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US firm T-Mobile has set out to buy out the regional company's US Cellular wireless operations, customers, stores and 30% of spectrum assets. The deal is set to amount to $4.4 billion.
This week, in the aftermath of a stock sale of $933 million done by the firm's management, the stock price of GameStop was observed to be recovering.
UBS Global Research has increased the end of year S&P 500 price target to 5,600. The target indicates an upside of more than 5.00%.
The Vietnamese electric vehicle maker VinFast has been considering buying a production plant in the United States for a total of $4 billion.
The Bank of Japan Board Member Seiji Adachi has hinted that the central bank could increase interest rates, if a decline in the Yen would cause more inflation.
As the European Union has been moving to increase tariffs on Chinese made electric vehicles, the Chinese government has decided to negotiate and make a deal with the EU.
The union of the workers of the South Korean giant Samsung Electronics has announced that the workers could strike next week unless its demands for higher wages were met.
The US Bureau of Economic Analysis has published the US Preliminary quarterly GDP data. US GDP has increased by 1.3% instead of the forecast 1.2%. Dollar index reacted to the news with an immediate dip of 11 base points that was followed by a further decline. However, the USD was already declining during the early hours of today's trading
The US Bureau of Economic Analysis has published the US Preliminary quarterly GDP data. US GDP has increased by 1.3% instead of the forecast 1.2%. Dollar index reacted to the news with an immediate dip of 11 base points that was followed by a further decline.
International Monetary Fund has raised its forecast for Chinese GDP growth, as the organization expects the Chinese economy to grow by 5.00%.
The mining company Anglo American has rejected BHP Group's offer to extend takeover talks further above the set deadline.
Most recent forecasts reveal that, as millions seek to acquire the weight loss drugs from Novo Nordisk and Eli Lilly, the total market could grow to $150 billion by early 2030s.
It has been reported that due to travellers looking for savings opportunities the prices for airline tickets might have peaked in Europe and Asia.
The Toyota Motor Company has showcased new compact engines that can be adapted to various fuels.
The recovery of gold stopped at 2,360.00. The level held and caused a decline back to the 2,326.60/2,334.40 range that has acted as support. Economic Calendar Analysis On Thursday, at 12:30 GMT the publication of the United States Preliminary GDP and Unemployment Claims could impact the market via a move of the USD. On Friday, the top event of the week will take
In general, the pair is still near 157.00. However, a new hihg was booked at midnight to Wednesday at 157.40. In the meantime, during the morning hours of the day, the pair confimred that the 50 and 100-hour simple moving averages are acting as support. Economic Calendar On Thursday, at 12:30 GMT the publication of the United States Preliminary GDP and
The 1.2800 level has been reached as expected. It has acted as resistance and the scenario of a decline has been ongoing. At mid-Wednesday, the pair passed below the 200-hour simple moving average and the weekly simple pivot point near 1.2725. Next target was the 1.2700 mark Economic Calendar On Thursday, at 12:30 GMT the publication of the United States Preliminary
Reuters has revealed that Chinese government data shows that in April iPhone sales in China surged by 52%.
On Monday the pair was once again approaching the 1.0875/1.0885 range. The range held and caused another decline of the pair that on Wednesday reached below the combination of the hourly moving averages and the weekly simple pivot point. Economic Calendar Analysis On Thursday, at 12:30 GMT the publication of the United States Preliminary GDP and Unemployment Claims could impact the market
The recovery of gold stopped at 2,360.00. The level held and caused a decline back to the 2,326.60/2,334.40 range that has acted as support. A recovery of the metal's price has to reach above 50 and 100-hour simple moving averages near 2,350.00 and the 2,360.00 mark. Higher above, the 200-hour SMA might act as resistance near 2,380.00, before teh 2,400.00
In general, the pair is still near 157.00. However, a new hihg was booked at midnight to Wednesday at 157.40. In the meantime, during the morning hours of the day, the pair confimred that the 50 and 100-hour simple moving averages are acting as support. A resumption of the prior surge of the Dollar against the Yen is set
The 1.2800 level has been reached as expected. It has acted as resistance and the scenario of a decline has been ongoing. At mid-Wednesday, the pair passed below the 200-hour simple moving average and the weekly simple pivot point near 1.2725. Next target was the 1.2700 mark If the 1.2700 level fails to hold, support could be looked for in
On Monday the pair was once again approaching the 1.0875/1.0885 range. The range held and caused another decline of the pair that on Wednesday reached below the combination of the hourly moving averages and the weekly simple pivot point. If the pair recovers, it might face resistance combination of the 50, 100 and 200-hour simple moving averages and the weekly
The President of the Minneapolis Federal Reserve Bank Neel Kashkari has stated to CNBC that the Fed needs to see more signs of declining inflation before a rate cut.