Just the potential of a nationwide railway strike is already hurting the economy as railways pause shipments of hazardous and security-sensitive materials. Just the potential for a nationwide railway strike is already hurting the U.S. Read more…
Bets that U.S. inflation has peaked is pushing the dollar lower and stocks into their fifth consecutive day of gains heading into the August CPI reading. U.S. equity futures advanced for a fifth consecutive session Read more…
Monthly estimates showed that the UK economy added 2.5% over the three months to July vs the same period a year earlier. The negative surprise was a 0.3% decline in Industrial Production in July compared Read more…
Market picture Bitcoin rose 2.6% to $22,300 in the past 24 hours amid rising stock indices and a weaker US dollar. Ethereum lags the market, losing 0.7% to $1715. Top altcoins performance ranged from -1.5% Read more…
Bitcoin is trading above $22 000 on Tuesday as it continues a week-long rally ahead of the US inflation data and a highly anticipated Ethereum network upgrade. After falling below $19 000 on Wednesday to Read more…
The Australian dollar continues to rally and has climbed above the 0.69 level for the first time in September. AUD/USD has gained 150 points since Thursday, as the US dollar continues to lose ground. Australia Read more…
The Euro keeps firm tone in European trading on Tuesday, despite downbeat data from Germany (Aug CPI rose to 7.9% from 7.5% in July / economic sentiment weakened further into Sep and hit the lowest Read more…
Germany ZEW Economist Sentiment dropped further from -55.3 to -61.9 in September, worse than expectation of -60. Current Situation index dropped from -47.6 to -60.5, below expectation of -50.5. Eurozone ZEW Economic Sentiment dropped from Read more…
“We continue to expect organic revenue growth in our cloud business will accelerate substantially,” said CEO Safra Catz. Oracle Corp. (ORCL) – Get Oracle Corporation Report shares moved higher in pre-market trading after the cloud-focused software Read more…
“Now it is time for me to start a new professional chapter (and) I m leaving the company in good hands,” said outgoing co-founder John Foley. Peloton Interactive (PTON) – Get Peloton Interactive Inc. Report shares Read more…