Australia’s Unemployment Rate rose to 4.1% in January from 4.0% in December, according to the official data released by the Australian Bureau of Statistics (ABS) on Thursday.
Federal Reserve Vice Chairman Philip Jefferson said late Wednesday the US central bank has time to weigh its next interest rate decision move, citing a robust economy and still above target inflation, per Reuters.
Reserve Bank of New Zealand Governor Adrian Orr said late Wednesday that New Zealand was now in an environment of low and stable inflation but warned the volatile international landscape could impact the economy, per Reuters.
The NZD/USD pair traded with limited volatility on Wednesday, rising slightly to 0.5705 as the market digested the Reserve Bank of New Zealand’s (RBNZ) latest policy decision.
Elon Musk's social media company, X, formerly known as Twitter, is in talks to raise new funding at a $44 billion valuation, the same price Musk paid when he acquired the platform in 2022.
Gold prices retreated on Wednesday during the North American session after the latest Federal Reserve’s (Fed) monetary policy minutes showed that all policymakers voted to keep rates unchanged at the January meeting.
The US Dollar maintained its constructive path helped by fresh concerns around US tariffs and amid geopolitical tension in response to negotiations around a potential end of the Russia-Ukraine war.
The Czech Republic officially enacted a new cryptocurrency law that simplifies tax rules and brings the country in line with the European Union’s Markets in Crypto-Assets (MiCA) regulations.
Failing to maintain proper records of electronic communication has led to hefty fines for companies in recent years, prompting the UK’s regulator to clarify its stance on email compliance.
The Canadian Dollar (CAD) retreats against the US Dollar on Wednesday, with the USD/CAD pair remaining afloat above the 1.4200 handle amid renewed fears about US President Donald Trump's tariff threats.
The Dow Jones Industrial Average (DJIA), which measures the performance of 30 large-cap United States (US) stocks, is under pressure, trading around 44,380.
The Mexican Peso lost ground and slumped to a two-day low against the Greenback on Wednesday as US President Donald Trump targeted tariffs on cars, pharmaceuticals and computer chips.
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