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 […]
March 18, 2024
Via: DailyFXThe Euro edged higher against the United States Dollar as a new trading week began in Europe on Monday, with moves likely to remain extremely limited at least until Wednesday’s monetary policy decision from the Federal Reserve. This is always […]
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 11, 2024
Via: Sky NewsOn Monday morning one Bitcoin, the best-known cryptocurrency, could buy $72,219 (£56,303). The price of the digital asset has grown 51% in the last month alone as the so-called ‘halving’ event approaches whereby Bitcoin production will fall from 900 to […]
March 7, 2024
Via: NBC NewsTech firms and Silicon Valley billionaires have been pouring money into nuclear energy for years, pitching the sustainable power source as crucial to the green transition. Now they have another incentive to promote it: artificial intelligence. While generative AI has […]
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 […]
February 28, 2024
Via: CNBCWebull 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 […]
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: MoneyWeekAs 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
Via: The Wall Street JournalBoeing’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 […]
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: Investing.comAsian 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 19, 2024
Via: Investing.comU.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 […]