AT&T opted for a spin-off of its WarnerMedia assets as part of its $43 billion media merger with Discovery while proposing a post-close dividend of $1.11 per share — down 46% from prior levels — Read more…
The Aussie has rebounded nicely this week, recovering half the losses from last week, when it tumbled 2.5%. AUD/USD has edged higher and is trading just below the 0.71 level in the European session. RBA Read more…
EURUSD made strong bounce in the 4-hour chart, which can be first signal for a completed wave 5), but to confirm the low, we need to see a rally back above 1.1300 level, otherwise wave Read more…
WTI oil is consolidating under new seven-year high ($88.81), posted after six consecutive weeks of gains, as overbought daily studies and expectations of a rise in US crude inventories prompted some profit-taking. Overall picture remains Read more…
UPS said it will boost its quarterly dividend by 48%, to $1.52 per share, following stronger-than-expected fourth quarter earnings. United Parcel Service (UPS) – Get United Parcel Service, Inc. Class B Report posted stronger-than-expected fourth quarter Read more…
Stock futures slip lower as February trading begins with caution; Bloomberg reports the FTC will probe Microsoft’s $69 billion takeover of Activision; Google Q4 earnings on deck with a focus on ad sales; Tesla petition Read more…
Are the tides turning for an EV maker, a meme favorite and a pandemic high flier? When the financial markets are experiencing a serious decline, as is the case with stocks so far in 2022, Read more…
EURJPY buyers have managed to recoup the last week of losses through yesterday’s trading session and are now struggling to beat the 50-day simple moving average (SMA) at 129.26. The positive price action has underpinned Read more…
Euro bounces back as markets price in more ECB tightening Stock markets power higher, has the storm passed? Aussie unscathed by RBA, earnings season continues Euro recovers Market participants are raising their bets that the Read more…
Eurozone unemployment rate dropped from 7.1% to 7.0% in December, better than expectation of 7.1%. EU Unemployment rate dropped from 6.5% to 6.4%. Eurostat estimates that 13.612m men and women in the EU, of whom Read more…