The yen was last steady at 153.12 per U.S. dollar in early Asian hours, hovering near its weakest level since mid-February. The Japanese currency is on pace for a nearly 4% drop in the week, its biggest decline since early October last year. The yen's drastic drop has been centred on worries that the Takaichi, on course to become Japan's first female prime minister, said on Thursday that the country's central bank is responsible for setting monetary policy but that any decision it makes must align with th ...

Core Insights - The article provides intraday trading recommendations for various stocks including Nifty Futures, Reliance Industries, Infosys, HDFC Bank, TCS, and SBI, focusing on key support and resistance levels for trading decisions [1]. Company Summaries - **HDFC Bank**: Current price at ₹977, with a recommendation to buy at a stop-loss of ₹960 [2][3]. - **Infosys**: Current price at ₹1509, suggested to buy now or on a dip to ₹1485, with a stop-loss at ₹1460 [4][5]. - **ITC**: Current price at ₹399, advised to buy if it breaks out of ₹402, with a stop-loss at ₹398 [6][7]. - **ONGC**: Current price at ₹243, recommended to go long if it surpasses ₹245, with a stop-loss at ₹240 [8][9]. - **Reliance Industries**: Current price at ₹1377, with an uncertain intraday trend, advised to refrain from trading [10][11]. - **State Bank of India (SBI)**: Current price at ₹862, suggested to go long now or on a dip to ₹855, with a stop-loss at ₹845 [12][13]. - **Tata Consultancy Services (TCS)**: Current price at ₹3061, recommended to buy now or on a dip to ₹3000, with a stop-loss at ₹2960 [14][15]. Market Overview - **Nifty 50 Futures**: Current level at 25280, with a recommendation to buy on a breach of 25300, and a stop-loss at 25180 [16][17].

Core Insights - Making only minimum payments on credit cards can lead to significant long-term debt accumulation, despite providing short-term financial flexibility during hardships [1][4][20] - The percentage of credit card accounts making only minimum payments reached a 12-year high of 11.04% at the end of 2024, indicating a growing trend among consumers [7] Minimum Payment Overview - A minimum credit card payment is typically between 1% to 5% of the statement balance, or a flat dollar amount, depending on the card issuer [3][9] - Paying only the minimum amount due helps avoid late fees but does not prevent debt accumulation, as remaining balances accrue interest [4][21] Financial Strategies - It is advisable to pay more than the minimum whenever possible to avoid high-interest debt [4][8] - In times of financial strain, making minimum payments can provide temporary relief, but consumers should have a plan to return to full payments [5][7] Consequences of Minimum Payments - Paying only the minimum can lead to accruing interest rates as high as 20% to 30% APR, significantly increasing the total debt over time [23] - Missing payments can result in late fees up to $41 and potential damage to credit scores due to reported delinquencies [16][19] Grace Period Implications - Credit cards typically offer a grace period on purchases, which can be lost if the total balance is not paid in full, leading to immediate interest charges on new purchases [24][25]

Festi hf., kt. 540206-2010, Dalvegur 10-14, 201 Kópavogur, has published a base prospectus in connection with issuance programme for bonds and bills. The base prospectus, dated 9 October 2025, has been approved by the Financial Supervisory Authority of the Central Bank of Iceland. The prospectus is issued in Icelandic and published electronically on Festi’s website, https://www.festi.is/en/skuldabrefogvixlar. The Prospectus will be available on Festi’s website for ten years from the date of its approval. Ís ...

U.S. equity markets are taking a breather this Thursday afternoon, October 9, 2025, as investors pause to digest a week of record-breaking gains and brace for the onset of the third-quarter earnings season. While the preceding days saw major indices reach unprecedented highs, today's trading has been marked by a slight pullback across the board, signaling a period of consolidation amidst persistent optimism around artificial intelligence (AI) and ongoing macroeconomic uncertainties, notably the U.S. governm ...

Core Viewpoint - The AI boom is perceived as a bubble, with concerns about inflated valuations and potential market corrections [1][5]. Group 1: Market Comparisons - The current AI stock surge is likened to the dot-com bubble of the late 1990s and the housing bubble of the mid-2000s, characterized by irrational exuberance [2]. - Nvidia's stock has increased approximately 13-fold since the beginning of 2023, leading to a market capitalization of $4.5 trillion, surpassing the combined value of major companies like Berkshire Hathaway and JPMorgan [2]. Group 2: Valuation Concerns - Despite the belief that AI will revolutionize industries, current valuations are considered excessive, with historical precedents indicating that such trends are unsustainable [3][5]. - The example of Microsoft is cited, where its shares fell 63% during the dot-com crash, highlighting the risks associated with overvalued stocks [3]. Group 3: Investor Behavior - There is a growing concern about retail investors using borrowed funds to invest in riskier assets, particularly in leveraged ETFs within the technology sector [4]. - The unprecedented level of leverage in the current market raises alarms about potential rapid declines if the market turns [4]. Group 4: Economic Context - Government stimulus measures over the past five years have temporarily supported demand and delayed economic downturns, but fundamental market principles remain unchanged [5]. - Alternative investment recommendations include utilities and gold as safer options amidst the perceived AI bubble [5].

Group 1 - Sensor Unlimited is part of the investing group Envision Early Retirement, which focuses on generating high income and growth with isolated risks through dynamic asset allocation [2] - The group offers two model portfolios: one for short-term survival/withdrawal and another for aggressive long-term growth, along with direct access for discussions, monthly updates, and tax discussions [2] - Sensor Unlimited has a PhD in financial economics and has spent the last decade covering the mortgage market, commercial market, and banking industry, with a focus on asset allocation and ETFs [3] Group 2 - The services provided by Sensor Unlimited include discussions on investment ideas, monthly updates on holdings, and ticker critiques upon request [2] - The company emphasizes a quantitative approach to modeling and analysis within the financial sector, particularly in relation to bonds and housing markets [3]

The latest FOMC news signals a clear dovish tilt among U.S. Federal Reserve officials, with the newly released minutes showing that additional rate cuts are likely before the end of the year. Most participants judged that it would be “appropriate to ease policy further over the remainder of 2025,” marking a notable shift from the cautious tone that dominated much of the year. While the central bank remains officially committed to its 2% inflation target, the tone of the September meeting minutes suggests ...

Recent graduates are sweating over limited job prospects; AI is quickly taking over entry-level roles, and many hiring managers doubt Gen Z’s competency in the workforce. But while tech and junior analyst jobs get swapped out for investments in automation, Stripe’s head of data and AI says she’s all-in on hiring recent graduates at the $91.5 billion financial services company. “I’m actually hiring more new grads—now, they’re largely new grad PhDs—but more new grads than ever before,” Emily Glassberg Sands ...

[Music] Hello and welcome to Morning Brief Market Sunrise. I'm Raman Karamali live from Yahoo Finance Studios in London. It's Thursday 9th October.Coming up on the show, Nvidia gets the green light to sell chips to the UAE. Gold prices stutter after President Trump hells a peace deal in the Middle East. And do you want to drive a car with a,000 brake horsepower.Well, Ferrari has the car for you and it's electric. So, grab your coffee and let's own the morning. [Music] Well, the first thing you need to know ...