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The U.S. dollar has weakened against the yen and sterling, as investor concerns about a global trade war have eased. Japan's currency has also been supported by rising expectations for further interest rate hikes from the Bank of Japan. Sterling is firm even with the Bank of England expected to cut rates later today.
Published on: February 06, 2025, 02:00 AM UTC
US stock futures edge higher as markets weigh Big Tech AI spending, tariffs impact
Published on: February 06, 2025, 02:00 AM UTC
MicroStrategy Rebrands to Strategy, Underscoring Commitment to Bitcoin Treasury
Published on: February 06, 2025, 01:03 AM UTC
Gold demand hits record highs as central banks and investors seek safe haven amid escalating tariffs, pushing prices above $2,800 per ounce and driving bullish sentiment for the precious metal.
Published on: February 06, 2025, 01:02 AM UTC
US stocks ended Wednesday higher after recovering from early losses. Despite disappointing earnings from Alphabet (GOOG) and AMD (AMD), gains in technology shares fueled by a surge in Nvidia (NVDA) boosted the Nasdaq Composite by 0.2%. The benchmark S&P 500 rose 0.4%, while the Dow Jones Industrial Average led the way, climbing 0.7%, or over 300 points.
Published on: February 06, 2025, 01:02 AM UTC
Asian stocks rise Thursday, following gains on Wall Street amid volatile trading in currency markets and a mixed economic data week.
Published on: February 06, 2025, 01:01 AM UTC
Oil steadies near the lowest this year as President Donald Trump's geopolitical positions and threats of tariffs on energy weigh on the outlook.
Published on: February 06, 2025, 01:00 AM UTC
Inflation, tariffs and volatility seen as top concerns for global markets in 2025
Published on: February 06, 2025, 01:00 AM UTC
Asian equity markets are poised to open higher after Wall Street stocks and bonds rallied on Wednesday, buoyed by a drop in yields and mixed economic data. The moves come amid ongoing trade tensions and earnings reports from tech companies.
Published on: February 06, 2025, 12:03 AM UTC
Amazon set to report earnings after Big Tech peers miss expectations. Analysts expect EPS of $1.50 and revenue of $187.3 billion, up from $1.00 and $169.9 billion last year. Investors will also be looking for Amazon's response to the breakout success of Chinese AI upstart DeepSeek.
Published on: February 06, 2025, 12:03 AM UTC