In this article WMT A shopper carries a bag outside a Walmart store in San Leandro, California, on Thursday, May 13, 2021. David Paul Morris | Bloomberg | Getty Images Walmart will report fourth-quarter earnings before the bell on Thursday, as investors look for clues about how shoppers are responding to inflation. Here is what
Month: February 2022
Data shows that Millennials in the United States are flocking to alternative financing methods such as crypto assets to boost their financial well-being. A report titled The State of Consumer Banking & Payments by Morning Consult in January found that Millennials are adopting new technologies to help them make financial decisions at a higher rate
USD/CAD is sensing resistance near 1.2715 as WTI prices consolidate. The risk-off impulse in the market is not favouring the DXY. Oil prices seesaw between the US-Iranian nuclear deal and the Russia and Ukraine tussle. The USD/CAD pair is hovering in the vicinity of 1.2700 with a high of 1.2714 recently printed as West Texas Intermediate (WTI),
Fox reports that shelling has resumed in Eastern Ukraine as the region braces for conflict. This would be the Ukrainian military or separatists in Donbass, not the Russian military. This kicked off yesterday and initially caused a big wobble in markets and flight to USD and JPY . However this kind of fighting in
Breaks from wedge consolidation patterns are one of the toughest patterns out there because there are so many old highs in place that could transform the move into a broader range trade. That said, the spoils of getting a breakout right are incredible. We could be seeing that in gold today as it climbs $30
Gold prices in the national capital on Thursday rallied Rs 513 to Rs 49,738 per 10 grams, reflecting overnight gains in international precious metal prices, according to HDFC Securities. In the previous trade, the yellow metal settled at Rs 49,225 per 10 grams. Silver zoomed by Rs 190 to Rs 63,222 per kg, from Rs
The markets are overall mixed today, as investors are holding their breath, awaiting confirmation on whether Russia is going to invade Ukraine, or not. Gold jumps notably and is now eyeing 1900 handle on nervous sentiment. In the currency markets, Yen is currently the stronger one, followed by Kiwi and then Sterling. Canadian Dollar is
Consumer spending bounced back sharply in January as rising inflation and a post-holiday surge kept cash registers ringing, the Commerce Department reported Wednesday. Retail sales for the month rose 3.8%, much better than the 2.1% Dow Jones estimate. The numbers are not adjusted for inflation, so the 7.5% rise in the consumer price index for
In this article PLTR Palantir Technologies CEO Alex Karp arrives at the “Tech for Good” Summit in Paris, France May 15, 2019. Charles Platiau | Reuters Shares of Palantir fell more than 13% on Thursday morning after the company reported mixed earnings results for the fourth quarter. Here are the key numbers: Earnings per share
NATO Secretary-General Jens Stoltenberg said on Thursday that the defensive alliance is concerned that Russia is trying to stage a pretext for an invasion of Ukraine, according to Reuters. Stoltenberg continued that NATO has intelligence that Russia is trying to stage a false-flag operation and reiterated that NATO nations remain concerned that they have not
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After the earlier headlines involving Russia and Ukraine, expect the session ahead to be another day filled with anticipation on what happens next between the two nations. Tensions remain high and markets are keeping more defensive for the time being. We’ll see how things go but the mood is rather apprehensive right now and it
Crude oil falls below its 100/200 hour movinng averages The price of crude oil has tumbled lower over the last few hours, and in the process has pushed back below its 100 hour moving average at $92.59 and 200 hour moving average and $91.60. The low price reached $90.94. Yesterday the low price reached $90.65
NEW DELHI: Gold prices were largely unchanged on Thursday as investors focused on higher inflation while conflicting statements over Russia-Ukraine tension also kept risk premium up. Fed officials last month agreed that with inflation tightening its grip on the economy and employment strong, it was time to raise interest rates. Gold futures on MCX were
Australian Dollar rises mildly in Asian session, together with New Zealand Dollar. But both were hammed down after a Russian media reported that Ukraine forces opened fire on four settlements of the LPR. Overall market sentiment remains rather fragile and ultra-sentiment. Dollar and Yen are both picking up some buying while European majors are mixed.
A worker makes repairs to a home under construction at the Lennar Bridgeway home development on December 15, 2021 in Newark, California. Justin Sullivan | Getty Images Supply chain issues for homebuilders appear to be getting worse, and that is weighing on confidence in the industry. Builder confidence in the single-family, newly built housing market
Nvidia co-founder and CEO Jensen Huang attends an event during the annual Computex computer exhibition in Taipei. Tyrone Siu | Reuters Nvidia reported fourth-quarter earnings and sales on Wednesday that beat analyst expectations and provided a strong outlook for the current quarter. The stock fell over 1% in extended trading. Here’s how the chipmaker did
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