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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...
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...
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...
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...
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US STOCKS-Wall Street futures steady ahead of Fed's interest rate verdict
US STOCKS-Wall Street futures steady ahead of Fed's interest rate verdict
Jun 18, 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 0.21%, S&P 500 0.28%, Nasdaq 0.35% June 18 (Reuters) - U.S. stock index futures edged higher on Wednesday ahead of the Federal Reserve's monetary policy decision, while the Israel-Iran conflict entered its sixth day, with new...
Analysis-Early Fed chair nomination could rattle markets
Analysis-Early Fed chair nomination could rattle markets
Jun 18, 2025
NEW YORK (Reuters) -U.S. President Donald Trump has said that he would soon nominate Jerome Powell's successor, with nearly a year left before the Federal Reserve chair's term ends. Investors said that could present a risky proposition for markets. Trump has made no secret of his displeasure with Powell and the Fed for not lowering interest rates since the president...
Social Buzz: Wallstreetbets Stocks Mostly Higher Premarket Wednesday; AMD to Rise, Reddit to Fall
Social Buzz: Wallstreetbets Stocks Mostly Higher Premarket Wednesday; AMD to Rise, Reddit to Fall
Jun 18, 2025
06:35 AM EDT, 06/18/2025 (MT Newswires) -- The most-talked-about stocks in the Reddit ( RDDT ) subforum Wallstreetbets were mostly higher hours before Wednesday's opening bell. Advanced Micro Devices ( AMD ) advanced by 1.8% in pre-bell hours, following a 0.6% increase in the previous session. CoreWeave ( CRWV ) rose by 1.3% premarket, after an 8.5% increase from Tuesday's...
Analysis-Early Fed chair nomination could rattle markets
Analysis-Early Fed chair nomination could rattle markets
Jun 18, 2025
NEW YORK (Reuters) -U.S. President Donald Trump has said that he would soon nominate Jerome Powell's successor, with nearly a year left before the Federal Reserve chair's term ends. Investors said that could present a risky proposition for markets. Trump has made no secret of his displeasure with Powell and the Fed for not lowering interest rates since the president...
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Assessing Rigetti Computing: Insights From 6 Financial Analysts
Assessing Rigetti Computing: Insights From 6 Financial Analysts
Jan 14, 2025
Ratings for Rigetti Computing ( RGTI ) were provided by 6 analysts in the past three months, showcasing a mix of bullish and bearish perspectives. Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 6 0 0...
Australia's Telstra seeks to partner with Accenture for AI boost
Australia's Telstra seeks to partner with Accenture for AI boost
Jan 14, 2025
Jan 15 (Reuters) - Telstra Group ( TTRAF ) on Wednesday proposed a partnership with U.S.-listed Accenture ( ACN ) to improve the operations of Australia's top telco through artificial intelligence (AI), as part of its ongoing vendor consolidation strategy. The proposed joint venture is part of a broader strategy to streamline Telstra's ( TTRAF ) vendor relationships, reducing its...
IBM, Globant, EPAM Top IT Bets For 2025, Driven by Demand Trends And Margin Expansion: Analyst
IBM, Globant, EPAM Top IT Bets For 2025, Driven by Demand Trends And Margin Expansion: Analyst
Jan 14, 2025
Goldman Sachs analyst James Schneider expects fourth-quarter 2024 reports to reflect gradual demand improvement in 2025 guidance. Based on intra-quarter management commentary and Accenture ( ACN ) Schneider expects modest beats for his IT Services coverage in the quarter.   The analyst noted that 2025 guidance will reflect modest revenue acceleration that mirrors a gradually improving customer demand environment and monitored...
Analyst Expectations For Zebra Technologies's Future
Analyst Expectations For Zebra Technologies's Future
Jan 14, 2025
In the latest quarter, 11 analysts provided ratings for Zebra Technologies ( ZBRA ) , showcasing a mix of bullish and bearish perspectives. The table below summarizes their recent ratings, showcasing the evolving sentiments within the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 3 1 6 1 0...
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Crypto Markets Turn Red Despite BoE’s Interest Rate Cut and Donald Trump’s Reaffirmed BTC Support: This Week’s Crypto Recap
Crypto Markets Turn Red Despite BoE’s Interest Rate Cut and Donald Trump’s Reaffirmed BTC Support: This Week’s Crypto Recap
Aug 2, 2024
All eyes in the cryptocurrency community were on the Bitcoin Conference in Nashville last weekend as the former US president and current Republican candidate, Donald Trump, was expected to appear. Once he took the stage, the crypto markets went on a wild rollercoaster with tons of volatility due to some of his promises, such as to make the US the...
Hong Kong’s Largest Online Broker Now Offers Bitcoin and Ether Trading
Hong Kong’s Largest Online Broker Now Offers Bitcoin and Ether Trading
Aug 2, 2024
Futu Securities International the largest online broker in Hong Kong has started offering retail cryptocurrency trading in the city-state. The latest move involves attracting investors with shares of Alibaba Group Holding and Nvidia. Residents of Hong Kong can now trade bitcoin and ether on the brokerage platform with Hong Kong or US Dollars. Futu has partnered with HashKey Exchange, one...
Bitcoin Follows Wall Street Crash by Tumbling Toward $62K Amid Weak US Jobs Data
Bitcoin Follows Wall Street Crash by Tumbling Toward $62K Amid Weak US Jobs Data
Aug 2, 2024
The volatility in the cryptocurrency industry continues, with the leading digital asset plummeting from $65,600 to $62,300 for the second time in the past day or so. The main driver behind the latest price plunge could be attributed to the developments on US soil, as the jobs data was weaker than expected, and the stock market crashed. JUST IN: Over...
MicroStrategy Adds 169 BTC to Holdings, Unveils New ‘Bitcoin Yield’ KPI
MicroStrategy Adds 169 BTC to Holdings, Unveils New ‘Bitcoin Yield’ KPI
Aug 2, 2024
On August 1, MicroStrategy founder Michael Saylor announced that in July, the firm acquired an additional 169 BTC for $11.4 million and now holds a total of 226,500 BTC. The company continues to focus on its bitcoin acquisition strategy. However, it faced significant impairment losses due to BTC price fluctuations, resulting in a second consecutive quarterly loss. The world’s largest...
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