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The month in closed-end funds: july 2023

For the second consecutive month, equity CEFs (+2.69% on a NAV basis) on average chalked up plus-side performance while their fixed income CEF cohorts...

August 5, 2023, 3:12 pm

Labor forecast predicts 4.3% decrease in demand for temporary workers in 2023 third quarter

— Industry Consulting Firm G. Palmer & Associates’ Quarterly ForecastAssists in Previewing Near-Term Hiring Patterns – NEWPORT BEACH, CA, Aug. 0...

August 4, 2023, 5:42 pm

Fed still on track for a september hike after non-farm payrolls - cibc

CIBC continues to believe the Federal Reserve will raise rates by 25 basis points once again in Septemb...

August 4, 2023, 3:01 pm

Us stocks shoot to the upside. nasdaq index leads the way

The major US indices opened higher and moved even higher in the early trading for the day. Stocks are reacting to lower yields with the 10 year now do...

August 4, 2023, 1:43 pm

Us: payrolls continue to slow on a trend basis in july, while unemployment rate ticks lower 

Non-farm payroll employment rose by 187k in July, a hair below expectations calling for a gain of 200k. Revisions to the two prior months were weaker,...

August 4, 2023, 1:39 pm

Canada july employment change -6.4k versus 21.1 k estimate

Prior report 59.9KEmployment change for July -6.4K vs 21.1K estimateUnemployment rate 5.5% vs 5.5% expected. Last month unemployment rate was at 5.4%....

August 4, 2023, 12:30 pm

The usd is the strongest and the chf is the weakest as the north american session begins

The USD is the strongest and the CHF is the weakest as the North American session begins and ahead of the key US jobs report. Most of the major curren...

August 4, 2023, 12:04 pm

10 best natural gas stocks to buy now

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basi...

August 4, 2023, 11:10 am

Challenges linger in corporate bond market

Not surprisingly, the Federal Reserve recently raised interest rates by another 25 basis points, taking...

August 4, 2023, 10:52 am

3 dividend stocks to buy if you believe inflation is coming back

We don't know how much relief most Americans are feeling from the effects of inflation, particularly at the grocery store. But we live in a data-drive...

August 4, 2023, 9:26 am

Fastly: don't get too excited

Fastly's second quarter results were far less impressive than the market reaction would suggest. Growth is stable but low, and Fastly is still a long ...

August 4, 2023, 9:09 am

Wayfair's cost cuts pay off, but real profits remain elusive

Wayfair cut costs and boosted its gross margin in the second quarter. The company is now producing positive adjusted EBITDA and free cash flow but rem...

August 4, 2023, 6:40 am

Intraday analysis – usd needs a fresh catalyst

GBPUSD bounces back Cable consolidates after a modest rate hike of 25 basis points by the BoE. The pair...

August 4, 2023, 6:09 am

Gbp/usd gains momentum above the 1.2730 area, all eyes are on us nfp

GBP/USD gains traction and edges higher to 1.2730, up 0.17% on the day. The Bank of England (BoE) hiked rates by 25 ...

August 4, 2023, 2:29 am

Swiss franc bounces back after inflation eases

Swiss inflation ticks lower to 1.6% US nonfarm payrolls expected to dip to 200,000 on Friday The Swiss franc is in positive territory on Thursday. In ...

August 3, 2023, 5:40 pm

Electra battery materials upsizes brokered private placement due to investor demand

Electra Battery Materials Corporation (TSX-V:ELBM, NASDAQ:ELBM) said that due to significant investor demand, it has increased the brokered portion of...

August 3, 2023, 2:31 pm

Wix.com is soaring: generative ai is a tailwind, not a risk - buy this rally

Wix has seen a surprise acceleration in revenue growth, benefiting from generative AI and easy comparables. The stock is up 50% from its lows but rema...

August 3, 2023, 1:47 pm

Major us stock indices are opening lower as yields continue their march higher

US yields continue to move higher with the longer and outpacing the short end. The 30-year yield is up 12.4 ba...

August 3, 2023, 1:43 pm

Gbpusd technicals are settling between 1.2600 below and 1.2700 above. sellers in control.

The BOE has come and gone. The BOE raise rates by 25 basis points. Some expected 50 before the decision...

August 3, 2023, 1:14 pm

The jpy is the strongest and the gbp is the weakest as the north american session begins

The JPY is the strongest and the GBP is the weakest as the North American session begins. The Bank of England (BoE) hiked interest rates by 25 ...

August 3, 2023, 12:09 pm


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