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Profit-taking is observed on stock indices. The data on wages in Australia haven’t met expectations
At the end of Tuesday, the Dow Jones Index (US30) fell by 0.29%. The S&P 500 Index (US500) was down 0.29%. The NASDAQ Technology Index (US100) closed negative 0.17%. Higher bond yields on Tuesday contributed to some profit-taking in equities after five consecutive sessions of gains. In addition, the liquidation of long positions in equities…
Japan’s Nidec targets Makino Milling in $1.6 billion unsolicited bid By Reuters – Forex Trader Hub
By Kantaro Komiya and Rocky Swift TOKYO (Reuters) -Japanese manufacturing giant Nidec said on Friday it planned to launch a 257 billion yen ($1.6 billion) bid for Makino Milling Machine, a surprise unsolicited takeover offer in a country better known for agreed deals. Nidec said the target’s board had not agreed to the offer of…
U.S. February CPI Readings Fall Short, Headline Inflation Down to 2.8%
The Consumer Price Index (CPI) increased by 0.2% in February month-on-month, below economists’ expectations of 0.3% uptick and slower than January’s 0.5% rise, according to data released by the U.S. Bureau of Labor Statistics. Headline annual inflation eased to 2.8% from 3.0% in the prior month. Key Points: Headline CPI fell from 2.8% to 3.8%…
Brunei Consumer Prices Dip for Third Time in 2025
In April 2025, consumer prices in Brunei experienced a modest dip of 0.1% compared to the same month the previous year. This decline is a slight improvement from the 0.5% decrease observed in March and represents the third annual decrease in 2025. Several categories continued to see price reductions, including food and non-alcoholic beverages, which…
A 25% Drop Shook Traders… but SHOP Still Points Higher – Forex Market Analysis – ForexCycle.com
Shopify (SHOP) enters the next quarters with solid momentum, and more importantly, its latest results suggest that this strength is not temporary. The company delivered 31% year‑over‑year revenue growth. Also, it saw GMV accelerate across North America, Europe, and Asia, with Europe alone growing 42% on a constant‑currency basis. As a result, management now expects…
