Linde on Friday reported another impressive quarter, as the industrial gas supplier continues to demonstrate its reliability and value in a diversified stock portfolio. Revenue in the second quarter totaled $8.27 billion, a bit shy of the $8.32 expected by analysts, according to estimates compiled by LSEG. On annual basis, overall revenue was up 0.8%.
admin
Soft stocks are helping keep the Canadian Dollar (CAD) tone defensive but whether weaker equity markets are enough of a justification for driving the CAD significantly lower at the moment remains to be seen, Scotiabank’s FX strategist Shaun Osborne notes. Heightened CAD volatility is possible “Thinner liquidity Monday, when local markets are closed, might open
The USD is lower. Yields are lower with the 2-year down -28 basis points. The 10 year yield is down -18 basis points. Stocks are moving lower from already depressed levels after the weaker US jobs report. S&P index is down -101 points. Dow Industrial Average was -575 points. NASDAQ index -476 point. The market
Prior was +206 (revised to +179K) Details of the July 2024 jobs report: Two-month net revision -29K vs -111K prior Unemployment rate 4.3% vs 4.1% expected (unrounded 4.252%) Prior unemployment rate 4.1% Participation rate 62.7% vs 62.6% prior U6 underemployment rate 7.8% vs 7.4% prior Average hourly earnings +0.2% m/m vs +0.3% expected Prior avg
Amid increased geo-political tensions, gold October futures contracts at MCX opened at Rs 70,305 per 10 gram on Friday, which is up by 0.50% or Rs 351 while silver September futures contracts were trading at Rs 83,684/kg, up by 1.32% or Rs 1,090. Gold prices rose by a little over 1% in Thursday’s session by
Safe haven currencies are dominating the market as the steep selloff in the US extended into Asian trading, with Nikkei down more than -5%. Poor US manufacturing data released overnight has intensified investor concerns about an impending recession, overshadowing the benefits of monetary policy easing from Fed. The market’s attention is now firmly on today’s
Federal Reserve Chairman Jerome Powell arrives to speak at a news conference following a Federal Open Market Committee meeting at the William McChesney Martin Jr. Federal Reserve Board Building on July 31, 2024 in Washington, DC. Andrew Harnik | Getty Images If the Federal Reserve is starting to set the table for interest rate reductions,
In this article 7974.T-JP Follow your favorite stocksCREATE FREE ACCOUNT Nintendo has kept players interested in its ageing Switch console series through key games with characters such as Super Mario and Zelda. Charly Triballeau | AFP | Getty Images Nintendo on Friday reported revenue and profit that plunged in the company’s fiscal first quarter, as
Learn the most profitable skill and start making anywhere from $,4,000 to $6,000 per month: https://swingtradinglab.com/yt/ FREE TELEGRAM : https://swingtradinglab.com/yt-tg MY only instagram VERIFIED are @ fxalexg and @ swingtradinglab In this video, I will show you a Top-Down trading strategy, explained clearly and in detail. You will learn how to analyze the market from
The Australian Dollar appreciates after the release of higher Producer Price Index figures. Australia’s PPI rose by 4.8% YoY in Q2, against the previous quarter’s reading of 4.3%. The US Dollar received support due to increased risk aversion amid raised concerns about the US economy. The Australian Dollar (AUD) recovers its daily losses against the
The old adage is that if the US catches a cold, Canada gets the flu. The market is certainly sending warning signals about the US economy as yields plunge but USD/CAD hasn’t made a decisive move yet. But that moment might not be far off as the pair threatens a trio of highs from the
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
Domestic gold prices jumped by over Rs 830 per 10 gram or 1.2% in evening trade, taking cues from the surge in the international markets. The gains were on account of dollar weakness and a positive commentary from the US Federal Reserve on Wednesday hinting at the likelihood of interest rate cut in September. At
Sterling suffered an initial sell-off in European trading and remained weak following BoE’s decision to cut the Bank Rate by 25 basis points to 5.00%. However, it stabilized during Governor Andrew Bailey’s press conference. The tight 5-4 vote to cut the rate underscored that monetary policy easing is not on auto-pilot for BoE. Bailey highlighted
People line up as they wait for the JobNewsUSA.com South Florida Job Fair to open at the Amerant Bank Arena on June 26, 2024, in Sunrise, Florida. Joe Raedle | Getty Images The U.S. labor market may have cooled some in July, as a gradual slowdown in the economy and Hurricane Beryl are expected to
In this article SQ Follow your favorite stocksCREATE FREE ACCOUNT Dado Ruvic | Reuters Block beat on profit in its second-quarter earnings report on Thursday. The stock rose in extended trading. Here is how the company did, compared to analysts’ consensus estimates from LSEG. Earnings per share: 93 cents adjusted vs. 84 cents expected Revenue:
Energy markets are not pricing in a significant rise in supply risk premia, TDS commodity strategist Daniel Ghali notes. A marginal rise in energy supply risk premia “Our analysis of the cross-section of commodities returns reveals that the rally in crude oil prices is largely consistent with that of the complex, uncovering only a marginal rise
Fundamental Overview The Nasdaq has been on a steady decline since the last US CPI report on July 11th. In the first stages of the pullback, we’ve been seeing a rotation from big cap stocks into small cap stocks as the Russell 2000 displayed an opposite price action. Eventually, the bearish momentum picked up and