
Aug 12, 2025
TL;DR Pi Network trades at $0.38, down 7% daily, with key resistance levels at $0.78 and $1.50. MACD shows weak momentum, Stochastic RSI oversold; breakout above $0.78 could signal potential trend reversal. Chainphon to list PI August 12; .pi domain auction extended, enabling custom wallet addresses. PI Stuck in Consolidation Pi Network (PI) was trading at $0.38 at press time,...
$4,300 Milestone Helps Ethereum Push Institutional AUM to Record $32.6 Billion
$4,300 Milestone Helps Ethereum Push Institutional AUM to Record $32.6 Billion
Aug 12, 2025
Investment products tied to digital assets registered $572 million in inflows last week, and reversed the early-week trend. Outflows reached $1 billion in the initial days, likely due to concerns over slowing growth following poor US payroll figures. The tide turned in the latter half, with $1.57 billion flowing in after the government allowed digital assets in 401(k) retirement plans....
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