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Eur/usd: rebound could extend to 1.0630 – uob

Markets Strategist Quek Ser Leang and Senior FX Strategist Peter Chia at UOB Group suggest the recovery in EUR/USD is expected to reach 1.0630 in the ...

October 9, 2023, 5:29 am

Aud/usd daily report

Daily Pivots: (S1) 0.6332; (P) 0.6366; (R1) 0.6419; More… Intraday bias in AUD/USD stays neutral as consolidation from 0.6284 is extending. Outlook ...

October 9, 2023, 5:28 am

Colombian billionaire takes control of uk's struggling metro bank

Jaime Gilinski Bacal, a Colombian banking and real estate entrepreneur, has taken control of Metro Bank as part of a bigger rescue deal to fill a hole...

October 9, 2023, 5:27 am

Usd/jpy daily outlook

Daily Pivots: (S1) 148.58; (P) 149.06; (R1) 149.76; More… Intraday bias in USD/JPY remains neutral as consolidation from 150.15 is extending. On the...

October 9, 2023, 5:25 am

Armour residential: why a dividend reset is likely

ARMOUR Residential REIT is at risk of having to slash its unsustainable dividends. The trust's high dividend yield and large book value discount are w...

October 9, 2023, 5:22 am

Week kickstarts with geo-tensions, pivots to us inflation and uk gdp insights

The beginning of the week is marked by heightened risk aversion and increasing geopolitical uncertainties, primarily stemming from escalating conflict...

October 9, 2023, 4:52 am

Safe-haven gold soars as investors bolt for safety from middle east clashes

Gold prices climbed more than 1% on Monday as dramatic clashes between Israeli and Hamas forces over the weekend raised the risk of a wider Middle Eas...

October 9, 2023, 4:29 am

Bitcoin price could restart increase but can bulls send btc to $30k?

Bitcoin price is eyeing a fresh increase toward the $28,500 resistance. BTC could start a strong increase if it clears the $28,500 resistance zone. Bi...

October 9, 2023, 4:14 am

Eur/usd aims recovery but upsides might be limited

Key Highlights EUR/USD is attempting a recovery wave above the 1.0550 resistance. A connecting bullish trend line is forming with support at 1.0520 on...

October 9, 2023, 4:00 am

Evergrande's ev spinoff transaction stalls

A deal between Evergrande and US-listed NWTN over the purchase of shares in the former's electric vehicle wing has been halted. According to the embat...

October 9, 2023, 3:52 am

Usd/mxn price analysis: flirts with 38.2% fibo. around 18.2500, bulls have the upper hand

USD/MXN attracts fresh buyers on Monday, albeit lacks follow-through beyond the 38.2% Fibo. level. The technical setup favours bulls and supports pros...

October 9, 2023, 3:29 am

Birkenstock to ipo at top end of valuation on wednesday - report

Birkenstock Holding is expecting to price its IPO at the top end of its range after having garnered eno...

October 9, 2023, 3:23 am

Texas instruments: a must-have in every dividend growth portfolio

Semiconductor companies' sales doubled from 2012 to 2022 due to the rising demand for digital products. Semiconductor industry experiences economic cy...

October 9, 2023, 3:19 am

Metro bank shares open 19% higher after funding deal

Shares in Metro Bank opened 19% higher on Monday, after the embattled British lender struck a fundraising deal overnight to bolster its balance sheet....

October 9, 2023, 3:13 am

Marten transport: a great ride that's now over

Marten Transport's financial performance has started to weaken after a strong fiscal year in 2022. Revenue and profitability have declined in the curr...

October 9, 2023, 2:45 am

Down 20%, yielding 3%; let texas instruments help you retire (early)

Texas Instruments is a dividend growth stock with a >3% dividend yield and a 15% 5-year dividend CAGR. TXN has a strong business model with robust com...

October 9, 2023, 2:33 am

Usd/cad extends losses near 1.3650 on improved oil prices, tension in middle east

USD/CAD continues the losing streak for the third successive session, trading lower around 1.3650 during the early Asian session on Monday. The pair i...

October 9, 2023, 2:29 am

Gold price forecast: xau/usd battles $1,850 on the road to recovery

Gold price extends rebound near $1,850 amid renewed Middle East conflict. Further upside could be capped amid resurgent haven demand for the US Dollar...

October 9, 2023, 2:29 am

Cintas: shares dressed for success, remain expensive amid a powerful uptrend

Small and mid-sized companies in the industrials sector outperform tech-related sectors in 2023. Cintas is the leading provider of corporate uniform r...

October 9, 2023, 2:23 am

Pendragon: autonation reportedly ready to join bidding war for car dealer

Mike Manley, the British CEO of Florida-based AutoNation, is contemplating intervening in the £500 million acquisition of Pendragon Group (LSE:PDG) P...

October 9, 2023, 2:16 am


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