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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 remaine...

August 31, 2023, 1:09 pm

Mativ holdings: don't get your hopes up

MATV remains a hold due to negative cash flows and challenged volume levels. Investors seeking value sh...

August 31, 2023, 11:53 am

Iheartmedia: lining up for better 2024

iHeartMedia, Inc. is expected to benefit from a rebound in the advertising market and the 2024 U.S. election cycle. Despite a tough ad market, the med...

August 31, 2023, 10:58 am

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...

August 31, 2023, 10:44 am

Hhs recommendation to reschedule cannabis keeps pot stocks hot, but questions remain

The move by the Drug Enforcement Administration to review the Schedule I classification for cannabis sparked a wave of speculation and mostly positive...

August 31, 2023, 10:40 am

Binance footprint expansion in latin america launching ‘send cash’

The company views this as a significant move to focus its impact on the Latin American finance market and transform the current financial landscape. B...

August 31, 2023, 10:36 am

Gold price consolidates ahead of key us employment data

Gold price (XAU/USD) trades sideways after a rally inspired by soft labor demand due to the deteriorating economic outlook. The precious metal is expe...

August 31, 2023, 10:14 am

Lloyds banking, berkeley among top picks as ubs digs deep into housing market data

Lloyds Banking Group PLC (LSE:LLOY), Berkeley Group Holdings PLC (LSE:BKG) and Bellway PLC (LSE:BWY) are the top picks from UBS as it carried out a la...

August 31, 2023, 10:03 am

Gbp/usd forecast: buyers could remain interested if pound sterling stabilizes above 1.2700

GBP/USD retreated modestly following a three-day winning streak. Pound Sterling could extend its recovery in case 1.2700 is confirmed as support. US P...

August 31, 2023, 9:59 am

G-iii apparel group: on watch after poor performance

G-III Apparel Group's recent financial performance has been disappointing, with a drop in revenue and profits year-over-year. However, the company's m...

August 31, 2023, 9:55 am

A 'historic' result but still a 'construction site': analysts react to blowout ubs earnings

UBS shares rallied to 15-year highs on the back of what analysts branded a "historic" earnings report, though Deutsche Bank said the lender may...

August 31, 2023, 9:51 am

Oil prices pushed up by supply outages, big inventory draw

With oil remaining above $80 a barrel, it would be prudent to add energy stocks like Black Stone Minera...

August 31, 2023, 9:46 am

Eur/usd slides as euro area makes progress on core inflation, headline steady

The Euro Area saw core inflation cool in August but the headline and MoM figure remain sticky. No real ...

August 31, 2023, 9:30 am

Eurozone cpi holds steady at 5.3%, core cpi slows to 5.3%

In August, Eurozone’s CPI defied market expectations by remaining unchanged at a 5.3% yoy, contrary t...

August 31, 2023, 9:07 am

Apecoin and akita inu: apecoin remains above the 1,450

ApeCoin and Akita Inu: ApeCoin remains above the 1,450 ApeCoin continues bullish consolidation after ga...

August 31, 2023, 8:28 am

Eur/aud daily outlook

Daily Pivots: (S1) 1.6794; (P) 1.6834; (R1) 1.6909; More… Intraday bias in EUR/AUD remains neutral fo...

August 31, 2023, 8:17 am

Eur/chf daily outlook

Daily Pivots: (S1) 0.9562; (P) 0.9580; (R1) 0.9614; More… EUR/CHF failed to sustain above 0.9599 resistance after breaching it briefly. Intraday bia...

August 31, 2023, 8:15 am

Ecb schnabel: underlying price pressures remain stubbornly high

ECB Executive Board member Isabel Schnabel said in a speech that despite decline in headline inflation, largely due to unwinding of previous supply-si...

August 31, 2023, 7:56 am

Jasper’s market squawk 31-08-2023

US GDP Revision Sends Dollar Lower Gold advanced on the back of a weaker dollar after US data pointed to slowing labour growth, while hotter inflation...

August 31, 2023, 7:24 am

Usd/jpy daily outlook

Daily Pivots: (S1) 145.70; (P) 146.12; (R1) 146.68; More… USD/JPY is extending the consolidation from 147.36 and intraday bias...

August 31, 2023, 7:18 am


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