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Economic report: inflation rate rises. prices still sticky, pce finds, and fed has work to do.
The cost of goods and services rose a mild 0.2% in July, but overall inflation crept higher and remained stuck above 3%. Read Full Story The post Econ...
Economic report: u.s. jobless claims fall to lowest level in four weeks
Initial jobless claims fell by 4,000 to 228,000 in the week ended Aug. 26, the Labor Department said Thursday. Read Full Story The post Economic Repor...
Us dollar (dxy) little changed after the us inflation report, nfps still key
The US dollar did little on the release of the latest inflation report and is now setting itself up for Friday’s keenly anticipated US Jobs Report (...
Chinese yuan strengthens after pboc rolls out mortgage measures
The piecemeal approach to China stimulus hasn't impressed the market yet but today's announcements on mortgages have captured more of the market's att...
Fintech in agriculture: how digital platforms are empowering farmers
A digital revolution is taking place in the agricultural heartland. Fintech, or the marriage of finance and technology, has crossed traditional border...
Us initial jobless claims dropped to 228k
US initial jobless claims dropped -4k to 228k in the week ending August 26, slightly above expectation of 227k. Four-week moving average of initial cl...
Bitcoin's role in economic turmoil: recent events put to the test
The financial industry is no stranger to instability and unpredictability, and recent economic turmoil has once again focused attention on Bitcoin's f...
Us pce price index rose to 3.3% yoy, core pce up to 4.2% yoy
US personal income edged up by 0.2% mom, or USD 45.0 billion, missing the anticipated 0.3% increase. The modest gain in income primarily reflected an ...
Eur/gbp – eurozone core inflation falls further, weighing on yields and the euro
Flash HICP in August 5.3% (5.1% expected, 5.3% in July) Flash core HICP in August 5.3% (5.3% expected, 5.5% in July) Key moving average provides resis...
Pictet group posts 3.7% drop in profits for h1 2023
Pictet Group’s net profit has fallen in the first half of 2023 at CHF 366m (£327.3m), down from CHF 380m as of the end of June 2022. Read Full Stor...
Tsx futures rise on higher oil prices; us economic data in focus
Futures tracking Canada’s resources-heavy main stock index rose on Thursday, helped by higher oil prices, while investors awaited more U.S. economic...
Canada june average weekly earnings +3.61% vs +3.61% prior
Prior was +3.61% (revised to 3.57%) This article was written by Adam Button at www.forexlive.com......
Mama’s creations to participate in upcoming investor conferences
Company Invited to Present Virtually at Planet MicroCap Showcase; Management to Host In-Person 1×1 Meetings at Lake Street BIG7 Conference and H.C. W...
Us initial jobless claims w.e. 26 august 228k vs 235k expected
Prior 230K; revised to 232K4-week moving average initial jobless claimsPrior 236.75KContinuing claims 1.725M vs 1.703M expectedPrior 1.702M; revised t...
Us july core pce inflation +4.2% y/y vs +4.2% expected
Prior was +4.1%PCE core +0.2% m/m vs +0.2% expectedPrior MoM +0.2%Headline inflation PCE +3.3% y/y vs +3.3% expected (Prior +3.0%)Deflator +0.2% m/m v...
Canada q2 current account -$6.63 billion vs -$11.2 billion expected
Prior -$6.17 billion; revised to -$3.17 billionThe current account deficit widened in Q2 but less than anticipated at least. Of note, the trade in goo...
Ipower schedules fiscal fourth quarter and full year 2023 conference call for september 14, 2023 at 4:30 p.m. et
DUARTE, Calif., Aug. 31, 2023 (GLOBE NEWSWIRE) — iPower Inc. (Nasdaq: IPW) (“iPower” or the “Company”), a tech and data-driven online retail...
Cerevance announces presentation at the 22nd society of chemical industry / royal society of chemistry medicinal chemistry symposium
BOSTON, Aug. 31, 2023 (GLOBE NEWSWIRE) — Cerevance, a private, clinical-stage drug discovery and development company focused on advancing novel, pre...
Powered lawn mowers market to surge as environmental concerns drive demand, projected market revenue to exceed us$ 2,323.8 million by 2033 with a 4.5% cagr | future market insights inc.
According to a report by Future Market Insights, the global powered lawn mowers market is projected to experience remarkable growth, reaching around U...
Soundthinking announces expansion of its leadership team
FREMONT, Calif., Aug. 31, 2023 (GLOBE NEWSWIRE) — SoundThinking, Inc. (Nasdaq: SSTI) (formerly ShotSpotter, Inc.), a leading public safety technolog...
Biomea fusion announces appointment of juan pablo frías, m.d. as chief medical officer
Industry veteran and prominent diabetes clinical development expert to oversee Biomea’s progressing clinical development of novel covalent menin inh...
Southern trust insurance chooses duck creek ondemand for its cohesive and comprehensive full-suite capabilities
Cloud-based SaaS implementation will modernize the insurer’s operations and bring greater ease and efficiency to policyholder support Boston, Aug. 3...
Yieldmax™ launches option income strategy etf on exxon mobil
CHICAGO, MILWAUKEE and NEW YORK, Aug. 31, 2023 (GLOBE NEWSWIRE) — YieldMax™ announced the launch today of the following ETF: YieldMax™ XOM Optio...
July us pce data and initial jobless claims coming up next
It's the final day of the month and it's a busy one on the economic calendar with a wave of numbers coming out at the bottom of the hour including:Jul...
Ecb accounts: diverging views on the need of a sep hike
According to the minutes, all members supported the 25 basis point rate increase. Nevertheless, some members expressed a preference initially for not ...
Ecb: members concurred there was ample evidence of strong policy transmission
Members concurred that there was ample evidence that policy tightening was being transmitted strongly to broader financing conditions, including bank ...
Us august challenger layoffs 75.15k vs 23.70k prior
Job cuts are seen reaccelerating again after showing a first year-on-year decrease in July. And that further signals easing of labour market condition...
The eu's financial watchdog raises 8 red flags in ai and crypto
Are cryptocurrencies and artificial intelligence dangerous? The European Securities and Markets Authority (ESMA) believes so and suggests that the ass...
Binance shifts gears: phases out busd support, introduces new alternative stablecoin
Binance has set forth a plan to gradually discontinue BUSD stablecoin support across its platforms. The exchange has asked users who have been relying...
Meet the sole crypto exchange publishing proof of reserves after ftx's downfall
After the high-profile collapse of the cryptocurrency exchange FTX in November 2022, the industry began looking for solutions to assure investors that...
Dax, s&p 500 and cac40 see further strength in early trading
Indices have seen further gains this morning, building on the recovery seen over the past week......
Fscs scam alert as letters to lcf victims do the rounds
LCF used to issue mini-bonds and invest the proceeds from these in different businesses. In its warning, the FSCS makes it clear these letters are not...
Eurusd technical analysis - the fakeout is a bad omen for the bulls
US:The Fed hiked by 25 bps as expected and kept everything unchanged.Fed Chair Powell reaffirmed their data dependency and kept all the options on the...
H.c. wainwright keeps their buy rating on us gold (usau)
H.C. Wainwright analyst Heiko Ihle reiterated a Buy rating on US Gold (USAU – Research Report) today and set a price target of $11.00. Read Full Sto...
Dollar holds firmer so far, more us data coming up
It is only the Japanese yen that is trading higher against the dollar today and that owes to bond yields keeping slightly lower still in European morn...
