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BRIEF-Zaggle Prepaid Ocean Services Enters Agreement With Redington
Feb 18 (Reuters) - Zaggle Prepaid Ocean Services Ltd ZAGG.NS:ZAGGLE PREPAID OCEAN SERVICES LTD - ENTERS AGREEMENT WITH REDINGTONZAGGLE PREPAID OCEAN SERVICES LTD - GOOGLE TO PARTNER WITH ZAGGLE VIA REDINGTONZAGGLE PREPAID OCEAN SERVICES LTD - CONTRACT TO BE EXECUTED OVER 5 YEARSZAGGLE PREPAID OCEAN ...Reuters
Tue, Feb 18
Forex
AUD/NZD rallies to 1.1130 area, closer to multi-month top after RBA’s 25 bps rate cut
The AUD/NZD cross stages a goodish rebound from over a one-week low, around the 1.1075 region touched during the Asian session on Tuesday, and gains follow-through traction after the Reserve Bank of Australia (RBA) announced its policy decision.
Fxstreet
Tue, Feb 18
Commodities
GRAINS-Wheat eases from 4-month highs on US dollar strength
CANBERRA, Feb 18 (Reuters) - Chicago wheat futures fell on Tuesday as the U.S. dollar strengthened, but prices remained near Friday's four-month high as cold weather threatened crops in the Black Sea and U.S. Plains regions.Corn and soy futures also slipped.FUNDAMENTALS* The most-active wheat co...Reuters
Tue, Feb 18
Forex
Australia's central bank cuts cash rate to 4.10%
SYDNEY, Feb 18 (Reuters) - Australia's central bank cut interest rates on Tuesday for the first time since the depths of the 2020 pandemic, saying progress had been made on inflation though it was still cautious about the outlook.Wrapping up its February policy meeting, the Reserve Bank of Austr...Reuters
Tue, Feb 18
Cryptocurrencies
Ethereum Price Defies The Trend—Beating Bitcoin in Recent Gains
Ethereum price is showing positive signs above the $2,650 zone. ETH is outshining Bitcoin and might start another increase in the near term. Ethereum is holding gains and aiming for more gains. The price is trading above $2,650 and the 100-hourly Simple Moving Average. There is a connecting bullish ...NewsBTC
Tue, Feb 18
Other
Complaints targeting BYD flood Chinese consumer portal after smart EV launch
BEIJING, Feb 18 (Reuters) - Complaints about BYD 002594.SZ, 1211.HK over its move to offer free smart driving features across most of its line-up have flooded a prominent Chinese auto quality platform, many from customers who said they had overpaid for their cars. Over 4,700 complaints were filed...Reuters
Tue, Feb 18
Commodities
BREAKINGVIEWS-BHP's copper dreams get a glimpse at reality
The author is a Reuters Breakingviews columnist. The opinions expressed are his own.By Antony CurrieSYDNEY, Feb 18 (Reuters Breakingviews) - BHP BHP.AX boss Mike Henry is a little bit too keen to express his preference for organic growth over M&A. Granted, on the surface results for the six mont...Reuters
Tue, Feb 18
Commodities
LNG vessel sails through Red Sea passage in second voyage this year
SINGAPORE, Feb 18 (Reuters) - An unloaded liquefied natural gas (LNG) tanker is sailing through the Red Sea, enroute to go past Yemen and the Gulf of Aden, and set to be the second vessel of its kind to take the passage so far this year. LNG tankers have largely avoided taking the Red Sea route afte...Reuters
Tue, Feb 18
Other
White House says Musk is not DOGE employee, has no authority to make decisions
WASHINGTON, Feb 17 (Reuters) - Billionaire Elon Musk's role in the Trump administration is as a White House employee and senior adviser to the president, and is not an employee of the Department of Government Efficiency (DOGE) and has no decision-making authority, the White House said in a court...Reuters
Tue, Feb 18
Other
New York Governor Hochul to meet for talks on embattled NYC mayor
DOJ seeks to withdraw charges after Adams cooperates with TrumpDeputy mayors pull support from mayor in responseCity comptroller threatens to begin removal proceedingsRecasts lede with Hochul statement, changes throughoutBy Daniel Trotta and Jasper Ward Feb 17 (Reuters) - New York Governor Ka...Reuters
Tue, Feb 18
Stocks
Japan's Nikkei gains as investors pick up banks and defence shares
By Brigid Riley TOKYO, Feb 18 (Reuters) - Japan's Nikkei share average rose on Tuesday, as investors cherry-picked banks on interest rate-hike bets and defence stocks after their European peers closed higher overnight.The Nikkei .N225 had climbed 0.3% to 39,296.11 by the midday break, while t...Reuters
Tue, Feb 18
Forex
AUD/JPY Price Forecast: Tests nine-day support below 96.50 ahead of RBA policy decision
AUD/JPY tests the immediate support at the nine-day EMA of 96.34. The 14-day RSI remains just below the 50 mark, reinforcing the prevailing bearish momentum. The primary barrier appears around the descending channel’s upper boundary at the 97.00 level.
Fxstreet
Tue, Feb 18
Cryptocurrencies
XRP Price Pump To $3.35 On The Horizon With Bullish Cup And Handle Pattern Formation
The XRP price is getting ready for a significant pump, as a new Cup and Handle pattern has just formed on its chart. A crypto analyst who identified the pattern has released an analysis, predicting that XRP could rise to $3.35, marking a new local high for the cryptocurrency. Cup And Handle Pattern ...Bitcoinist
Tue, Feb 18
Cryptocurrencies
Key Metrics Indicate Toncoin Accumulation Continues Despite Price Struggle
After a steady decline, Toncoin (TON) has seen a slight price increase over the past day, rising by 1.7% to $3.85. This movement comes amidst ongoing discussions about its longer-term performance and accumulation trends. According to an analysis by CryptoQuant analyst Shiven Moodley, there are indic...NewsBTC
Tue, Feb 18
Cryptocurrencies
Want to Make Money Fast in Crypto? This Coin Under $1 Could Be Your Best Bet Right Now
If you’re looking to make money fast in crypto, Lightchain AI might be your best bet right now. Priced at just $0.006, Lightchain AI is an AI-powered blockchain project that’s quickly gaining investor interest. With its innovative technology offering scalability, security, and decentralized solutions, Lightchain AI stands out from the crowd of speculative coins. The […]Cryptopolitan
Tue, Feb 18
Cryptocurrencies
Bitcoin Price Pulls Back to Support—Breakdown or Bounce Ahead?
Bitcoin price started another decline below the $96,800 zone. BTC is retesting the $95,500 support zone and might struggle to recover losses. Bitcoin started a fresh decline from the $98,000 zone. The price is trading below $96,500 and the 100 hourly Simple moving average. There is a key bearish tre...NewsBTC
Tue, Feb 18
Economic Indicator
China’s NDRC: Precise policies to be implemented to help ease difficulties faced by private firms
The National Development and Reform Commission (NDRC), China’s state planner, said in a statement on Tuesday that “precise' policies to be implemented to help ease difficulties faced by private companies.” Additional takeaways 'Current' political, economic and social environment very conducive to development of private economy.
Fxstreet
Tue, Feb 18
