Morning wrap
US indices finished yesterday's session lower after FOMC minutes turned out to be less dovish than market expected. S&P 500 closed 0.44%...
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Market news
Macy's, the largest department store chain in the United States, faces mounting challenges as it navigates a critical turnaround effort amid accounting irregularities, activist pressure, and shifting consumer behavior. While the company's "Bold New Chapter" strategy shows early promise...
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It’s all about Europe today. The ECB is set to cut interest rates by 25bps later today, there is approx 35bps of cuts currently priced in by financial markets, however, expectations of a 50bp rate cut have been scaled back during December. The ECB rate cut will be accompanied by the updated...
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The shares of the US-based photomasks producer Photronics (PLAB.US) surges 20% after the company published higher than expected fiscal Q4 results, smashing Wall Street analysts expectations. CEO of the company, Frank Lee commented results positively, as the company achieved sequential revenue growth...
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US indices finished yesterday's session lower after FOMC minutes turned out to be less dovish than market expected. S&P 500 closed 0.44%...
• Apple (AAPL.US) becomes first US company to be worth $2 trillion • FED released minutes from its July meeting • Gold...
Minutes from the FOMC meeting that took place in July has just been released. The publication did not bring much surprise. During the last meeting, ...
Apple (AAPL.US) is now worth $2 trillion and become the most valuable company in the world. The iPhone maker hit the market after its stock price...
Crude inventories in the US dropped by 1.632 million barrels in the week ended August 14th, following an 4.512 million decline in the previous...
• Pelosi hints Democrats might pare stimulus plan • US-China trade talks postponed • Cree (CREE.US) stock fell due to disappointing...
Canadian inflation data was released at 1.30pm BST. Annual inflation decreased to 0.1% y / y from 0.7% y / y, although inflation was expected to...
In spite of unfavourable conditions on the BRL market, a price of coffee climbed back above 120 cents per pound. Coffee price is being boosted by continued...
• After two days of decline, the number of new daily coronavirus cases has again surpassed 250,000. As the number of infections increases, more...
US indices have been moving in an upward trend for some time. Declines caused by the coronavirus panic have been completely erased on Nasdaq and S&P...
European markets recover from morning dip DE30 climbs back above 12,900 pts RWE (RWE.DE) launches share issue European stock...
FOMC minutes to be release in the evening OPEC+ JMMC meets in the afternoon Nvidia (NVDA.US) among today's earnings reporters European...
US indices gained yesterday with Nasdaq and S&P 500 reaching fresh record highs. S&P 500 gained 0.23% and Nasdaq added 0.73%. Dow Jones finished...
• Europe braces for second wave of infections • S&P500 (US500) contracts near record highs • Gold price back above...
• S&P500 approaching record highs • Positive data from US housing market • Kohl’s (KSS.US) quarterly results...
Gold: Gold returned above $ 2,000 an ounce due to the weak dollar Still a clear divergence...
EURUSD surged above 1.19 handle today. Despite better than expected data from the US, the pair still sits at 2-year highs. Looking at the chart from a...
A set of US housing market reports was released at 1:30 pm BST today. Housing starts for July came in at 1496k, or 22.6% MoM higher (1245k expected). Building...
Walmart (WMT.US) stock jumped over 6% in pre-market after company posted better than expected second-quarter results. Company reported adjusted...
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