In this article FB Facebook Chairman and CEO Mark Zuckerberg. Erin Scott | Reuters Facebook is set to release its third-quarter earnings after the bell Monday, as the company reckons with an onslaught of troubling news coverage from a trove of internal documents released by a whistleblower. Here’s what analysts are expecting: Earnings: $3.19 per share
Euro drops broadly today after slightly weaker than expected German sentiment. Bundesbank also warned of significantly lower growth in Germany in Q4. Swiss France is following as second weakest. Yen is also soft following rally in major global treasury yields. On the other hand, Aussie is currently the strongest for today, followed by Dollar. Technically,
USD strength and oil giving back gains are factors Watching the oil market in the past week weeks, there’s been a clear pattern of selling early in US trading only for the buyers to return late in the day. That pattern fits with specs selling at the most-liquid time and refiners buying dips but you
NZD/USD struggles to gather bullish momentum on Monday. US Dollar Index edges higher toward 94.00 following a weak start to the week. Eyes on mid-tier macroeconomic data releases from the US. After closing the second straight week in the positive territory, the NZD/USD pair edged higher during the Asian session on Monday but lost its
Forex news from the European trading session – 25 October 2021 Headlines: Markets: AUD leads, EUR and CHF lag on the day European equities mostly a little higher; S&P 500 futures up 0.1% US 10-year yields flat at 1.654% Gold up 0.5% to $1,800.30 WTI up 1.1% to $84.70 Bitcoin up 3.4% to $62,781 It
Ethereum’s native token, Ether (ETH), has been declining against its top crypto rival, Bitcoin (BTC), since Sept. 3. Ether dropped in value against Bitcoin by almost 25% after topping out in September at 0.07955 BTC. As the top altcoin declined, it left behind a trail of lower highs and lower lows, thus forming an ascending
NEW DELHI: The seventh tranche of Sovereign Gold Bond Scheme 2021-22 opened for subscription today. The Ministry of Finance has fixed the issue price for the scheme at Rs 4,765 per gram. The Sovereign Gold Bond Scheme 2021-22 – Series VII will remain open for subscription for next five days as it can be subscribed
A sign is posted in front of a home for sale on September 28, 2021 in San Anselmo, California. Justin Sullivan | Getty Images Climbing mortgage interest rates caused another drop in mortgage demand for both refinances and home purchases. Total application volume fell 6.3% last week compared with the previous week, according to the
In this article QSR-CA A Burger King restaurant seen in Milton, Pennsylvania. Paul Weaver | SOPA Images | LightRocket | Getty Images Restaurant Brands International on Monday reported quarterly earnings that topped Wall Street’s expectations, but its revenue fell short as labor challenges weighed on sales. Shares of the company rose less than 1% in premarket trading.
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As further QE tapering to CAD 1B/week has been fully priced in, the focus of this week’s BOC meeting is the forward guidance on rate hike. The market has priced in 3 rate hikes in 2022. We expect the central bank to maintain the guidance that a rate hike would come when “economic slack is
European indices close mixed for the week The European major indices are closing mostly higher with the Spanish Ibex the exception. The provisional closes are showing: German DAX, +0.5% France’s CAC, +0.8% UK’s FTSE 100, +0.34% Spain’s Ibex, -0.4% Italy’s FTSE MIB +0.2% For the week, the indices were mixed with the UK’s FTSE, German
WTI picks up bids towards the fresh high since October 2014, flashed the previous day. Market sentiment dwindles amid mixed headlines concerning China, Evergrande. US dollar weakness keeps oil buyers hopeful, second-tier data eyed. WTI remains firmer around $83.85, up 0.15% intraday during Monday’s Asian session. The energy benchmark refreshed the seven-year high the previous
US Treasury Secretary Yellen spoke with CNN on Sunday, giving her opinion on US CPI. Asked when she expects inflation … to get back to the 2% range considered acceptable, Yellen told CNN’s Jake Tapper that it would be the middle to second half of 2022. “Well, I expect that to happen next year. Monthly
MELBOURNE: prices resumed their climb on Friday on continued tightness in U.S. supply, but were headed for a flat finish on the week as coal and gas prices eased, curbing fuel-switching which had stoked demand for oil products for power. U.S. West Texas Intermediate (WTI) crude futures rose 20 cents, or 0.2%, to $82.70 a
Weekly jobless claims hit another pandemic-era low last week as the elimination of enhanced benefits sent fewer people to the unemployment line. First-time filings for unemployment insurance totaled 290,000 for the week ended Oct. 16, down 6,000 from the previous period, the Labor Department reported Thursday. This was the second week in a row that