Markets

Investing.com– Most Asian currencies moved little on Thursday as mild consolidation in the dollar offered some relief, while the Japanese yen firmed as expectations of government intervention offset data indicating an economic recession. Regional currencies were still reeling from a hotter-than-expected U.S. inflation reading, which saw traders further scale back…

Last updated: February 17, 2024 10:00 EST | 2 min read The National Banking and Securities Commission of Honduras (CNBS) has passed a resolution prohibiting the country’s financial institutions from engaging in cryptocurrency-related activities.The CNBS stated that crypto transactions cannot be guaranteed by the Honduran central bank due to the…

© Reuters Here is your weekly Pro Recap of the past week’s biggest headlines in the electric vehicle space: Musk wants to incorporate in TX; Cuts at Polestar; and Chinese EV deliveries. Get news like this in real-time by signing up for InvestingPro.Chinese startups report EV delivery numbersChina’s electric vehicle…

By Laila Kearney NEW YORK (Reuters) -Oil prices fell by about 2% on Friday and posted weekly losses after U.S. jobs data shrank the odds of imminent interest rate cuts in the world’s largest economy, which could dampen crude demand. Faltering growth in China and the possibility of some easing…

By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The dollar fell for a second straight session on Thursday after a mixed, but overall solid batch of U.S. economic data, which is unlikely to stop the Federal Reserve from cutting interest rates by June, the first since the pandemic. The was last…

Last updated: February 17, 2024 03:30 EST | 2 min read Source: Adobe/ymgerman Prices and trading volume for the Ethereum NFT collection Moonbirds experienced a significant surge on Friday following the announcement of Yuga Labs’ acquisition of the collection’s intellectual property alongside creator Proof.However, there were also considerable spikes in…

Lattice Semiconductor Corp.’s LSCC, -1.66% stock declined 8% in after-hours trading Monday after the company posted a decline in quarterly revenue and offered weak sales guidance. Lattice Semiconductor reported fiscal fourth-quarter net income of $98.7 million, or 72 cents a share, compared with net income of $51.9 million, or 38…

© Reuters. Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., February 1, 2024. REUTERS/Brendan McDermid/File Photo By Lewis Krauskopf NEW YORK (Reuters) -Robust U.S. economic data is confronting investors with an unexpected question: whether strong growth can keep driving stocks higher…

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