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Switzerland retail sales growth decelerates in September

November 3, 2024 4:11 pm
Retail sales in Switzerland were reported to have risen at the softest annual rate since May in September. Retail sales went up 2.2% year-on-year in September, while slowing from a revised down 2.7% rise in August, the data showed. The latest figure fell short of market consensus of a 2.5% growth. In September, sales dropped […] Read more

India’s foreign exchange reserves drop for 4th week

November 3, 2024 11:41 am
India’s foreign exchange reserves have eased for a fourth consecutive week from the record high of $704.9 billion registered in the last week of September. Foreign exchange reserves held by the Reserve Bank of India decreased to $684.8 billion as of October 25th, the latest data showed. The result was largely attributed to an outflow […] Read more

South Korea’s Oct trade surplus widens to $3.17 billion

November 1, 2024 8:11 am
South Korea reported a trade surplus for the 17th straight month in October. The nation’s trade surplus widened to USD 3.17 billion in October from USD 1.56 billion in the same month a year ago, data by the Ministry of Trade, Industry & Energy showed on Friday. In comparison, a consensus of analyst estimates had […] Read more

Euro Area CPI inflation accelerates to 2% in October

October 31, 2024 10:38 am
Annual consumer price inflation in the Euro Area has picked up to 2% in October from 1.7% in September, preliminary data by Eurostat showed. September’s rate has been the lowest since April 2021. Market consensus had pointed to a lesser acceleration – to 1.9%. Still, inflation is now in line with the European Central Bank’s […] Read more

Germany retail sales surprisingly surge in September

October 31, 2024 8:10 am
Retail sales in Germany rose at a monthly rate of 1.2% in September, after a revised down 1.2% surge in August, the latest data by the Federal Statistical Office showed. In comparison, a consensus of analyst estimates had pointed to a 0.5% slump. In September, non-food sales went up 1.7% over the prior month, with […] Read more

Black Hills Corp announces $0.65 dividend

October 30, 2024 9:45 am
Black Hills (NYSE: BKH), a customer-focused, growth-oriented utility company, said this week its Board of Directors had authorized a regular quarterly cash dividend of $0.65 per share of common stock. The dividend was kept unchanged from the previous quarterly dividend payment. The dividend will be paid on December 1st to shareholders of record as of […] Read more

France Q3 GDP growth strongest since Q4 2023

October 30, 2024 8:34 am
The French economy has expanded at the fastest quarterly rate since Q4 of 2023 in the third quarter of 2024, preliminary data showed. France’s GDP grew 0.4% quarter-on-quarter in Q3, while picking up from a 0.2% growth in Q2. The latest figure also outstripped market consensus of a 0.3% growth. Household consumption rose 0.5% quarter-on-quarter […] Read more

US job openings drop to lowest since Jan 2021 in September

October 29, 2024 3:50 pm
The number of job openings in the United States decreased to 7.443 million in September from a revised down 7.861 million in August, data by the Bureau of Labor Statistics showed. In comparison, a consensus of analyst estimates had pointed to a level of 7.99 million. It has been the lowest number of job openings […] Read more

Magnolia Oil & Gas announces $0.13 dividend

October 29, 2024 10:19 am
Magnolia Oil & Gas (NYSE: MGY) said on Monday that its Board of Directors had authorized a regular quarterly cash dividend of $0.13 per share of common stock. The dividend was kept unchanged from the previous quarterly dividend payment. The dividend will be paid on December 2nd to shareholders of record as of the close […] Read more

Spot Gold revisits record levels ahead of election outcome

October 29, 2024 8:14 am
Spot Gold edged higher on Tuesday, while revisiting the record high area just above the $2,750 mark, as market focus again sets on a vast US data string this week, including job openings, employment growth, advance Q3 GDP estimate and PCE inflation. The uncertainty surrounding next week’s US presidential election also lent support to the […] Read more