European Economics News Preview: UK Inflation Data Due Consumer and producer prices from the UK and industrial production from the euro area are the top economic news due on Wednesday. At 2.00 am ET, the Office for National Statistics publishes UK consumer and factory gate prices for November. Annual inflation is seen easing to 10.9 […]
Stocks soar as investors welcome signs of cooling inflation. The slowdown in price gains in November provided Wall Street with a strong indication that the Federal Reserve could slow down interest rate increases. Send any friend a story As a subscriber, you have 10 gift articles to give each month. Anyone can read what you […]
European Economics Preview: Eurozone Retail Sales, Final PMI Due Retail sales and final Purchasing Managers’ survey results from the euro area are the top economic data due on Monday, headlining a busy day for the European economic news. At 3.00 am ET, retail sales from Hungary and real wages from the Czech Republic are due. […]
5 New Recipes to Get Excited About A look at my to-cook list right now. Send any friend a story As a subscriber, you have 10 gift articles to give each month. Anyone can read what you share. By Tejal Rao European Economics Preview: Germany Foreign Trade Data Due Foreign trade from Germany and industrial […]
European Economic News Preview: ECB Lagarde’s Speech On Highlight European Central Bank President Christine Lagarde is set to speak at two different events on Thursday. No other major economic data is due, headlining a quiet day for the European economic news. At 1.30 am ET, France’s statistical office publishes revised non-farm payroll employment data for […]
Gold Edges Lower As Dollar Rebounds Ahead Of Central Bank Meetings Gold prices ticked lower on Thursday after climbing more than 1 percent in the previous session, helped by a pullback in the greenback and bond yields. Spot gold eased 0.2 percent to $1,782.16 per ounce, while U.S. gold futures were down 0.2 percent at […]
V.F. Corp. Slips On CEO’s Surprise Exit, Reduced FY23 Outlook V.F. Corp. (VFC) shares are sliding more than 7 percent on Monday morning trade after the branded lifestyle apparel maker announced lower than previously outlined, earnings and revenue growth for its full year 2023. Further, the company announced the unexpected retirement of its CEO Steve […]
Gold Steadies Near Five-month High Gold prices held steady on Monday after hitting a five-month high on the back of a weakening dollar. Spot gold was marginally lower at $1,796.82 per ounce, while U.S. gold futures were little changed with a positive bias at $1,810.25. The dollar index held close to a more than five-month […]
South Pacific Resources Gains 18% South Pacific Resources Ltd (SPB) shares are gaining more than 186 percent on Friday morning. There have been no corporate announcements today to influence the stock movement. The shares were on a growth path mostly since October end. Currently, shares are at $62.54, up 18.76 percent from the previous close […]
Elastic Stock Tanks 12% After Reporting Quarterly Results Shares of California-based big-data analysis company Elastic N.V. (ESTC) are slipping over 12% on Thursday morning after reporting second-quarter results. ESTC is currently trading at $53.33, down $7.86 or 12.85%, on the Nasdaq. The stock opened its trading at $58.31 after closing Wednesday’s trading at $61.19. The […]