AUD/USD continues to power upwards and hit 10-week highs earlier today. The Australian dollar climbed 1.5% on Wednesday and has edged higher today. In the European session, AUD/USD is trading at 0.6796, up 0.14%. US Read more…
“We’re really off to a very solid start to the quarter. It’s in line with our forecast, and we see no reason for that to stop,” said CEO Joel Anderson. Five Below (FIVE) – Get Read more…
Costco’s slowing November sales growth echoes a warning on changing spending habits from Target. Costco Wholesale (COST) – Get Free Report shares moved lower Thursday after the bulk-discount retailer reported weaker-than-expected November sales amid what could Read more…
“It’s bittersweet that Bret has decided to step down as my Co-CEO,” said Marc Benioff. “He made his mark on Salesforce as an incredible technologist, leader and friend to us all.” Salesforce (CRM) – Get Read more…
Stock Futures Drift Lower After Powell-Induced Rally; Salesforce Slumps As Co-CEO Steps Down, Clouding Q3 Earnings Beat; Costco Slides After Softer November Sales Data; Five Below Surges After Q3 Earnings Beat, Solid Outlook and GE Read more…
The dollar index stabilized in early European trading on Thursday, after a gap lower opening and dip to two-week low, as less hawkish than expected remarks from Fed Chair Powell on Wednesday, soured the sentiment. Read more…
UK PMI Manufacturing was finalized at 46.5 in November, up from October’s 46.2. S&P Global said intermediate goods remained the weakest performing sector. Business sentiment dipped to the lowest since April 2020. Input price inflation Read more…
AUDUSD jumped into the 0.6800 territory early on Thursday after a remarkable session in November, which added 6% to the pair’s value—the largest gain since April 2020. The progress followed the confirmation of a bullish Read more…
WTI oil futures (January delivery) have been stuck in a downtrend since mid-June when the price failed to surpass the 121.00 mark. Moreover, in the last few daily sessions, the commodity plummeted to a fresh 11-month low before Read more…
Eurozone PMI Manufacturing was finalized at 47.1in November, up from October’s 46.4. Looking at some member countries, Ireland PMI Manufacturing was at 48.7 (30 mth-low), Italy at 48.4, Greece at 48.4, France at 48., Austria Read more…