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Aussie parks at two month highs even as Australian wages slow down
Aussie parks at two month highs even as Australian wages slow down
May 14, 2024
The Australian dollar rose in European trade on Wednesday against a basket of major rivals, extending gains for the third straight session against the US dollar and hitting a two-month high amid mounting risk appetite. Such considerations overshadowed earlier data that showed Australian wages slowed down in the first quarter of the year, in turn reducing pressures on the Reserve...
FTSE 100 trades in new record highs with DAX 40 and S&P 500 close on its heels
FTSE 100 trades in new record highs with DAX 40 and S&P 500 close on its heels
May 15, 2024
Major Indices Analysed FTSE 100 achieves a new all-time highDAX within reaching distance of record highSP 500 makes gains ahead of US CPLooking for actionable trading ideas? Download our top trading opportunities guide packed with insightful tips for the second quarter! Recommended by Axel Rudolph Get Your Free Top Trading Opportunities Forecast FTSE 100 makes yet another record high The...
EUR/USD Breaks Out, USD/JPY in Tailspin After Benign US Inflation Report
EUR/USD Breaks Out, USD/JPY in Tailspin After Benign US Inflation Report
May 15, 2024
Most Read: US Breaking News - US CPI Prints Largely in Line with Estimates, USD Dips The U.S. dollar fell sharply on Wednesday, weighed down by a significant drop in U.S. Treasury yields following the release of softer-than-anticipated April U.S. consumer price index data, which revived hopes that the disinflationary trend that began in late 2023 but stalled earlier this...
USD, Nasdaq and Yields – How are Major Markets Positioned Ahead of US CPI?
USD, Nasdaq and Yields – How are Major Markets Positioned Ahead of US CPI?
May 15, 2024
Analysis: USD, Nasdaq 100 and Treasury Yields US CPI is expected to ease slightly – focus is on the monthly measureUSD eases ahead of the CPI dataNasdaq continues the risk rally with the all-time high within touching distanceThe analysis in this article makes use of chart patterns and key support and resistance levels. For more information visit our comprehensive education...
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Sector Update: Energy
Sector Update: Energy
Jun 9, 2025
01:24 PM EDT, 06/09/2025 (MT Newswires) -- Energy stocks were higher Monday afternoon, with the NYSE Energy Sector Index up 0.9% and the Energy Select Sector SPDR Fund (XLE) rising 1.1%. The Philadelphia Oil Service Sector index climbed 2.1%, and the Dow Jones US Utilities index was fractionally higher. Front-month West Texas Intermediate crude oil rose 0.4% to $64.83 a...
US Stocks Advance as Trade Talks Begin With China, Treasury Yields Decline
US Stocks Advance as Trade Talks Begin With China, Treasury Yields Decline
Jun 9, 2025
01:38 PM EDT, 06/09/2025 (MT Newswires) -- US stocks rose in midday trading Monday as trade tariff talks began with China and after most government bond yields fell amid declining inflation expectations. The Nasdaq rose 0.4% to 19,604.4, and the S&P 500 climbed 0.3% to 6,015.7. The Dow Jones Industrial Average was up 0.2% to 42,849.1 after trading lower earlier...
Sector Update: Energy Stocks Gain Monday Afternoon
Sector Update: Energy Stocks Gain Monday Afternoon
Jun 9, 2025
01:57 PM EDT, 06/09/2025 (MT Newswires) -- Energy stocks were higher Monday afternoon, with the NYSE Energy Sector Index up 0.9% and the Energy Select Sector SPDR Fund (XLE) rising 1.1%. The Philadelphia Oil Service Sector index climbed 2.1%, and the Dow Jones US Utilities index was fractionally higher. Front-month West Texas Intermediate crude oil rose 0.4% to $64.83 a...
Sector Update: Financial
Sector Update: Financial
Jun 9, 2025
01:34 PM EDT, 06/09/2025 (MT Newswires) -- Financial stocks were lower in Monday afternoon trading, with the NYSE Financial Index and the Financial Select Sector SPDR Fund (XLF) each shedding about 0.3% The Philadelphia Housing Index was climbing 1.2%, and the Real Estate Select Sector SPDR Fund (XLRE) added 0.5%. Bitcoin (BTC-USD) was up 2.5% at $108,385, and the yield...
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'External impact' damages Russian Baltic Sea telecoms cable, TASS reports
'External impact' damages Russian Baltic Sea telecoms cable, TASS reports
Feb 8, 2025
Feb 8 (Reuters) - An underwater Russian Baltic Sea telecoms cable was damaged by an external impact, Russia's TASS news agency cited the country's state-owned Rostelecom company as saying on Saturday. Rostelecom's submarine cable was damaged in the Baltic Sea as a result of an external impact some time ago, TASS cited Rostelecom as saying. Restoration work is under way...
Taiwan sends officials to US to discuss possible Trump tariffs
Taiwan sends officials to US to discuss possible Trump tariffs
Feb 7, 2025
TAIPEI, Feb 8 (Reuters) - Taiwan has sent officials to Washington to discuss possible U.S. tariffs by President Donald Trump, and has made preparations should they be imposed, Economy Minister Kuo Jyh-huei said on Saturday. Tech firms in Taiwan, home to the world's largest contract chipmaker TSMC, face the possibility Trump will follow through on threats to put tariffs on...
JPMorgan Chase Bank Account Freeze Pushes Miami Business Owner to Bankruptcy
JPMorgan Chase Bank Account Freeze Pushes Miami Business Owner to Bankruptcy
Feb 9, 2025
A Miami-based entrepreneur was pushed to the brink of bankruptcy due to a nine-month-long freeze on his $65,000 by Chase Bank. What Happened: Sean May, a customer of Chase Bank, was unable to access his funds due to a suspected fraud. The funds were from a $65,000 check issued by the US government. According to a report, despite presenting a...
A Glimpse Into The Expert Outlook On Lantronix Through 4 Analysts
A Glimpse Into The Expert Outlook On Lantronix Through 4 Analysts
Feb 7, 2025
In the preceding three months, 4 analysts have released ratings for Lantronix ( LTRX ) , presenting a wide array 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 4 0...
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