The Australian dollar is in negative territory today. In the European session, AUD/USD is trading at 0.6763, down 0.51%. RBA raises by 50bp The RBA isn’t getting much love, even after raising rates by 50 Read more…
The merger between Donald Trump’s media group and Digital World Acquisition could collapse this week without a shareholder-approved extension, Reuters reported Monday. Digital World Acquisition (DWAC) , the so-called blank check company that is planning Read more…
Good morning and welcome to Tuesday’s Daily Authority. I’m feeling accomplished this week after managing to snag a bed, mattress, fridge, and sofa for my new apartment without breaking a sweat. Ok, that last bit Read more…
“Our focus is on supporting Gustavo Arnal’s family and his team and our thoughts are with them during this sad and difficult time,” independent chairwoman Harriet Edelman said. Bed, Bath & Beyond (BBBY) – Get Read more…
“Signify Health will play a critical role in advancing our health care services strategy,” said CEO Karen Lynch. CVS Health (CVS) – Get CVS Health Corporation Report shares edged higher in pre-market trading after the pharmacy Read more…
Stock futures higher, dollar holds firm; week ahead: Powell speech, Apple launch in focus; CVS Health buys signify for $8 billion; Bed, Bath & Beyond tragedy sends shares sharply lower and California declares grid emergency Read more…
EUR/GBP falls as Truss looks to tackle the energy crisis The pound is on the rebound following the announcement of Liz Truss as Prime Minister and, more specifically, her draft £130 billion energy support plan. Read more…
Market sentiment lacked conviction on Tuesday morning despite the Chinese government pledging more efforts to support economic growth. Asian shares were mixed as investors braced for the return of traders from across the pond. US Read more…
UK PMI Construction recovered from 48.9 to 49.2 in August, above expectation of 48.0. S&P Global noted that activity was down for the second month running. New orders and employment had softer rises. But supply-chain Read more…
CAD/JPY breaks through 107.62 high today on broad based Yen selloff. The break of near term channel resistance also indicates upside acceleration. Further rally is expected now as long as 106.55 minor support holds. Next Read more…