Aussie Inflation Data Remains Mixed as Electricity Rebate Artificially Lowers CPI Australian inflation rose at an annual pace of 3.5% in July, down from 3.8% in June according to the Australian Bureau of Statistics. The data point was slightly above the 3.4% estimate and while it looks encouraging at face value, much of the drop was due to rebates for...

The US dollar rose in European trade on Friday against a basket of major rivals, resuming gains after a short hiatus, and approaching three-month highs once more. The gains come amid a surge in US 10-year treasury yields after bullish remarks from some Fed officials, and strong US data, which hurt the odds of an aggressive pace for US interest...

The yen fell in European trade on Wednesday against a basket of major rivals, sharpening the losses for the third straight session against the US dollar and hitting three-month lows amid concerns about a wider US-Japan gap in government treasury yields. Recent bearish remarks from Japanese officials hurt the odds of a third BOJ interest rate hike this year, while...

The Japanese yen skidded in Asian trade on Monday to three-month lows against the US dollar, after the election loss by the current Japanese parliamentary governing coalition, which could impede future interest rate hikes by the Bank of Japan. The yen is also pressured by a surge in US 10-year treasury yields, amid speculation about a cautious stance by the...

Stock Market Highlights: Indian shares held gains in a choppy trading session on Tuesday after bank index turned negative. However, global markets continued to remain positive after data from an early-stage trial for a coronavirus vaccine lifted hopes. Nifty PSU Bank slipped 2.59 percent while media, metal and auto indexes rose over a percent each.

The Indian market is likely to open flat or slightly higher on Wednesday following mixed trade in the global markets. At 7:24 am, the SGX Nifty traded 18 points higher at 8,919, indicating a flat-to-positive start for the Sensex and Nifty50.

The Indian market is likely to open flat on Wednesday amid mixed global cues as investors await the release of China’s benchmark lending rates. At 7:05 am, the SGX Nifty was trading 9.50 points or 0.11 percent higher at 8,910.50, indicating a flat-to-positive start for the Sensex and Nifty50.

The price action and fundaments suggest that Gold is on its mark to set new highs.

Silver Price Analysis Expected Scenario Silver price shows sideways trades since morning, and as long as the price is below 30.06$, our bearish overview will remain valid as it is without any change for today, noting that we are waiting to break 29.30$ to confirm extending the bearish wave towards 28.55$ as a next target, while stochastic positivity interprets the...

Bitcoin Price Analysis (BTCUSD) Expected Scenario Bitcoin price (BTCUSD) trades with strong negativity to succeed reaching the thresholds of our waited target at 60330.00$, and the way seems open to surpass this level and achieve more bearish correction on the intraday and short-term basis, noting that confirming the break will push the price towards 56160.00$ as a next main station....

Gold Price Analysis Expected Scenario Gold price settles below 2340.10$ level, and didnt show any strong move since morning, to keep the bearish trend scenario valid and active for today, which depends on the price stability below the mentioned level, supported by the EMA50, reminding you that we are waiting to visit 2272.06$ as a next main target. Expected Trading...

Ethereum Price Analysis (ETHUSD) Expected Scenario Ethereum price (ETHUSD) broke 3360.31$ level strongly and attempts to hold below it, reinforcing the expectations of continuing the domination of the bearish trend, reminding you that our next negative station reaches 3132.80$. The EMA50 keeps supporting the suggested bearish wave, which will remain valid conditioned by the price stability below 3360.31$ that represents...

The cases were lodged against Union Minister of State Rajeev Chandrasekhar over his controversial social media posts following the blasts at a convention centre in Kochi during a prayer meeting of Christian religious group Jehovah's Witnesses.

The Karnataka Assembly election results threw up an unexpected suspense on Tuesday, as a simple majority tantalisingly eluded BJP and...

Rajasthan Election Exit Poll Results 2023: The exit poll results will be announced on Thursday, November 30, at 6.30 pm after voting in Telangana gets over. Rajasthan is known for its anti-incumbency, with the state swinging between the BJP and Congress in the past elections.

The Madhya Pradesh Assembly election exit poll results will be streamed live on all News18 network channels, including CNBCTV18, after 6.30PM on Thursday, November 30.

09:17 AM EDT, 04/15/2024 (MT Newswires) -- Equinix ( EQIX ) and insurance giant Prudential Financial's ( PRU ) property investment arm, PGIM Real Estate, said Monday that they have entered into a $600 million joint venture to build and operate xScale data center SV12x in California's Silicon Valley. SV12x will be build out in two phases and is anticipated...

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09:20 AM EDT, 04/15/2024 (MT Newswires) -- Beacon Roofing Supply ( BECN ) said Monday that it has completed its acquisition of General Siding Supply. The acquisition includes General Siding Supply's headquarters in Omaha, as well as four branches in Lincoln, Nebraska, Grand Island, Nebraska, Sioux City, Iowa, and West Fargo, North Dakota, according to Beacon. Financial terms were not...

Trump Media & Technology Group Corp ( DJT ) shares are trading lower Monday after the company filed a prospectus related to the issuance of millions of shares of additional stock. What To Know: Former President Donald Trump’s Trump Media & Technology Group ( DJT ), which is behind the Truth Social platform, has filed for the potential issuance of...

A spot crypto ETF would track the market price of the underlying crypto asset, giving investors exposure to the token without having to buy the currency. The SEC has previously denied all spot bitcoin ETF applications citing potential for fraud, but that could soon change after it lost a legal battle in August.

Negotiations between the Justice Department and Binance include the possibility that its founder Changpeng Zhao would face criminal charges in the US under an agreement to resolve the probe into alleged money laundering, bank fraud and sanctions violations, according to the Bloomberg.

The crypto market is experiencing one of its longest, most bitter winters in recent history. It has caused a massive...

Bankman-Fried was found guilty of seven counts of fraud and conspiracy after jurors in Manhattan deliberated for less than five hours Thursday.