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Forex
Pound Sterling demonstrates strength ahead of BoE Bailey’s testimony
The Pound Sterling (GBP) trades higher against its major peers on Wednesday ahead of Bank of England (BoE) Governor Andrew Bailey’s testimony before Parliament's Treasury Committee scheduled at 14:30 GMT.
GBP/USD
Fxstreet
Wed, Mar 5
Other
Louis Vuitton to branch into beauty products, taps makeup star Pat McGrath
By Mimosa Spencer PARIS, March 5 (Reuters) - Louis Vuitton, the world's biggest fashion label, will begin selling beauty products this fall and has tapped British makeup artist Pat McGrath to lead creative direction for the new venture, expanding its offer as the industry seeks new avenues of...
Reuters
Wed, Mar 5
Technical Analysis
USD/CNH: Decline is likely part of a lower range of 7.2400/7.2800 – UOB Group
Further US Dollar (USD) weakness vs Chinese Yuan (CNH) is not ruled out, but any decline is likely part of a lower range of 7.2400/7.2800.
Fxstreet
Wed, Mar 5
Other
Campari pauses M&A to focus on brand growth amid US tariffs
New CEO to review brand portfolio, some could be soldM&A put on hold as group looks to trim debtAssessing how to offset impact of U.S. tariffsBy Elisa Anzolin MILAN, March 5 (Reuters) - Italian spirits group Campari CPRI.MI plans to put the brakes on M&A and focus on developing its most p...
Reuters
Wed, Mar 5
Stocks
Will Warren Buffett-Led Berkshire Hathaway Join the Dow Jones Industrial Average if It Issues Another Stock Split?
Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) is hovering around an all-time despite last week's sell-off in the major indexes. At the time of this writing, Berkshire's market cap is $1.11 trillion, making it the seventh most valuable U.S.-based company behind Apple, Nvidia, Microsoft, Amazon, Alph...
The Motley Fool
Wed, Mar 5
Forex
NZD/USD: Orr resigns from his position in the RBNZ – BBH
RBNZ Governor Adrian Orr unexpectedly resigned, BBH's FX analysts report.
NZD/USD
Fxstreet
Wed, Mar 5
Other
China's Catl Unit Released New Commercial Vehicle Chassis Solution
March 5 (Reuters) - Contemporary Amperex Technology Co Ltd 300750.SZ:SAYS UNIT RELEASED NEW COMMERCIAL VEHICLE CHASSIS SOLUTIONSource text
Reuters
Wed, Mar 5
Other
Greece raises 600 mln euros from one-year T-bills, yield drops
ATHENS, March 5 (Reuters) - Greece sold 600 million euros ($642.00 million) of one-year Treasury bills on Wednesday at a lower yield than the previous auction, debt agency PDMA said.The agency sold the new paper at a yield of 2.15%, down from 2.27% in December. The settlement date is March 7.($1 = 0...
Reuters
Wed, Mar 5
Other
Applovin Is In Talks To Sell Its Gaming Unit To Tripledot Studios In A $900 Million Deal-Business Insider
March 5 (Reuters) - Applovin Corp APP.O:ADTECH DARLING APPLOVIN IS IN TALKS TO SELL ITS GAMING UNIT TO TRIPLEDOT STUDIOS IN A $900 MILLION DEAL-BUSINESS INSIDERSource text: https://tinyurl.com/yvzp86ux
Reuters
Wed, Mar 5
Stocks
This Top Energy ETF Holds 112 Stocks. But These 2 Make Up Over 33% of Its Holdings.
One of the great things about investing in exchange-traded funds (ETFs) is that they provide instant diversification across a market or sector. Many hold 100 or more stocks. That diversification helps reduce risk. However, not all ETFs are as diversified as they seem. While the Vanguard Energy ETF (...
The Motley Fool
Wed, Mar 5
Other
French fiscal woes crimp Macron's defence spending plans
Macron wants to raise defence spending to 3-3.5% of GDPFrance's defence budget is currently 2% of GDP Outsized budget deficit leaves little room to manoeuvreBy Leigh Thomas PARIS, March 5 (Reuters) - President Emmanuel Macron wants to build up French defence spending as Washington threatens t...
Reuters
Wed, Mar 5
Forex
USD/JPY: To trade between 148.80 and 150.70 – UOB Group
Outlook is unclear; US Dollar (USD) could trade between 148.80 and 150.70 vs Japanese Yen (JPY).
USD/JPY
Fxstreet
Wed, Mar 5
Stocks
The Nasdaq Is in a Correction – Here Are 2 Stocks You Can Buy on Sale Right Now
A stock market correction is generally defined as a drop of 10% from recent highs, and the tech-heavy Nasdaq Composite just got there. The Nasdaq has been the best performing major market index for the past two years but has not exactly started 2025 on a high note.However, this has created some inte...
The Motley Fool
Wed, Mar 5
Forex
AUD/USD: RBA projects growth to return to its trend rate of 2% over 2025 – BBH
AUD/USD is firmer on US Dollar (USD) weakness, BBH's FX analysts report.
AUD/USD
Fxstreet
Wed, Mar 5
Stocks
2 Growth Stocks Down Over 38% to Buy Right Now
Buying shares of the right growth stocks can help set you up for a happy retirement. Sometimes you get the chance to buy shares at discounts, which can be to your advantage. Here are two growth stocks that have stumbled but are still on track to deliver excellent returns for long-term investors.1. A...
The Motley Fool
Wed, Mar 5
Stocks
Brinker Applying Chili's Success to Maggiano's
Brinker International (NYSE: EAT), parent company of Chili's and Maggiano's restaurant chains, held its second-quarter fiscal 2025 conference call on January 29, 2025. The company posted excellent performance with same-restaurant sales up 31% year over year at Chili's. Management attributed this suc...
The Motley Fool
Wed, Mar 5
Cryptocurrencies
Why AAVE is rallying even as Bitcoin, Ethereum, XRP lag
Aave (AAVE), the native token of the Aave lending protocol, is rallying on Wednesday as the crypto market recovers from Monday’s bloodbath.
Bitcoin
Ethereum
XRP
Fxstreet
Wed, Mar 5
Stocks
India's Waaree Energies rise as Kotak expects new initiatives to boost earnings
** Shares of Waaree Energies WAAN.NS rise 5% to 2,213.95 rupees, set to snap four-session losing streak** Company on Friday announced new initiatives - electrolyser manufacturing, battery energy storage systems, inverters and renewable power infrastructure - at its investor day** Kotak Institutional...
Reuters
Wed, Mar 5
Other
Ford Motor Company Is Recalling 18,648 U.S. Vehicles - Nhtsa
March 5 (Reuters) - Ford Motor Co F.N:FORD MOTOR COMPANY IS RECALLING 18,648 U.S. VEHICLES - NHTSAFORD MOTOR COMPANY IS RECALLING SOME U.S. VEHICLES AS A LOSS OF DRIVE POWER INCREASES THE RISK OF A CRASH. IN ADDITION, A DISCONNECTED HALF SHAFT CAN RESULT IN A VEHICLE ROLLAWAY IF THE PARKING BRAKE I...
Reuters
Wed, Mar 5
Stocks
This Beaten-Down Artificial Intelligence (AI) Stock Could Be a Solid Long-Term Winner
2025 started rough for C3.ai (NYSE: AI) with shares of the enterprise artificial intelligence (AI) software provider dropping 35% year to date, but a closer look at its business indicates that the market may not be giving this company its due.C3.ai's enterprise AI software solutions are gaining trac...
The Motley Fool
Wed, Mar 5
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