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Update: S&P 500 Hits Record High as Jobs Report Eases Rate Hike Bets
(Updates with market moves at the end of the day, and any other changes, if any.) The S&P 500 hit...
US Equity Indexes Rise This Week as Technology Mega-Caps Advance, Hormuz Reopening Deal in Works
US equity indexes jumped this week amid gains in technology heavyweights and growing expectations of...
Italy Trade Balance EU declined to €-1.08B in March from previous €-0.652B
Italy Trade Balance EU declined to €-1.08B in March from previous €-0.652B
Italy Global Trade Balance registered at €4.709B, below expectations (€5.2B) in March
Italy Global Trade Balance registered at €4.709B, below expectations (€5.2B) in March
Swiss Franc advances as USD loses latest gains despite increased risk aversion
USD/CHF halts its five-day winning streak, trading around 0.7860 during the early European hours on Monday. The currency pair depreciated as the US Dollar (USD) surrendered its daily gains, despite a ...
Ebola outbreak: CDC mobilizes response efforts; U.S. risk remains low
British Pound recovers from over one-week low vs weaker JPY; GBP/JPY retakes 212.00
The GBP/JPY cross stages a modest recovery from a one-and-a-half-week trough, set earlier this Monday, and retakes the 212.00 mark during the early European session.
China’s Coal Output Slips as Imports Extend Decline
China’s coal production last month inched down by 1%, to 385.63 million tons, Reuters has reported, citing official statistics data. The decline was from an all-time high achieved in March. Over the f ...
UK Deputy to PM Lammy: There will be no timetable for departure
United Kingdom (UK) Deputy David Lammy to Prime Minister (PM) Keir Starmer said during the European trading session on Monday that the PM will not set out a timetable for his departure from Downing St ...
Equities: Broad-based risk-off as bond yields surge – Danske Bank
Danske Research Team reports that global equities fell on Friday and remain weak, with Asian markets and US and European futures softer.
Euro: Downside risks versus US Dollar focus on 1.1570 – UOB
UOB’s Quek Ser Leang and Lee Sue Ann note that EUR/USD has dropped to a six-week low near 1.1620, with strong downward momentum keeping risks skewed lower.
3 Reasons to Avoid UFPI and 1 Stock to Buy Instead
Over the past six months, UFP Industries’s shares (currently trading at $81.49) have posted a disappointing 10% loss, well below the S&P 500’s 9.9% gain. This was partly due to its softer quarterly re ...
Pound Sterling Price News and Forecast: GBP/USD falls to near 1.3300 amid UK political uncertainty
The GBP/USD pair trades lower near 1.3300 in the early European trade at the start of the week, the lowest level seen in over five weeks.
GBP/USD Price Forecast: Sees more downside below 1.3300
The GBP/USD pair trades lower near 1.3300 in the early European trade at the start of the week, the lowest level seen in over five weeks.