Gold price rose to the highest in more than two weeks on Friday, as bulls regained control after pausing on Thursday, following short-lived drop, inspired by higher than expected US inflation in September. Prevailing view Read more…
The Japanese yen is slightly lower on Friday. In the European session, USD/JPY is trading at 149.63, down 0.12%. The US inflation report for September was unchanged at 3.7% y/y, but this was higher than Read more…
US headline CPI higher than expected US jobless claims remain low New Zealand Manufacturing Index declines The New Zealand dollar is lower on Friday after a massive plunge a day earlier. In the European session, Read more…
Five things you need to know before the market opens on Friday October 13: 1. — Stock Market Today: Stocks slip as inflation fears, oil surge, hit sentiment Renewed inflation concerns, surging oil prices and the Read more…
Global oil prices surged higher Friday, testing the $90 per barrel mark, following rising military and political tensions in Israel’s war with Hamas and a new round of sanctions on the sale of Russian crude. Iran’s Read more…
Wells Fargo (WFC) – Get Free Report shares slipped lower in pre-market trading heading into the bank’s third quarter earnings report prior to Friday’s opening bell. Wells Fargo is expected to post a bottom line of Read more…
UnitedHealth Group (UNH) – Get Free Report posted stronger-than-expected third quarter earnings Friday, while lifting its full-year profit forecast, as its Optum benefits division continued to power its top and bottom lines. UnitedHealth said adjusted profits Read more…
JPMorgan Chase (JPM) – Get Free Report shares edged lower in pre-market trading ahead of the banking giant’s third quarter earnings prior to the opening bell. Analysts expected JPMorgan, the country’s biggest bank, to post a Read more…
During his recent speech at IMF’s annual meeting in Marrakech, BoE Governor Andrew Bailey reflected on previous month’s decision to maintain interest rates at 5.25%. He characterized the decision as “a tight one”, added that Read more…
U.S. equity futures edged lower Friday while Treasury bond yields steadied and the dollar retreated, as investors prepped for the start of the third quarter earnings season amid renewed inflation concerns and the escalating war Read more…