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PRECIOUS-Gold slips on dollar's strength, rising Treasury yields; US PCE data in focus
Dollar was up 0.2% against rival currenciesSeveral Fed officials scheduled to speak later in the dayU.S. PCE data due on FridayUpdates with mid-session tradingBy Anushree Mukherjee Feb 27 (Reuters) - Gold eased on Thursday, pressured by a stronger U.S. dollar and rising Treasury yields, while inv...Reuters
Thu, Feb 27
Dollar bolstered as Trump's mixed tariff messages stir uncertainty
TOKYO, Feb 27 (Reuters) - The U.S. dollar firmed above an 11-week trough on Thursday as vague pledges from U.S. President Donald Trump to impose tariffs on Europe and further delays to levies planned for Canada and Mexico stoked uncertainty.Reuters
Thu, Feb 27
REFILE-BlackRock to reassess Australian exposure amid stretched valuations, weak growth
Corrects to add more details to job role in paragraph 2By Christine Chen SYDNEY, Feb 27 (Reuters) - BlackRock BLK.N, the world's largest asset manager, said on Thursday it was considering shifting focus away from Australia due to stretched valuations and weak growth, eyeing better opportuniti...Reuters
Thu, Feb 27
JGB yields rise on renewed bets for BOJ's rate hike
TOKYO, Feb 27 (Reuters) - Japanese government bond (JGB) yields rose on Thursday as bets on the Bank of Japan's early interest rate hike revived, after heavy bond buying was triggered this week, following the comments by the central bank's governor Kazuo Ueda.
Reuters
Thu, Feb 27
TSMC needs government permission for overseas joint ventures, Taiwan minister says
TAIPEI, Feb 27 (Reuters) - Taiwan Economy Minister Kuo Jyh-huei said on Thursday that chipmaker TSMC 2330.TW would need government permission for any overseas joint ventures, but the government will not interfere in its decisions.Reuters
Thu, Feb 27
[Reuters Breakingviews] Seven & i hurtles towards a shareholder showdown
MUMBAI, Feb 27 (Reuters Breakingviews) - In Japan these days there is nothing quite like an annual meeting to focus the mind of a company losing its strategic way. After six months of defending itself against a takeover by Canada's Alimentation Couche-Tard ATD.TO, convenience store owner Seven & i 3Reuters
Thu, Feb 27
EUR/GBP falls to near 0.8250 as Trump threatens 25% tariffs on the European Union
EUR/GBP extends its losses for the second consecutive day, trading around 0.8270 during Asian hours on Thursday. The currency cross remains under pressure due to a weakened Euro (EUR) following threats from US President Donald Trump to impose 25% tariffs on the European Union (EU).
Fxstreet
Thu, Feb 27
Trump orders more layoffs, Musk touts cuts at cabinet meeting
U.S. President Donald Trump's administration on Wednesday ordered federal agencies to undertake more large-scale layoffs of workers, while the president let downsizing czar Elon Musk take a star role at his first cabinet meeting and discuss his ambitious budget-cutting targets.Reuters
Thu, Feb 27
Snowflake stock soar 14% on earnings beat, Microsoft AI partnership
Snowflake Inc (NYSE:SNOW) saw its shares surge 13.9% after-hours Wednesday after the AI Data Cloud company reported fourth-quarter earnings that exceeded analyst expectations and announced an expanded partnership with Microsoft (NASDAQ:MSFT) to integrate OpenAI models.Investing.com
Thu, Feb 27
Bitcoin Price At The End Of The Bull Market? Analyst Shows Where We Are In The Cycle
Given the bearish state of the market and the recent Bitcoin price crash below $95,000, it’s unsurprising if many would believe that the end of the bull market is here. However, a crypto analyst negates this possibility, sharing details regarding the current position the market is in this bull cycle
eBay shares tumble as Q1 revenue guidance disappoints
SAN JOSE, Calif. - eBay Inc (NASDAQ:EBAY) shares fell 7.7% in after-hours trading on Tuesday after the e-commerce giant provided weaker-than-expected revenue guidance for the first quarter, overshadowing its fourth-quarter earnings beat.Investing.com
Thu, Feb 27
China's yuan dips as tariff fears hurt sentiment
HONG KONG, Feb 27 (Reuters) - China's yuan slipped against the U.S. dollar on Thursday as investors remain cautious amid uncertainty over U.S. tariffs and broader economic policies under the Trump administration.By 04:35 GMT, the yuan CNY=CFXS was 0.15% down at 7.2690 to the dollar after trading...
Reuters
Thu, Feb 27
Gold price trades with modest losses; holds above $2,900 amid rising trade tensions
Gold price (XAU/USD) attracts fresh sellers during the Asian session on Thursday, though it manages to hold above the $2,900 round-figure mark. A pickup in the US Treasury bond yields assists the US Dollar (USD) in moving away from its lowest level since December 10 retested on Wednesday and undermi
Fxstreet
Thu, Feb 27
Nvidia delivers better-than-expected guidance after Q4 results top estimates
Nvidia on Wednesday reported Q4 results that topped estimates and delivered better-than-expected revenue guidance for the current quarter, stoking optimism on demand outlook for the chipmaker's next-generation AI Blackwell chips.Investing.com
Thu, Feb 27
Japan's Nikkei rebounds; Advantest drops as Nvidia's strong growth forecast fails to cheer
TOKYO, Feb 27 (Reuters) - Japan's Nikkei share average edged up on Thursday, rebounding from its declines in previous sessions, but gains were limited as chip company Advantest fell despite a strong growth forecast by its client Nvidia. The Nikkei .N225 was up 0.15% at 38,198.96 by the midday br...Reuters
Thu, Feb 27
