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ECB Press conference live stream
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US CPI Preview – A Playbook on the Worlds Most Important Data Point
With the world so myopically focused on global inflationary trends, the clear focus now falls on tomorrow’s (22:30 AEST / 13:30 BST) May US CPI report – arguably the most important economic release on the Read more…
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ECB ends net APP purchase, to hike 25bps in Jul, again and maybe larger in Sep
ECB leaves interest rates unchanged today as widely expected. That is, The main refinancing rate, marginal lending facility rate and deposit rate are held at 0.00%, 0.25% and -0.50% respectively. However, it explicitly said, “the Read more…
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(ECB) Monetary policy decisions
High inflation is a major challenge for all of us. The Governing Council will make sure that inflation returns to its 2% target over the medium term. In May inflation again rose significantly, mainly because Read more…
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Elon Musk Jokes About His ‘Diabolical’ Plan
The CEO of Tesla who is also the richest man in the world is the object of many fantasies. Is Elon Musk a victim of himself? The CEO of Tesla (TSLA) – Get Tesla Inc. Read more…
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Ford Comes to the Rescue of Tesla
The Dearborn vehicle maker and its CEO Jim Farley have made Tesla their main rival in the electric vehicle race. Ford (F) – Get Ford Motor Company Report and its CEO Jim Farley have one obsession: Read more…
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Stock Market Today – 6/9: Stocks Edge Higher With Inflation In Focus; Oil Holds at $122 Per Barrel
Record high gas prices and surging energy costs could keep inflation levels elevated over the coming months as stocks look cautiously to tomorrow’s crucial May CPI reading. U.S. equity futures edged cautiously higher Thursday as Read more…
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Euro Unchanged ahead of ECB Meeting
It has been a quiet week for the euro, and that trend has continued today, as EUR/USD is unchanged at 1.0718. All eyes on ECB The ECB is poised to end its accommodative policy at Read more…
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Target Stock Gains After Retailer Boosts Dividend Despite Margin Concerns
Just days after trimming its near-term margin forecast, Target said it will boost its quarterly dividend by 20%. Target (TGT) – Get Target Corporation Report shares moved higher Thursday after the retailer boosted its quarterly dividend Read more…
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CVS said Thursday that it will reiterate its recent full-year profit forecasts during a series of investor meetings over the coming weeks.
CVS Health (CVS) – Get CVS Health Corporation Report shared nudged higher Thursday after the group reiterated its full-year profit outlook ahead of a series of investor meetings scheduled for the remainder of June. CVS said Read more…