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Yield Curve Inversion and its Economic Implications
Yield Curve Inversion and its Economic Implications
Apr 25, 2024
Yield Curve Inversion and its Economic Implications Yield curve inversion occurs when short-term debt instruments have higher yields than long-term instruments of the same credit quality. In the United States, this typically refers to the relationship between the yields of US Treasury bonds with different maturities. When the yield curve inverts, it shows that investors are willing to accept lower...
Dollar tumbles to two-week lows ahead of US growth data
Dollar tumbles to two-week lows ahead of US growth data
Apr 25, 2024
Dollar fell in European trade on Thursday against a basket of major rivals, resuming losses and plumbing two-week lows as demand slowed down and risk appetite rebounded. Now markets await important US growth data later today for the first quarter of the year, which will help determine the likely path ahead for US interest rates. The Price The dollar index...
Euro scales 16-year peak against yen
Euro scales 16-year peak against yen
Apr 25, 2024
Euro rallied in Asian trade on Thursday against the yen, extending gains for the fifth straight session, and hitting 16-year highs after trading above 166 yen for the first time since 2008. The yen is suffering from the persistent interest rate gap between Europe and Japan, which will likely remain fixed for an extended duration. EUR/JPY EUR/JPY rose 0.5% to...
Sterling surges to 16-year peak against yen
Sterling surges to 16-year peak against yen
Apr 26, 2024
Sterling rose in European trade on Friday against a basket of major rivals, extending gains for the fourth straight session against the yen, and scaling a 16-year peak and trading above the psychological barrier of 200 yen for the first time since 2008. The UK-Japan interest rate gap is expected to hold for an extended duration in favor of the...
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Wall St Week Ahead-Rising investor angst about economy to be tested by US jobs data
Wall St Week Ahead-Rising investor angst about economy to be tested by US jobs data
Feb 28, 2025
* February jobs report due on March 7, increase of 133,000 jobs expected * Weakening US consumer, business indicators signal caution * Investors assessing fallout from Trump plans to shrink federal workforce By Lewis Krauskopf Feb 28 (Reuters) - The stakes are high for the monthly U.S. jobs report in the coming week, as investors gauge whether a string of...
GRAPHIC-U.S. equity funds gain sharp inflows despite tariff concerns
GRAPHIC-U.S. equity funds gain sharp inflows despite tariff concerns
Feb 28, 2025
Feb 28 (Reuters) - Investors increased their holdings in U.S. equity funds over the week to February 26, buoyed by confidence in the economy's resilience and expectations of a Federal Reserve rate cut later this year to stimulate growth. Dismissing concerns over tariffs, investors acquired a net $19.71 billion worth of U.S. equity funds during the week, registering their largest...
Rising investor angst about economy to be tested by US jobs data
Rising investor angst about economy to be tested by US jobs data
Feb 28, 2025
(Reuters) - The stakes are high for the monthly U.S. jobs report in the coming week, as investors gauge whether a string of worrisome data is signaling significant concern about the economy. The benchmark S&P 500 stock index has pulled back 4% from its all-time high reached earlier this month, while falling Treasury yields and a slide in bitcoin are...
Russian rouble weakens versus dollar as impact of Russia-US talks wanes
Russian rouble weakens versus dollar as impact of Russia-US talks wanes
Feb 28, 2025
MOSCOW, Feb 28 (Reuters) - The Russian rouble weakened against the U.S. dollar and the Chinese yuan on Friday, losing support from corporate tax payments at the end of the month, as the influence of Russia-U.S. talks on the currency market began to wane. At 1125 GMT, the rouble was down 0.9% at 87.75 against the dollar in the over-the-counter...
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Flowserve Acquires LNG Pumps Tech From NexGen Cryogenic
Flowserve Acquires LNG Pumps Tech From NexGen Cryogenic
Jul 23, 2024
05:44 PM EDT, 07/23/2024 (MT Newswires) -- Flowserve ( FLS ) late Tuesday said it acquired the intellectual property and in-process research and development of cryogenic liquefied natural gas submerged pump technology, systems and packaging from NexGen Cryogenic Solutions. NexGen specializes in the engineering, design and testing of LNG pumps and cold energy recovery turbines. Flowserve ( FLS ) expects...
BRIEF-NewGenIvf Provides Update On Potential Reverse Merger With COVIRIX
BRIEF-NewGenIvf Provides Update On Potential Reverse Merger With COVIRIX
Jul 23, 2024
July 23 (Reuters) - NewGenIvf Group Ltd ( NIVF ): * NEWGENIVF PROVIDES UPDATE ON POTENTIAL REVERSE MERGER WITH COVIRIX * NEWGENIVF GROUP ( NIVF ): ANTICIPATES COMPLETING PROPOSED DEAL BY AUGUST 2024 END Source text for Eikon: Further company coverage: ...
BRIEF-KKR To Acquire Janney Montgomery Scott From Penn Mutual
BRIEF-KKR To Acquire Janney Montgomery Scott From Penn Mutual
Jul 23, 2024
July 23 (Reuters) - KKR & Co Inc ( KKR ): * KKR TO ACQUIRE JANNEY MONTGOMERY SCOTT FROM PENN MUTUAL * KKR & CO INC ( KKR ): FOLLOWING CLOSE OF TRANSACTION JANNEY WILL BECOME STANDALONE PRIVATE CO THAT WILL CONTINUE TO OPERATE INDEPENDENTLY. Source text for Eikon: Further company coverage: ...
TechnipFMC Gets Flexible Pipe Contract From Petrobras
TechnipFMC Gets Flexible Pipe Contract From Petrobras
Jul 23, 2024
05:43 PM EDT, 07/23/2024 (MT Newswires) -- TechnipFMC ( FTI ) said late Tuesday it received a substantial contract from Petrobras (PBR) to supply flexible pipe for the pre-salt fields offshore Brazil. TechnipFMC ( FTI ) defines a substantial contract as one that ranges between $250 million and $500 million in value. The company said the contract covers the design,...
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BNB Hits New High, Meme Stocks Soar, ETH ETFs See Inflows: Binance Report
BNB Hits New High, Meme Stocks Soar, ETH ETFs See Inflows: Binance Report
Jul 27, 2025
This past week, a fresh wave of retail euphoria swept through U.S. equities and crypto markets, with meme stocks roaring back into vogue and altcoins teasing the arrival of a long-awaited altseason. According to the latest Binance Research report, the risk-on sentiment was powered by strong economic data, AI-driven tech optimism, and institutional crypto flows, especially into Ethereum (ETH) ETFs....
$17M IT Worker Fraud: Arizona Woman Sentenced for Aiding North Korea
$17M IT Worker Fraud: Arizona Woman Sentenced for Aiding North Korea
Jul 27, 2025
A lengthy sentence, along with hefty fees, is what awaits a resident of the southwestern U.S. state who facilitated the hiring of numerous people using stolen identities. The rise of the DPRK threat is a global concern, and its tactics are becoming increasingly sophisticated. Details on The Arrest A press release shared by the Office of Public Affairs in the United...
Trump’s EU Trade Deal Sparks Crypto Surge: BTC Nears $120K, BNB Breaks ATH
Trump’s EU Trade Deal Sparks Crypto Surge: BTC Nears $120K, BNB Breaks ATH
Jul 27, 2025
Just a few weeks after announcing new 30% tariffs against the European Union and Mexico, US President Donald Trump sat down with the formers leader to discuss deal terms. The meeting between Ursula von der Leyen and Trump in Turnberry, Scotland, appeared to be productive, as both parties said they reached a framework for a trade deal. According to details...
$3.1 Billion in Crypto Lost in 2025’s Painful First Half: Hacken
$3.1 Billion in Crypto Lost in 2025’s Painful First Half: Hacken
Jul 27, 2025
Halfway through 2025, the crypto industry has already suffered over $3.1 billion in losses from hacks, scams, and exploitations. According to Hackens latest report, this year has emerged as one of the most damaging in recent memory. Access-Control Exploits Dominate Losses The latest figure surpasses last years $2.85 billion by over 6%, as security lapses across the sector continue. In...
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