Tag: market

April 23, 2024

Kantar Worldpanel, which compiles price and sales data from the major chains, noted a 14th consecutive slowing in the annual pace of price rises at the tills in its latest report on the sector. It found that savvy shoppers took […]

April 19, 2024

Gold prices spiked higher in the early hours of Friday morning after reports emerged of the Israeli strike on Iran. The back and forth between the two nations risks sparking a broader conflict between the two and prompted a short-lived […]

April 10, 2024

Financial market traders often embrace volatility because it presents opportunities for significant profits, albeit with higher risks. Volatility refers to the degree of variation in the price of a financial instrument over time. When markets are volatile, prices fluctuate rapidly, […]

April 1, 2024

On Monday, Raymond James issued a downgrade for Disc Medicine (NASDAQ:IRON) from Strong Buy to Outperform, simultaneously lowering the stock price target to $40 from the previous $75. The adjustment comes in response to uncertainties surrounding the future of bitopertin […]

March 1, 2024

Euro Area core inflation fell for the 7th straight month, data from Eurostat showed earlier, but missed expectations of a larger fall. EU core inflation is now at the lowest level in two years. Today’s release did little to shift […]

March 1, 2024

New York Community Bancorp (NASDAQ:CTBI) shares plunged nearly 26% on Friday after it replaced its CEO, reported a fourth-quarter loss that was more than 10 times what it previously stated and said it found “material weaknesses” in internal controls related […]

February 29, 2024

Shares of New York Community Bancorp fell more than 26% on Friday after the regional lender announced a leadership change and disclosed issues with its internal controls. The regional bank announced after market close on Thursday that Alessandro DiNello, its […]

February 29, 2024

Gold Prices rose on Thursday following the release of a mixed bag of important economic numbers out of the United States. Perhaps the most important of these was the inflation snapshot in the Personal Consumption Expenditures series. This is known […]

February 28, 2024

Webull is planning to go public through merging with a special purpose acquisition company in a deal that values the digital investing platform at $7.3 billion. The New York-based online brokerage will combine with SK Growth Opportunities Corporation in the […]

February 28, 2024

Oil prices eased early on Thursday after a larger-than-expected build in U.S. crude stockpiles stoked worries about slow demand, while signs that U.S. interest rates could remain elevated for longer also added to pressure. Brent crude futures fell 22 cents, […]

February 27, 2024

Oil prices pulled back in Asia on Wednesday as the prospect of a delay in the U.S. rate-cutting cycle and a rise in U.S. crude stocks offset a boost on Tuesday from news OPEC+ might extend its output cuts. Brent […]

February 26, 2024

As we get into ISA season, you may be looking at ways to make use of your allowance before the cut-off on 5 April 2024. ISAs are a great way to keep your savings shielded from the taxman, especially as […]

February 26, 2024

Boeing’s push to improve its safety culture after two 737 MAX crashes is falling short, according to a panel tasked with reviewing the plane maker’s practices following the accidents. The independent panel established by the Federal Aviation Administration found a […]

February 26, 2024

A spot Ethereum ETF is the latest talk of the market, and the anticipation is building on whether – if approved – it could replicate the success of its Bitcoin counterparts. An Ethereum ETF would allow investors to invest in […]

February 21, 2024

Oil and gas producers Chord Energy CHRD -3.04% and Enerplus plan to combine in an $11 billion deal. The companies said Wednesday that the deal would be 90% in stock and 10% in cash. Chord shareholders would control about two-thirds […]

February 21, 2024

A weak Yen helped Japanese exports boom in January with the latest trade data showing overseas sales soaring to a record high. Exports increased by 11.9% to 7.33 trillion Yen, while imports fell by 9.6%. Today’s data revealed that the […]

February 20, 2024

Asian stocks eased on Wednesday as diminishing expectations of early interest rate cuts from the Federal Reserve sapped risk appetite, with investors looking to the minutes of the U.S. central bank’s last meeting for clues on the policy outlook. MSCI’s […]

February 20, 2024

Most major Asian chipmaking stocks moved in a flat-to-low range on Wednesday, tracking overnight declines in NVIDIA Corporation (NASDAQ:NVDA) as markets awaited more cues on an AI-driven boom from the chipmaker’s fourth-quarter earnings. Nvidia wiped out about $100 billion in […]

February 19, 2024

U.S. asset manager Davidson Kempner, owner of Britain’s Oak Furnitureland, is in discussions with British fashion retailer Superdry co-founder Julian Dunkerton about backing an offer for the clothing company, Sky News reported on Monday, without citing a source. The talks […]

February 19, 2024

The Euro lost a little ground against the United States Dollar on Monday but, as the latter’s home market is going to be largely shut down for the Presidents’ Day break, the real trading action will probably come later in […]