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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 slow pace of longer ...

November 4, 2023, 10:59 am

On semiconductor ceo el-khoury on earnings, forecast

Hassane El-Khoury, CEO of ON Semiconductor, discusses the company's earnings results after it gave a fourth-quarter forecast that was ...

October 30, 2023, 3:12 pm

Jpmorgan says the stock market's biggest driver will be weaker than expected going forward

The main driver behind stock prices is set to weaken amid a period of high interest rates, according to JPMorgan. Corporate profits will head lower du...

October 30, 2023, 1:55 pm

Amplifon lowers profit forecast on weak demand, global uncertainty

Italian hearing aid maker Amplifon lowered its full year guidance for recurring core profit on Monday, citing ...

October 30, 2023, 8:05 am

Eur/usd: recovery loses traction after weak pmi’s hurt fresh bullish sentiment

EURUSD edged lower on Tuesday after three-day recovery acceleration faced increased headwinds on approach to psychological 1.0700 barrier, reinforced ...

October 24, 2023, 12:12 pm

Eur/gbp: rises to new multi-month high, but may take a breather before resuming

EURGBP extends steep upleg from 0.8616 trough into sixth straight day and hit the highest in more than five months on Friday. Larger uptrend from 0.84...

October 20, 2023, 12:57 pm

The near-term is quite challenging for tesla, says wells fargo's colin langan

Colin Langan, Wells Fargo senior equity analyst, joins 'Squawk Box' to discuss Tesla's quarterly earnings results, which reported ...

October 19, 2023, 8:44 am

Mixed signals for earnings and spending in japan, but the boj is likely to move on

It is disappointing that labour cash earnings were weaker than expected in Japan, but consumption held ...

October 6, 2023, 10:34 pm

Criteo contends with slowing europe, sliding u.s. consumer confidence (downgrade)

Criteo S.A. is a digital marketing software and service provider for retail industry and other advertisers. The company's Europe growth outlook is ...

October 6, 2023, 4:52 pm

The nzd is the strongest and the cad is the weakest of the major currencies

As the North American session begins, the NZD is the strongest and the CAD is the weakest. The USD is lower as yields dip modestly in early US trading...

October 5, 2023, 12:06 pm

Adp job figures weigh on dollar, but uptrend still intact

Dollar softens broadly today, as it seems traders are exercising caution, pivoting their focus towards forthcoming heavy-weight economic data releases...

October 4, 2023, 12:56 pm

Market outlook for the week of 02 - 06 october

Last week inflation data for the eurozone came in weaker than expected, giving a glimpse of hope that i...

October 2, 2023, 6:35 am

Ppl: a similar story again

PPL made transformative moves in 2021, divesting its UK assets and acquiring Narragansett in the US. The company's focus on dividends has hurt its lon...

September 25, 2023, 12:00 pm

Boe leaves bank rate unchanged at 5.25% vs 5.50% expected

Prior 5.25%Bank rate vote 4-5 vs 8-1 expected (Bailey, Broadbent, Dhingra, Pill, Ramsden vote to hold)Underlying growth in the 2H 2023 is likely to be...

September 21, 2023, 11:00 am

Us housing starts 1.283m versus 1.440m estimate

Prior month for housing starts 1.447M revised from 1.452MHousing starts 1.283M versus 1.440M estimate. That's the lowest level since June 2020 during ...

September 19, 2023, 12:32 pm

Fitch expects the first bank of canada rate cut in april 2024

I posted earlier on the agency's outlook for the US economy and the Federal Reserve:Fitch still expecting US recession, in H1 2024. Also expecting 1 m...

September 14, 2023, 2:59 am

Gbp/usd: sterling hit further by weak uk gdp data, but key support still holds

GBPUSD was down over 40 pips this morning in immediate reaction to weaker than expected UK GDP data. Th...

September 13, 2023, 8:13 am

Why lucid group stock fell 17% in august

Lucid posted another wide loss in its second-quarter earnings report, and deliveries were weaker than expected...

September 6, 2023, 9:28 pm

Morgan stanley says us investors are pricing in too much optimism in equities

Michael Wilson, Morgan Stanley's chief investment officer, sounding the warning on US stock prices again. Summary points from a client note:Breadth re...

September 5, 2023, 11:44 pm

Eur/usd: signals of bearish continuation after limited recovery

The Euro lost traction on Tuesday and fell to 2 ½ month low, after Monday’s recovery attempts proved to be just a mild consolidation. Renewed risk ...

September 5, 2023, 10:47 am


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