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Forex
PIX-BofA lifts near‑term rupee forecast by 2% to 88.60–89 after U.S. trade deal
By Dharamraj Dhutia MUMBAI, Feb 4 (Reuters) - Bank of America expects the Indian rupee to strengthen further by the end of March, after a trade agreement with the U.S. led to its sharpest gain in over seven years on Tuesday, the bank's top treasury official in India told Reuters."We are e...Reuters
Wed, Feb 4
Stocks
Spanish stocks - Factors to watch on Feb 4
Feb 4 (Reuters) - The following Spanish stocks may be affected by newspaper reports and other factors on Wednesday. Reuters has not verified the newspaper reports, and cannot vouch for their accuracy: SANTANDER SAN.MCSantander said on Tuesday its 2025 net profit rose 12% to a record 14.1 billion...Reuters
Wed, Feb 4
Cryptocurrencies
Pi Network Price Forecast: PI maintains stability as technical outlook remains uncertain
Pi Network (PI) trades above $0.1600 at press time on Wednesday, struggling to extend the 2% gains from Monday. A steady increase in deposits at exchanges supporting PI tokens and the trimming of Pi Foundation holdings add to downside pressure.Fxstreet
Wed, Feb 4
Other
Panasonic's battery unit posts 3.5% drop in Q3 operating profit
TOKYO, Feb 4 (Reuters) - Quarterly operating profit for Panasonic Holdings' 6752.T key energy unit, which makes batteries for Tesla TSLA.O, fell 3.5% from a year earlier on lower sales in North America as conditions in the electric-vehicle market worsened.The segment posted an operating income o...Reuters
Wed, Feb 4
Other
Novo Nordisk's shock 2026 guidance points to obesity battle heating up
Novo forecasts profit and sales to fall as much as 13% in 2026Analysts had expected 2% decline on averageNovo competes with Eli Lilly in lucrative obesity drug marketMarket faces price pressures, rising competitionBy Maggie Fick and Jacob Gronholt-Pedersen LONDON/COPENHAGEN, Feb 4 (Reuters) - Dan...Reuters
Wed, Feb 4
Commodities
TECHNICALS-CBOT soybeans to retrace into $10.56-1/2 to $10.59-1/2 range
For more technical analyses, please click SINGAPORE, Feb 4 (Reuters) - The CBOT soybean March contract SH26 is expected to retrace into a range of $10.56-1/2 to $10.59-1/2 per bushel, as it failed to break a resistance at $10.68-1/2.The resistance is near the peak of a wave b. The failure to overcom...Reuters
Wed, Feb 4
Stocks
REFILE-Indonesia to unveil new market rules draft after $80 billion market rout
JAKARTA, Feb 4 (Reuters) - The Indonesia Stock Exchange will release a draft of new market regulations on Wednesday, the country's financial regulator said, as it looks to move quickly to address concerns raised by index MSCI that triggered an $80 billion market selloff last week.Indonesia has p...Reuters
Wed, Feb 4
Forex
Handbags and hashtags: Japan's Takaichi rides youth-led craze into election
Japan's first female leader called February 8 ballotPolls suggest she is on track for big election win Takaichi's social media following dwarfs her rivals'By Tim Kelly and Joseph Campbell TOKYO, Feb 4 (Reuters) - The handbag she carries is sold out, her pink pen has gone viral and eve...Reuters
Wed, Feb 4
Stocks
Could Applied Digital Stock Help You Become a Millionaire?
Key PointsApplied Digital will be bringing multiple AI data centers online through 2027.It has inked lucrative agreements with CoreWeave and another major AI company.The stock may fall short of high expectations following its 700% run since mid-2024.10 stocks we like better than Applied Digital › Ar...The Motley Fool
Wed, Feb 4
Commodities
Gold: Strong rebound after sharp declines – UOB
Gold prices rebounded strongly on Tuesday, reversing previous declines. The price rose by US$285.38 (6.1%) to US$4,946.76 per troy ounce. Silver also saw a significant rebound, increasing by US$5.89 (7.4%) to US$85.16 per troy ounce.
Fxstreet
Wed, Feb 4
Stocks
India's Axiscades Technologies gains on unit bagging orders from US customers
Shares of Axiscades Technologies AXIT.NS rise 5% to 1,228.30 rupeesStock hits upper limit of exchange-mandated trading bandCo's subsidiary Mistral Solutions received development and production contracts worth 135 mln rupees ($1.4 mln) from US customers post the India-US trade dealOrders from Axo...Reuters
Wed, Feb 4
Other
Bastogi Signs Prelim Agreement For Sale Of Forumnet Group To Live Nation
Feb 4 (Reuters) - Bastogi SpA BTGI.MI:REPORTED ON TUESDAY IT SIGNED A PRELIMINARY AGREEMENT FOR THE SALE OF 100% OF FORUMNET GROUP TO LIVE NATIONSALE PRICE STARTS FROM AN ENTERPRISE VALUE OF EUR 90 MLNCLOSING EXPECTED TO BEGIN ON MARCH 31 2026Reuters
Wed, Feb 4
Commodities
Vietnam willing to boost US purchases, trade minister says, as new round of tariff talks begins
HANOI, Feb 4 (Reuters) - Vietnam is willing to increase purchases of U.S. goods, especially machinery and high‑tech products, its trade minister said on Wednesday, as the Southeast Asian nation began a sixth round of tariff negotiations in Washington this week.Trade Minister Le Manh Hung met with se...Reuters
Wed, Feb 4
Forex
EUR/JPY Price Forecast: Positive outlook remains intact, first upside barrier emerges near 186.00
The EUR/JPY cross attracts some buyers near 184.95 during the early European session on Wednesday. The Japanese Yen (JPY) weakens against the Euro (EUR) amid fiscal concerns on the back of Japanese Prime Minister Sanae Takaichi's reflationary policies.
Fxstreet
Wed, Feb 4
Cryptocurrencies
Tether has pulled back from its original $15 billion to $20 billion fundraising plan
Tether has walked away from plans to raise up to $20 billion after top investors said no to the company’s $500 billion valuation. The crypto giant, based in El Salvador, had started talks last year to raise a massive round that could’ve put it among the most valuable private companies on earth. But the demand […]Cryptopolitan
Wed, Feb 4
Other
PRESS DIGEST-New York Times business news - February 4
Feb 4 (Reuters) - The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy.- One of Netflix's NFLX.O co-chief executives, Ted Sarandos, told U.S. senators on Tuesday about its $83 billion purchase of Warn...Reuters
Wed, Feb 4
Other
Novartis expects low single-digit decline in 2026 operating profit
FRANKFURT, Feb 4 (Reuters) - Swiss drugmaker Novartis NOVN.S forecast a decline in 2026 operating profit in the low single-digit percentage range on Wednesday, held back by competition from cheaper copies of established products such as heart drug Entresto.Reuters
Wed, Feb 4
