March 18, 2024
Via: DailyFXGold prices advanced on Monday, but gains were limited in a context of market caution ahead of high-impact events in the coming sessions, including the FOMC announcement on Wednesday. In this context, XAU/USD climbed approximately 0.2% in early afternoon trading […]
Industries, Retail & Wholesale
March 14, 2024
Via: NBC NewsWholesale prices accelerated at a faster-than-expected pace in February, another reminder that inflation remains a troublesome issue for the U.S. economy. The producer price index, which measures pipeline costs for raw, intermediate and finished goods, jumped 0.6% on the month, […]
March 13, 2024
Via: Sky NewsThe measure of everything produced in the UK – a metric called gross domestic product (GDP) – rose 0.2%, the Office for National Statistics (ONS) said. It’s the first official economic growth announcement since a recession was declared last month […]
March 12, 2024
Via: DailyFXTuesday marks an important day for investors of all stripes as the U.S. Bureau of Labor Statistics is set to release the February’s consumer price index survey, a key report that is anticipated to provide fresh insights into recent inflation […]
March 11, 2024
Via: MoneyWeekThere are just a few weeks left to make use of you ISA allowance and many will be questioning if they are better off putting their money into a cash or stocks and shares tax wrapper. The rates on cash […]
March 6, 2024
Via: Investing.comAbercrombie & Fitch (ANF) reported better-than-expected earnings and revenue for the fiscal fourth quarter, with comparable sales and gross margin also topping expectations. ANF shares fell around 3% at the market open. The company announced its Q4 earnings per share […]
March 5, 2024
Via: Sky NewsChinese Premier Li Qiang made the announcement at the opening of the country’s annual meeting of the National People’s Congress on Tuesday, in a speech that prioritised both security and the economy. Mr Li said the government would issue 1 […]
March 5, 2024
Via: Sky NewsThis cut follows a similar reduction in the levy announced in last year’s autumn statement, and comes as the Conservative government looks to set the fiscal stage for the election set to take place in the next 12 months. Cutting […]
March 4, 2024
Via: DailyFXUSD/JPY climbed upwards on Monday, rising about 0.2% to 150.36, supported by increasing U.S. Treasury yields, with the U.S. 10-year bond back above 4.20% in late morning trading in New York. This week, markets are laser-focused on a series of […]
March 1, 2024
Via: DailyFXEuro 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 […]
February 29, 2024
Via: CNBCShares 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
Via: DailyFXGold 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 […]
Finance Tech, Liquidity, Trading
February 28, 2024
Via: Investing.comOil 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
Via: Investing.comOil 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
Via: DailyFXA 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 23, 2024
Via: DailyFXGerman GDP fell by 0.3% in Q4 2023 compared to the third-quarter, and by 0.4% on the same quarter a year ago, data released by the Federal Statistics Office (Destatis) today confirmed. “The German economy ended 2023 in negative territory. […]
February 22, 2024
Via: CNBCHSBC’s full-year 2023 pretax profit missed analysts’ estimates on Wednesday, hit by impairment costs linked to the lender’s stake in a Chinese bank, sinking its London-listed shares as much as 7%. Europe’s largest bank by assets saw its pre-tax profit […]
February 21, 2024
Via: DailyFXA 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 […]
Finance Tech, Mobile Banking & Payments
February 21, 2024
Via: Payments DiveMastercard is likely to suffer the biggest competitive blow in the card network industry if Capital One absorbs Discover Financial Services, shifting debit and credit payment flows to its newly acquired network. The deal is still subject to regulatory approvals […]
February 20, 2024
Via: DailyFXGold (XAU/USD) rose for the fourth straight session on Tuesday (+0.50% to $2,027), firmly establishing itself above the $2,025 mark, supported by declining U.S. Treasury yields and a subdued U.S. dollar, with risk-averse sentiment on Wall Street likely reinforcing the […]