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Euro heads higher towards six-week high against the dollar
Euro heads higher towards six-week high against the dollar
Jun 9, 2025
The euro rose in European trade on Monday against a basket of major rivals, resuming gains against the dollar and moving once more towards a six-week high as the odds of an ECB rate cut in July receded. The gains come after the Trump-Xi phone call last week, with both sides agreeing to resume trade talks in London later today....
Yen rebounds before US-China trade talks
Yen rebounds before US-China trade talks
Jun 9, 2025
The Japanese yen rose in Asian trade on Monday against a basket of major rivals, recovering from a week low against the dollar on haven demand ahead of a new round of trade talks between the US and China. Recent Tokyo data showed the Japanese GDP grew better than expected in the first quarter of the year, bolstering the odds...
Yen ekes out gains after GDP data
Yen ekes out gains after GDP data
Jun 9, 2025
The yen rose against most major rivals on Monday following a batch of positive data. Japans GDP was unchanged in the first quarter, beating estimates of a 0.2% contraction. Lending by Japanese banks rose 2.4% last month, slightly above estimates. On trading, the dollar fell 0.2% against the yen as of 20:23 GMT to 144.5. Aussie The Australian dollar rose...
US dollar heads towards weekly loss
US dollar heads towards weekly loss
Jun 6, 2025
The dollar is heading for a weekly loss today amid a weak US economic performance and little progress in trade talks with global partners. Investors are closely assessing the US payrolls report released today to gauge the path ahead for the Feds monetary policies, with recent data so far showing the economy is facing increasing inflationary pressures and slower growth....
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US Equity Indexes Drop as Inflation Worries Hit Risk Sentiment
US Equity Indexes Drop as Inflation Worries Hit Risk Sentiment
Mar 28, 2025
12:31 PM EDT, 03/28/2025 (MT Newswires) -- US equity indexes fell after the Federal Reserve's preferred inflation measure grew more than forecast, exacerbating concerns related to price pressures building in the economy ahead of reciprocal tariffs to be announced next week. The Nasdaq Composite fell 2.5% to 17,360.1, with the S&P 500 down 1.8% to 5,591.2 and the Dow Jones...
Dow Tumbles Over 500 Points; Abacus Global Management Shares Spike Higher
Dow Tumbles Over 500 Points; Abacus Global Management Shares Spike Higher
Mar 28, 2025
U.S. stocks traded lower midway through trading, with the Dow Jones index falling more than 500 points on Friday. The Dow traded down 1.21% to 41,788.66 while the NASDAQ fell 2.11% to 17,424.77. The S&P 500 also fell, dropping, 1.49% to 5,608.74. Check This Out: Jim Cramer: Stryker Is A ‘Good’ Company, Says He Likes This Utilities Stock Leading and...
UBS joins Wall Street firms in cutting S&P 500's annual target to below 6500
UBS joins Wall Street firms in cutting S&P 500's annual target to below 6500
Mar 28, 2025
(Reuters) - UBS Global Wealth Management cut the S&P 500's 2025 target to below the 6,500 mark, widely mirroring actions from other Wall Street firms including Barclays and Goldman Sachs, due to the economic impact of U.S. tariffs. The wealth management unit of European bank UBS, cut its year-end index target to 6,400 from 6,600 even as it holds an...
TSX Down 306 Points at Midday -- Miners, Tech Stocks Post Biggest Declines
TSX Down 306 Points at Midday -- Miners, Tech Stocks Post Biggest Declines
Mar 28, 2025
12:24 PM EDT, 03/28/2025 (MT Newswires) -- The Toronto Stock Exchange is down near 306 points at midday with most sectors lower. Utilities, up 0.3%, is the sole gainer. Miners and info tech, down 2.7% and 2.3% respectively, are the biggest decliners. U.S. President Donald Trump on social media confirmed he had spoken With Canada Prime Minister Mark Carney this...
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The NZDCAD confirms the positivity – Forecast today – 28-5-2024
The NZDCAD confirms the positivity – Forecast today – 28-5-2024
May 27, 2024
NZDCAD Price Analysis Expected Scenario The NZDCAD price provided new positive close above 0.8285 support line to notice forming strong bullish waves to surpass 0.8345 barrier and achieve clear gains by reaching 0.8400. The bullish overview depends on 0.8345 level forming additional support, noting that the major indicators provide the positive momentum to ease the mission to record additional gains,...
The GBPJPY keeps the positivity – Forecast today – 28-5-2024
The GBPJPY keeps the positivity – Forecast today – 28-5-2024
May 27, 2024
GBPJPY Pair Analysis Expected Scenario The GBPJPY pair resisted the negative pressures recently by settling within the minor bullish channel again, forming some new positive waves to approach the historical high by touching 200.40 and holding near it. The price needs to hold above 199.10 support line and start gathering the additional positive momentum to ease the mission of breaching...
The EURJPY continues the positive crawl – Forecast today – 28-5-2024
The EURJPY continues the positive crawl – Forecast today – 28-5-2024
May 27, 2024
EURJPY Pair Analysis Expected Scenario The EURJPY pair confirmed keeping the main bullish track by forming new bullish crawl to reach 170.50 in attempt to reach the main waited target at 170.70. Note that the frequent stability above 169.60 and stochastic positive momentum support the bullish track, to keep waiting to surpass 170.70 and record additional gains that might extend...
Natural gas price begins the correction – Forecast today – 28-5-2024
Natural gas price begins the correction – Forecast today – 28-5-2024
May 27, 2024
Natural Gas Price Analysis Expected Scenario The Natural gas price postponed the bullish attack and started the negative correction due to crawling below the 2.930$ level recently, noticing some losses by crawling towards 2.750$. Continuous negative closings below 2.900$ resistance and stochastic attempts to crawl towards the oversold areas confirm the preparation to form additional negative waves to target 2.640$...
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Tata Power Renewable Energy wins 200-MW project in collaboration with SJVN
Tata Power Renewable Energy wins 200-MW project in collaboration with SJVN
Nov 28, 2023
The firm and dispatchable renewable energy (FDRE) project, designed with a hybrid of solar, wind, and battery storage, is aimed at providing a stable and dispatchable energy supply during peak hours. Shares of Tata Power Company Ltd ended at ₹270.75, up by ₹12.60, or 4.88%, on the BSE.
Suzlon's S144–3 MW wind turbines get big boost from Indian government
Suzlon's S144–3 MW wind turbines get big boost from Indian government
Nov 15, 2023
Th Suzlon wind turbines received the RLMM (Revised List of Models & Manufacturers) listing from the Ministry of New and Renewable Energy, marking an important milestone for the successful commercialisation of the product. Shares of Suzlon Energy Ltd ended at ₹40.49, up by ₹1.85, or 4.79%, on the BSE.
SJVN secures 200-MW wind power project at ₹3.24 per unit
SJVN secures 200-MW wind power project at ₹3.24 per unit
Nov 16, 2023
Projected to generate 482 million units in its inaugural year post-commissioning, the cumulative energy generation over a 25-year span is anticipated to reach 12,050 million units. Shares of SJVN Ltd ended at ₹75.17, down by ₹0.50, or 0.66%, on the BSE.
How Zara and H&M are trying to clean up fast fashion's messy carbon footprint — are they serious about it
How Zara and H&M are trying to clean up fast fashion's messy carbon footprint — are they serious about it
Sep 18, 2023
Fast fashion retailer H&M is all set to sell second-hand clothes at its Regent Street flagship store in UK from October — offering items that are 'ready to be loved again.' Zara also recently launched its online second-hand service in France, having trialled it in Britain since November last year. But are these 'green initiatives' for real, or just some more greenwashing? CNBC TV18 gives a macro view.
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Here’s Why April Is a Crucial Month for XRP’s Price: Analyst
Here’s Why April Is a Crucial Month for XRP’s Price: Analyst
Apr 11, 2024
The cryptocurrency market kicked off the week with most of the top cryptocurrencies trading on the green, and XRP is among them, exchanging hands at $0.61 at press time. After analyzing the assets monthly chart, Dark Defender a well-known crypto analyst who commonly breaks down the price action of altcoins concluded that XRP is poised for a significant price increase....
Voyager Digital Secures $484 Million from FTX and 3AC Settlements
Voyager Digital Secures $484 Million from FTX and 3AC Settlements
Apr 11, 2024
Voyager Digital has announced the recovery of $484.35 million from settlements with FTX, Three Arrows Capital (3AC), and Directors and Officers (DO) insurance. The announcement was part of a status update submitted to the United States Bankruptcy Court for the Southern District of New York, outlining the efforts to recover and allocate assets to creditors following the companys financial decline....
Ordinals Activity Ramps Up Before Halving — Alongside Bitcoin Fees
Ordinals Activity Ramps Up Before Halving — Alongside Bitcoin Fees
Apr 11, 2024
One week before the halving, the Bitcoin network is faced with another wave of hot demand, with some coming from a now familiar source: Ordinals traders. As of Thursday, data from mempool.space shows that Bitcoin users are paying over 90 sats/vByte of block space, placing the average cost of a transaction at $8.50 apiece. Ordinals Make Their Comeback The surge...
Don’t Expect Another Lawsuit If SEC Rejects Ethereum ETFs: Bloomberg Analyst
Don’t Expect Another Lawsuit If SEC Rejects Ethereum ETFs: Bloomberg Analyst
Apr 11, 2024
U.S. regulators will likely reject Ethereum (ETH) spot ETFs – and crypto won’t put up much of a legal fight for it, according to Bloomberg ETF analyst Eric Balchunas. The analyst’s latest take is a discouraging sign for Ethereum bulls and stands in stark contrast to his former optimism about Bitcoin spot ETFs preceding their January approval. Are Ethereum ETFs...
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