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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...
Aussie gains ground despite mixed data
Aussie gains ground despite mixed data
Apr 23, 2024
The Australian dollar rose against a basket of major rivals on Tuesday following mixed data. Government data today showed the Australian manufacturing PMI fell to 49.9 from 47.3. Australias services PMI fell to 54.2 this month from 54.4. On trading, AUD/USD rose 0.6% as of 20:53 GMT to 0.6488. The Pound The GBP/USD rose 0.8% to 1.2451 as of 20:54...
USD/JPY Breaches ‘Line in the Sand’ Ahead of BoJ Meeting
USD/JPY Breaches ‘Line in the Sand’ Ahead of BoJ Meeting
Apr 25, 2024
Japanese Yen (USD/JPY) Analysis The yen breaks into the danger zone ahead of the BoJ meetingUSD/JPY breaches line in the sandBoJ Governor Ueda still sees trend inflation below target, will the updated forecast bring the inflation objective closer?Elevate your trading skills and gain a competitive edge. Get your hands on the Japanese yen Q2 outlook today for exclusive insights into...
Euro parks at two-week high amid positive sentiment
Euro parks at two-week high amid positive sentiment
Apr 24, 2024
Euro rose in European trade on Wednesday, widening gains for the fourth straight session and hitting two-week highs as it trades above $1.07, amid a positive risk appetite spreading in the markets due to renewed hopes of a July interest rate cut. Investors now await important data, including German business climate data, which could help underpin the euro. The EUR/USD...
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US Stock Futures Flat Ahead of Powell Speech After Reaching Record Highs on Thursday
US Stock Futures Flat Ahead of Powell Speech After Reaching Record Highs on Thursday
Mar 22, 2024
08:24 AM EDT, 03/22/2024 (MT Newswires) -- US stock futures were flat in Friday's premarket session after equity indexes closed at record highs on Thursday, as investors awaited Federal Reserve Chairman Jerome Powell's speech, scheduled for 9:00 am ET. Powell will deliver the opening remarks at a Fed Listens event in Washington on the topic of transitioning to a post-pandemic...
Futures tick up after Wall Street hits record highs
Futures tick up after Wall Street hits record highs
Mar 22, 2024
(Reuters) - U.S. stock index futures inched higher on Friday, setting Wall Street on course for strong weekly gains as investors cheered the Federal Reserve sticking to its rate-easing stance and awaited commentary from Chair Powell later in the day. All three main U.S. indexes hit fresh record closing highs in the previous session as chip stocks rallied after Micron...
SNAPSHOT-India stocks, rupee, swaps, call at 3:30 p.m. IST
SNAPSHOT-India stocks, rupee, swaps, call at 3:30 p.m. IST
Mar 22, 2024
MUMBAI, March 22 (Reuters) - STOCKS: The benchmark BSE Sensex rose 190.75 points, or 0.26%, to 72,831.94, while the broader NSE index gained 66.1 points, or 0.30%, to 22,078.05, as IT sector bellwether Accenture's revenue warning offset optimism around U.S. Federal Reserve rate cuts. RUPEE: The Indian rupee weakened 0.33% versus the U.S. dollar, and quoted at 83.43 per dollar,...
US STOCKS-Futures edge higher after Wall Street scales record peak
US STOCKS-Futures edge higher after Wall Street scales record peak
Mar 22, 2024
(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window.) * Tesla slips on report co trims car production in China * FedEx ( FDX ) jumps on Q3 profit beat * Nike ( NKE ) falls after revenue forecast disappoints * Futures up: Dow 0.10%, S&P 0.11%, Nasdaq 0.07%...
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Update: Paramount Skydance Reportedly Prepares Bid for Warner Bros. Discovery
Update: Paramount Skydance Reportedly Prepares Bid for Warner Bros. Discovery
Sep 12, 2025
05:28 AM EDT, 09/12/2025 (MT Newswires) -- (Updates with additional details throughout and recent stock move in the fourth paragraph.) Paramount Skydance ( PSKY ) is preparing a majority offer backed by the Ellison family for Warner Bros. Discovery ( WBD ) , several media outlets reported Thursday, citing people familiar with the situation. The bid will be supported by...
In surprise twist, Armani's will instructs heirs to gradually sell fashion brand or seek listing
In surprise twist, Armani's will instructs heirs to gradually sell fashion brand or seek listing
Sep 12, 2025
MILAN (Reuters) - Late designer Giorgio Armani has instructed heirs to gradually sell the fashion brand he created 50 years ago or seek a stock market listing, his will said, marking a surprising turn for a company highly protective of its independence and Italian roots. The will, reviewed by Reuters, states heirs should sell an initial 15% stake in the...
Update: RH Fiscal Q2 Adjusted Earnings, Sales Miss; Cuts 2025 Revenue Growth Outlook; Shares Drop Premarket
Update: RH Fiscal Q2 Adjusted Earnings, Sales Miss; Cuts 2025 Revenue Growth Outlook; Shares Drop Premarket
Sep 12, 2025
05:04 AM EDT, 09/12/2025 (MT Newswires) -- (Updates with the stock move in the headline and the first paragraph.) RH (RH) shares were down over 8% in recent premarket activity Friday after the company overnight reported Q2 net income and sales below market expectations, and also lowered its revenue growth outlook for fiscal 2025. The company reported fiscal Q2 adjusted...
Chinese insur-tech platform Huize Q2 revenue up 40.2%, returns to profit
Chinese insur-tech platform Huize Q2 revenue up 40.2%, returns to profit
Sep 12, 2025
Overview * Huize ( HUIZ ) Q2 revenue grows 40.2% to RMB 396.7 mln ($55.4 mln), driven by increased first-year premiums * Company reports Q2 net profit of RMB 10.9 mln, reversing last year's net loss * First-year premiums surge 73.1% yr/yr, boosting overall business performance Outlook * Company focuses on AI integration to enhance efficiency and service quality Result...
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