The WSJ’s Summer Said reports that Hamas fighters trained in Iran before the Oct 7 attacks. The story says roughly 500 Palestinians got specialized training in Iran as recently as September. Note that this is the same journalist who reported the day after the attacks that Iran helped to plot the attack. This report cites
Month: October 2023
Gold price jumped Rs 50 to Rs 61,700 per 10 grams in the national capital on Wednesday, according to HDFC Securities. In the previous trade, the precious metal had finished at Rs 61,650 per 10 grams. “Gold traded firm on Wednesday, up by Rs 50 against its previous close. “Meanwhile, in the domestic market the
Canadian Dollar encountered heavy headwinds after BoC made the anticipated decision to keep interest rates steady. The bank’s hawkish tone persisted, highlighting concerns over the sluggish pace of disinflation. However, the central bank also acknowledged emerging signs indicating that past rate hikes might be curbing economic activity. Earlier in the day, Australian Dollar experienced a
MARRAKESH, MOROCCO – OCTOBER 13: Ajay Banga, President of the World Bank Group, speaks during the International Monetary Fund (IMF) meeting in Marrakesh, Morocco on October 13, 2023. (Photo by Abu Adem Muhammed/Anadolu via Getty Images) Anadolu Agency | Anadolu Agency | Getty Images The president of the World Bank on Tuesday said that it
In this article META Follow your favorite stocksCREATE FREE ACCOUNT Mark Zuckerberg, CEO of Meta, attends a U.S. Senate bipartisan Artificial Intelligence Insight Forum at the U.S. Capitol in Washington, D.C., Sept. 13, 2023. Stefani Reynolds | AFP | Getty Images Meta is set to report third-quarter earnings after the bell Wednesday. Here are the
Share: NZD/USD prints a daily high of 0.5869 before dropping to 0.5825, losing 0.30% amidst strong USD. US Dollar Index (DXY) gains 0.11%, reaching 106.35, boosted by the Middle East conflict and strong US economic data. New Home Sales in the US rose 12.3% MoM in September, contributing to the Greenback’s strength. NZD/USD extended its
EURJPY extends to highest level since 2008 The EURJPY extended above the high price from August 30 at 159.756 and in the process reached a new high at 159.908 going back to August 2008. That’s a 15-year high for the pair. The problem is, the high could only reach 14 pips above the August 2023
In case you missed the headlines from earlier, you can check out Eamonn’s recap here: RBA rate hike incoming on November 7 – will they hike again in December? The OIS market is now pricing in roughly 63% odds of a 25 bps move next month, following the stronger-than-expected inflation numbers earlier today. That also
Gold fell on Wednesday as investors continued to book profit after a strong rally over the past two weeks aided by the Israel-Hamas conflict. This was despites some softening in the US bond yields and slippage in the dollar index (DXY). MCX December gold futures traded in the red on Wednesday at Rs 60,476 per
Asian markets commenced the week in a muted tone, with trading activity dampened due to public holidays in New Zealand and Hong Kong. The tepid trading ambiance is expected to persist through the day, given the sparse economic calendar. However, market participants are bracing for a resurgence in volatility, as a flurry of Purchasing Managers’
In this article MSFT Follow your favorite stocksCREATE FREE ACCOUNT Satya Nadella, chief executive officer of Microsoft Corp., arrives to federal court in Washington on Oct. 2, 2023. Nathan Howard | Bloomberg | Getty Images Microsoft will disclose its fiscal first-quarter results after U.S. market close on Tuesday. Here’s what analysts are looking for: Earnings:
Share: Gold price attracts buyers on Wednesday and recovers further from the weekly low. Softer US bond yields keep the USD bulls on the defensive and lend some support. Recession fears and geopolitical risks further seem to benefit the safe-haven metal. Gold price (XAU/USD) builds on the overnight bounce from the $1,954-1,953 region and gains
Lawyers representing Binance and CEO Changpeng “CZ” Zhao have filed statements in support of a motion to dismiss a lawsuit filed by the United States Commodity Futures Trading Commission (CFTC) in March. In an Oct. 23 filing in U.S. District Court for the Northern District of Illinois, CZ’s and Binance’s attorneys made several legal claims
Alphabet, the parent company of Google, is set to release its third-quarter earnings. Analysts expect Earnings of $1.45 per share Revenue of $75.97 billion. The revenue estimates mark a return to double-digit revenue growth after four quarters of single-digit expansion. Google’s core advertising had weakened due to economic softening and increased competition from TikTok. During
Bitcoin has fallen $1000 in the past few minutes, wiping out a portion of today’s huge gains. The reason appears to be that the ticker IBTC appears to have disappeared from a list of ETFs on the DTCC website. When Blackrock’s bitcoin spot ETF first appeared on the site yesterday, it was seen as a
Gold prices rebounded on Tuesday as benchmark U.S. Treasury yields pulled back, while investors awaited economic data for guidance on interest rates and monitored growing tensions in the Middle East. Spot gold was up 0.2% at $1,976.99 per ounce by 0349 GMT, while U.S. gold futures was steady at $1,988.10. Benchmark 10-year U.S. Treasury yield
Euro’s forward drive this week faced a halt as subpar PMI readings painted a concerning picture for the Eurozone economy. The data fuels concerns that the Eurozone economy might be heading into deeper waters. At the same time, British Pound is weighed down by slowing wages growth and weak PMIs too. Swiss Franc is also
In this article JPM Follow your favorite stocksCREATE FREE ACCOUNT Jamie Dimon, CEO of JPMorgan Chase speaking with CNBC’s Leslie Picker in Bozeman, MT on Aug. 2nd, 2023. CNBC JPMorgan Chase CEO Jamie Dimon on Tuesday warned about the dangers of locking in an outlook about the economy, particularly considering the poor recent track record
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