NIESR estimated UK’s GDP remained “flatlined” in the final quarter of 2023. Looking ahead, NIESR forecasts modest uptick in GDP growth for the first quarter of 2024 by 0.2%. This forecast aligns with broader trend Read more…
Updated at 7:46 AM EST Tesla (TSLA) – Get Free Report shares slumped lower in early Friday trading following another round of EV price cuts in China and reports that it would suspend production at its Read more…
Oil is up 2.8% since the start of the day on Friday following a new round of escalation in the Middle East. The price of Brent rose above $80, while a barrel of WTI traded Read more…
Updated at 7:35 AM EST JPMorgan Chase (JPM) – Get Free Report posted weaker-than-expected fourth-quarter earnings Friday thanks in part to a $3 billion payment it made to the Federal Deposit Insurance Corporation to pay for Read more…
Updated at 7:42 AM EST UnitedHealth Group (UNH) – Get Free Report posted stronger-than-expected fourth-quarter earnings Friday as its Optum benefits division continued to power its top and bottom lines while offsetting a modest increase in Read more…
Check back for updates throughout the trading day U.S. equity futures slipped Friday while oil prices tumbled and the dollar held steady, as investors braced for a host of blue-chip earnings prior to the start Read more…
China’s CPI declines by 0.3% Fed’s Mester pushes back against March rate cut expectations The Australian dollar has edged higher on Friday. In the European session, AUD/USD is trading at 0.6693, up 0.09%. Policy makers Read more…
AUDUSD fails to fall below 0.6645 Price holds well above uptrend line RSI is flattening AUDUSD has been in a somewhat positive corrective mode during the week, earning back some losses from the December 28 Read more…
USDCAD pauses rebound near key resistance trendline Market sentiment remains fragile below 1.3440 USDCAD could not climb into the 1.3400 zone despite the slight positive surprise in the US CPI inflation numbers on Thursday, staying Read more…
UK GDP rebounds to 0.3%, but economy remains weak US inflation hotter than expected at 3.4% The British pound is showing limited movement on Friday. In the European session, GBP/USD is trading at 1.2769, up Read more…