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Forexlive european fx news wrap: pound deflated as boe delivers a 25 bps rate hike
Headlines:BOE raises bank rate by 25 bps to 5.25%, as expectedBOE's Bailey: I will not judge what the path of rates will beBOE's Bailey: We expect foo...
August 3, 2023, 12:09 pm
Costco's (cost) comparable sales regain momentum in july
Costco's (COST) distinctive membership business model and pricing power set it apart from traditional players. Comparable sales for the retail month o...
August 3, 2023, 12:00 pm
Us july challenger layoffs 23.70k vs 40.71k prior
Prior 40.71kUS layoffs fall to the lowest level in nearly a year and this marks the first year-on-year decrease in job cuts since May 2022. That said,...
August 3, 2023, 11:30 am
Will the nfp go back to beating estimates?
Tomorrow is the release of the all-important july NFP numbers. This comes in the context of the Fed mos...
August 3, 2023, 10:57 am
Boe: a 25 bps hike would send eur/gbp back up towards july’s peak at 0.8650 – socgen
A 25 bps hike would send EUR/GBP back up towards July’s peak at 0.8650, but it could also fuel speculation that this was the last hike of the cycle....
August 3, 2023, 10:29 am
Gbp/usd exchange rate falls to a month’s minimum
Yesterday and today, the GBP/USD rate fell below 1.27 for the first time since july 6. A number of fact...
August 3, 2023, 10:23 am
Bonds and cash on top in july as investors shun equities
News archive including articles on Fund Managers, Fund Selection, Asset Allocation, Absolute Return, Offshore Investments, Tax Shelters, Insurance bon...
August 3, 2023, 10:14 am
Iris energy's bitcoin mining revenues surge in july
Australia-based, US-listed bitcoin mining data centre company Iris Energy Limited (NASDAQ:IREN) mined 423 bitcoins in ...
August 3, 2023, 9:59 am
Top etf stories of july relevant in august
There were some developments in july that are equally relevant in August. These developments include Q2...
August 3, 2023, 9:48 am
Market analysis: the gbp/usd exchange rate falls to a month’s minimum
Yesterday and today, the GBP/USD rate fell below 1.27 for the first time since july 6. A number of fact...
August 3, 2023, 9:42 am
Fpis remain net buyers of indian equities in july
The MSCI World index has recorded 16.2% year to date return which is the best since 2009. Indian equities added $0.6 trillion of the market capitaliza...
August 3, 2023, 9:14 am
Precious-gold near 3-week lows as us data points to more fed tightening
Aug 3 (Reuters) – Gold prices held near three-week lows on Thursday after a larger-than-expected increase in U.S. private payrolls in ...
August 3, 2023, 9:14 am
Eurozone pmi composite finalized at 48.6, off to a bad start in h2
Eurozone’s PMI Services was finalized at a six-month low of 50.9 in July, a considerable drop from June’s figure of 52.0. Moreover, PMI Composite ...
August 3, 2023, 8:22 am
Is it time to buy the dow jones' 3 worst-performing july stocks?
Verizon is a debt-laden telecom giant that just got a bit of extra bad news. Merck is complicated and still looks expensive despite the stock pullback...
August 3, 2023, 8:15 am
Gbp/usd forecast: sellers pounce 1.27 amid upbeat us adp
The dollar surged to a four-week high against its major counterparts. US private payrolls grew more than anticipated in July. The Bank of England will...
August 3, 2023, 8:11 am
Eurozone july final services pmi 50.9 vs 51.1 prelim
Prior 52.0Composite PMI 48.6 vs 48.9 prelimPrior 49.9The headline reading is a six-month low as the euro area economy cools further to start Q3. A wea...
August 3, 2023, 8:00 am
Germany july final services pmi 52.3 vs 52.0 prelim
Prior 54.1Composite PMI 48.5 vs 48.3 prelimPrior 50.6It's a mild revision higher to the initial estimate but it isn't of much comfort as the manufactu...
August 3, 2023, 7:55 am
France july final services pmi 47.1 vs 47.4 prelim
Prior 48.0Composite PMI 46.6 vs 46.6 prelimPrior 47.2This just confirms a further slump in the French services sector in ...
August 3, 2023, 7:50 am
Usd/chf price analysis: bulls approach 0.8800 on mixed swiss inflation data, us pmi eyed
USD/CHF remains on the front foot for the sixth consecutive day, clings to mild gains of late. Swiss CPI slides to -0.1% MoM, 1.6% YoY in July. Clear ...
August 3, 2023, 7:45 am
Italy july services pmi 51.5 vs 52.2 expected
Prior 52.2Composite PMI 48.9Prior 49.7Italian services sector growth eases further in july as new busin...
August 3, 2023, 7:45 am