Gold continues to shine and hit the highest since mid-April on Thursday, in extension of the rally on Wednesday, sparked by dovish Fed. Investors entered fresh gold longs, as dollar became less popular after the Read more…
The euro is showing limited movement on Thursday, ahead of the ECB rate meeting. In the European session, EUR/USD is trading at 1.1000. Euro jumps on dovish Powell Investors liked what they heard from Jerome Read more…
Credit: Ryan Haines / Android Authority Opinion post by Hadlee Simons The Samsung Galaxy S23 series is finally here, which means we no longer have to endure a constant stream of leaks and rumors — Read more…
BoE raises Bank Rate by 50bps to 4.00% as widely expected. The decision was made by 7-2 votes. Swati Dhingra and Silvana Tenreyro voted for no change again, as in December. Known hawk Catherine Mann Read more…
Monetary Policy Summary, February 2023 The Bank of England’s Monetary Policy Committee (MPC) sets monetary policy to meet the 2% inflation target, and in a way that helps to sustain growth and employment. At its Read more…
“Over the course of this critical year, we hope to launch as many as four new medicines for challenging diseases, while advancing our next generation of molecules currently in Phase 3.” said CEO David Ricks. Read more…
Merck said it sees 2023 sales in the region of $57.2 billion and $58.7 billion. Merck & Co. (MRK) – Get Free Report posted better-than-expected fourth quarter earnings Thursday, thanks in part to impressive sales of Read more…
Cable stands at the back foot on Thursday, ahead of BOE policy meeting, though the price action remains within larger 1.2263/1.2247 near-term range and lacking clearer direction. Technical studies are mixed on daily chart, while Read more…
“Late-cycle aerospace and energy end markets are positioned for a strong growth year in 2023,” said CEO Darius Adamczyk. Honeywell International (HON) – Get Free Report posted modestly better-than-expected fourth quarter earnings Thursday, while revenues were Read more…
The Euro is holding firm tone in European trading on Thursday and consolidating around psychological 1.10 level, just under new ten-month high (1.1032), hit in extension of Wednesday’s 1.1% advance. The single currency appreciated after Read more…