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Fed’s powell signals caution on rate hikes, notes yield surge as de facto tightening

Fed Chair Jerome Powell, in his speech at the Economic Club of New York, asserted that while the option for an additional rate hike remains open, a pr...

October 20, 2023, 1:03 am

Silver price forecast: xag/usd trades back and forth below $23.00, fed powell’s speech eyed

Silver price juggles below $23.00 as focus shifts to Fed Powell’s speech … note as investors start digesti...

October 19, 2023, 2:59 pm

Treasuries catch a fresh bid, weakening the dollar

Aside from all the geopolitical risk, yesterday's trading was fraught because the bond market was closed for a minor US holiday. That created an odd l...

October 10, 2023, 2:20 pm

Sterling underwhelms amid market consolidation; gold heading lower again

British Pound emerged as the weakest link, facing headwinds following subpar construction data. Not far behind in performance was the Canadian Dollar,...

October 5, 2023, 1:23 pm

Earnings data on schedule as yen intervention dominates sentiment

Key earnings data will be released on Friday 02.30 GMT as the BoJ is fixated on wages The market remains focused on the rumoured intervention from Jap...

October 5, 2023, 1:44 am

Gold dips to 7-month low on strong dollar; traders await us data

Gold extended losses on Monday for the sixth consecutive session to hit a near seven-month low on the dollar’s strength, with traders ...

October 2, 2023, 8:44 am

Gold dips to 7-month low on dollar strength, focus shifts to us data

Gold extended losses on Monday for the sixth consecutive session to hit a near seven-month low, as the dollar stayed strong, with traders ...

October 2, 2023, 3:59 am

Gold touches near seven-month low on dollar strength; focus on us jobs data

GOLD inched down to hit a near seven-month low on Monday (Oct 2) as the US dollar stayed strong, with traders ...

October 2, 2023, 2:59 am

Precious-gold touches near 7-month low on dollar strength; focus on us jobs data

Gold inched down to hit a near seven-month low on Monday as the dollar stayed strong, with traders digesting...

October 2, 2023, 1:14 am

European stocks close lower as investors weigh impact of central banks’ policy moves

European markets ended on a negative note on Thursday with investors digesting a slew of monetary polic...

September 21, 2023, 5:29 pm

More companies, especially airlines, warn higher costs will eat into profits

UPS and airlines are digesting big new labor deals, while Hollywood and the auto industry are at odds w...

September 14, 2023, 2:02 pm

Nailing profits with nail if interest rates stabilize or decline

The Dow Jones U.S. Select Home Construction Index experienced significant volatility due to the global pandemic and government stimulus programs. Risi...

September 9, 2023, 12:01 am

Major european markets close on mixed note after volatile session

The major European markets ended on a mixed note on Thursday with investors largely making cautious moves, dig...

September 7, 2023, 5:27 pm

Eur/usd: euro remains under mild pressures

The single European currency continues to be under mild pressure and now the 1.09 level has been broken and the pair seems to be slowly ...

August 17, 2023, 8:59 am

U.s. weekly fundflows insight report: taxable bond funds report first outflow in five weeks

During LSEG Lipper's fund-flows week that ended August 2, 2023, investors were overall net redeemers of fund assets (including both conventional funds...

August 4, 2023, 7:16 am

Worldline: strong momentum boosts free cash flow result

Worldline SA is a large French payment services provider. It is still digesting the acquisition of Inge...

July 29, 2023, 10:40 am

Why markets are loving exxon mobil, despite the earnings dip

Shares of Exxon Mobil NYSE: XOM fell by as much as 1.8% during the early hours of Friday's trading session; the decline is happening on a day when the...

July 28, 2023, 12:03 pm

Us dollar losing some ground in asia morning trade

Asian traders are digesting the Federal Open Market Committee (FOMC) rate hike and Powell's press confe...

July 27, 2023, 1:38 am

Eur/usd forecast: euro with scope for more gains above 1.1100

The EUR/USD rose on Wednesday following the FOMC meeting amid a weaker US dollar and posted its first daily gains after falling for six consecutive da...

July 26, 2023, 8:59 pm

Spotify: a valuation reality check is on the cards

After digesting second quarter earnings, I believe Mr. Market is being too harsh on Spotify. The compan...

July 26, 2023, 8:52 am


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