Economic Calendar: US CPI, BoC Rate Decision, and Oil Data in Focus
Today's calendar features crucial US inflation data, Bank of Canada's rate decision, and EIA inventory reports. Markets await OPEC's monthly...
Market news
Oil: OPEC+ has postponed their production restoration timeline. The monthly production increase of 180,000 barrels will now begin from April next year, rather than the originally planned Q4 2024 The complete withdrawal of production cuts has been delayed by a year until the end of 2026 The...
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The cryptocurrency market opened the week in a weaker sentiment; most cryptocurrencies are losing and ZCASH and APECOIN are posting double-digit declines Bitcoin fell from levels above $100,000 to $98,000; net inflows into ETFs last Friday fell nearly 40% Thursday, to $368 million - but are still...
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Eli Lilly, the global biopharmaceutical leader, continues to strengthen its position in the rapidly growing GLP-1 market while navigating manufacturing challenges and increasing competition. The company's recent head-to-head trial results demonstrating Zepbound's superiority over Wegovy reinforce...
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Today's calendar features crucial US inflation data, Bank of Canada's rate decision, and EIA inventory reports. Markets await OPEC's monthly...
Asian markets mixed ahead of key US inflation data. Japan's Nikkei is flat, China's CSI 300 up 0.2%, Hong Kong's Hang Seng fell 0.6%. South...
U.S. stocks are showing mixed performance Tuesday, with the Dow Jones Industrial Average falling 0.4%, the S&P 500 trading flat, and the NASDAQ...
Shares of Walgreens Boots Alliance (WBA.US) surged by over 20% following reports of advanced buyout discussions with private equity firm Sycamore Partners,...
Gas prices have lost almost all of the price jump that occurred at the opening of this week. Gas prices opened near $3.3/MMBTU at the beginning of this...
US Productivity Revised Actual 2.2% (Forecast 2.2%, Previous 2.2%) US Productivity Revised Actual 2.2% (Forecast 2.2%, Previous 2.2%) US Labor Costs...
The Central Bank of Australia (RBA) decided to keep interest rates unchanged at 4.35%, in line with market expectations. However, the statement softened...
Futures point to slightly lower opening of today's cash session in Europe The economic calendar does not contain a large number of key economic...
Germany November final CPI +2.2% vs +2.2% y/y prev (M/M): -0.2% (est -0.2%; prev -0.2%) EURUSD did not react to today's data reading because...
Tuesday's Asian session saw modest gains in the quotations of most stock market indices, even though moderate downward pressure was evident on Wall...
US indices retreat from recent highs after a strong rally into year-end. The US100 leads declines, falling 0.7% amid semiconductor sector weakness....
Today, we can see a spreading selling pressure (and profit-taking) among top, European defence stocks after Trump-Zelensky-Macron yesterday meeting in...
The biggest company on Wall Street, Nvidia (NVDA.US) shares are losing almost 2.3% in pre-market trading, as China Central Televison reported that China's...
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