Daily summary: Sizable declines the day before the important FOMC decision
Inflation data from Canada for August surprised the market. CPI inflation rebounded to 4.0% and core inflation to 3.3% on an annualised basis. Although...
Market news
Tesla has seen a surge in its stock price despite facing new European tariffs on Chinese-made electric vehicles (EVs). While these tariffs are designed to hinder the competitiveness of Chinese EVs in the European market, Tesla has managed to secure a favorable tariff rate due to its significant investments...
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The conflict in the Middle East has been the most important issue in recent days after the escalation experienced last Tuesday, when Iran, in response to the Israeli invasion of Lebanon, launched a missile attack on Tel Aviv. The situation at the moment is one of tense calm awaiting Israel's response....
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Change in Non-farm Payrolls: 254k (expected: 150k; previous: 142k) Change in Private Payrolls: 223k (expected: 125k; previous: 118k) Two month-revision: 72k (previous: -82k) Change in Manufacturing Payrolls: -7k (expected: -8k; previous: -24k) Unemployment rate: 4.1% (expected: 4.2%; previous:...
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Inflation data from Canada for August surprised the market. CPI inflation rebounded to 4.0% and core inflation to 3.3% on an annualised basis. Although...
NATGAS (+4%) and European TTF (+8.5%) prices rose on news of an outage at Norway's Troll upstream field (the largest production zone of its kind in...
Prior to FedEx's earnings report The market anticipates that FedEx Corporation (FDX.US) will announce its financial results for the first quarter...
Wall Street loses in early Tuesday trading session Oil companies gain on wave of oil price rallies First satellite launch failure in 2 years wears...
Oil: OPEC maintains expectations of clear demand growth next year, albeit with declining Chinese participation There has been speculation about...
Oil is continuing its rally triggered by OPEC+ actions, especially supply cut extensions from Saudi Arabia and Russia. Both countries announced 2 weeks...
Building permits for August: 1.543 million (expected: 1.44 million; previous: 1.443 million) Housing Starts: 1.283 million (expected: 1.44 million;...
- Canada, CPI inflation for August. Actual: 4% YoY. Expected: 3.8% YoY. Previous: 3.3% YoY MoM data. Actual: 0,4%. Expected: 0,3%. Previous: 0,6%. CPI...
TUI (TUI.DE) gains on wave of sustained consumer demand Jefferies raises recommendation for Volkswagen shares (VOW1.DE) Overall market situation: Tuesday's...
Cryptocurrencies continue to rise today on the wave of further reports of blockchain technology adoption among financial institutions, increasing debt...
The Organization for Economic Cooperation and Development (OECD) issued an Economic Outlook report for September 2023 today at 10:00 am BST. Report included...
French fashion holding SMCP (SMCP.FR) has updated its forecast for the third quarter as well as the whole of 2023. It was after this that the dynamic sell-off...
CPI inflation report for August for whole euro area was a key reading scheduled for the European morning today. However, as it was a revision, it was not...
Markets remain rather calm and quiet in the run-up to the central bank marathon later this week. Traders will be offered rate decisions from FOMC (Wednesday),...
European indices opened slightly lower Inflation data from Eurozone and Canada US housing market data for August European stock market indices...
US indices finished yesterday's trading little changed - S&P 500 gained 0.07%, Dow Jones moved 0.02% higher and Nasdaq finished 0.01%. Russell...
Wall Street ended the day with moderate gains as lower volatility prevails, with investors awaiting the crucial Fed decision and Jerome Powell's...
Alphabet (GOOGL.US) and OpenAI competetion Tech giants Google and OpenAI are in a fierce battle to be the first to release next-generation multimodal...
The euro is gaining against most currencies, with the EURUSD pair increasing by 0.30% following information that the European Central Bank (ECB) is allegedly...
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