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The bond market still in the spotlight at the moment
10-year yields in the US are up over 5 bps on the day now to 4.30% again, testing the key level as it did last week. That is where we saw the selling ...
August 21, 2023, 5:53 am
How devon energy positioned itself for growth
Devon Energy has undergone a significant transformation over the past decade, shifting its focus from natural gas to oil and making strategic asset sa...
August 17, 2023, 1:17 pm
Bitstamp hunts for funds: crypto exchange plans derivatives trading launch in europe
One of the oldest cryptocurrency exchanges, Bitstamp, plans to rebuild its position and seeks new investors. The information was confirmed by its CEO,...
August 8, 2023, 11:51 am
Fda rejects mesoblast's cell therapy for bone marrow transplant complications
The U.S. Food and Drug Administration had rejected Mesoblast's , cell therapy for children under 12 year...
August 3, 2023, 10:01 pm
World's 10 richest people lose $27 billion as tech stocks sink
History suggests the federal debt rating downgrade won't impact stocks for long, as stocks continued their upward trajectory after a brief blip in the...
August 2, 2023, 3:42 pm
Us equity futures down as the market weighs fitch downgrade
US equity futures are down 33 points to 4568 shortly ahead of the open. That's down about 0.7% but above the 4552 low set early in Europe.Selling re-a...
August 2, 2023, 1:10 pm
Trade ideas thread - european session 2 august 2023
The big news so far today is that Fitch moved to cut US' credit rating from AAA to AA+ here. It's one for the record books as the last time this happe...
August 2, 2023, 5:50 am
A light one on the data docket in europe today
In case you missed the news earlier, Fitch moved to downgrade the US credit rating from AAA to AA+ here. It is the first of such big news since ...
August 2, 2023, 4:58 am
Here is what happened in markets the last time the us was downgraded: stocks, fx and gold
The Fitch downgrade of the US today is major news and comes almost exactly 12 years after Standard & Po...
August 1, 2023, 9:45 pm
Octafx celebrates 12 years of enhancing the global financial landscape
OctaFX turns 12. Here are some of the company’s most significant achievements of the past year, along with an overview of its global approach to bro...
August 1, 2023, 12:07 pm
It's a close call on a rba rate hike for next week
The latest poll by Reuters shows that 20 of 36 economists are expecting the RBA to announce a 25 bps rate hike to 4.35% next week. If so, that will re...
July 28, 2023, 5:01 am
Emerging markets perform resiliently in the year-to-date despite growing cyclical headwinds
According to S&P Global Manufacturing PMI data, output growth across emerging economies excluding mainland China recorded its strongest quarterly aver...
July 21, 2023, 10:31 pm
Cracker barrel stock surges as ceo susan cochran announces departure after 12 years in charge
Cracker Barrel Old Country Store Inc. investors were enjoying their best day in six months on Tuesday, in the wake of the Tennessee-based family resta...
July 18, 2023, 12:06 pm
Steppe gold $150m financing for ato mine expansion a ‘significant' positive and de-risking event
Analysts at Hannam & Partners believe Steppe Gold shares currently have 248% upside potential after the miner announced it has secured US$150 million...
July 17, 2023, 12:12 pm
Verizon's stock slides toward lowest level in more than 12 years amid longest losing streak since 2017
Shares of Verizon Communications Inc. VZ, -4.64% were down 4.6% in morning trading Monday, changing hands at $32.46. The stock was on track for its lo...
July 17, 2023, 11:57 am
Cure: one of those rare 3x leveraged etfs that has delivered long-term returns
IXVTR has been one of the best-performing healthcare indices. Investments in a 3x leveraged ETF benchmarking IXVTR can thus provide attractive returns...
July 11, 2023, 12:11 pm
Heathrow names its new boss in boost to ryanair
Heathrow Airport has named the current Copenhagen Airport boss, Thomas Woldbye, as John Holland-Kaye's replacement when he steps down. Woldbye spent <...
June 30, 2023, 6:57 am
Analysis: gm could reap billions by building combustion trucks and suvs through 2035
General Motors has signaled in a series of recent announcements on plant retoolings that it plans to keep its largest and most profitable combustion t...
June 13, 2023, 6:06 am
Hp inc.: a model of dependability
HP Inc. has consistently grown its dividend payments over the last 12 years. The firm's growing shareho...
May 29, 2023, 4:44 am
‘ancient’ bitcoin changes wallets after 12 years dormant
Bitcoin bought in 2011 came back to life on Thursday, when 139 Bitcoin belonging to address 1H1Ab6 moved into a newly created Segwit address. The owne...
May 13, 2023, 9:14 pm
