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Update: US Equity Indexes Slip After Fed's Preferred Inflation Gauge Accelerates in July
(Updates with index/price moves and geopolitical news from the first paragraph.) US equity indexe...
Japanese Yen slips ahead of Tokyo CPI
USD/JPY trades around 159.40 on Wednesday, holding onto modest gains as a firmer US Dollar (USD) kee...
Stocks mixed as oil drops, US inflation stays high
Wall Street stocks finished lower Wednesday after US inflation came in steady but elevated as market...
Japanese Yen advances as falling Treasury yields pressure US Dollar
The Japanese Yen (JPY) extends its intraday gains on Wednesday as the US Dollar (USD) comes under fresh selling pressure following a sharp decline in longer-term US Treasury yields. At the time of wri ...
Thai Baht: Higher commodities threaten Baht stability – Commerzbank
Commerzbank analysts note that the Bank of Thailand (BoT) is expected to keep its policy rate at 1.0%, seeing it as sufficiently accommodative. USD/THB has consolidated in a 32.90–33.30 range, with ri ...
Lowe’s Stock Shrugs Off Weak Guidance After a Second-Quarter Earnings Beat
The home improvement retailer’s second-quarter earnings beat was enough to overcome disappointing full-year guidance.
Brighthouse Financial slides for the 5th day amid concerns on regulatory review of deal
Canadian Dollar strengthens as Trump pauses 50% tariffs, Oil prices climb
USD/CAD declines on Wednesday and trades around 1.3810 at the time of writing, down 0.62% on the day.
Berkshire Hathaway bet big on the U.S. housing market. You probably shouldn’t follow suit.
Home-builder stocks are cheap, but it’s not easy to time a rebound in the depressed housing market.
EIA Shows Crude Oil Inventories Still Rising
Crude oil inventories in the United States saw a massive increase of 4.4 million barrels during the week ending August 14, according to new data from the U.S. Energy Information Administration (EIA) r ...
Australian Dollar: RBA keeps hawkish bias on inflation – BNY
BNY’s Geoff Yu reports the Reserve Bank of Australia remains concerned about inflation, with Deputy Governor Andrew Hauser saying further rate hikes cannot be ruled out.
United States EIA Heating Oil Stocks Change declined to -0.537M in August 14 from previous 0.192M
3 Reasons TRMB is Risky and 1 Stock to Buy Instead
Over the past six months, Trimble’s shares (currently trading at $57.27) have posted a disappointing 15% loss, well below the S&P 500’s 12.9% gain. This may have investors wondering how to approach th ...
United States Dollar Index falls as US Treasury doubles long-dated debt buybacks
The US Dollar Index (DXY) comes under fresh selling pressure on Wednesday as longer-term US Treasury yields fall sharply following the Treasury Department’s decision to expand its buyback operations.
Full Truck Alliance outlines 94.7% commission penetration as fulfillment rate reaches 47%