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Dow Jones Futures Rise As Micron Jumps On Earnings, Lifting Sandisk, AI Stocks; Fed Inflation Data Due
Micron surged overnight on strong earnings and guidance, lifting other memory and chip plays. The Fe...
US Equity Markets Mixed as Crude Oil Prices, Government Bond Yields Fall
US equity indexes were mixed on Wednesday amid a decline in crude oil prices and government bond yie...
US banks would lose $700bn in economic crash, Fed stress tests find
Country’s 32 biggest lenders all receive passing grades...
Pound Sterling Price News and Forecast: GBP outperforms its peers amid risk-on mood
The Pound Sterling (GBP) trades higher against its major currency peers, is up 0.43% around 1.3610 against the US Dollar (USD), during the European trading session on Friday.
GBP/USD advances as US Dollar slips despite strong NFP, resilient Pound
GBP/USD advances around 1.3630 on Friday at the time of writing, up 0.54% on the day, benefiting from broad US Dollar weakness following the release of the US employment report.
US UoM Consumer Sentiment Index is seen at 48.2 in May
American consumer confidence is expected to have deflated in early May, as households have been growing more pessimistic about current conditions and the broader economic outlook, according to prelimi ...
Rocket Lab Stock Soars After Earnings Beat. The Space Race Is On.
Rocket Lab stock continued its journey to the moon after strong results and a bevy of impressive business announcements. A year ago, Rocket Lab reported a gross profit of $35.2 million from sales of ...
Chris Hohn’s hedge fund slashes $8bn Microsoft stake in warning over AI disruption
TCI has cut its position in tech giant from 10% to 1%
EUR/USD strengthens as mixed US labor data and hopes for a US-Iran deal pressure the Greenback.
The Euro (EUR) strengthens against the US Dollar (USD) on Friday as the Greenback remains under pressure following mixed US labor market data. At the time of writing, EUR/USD is trading around 1.1777, ...
United States UoM 1-year Consumer Inflation Expectations down to 4.5% in May from previous 4.7%
United States UoM 1-year Consumer Inflation Expectations down to 4.5% in May from previous 4.7%
United States UoM 5-year Consumer Inflation Expectation declined to 3.4% in May from previous 3.5%
United States UoM 5-year Consumer Inflation Expectation declined to 3.4% in May from previous 3.5%
United States Michigan Consumer Expectations Index climbed from previous 48.1 to 48.5 in May
United States Michigan Consumer Expectations Index climbed from previous 48.1 to 48.5 in May
United States Michigan Consumer Sentiment Index below forecasts (49.5) in May: Actual (48.2)
United States Michigan Consumer Sentiment Index below forecasts (49.5) in May: Actual (48.2)
United States Wholesale Inventories came in at 1.3%, below expectations (1.4%) in March
United States Wholesale Inventories came in at 1.3%, below expectations (1.4%) in March
Iran Seizes Sanctioned Oil Tanker in Gulf of Oman
The semi-official Tasnim news agency reported that Iran has seized an oil tanker, accusing it of "attempting to disrupt oil exports and the interests of the Iranian nation." Tasnim did not elaborate o ...