The Australian dollar rose in Asian trade on Wednesday against a basket of major rivals, expanding gains for the second straight session against the US dollar and hitting a week high, while approaching five-week highs following strong Australian wages data. The data renewed inflationary pressures on the Reserve Bank of Australias policymakers, which hurt the odds of a rate cut...

The Australian dollar fell against most major rivals on Thursday despite strong labor data. Australia's unemployment rate was unchanged in April at 4.1%, same as March, and matching expectations. The Australian economy added 89.0 thousand new jobs in April, easily beating estimates of a 20.9 thousand addition, while March's reading was revised to show the addition of 32.2 thousand jobs...

The Australian dollar tumbled on Tuesday against a basket of major rivals, resuming losses against the US counterpart after a short hiatus and becoming the worst performing G8 currency after the RBAs rate cut. The Reserve Bank of Australia voted to cut interest rates by 25 basis points to 3.85%, the lowest since May 2023, as inflation cooled. The Price...

The Australian dollar fell against most major rivals on Wednesday following labor data. Australian wages rose 0.9% in the first quarter of the year, above estimates of 0.8%. On trading, the AUD/USD pair rose 0.7% as of 20:56 GMT to 0.6428. Loonie The Canadian dollar fell 0.3% against the greenback as of 20:56 GMT to $0.7155. The US Dollar The...

01:53 PM EDT, 07/24/2024 (MT Newswires) -- Health care stocks were rising Wednesday afternoon, with the NYSE Health Care Index up 0.7% and the Health Care Select Sector SPDR Fund (XLV) adding 0.8%. The iShares Biotechnology ETF (IBB) was 0.7% higher. In corporate news, Thermo Fisher Scientific ( TMO ) shares climbed 3.1%. The company increased its full-year earnings outlook...

02:33 PM EDT, 07/24/2024 (MT Newswires) -- US benchmark equity indexes were lower intraday, with the Nasdaq Composite and the S&P 500 weighed down by post-earnings sell-off in Tesla (TSLA) and Alphabet (GOOG, GOOGL) shares. The technology-heavy Nasdaq was down 2.7% at 17,506.7 after midday Wednesday, while the S&P 500 slid 1.6% to 5,465.1. The Dow Jones Industrial Average fell...

The SPDR S&P 500 Index opened sharply lower Wednesday following disappointing earnings reports from mega-cap tech stocks like Tesla Inc ( TSLA ) and Alphabet Inc ( GOOG ) . But, Cameron Dawson, chief investment officer at NewEdge Wealth, said that it was too early to call a top in the market and that the recent downturn doesn't mean the...

01:30 PM EDT, 07/24/2024 (MT Newswires) -- US equity indexes fell as disappointing quarterly results from heavyweights Tesla (TSLA) and Alphabet (GOOG, GOOGL) called into question the ability of the so-called Magnificent Seven stocks to continue carrying markets. The Nasdaq sank 2.8% to 17,493.5, with the S&P 500 down 1.7% to 5,460.4 and the Dow Jones Industrial Average 0.8% lower...

The price of (crude oil) witnessed fluctuated trading on its last intraday levels, affected by the continued negative pressure due to its trading below EMA50, and under the dominance of minor bearish wave on the short-term term basis, on the other hand, we notice the beginning of the positive signals on the (RSI), after reaching oversold levels to help the...

The price of (BTCUSD) soars high in its last intraday trading, where it managed to surpass the negative pressure of the EMA50, opening the way for achieving these strong gains, after its success in offloading its clear overbought conditions on the (RSI), with the emergence of positive overlapping signals on the short-term basis and its trading alongside a supportive bias...

The price of (Silver) resumes the rise in its last intraday trading, taking advantage of the dynamic support that is represented by its trading above EMA50, reinforcing the stability of the bullish track, especially with the emergence of the positive signals on the (RSI), after its success in offloading some of its overbought conditions, which allowed it to achieve these...

The price of (ETHUSD) extended its gains in its last intraday trading, affected by breaching bearish correctional trend line on the short-term basis, taking advantage of the dynamic support that is represented in its trading above EMA50, keeping the stability of the bullish track in the last period, especially with the emergence of the positive signals on the (RSI), despite...

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.

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.

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.

A fire that broke out at the waste treatment plant in Kochi on March 2, 2023, continues to spread toxic fumes even after 11 days of the incident. The Kerala government has said that 95 percent of the fire has been extinguished, but the smoke from the landfill has not entirely subsided. 

The fund house opened the year with an AUM (assets under management) of over ₹2.25 lakh crore. The open-ended equity scheme represents the manufacturing theme and opens for subscription on December 1 and closes on December 15.

This acquisition not only substantially hikes UltraTech Cement's capacity but also serves as a strategic entry into the promising market of Jharkhand. Shares of UltraTech Cement Ltd ended at ₹8,721.80, down by ₹6.20, or 0.071%, on the BSE.

Yash Sharma, Director of Ganesha Ecosphere expects the aggressive capacity expansion plans to help the company achieve 20-22% CAGR over the next 3-4 years.

The volume of the sneaker segment in India is projected to reach 66 million pairs by 2028. Shares of Metro Brands Ltd ended at ₹1,326.85, up by ₹27.10, or 2.09%, and shares of FSN E-Commerce Ventures Ltd ended at ₹172.10, up by ₹2.80, or 1.65%, on the BSE.

Flare Network stands out as one of the popular layer one blockchains, focusing on the integration of external data into blockchain systems. Above all, Flare is an EVM-compatible L1 network. Its interoperability and data integration focus has made it a standout name in the crypto world. CEO Hugo Philion, transitioning from a finance background to the dynamic world of cryptocurrencies,...

TL;DR Shibariums daily transactions experienced a significant increase, signaling a resurgence in activity. The networks achievements and an increase in token burn rate are seen as potentially positive indicators for Shiba Inus future market performance. After several days of witnessing less activity than usual, Shiba Inus layer-2 blockchain solution Shibarium finally recorded a significant resurgence. Data shows that daily transactions on the...

TL;DR One particular cryptocurrency witnessed a notable price rally following listing on Coinbase. Such actions from leading crypto exchanges have positively impacted the value of many other digital assets in the past. Tensor (TNSR) the native cryptocurrency of the leading Solana NFT marketplace experienced a significant price boost in the past 24 hours. It briefly surpassed the $2.20 mark, currently...

As the cryptocurrency community gears up for the highly anticipated Bitcoin halving around April 20, opinions are divided on its immediate and long-term impact. In a recent blog post, Arthur Hayes expressed his belief that while the halving might eventually pump prices in the medium term, the asset could slump both before and after the event. Unexpected Market Movements He...