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Tag: Featured


Enterprise, Industries

BAER hits 52-week low, trading at $2.83

July 24, 2024

Via: Investing.com

In a notable downturn, BAER shares have reached a 52-week low, trading at a price of $2.83. This marks a significant dip for the company, which has been grappling with a challenging market environment. The low price level reached is […]


Industries, Others

June home sales slump as median sales price rises to $426,900

July 23, 2024

Via: NBC News

Sales of previously owned homes dropped 5.4% in June compared with May, to 3.89 million units on a seasonally adjusted, annualized basis, according to the National Association of Realtors. Sales were also 5.4% lower than June of last year. This […]


Finance Tech, Liquidity

Retail Trader Sentiment Analysis – USD/JPY, EUR/JPY, and AUD/JPY

July 23, 2024

Via: DailyFX

Gauge market dynamics by examining sentiment indicators, position ratios, price fluctuations, and technical signals to determine prevailing bullish or bearish trends. Recent market data indicates notable performance variations among key currencies, with the Japanese yen showing relative strength while the Australian dollar underperforms. The […]


Finance Tech, Liquidity

Retail Trader Sentiment Analysis – FTSE 100, GBP/USD, and EUR/GBP

July 22, 2024

Via: DailyFX

Gauge market dynamics by examining sentiment indicators, position ratios, price fluctuations, and technical signals to determine prevailing bullish or bearish trends. FTSE 100 Retail Trader Data: Mixed Outlook Analysis of retail trader positioning reveals a slight bearish tilt, with 48.54% of […]


Industries, Others

ONS: UK house price growth hit 14-month high in May

July 18, 2024

Via: MoneyWeek

Average house prices rose by their highest level so far this year during May in a sign of buyer confidence, at least ahead of the general election, Office for National Statistics (ONS) data shows. The latest ONS house price index […]


News

Inflation stays at 2% – when will interest rates fall?

July 17, 2024

Via: MoneyWeek

The annual rate of inflation came in at 2% in June. This marks no slowdown compared to May, when the Consumer Prices Index (CPI) hit the Bank of England’s target for the first time in almost three years. The largest […]


Financial Services, Industries

Bank of America shares jump 4% after saying net interest income rebound is coming

July 16, 2024

Via: CNBC

Bank of America on Tuesday said second-quarter revenue and profit topped expectations on rising investment banking and asset management fees. Here’s what the company reported: Earnings: 83 cents a share vs. 80 cents a share LSEG estimate Revenue: $25.54 billion […]


News

UK economy to grow faster than expected but short of Labour pledge, IMF says

July 16, 2024

Via: Sky News

The Washington-based fund, which was predicting only last October the UK would be the slowest of all the G7 nations this year, now expects it to be firmly in the middle of the pack. The upgrade – which takes expected […]


Finance Tech, Liquidity

Gold Price Update: September Rate Cut Reawakens Gold Bulls

July 15, 2024

Via: DailyFX

Gold has appreciated, buoyed by last week’s lower US CPI data with the path of least resistance to the upside. The precious metal thrives in a low interest rate environment and the mere anticipation of a rate cut from the Fed in […]


News

UK economy grew faster than expected in May

July 11, 2024

Via: MoneyWeek

After stalling in April, the UK economy grew 0.4% in May. This was double the rate economists were expecting, based on a poll from Reuters. On a three-month basis, the economy grew 0.9% – the strongest figure since January 2022. The […]


News

China’s inflation numbers miss expectations, rising 0.2% in June

July 10, 2024

Via: CNBC

China’s consumer price inflation rose by 0.2% in June from a year ago, missing expectations, while producer prices fell in-line with forecasts, data from the National Bureau of Statistics on Wednesday showed. China’s consumer price index was expected to rise by 0.4% […]


Enterprise, Industries

BP is moving away from its oil output target

July 9, 2024

Via: MoneyWeek

BP CEO Murray Auchincloss says the group has stopped bidding on new offshore wind projects in order to simplify operations and reduce costs, says Emma Powell in The Times. At the same time, BP will spend more on new oil and gas assets, particularly […]


Enterprise, Industries

Devon Energy Nabs Williston Basin Driller in $5B Deal

July 8, 2024

Via: The Wall Street Journal

Devon Energy DVN -1.08% has agreed to acquire Grayson Mill Energy, a oil-and-gas producer in the Williston Basin, in a cash-and-stock deal valued at $5 billion. The Oklahoma City-based Devon said Monday that it would pay $3.25 billion in cash and $1.75 billion […]


Enterprise, Industries

Carlsberg to Buy Soft Drink Maker Britvic for $4.23 Billion

July 8, 2024

Via: The Wall Street Journal

Danish brewer Carlsberg CARL.A 3.47% agreed to buy London-listed soft drinks maker Britvic BVIC 4.55% for 3.3 billion pounds, or about $4.23 billion, as part of a plan to expand in the non-alcoholic beverage market and reduce reliance on beer sales. Carlsberg, which brews its namesake lager […]


Finance Tech, Liquidity

Gold Prices Gain As Fed’s Powell Keeps Rate-Cut Hopes Alive

July 3, 2024

Via: DailyFX

Gold prices rose on Wednesday as the latest speech from Federal Reserve Chair Jerome Powell fed hopes that the next interest-rate move will be a cut, even if the timing remains uncertain. Speaking on Tuesday Powell said efforts to reduce price pressures […]


Energy, Industries

Liontown, LG Energy Consider Lithium Refinery That Could Help Feed U.S. Battery Demand

July 2, 2024

Via: The Wall Street Journal

Battery maker LG Energy Solution 373220 -1.01% and Australian lithium company Liontown Resources LTR 7.30% will jointly consider developing a refinery for producing battery-grade lithium, as companies plot new supply chains that bypass China even amid a collapse in prices for the critical mineral. The collaboration is part […]


Finance Tech, Liquidity

US Dollar (DXY) Back to Flat on the Day After German Inflation and US ISM Data

July 1, 2024

Via: DailyFX

Economic activity in the US manufacturing sector contracted in June for the third straight month, and the 19th time in the last 20 months, according to the latest ISM manufacturing report. According to Timothy Fiore, chair of the Institute for Supply […]


Industries, Others

Nationwide: House prices up in June, but market remains subdued

July 1, 2024

Via: MoneyWeek

The latest data from Nationwide revealed house prices are up 0.2% in June on a monthly basis, when adjusted for seasonal effects. Meanwhile, prices are up 1.5% year-on-year. The average house in the UK now costs £266,064. Prices are now […]


Finance Tech, Trading

European stocks fall on inflation fears, yen near 38-year low

June 26, 2024

Via: Investing.com

European stocks fell on Thursday as traders were cautious ahead of key inflation data, while markets were also on alert for signs of Japanese authorities intervening in the yen after further declines in the currency. Investors have become more worried […]


Finance Tech, Mobile Banking & Payments

Bank of America zeroes in on banking app innovation

June 26, 2024

Via: Payments Dive

Bank of America is doubling down on innovation to drive further adoption of its digital-banking mobile app for businesses, and turning to its clients for input on enhancing user experience and feature functionality. The Charlotte, North Carolina-based bank’s CashPro mobile […]