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Nzd/usd holds onto gains above 0.5800 ahead of fed policy

NZD/USD turns sideways after a sharp recovery to near 0.5820 ahead of Fed policy. The Fed is expected to keep interest rates unchanged but will keep d...

October 30, 2023, 10:14 am

Natwest guidance slashed, earnings a ‘major disappointment' says this analyst

British lender NatWest Group PLC (LSE:NWG)'s third-quarter earnings were “a major disappointment”, according to Citi, which in a scathing research...

October 30, 2023, 9:16 am

Ecb's kazimir: additional tightening could come if incoming data forces us to

We will have to stay at the peak for the next few quartersBets on rate cuts happening in 1H 2024 are entirely misplacedEagerly awaits December update ...

October 30, 2023, 8:33 am

Cef weekly review: be careful with cef benchmarks

We review CEF market valuation and performance through the third week of October and highlight recent market action. All CEF sector NAVs were down on ...

October 29, 2023, 10:15 am

Gbp/usd weekly forecast: boe’s tightening nears finish line

The pound is trading near a six-month low reached earlier in October. UK jobs data indicated a decrease in inflationary pressures. The Bank of England...

October 28, 2023, 12:03 pm

Eur/usd weekly forecast: ecb’s hike campaign grinds to a halt

The European Central Bank paused its aggressive monetary policy tightening. The US economy expanded by nearly 5% during the third quarter. Futures mar...

October 28, 2023, 11:57 am

Weekly economic & financial commentary: remarkable resilience

Summary United States: Remarkable Resilience The U.S. economy expanded at a stronger-than-expected pace in Q3, with real GDP increasing at a robust 4....

October 28, 2023, 1:22 am

European stocks close lower on weak earnings, interest rate concerns

European stocks closed lower on Friday and several markets in the region dropped to multi-month lows, as U.S. PCE data raised concerns the Federal Res...

October 27, 2023, 6:16 pm

Marvell: i warned about its collapse - here's why i'm finally bullish again

Marvell Technology stock has experienced a significant decline, collapsing nearly 32% from its highs in June 2023. I had warned about a potential plun...

October 27, 2023, 5:35 pm

Hedging the markets – dovish ecb statements weigh on eur/usd after rate pause

OANDA Senior Market Analyst Craig Erlam discusses EURUSD in light of the decision by the ECB to pause the tightening cycle while offering commentary t...

October 27, 2023, 1:08 pm

Eur/usd: softer us core pce data could provide some lift – scotiabank

EUR/USD holds in tight range. Economists at Scotiabank analyze the pair’s outlook. Softer US Core PCE...

October 27, 2023, 12:30 pm

Exxon ceo on q3 earnings: ‘supply continues to be fairly tight'

Exxon Mobil Corp (NYSE: XOM) is in the red this morning after reporting its financial results for the third quarter that came in shy of Street estimat...

October 27, 2023, 11:38 am

Japanese yen (usd/jpy) testing 150 resistance ahead of bank of japan policy decision

Next week’s Bank of Japan meeting is likely to be one of the most interesting meetings in years as the Japanese central bank mulls tightening moneta...

October 27, 2023, 7:42 am

Gold price remains below multi-month top as traders look to us pce data for fresh impetus

Bets for further policy tightening by the Fed might cap gains ahead of the US PCE Price Index. Read Full Story at source (may require registration) Th...

October 27, 2023, 4:59 am

Natwest meets quarterly profit forecast amid farage 'debanking' row

NatWest reported third-quarter profit in line with forecasts on Friday, pinched by tighter competition for savers' cash, as the lender deals with the ...

October 27, 2023, 2:09 am

The conflicting data points from the us that will keep the federal reserve on hold

The data from the US on Thursday showed blockbuster GDP growth:US Q3 advance GDP +4.9% vs +4.3% expectedAnd this wasn't too shabby either:US September...

October 26, 2023, 10:54 pm

Opec+ members send less oil to u.s., adding to tight supply outlook

U.S. waterborne imports of crude from OPEC+ members including Saudi Arabia have dropped steadily over the last year, further tightening supplies in th...

October 26, 2023, 12:19 pm

German firms remain pessimistic about business prospects for the year ahead

Only 13% of companies expect business to improve in the next 12 months35% of companies expect a deterioration in business conditions insteadBut curren...

October 26, 2023, 7:50 am

Kenvue shares lower amid slow start to cold and flu season

Kenvue Inc's shares fell 1.7% in pre-market trading after the company posted in-line third-quarter earnings but tightened its full-year guidance after...

October 26, 2023, 7:36 am

Nok to struggle in an environment of weakening growth, tight monetary conditions and strong usd – danske bank

The expected ECB pause and a downbeat mood-led US Dollar demand undermine the pair. US Q3 GDP eyed as well. USD/JPY is ripping into a twelve-month hig...

October 26, 2023, 6:59 am


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