Will this week's big tech earnings be a train wreck?

broadly speaking, the market's favorable reaction to the Microsoft results is in the same spirit with w...

January 27, 2023, 3:48 pm

Dow jones newswires: superdry cuts profit guidance after swinging to first-half loss

Due to underperformance of its wholesale division and increasing uncertainty over the fourth quarter, Superdry cut its fiscal 2023 adjusted pretax pro...

January 27, 2023, 7:50 am

Gbp/usd tracks options market signals to snap four-week uptrend

GBP/USD takes offers to refresh intraday low near 1.2380 amid the first loss-making day heading into Friday’s London open. In doing so, the Cable pa...

January 27, 2023, 6:59 am

Canadian dollar falls after the bank of canada signals a move to the sidelines

The Canadian dollar declined after the Bank of Canada hiked rates, as expected, but also signaled a shift to the sidelines.

"If economic deve...

January 25, 2023, 3:22 pm

Boc hikes 25bps, confirms a pause

BoC raises overnight rate by 25bps to 4.50% as widely expected. The Bank Rate and deposit rate are also lifted to 4.75% and 4.50% respectively. In the...

January 25, 2023, 3:08 pm

Bank of canada hikes rates by 25 bps as expected and signals intention to now hold

• Prior was 4.25%
• Inflation is coming down in many countries, largely reflecting lower energy prices as well as improvements in global ...

  January 25, 2023, 3:00 pm

Aussie soars, kiwi tumbles, loonie awaits boc

Australian Dollar rises broadly today after strong CPI data supports continuation of tightening by RBA....

January 25, 2023, 6:46 am

Gbp/usd forecast: broadly inactive at 1.2320, focus on us gdp

The GBP/USD price remains on the back foot. BoE and Fed may approach pivot after one hike. Moving forward, the US Q4 GDP data is key for the pair. Bea...

January 25, 2023, 6:10 am

Aud/nzd and aud/cad extends up trend

Australian Dollar surges broadly after much stronger than expected CPI reading in December in particula...

January 25, 2023, 4:56 am

Australia cpi: hospitality prices surge while dwelling price inflation eases back

Headline CPI 1.9%qtr/7.8%yr; Trimmed Mean 1.7%qtr/6.9%yr; Weighted Median 1.6%qtr/5.8%yr. Hospitality services most important factor in the upside sur...

January 25, 2023, 4:17 am

Sterling falls on poor pmis, euro resilient

Sterling falls broadly today and poor PMI data indicates that recession is continuing in the UK. Compar...

January 24, 2023, 1:19 pm

Dollar rebounding with yields, euro pares gain

Dollar rebounds broadly in early US session, following benchmark treasury yields higher. But at the tim...

January 23, 2023, 2:21 pm

Assertio holdings scores with new broadly-covered asset

Assertio Holdings, Inc. got the rights to Sympazan in October. Most Medicare plans cover it....

January 20, 2023, 5:43 pm

Oil remains choppy, gold near record high

Speed bumps ahead Oil prices have been choppy this week after climbing back towards their late December/early January peaks. It would appear the rally...

January 20, 2023, 1:29 pm

Yen weakens despite inflation hitting four-decade high

Yen weakens broadly in Asian session despite data showing that inflation hit a four-decade high. Specul...

January 20, 2023, 5:21 am

Cliff notes: the new year brings optimism over inflation

Key insights from the week that was. This week’s data was broadly supportive of confidence, with the ...

January 20, 2023, 4:52 am

New zealand data - businessnz manufacturing pmi for december 47.2 (prior 47.4)

BusinessNZ Manufacturing PMI dribbles even further into contraction, comes in at 47.2 in December:

• November revised to 47.2 also
...

January 19, 2023, 9:30 pm

Eur correlation to rise on periphery risk in 2023 - bofa

Bank of America Global Research discusses the EUR correlation in 2023.

"For 2023, we would expect EUR correlation to ...

January 19, 2023, 7:12 pm

Netflix says its plan to ‘broadly' end password-sharing will juice revenue

Never mind its lower-cost ad-supported subscription model or a foray into gaming. Netflix Inc.'s vow to crack down on password-sharing “more broadly...

January 19, 2023, 5:47 pm

Bitcoin could be on precipice of new bull market

Bitcoin retreated on Wednesday, which was a broadly weak day for risk assets, but that one-day retreat ...

January 19, 2023, 9:59 am