Five things you need to know before the market opens on Thursday October 12: 1. — Stock Market Today: Stocks higher, yields retreat with inflation in focus Wall Street is looking to extend its win streak Read more…
Domino’s Pizza (DPZ) – Get Free Report posted stronger-than-expected third quarter earnings Thursday as higher prices, and new delivery fees, offset a pullback in U.S. sales over the hot summer months. Domino’s said profits for the Read more…
UK GDP bounces back with 0.2% gain FOMC minutes: Restrictive policy to continue until inflation falls to target The British pound continues to have a quiet week. In the European session, GBP/USD is trading at Read more…
In early October, the GBP/USD decline exceeded 10% from its summer high, which was very worrying. However, the weakening of the US dollar and changes in sentiment in the US government bond market allowed the Read more…
Ford Motor (F) – Get Free Report shares slumped lower in pre-market trading after the United Autoworkers Union expanded its strike action to include its biggest production facility in a surprise escalation of its dispute with Read more…
Walgreens Boots Alliance (WBA) – Get Free Report shares edged higher in pre-market trading ahead of the pharmacy benefits manager and retailer’s fourth quarter earnings prior to the opening bell. Walgreens, which slashed its full-year profit Read more…
The Commerce Department will publish its first estimate of September inflation Thursday with investors looking for confirmation that recent Fed rate signals, as well as a sharp pullback in Treasury bond yields, suggests muted price Read more…
ECB Governing Council member Yannis Stournaras emphasized caution against tightening monetary policy further today. He noted borrowing costs had already risen since the ECB’s last policy meeting as a result of higher bond yields. Furthermore, Read more…
U.S. equity futures moved higher Thursday, while the dollar slipped lower against its global peers and Treasury yields steadied, as investors extended bets on the end of the Fed’s rate hiking cycle ahead of a Read more…
USDJPY keeps its footing on 20-day SMA at 148.75 Broad uptrend intact, but technical signals warrant some caution USDJPY remains range-bound around its 20-day simple moving average (SMA) for the sixth consecutive trading day as investors eagerly wait Read more…