Saxo bank’s fx volume falls 5% mom in january

The average daily volume (ADV) in forex instruments stood at $5.2 billion. The figure was the same as last year’s and fell 5.5% on monthly basis. Th...

February 10, 2023, 9:38 am

Gbp/jpy steadies above 159.00 as uk q4 gdp matches market forecasts, yields retreat

GBP/USD stays under modest bearish pressure and trades at around 1.2100. The data from the UK showed on Friday that the GDP contracted by 0.5% on a mo...

February 10, 2023, 7:44 am

Unitedhealth group: this blue chip is fairly valued again

UnitedHealth shares are down by approximately 6.5% on a year-to-date basis. They're trading below their October 2022 lows....

February 10, 2023, 6:48 am

Japan ppi slowed to 9.5% yoy in jan, cgpi staying at record high

Japan PPI slowed from 10.5% yoy to 9.5% yoy in January, below expectation of 11.2% yoy. Sitting at 119.8 and unchanged from prior month, corporate goo...

February 10, 2023, 4:29 am

Vulcan materials: no fundamental basis for the high price

Vulcan Materials is mostly a construction aggregates Group. The US aggregates demand (tonnage) is cyclical which makes VMC a cyclical company. Notwith...

February 10, 2023, 3:21 am

Bank of mexico’s 50-basis point rate hike exceeds expectations of half that much

Mexico’s overnight interbank rate has undergone big swings since the onset of the Covid Pandemic at the start of 2020. The Bank of Mexico’s Board ...

February 9, 2023, 9:57 pm

Expect more rate hikes from the fed

After the Federal Reserve raised interest rates by 25 basis points last week, investors assumed that th...

February 9, 2023, 9:53 pm

Usdmxn moves lower after bank of mexico hike, but finds support at swing area target

The Bank of Mexico hiked rates by 50 basis points. That was more than the 25 expected. The target ra...

February 9, 2023, 7:52 pm

Terrible bond auction adds to us dollar momentum

The bond market is a mess.

There used to be periods where you went years without +3 basis poi...

February 9, 2023, 6:14 pm

Major us indices back higher as ups and downs continue

The major US indices are moving to the upside at the US open. The gains come after declines yesterday that saw the major indices retrace most of th...

February 9, 2023, 2:41 pm

Euro gains ground, german cpi inches upwards

The euro has posted strong gains on Thursday. EUR/USD is trading at 1.0749, up 0.57%. German CPI ticks higher German inflation came in at 8.7% y/y in ...

February 9, 2023, 11:55 am

Euro gains ground, german cpi inches upwards

The euro has posted strong gains on Thursday. EUR/USD is trading at 1.0749, up 0.57%. German CPI ticks higher German inflation came in at 8.7% y/y in ...

February 9, 2023, 11:14 am

Sonoco (son) earnings beat estimates in q4, revenues lag

Sonoco's (SON) fourth-quarter earnings and revenues improve on a year-over-year basis....

February 9, 2023, 10:34 am

Us treasury to auction off 10 year bonds at the top of the hour

The US treasury will auction off $35B of 10 year bonds at the top of the hour.

The 6 month averages of key components shows:

• Bid ...

  February 8, 2023, 5:21 pm

Ecb kazaks: no reason to pause or stop rate hikes after march

ECB Kazaks says:

• There is no reason to pause or stop hikes after March
• Rates must hit significantly restrictive levels
• M...

  February 8, 2023, 5:11 pm

Us stocks trade lower to start the new day

The major US stock indices are modestly lower in early trading giving back some of the gains seen in trading yesterday:

• Dow Industrial A...

  February 8, 2023, 2:37 pm

The 7 best dividend stocks to buy for february 2023

Dividend stocks pay a portion of their earnings to shareholders. Payments are usually made on a regular basis, quarterly, monthly, or annually, and pr...

February 8, 2023, 10:54 am

Fortinet's earnings rally is a lesson in market expectations

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...

February 8, 2023, 9:06 am

3 medtech stocks likely to beat estimates this earnings season

MedTech companies' results are likely to reflect base business recovery on a year-over-year basis. Let's see how EXAS, MDT and IART are poised ahead o...

February 8, 2023, 9:02 am

Spirit aerosystems (spr) reports q4 loss, revenues rise y/y

Spirit AeroSystems' (SPR) total fourth-quarter revenues of $1,320 million miss the Zacks Consensus Estimate by 4.2% but rise 23% on a year-over-year b...

February 8, 2023, 8:17 am