Dado Ruvic | Reuters Microsoft CEO Satya Nadella commented on its “real innovations.” OpenAI’s Sam Altman described it as “clearly a great model.” Apple CEO Tim Cook said “innovation that drives efficiency is a good thing.” And Palantir’s Alex Karp said it shows the importance of “an all-country effort.” The tech CEOs were all talking
AUD/USD hovers above 0.6200, defending mild bids amid US tariff concerns and weak Chinese data. US PCE data showed no surprises, Fed remains cautious. RBA dovish bets continue to pressure the pair. The Australian Dollar clings to mild gains on Friday, trading around 0.6215 after briefly touching a two-week low. The pair remains under pressure
he AUDUSD has declined this week, weighed down by concerns over tariffs and diverging monetary policies. While the US Fed held rates steady, the RBA now has inflation within the 2%-3% target range which opens the door for potential policy easing. Technical Overview: The price remains below the 100-hour MA at 0.62397, keeping sellers in
It’s never a dull moment with Trump. Nothing can be done by China, Mexico and Canada right now to forestall tariffs We have big deficits and tariffs are something we’re doing We may increase tariffs Canada has treated the US very unfairly Not looking for concessions Will put tariffs on chips, oil and gas Oil
Gold April futures contracts at MCX opened flat with a negative bias on Saturday at Rs 82,200/10 gram, which is down by 0.04% or Rs 33 while silver March futures contracts were trading slightly higher at Rs 93,453/kg, up by 0.13% or Rs 125. Ahead of the Union Budget 2025, due to be presented later
Canadian Dollar spiked lower after US President Donald Trump confirmed his plan to impose 25% tariffs on imports from Canada and Mexico, set to take effect this Saturday on February 1. Trump justified the decision by citing concerns over migration, drug trafficking, and economic imbalances. However, uncertainty remains regarding whether oil imports will be affected.
Customers waiting at the checkout in a supermarket. Markus Scholz | Picture Alliance | Getty Images German inflation was unchanged year-on-year at 2.8% in January, preliminary data from the country’s statistics office Destatis showed Friday in the last reading before Germans head to the polls next month. The reading was also in line with a
In this article TEAM Follow your favorite stocksCREATE FREE ACCOUNT Mike Cannon-Brookes, co-founder of software company Atlassian Corp., in Sydney, Australia, Dec. 6, 2023. Lisa Maree Williams | Bloomberg | Getty Images Atlassian shares popped 18% after the software company blew past Wall Street’s fiscal second-quarter earnings and guidance expectations. The stock traded near a
The US Dollar holds ground above 108.00 as traders await weekend tariff announcements. Trump threatens 100% tariffs on BRICS nations if they challenge the US Dollar in global trade. US PCE inflation data shows steady price pressure, reinforcing the Fed’s cautious stance. The US Dollar Index hovers near 108.50, marking a fresh weekly high. The
The USDCHF experienced a sharp decline on Monday, driven by a stock market tumble led by Nvidia and broad USD selling. The pair on Monday, found support at 0.8965, the 50% retracement level of the December 2024 rally, and rebounded sharply off of that key support hold. Midweek trading was volatile, with the price fluctuating
If the latest Reuters report is to be believed, Trump’s ‘promise’ yesterday to enact immediate tariffs on Saturday was a bluff. However if the White House is to be believed, the tariffs will be announced on Saturday. The Reuters report still says Trump will announce tariffs but that they won’t begin until March 1 and
OPEC+ is unlikely to alter existing plans to raise output gradually when it meets on Monday, delegates from the producer group told Reuters, despite U.S. President Donald Trump urging OPEC and its de facto leader Saudi Arabia to bring down prices. The meeting of top ministers from the Organization of the Petroleum Exporting Countries and
Forex markets remain largely subdued today, with Canadian Dollar being the exception as volatility rises ahead of the implementation of US tariffs tomorrow. Canada is reportedly well prepared to respond with retaliatory measures on US imports worth up to CAD 150B. This comes at a time when Canada’s economy is already under pressure, with November’s
Inflation closed out 2024 on a strong note, as a price gauge the Federal Reserve focuses on came in well above the central bank’s target, the Commerce Department reported Friday. The personal consumption expenditures price index increased 2.6% on a year-over-year basis in December, 0.2 percentage point higher than the November reading and in line
Eaton on Friday delivered mixed fourth-quarter results Friday, but the electrical components and power systems company made clear that its fast-growing data center business isn’t slowing down despite the emergence of Chinese startup DeepSeek and its more efficient AI models. Revenue in the three months ended Dec. 31 increased 4.6% year over year, to $6.24 billion,
United States (US) Press Secretary Karoline Leavitt dashed investor hopes for a delay in tariffs on Friday, announcing from the White House’s press podium that President Donald Trump’s wide tariffs of 25% on Canada and Mexico, as well as 10% on China, would be taking effect on February 1. The announcement shattered earlier reports that
The price of WTI crude oil futures are selling at $72.73. That is up $0.11 or 0.15%. Looking at the hourly chart below, the price has been trending below its 100 hour moving average (blue line on the chart below) at $73.45 currently. Staying below that level kept the sellers more in control. The price
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not
- « Previous Page
- 1
- …
- 16
- 17
- 18
- 19
- 20
- …
- 1070
- Next Page »