Tag: cent
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Asian shares climb ahead of US jobs data, Fed’s Waller soothes bonds
SYDNEY, Sept 4 : Asian shares rose on Friday as investors embraced a global rally before crucial U.S. jobs data, while bonds found some much needed relief after a top Federal Reserve official cooled rate hike fears and dragged the dollar lower.The dollar’s retreat turbocharged a rally in the yen, which has ga
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Yen headed for strongest week in a month, dollar flat ahead of payroll data
HONG KONG, Sept 4 : The Japanese yen clung to its gains against the U.S. dollar on Friday and was on track for its strongest week in more than a month, as traders ramped up bets on a Bank of Japan interest rate hike and broader currency markets awaited U.S. payrolls data. The Japanese yen…
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Snowflake’s AI-powered results send shares soaring, buoy software stocks
Sept 3 : Snowflake shares surged nearly 25 per cent on Thursday after the company raised its annual product revenue forecast, strengthening investor confidence that AI-related spending could be a powerful driver of growth for software firms.The upbeat forecast buoyed software stocks across the board, with Ser
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Yen jumps on BOJ hike bets, dollar slips on Waller comments
NEW YORK, Sept 3 : The yen jumped by 2 per cent against the U.S. dollar on Thursday as traders ramped up bets on a Bank of Japan interest rate hike, while analysts pointed to BOJ data showing no official intervention behind the currency’s strong gains on Wednesday.The dollar, meanwhile, added to losses after
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Stocks gain as bonds recover; rising Gulf tensions boost oil
LONDON, Sept 3 : Global stocks and bonds rallied on Thursday, ahead of U.S. data and central banker comments that could reinforce investor expectations the Federal Reserve will raise rates this month.A recovery in global bonds helped improve sentiment in equities, while the yen powered towards its biggest two
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Stocks, bonds gain ahead of US data, Fed comments; yen rallies
LONDON, Sept 3 : Global stocks and bonds rallied on Thursday, while the yen rose ahead of U.S. data and central banker comments that could reinforce investor expectations the Federal Reserve will raise rates this month.Japanese government bond yields slid from historic peaks, tracking a recovery in global bon
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Shares, bonds rally as markets await Fed signals; yen jumps
TOKYO, Sept 3 : Shares and bonds staged a relief rally in Asia on Thursday while the yen added to gains as investors awaited fresh U.S. data and central banker comments for signals that could determine whether the Federal Reserve tightens policy this month. Japanese government bond yields slid from historic
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Shares, bonds rally as markets await signals for Fed rates
TOKYO, Sept 3 : Shares and bonds staged a relief rally in Asia on Thursday while the yen held on to gains as investors awaited fresh U.S. data and central banker comments for signals that could determine whether the Federal Reserve tightens policy this month. Japanese government bond yields slid from histori
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HPE raises forecasts on AI demand, shares fall on supply concerns
Sept 2 : Hewlett Packard Enterprise raised its annual forecasts on Wednesday after reporting quarterly results that beat Wall Street expectations, as surging AI-related demand across networking and servers drove growth across its business.However, the company’s shares slipped more than 3 per cent in extended
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HPE raises annual forecasts as AI, networking demand lifts quarterly revenue
Sept 2 : Hewlett Packard Enterprise raised its annual forecasts on Wednesday after reporting quarterly results that beat Wall Street expectations, as surging AI-related demand across networking and servers drove growth across its business.Shares of the company, however, fell 8 per cent in extended trading.
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