The New Zealand dollar rallied in Asian trade against a basket of major rivals, extending gains for the third straight session against the US dollar and scaling three-week highs after an expected policy decision by the Reserve Bank of New Zealand. As expected, the bank maintained interest rates unchanged for the sixth meeting in a row at 15-year highs. The...

Most Read: Gold Price Outlook - Drivers Behind Market Boom, Reversal or New Record Ahead? With inflation in the U.S. economy struggling to downshift this year, all eyes will be on the U.S. Bureau of Labor Statistics' release of March CPI numbers on Wednesday. This report holds the potential to cause significant volatility across assets, so traders should prepare for...

The Saudi government recently announced plans to reduce the scope of the giant city Neom, after the Public Investment Funds cash reserves fell to $15 billion in September 2023. According to a Bloomberg report, Saudi Arabia is reducing the scope of the giant city, which was supposed to cost $1.5 trillion, and to be 33 times bigger than New York....

Most Read: The Federal Reserve Bank: A Forex Trader’s Guide The Federal Open Market Committee (FOMC) minutes, released a few weeks after each policy meeting, offer traders valuable insights into the U.S. central bank’s thinking. These minutes can have a significant impact on the U.S. dollar and gold prices. Here's a strategy guide on how to leverage these insights for...

07:51 AM EDT, 05/29/2024 (MT Newswires) -- US equity futures were lower Wednesday, pressured by rising bond yields. Dow Jones Industrial Average futures fell 0.6%, S&P 500 futures declined 0.6%, and Nasdaq futures were down 0.7%. Yield on the US 10-Year Treasury was up by more than 3 basis points at around 4.574% at last look. Friday's report on personal...

The Nasdaq 100 closed higher by around 0.3% on Tuesday. Investors, meanwhile, focused on some notable insider trades. When insiders sell shares, it could be a preplanned sale, or could indicate their concern in the company's prospects or that they view the stock as being overpriced. Insider sales should not be taken as the only indicator for making an investment...

08:48 AM EDT, 05/29/2024 (MT Newswires) -- Technology stocks were mixed premarket Wednesday with the Technology Select Sector SPDR Fund (XLK) down 0.8% and the SPDR S&P Semiconductor ETF (XSD) 2.3% higher recently. JOYY ( YY ) fell by over 9% after it reported a Q1 revenue of $564.6 million, down from $583.6 million a year earlier. ...

(Reuters) - U.S. stock index futures slipped on Wednesday, as megacap stocks were pressured by rising Treasury yields on concerns around the timing of the Federal Reserve's interest rate cuts. Megacaps such as Apple ( AAPL ), Meta and Nvidia ( NVDA ) dipped between 0.3% and 1.1% in trading before the bell as the yield on Treasury notes edged...

During the last three months, 16 analysts shared their evaluations of Zeta Global Holdings ( ZETA ) , revealing diverse outlooks from bullish to bearish. The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 10...

Investors with a lot of money to spend have taken a bullish stance on KLA . And retail traders should know. We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga. Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with KLAC,...

Rafael Cordón is concerned about how we’re going to protect the truth in the age of AI and disinformation. The Guatemalan tech CEO and engineer began thinking about this issue in the wake of Russia’s interference in the 2016 U.S. presidential election. But never did he consider he might create a technology that would protect a presidential election in his...

In the last three months, 19 analysts have published ratings on Accenture ( ACN ) , offering a diverse range of perspectives 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 8 5...

The FATF is an inter-governmental body established in 1989 to combat money laundering, terrorist financing and other related threats to the integrity of the international financial system.

The US is closely monitoring the border row between India and China and does not want the situation to escalate, a senior Trump administration official has said. The official told the reporters during a conference call on Friday, ahead of the next week's 2+2 India-US Ministerial in New Delhi, that the Trump administration was providing support to India through defence sales, joint military exercises and information sharing.

The debate, just less than two weeks ahead of the crucial presidential elections on November 3, started with opening remarks by both the candidates when the mike of the other was muted.

This time around, each candidate’s microphone will be switched off while his opponent makes his two-minute introductory statement on a topic, so as to give him uninterrupted speaking time.

Lockheed Martin Corp ( LMT ). shares have surged by nearly 4% in overnight trading, driven by escalating tensions in the Middle East and a global market sell-off. What Happened: The stock of the American aerospace and defense company has risen by almost 4% in overnight trading on Robinhood Inc.. This follows a week in which the stock has seen...

BERLIN, Aug 5 (Reuters) - German chipmaker Infineon adjusted its full-year revenue outlook for the third time in the space of a few months on Monday after missing expectations in its third quarter due to sluggish demand. The company reported revenue of 3.702 billion euros ($4.04 billion) for the April-June period, falling short of the 3.8 billion forecast in a...

Aug 5 (Reuters) - The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy. - Candy giant Mars Inc is in advanced talks to acquire snack-maker Kellanova ( K ) in a deal that could value Kellanova ( K ) at $30 billion. - CrowdStrike (...

Aug 5 (Reuters) - British aerospace engineer Senior Plc ( SNIRF ) posted a 10% rise in its first-half profit on Monday, buoyed by demand for commercial aircraft and higher defence spending. Senior, an aero parts supplier to Boeing ( BA ) and Airbus , reported adjusted operating profit of 25.1 million pounds ($31.9 million), up from 22.9 million pounds...

On Jan. 30, the firm announced the Grayscale Bitcoin Miners ETF with the ticker MNRS. The product is a passively managed ETF tracking the mining industry and the Indxx Bitcoin Miners Index. “MNRS provides exposure to Bitcoin Miners and the global Bitcoin mining industry at a time when we’re seeing unprecedented interest and growth in Bitcoin,” stated Grayscale. The fund...

TL:DR; XRP became one of the top performers of 2024, and the start of 2025 was also quite promising as it came just 1% away from its all-time high of $3.4. It has retraced since then, and the question now is whether it will be able to go into uncharted territory this year. Heres DeepSeeks answer. XRPUSD. Source: TradingView XRP...

The parents of the disgraced FTX co-founder Sam Bankman-Fried are looking into options to obtain a pardon for their son from former US President Donald Trump, according to a Bloomberg report. Stanford Law School professors Joseph Bankman and Barbara Fried have reportedly held discussions in recent weeks with attorneys and individuals linked to Trumps circle regarding potential clemency for their...

Historical data has shown that growing stablecoin liquidity is associated with sustained gains in the crypto market. This means that bitcoin’s next rally could be around the corner because stablecoin liquidity is expanding. According to a CryptoQuant report, liquidity impulse for Tether (USDT) and USD Coin (USDC) have begun to expand again, with the latter experiencing a growth pace not...