Retail sales missed expectations across the board, signaling a weak start to the year. Headline retail sales fell -0.9% (vs. -0.1% expected), while the control group declined -0.8% (vs. +0.3% expected). Although there were minor upward revisions to the prior month, the overall data was disappointing. Factors such as California wildfires, adverse weather, tariffs, and
admin
UPCOMING EVENTS: Monday: Japan GDP. Tuesday: RBA Policy Decision, UK Employment report, German ZEW, Canada CPI, US NAHB Housing Market Index, New Zealand PPI. Wednesday: Australia Wage Price Index, RBNZ Policy Decision, UK CPI, US Housing Starts and Building Permits, FOMC Minutes. Thursday: Australia Employment report, PBoC LPR, Canada PPI, US Jobless Claims. Friday: Australia/Japan/Eurozone/UK/US
Gold prices edged up on Thursday, as markets tracked developments in U.S. President Donald Trump’s tariff plans, which could ignite a global trade war, while investors awaited U.S. inflation data due later in the day. FUNDAMENTALS * Spot gold rose 0.1% to $2,905.12 per ounce as of 0024 GMT, after prices dropped more than 1%
A Hermes Birkin bag in a window display at a KaDeWe department store in Berlin, Germany, on Friday, Jan. 3, 2025. Bloomberg | Bloomberg | Getty Images Haute couture fashion house Hermes on Friday reported a better-than-expected jump in fourth-quarter sales, proving still strong demand for the most exclusive products in an otherwise turbulent luxury
Gold set to end the week up 0.80% despite Friday’s drop. US Retail Sales plunge, fueling US Dollar weakness and lower Treasury yields. Investors price in over one Fed rate cut, boosting bullion’s longer-term appeal. Gold price has fallen below $2,900 on Friday, yet it will end the week with solid gains of over 0.80%
Inflation perked up more than anticipated in January, providing further incentive for the Federal Reserve to hold the line on interest rates. The consumer price index, a broad measure of costs in goods and services across the U.S. economy, accelerated a seasonally adjusted 0.5% for the month, putting the annual inflation rate at 3%, the
The US dollar is continuing its run to the downside. Th slide in yields continue to support the dollar selling. The 10 year yield is now down -5.1 basis points at 4.474%. The USD is the weakest vs the NZD with the greenback falling -0.86%. The dollar is moving down -0.74% vs the AUD as
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
Gold prices held steady on Friday, and were poised for a seventh consecutive weekly gain, as U.S. President Donald Trump’s plans to impose reciprocal tariffs on every country taxing U.S. imports fuelled concerns of a global trade war. FUNDAMENTALS * Spot gold held its ground at $2,929.02 per ounce, as of 0040 GMT, moving closer
In this article MRNA Follow your favorite stocksCREATE FREE ACCOUNT The Moderna Inc. headquarters in Cambridge, Massachusetts, on March 26, 2024. Adam Glanzman | Bloomberg | Getty Images Moderna on Friday posted fourth-quarter revenue that beat estimates, but lost more than expected for the period, as the biotech company continues to slash costs and demand
Procter & Gamble stock sinks 4.75% on Friday. Dow Jones sheds 0.37% despite NASDAQ gains. BNP Paribas analyst cites volatility in US consumer staples category. US Retail Sales for January hit -0.9%, surpising market. Procter & Gamble (PG) stock was the worst performer in the Dow Jones Industrial Average (DJIA) on Friday. Normally a less
Dollar closed the week broadly lower, with the only exception being its slight gains against the even weaker Yen. Risk-on sentiment dominated global markets, fueling strong rallies in equities across the US, Europe, and Hong Kong, which in turn kept the greenback under pressure. The greenback had previously enjoyed a tariff-driven boost earlier in the
Elon Musk listens to U.S. President Donald Trump speak in the Oval Office of the White House in Washington, D.C., U.S., Feb. 11, 2025. Kevin Lamarque | Reuters President Donald Trump’s moves to fire thousands of federal government workers have coincided with a surge in jobless claims in Washington, D.C., that could get worse as
USDCAD technicals The USDCAD broke lower this week after two failed upside breakouts in the previous weeks, which briefly pushed the pair beyond the “Red Box” range between 1.4260 and 1.4466 on tariff-related news. Unlike those sharp but unsustained rallies, this week’s move lower has been more measured, with a steady decline following the break
Major US stock indices are closing mixed to end the trading week. The Dow industrial average closed lower. The S&P closed unchanged while the NASDAQ index closed higher. The final numbers are showing: Dow industrial average fell -165.35 points or -0.37% at 44546.08 S&P index felt -0.44 points or -0.01% at 6114.63. That was around
On February 15, spot gold was highly volatile and choppy amid weak US data and traders reassessing the impacts of the US President Trump’s tariff policies. The yellow metal came close to it’s all-time high level of $2943; however, it slumped as traders opted to book profits. The yellow metal traded between $2854 (February 10)
In this article ROKU Follow your favorite stocksCREATE FREE ACCOUNT Shares of Roku surged 14% Friday, notching a new 52-week high, on earnings that beat Wall Street expectations. In an interview on CNBC’s “Squawk Box,” CEO Anthony Wood said more than half of U.S. broadband households now watch TV with Roku. Wood said the company
The Dow Jones index remained stuck below 44,750 on Friday. Retail Sales missed forecasts, prompting investor caution. The Dow is still poised to end the week in the green, but headwinds are building. The Dow Jones Industrial Average (DJIA) cooled on Friday, shedding around 160 points and waffling into the 44,600 region after US Retail Sales
- « Previous Page
- 1
- …
- 8
- 9
- 10
- 11
- 12
- …
- 1313
- Next Page »