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Market extra: 10- and 30-year treasury yields head for biggest weekly drops since last november and march 2020
Frederic J. Brown/Agence France-Presse/Getty ImagesLong-term U.S. Treasury yields are heading for their biggest weekly drops since March 2020 and last...
November 4, 2023, 4:29 pm
Warren buffett's berkshire hathaway dumps billions worth of stocks for 4th consecutive quarter
Berkshire Hathaway reports a 41% growth in operating income for Q3 2023. Warren Buffett slows down shar...
November 4, 2023, 1:37 pm
Thinking of buying amazon stock? this e-commerce juggernaut is a better choice
Amazon's growth rate has slowed in recent years, and its performance has resembled the market average. ...
November 4, 2023, 11:30 am
Weaker than expected nz labour market data drives weaker nzd and rates
US Fed leaves rates on hold for a second consecutive meeting. US Treasury’s quarterly refunding announcement notes intention to...
November 4, 2023, 10:59 am
Uae gold jewellery demand falls 15% – world gold council
Gold jewellers in the UAE saw a slowdown in sales during the third quarter of the year compared to a ye...
November 4, 2023, 4:44 am
Weekly economic & financial commentary: q4 appears off to a slower start
Summary United States: Q4 Appears Off to a slower Start This week delivered an onslaught of economic in...
November 4, 2023, 12:38 am
The weekly bottom line: the fed’s door is still open
U.S. Highlights The Federal Reserve’s policy statement took center stage this week. As expected, the Fed kept policy rates unchanged but preserved t...
November 4, 2023, 12:36 am
Eur/usd – a very good jobs report for the federal reserve, pmis fall again
Wage growth slows to 0.2% on a monthly basis in October The Federal Reserve could not realistically hav...
November 3, 2023, 6:07 pm
S&p 500 gains and losses today: paramount gets a boost from the nfl and streaming
U.S. equities closed out the week with gains, with the S&P 500 jumping 0.9% after a report showed that fewer jobs were created in October than expecte...
November 3, 2023, 5:20 pm
Restaurant brands shares drop as revenue misses estimates on slowing burger king growth
A slowdown in sales growth at Burger King dragged down results at the burger chain's owner, Restaurant ...
November 3, 2023, 5:05 pm
Eur/usd soars above 1.0700, refreshes two-month highs post-us nfp weak data
EUR/USD rallies amid a softer US labor market, with Nonfarm Payrolls missing the 180K target. Speculation grows for Fed rate cuts in H2 2024 as hiring...
November 3, 2023, 4:59 pm
Karooooo ltd. increases focus on cartrack division in asia
Karooooo Ltd. reported top-line revenue and operating income growth in its FQ2 2024 financial results. The company offers telematics services and a us...
November 3, 2023, 3:23 pm
Eur/usd to end the year around the 1.05/1.06 area – ing
Given our house view that a US slowdown is more likely in the next quarter rather than this one, we the...
November 3, 2023, 2:59 pm
Travere therapeutics announces late-breaking data from phase 3 studies of sparsentan in igan and fsgs published in the lancet and the nejm respectively and presented at the american society of nephrol
Two-year results from both PROTECT and DUPLEX pivotal Phase 3 studies demonstrate treatment with sparsentan has the potential to preserve kidney funct...
November 3, 2023, 2:46 pm
Usd/cad plummets below 1.3700 after us/canada employment data
USD/CAD falls vertically below 1.3700 after the release of the US/Canada labor market data. US/Canada job growth...
November 3, 2023, 2:32 pm
Weekly focus – halloween did not spook markets
Markets were not spooked by Halloween as equities climbed significantly higher while rates and the index of fear (the VIX) declined during the week. T...
November 3, 2023, 2:20 pm
Lucid cuts prices of electric sedans for limited time amid ev price wars
Lucid Group cut prices of its Air range of luxury sedans earlier this week for a limited time ahead of the holiday season, amid stiff competition and<...
November 3, 2023, 1:55 pm
Why bill stock is plummeting today
Bill topped sales and earnings expectations in its recently reported quarter. But management's guidance suggests growth will be much...
November 3, 2023, 1:40 pm
Us: hiring slows in october, unemployment rate rises to a near two-year high of 3.9%
Non-farm payroll employment rose by 150k in October, slightly below expectations calling for a gain of 180k. Employment readings for the two prior mon...
November 3, 2023, 1:30 pm
Boe's pill: we held rates because economic restraint needs to be maintained
Hold decision reflected view some restrain on economy needed to be maintainedThere is still a need to bear down on inflationBalance of economic driver...
November 3, 2023, 1:03 pm