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Yen rushes to four-week high on strong demand
Yen rushes to four-week high on strong demand
May 27, 2025
The Japanese yen rose in Asian trade on Tuesday against a basket of major rivals, resuming gains against the dollar after a short hiatus and hitting a four-week high on strong haven demand amid concerns about US debt levels. Gains are also bolstered by the increasing odds of a Japanese interest rate hike in June in response to mounting inflationary...
US dollar tries to recover from five-week trough
US dollar tries to recover from five-week trough
May 27, 2025
The US dollar rose in European trade on Tuesday for the first time in three sessions against a basket of major rivals, as it tries to recover from five-week lows on short-covering. Now traders await important US data later today to assess the odds of future Fed rate cuts. The Index The dollar index rose 0.5% to 99.44, with a...
Euro backs off four-week high on profit-taking
Euro backs off four-week high on profit-taking
May 28, 2025
The euro fell in European trade on Wednesday against a basket of major rivals, extending losses for the second straight session against the US dollar and backing off a four-week high on profit-taking. Hot inflation data and bullish remarks from ECB officials led to divisions among policymakers on the rate decision in June, with investors awaiting German and Spanish inflation...
How does the Fed react to Trump's trade war?
How does the Fed react to Trump's trade war?
May 27, 2025
The Federal Reserve warned against increasing economic risks when it decided to hold interest rates unchanged in May. Fed Chair Jerome Powell focused on uncertainty for the worlds largest economy following Trumps aggressive tariff decisions during his post-Fed meeting speech this month. Now markets expect two interest rate cuts overall this year, with some even thinking that this is overly...
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US STOCKS SNAPSHOT-Wall Street opens lower after mixed tech earnings, Fed comments
US STOCKS SNAPSHOT-Wall Street opens lower after mixed tech earnings, Fed comments
Oct 30, 2025
Oct 30 (Reuters) - Wall Street's main stock indexes opened lower on Thursday after mixed earnings reports from large technology firms and comments from Federal Reserve Chair Jerome Powell sowed doubts about further rate cuts this year. At 09:30 a.m., the Dow Jones Industrial Average fell 196.40 points, or 0.41%, to 47,435.60, the S&P 500 lost 35.33 points, or 0.51%,...
Sector Update: Tech Stocks Decline Premarket Thursday
Sector Update: Tech Stocks Decline Premarket Thursday
Oct 30, 2025
09:19 AM EDT, 10/30/2025 (MT Newswires) -- Technology stocks were declining premarket Thursday, with the Technology Select Sector SPDR Fund (XLK) down 0.9% and the SPDR S&P Semiconductor ETF ( XSD ) 1% lower. Alphabet (GOOG) stock was up more than 7% after the company posted higher Q3 earnings and revenue. Meta Platforms ( META ) shares were down more...
Sector Update: Financial Stocks Edge Higher Pre-Bell Thursday
Sector Update: Financial Stocks Edge Higher Pre-Bell Thursday
Oct 30, 2025
09:25 AM EDT, 10/30/2025 (MT Newswires) -- Financial stocks were edging pre-bell Thursday, with The Financial Select Sector SPDR Fund (XLF) marginally advancing. The Direxion Daily Financial Bull 3X Shares ( FAS ) was up 0.2% and its bearish counterpart Direxion Daily Financial Bear 3X Shares ( FAZ ) was 0.3% lower. S&P Global ( SPGI ) stock was up...
Sector Update: Consumer Stocks Fall Pre-Bell Thursday
Sector Update: Consumer Stocks Fall Pre-Bell Thursday
Oct 30, 2025
09:20 AM EDT, 10/30/2025 (MT Newswires) -- Consumer stocks were falling pre-bell Thursday, with The Consumer Staples Select Sector SPDR Fund ( XLP ) down 0.2% and The Consumer Discretionary Select Sector SPDR Fund ( XLY ) 1.3% lower. Kimberly-Clark ( KMB ) shares were up more than 3% after the company reported higher Q3 net sales that also topped...
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Blink Charging Signs Term Sheet With Axxeltrova for $135.6 Million Special Purpose Vehicle
Blink Charging Signs Term Sheet With Axxeltrova for $135.6 Million Special Purpose Vehicle
Jul 10, 2025
09:00 AM EDT, 07/10/2025 (MT Newswires) -- Blink Charging ( BLNK ) said Thursday it has signed a non-binding term sheet with private equity firm Axxeltrova for a 100 million British pounds ($135.6 million) special purpose vehicle to accelerate deployment of EV charging infrastructure across the UK. Under the term sheet signed on June 20, the special purpose vehicle will...
Oil Trades Lower on Rising Supply and Concerns Over U.S. Trade Policies
Oil Trades Lower on Rising Supply and Concerns Over U.S. Trade Policies
Jul 10, 2025
08:55 AM EDT, 07/10/2025 (MT Newswires) -- Oil prices fell for the first time in four sessions early on Thursday on rising U.S. inventories and expectations capricious U.S. tariff policies are likely to slow global growth. West Texas Intermediate crude oil for August delivery was last seen down US$0.51 to US$67.87 per barrel, while September Brent crude was down US$0.43...
Ulta Beauty Expands Overseas, Adds UK's Space NK To Its Empire
Ulta Beauty Expands Overseas, Adds UK's Space NK To Its Empire
Jul 10, 2025
Ulta Beauty, Inc. ( ULTA ) made a strategic move into the United Kingdom on Thursday by acquiring leading British beauty retailer Space NK Limited. The U.S.-based cosmetics giant announced that it purchased Space NK from investment firm Manzanita Capital, which specializes in backing beauty brands. Terms of the acquisition were not disclosed. However, the company mentioned that the transaction...
K Wave Media Secures Up to $500 Million Financing From Anson Funds
K Wave Media Secures Up to $500 Million Financing From Anson Funds
Jul 10, 2025
08:55 AM EDT, 07/10/2025 (MT Newswires) -- K Wave Media ( KWM ) said Thursday that Anson Funds will provide up to $500 million in financing under their convertible note agreement. The company said the first tranche will be the sale of $15 million in senior secured convertible notes and warrants to Anson Investments Master Fund and Anson East Master...
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Here’s How Much Institutions Can Pour in Spot Ethereum ETFs Initially (Report)
Here’s How Much Institutions Can Pour in Spot Ethereum ETFs Initially (Report)
Jun 5, 2024
Traders positions reveal a moderate degree of excitement surrounding spot Ethereum ETFs. Despite a relatively uneventful week, the anticipated arrival of these funds is expected to mirror the explosive path witnessed during the launch of Bitcoin ETFs, according to K33 research. In fact, projections from the research firm suggest that spot Ethereum ETFs could potentially witness an estimated $4 billion...
Gold (XAU/USD) Looking Technically Oversold, US Data, NFPs Key for Next Move
Gold (XAU/USD) Looking Technically Oversold, US Data, NFPs Key for Next Move
Jun 5, 2024
Gold (XAU/USD) Analysis and Chart Recommended by Nick Cawley Get Your Free Gold Forecast CCI indicator is at its lowest level since early May.Weaker US Treasury yields should underpin the precious metal.US ISM and the latest US Jobs Report will drive the next move.Gold is slightly better bid in mid-morning trade, aiming to establish a near-term base just below the...
Important Shiba Inu Metric Soars by 100% Amid SHIB Price Rally: Details
Important Shiba Inu Metric Soars by 100% Amid SHIB Price Rally: Details
Jun 5, 2024
TL;DR Shiba Inu (SHIB) surged by 10% on June 5, with a significant spike in whale activity. The rally could also be attributed to the meme coins burning mechanism and advancements in Shibarium. SHIB on the Move Again The cryptocurrency market has been flourishing today (June 5), with Shiba Inu (SHIB) being one of the best performers. Its price pumped...
US Spot Bitcoin ETFs Record Second
US Spot Bitcoin ETFs Record Second
Jun 5, 2024
On June 4, U.S. spot Bitcoin exchange-traded funds (ETFs) recorded a total inflow of $886.6 million. This marks the highest net inflows seen by the funds since March 12, when a record of $1.04 billion was achieved. Notably, bitcoin reached an all-time high of $73,679 a day later, on March 13. Fidelity Leads with $378M Inflows According to data from...
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