Miroslav Marinoff | Trading Pedia

Canada’s new home prices with no change in March

April 22, 2024 1:41 pm

Prices of new homes in Canada have remained unchanged in March over February, after rising 0.1% in the previous month, the latest data by Statistics Canada showed. In comparison, market consensus had pointed to a 0.1% monthly increase. Home prices remained flat in 12 out of the 27 census metropolitan areas surveyed, increased in 9 […] Read more

Newmont appoints new Chief Technology Officer

April 22, 2024 9:33 am

Newmont Corporation (NYSE: NEM) said that it had appointed Francois Hardy as its next Chief Technology Officer, effective May 1st. Hardy will take over from interim CTO, Dean Gehring, who also assumed a dual role of Chief Integration Officer. Hardy has over three decades of technical and operational experience in mining. He joined Newmont in […] Read more

Spot Silver retreats on easing Middle East fears

April 22, 2024 7:35 am

Spot Silver retreated more than 3% on Monday, as fears of a wider conflict in the Middle East eased, while trimming demand for safe haven assets. Iran has downplayed Israel’s retaliatory drone strike against the Islamic state – a move meant to avert conflict escalation in the region. The yield on 10-year US Treasury Notes […] Read more

Germany’s producer prices drop the least since July 2023

April 21, 2024 3:06 pm

Producer prices in Germany registered the smallest year-on-year drop since July 2023 in March, the latest data by the Federal Statistical Office showed. Prices went down 2.9% year-on-year in March, after a 4.1% slump in the prior month. March has been the ninth straight month of producer deflation, as prices of natural gas plummeted 15.4% […] Read more

Philadelphia factory activity strongest since April 2022

April 21, 2024 11:15 am

Manufacturing activity in Philadelphia in April has been the strongest since April 2022, the latest data showed. The Philadelphia Fed Manufacturing Index was reported at a reading of 15.5 in April, up from 3.2 in March. The latest figure was well above a consensus of analyst estimates of 1.5. The April reading has been the […] Read more

Spain posts smallest trade deficit since March 2023

April 20, 2024 12:35 pm

Spain’s trade gap in February has been the smallest since March 2023, the latest data showed. The nation’s trade balance shortfall was reported at EUR 2.4 billion in February, compared to a deficit of EUR 2.5 billion in the same month of 2023. The country records consistent trade deficits because of high imports of fuel […] Read more

UK retail sales unexpectedly stall in March

April 19, 2024 11:11 am

Retail sales in the United Kingdom surprisingly registered zero growth in March over February after a 0.1% increase in the prior month, data by the Office for National Statistics showed. In comparison, market consensus had pointed to a 0.3% growth. In March, sales of automotive fuel went up 3.2%, while those at non-food stores rose […] Read more

Phoenix Motor names new Chief Financial Officer

April 19, 2024 8:47 am

Phoenix Motor Inc (NASDAQ: PEV), a manufacturer of heavy-duty transit buses and electrification solutions provider for medium-duty vehicles, said this week it had appointed Michael Yung as its next Chief Financial Officer, effective April 17th. Prior to joining Phoenix Motor, Yung was the CFO at PingTan Marine Enterprise Ltd. Before that, he served as Managing […] Read more

Japan’s inflation eases to 2.7%, Yen up amid risk aversion

April 19, 2024 7:58 am

Annual consumer price inflation in Japan has slowed to 2.7% in March from a 3-month high of 2.8% in February, data by the Ministry of Internal Affairs & Communications showed. The actual figure came in line with market consensus. In March, prices moderated for transport (2.9% YoY versus 3% YoY in February), clothing (2% YoY […] Read more

Switzerland’s trade surplus expands in March

April 18, 2024 1:37 pm

Switzerland reported a trade surplus in the amount of CHF 2.8 billion in March, compared to a revised up CHF 2.3 billion surplus in February. The nation’s total exports went down 0.6% month-over-month to CHF 21.1 billion, mostly because of lower shipments of jewelry (-37.2%), clocks (-1.5%), precision instruments (-1.5%) and food and beverages (-1.4%). […] Read more