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US dollar extends losses to five-week trough on US debt concerns
US dollar extends losses to five-week trough on US debt concerns
May 26, 2025
The US dollar fell in European trade on Monday against a basket of major rivals, hitting a five-week trough amid concerns about the US debt levels. Now investors await important remarks by several Fed officials as they look for more clues on the odds of multiple Fed rate cuts this year. The Index The dollar index fell 0.4% to 98.69,...
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 hovers near four-week high after Lagarde's remarks
Euro hovers near four-week high after Lagarde's remarks
May 27, 2025
The euro rose in European trade on Tuesday on track for the third straight session against the US dollar, and about to hit a four-week high amid concerns about US financial stability. Recent bullish remarks by European Central Bank President Christine Lagarde provided more positive momentum for the euro, and underscored investor confidence in the EU. The Price The EUR/USD...
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Analysis-US stocks heal from tariff pain but trade news to keep markets edgy
Analysis-US stocks heal from tariff pain but trade news to keep markets edgy
Jun 5, 2025
NEW YORK (Reuters) -After months of Wall Street gyrations to the twists and turns of U.S. trade policy, signs suggest stock investors are becoming more resilient to developments and cautiously defaulting to optimism that they have weathered the worst of the tariff-related shocks. U.S. equities have edged higher over the past two weeks as they digest a sharp rally that...
US STOCKS-Wall Street futures edge up as investors await key jobs data
US STOCKS-Wall Street futures edge up as investors await key jobs data
Jun 5, 2025
(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window.) * Futures up: Dow 0.11%, S&P 500 0.05%, Nasdaq 0.05% June 5 (Reuters) - U.S. stock index futures edged higher on Thursday as investors looked ahead to the monthly jobs report to gauge the impact of President Donald Trump's trade...
Wall Street futures edge up as investors await key jobs data
Wall Street futures edge up as investors await key jobs data
Jun 5, 2025
(Reuters) -U.S. stock index futures edged higher on Thursday as investors looked ahead to the monthly jobs report to gauge the impact of President Donald Trump's trade policies on the labor market and the Federal Reserve's interest rate trajectory. Following Wednesday's weaker-than-expected U.S. private jobs and services sector data, Friday's non-farm payrolls report will come under sharp scrutiny as investors...
Analysis-US stocks heal from tariff pain but trade news to keep markets edgy
Analysis-US stocks heal from tariff pain but trade news to keep markets edgy
Jun 5, 2025
NEW YORK (Reuters) -After months of Wall Street gyrations to the twists and turns of U.S. trade policy, signs suggest stock investors are becoming more resilient to developments and cautiously defaulting to optimism that they have weathered the worst of the tariff-related shocks. U.S. equities have edged higher over the past two weeks as they digest a sharp rally that...
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Boeing's Starliner capsule set for first crewed space flight in rivalry with SpaceX
Boeing's Starliner capsule set for first crewed space flight in rivalry with SpaceX
May 6, 2024
CAPE CANAVERAL, Florida (Reuters) -Boeing's new Starliner spacecraft was poised for launch on Monday night on a much-delayed first crewed test flight to orbit, as the company scrambles to compete with Elon Musk's SpaceX for a greater share of lucrative NASA business. The CST-100 Starliner with two astronauts aboard was due for liftoff at 10:34 p.m. (0234 GMT on Tuesday)...
Australia's ANZ unveils $1.3 billion buyback after half-year earnings meet estimates
Australia's ANZ unveils $1.3 billion buyback after half-year earnings meet estimates
May 6, 2024
(Reuters) -ANZ Group on Tuesday unveiled a new A$2 billion ($1.32 billion) share buyback after the bank's first-half cash earnings largely met analyst estimates, but flagged its concerns about challenges in Australian and global economies. Cash profit fell 7% to A$3.55 billion ($2.35 billion) for the six months ended March 31, only slightly above a Visible Alpha consensus estimate, compiled...
Federal judge sends FedEx contractor's racketeering claim to arbitration
Federal judge sends FedEx contractor's racketeering claim to arbitration
May 6, 2024
LOS ANGELES, May 6 (Reuters) - A federal judge on Monday ruled that a small business contracted to deliver packages for FedEx on the California-Oregon border must arbitrate with FedEx over claims it made against the company of racketeering and other alleged legal violations. In granting FedEx Ground's motion to compel arbitration, Judge Sallie Kim wrote that PYNQ failed to...
Bank of America investment banking executive dies
Bank of America investment banking executive dies
May 6, 2024
NEW YORK, May 6 (Reuters) - An investment banking executive at Bank of America ( BAC ) has died, the bank said on Monday. The person died of natural causes, according to an email from the New York Office of the Chief Medical Examiner, who confirmed details when asked about the case. The person died of acute coronary artery thrombus,...
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