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Intercontinental hotels to report strong growth, predicts brorker

Intercontinental Hotels (IHG) releases its third quarter update in just over two weeks (20 October) and US bank Jefferies expects no sign of a ...

October 2, 2023, 8:21 am

Usd/cad extends gains around 1.3580, us, canada pmi data eyed

The USD/CAD pair faces upward support, primarily due to the upbeat US Dollar (USD) after the moderate economic data released on Friday. The US Michiga...

October 2, 2023, 2:59 am

German regulator appoints monitor at deutsche bank for postbank issues

German regulator BaFin is appointing a special monitor to Deutsche Bank to oversee the German lender's handling of ...

October 2, 2023, 2:15 am

Kimberly-clark: still not worth it.

Kimberly-Clark has improved margins and gained market share, but margins may have crested. The company's revenue growth in its baby and childcare segm...

October 1, 2023, 7:58 am

Aud/usd weekly forecast: breather after soft core pce index

The US consumer confidence report fell short of forecasts. Australian retail sales fell below forecasts, indicating a drop in ...

September 30, 2023, 9:59 pm

Aud/usd weekly forecast: breather after soft core pce index

The US consumer confidence report fell short of forecasts. Australian retail sales fell below forecasts, indicating a drop in ...

September 30, 2023, 5:23 pm

The business of nightclubs

RCI Hospitality CEO Eric Langan on consumer spending, capital allocation, and getting into the casino b...

September 30, 2023, 8:30 am

The weekly bottom line: yields realign to higher-for-longer

U.S. Highlights Revisions to GDP data left Q2 growth unchanged, but consumer spending growth was cut in...

September 30, 2023, 2:35 am

Forexlive americas fx news wrap: pce inflation softens but usd still rips into month-end

US August core PCE +3.9% y/y vs +3.9% expectedCanada GDP month-to-month for July 0.0% versus 0.1% estimateUS advanced good trade balance for August -8...

September 29, 2023, 8:49 pm

Eur/usd, gbp/usd, usd/cad, usd/jpy forecasts – u.s. dollar rebounds as michigan consumer sentiment beats expectations

The softer-than-expected PCE Price Index report did not put material pressure on the American currency. The post EUR/USD, GBP/USD, USD/CAD, USD/JPY Fo...

September 29, 2023, 4:59 pm

Don't miss the boom: 3 retail stocks set to explode higher

Right now, retail is undergoing a major shakeup. consumer shopping habits have changed, perhaps permane...

September 29, 2023, 3:17 pm

Gbp/usd: two-day recovery faces headwinds from falling 10dma

Profit-taking on dollar longs at the end of Q3 lifts sterling for the second day, pushing the price to one-week high. Slightly stronger UK economic gr...

September 29, 2023, 2:08 pm

September final umich us consumer sentiment 68.1 vs 67.7 expected

Prelim was 67.7Prior was 69.5Current conditions 71.4 vs 69.8 prelim (75.7 prior)Expectations 66.0 vs 66.3 prelim (65.5 prior)1-year inflation 3.2% vs ...

September 29, 2023, 2:00 pm

U.s. consumer spending slows, even as core inflation continues to cool in august

Personal income grew 0.4% month-on-month (m/m) in August, in line with market expectations. This was a sizeable acceleration from the prior month’s ...

September 29, 2023, 1:45 pm

Us august core pce +3.9% y/y vs +3.9% expected

Prior was +4.2% (revised to +4.3%)Core PCE +0.1% m/m vs +0.2% expectedPrior m/m +0.2%Headline inflation PCE +3.5% y/y vs +3.5% expected (Prior +3.4%)D...

September 29, 2023, 12:30 pm

4 packaging stocks poised to counter industry challenges

Low consumer spending amid inflationary pressures dampens the near-term prospects for the Zacks Contain...

September 29, 2023, 12:01 pm

Us q2 2023 final gdp +2.1% vs +2.1% expected

The Q1 second reading was +2.1%Final Q1 reading was +2.0% annualizedQ4 was +2.6% annualizedDetails:consumer s<...

September 28, 2023, 12:30 pm

Gold price extends losses amid headwinds from strong us dollar, yields

Gold price faces an intense sell-off as Fed Kashkari said he sees one more interest rate hike this year. Strength in the US economy due to tight labor...

September 28, 2023, 10:29 am

3 reasons why small-cap value etfs could emerge winners

Peaking rates, decent U.S. GDP growth rate, stronger greenback and still-high consumer spending make th...

September 28, 2023, 9:46 am

Gold near session lows as u.s. final q2 gdp shows drop in consumer spending

(Kitco News) - Gold prices are trading near session lows this morning after the latest data showed the U.S. economy grew in line with expectations, wh...

September 28, 2023, 9:02 am


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