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Paypal's transaction gross profit leaves investors underwhelmed; analyst remains bullish
PayPal shares took a hit Thursday even as the company's second quarter results managed to beat expectations. After the bell Wednesday, Paypal posted...
August 3, 2023, 12:05 pm
Boe's bailey: i do not agree that we have lost control of inflation
There are two substantial base effects that will bring inflation down this yearThe economy has been much more resilient, that is good newsWe were sitt...
August 3, 2023, 11:57 am
Uk breaking news: boe hikes by 25bps to 15-year high
GBP/USD remains under pressure despite the BoE hiking rates by 25bps. The dovish slant to the announcem...
August 3, 2023, 11:30 am
Eurozone ppi down -0.3% mom, -3.4% yoy in june
Eurozone PPI was down -0.3% mom, -3.4% yoy in June, versus expectation of -0.2% mom, -3.1% yoy. For the month, industrial producer prices decreased by...
August 3, 2023, 10:35 am
Gold prices remain under pressure even as ism services pmi drops to 52.7
(Kitco News) - The gold market is trying to hold critical support levels but is struggling even as activity in the U.S. service sector continues to sl...
August 3, 2023, 10:07 am
Eur/usd forecast: euro remains fragile as safe-haven flows dominate
At the time of press, Euro Stoxx 50 Index was down more than 1% and US stock index futures were losing between 0.4% and 0.6%, showing that safe-haven ...
August 3, 2023, 9:59 am
Fpis remain net buyers of indian equities in july
The MSCI World index has recorded 16.2% year to date return which is the best since 2009. Indian equities added $0.6 trillion of the market capitaliza...
August 3, 2023, 9:14 am
Usdchf technical analysis - the bulls are eyeing this strong resistance level
Last week, the Fed hiked by 25 bps as widely expected and left everything unchanged. Fed Chair Powell in the press conference just reaffirmed their da...
August 3, 2023, 9:06 am
Eurozone june ppi -0.4% vs -0.2% m/m expected
Prior -1.9%PPI -3.4% vs -3.1% y/y expectedPrior -1.5%; revised to -1.6%Looking at the breakdown, there was a fall in prices for intermediate goods (-0...
August 3, 2023, 9:00 am
Easy come, easy go for usd/jpy so far today
The earlier rise came amid higher yields while equities were still calmer. But as the latter is seen slumping heavily in European morning trade, the y...
August 3, 2023, 8:06 am
Copper technical analysis - bulls and bears are watching these key levels
The weakness in the global manufacturing sector and especially in the Chinese economy have been weighing a lot on Copper prices. We had a good rally f...
August 3, 2023, 8:04 am
Visa stock takes swipe at new buy zone with u.s. soccer team
On the heels of renewing a multiyear deal with the U.S. Soccer Federation, Visa stock found support Wednesday to...
August 3, 2023, 8:02 am
Eurozone july final services pmi 50.9 vs 51.1 prelim
Prior 52.0Composite PMI 48.6 vs 48.9 prelimPrior 49.9The headline reading is a six-month low as the euro area economy cools further to start Q3. A wea...
August 3, 2023, 8:00 am
France july final services pmi 47.1 vs 47.4 prelim
Prior 48.0Composite PMI 46.6 vs 46.6 prelimPrior 47.2This just confirms a further slump in the French services sector in July and a contraction in the...
August 3, 2023, 7:50 am
Usd/chf price analysis: bulls approach 0.8800 on mixed swiss inflation data, us pmi eyed
USD/CHF remains on the front foot for the sixth consecutive day, clings to mild gains of late. Swiss CP...
August 3, 2023, 7:45 am
Seeking at least 8% dividend yield
When I buy fixed income, I buy it to hold forever. Today, we look at investments that yield over 8%. No exceptions. Usually, our preferred security re...
August 3, 2023, 7:35 am
Spain july services pmi 52.8 vs 53.4 expected
Prior 53.4The drop in the headline reading sees it fall to the weakest since January, as the rate of expansion of Spain's services sector eases furthe...
August 3, 2023, 7:15 am
Eur/jpy daily outlook
Daily Pivots: (S1) 156.19; (P) 156.85; (R1) 157.43; More…. Intraday bias in EUR/JPY remains neutral f...
August 3, 2023, 7:04 am
Gbp/jpy daily outlook
Daily Pivots: (S1) 181.54; (P) 182.40; (R1) 183.03; More… Intraday bias in GBP/JPY remains neutral at...
August 3, 2023, 7:02 am
Yeezy stock sales improve outlook for adidas
Adidas upgraded its earnings outlook for the year Thursday, in part because of demand for the company's remain...
August 3, 2023, 6:36 am