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Aussie Dollar Reaction: RBA's Firm Stance Collides with Troubling Inflation Expectations
Aussie Dollar Reaction: RBA's Firm Stance Collides with Troubling Inflation Expectations
May 8, 2024
Australian Dollar (AUD/USD) Analysis RBA keeps rates unchanged, surprising marketsInflation proves stubborn, with elevated levels expected until 2025AUD/USD pulls back - AUD more broadly, may find support from interest rate differentials (longer-term)Potential stabilization and benefits for the Aussie dollar amid global risk appetiteGet your hands on the Aussie dollar Q2 outlook today for exclusive insights into key market catalysts that...
FTSE 100 Makes yet Another Record High while DAX and S&P 500 Rally is Slowing Down
FTSE 100 Makes yet Another Record High while DAX and S&P 500 Rally is Slowing Down
May 8, 2024
FTSE 100, DAX 40, SP 500 Analysis and Charts ​​​FTSE 100 hits yet another record high ​The FTSE 100 has so far seen four straight days of gains with each making a new record high ahead of this morning’s, the fifth day in a row around the 8,350 mark. Further up beckons the 8,500 region. ​The tentative April-to-May uptrend line...
Yen heads for weekly loss as intervention momentum from Japanese authorities fade
Yen heads for weekly loss as intervention momentum from Japanese authorities fade
May 9, 2024
Yen fell in Asian trade on Friday against a basket of major rivals, resuming losses against the dollar after a short hiatus and heading for a weekly loss as intervention momentum from Japanese authorities faded. The losses came even as Japanese authorities issued a new series of warnings about the weakness of the local currency and irregular movements. However, markets...
EUR/USD, USD/JPY, GBP/USD – Technical Analysis and Price Outlook
EUR/USD, USD/JPY, GBP/USD – Technical Analysis and Price Outlook
May 9, 2024
Want to know where EUR/USD may be headed over the coming months? Explore key insights in our second-quarter forecast. Request your free trading guide now! Recommended by Diego Colman Get Your Free EUR Forecast EUR/USD FORECAST - TECHNICAL ANALYSIS EUR/USD pushed higher on Thursday after bouncing off technical support at 1.0725, with prices challenging a key ceiling near 1.0790, where...
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Morgan Stanley raises Chinese stock targets again on earnings optimism
Morgan Stanley raises Chinese stock targets again on earnings optimism
Mar 25, 2025
SHANGHAI, March 26 (Reuters) - Wall Street firm Morgan Stanley ( MS ) raised on Wednesday its index targets for Chinese shares for the second time this year, citing improved earnings growth forecasts and a more optimistic outlook for the economy and currency. The bank upgraded its year-end index targets for Hong Kong's benchmark Hang Seng Index, Hang Seng China...
Russian rouble up slightly vs US dollar amid uncertainty over Black Sea deal
Russian rouble up slightly vs US dollar amid uncertainty over Black Sea deal
Mar 26, 2025
MOSCOW, March 26 (Reuters) - The Russian rouble rose slightly against the U.S. dollar on Wednesday after Russia said a Black Sea safe navigation deal is subject to the lifting of Western sanctions on food and fertilizer exports and other conditions. By 0830 GMT, the rouble was up 0.5% at 84.20 against the dollar in the over-the-counter market. The Russian...
Siemens Energy sells most of Indian wind unit to TPG-led investor group
Siemens Energy sells most of Indian wind unit to TPG-led investor group
Mar 26, 2025
FRANKFURT, March 26 (Reuters) - Siemens Energy will sell 90% of its wind turbine business in India and Sri Lanka to an investor group led by the climate investment arm of buyout group TPG, it said on Wednesday, in a push to focus on what it sees as core markets. No financial details were disclosed. Shares in Siemens Energy rose...
Japan's Nikkei rises as Trump signals flexibility in new US tariffs
Japan's Nikkei rises as Trump signals flexibility in new US tariffs
Mar 25, 2025
TOKYO, March 26 (Reuters) - Japan's Nikkei share average rose on Wednesday as investors held on to hopes that U.S. President Donald Trump may approach tariffs with more flexibility than previously anticipated while announcing more reciprocal levies next week. The Nikkei was up 0.3% to 37,890.15 by the midday break, putting it on track for a second consecutive day of...
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Rajasthan: Gehlot government begins Rs 2,500 cr dam project for Sabarmati, Sei rivers ahead of polls
Rajasthan: Gehlot government begins Rs 2,500 cr dam project for Sabarmati, Sei rivers ahead of polls
Mar 1, 2023
On Tuesday, the Gehlot government invited bids for both projects to build the dams within the next four years. The chief minister had announced both projects in last year’s budget.
ED attaches over Rs 10-crore assets in resort scam involving ex-Maha minister Anil Parab
ED attaches over Rs 10-crore assets in resort scam involving ex-Maha minister Anil Parab
Jan 4, 2023
The probe pertains to Dapoli resort, which is allegedly illegal. The former minister and Shiv Sena (Uddhav) leader, Anil Parab, allegedly wangled a permit to use land meant for agricultural use. The ED had started the investigation under the the Prevention of Money Laundering Act (PMLA) after a complaint from the Environment Ministry.
What is the debate over Biodiversity Bill, likely to be tabled in monsoon session of Parliament
What is the debate over Biodiversity Bill, likely to be tabled in monsoon session of Parliament
Jul 12, 2023
The new bill exempts registered AYUSH practitioners and people accessing codified traditional knowledge, from sharing benefits with local communities or giving prior intimation to state biodiversity boards before accessing biological resources.
Govt blames inaction by AAP in Punjab, Delhi for bad air quality
Govt blames inaction by AAP in Punjab, Delhi for bad air quality
Nov 6, 2023
Accusing Kejriwal of being busy with election campaigning in poll-bound states and waking up to the situation late, Minister of State for Consumer Affairs, Food, and Public Distribution, Ashwini Kumar Choubey, said that the Centre had held a meeting with Chief Secretaries and senior officials from four North Indian states on 20th October to discuss measures to reduce air pollution, which he claims weren't adopted by the AAP-led governments.
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Meta's Instagram down for thousands, Downdetector shows
Meta's Instagram down for thousands, Downdetector shows
Mar 21, 2024
March 21 (Reuters) - Meta Platforms's ( META ) Instagram was down for thousands of users on Thursday, according to outage tracking website Downdetector.com. ...
Oil eases on possible Gaza ceasefire, dollar strength
Oil eases on possible Gaza ceasefire, dollar strength
Mar 21, 2024
SINGAPORE (Reuters) -Oil prices slipped on Friday on the possibility of a nearing Gaza ceasefire that could ease geopolitical concerns in the Middle East, while a stronger dollar and faltering U.S. gasoline demand also weighed on prices. Brent crude futures fell 42 cents, or 0.5%, to $85.36 a barrel by 0203 GMT. U.S. crude futures shed 40 cents, or 0.5%,...
Hong Kong-listed Samsonite plans dual listing in hunt for investors
Hong Kong-listed Samsonite plans dual listing in hunt for investors
Mar 21, 2024
(Reuters) -Luggage maker Samsonite International ( SMSOF ) on Friday said it plans to pursue a dual listing in addition to its listing on the Hong Kong Stock Exchange to increase the liquidity of its shares and reach investors in more markets. Samsonite ( SMSOF ) did not provide details of the exchanges it is considering for the second listing,...
UN adopts first global artificial intelligence resolution
UN adopts first global artificial intelligence resolution
Mar 21, 2024
(Reuters) -The United Nations General Assembly on Thursday unanimously adopted the first global resolution on artificial intelligence that encourages countries to safeguard human rights, protect personal data, and monitor AI for risks. The nonbinding resolution, proposed by the United States and co-sponsored by China and over 120 other nations, also advocates the strengthening of privacy policies. Today, all 193 members...
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