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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...
Australian inflation beats estimates in April
Australian inflation beats estimates in April
May 28, 2025
Australias consumer prices rose 2.4% y/y in April, beating estimates of 2.3%, and same as the previous reading. The data showcases the impact of inflationary pressures on Australian monetary policymakers, and huts the odds of an Australian rate cut in July. Do you need help in trading decisions? Do you want to learn how to start trading? Join Economies.com VIP...
How does the Fed react to Trump's trade war?
How does the Fed react to Trump's trade war?
May 27, 2025
The Federal Reserve warned against increasing economic risks when it decided to hold interest rates unchanged in May. Fed Chair Jerome Powell focused on uncertainty for the worlds largest economy following Trumps aggressive tariff decisions during his post-Fed meeting speech this month. Now markets expect two interest rate cuts overall this year, with some even thinking that this is overly...
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,...
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US STOCKS-Wall St nudges higher amid Tesla, IBM haze, trade jitters
US STOCKS-Wall St nudges higher amid Tesla, IBM haze, trade jitters
Oct 23, 2025
* Indexes up: Dow 0.15%, S&P 500 0.38%, Nasdaq 0.67% * Tesla falls after Q3 profit misses estimates * IBM ( IBM ) slumps on recording cloud software slowdown * Quantum computing firms gain on report of US govt stake talks (Updates with analyst comments, early afternoon prices) By Pranav Kashyap and Twesha Dikshit Oct 23 (Reuters) - Wall Street...
Sector Update: Tech
Sector Update: Tech
Oct 23, 2025
01:02 PM EDT, 10/23/2025 (MT Newswires) -- Tech stocks were higher Thursday afternoon, with the Technology Select Sector SPDR Fund (XLK) rising 1.2% and the SPDR S&P Semiconductor ETF (XSD) adding 3.3%. The Philadelphia Semiconductor index rose 2.4%. In corporate news, IonQ ( IONQ ) , Rigetti Computing (RGTI), D-Wave Quantum (QBTS) and Quantum Computing (QUBT) are in talks to...
US Equity Indexes Rise as Surging Crude Oil Lifts Treasury Yields
US Equity Indexes Rise as Surging Crude Oil Lifts Treasury Yields
Oct 23, 2025
12:37 PM EDT, 10/23/2025 (MT Newswires) -- US equity indexes advanced midday Thursday as government bond yields rose after new sanctions on Russia boosted crude oil prices. The Nasdaq Composite climbed 0.7% to 22,906.1, with the S&P 500 up 0.4% to 6,728.5 and the Dow Jones Industrial Average 0.2% higher at 46,665.9. Energy and technology were among the top gainers...
Sector Update: Energy
Sector Update: Energy
Oct 23, 2025
01:22 PM EDT, 10/23/2025 (MT Newswires) -- Energy stocks were higher Thursday afternoon, with the NYSE Energy Sector Index rising 1.8% and the Energy Select Sector SPDR Fund (XLE) up 1.6%. The Philadelphia Oil Service Sector Index was climbing 3.6%, while the Dow Jones US Utilities Index was easing 0.2%. The Trump Administration late Wednesday imposed new sanctions on Russia's...
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Arm CEO downplays ambitions to make its own chip in Qualcomm case
Arm CEO downplays ambitions to make its own chip in Qualcomm case
Dec 16, 2024
WILMINGTON, Delaware (Reuters) -The chief executive of Arm on Monday downplayed the company's ambitions to become a chip supplier in its own right at a trial against Qualcomm, a major customer that pays Arm an estimated hundreds of millions of dollars per year. The crux of the litigation is a clash over Qualcomm's license agreement for the use of Arm's...
Forecasting The Future: 10 Analyst Projections For Freshworks
Forecasting The Future: 10 Analyst Projections For Freshworks
Dec 17, 2024
During the last three months, 10 analysts shared their evaluations of Freshworks ( FRSH ) , revealing diverse outlooks from bullish to bearish. The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 3...
Arm CEO downplays ambitions to make its own chip in Qualcomm case
Arm CEO downplays ambitions to make its own chip in Qualcomm case
Dec 16, 2024
* Arm claims Qualcomm ( QCOM ) used its technology without permission * Arm CEO: Company has not yet made its own chip, still evaluating future strategies * Qualcomm ( QCOM ) alleges Arm viewed it as a competitor * Qualcomm ( QCOM ) CEO might testify (Rewrites throughout with new testimony and documents from Arm's chief executive) By Tom...
Washington moves to boost crackdown on China Telecom's US unit, source says
Washington moves to boost crackdown on China Telecom's US unit, source says
Dec 16, 2024
WASHINGTON (Reuters) -The U.S. Commerce Department is moving to further crack down on China Telecom's U.S. unit over concerns it could exploit access to American data through their U.S. cloud and internet businesses by providing it to Beijing, a source told Reuters. The source confirmed a New York Times report that the department last week sent China Telecom Americas a...
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Govt blames inaction by AAP in Punjab, Delhi for bad air quality
Govt blames inaction by AAP in Punjab, Delhi for bad air quality
Nov 6, 2023
Accusing Kejriwal of being busy with election campaigning in poll-bound states and waking up to the situation late, Minister of State for Consumer Affairs, Food, and Public Distribution, Ashwini Kumar Choubey, said that the Centre had held a meeting with Chief Secretaries and senior officials from four North Indian states on 20th October to discuss measures to reduce air pollution, which he claims weren't adopted by the AAP-led governments.
Rajasthan: Gehlot government begins Rs 2,500 cr dam project for Sabarmati, Sei rivers ahead of polls
Rajasthan: Gehlot government begins Rs 2,500 cr dam project for Sabarmati, Sei rivers ahead of polls
Mar 1, 2023
On Tuesday, the Gehlot government invited bids for both projects to build the dams within the next four years. The chief minister had announced both projects in last year’s budget.
ED attaches over Rs 10-crore assets in resort scam involving ex-Maha minister Anil Parab
ED attaches over Rs 10-crore assets in resort scam involving ex-Maha minister Anil Parab
Jan 4, 2023
The probe pertains to Dapoli resort, which is allegedly illegal. The former minister and Shiv Sena (Uddhav) leader, Anil Parab, allegedly wangled a permit to use land meant for agricultural use. The ED had started the investigation under the the Prevention of Money Laundering Act (PMLA) after a complaint from the Environment Ministry.
What is the debate over Biodiversity Bill, likely to be tabled in monsoon session of Parliament
What is the debate over Biodiversity Bill, likely to be tabled in monsoon session of Parliament
Jul 12, 2023
The new bill exempts registered AYUSH practitioners and people accessing codified traditional knowledge, from sharing benefits with local communities or giving prior intimation to state biodiversity boards before accessing biological resources.
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