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Stock Market Today: Dow Up, Big Tech Falls Amid These Rate Hike Calls; This AI Stock Tests Entry (Live Coverage)
The Dow Jones index rises as Treasury Secretary Scott Bessent makes an Iran move. Microsoft falls on...
U.S. Airlines Set To Pocket $40 Billion As Jet Fuel Prices Crash
U.S. airlines stand to save billions in dollars on jet fuel costs after the US-Iran peace deal sent ...
New Zealand Dollar trades sideways ahead of Fed rate decision
The NZD/USD pair trades sideways near the 0.5830 region on Wednesday, as the New Zealand Dollar (NZD) finds mild support from a softer US Dollar, while traders remain cautious ahead of the Federal Res ...
SpaceX surge continues, as Oil falls below $80
SpaceX is still dominating markets on Tuesday, as it rises another 9%, bringing its total gains since last week to 40%. The company is now worth $2.78 trillion, more than Amazon and a mere $200bn belo ...
Japanese Yen fails to gain support after BoJ hike
The USD/JPY pair rose slightly around the intervention zone of 160.40 on Tuesday, as the Japanese Yen (JPY) struggles to gain strong traction even after the Bank of Japan (BoJ) raised interest rates t ...
Dow Jones Industrial Average races to records as Warsh eyes the punch bowl
The Dow Jones Industrial Average pushed to a fresh all-time high near 52,100 on Tuesday, capping a two-day surge that is almost entirely about one thing: the apparent end of the war in Iran.
Silver rises on US Dollar weakness as markets eye Fed decision
Silver (XAG/USD) advances on Tuesday and trades around $70.45 at the time of writing, up 0.60% on the day. The white metal extends its rebound as investors adjust positions ahead of the Federal Reserv ...
Euro: Limited upside versus Dollar – NBC
National Bank of Canada (NBC) argues that Euro upside against the Dollar is likely to be limited, as relative growth and interest rate differentials still favor the United States.
MRVL targets $400: Elliott Wave III expansion signals powerful upside move
Marvell Technology, Inc., (MRVL) provides data infrastructure semiconductor solutions & spanning data center core to network edge in the US & internationally. It comes under Technology – Semiconductor ...
SpaceX stock hits $200 in Tuesday premarket as company acquires Anysphere for $60 billion
SpaceX (SPCX) stock added another 4% in Tuesday's premarket to reach the $200 level on its third day of trading. Fervor for Elon Musk's rocket-cum-AI company has been strong since SpaceX went public l ...
RBA: Tightening bias under steady rates – BNY
BNY’s Bob Savage highlights that the Reserve Bank of Australia kept its cash rate unchanged at 4.35% but maintained a clear tightening bias. The Australian central bank emphasized that further rate hi ...
Japanese Yen: Policy path and support prospects – Rabobank
Rabobank’s FX Strategy team notes that USD/JPY is little changed after the latest BoJ meeting, with markets more focused on the upcoming Fed decision and new Fed President Warsh.
"The Yen's failure to strengthen will keep pressure to intervene": MUFG says BoJ hike alone won't break 160
The Japanese Yen (JPY) remains anchored around the critical 160.00 threshold against the US Dollar despite the Bank of Japan's (BoJ) historic decision to raise its benchmark interest rate to 1.00%.
Gold extends recovery above $4,300 with Fed decision, US-Iran deal in focus
Gold (XAU/USD) holds above the $4,300 mark on Tuesday as traders await further details on the peace framework between the United States (US) and Iran. At the time of writing, XAU/USD trades around $4, ...