German DAX futures +0.6% UK FTSE futures +0.6% Spanish IBEX futures +0.7% This mirrors the optimism seen in US futures, with S&P 500 futures up 0.6% at the moment. Nasdaq futures are up 0.7% and Dow futures up 0.5% as risk sentiment is looking rather positive in the transition to Europe. Chinese stocks have rallied
Month: November 2022
Credit Suisse shares plunged 18% on Thursday after the Swiss bank posted a quarterly loss that was significantly worse than analyst estimates, and announced a massive strategic overhaul. The embattled lender posted a third-quarter net loss of 4.034 billion Swiss francs ($4.09 billion), compared to analyst expectations for a loss of 567.93 million Swiss francs.
New Delhi: Gold prices were trading flat on Tuesday after touching their lowest levels in more than one week. The dollar held firm ahead of the US Federal Reserve’s policy meeting, where another rate hike is expected. US central bankers are expected to continue their inflation fight, even as a debate over when to downshift
Australian Dollar trades higher today, following recovery in Asian stock markets. RBA hikes by 25 bps as widely expected and indicates more tightening to come ahead. There is little reaction as the message is well digested by the markets already. Nevertheless, Aussie is slightly outperformed by New Zealand Dollar for the moment. On the other
GBP/USD is eying more upside above 1.1517 as the market mood has turned cheerful. The DXY has refreshed the day’s low at 111.28 despite soaring hawkish Fed bets. A collective effort of tight monetary policy and fiscal will weigh on price growth in the UK. The GBP/USD pair is aiming to extend its recovery above
The month of October has broken all records for crypto exploits and the amount of digital loot pilfered — living up to its new moniker of “Hacktober” — according to the latest figures. On Oct. 31, blockchain security firm PeckShield tweeted some scary statistics for the month, reporting a total of $2.98 billion in stolen