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Month: September 2023

Cryptocurrencies

ECB’s Vasle: Probably done with rate hikes, but still many uncertainties

In a panel discussion held in Skopje today, opinions about the future of interest rates and inflation were aired by two members of ECB’s Governing Council. Bostjan Vasle suggested that the series of interest rate Read more…

By , 2 years ago September 29, 2023
Cryptocurrencies

Canadian Dollar Extends Gains ahead of GDP

Canada’s GDP expected to improve US PCE Core Prices projected to stay steady at 0.2% The Canadian dollar has posted losses on Friday. In the European session, USD/CAD is trading at 1.3446, down 0.28%. Canada’s Read more…

By , 2 years ago September 29, 2023
Cryptocurrencies

WTI Oil: Consolidating Under New 2023 High, On Track for a Quarterly Gains of Nearly 30%

WTI oil price is moving within a tight range but holding traction on Friday following a pullback from new 2023 high ($95.00) on Thursday (down 2% for the day). Overall structure remains bullish, with tight Read more…

By , 2 years ago September 29, 2023
Cryptocurrencies

US 30 Analysis: Dow Jones Finds Support

September is likely to be the second month in a row that the Dow Jones (US 30) stock market index declined. The last time this happened was… also in September, a year ago. Important economic Read more…

By , 2 years ago September 29, 2023
Cryptocurrencies

Stocks higher, inflation in focus, UAW strikes, Nike, Carnival

Five things you need to know before the market opens on Friday September 29: 1. — Stock Market Today: Stocks higher, Treasury yields slide with inflation data in focus Soft inflation data from Europe, as well Read more…

By , 2 years ago September 29, 2023
Cryptocurrencies

Carnival earnings to focus on margins, fuel costs amid cruise travel boom

Carnival Corp  (CCL) – Get Free Report shares moved higher in pre-market trading ahead of the cruise line operator’s third quarter earnings expected before the opening bell. Carnival is expected to swing to a profit of Read more…

By , 2 years ago September 29, 2023
Cryptocurrencies

Nike stock surges as earnings impress, profit margins set to improve

Nike  (NKE) – Get Free Report shares jumped higher in pre-market trading Friday after the sportswear giant posted stronger-than-expected first quarter earnings and indicated profit margins would improve over the coming months. Nike said earnings for Read more…

By , 2 years ago September 29, 2023
Cryptocurrencies

UAW deadline for expanded strikes looms Friday as Big 3 talks stall

The United Autoworkers Union is set to expand its unprecedented strike on the three major U.S. automakers Friday as it continues to bargain with Ford, General Motors and Stellantis and pay and pensions for its Read more…

By , 2 years ago September 29, 2023
Cryptocurrencies

Fed inflation gauge in focus as spending slows, rate hike bets fade

The Bureau of Economic Analysis will publish its August reading of the Federal Reserve’s preferred measure of U.S. inflation Friday as markets grapple with the likelihood of a final rate hike between now and the Read more…

By , 2 years ago September 29, 2023
Cryptocurrencies

Stock Market Today: Stocks higher, Treasury yields slide, inflation in focus

U.S. equity futures moved higher Friday, while the dollar and Treasury yields retreated, as investors looked to close out the month of September on a high night while tracking inflation data at home and aboard.  Read more…

By , 2 years ago September 29, 2023

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