In this article NFLX Follow your favorite stocksCREATE FREE ACCOUNT The Netflix logo is shown on one of the streaming giant’s Hollywood buildings in Los Angeles on July 12, 2023. Mike Blake | Reuters LOS ANGELES — Netflix is due to report fourth-quarter earnings after the closing bell Tuesday. The company’s performance has been an
Share: The Japanese Yen benefits from the BoJ’s hawkish tilt on Tuesday, though lacks follow-through. Geopolitical tensions and the uncertain global economic outlook underpin the safe-haven JPY. Reduced bets for an early rate cut by the Fed lend support to the USD and the USD/JPY pair. The Japanese Yen (JPY) ticks higher following the previous
USD The Fed left interest rates unchanged as expected at the last meeting with a shift in the statement that indicated the end of the tightening cycle. The latest US CPI slightly beat expectations but analysts expect the Core PCE to print at 0.2% M/M again following the CPI data. The labour market continues to
US Treasury 10-year yields (%) daily chart This is in part what is helping to keep the dollar from breaking down further earlier today. The greenback is now trading more mixed but keeping largely steadier against the European currencies. EUR/USD was up to 1.0915 earlier but now down to 1.0870 while USD/CHF is up to
Gold traded in a tight range on Tuesday ahead of interest rate decisions from several central banks and a slew of economic data in the United States due for a release. Taking cues from the international market, MCX February gold futures were trading at Rs 61,915 per 10 grams, up Rs 47 or 0.08%. Meanwhile,
Yen weakened momentarily after BoJ left monetary policy unchanged as widely expected, but swiftly regained stability. This quick recovery underscores the market’s assessment that the conditions for a BoJ rate hike in April remain intact. This viewpoint is bolstered by unchanged CPI core-core forecast, which holds steady at 1.9% for the upcoming two fiscal years.
In this article PG Follow your favorite stocksCREATE FREE ACCOUNT A Procter & Gamble (P&G) logo is seen during the 6th China International Import Expo (CIIE) at the National Exhibition and Convention Center (Shanghai) on November 7, 2023 in Shanghai, China. VCG | Getty Images Procter & Gamble on Tuesday reported mixed quarterly earnings and revenue
Share: GBP/USD trades softer in range. Economists at Scotiabank analyze the pair’s outlook. Price signals are bearish Spot losses on the session so far look relatively mild and the GBP remains well within recent trading ranges. But price signals are bearish. Intraday trading has developed a bearish ‘evening star’ pattern over the past 24 hours
The price of WTI crude futures are settling at $75.19. That is up $1.78 or 2.42%. The high price reached $75.46. The low-price extended to $72.56. Domestically in the US, North Dakota oil output is estimated to decrease by 250,000 – 300,000 barrels per day due to cold weather conditions. The high-price today traded above
NAB business survey is conducted monthly December business confidence -1, pick ups in mining and retail -8 in November Business conditions index 7, says NAB: “Conditions eased in December and are now firmly around their long-run average level”. Points from the survey: measures of labour and production costs fell back after they rose in the
Oil prices fell for a second day on Monday as economic headwinds pressured the global oil demand outlook and outweighed geopolitical concerns in the Middle East and an attack on a Russian fuel export terminal over the weekend. Brent crude fell 41 cents, or 0.5%, to $78.15 a barrel by 0105 GMT after settling down
Yen trades mildly firmer in tight range today, as markets are now keenly awaiting BoJ rate decision in the upcoming Asian session. No change in monetary policy is expected as BoJ should stick to negative interest rate for now. There is also no need to tweak the parameters of Yield Curve Control, with the yield
BEIJNG, CHINA – NOVEMBER 13: Illuminated skyscrapers stand at the central business district at sunset on November 13, 2023 in Beijing, China. (Photo by Gao Zehong/VCG via Getty Images) Vcg | Visual China Group | Getty Images Deflation may soon start biting into Chinese growth, as Beijing looks at another three to six months of
Share: NZD/USD trades with mild gains around 0.6077 on Tuesday. FOMC members emphasized that early rate cuts are probably not appropriate. New Zealand’s Business NZ PSI fell back into contraction in December after reaching a six-month high in November. The NZD/USD pair posts modest gains above the mid-0.6000s during the early Asian trading hours on
The NBS says that any officials caught committing data fraud “will be found, investigated and dealt with, and will not be tolerated”. Adding that “statistical fraud is the biggest corruption in the field of statistics, which seriously violates the law and affects the quality of the data, obstructing and even misleading macro decision-making”. For me,
Gold prices steadied on Monday as traders braced for fresh data on U.S. economic growth and the Federal Reserve‘s preferred inflation gauge due later this week, ahead of the central bank’s interest rate verdict next week. FUNDAMENTALS * Spot gold edged 0.1% higher to $2,030.87 per ounce by 0116 GMT. * U.S. gold futures rose
Asian markets highlights sharp divergence in trends today. Nikkei surged to new 34-year high, buoyed by last week’s record closes in US and bolstered by expectations that BoJ will maintain its negative interest rate policy in the this week’s meeting. Japanese stock market is also riding on the optimism that BoJ is not in a
Jim Dyson | Getty Images News | Getty Images The global economy does not need a “collapse” in order to bring inflation back to target and return to sustainable growth, according to Steven Wieting, chief investment strategist and chief economist at Citi Global Wealth. Major economies have proven surprisingly resilient to sharp interest rate increases