Category Finance
Finance News
Analyst Report: Freeport-McMoRan Inc
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Read MoreFoxconn Posts Strong Profit But Lowers Guidance Amid Tariff Risks
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Read MoreTencent says resilient to US chip curbs after revenues rise
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Read MoreBill Ackman Steps Down From Universal Music Board
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Read MoreHolcim shareholders approve spinoff, grumble over chairman’s pay
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Read MoreFortress sets up Abu Dhabi office, appoints regional head in push for Gulf growth
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Read MoreFed’s Barr says economy is on a solid footing, trade clouds the outlook
Trade shock could be particularly hard on small businesses and trigger price increases if supply chains are affected or firms fail There isn’t much of a nod here but after today’s PPI data, the market is back to fully pricing in 25 bps in September. This article was…
Read MoreGBPUSD remains range bound but with a bullish tilt
The GBPUSD remains confined to a 68-pip trading range today, narrower than the 22-day average range of 102 pips (about a month of trading). Price action has been choppy, but the 100-hour moving average (currently at 1.32614) has consistently provided support during intraday dips. This level also aligns…
Read MoreCrude oil settles at $61.62
The price of crude oil move down $1.53 or 2.42% settling at $61.62. Contributing to the downward bias includes: Potential U.S.–Iran nuclear deal: May lead to lifting of sanctions on Iranian oil exports, increasing global supply. OPEC+ production increases: Scheduled to add 411,000 bpd as part of the…
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