Gap Inc. (GPS) – Get Free Report shares soared in early Friday trading after the clothing brands group posted stronger-than-expected third quarter earnings while indicating profit margins would improve over the final weeks of the year. Read more…
Markets see 60% chance of RBA rate hike in H1 of 2024 US Treasury yields fall to 4.35% The Australian dollar has bounced back on Friday after losses a day earlier. In the European session, Read more…
Gold rose to ten-day high on Friday and almost fully retraced last week’s 2.7% drop, driven by growing demand on hopes that the Fed’s tightening cycle is close to its end. Fresh extension on Friday Read more…
Applied Materials (AMAT) – Get Free Report shares tumbled in early Friday trading following a report that the chip equipment maker has been targeted by the U.S. Department of Justice for allegedly evading export restrictions on Read more…
Check back here all day with live updates. U.S. equity futures bounced higher Friday as an extended pullback in Treasury bond yields put the major indices on pace for their third consecutive weekly gain and Read more…
Speculation persists regarding the Bank of Japan’s potential departure from negative interest rates, yet the USD/JPY maintains its position within a 150–152 range for seven consecutive sessions. Caution is warranted due to a weaker-than-expected Q3 Read more…
GBPJPY starts a new brief bearish cycle after fresh highs Support at 185.60, but sellers need to drive deeper to change outlook GBPJPY switched into corrective mode, erasing half of its weekly wins after almost Read more…
UK retail sales decline unexpectedly GBP/USD edges lower The British pound is trading lower on Friday. In the European session, GBP/USD is trading at 1.2381, down 0.27%. The pound has shown sharp swings this week, Read more…
WTI oil is holding within a narrow consolidation in early Friday after falling 5.3% previous day (the biggest one-day drop since Oct 4), being under increased pressure from growing demand concerns and strong supply. Short-term Read more…
Eurozone CPI was finalized at 2.9% yoy in October, down from September’s 4.3% yoy. CPI core (excluding energy, food, alcohol & tobacco) was finalized at 4.2% yoy, down from previous reading of 4.5% yoy. The Read more…