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Yen moves in a negative zone as the week opens up
Yen moves in a negative zone as the week opens up
Aug 18, 2025
The Japanese yen declined in Asian markets on Monday at the start of the weeks trading against a basket of major and minor currencies, moving into negative territory against the US dollar and retreating from its three-week high, as the Japanese government ignored US pressure on the Bank of Japan to raise interest rates. With the odds of a 25...
Commodity prices reflect slowdown in global growth
Commodity prices reflect slowdown in global growth
Aug 18, 2025
QNB Group stated in its weekly commentary that after a turbulent first half of 2025, which saw a sharp rise in uncertainty over US tariffs following the sweeping trade measures launched by US President Donald Trump under the name Liberation Day, the global economy has begun to adapt to a more restrictive trade environment, making economists and investors more cautious....
Copper declines on concerns about weak Chinese data
Copper declines on concerns about weak Chinese data
Aug 15, 2025
Copper prices fell on Friday on the back of bleak economic data from China, the worlds largest metals consumer, although losses were limited by a weaker dollar and hopes that the data would prompt Beijing to roll out more stimulus measures. Three-month copper on the London Metal Exchange fell 0.4% to $9,730 a metric ton in official trading, retreating from...
US dollar steadies before busy week with events and Fed speeches
US dollar steadies before busy week with events and Fed speeches
Aug 18, 2025
The dollar rose against the euro and the British pound on Monday, ahead of an expected meeting between US President Donald Trump and his Ukrainian and European counterparts, while attention also turned to the Federal Reserves Jackson Hole symposium, in search of signals on monetary policy. The euro fell by 0.2% against the dollar, recording 1.1683 dollars, while the British...
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Historical Data Flashes 'Extremely Rare' Sign Suggesting Stocks Are Headed Higher
Historical Data Flashes 'Extremely Rare' Sign Suggesting Stocks Are Headed Higher
Mar 18, 2025
Ryan Detrick, chief market strategist for Carson Group, is calling a bottom in equity markets. What Happened: Tuesday on CNBC’s “Worldwide Exchange,” Detrick presented data that suggests the market may have bottomed last week. In a post-election year, markets tend to be weak throughout the first quarter. It actually ends up being one of the worst quarters throughout the entire four-year...
US STOCKS-Wall Street falls on tariff worries with Fed meeting in focus
US STOCKS-Wall Street falls on tariff worries with Fed meeting in focus
Mar 18, 2025
(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window) * Nvidia ( NVDA ) edges lower ahead of annual software developer conference * Tesla slips after RBC lowers price target * Alphabet falls on $32 billion deal to buy Wiz * Indexes down: Dow 0.79%, S&P 500 1.20%,...
US Equity Indexes Drop as Investor Sentiment Takes Hit Amid Fed Policy Meeting Kick-Off
US Equity Indexes Drop as Investor Sentiment Takes Hit Amid Fed Policy Meeting Kick-Off
Mar 18, 2025
12:11 PM EDT, 03/18/2025 (MT Newswires) -- US equity indexes fell as investors weighed a slump in allocation to US equities in an influential Bank of America (BAC) survey with expectations from the Federal Reserve's rate-setting meeting that began Tuesday and industrial production increasing more than forecast. The Nasdaq Composite sank 1.7% to 17,502.2, with the S&P 500 falling 1.2%...
EXCLUSIVE: Expert Sees Gold At $3,500 As Rally Picks Up Steam, 'Diversification Without Sacrificing Growth' She Says
EXCLUSIVE: Expert Sees Gold At $3,500 As Rally Picks Up Steam, 'Diversification Without Sacrificing Growth' She Says
Mar 18, 2025
With market concentration concerns rising, investors are hunting for diversification without sacrificing growth. Enter gold – the precious metal that has already smashed past $3,000 per ounce and could be heading even higher. Gold's 2024 run has been nothing short of spectacular. The gold-tracking SPDR Gold Trust is up about 40% over the past year. During an exclusive interview with...
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Investors Cheer UnitedHealth's Q1 Earnings Despite Cyberattack Fallout, Taking $872M Hit From Hack
Investors Cheer UnitedHealth's Q1 Earnings Despite Cyberattack Fallout, Taking $872M Hit From Hack
Apr 16, 2024
UnitedHealth Group ( UNH ) shares are trading higher on Tuesday after the insurance giant reported better-than-expected revenue in first-quarter 2024 as it still deals with the cyberattack on its subsidiary Change Healthcare in February this year. The company reported adjusted EPS of $6.91, up from $6.26 a year ago, beating the consensus of $6.62. UnitedHealth’s revenues increased nearly $8 billion to $99.8...
Microsoft-backed Rubrik looks to raise up to $713 mln in US IPO
Microsoft-backed Rubrik looks to raise up to $713 mln in US IPO
Apr 16, 2024
April 16 (Reuters) - Cybersecurity software firm Rubrik, backed by Microsoft ( MSFT ), said on Tuesday it was targeting to raise up to $713 million in its initial public offering in the United States. (Reporting by Arasu Kannagi Basil in Bengaluru; Editing by Devika Syamnath) ...
Tamarack Valley Energy Production Outage Could Be Drag on Shares, CIBC Says
Tamarack Valley Energy Production Outage Could Be Drag on Shares, CIBC Says
Apr 16, 2024
07:57 AM EDT, 04/16/2024 (MT Newswires) -- Tamarack Valley Energy Ltd.'s ( TNEYF ) production outage could be a temporary drag on the shares, CIBC Capital Markets said. After market close on Monday, the Calgary-based oil and gas company announced that it has temporarily shut in approximately 6,200 barrels of oil equivalent per day at a third-party gas plant at...
Cornish Metals Up 5.5% in Early Afternoon UK Trade After Updating on South Crofty Tin Project
Cornish Metals Up 5.5% in Early Afternoon UK Trade After Updating on South Crofty Tin Project
Apr 16, 2024
07:58 AM EDT, 04/16/2024 (MT Newswires) -- Cornish Metals ( SBWFF ) (CUSN.V, CUSN.L) was at last look up 5.5% in early afternoon UK trade on Tuesday after it provided an update on its 100% owned South Crofty tin project located in Cornwall, United Kingdom. The shares rose 8% yesterday in Canada. The company said the South Crofty Preliminary Economic...
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Best 5 Cardano Staking Pools: How to Stake ADA in 2024
Best 5 Cardano Staking Pools: How to Stake ADA in 2024
Jul 1, 2024
Cardano (ADA) is one of the largest blockchains with a vast dApp ecosystem and one of cryptos most active development communities. Data shows that at the time of this writing in July 2024, over 70% of ADA in circulation is actively staked. That means millions of Cardano users hold and stake ADA, enhancing the network’s security and compounding profits. Staking...
Shiba Inu (SHIB) Hits a New Major Milestone: Details
Shiba Inu (SHIB) Hits a New Major Milestone: Details
Jul 1, 2024
TL;DR Shiba Inus layer-2 scaling solution, Shibarium, keeps progressing with total transactions nearing 420 million and wallet addresses exceeding 1.8 million, while daily transactions rose to over 14,000. The SHIB burn rate surged by more than 4,000% in the past 24 hours, removing around 300 million tokens from circulation. Shiba Inus Latest Advancement The second-largest meme coin in terms of...
Vitalik Buterin Targets Faster Transaction Confirmations with New Proposals
Vitalik Buterin Targets Faster Transaction Confirmations with New Proposals
Jul 1, 2024
Vitalik Buterin, the Ethereum co-founder, has announced new strategies to reduce the transaction confirmation times on the Ethereum network. Acknowledging the necessity for faster transaction speeds, he highlighted the need for latencies in the hundreds of milliseconds or even less for certain applications. New Strategies to Reduce Transaction Time In a June 30 blog post, Buterin highlighted Ethereums progress, noting...
Ethereum Price Analysis: ETH Bulls Eye $3,500 as Hopes for a Bottom Escalate
Ethereum Price Analysis: ETH Bulls Eye $3,500 as Hopes for a Bottom Escalate
Jul 1, 2024
Ethereum’s price is currently trying to penetrate a key level, and if successful, the recent correction could finally be over. Technical Analysis By TradingRage The Daily Chart As the daily chart displays, the Ethereum price has been dropping since getting rejected from the $4,000 resistance level back in May. The market has since dropped below the $3,500 level, but it...
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