In this article ANF Follow your favorite stocksCREATE FREE ACCOUNT An Abercrombie & Fitch store in New York, US, on Monday, Nov. 20, 2023. Abercrombie & Fitch Co. is scheduled to release earnings figures on November 21. Stephanie Keith | Bloomberg | Getty Images Abercrombie & Fitch said Wednesday that its holiday-quarter sales jumped 21%
Share: Tiff Macklem, the Governor of the Bank of Canada (BoC), elaborates on the BoC’s choice to maintain the interest rate at 5% following the March policy gathering and addresses inquiries from the media. [embedded content] Highlights from the Bank of Canada Press Conference We have out eyes on commercial real estate, exposure in Canada
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not
Week Ahead 4th – 8th March Mon: Swiss CPI (Feb), South Korean GDP (Q4), Japanese Tokyo CPI (Feb), Tue: US Primary Super Tuesday, Chinese Caixin Services PMI Final (Feb), EZ/UK/US Services and Composite PMI Final (Feb), EZ PPI (Jan), US ISM Services PMI (Feb), South Korean CPI (Feb) Wed: BoC Announcement, Australian GDP (Q4), German
Gold prices in the international and domestic markets suffered losses in the first two months of 2024. A strong US dollar, expectations of further delay in US Fed rate cuts, and a rally in global equities affected the sentiment surrounding the metal. The US Dollar has gained almost 3% since the start of January. Firm
Yen ended as the best performer last week amidst intensifying discussions around BoC rate hike, spurred by comments from the central bank’s officials. The anticipation of policy tightening propelled Yen forward, although gains were tempered by uncertainties surrounding the timing of the first move, and the path of subsequent rate increases. The claimed the position
A salesman preparing a bag of sweets for a customer in the Sicilian confectionery shop Mazzone on February 02, 2024 in Catania, Italy. Fabrizio Villa | Getty Images News | Getty Images Inflation in the 20-nation euro zone eased to 2.6% in February, flash figures showed on Friday, but both the headline and core figures
Supply chain disruptions are causing a production backlog at the world’s largest truckmaker, Daimler Trucks. Bloomberg | Getty Images Shares of Daimler Truck hit a fresh all-time high Friday, spiking more than 13.5% in early deals, after posting record full-year profit and announcing a 2 billion euro ($2.16 billion) share buyback program. The German truck
Share: Gold price catapults to $2,088.33, marking a significant rally in response to US economic reports and bond yield dynamics. Mixed manufacturing PMI reports fuel Gold’s ascent with ISM data indicating contraction in US manufacturing sector. Declining US Treasury yields bolster Gold’s attractiveness, pushing XAU/USD to new year-to-date peak. Gold price soars to a new
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In this video, we’re going to teach you how to trade forex for beginners in 2024. If you’re interested in trading forex but you’re not sure where to start, this video is for you! We’re going to teach you the basics of forex trading, and then show you how to start trading forex using a
Unlock the secrets of breaker blocks in the forex market with our comprehensive guide. Dive deep into the mechanisms behind these pivotal points, discovering how they shape trading strategies and influence market movements. From identifying key levels to leveraging opportunities, we provide invaluable insights for traders of all levels. Don’t miss out on this essential
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not
Goldman Sachs CEO David Solomon spoke at a UBS Group conference on Tuesday. He says he is uncertain that the US can avoid a recession: The world is set up for a soft landing. The market certainly perceives there’s a very, very high delta to a soft landing. My own view is it’s a little
Gold prices inched up on Tuesday, buoyed by a weaker U.S. dollar and bond yields, ahead of a key inflation report and comments from Federal Reserve officials for further clues on when interest rate cuts will commence. Spot gold was up 0.4% at $2,038.15 per ounce as of 1229 GMT, hovering near its highest since
As the market transitions into early US session, Yen remains the best performer of the day, riding on Japan’s stronger-than-anticipated CPI data. Despite the positive undercurrent, Yen has yet to find decisive buying momentum, suggesting that most traders are still on the sideline. Meanwhile, Australian Dollar trails as the second strongest for now, followed by
In this article JPM Follow your favorite stocksCREATE FREE ACCOUNT JPMorgan Chase CEO Jamie Dimon thinks there’s a better-than-even chance that the U.S. is heading for a recession, though he doesn’t see systemic issues looming. Speaking Monday from the JPMorgan High Yield and Leveraged Finance Conference in Miami, the head of the largest U.S. bank
In this article M Follow your favorite stocksCREATE FREE ACCOUNT The Macy’s logo is seen at its store in Herald Square in New York City on Jan. 19, 2024. Michael M. Santiago | Getty Images Macy’s on Tuesday said sales fell nearly 2% in the holiday quarter, as the 166-year-old department store operator unveiled its
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