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Month: October 2023

Cryptocurrencies

How Will NFP Affect the Markets?

Goldman Sachs expects a strong jobs report for the US labor market in September, with an estimated 200,000 increase in non-farm payrolls. They expect the unemployment rate to fall from 3.8% to 3.7%, showing continued Read more…

By , 2 years ago October 6, 2023
Cryptocurrencies

US Jobs Report Eyed as Fed Seeks Evidence of Cooling Labour Market

Equity markets are edging higher ahead of the US jobs report on Friday, a release that could set the tone in the markets ahead of next month’s Fed meeting. While price pressures are ultimately what Read more…

By , 2 years ago October 6, 2023
Cryptocurrencies

WTI Oil: On Track for Biggest Weekly Loss in Months But Oversold Studies May Slow Bears

WTI oil remains at the back foot and holding at the lowest in five weeks on Friday, following a strong fall in past two days (down 7.6%). Renewed concerns about further slowdown in global economic Read more…

By , 2 years ago October 6, 2023
Cryptocurrencies

Stocks nudge higher, job report in focus, Exxon-Pioneer takeover talks, Tesla price cuts, Levi Strauss outlook – 5 Things To Know

Five things you need to know before the market opens on Friday October 6: 1. — Stock Market Today: Stocks gain, Treasury yields nudge higher ahead of jobs report Stocks are braced for Friday’s crucial jobs Read more…

By , 2 years ago October 6, 2023
Cryptocurrencies

September jobs report could stoke Treasury yield surge, or stop it in its tracks

Updated at 7:27 am EDT The Labor Department will publish perhaps the most important monthly employment report of the year Friday as investors remain gripped by movements in the bond market amid concerns that a Read more…

By , 2 years ago October 6, 2023
Cryptocurrencies

Levi Strauss slides after cutting full year sales outlook following muted Q3 earnings

Levi Strauss  (LEVI) – Get Free Report shares slipped lower in pre-market trading after the iconic clothing maker slashed its full-year profit forecasts, citing a pullback in consumer spending, following weaker-than-expected third quarter sales. Levi Strauss Read more…

By , 2 years ago October 6, 2023
Cryptocurrencies

Tesla stock slides on fresh Model 3, Model Y price cuts ahead of Q3 earnings

Tesla  (TSLA) – Get Free Report shares moved lower in pre-market trading after the carmaker unveiled another round of price cuts following a weaker-than-expected tally for third quarter deliveries.  Tesla, which has lowered prices for its Read more…

By , 2 years ago October 6, 2023
Cryptocurrencies

Pioneer Natural Resources surges on $60 takeover Exxon Takeover Talks

Pioneer Natural Resources  (PXD) – Get Free Report shares surged higher in pre-market trading following multiple media reports that suggest Exxon Mobile  (XOM) – Get Free Report is in advanced talks for a $60 billion takeover of Read more…

By , 2 years ago October 6, 2023
Cryptocurrencies

Pioneer Natural Resources surges on $60 billion takeover Exxon Takeover Talks

Updated at 7:06 am EDT Pioneer Natural Resources  (PXD) – Get Free Report shares surged higher in pre-market trading following multiple media reports that suggest Exxon Mobile  (XOM) – Get Free Report is in advanced talks for Read more…

By , 2 years ago October 6, 2023
Cryptocurrencies

ECB’s Schnabel warns against complacency, “last kilometre” the most difficult

In an interview with Jutarnji List, ECB Executive Board Isabel Schnabel underlined the unpredictability surrounding the current inflation trajectory, cautioning against premature optimism despite recent encouraging data. Schnabel stated, “We cannot say that we are Read more…

By , 2 years ago October 6, 2023

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