Markets
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) -The dollar rose to three-month peaks on Tuesday, after data showed U.S. inflation rose more than expected in January, reinforcing expectations that the Federal Reserve will hold interest rates steady in March. The greenback also topped 150 yen for the first time since November…
Last updated: February 22, 2024 03:23 EST | 2 min read Source: Midjourney Ethereum (ETH) co-founder Vitalik Buterin has once again voiced his concerns regarding overly complicated Layer 2 scaling solutions. Taking to social media on Wednesday, Buterin highlighted the potential risks associated with complex Layer 2 networks and urged for a…
Treasury yields finished little changed on Monday as traders looked ahead to the January consumer-price-index report, due out Tuesday. What happened The yield on the 2-year Treasury BX:TMUBMUSD02Y fell 1.9 basis points to 4.467%, from 4.486% on Friday. Yields move in the opposite direction to prices. The yield on the…
© Reuters. In the recent earnings call, KDDI (OTC:) Corporation (ticker: KDDIY (OTC:)) shared an update on its financial performance for the third quarter of the fiscal year ending March 2024. The company reported a year-on-year increase in operating revenues by 2.0%, totaling 40,265.5 billion yen, and a slight rise…
By Bernadette Christina and Dewi Kurniawati JAKARTA (Reuters) – Indonesian farmer Wardiyono typically starts planting his small rice field in November but this season he began only in January, when rains finally arrived after months of drought caused by an especially strong El Nino weather phenomenon. Three weeks on, he…
By Tetsushi Kajimoto TOKYO (Reuters) -Japan’s top currency officials warned on Wednesday against what they described as rapid and speculative yen moves overnight when the Japanese currency broke past 150 yen, undermining the trade-reliant economy. The dollar rose to three-month peaks on late Tuesday after data showed U.S. inflation rose…
Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.The Green Bitcoin (GBTC) presale has garnered significant interest within the cryptocurrency sphere, primarily owing to its unique ability to generate profits through Bitcoin price predictions while also emphasizing environmental consciousness. As the presale gathers…
Value stocks haven’t been this cheap relative to growth stocks in more than 30 years. But amid the extreme divergence, some on Wall Street see opportunity. Since January 1991, growth stocks have outperformed value stocks by a ratio of two-to-one, according to a team of analysts at Jefferies. That’s the…
© Reuters. Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.41% Investing.com – Saudi Arabia stocks were higher after the close on Sunday, as gains in the , and sectors led shares higher. At the close in Saudi Arabia, the gained 0.41%. The best performers of…
Investing.com– Gold prices steadied near a two-week high on Friday, crossing key levels as unwavering bets on interest rate cuts by the Federal Reserve weighed on the dollar, with nonfarm payrolls data due later in the day set to provide more cues. The yellow metal largely brushed off signals from…