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Forex
BUZZ-COMMENT-Wise to hedge risk that EUR/USD has dropped into lower range
Feb 27 (Reuters) - It's wise to hedge the risk that EUR/USD has dropped into lower range but also the potential that the pair has resumed its longer-term decline, which could result in a drop to a multi-year low.For almost two years EUR/USD traded tight ranges within 1.0448-1.1276 extremes but m...Reuters
Thu, Feb 27
Cryptocurrencies
Floki Among Altcoins Seeing Whale Activity Spike: Sign Of Dip Buying?
On-chain data shows Floki is among the altcoins seeing the largest spike in whale activity, a sign that could be bullish for the memecoin’s price. Floki Has Just Seen A 450% Increase In Whale Transaction Count In a new post on X, the on-chain analytics firm has talked about how the various alt...Bitcoinist
Thu, Feb 27
Other
BRIEF-Mobvista Says In Talks For Potential Disposal Of Mintegral Business
Feb 27 (Reuters) - Mobvista Inc 1860.HK:NOTES MEDIA REPORTS REGARDING A POTENTIAL DISPOSAL BY COMPANY OF ITS MINTEGRAL BUSINESS.IS STILL IN PROCESS OF EVALUATING POTENTIAL DISPOSAL AND NO DEFINITIVE OR BINDING AGREEMENT HAS BEEN ENTEREDHAS BEEN IN DISCUSSION WITH POTENTIAL BUYERS IN RESPECT OF A DIS...Reuters
Thu, Feb 27
Commodities
GRAINS-Wheat extends losses as cold snap causes no major damage to winter crops
Adds analyst comment, details and updates prices CANBERRA, Feb 27 (Reuters) - Chicago wheat futures fell on Thursday, bringing their decline since hitting an eight-month high last week to around 7%, as it became evident that Northern Hemisphere winter crops had got through a period of cold weathe...Reuters
Thu, Feb 27
Commodities
Engie's net operating profit for 2024 down 6.2%
PARIS, Feb 27 (Reuters) - French utility Engie ENGIE.PA posted a 6.2% fall in 2024 operating profit excluding nuclear on Thursday, due to a decline in gas prices, the impact of an energy tax in France and a decrease in gas-fired power plant usage in Europe.The company, which sells and trades electri...Reuters
Thu, Feb 27
Forex
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
Other
Aixtron expects 2025 revenue below last year's level
Feb 27 (Reuters) - German chip systems manufacturer Aixtron AIXGn.DE expects its 2025 revenue to come in below last year's level, it said on Thursday citing a challenging market environment.The group expects full-year revenue to come in between 530 million and 600 million euros ($554.65-$627.90 ...Reuters
Thu, Feb 27
Other
Prysmian sees core profit rising 22% this year pushed by growth, Encore acquisition
MILAN, Feb 27 (Reuters) - Italy's Prysmian PRY.MI on Thursday forecast its adjusted core profit would rise as much as 22% this year, with organic growth complemented by the effects of the $4.2 billion Encore Wire acquisition made in 2024.The world's largest cable maker, which is currently co...Reuters
Thu, Feb 27
Stocks
GLOBAL MARKETS-Dollar firms on US tariff anxiety; Nvidia gives little steer to stocks
Updates prices ahead of European openDollar rises as Treasury yields rebound amid mixed trade policy messagesAsian stocks wilt, tech shares largely ignore Nvidia results Bitcoin wobbles near $85,000Gold steady as trade war threat hurts sentimentBy Kevin Buckland TOKYO, Feb 27 (Reuters) - The U.S....Reuters
Thu, Feb 27
Stocks
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
Stocks
South African Markets - Factors to watch on February 27
JOHANNESBURG, Feb 27 (Reuters) - The following scheduled economic event, company announcements, equity and currency market moves may affect South African markets on Thursday.ECONOMIC EVENTSSouth Africa January producer inflation figuresCOMPANIESImpala Platinum half-year profit plunges 43% as low met...Reuters
Thu, Feb 27
Cryptocurrencies
Bitcoin Post-Election Rally Crushed: Prices Dip Below $84,000 As Tariff Tensions Rise
On Wednesday, Bitcoin (BTC) prices plummeted to a four-month low, reaching as low as $81,000, as the anticipated “Trump bump” in the markets faded. This has prompted investors and traders to hedge against further decreases, with Bitcoin options indicating a notable interest in put option...NewsBTC
Thu, Feb 27
Cryptocurrencies
Is Bitcoin Undervalued? Crypto Sentiment Index Flashes “Massive Contrarian Buy Signal”
Bitcoin (BTC) has experienced one of its largest price pullbacks in recent times, plunging from $96,131 on February 24 to a potential local bottom of $85,418 today. The decline triggered liquidations exceeding $1.5 billion, with the majority coming from long positions. Is It Time To Buy Bitcoin? The...NewsBTC
Thu, Feb 27
Cryptocurrencies
Is FXGuys the Next Big Altcoin? Litecoin and CAKE Holders Seem to Think So
Imagine getting same-day payouts, unlimited withdrawals, and up to $500,000 in funds—all in one platform. That’s exactly what FXGuys ($FXG) promises. It is shaking up the crypto trading scene, attracting Litecoin (LTC) and PancakeSwap (CAKE) holders looking for the next big altcoin. With powerful trading perks, passive income opportunities, and a recently launched BETA trading […]Cryptopolitan
Thu, Feb 27
Other
India court orders Amazon to pay $39 million in damages in Beverly Hills Polo Club case
Damages awarded are highest in a trademark case in India, lawyer saysCourt rules apparel sold on Amazon India had almost identical logo to "Beverly Hills Polo Club"Amazon India denied wrongdoing in disputeUpdates February 26 story to add comment from ruling party lawmaker in paragraphs 11-12...Reuters
Thu, Feb 27
Forex
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
