Homes under construction in Englewood Cliffs, New Jersey on Nov. 19th, 2024. Adam Jeffery | CNBC If President-elect Donald Trump is going to push inflation back down to a more tolerable level, he will need help from housing costs, an area where federal policymakers have only a limited amount of influence. The November consumer price
admin
In this article M Follow your favorite stocksCREATE FREE ACCOUNT A Macy’s store decorated for the holidays in San Francisco, California, US, on Wednesday, Nov. 13, 2024. David Paul Morris | Bloomberg | Getty Images Macy’s on Wednesday said it has wrapped up an investigation into an employee who intentionally hid about $151 million of
Fundamental Overview The Nasdaq managed to extend the rally into a new all-time high recently. The conditions for further upside in the index remain in place. In fact, Trump’s policies will be a positive driver for growth in 2025 and with the Fed remaining in an easing cycle, growth should remain positive and might even
Data released Saturday by the People’s Bank of China revealed that it has resumed buying gold. It was the largest official buyer in the world in 2023 as it looked to be headed on a multi-year effort to diversify out of US dollars. That changed this year as officials seemingly became price sensitive as buying
NZD/JPY fell to 87.48 on Friday, extending its weekly losses. Indicators are dangerously close to oversold conditions, signaling a potential correction. Bearish momentum remains intact, with risks of further downside. The NZD/JPY pair extended its decline on Friday, falling to 87.48 as selling pressure intensified. This marks a continuation of the bearish trend that began
Spot gold closed with a gain of $1 at $2633 on Friday. The metal was down nearly 0.40% this week, its second straight weekly loss. It traded in the range of $2613 (December 6) to $2657 (December 4). Data roundup The US employers added 227K jobs, beating the forecast of 220K, as with October data
Dollar came under pressure against European currencies following release of US non-farm payroll report, despite the data being robust overall. In contrast, the greenback held firm against Yen and Aussie, while advancing against Loonie, with the latter pressured by surprisingly large increase in Canada’s unemployment rate, signaling sharp loosening in its labor market. The NFP
Jerome Powell, chairman of the US Federal Reserve, during the New York Times DealBook Summit at Jazz at Lincoln Center in New York, US, on Wednesday, Dec. 4, 2024. Yuki Iwamura | Bloomberg | Getty Images Friday’s jobs report virtually cements that the Federal Reserve will approve an interest rate cut when it meets later
In this article ULTA Follow your favorite stocksCREATE FREE ACCOUNT Beauty products on the shelves at Ulta Beauty. Brian Cassella | Tribune News Service | Getty Images Ulta Beauty on Thursday beat Wall Street’s fiscal third-quarter expectations, fending off fears of fiercer competition and slowing demand for makeup and skincare. The retailer hiked its full-year
The USDJPY is trading to a new high for the day and looks to test the broken 38.2% of the move up from the September low at 150.18. Above that is the falling 100 hour MA at 150.368. The price gapped below the 100 hour MA back on November 25 (Monday) and corrected up to
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
Australia’s Gross Domestic Product (GDP) grew 0.3% QoQ in the third quarter (Q3) of 2024 compared with the 0.2% growth in the second quarter, the Australian Bureau of Statistics (ABS) showed on Wednesday. This reading came in below expectations of 0.4%. The annual third-quarter GDP expanded by 0.8%, compared with the 1.0% growth in Q2 while below
The stock has given a breakout with a strong candle, marking a 6% move in a single day, after continuously facing rejections from the resistance zone of Rs 4,693-4,785 for the last 10 days. The potential target for the stock will be Rs 5,526 as T1, with a stop loss at the Rs 4,480 price
Swiss Franc strengthened broadly after inflation data for November indicated a modest uptick, stabilizing after months of decline. Although the annual CPI reading missed market expectations, the stabilization reduces immediate pressure on SNB to implement a significant 50bps rate cut at its upcoming policy meeting this month. However, uncertainty still lingers as SNB faces the
Available jobs rose in October while hiring fell during a month in which payrolls growth hit its lowest level in nearly four years, the Bureau of Labor Statistics reported Tuesday. Job openings totaled 7.74 million on the month, up 372,000 from September and more than the Dow Jones estimate for 7.5 million, the BLS said
Shares of Salesforce surged in extended trading Tuesday after the enterprise software giant reported better-than-expected quarterly revenue and issued a solid forecast for the current period. But most importantly, the company showed that Agentforce, its new AI platform, may kickstart revenue growth in the future. Revenue in the fiscal 2025 third quarter increased 8% year
Fundamental Overview The Nasdaq is slowly crawling back to the all-time high. The market continues to look forward to the next year with Trump’s policies being a positive driver for growth. The only bearish reason we had for the stock market was the rise in Treasury yields. That’s generally bearish only when the Fed is
Markets: JPY leads, USD lags US 10-year yields down 6 bps to 4.18% S&P 500 up 0.6% Gold up $13 to 2653 WTI crude oil down $0.57 to $68.00 Markets were surprisingly lively for a de facto US holiday. Bids were strong in risk assets, which got help from a report saying US restrictions on
- « Previous Page
- 1
- 2
- 3
- 4
- 5
- 6
- …
- 303
- Next Page »