Real-time Financial News

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2025-07-02 Wednesday

  • 06:20:35

    [Technology stocks fell later, Nasdaq futures fell 0.8% in early trading] Nasdaq 100 index futures fell by 0.8%, U.S. technology stocks continued to fall after the market, Meta Platforms (META.O) fell 2.7% after the market, Nvidia ( NVDA.O), Google A (GOOGL.O) fell 2%, and Apple fell nearly 1%.

  • 06:17:42

    RBA Chairman Bullock: I think there are signs that demand is slowing.

  • 06:16:23

    RBA Chairman Bullock: The longer inflation exceeds the target range, the greater the likelihood that inflation expectations will change.

  • 06:16:13

    RBA Chairman Bullock: Our tolerance for inflation has always been very low.

  • 06:10:40

    RBA Chairman Bullock: We will reflect on the impact of CPI on forecasts.

  • 06:10:09

    According to the Japan Broadcasting Corporation: Japan will increase the upper limit of national health insurance premiums.

  • 06:09:11

    Reserve Bank of Australia Chairman Bullock: Current service sector inflation is higher than what we are comfortable with.

  • 06:09:06

    The Australian dollar AUD/USD fell 15 points in the short term and was last at 0.6295.

  • 06:08:27

    RBA Chairman Bullock: Goods prices are falling, but service sector inflation continues.

  • 06:08:18

    Reserve Bank of Australia Chairman Bullock: It is not surprising that fuel prices are a driving factor in CPI.

  • 06:07:12

    RBA Chairman Bullock: The consumer price index was slightly higher than our expectations.

  • 06:02:28

    Nasdaq 100 futures fell 0.4% in early trade, while S&P 500 futures fell 0.2%.

  • 06:01:25

    Market news: Australia will provide an additional A$15 million in humanitarian aid in the Gaza Strip.

  • 05:56:31

    Shares of Meta Platforms (META.O) erased gains after rising as much as 5.5% after hours.

  • 05:37:34

    According to The Information: Intel (INTC.O) is collaborating to develop an application similar to ChatGPT.

  • 05:36:44

    Morgan Stanley announced that Ted Pick will become CEO in January 2024, and current CEO Gorman will serve as executive chairman.

  • 05:05:34

    RBNZ: Banks may face increased risk of defaults on agricultural loans.

  • 04:59:16

    [Biden requests nearly $56 billion from Congress for domestic spending] As part of an emergency request released on Wednesday, U.S. President Joe Biden requested nearly $56 billion from Congress for disaster relief and other domestic projects. This is in addition to the $106 billion the Biden administration requested last week for Israel, Ukraine and other foreign aid programs. The new funding includes a request for $23 billion to respond to natural disasters such as hurricanes and wildfires, and $6 billion for U.S. security. and energy independence and $16 billion for child care, among others. The Biden administration has also requested more than $1 billion in funding for U.S. farmers who grow crops that are then distributed to countries overseas.

  • 04:36:56

    USD/JPY rose 15 points in the short term, briefly breaking through 150.30.

  • 04:36:24

    Fed Chairman Jerome Powell did not comment on monetary policy or the economic outlook in prepared remarks.

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