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Debt ceiling update: a big week ahead

Summary The debt ceiling drama has reached a fever pitch in recent weeks. As of May 17, the U.S. Treasury had roughly $68 billion of cash on hand and ...

May 22, 2023, 2:29 pm

Eur/usd finds cushion near 1.0760 as usd index faces pressure, federal reserve powell’s speech eyed

The US Dollar Index is facing pressure in extending its recovery above the immediate resistance of 103.60. The optimism over the US ...

May 19, 2023, 3:44 am

Broker repeats ‘buy' rating for diversified energy after sustainability-linked loan is retained

Diversified Energy Company PLC (LSE:DEC, OTCQX:DECPF) was today boosted as its finance facilities got a favourable nod after its syndicate of fourteen...

May 18, 2023, 10:38 am

Western alliance bancorp surges on further signs of stabilizing

Western Alliance Bancorp's shares spiked by 10.2% after management released positive financial data, showing a reduction in uninsured deposits and an ...

May 18, 2023, 9:40 am

Diversified energy company unanimously approved for borrowing-base redetermination

Diversified Energy Company PLC (LSE:DEC, OTCQX:DECPF) has completed its regularly scheduled semi-annual borrow...

May 18, 2023, 2:25 am

Market extra: pfizer borrows $31 billion in mega bond deal as debt issuance picks up ahead of debt-ceiling deadline

Pharmaceutical giant Pfizer secures $31 billion in financing on Tuesday, as companies pick up the borrowing...

May 16, 2023, 11:54 pm

Usd/jpy forecast: dollar/yen slides as us default concerns mount

USD/JPY slips as concerns over potential U.S. default rise, leaving traders uncertain about the borrowing...

May 16, 2023, 7:32 am

Gold price forecast: xau/usd remains lackluster below $2,020 with eyes on us debt-ceiling issues

Gold price is sideways below $2020.00 as investors await the US debt-ceiling talks’ outcome for further action. US President Joe Biden aims for clos...

May 16, 2023, 4:44 am

Morgan stanley says us debt ceiling debate is a "lose-lose for markets"

Morgan Stanley’s US equity strategist Michael Wilson says the the debate around raising the US government’s ...

May 16, 2023, 12:17 am

Yellen repeats the june 1 date for possible us default without debt ceiling hike

US Treasury Secretary Yellen, from a letter she has written to Congress U.S. Could default as early as June 1 without debt ceiling hikeEarly June timi...

May 15, 2023, 8:19 pm

Etfs to win/lose on reduced buybacks

Buybacks are waning lately as borrowing costs are rising and cash reserves are shrinking....

May 15, 2023, 2:27 pm

Cbo: treasury to face cash crunch in the first 2 weeks of june.

The Congressional Budget Office is out with treasury information as the debt limit negotiations continue. US faces a significant risk of payment defau...

May 12, 2023, 3:05 pm

Gbp/usd outlook: facing headwind despite uk gdp, boe boost

The UK economy expanded by 0.1% in Q1. A series of data released overnight indicated that the US economy was slowing. The BoE increased rates by 0.25%...

May 12, 2023, 8:17 am

Interactive brokers: fantastic commercials, long term winner

Interactive Brokers Group, Inc. is a global electronic broker that specializes in executing and processing trades. Revenue growth has been driven by I...

May 12, 2023, 5:56 am

Here's where investors may turn to ‘hide' as u.s. debt-ceiling deadline looms based on 2011 market reaction

Stocks risk slumping in the debt-ceiling showdown, but investors probably will still want long-term Treasurys if 2011's battle over the U.S. ...

May 11, 2023, 3:24 pm

Bank of england’s incompetence on inflation leads to more misery

By George Prior The Bank of England’s incompetence continues to punish households and businesses across the UK as interest rates are hiked by a quar...

May 11, 2023, 2:33 pm

Nerdwallet: borrowing from your 401(k) can help you buy a home; here are the rules and risks of making this move

borrowing from retirement savings has downsides, and some financial planners advise against it, period....

May 11, 2023, 9:01 am

Carl icahn's company's stock falls another 8% as short seller hindenburg says latest disclosures raise more questions about margin loans

Icahn Enterprises LP's stock IEP fell another 8% premarket Thursday, after short seller Hindenburg Research issued another report on Carl Icahn's inve...

May 11, 2023, 8:26 am

Gbp/usd forecast: dollar rebounds, investors await boe

The dollar rose as investors lowered their bets for Fed rate cuts this year. The BOE plans to increase borrowi...

May 11, 2023, 8:17 am

What happens to the dollar if u.s. debt ceiling isn't raised?

Time is running out for lawmakers to forge an agreement on the U.S. debt ceiling, with chance of a possible government default likely to impact the U....

May 9, 2023, 1:56 pm


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