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Ubs to face another lawsuit for inadequate consideration

UBS is expected to face another claim by former shareholders and employees of Credit Suisse who suffered losses due to the emergency takeover of the <...

August 15, 2023, 10:55 am

Cliffs ceo says tone of us steel negotiations is`good'

Cleveland-Cliffs CEO Lourenco Goncalves says the tone of negotiations remains good between his firm and United States Steel despite the ...

August 14, 2023, 12:46 pm

Nasdaq 100 looks set for correction, but s&p 500 holding on for now

The Nasdaq 100 and S&P 500 indices, most closely followed by retail investors and traders, have faced some downward pressure since early August, but t...

August 14, 2023, 11:43 am

Intraday analysis – usd holds ground

USDCHF bounces higher The US dollar finds support from an increase in producer prices in July. The pair has been looking to hold onto its gains after ...

August 14, 2023, 7:00 am

The potential for brent crude oil price rise above $100/bbl is falling

TD on oil price factors playing out, concluding that the risk of a runaway rally in oil prices is declining. Says 'the West' is 'losing control over c...

August 13, 2023, 11:49 pm

Euro forecast: eur/usd flattens out, eur/jpy rise in jeopardy at intervention levels

A notable step down in high impact EU-related data could lead to sideways price action, EUR/JPY extension at risk as yen depreciation gets to prior in...

August 12, 2023, 6:14 am

Nmz: reiterating a buy case in the latter stages of 2023

I see the Nuveen Municipal High Income Opportunity Fund as a reasonable investment option for the right buyer at these levels. NMZ has performed well ...

August 12, 2023, 5:05 am

Emb vs. eem: dump your em stocks and buy bonds

Both the EMB and EEM funds offer exposure to emerging markets, with the former invested in government bonds and the ...

August 11, 2023, 5:37 am

Redfin reports us rents up +0.3% y/y in july

Redfin today reports that US asking rents rose 0.3% y/y in July. That compares to +13.6% in the year ending July 2022.“While rents are f...

August 10, 2023, 1:18 pm

Aud/jpy price analysis: uncertainty lingers as doji emerges shy of the 94.00 figure

Given the backdrop, the AUD/JPY could test the lows of the Kumo, despite upside risks remaining. The AUD/JPY would test the August 9 daily low of 93.5...

August 9, 2023, 10:59 pm

Target's new starbucks' drive up service has a latte going for it

Target's Drive Up service has driven the retailer's same-day services growth. Drive Up customers may now make returns and pick up Starbucks' orders fr...

August 9, 2023, 2:28 pm

7-eleven rolls out fall favorite pumpkin spice latte in heat of summer

Convenience chain 7-Eleven is "manifesting cooler days" with the Aug. 1 release of its Pumpkin Spice latte...

August 4, 2023, 5:47 pm

Easy come, easy go for usd/jpy so far today

The earlier rise came amid higher yields while equities were still calmer. But as the latter is seen sl...

August 3, 2023, 8:06 am

Bank of japan intervened with unscheduled bond buying program

Markets Bunds and US Treasuries parted ways yesterday. Yields on the latter surged more than 8 bps at t...

August 3, 2023, 6:37 am

Usd/jpy extends climb on higher yields

10-year Treasury yields are continuing the rebound from yesterday and so is USD/JPY at the moment. The former is now up by 4.8 bps at the highs for th...

August 3, 2023, 5:31 am

Nzd/usd flat-lines around 0.6075 area, bias remains tilted in favour of bearish traders

USD/JPY is bouncing back toward 143.50, having dropped from the latter to hit fresh session lows at 143...

August 3, 2023, 2:45 am

Tupperware and yellow have skyrocketed, but don't confuse them with meme stocks: trader

All eyes have been on shares of Tupperware Brands Corp. and Yellow Corp. in recent days as the stocks have soared despite a dearth of fresh news in th...

August 2, 2023, 11:35 am

Looking for a bargain? 3 stocks to buy that are down 10% in 2023

Walking into the latter half of 2023, we're looking at a very different stock market than a year ago. D...

August 2, 2023, 6:00 am

Manufacturing and construction are upside risks to us growth in 2024

Much of this year has been a guessing game of when the US would go into recession but for some sectors of the economy, it's never left and it's been b...

August 1, 2023, 7:14 pm

Pfizer ceo: damaged plant could lead to shortages

A powerful tornado last month flattened a warehouse at the drug maker's Rocky Mount, North Carolina fac...

August 1, 2023, 4:46 pm


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