Meta Platforms (META) – Get Free Report, the social media giant behind Facebook, Instagram and WhatsApp, posted strong third-quarter results after the bell Wednesday. Group revenues surged more than 23% to $34.15 billion while monthly Read more…
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U.S. economic growth continued to power higher over the three months ending in September, official data indicated Thursday, as consumer spending and a resilient job market pushed recession risks further into 2024. The Commerce Department Read more…
US initial jobless claims rose 10k to 210k in the week ending October 21, above expectation of 202k. Four-week moving average of initial claims rose 1.25k to 207.5k. Continuing claims rose 63k to 1790k in Read more…
US economy delivered a strong performance in Q3, with GDP growth registering at an annualized rate of 4.9%, surpassing the anticipated 4.3% and showing a marked improvement from the 2.1% seen in Q2. This robust Read more…
ECB keeps interest rates unchanged as widely expected. The main refinancing, marginal lending and deposit rates are held at 4.50%, 4.75%, and 4.00% respectively. The central bank maintains that key interest are “at levels that, Read more…
The Governing Council today decided to keep the three key ECB interest rates unchanged. The incoming information has broadly confirmed its previous assessment of the medium-term inflation outlook. Inflation is still expected to stay too Read more…
The price actions of the EUR/JPY have shaped the expected minor slide toward the highlighted support of 155.90 as mentioned in our previous report. The cross pair printed an intraday low of 154.42 on 3 Read more…
AUD/USD falls to lowest level since October 2022 US GDP expected to jump to 4.3% The Australian dollar has pared losses from earlier today. In the European session, AUD/USD is trading at 0.6303, down 0.07%. Read more…
Core inflation has improved recently, but the ECB is cautious due to fluctuating oil prices that could rekindle headline inflation. Another ECB interest rate hike is viewed as unlikely at present. Monetary data, economic indicators, Read more…