January 2025 – Page 37

British pound extends losing streak on first trading day

Posted by invnet
|Date: Thursday, 2 January 2025
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British pound extends losing streak on first trading day

Deutsche Bank (ETR:DBKGn) analysts noted that the pound fell over one percent today, contributing to a lo ...

Deutsche Bank (ETR:DBKGn) analysts noted that the pound fell over one percent today, contributing to a long-term pattern where sterling has only posted three positive returns on the first trading day ...

Thursday, 2 January 2025
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Meme coins surged 500% in 2024 as social capital eclipses traditional metrics

Posted by invnet
|Date: Thursday, 2 January 2025
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Meme coins surged 500% in 2024 as social capital eclipses traditional metrics

According to a report by DWF Labs, the market capitalization of meme coins skyrocketed from $20 billion i ...

According to a report by DWF Labs, the market capitalization of meme coins skyrocketed from $20 billion in January to over $120 billion by the end of 2024, up 500% within a single year.These digital t ...

Thursday, 2 January 2025
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Bybit Invites Global University Students to Unleash Creativity in Merch Design Challenge with $50,000 USDT Prize Pool

Posted by invnet
|Date: Thursday, 2 January 2025
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Bybit Invites Global University Students to Unleash Creativity in Merch Design Challenge with $50,000 USDT Prize Pool

Bybit, the world’s second-largest cryptocurrency exchange by trading volume, today announced the launch o ...

Bybit, the world’s second-largest cryptocurrency exchange by trading volume, today announced the launch of the Bybit Merch Creative Challenge, an exclusive design competition open to university studen ...

Thursday, 2 January 2025
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UK factories report sharpest contraction in nearly a year, PMI shows

Posted by invnet
|Date: Thursday, 2 January 2025
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UK factories report sharpest contraction in nearly a year, PMI shows

The S&P Global UK Manufacturing Purchasing Managers' Index sank to 47.0 from 48.0 in November and was ...

The S&P Global UK Manufacturing Purchasing Managers' Index sank to 47.0 from 48.0 in November and was below a preliminary reading for December of 47.3.Rob Dobson, a director at S&P Global Mark ...

Thursday, 2 January 2025
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Dollar trades higher on underlying strength in 2025

Posted by invnet
|Date: Thursday, 2 January 2025
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Dollar trades higher on underlying strength in 2025

At 12.30 ET (5:30 GMT), the Dollar Index, which tracks the greenback against a basket of six other curren ...

At 12.30 ET (5:30 GMT), the Dollar Index, which tracks the greenback against a basket of six other currencies, traded 0.8% higher to 109.170. The index rose 7% in 2024 as traders drastically cut ...

Thursday, 2 January 2025
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Dollar eases in cautious start to 2025; yen lingers at five-month lows

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|Date: Thursday, 2 January 2025
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Dollar eases in cautious start to 2025; yen lingers at five-month lows

SINGAPORE/LONDON (Reuters) -The dollar wobbled a touch on Thursday, the first day of trading of 2025, a y ...

SINGAPORE/LONDON (Reuters) -The dollar wobbled a touch on Thursday, the first day of trading of 2025, a year in which the U.S. currency is expected to perform strongly again after posting gains in 202 ...

Thursday, 2 January 2025
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Global insurance rates fall 0.9% in 2024, first drop since 2017, report says

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|Date: Thursday, 2 January 2025
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Global insurance rates fall 0.9% in 2024, first drop since 2017, report says

Insurers have consistently raised rates in recent years in response to losses from wars and natural catas ...

Insurers have consistently raised rates in recent years in response to losses from wars and natural catastrophes, and due to inflationary pressures.This has made them profitable, which has encouraged ...

Thursday, 2 January 2025
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Apple's discounts, Chinese manufacturing, UK house prices – what's moving markets

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|Date: Thursday, 2 January 2025
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Apple's discounts, Chinese manufacturing, UK house prices – what's moving markets

Apple (NASDAQ:AAPL) is offering discounts on its latest iPhone models in China, a rare move that points t ...

Apple (NASDAQ:AAPL) is offering discounts on its latest iPhone models in China, a rare move that points to rising competition from domestic rivals in the world's largest smartphone market.The promotio ...

Thursday, 2 January 2025
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China adds 28 US entities to export control list

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|Date: Thursday, 2 January 2025
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China adds 28 US entities to export control list

The companies on the list include General Dynamics (NYSE:GD), Boeing (NYSE:BA) Defense, Space & Secur ...

The companies on the list include General Dynamics (NYSE:GD), Boeing (NYSE:BA) Defense, Space & Security, Lockheed Martin (NYSE:LMT) and Raytheon (NYSE:RTN) Missiles & Defense.China is also ba ...

Thursday, 2 January 2025
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Asia shares get off to rocky start in 2025 on Trump trepidation

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|Date: Thursday, 2 January 2025
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Asia shares get off to rocky start in 2025 on Trump trepidation

SINGAPORE (Reuters) - Asian stocks began the year on a dour note on Thursday as they struggled for tracti ...

SINGAPORE (Reuters) - Asian stocks began the year on a dour note on Thursday as they struggled for traction after a jittery close to 2024, while the U.S. dollar held steady and investor sentiment stay ...

Thursday, 2 January 2025
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