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Gold steadies near three-month lows after strong us data; eye on data

(Reuters) – Gold prices hovered near three-month lows as upbeat U.S. economic reports made a strong case for rates being higher, ...

June 28, 2023, 2:29 am

First mover asia: bitcoin maintains $30k as ‘the economy isn’t breaking just yet’

The market remains optimistic about a bitcoin ETF, and good economic data from the U.S. is keeping it in the green. Insights: Singapore’s ease of do...

June 28, 2023, 2:14 am

Flight delays mount on east coast as airlines face big july 4 holiday-travel test

Travelers waited out widespread delays at U.S. airports on Tuesday, an ominous sign heading into the long July 4 holiday weekend, which is shaping up ...

June 27, 2023, 6:20 pm

Fibrogen (fgen) plunges on failure of late-stage ipf study

FibroGen (FGEN) plummets on yet another pipeline setback. The phase III study, ZEPHYRUS-1, evaluating t...

June 27, 2023, 2:18 pm

Euro rides the high wave, soaring against yen and others

In today’s trading, Euro takes the limelight, soaring broadly and reaching new heights against the frail Yen. While comments from ECB officials cont...

June 27, 2023, 1:16 pm

Usd/cad: loonie may not fall out of markets’ favours just yet as boc will go for another hike in july – ing

Today’s inflation data in Canada will be key to driving market expectations for the BoC’s July decision. Economists at ING analyze CAD outlook. Re...

June 27, 2023, 10:44 am

Opec denies to inviting guyana to be part of the organisation

There was a report yesterday stating that OPEC were had invited Guyana, one of the more faster growing oil producers globally at the moment, to join i...

June 27, 2023, 10:34 am

Banks face yet another risk, this time from faster payments, moody's says

A forthcoming Federal Reserve initiative to enable faster payments could give consumers and businesses more flexibility but bring further risk for ban...

June 27, 2023, 8:14 am

Ecb's lagarde: inflation remains too high

We are committed to reaching inflation target come what mayWe cannot waver, cannot declare victory yetNeed to bring rates to "sufficiently restrictive...

June 27, 2023, 8:10 am

Morgan stanley sees fed hiking rates by 25 bps in july

The firm adds that they are also upping their terminal rate forecast for the Fed to 5.375% from the 5.10% previously.I would argue it is still early d...

June 27, 2023, 7:24 am

China acts on yuan (but no stimulus yet), equities mixed

– No CN stimulus yet, but we did see reported FX intervention by China SOE banks in the offshore FX markets to support the Yuan. – A little before...

June 27, 2023, 5:59 am

Rcm technologies: covid boost gone but 2023 ebitda expected above $20 million

Revenues declined by 18.1% in Q1 2023 while EBITDA slumped by 35.9% as its specialty healthcare services segment is no longer benefitting from increas...

June 27, 2023, 2:55 am

Gold price forecast: xau/usd holds steady above $1,920 level, not out of the woods yet

Gold price remains confined in a narrow range just above the multi-month low set last week. More hawkish central banks continue to act as a headwind f...

June 27, 2023, 1:59 am

First mover asia: bitcoin could experience price turbulence as $30k is tested

ALSO: Venture capitalists and others have abandoned blockchain for the seemingly greener pastures of AI, but they may be falling for the hype of a tec...

June 27, 2023, 1:59 am

Spartannash: earnings jeopardized by interest expenses

SpartanNash faces headwinds due to rising interest rates and high debt, impacting its operating income and earnings. The company's valuation doesn't j...

June 27, 2023, 1:49 am

Analysis: hsbc dumps london tower for smaller office as real estate reckoning unfolds

HSBC's move to ditch its 45-floor Canary Wharf tower in favour of a much smaller development in central London is one of the most visible examples ...

June 26, 2023, 7:03 pm

Cracks have appeared in the japanese yield curve control dam

The Bank of Japan is playing one of the most-dangerous games in central banking history.The whole world is struggling with inflation and their currenc...

June 26, 2023, 5:46 pm

Why tesla stock fell today

An analyst at Goldman Sachs downgraded Tesla stock today. yet at the same time, the analyst raised his ...

June 26, 2023, 4:08 pm

Northwestern: steady dividend with potential population growth

Electric and gas utility stocks are typically used as income-oriented investments with their steady and essential source of monthly revenues from cons...

June 26, 2023, 2:33 pm

Anything happen on the weekend?

You have to wonder how markets would have reacted as the drama was unfolding in Russia. There were times when it looked like anything was possible, in...

June 26, 2023, 12:26 pm


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