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Yen skids to six-week trough after BOJ meeting
Yen skids to six-week trough after BOJ meeting
Jun 14, 2024
Yen tumbled in Asian trade on Friday to six-week lows against the US dollar, sharpening its losses for the second day following the Bank of Japans policy meeting. As expected, the BOJ maintained interest rates unchanged for the second meeting in a row, and as a challenge to market expectations, the BOJ asserted itll continue to purchase government bonds at...
US Dollar Index Prints a One
US Dollar Index Prints a One
Jun 14, 2024
US Dollar Index Prints a One-Month High, USD/JPY Weakens Post-BoJ Meeting US dollar index rally continues.Japanese Yen weakens further on disappointing bond news. Recommended by Nick Cawley Forex for Beginners The US dollar index continues its recent move higher, aided by a weaker Euro and Japanese Yen. The Euro is still feeling the effects of last weekend’s European Parliamentary Elections...
Fed holds interest rates unchanged, but expects a single rate cut in 2024
Fed holds interest rates unchanged, but expects a single rate cut in 2024
Jun 12, 2024
The Federal Reserve announced a decision to maintain interest rates unchanged between 5.25% and 5.5% at the June 11-12 meeting, maintaining them at 23-year highs. The Feds policy statement explains that the Federal Open Market Committee considers the risks facing achieving better employment and inflation goals are moving towards a better balance, but the economic outlook remains uncertain. More crucially,...
Euro moves in a positive zone with rate gap in focus
Euro moves in a positive zone with rate gap in focus
Jun 13, 2024
Euro rose in European trade on Thursday against a basket of main rivals, as it maintained gains for the second day against the dollar, moving in a positive zone as focus pivots from EU political risks to the Europe-US interest rate gap. Markets now expect one more interest rate cut by the Federal Reserve before the year end, while the...
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Top Midday Stories: Freeport-McMoRan Declares Force Majeure; Alibaba Plans to Raise AI Spending
Top Midday Stories: Freeport-McMoRan Declares Force Majeure; Alibaba Plans to Raise AI Spending
Sep 24, 2025
11:23 AM EDT, 09/24/2025 (MT Newswires) -- The three major US indexes were roughly flat in late-morning trading Wednesday after Federal Reserve Chair Jerome Powell said Tuesday that stock prices appear to be fairly highly valued. In company news, Freeport-McMoRan ( FCX ) said Wednesday it is notifying commercial counterparties of a force majeure as a result of the Sept....
US Equity Indexes Fall as Treasury Yields Rise
US Equity Indexes Fall as Treasury Yields Rise
Sep 24, 2025
12:44 PM EDT, 09/24/2025 (MT Newswires) -- US benchmark stock indexes traded lower while government bond yields rose in midday trading on Wednesday. The Nasdaq Composite was down 0.5% to 22,465.7, the S&P 500 slid 0.3% to 6,634.2, and the Dow Jones Industrial Average fell 0.2% to 46,205.3. Energy led the gainers, while materials and technology were the steepest decliners...
EMERGING MARKETS-Argentine markets extend gains amid talks with US on $20 billion swap line
EMERGING MARKETS-Argentine markets extend gains amid talks with US on $20 billion swap line
Sep 24, 2025
Sept 24 (Reuters) - Argentine assets roared ahead for a third consecutive day on Wednesday after the U.S. floated a $20 billion swap line to support the country's struggling markets, while most other Latin American currencies weakened against a firm dollar. In a post on X, U.S. Treasury Secretary Scott Bessent disclosed ongoing negotiations for a $20 billion swap line...
US Equity Indexes Fall in Midday Trading
US Equity Indexes Fall in Midday Trading
Sep 24, 2025
12:17 PM EDT, 09/24/2025 (MT Newswires) -- US benchmark stock indexes traded lower in midday trading on Wednesday, adding to the losses of the previous session. The Nasdaq Composite was down 0.7% to 22,419.9, the S&P 500 slid 0.5% to 6,623.5, and the Dow Jones Industrial Average fell 0.4% to 46,119.2. Energy led the gainers, while technology and communication services...
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Deep Dive Into Confluent Stock: Analyst Perspectives (17 Ratings)
Deep Dive Into Confluent Stock: Analyst Perspectives (17 Ratings)
Mar 22, 2024
In the preceding three months, 17 analysts have released ratings for Confluent , presenting a wide array of perspectives from bullish to bearish. The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 7 5 5...
Analysis-Apple antitrust suit mirrors strategy that beat Microsoft, but tech industry has changed
Analysis-Apple antitrust suit mirrors strategy that beat Microsoft, but tech industry has changed
Mar 22, 2024
(Reuters) - The U.S. government's antitrust lawsuit against Apple ( AAPL ) draws on the watershed 1998 case that broke Microsoft's ( MSFT ) stranglehold on desktop software, but that may prove to be an imperfect blueprint for addressing smartphone competition. The market for the iPhone today looks very different from the near-monopoly enjoyed by Microsoft's ( MSFT ) Windows...
Dutch PM to meet China's Xi amid strain over chip export policy
Dutch PM to meet China's Xi amid strain over chip export policy
Mar 22, 2024
AMSTERDAM, March 22 (Reuters) - The Netherlands' prime minister will travel to China next week for a meeting with Chinese President Xi Jinping on economic ties, the Dutch government said on Friday, a meeting that is likely to be strained over computer chip export policy matters. The Dutch government this year began denying licenses for ASML, the biggest supplier of...
The Analyst Landscape: 7 Takes On Clear Secure
The Analyst Landscape: 7 Takes On Clear Secure
Mar 22, 2024
Analysts' ratings for Clear Secure ( YOU ) over the last quarter vary from bullish to bearish, as provided by 7 analysts. The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective. Bullish Somewhat Bullish Indifferent...
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This sustainable jewellery brand is luring some women away from gold
This sustainable jewellery brand is luring some women away from gold
Oct 30, 2023
Aulerth's offerings range from ₹5,000 to as high as ₹2.8 lakh. Are women willing to spend this much on jewellery made from scrap? Founder and CEO Vivek Ramabhadran definitely believes so. Aulerth produces couture-inspired pieces in association with designers like JJ Valaya, Suneet Varma, among others. It has reported 33% repeat customers in the past year and expects a spike to 40% soon.
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.
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.
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.
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