September 2, 2024 10:39 am
The USD/KRW currency pair held close to a one-week high of 1,341.15 on Monday, as market players trimmed bets on aggressive monetary policy easing by the Federal Reserve. Since the closely watched US PCE inflation has held stable in July, this reduced the need for a substantial Fed interest rate cut in September. Markets are […]
Read moreSeptember 2, 2024 8:03 am
Spot Gold pulled back from levels close to record high on Monday due to a firmer US Dollar and higher Treasury yields, as market players trimmed bets on aggressive monetary easing by the Federal Reserve. Since the closely watched US PCE inflation has held stable in July, this reduced the need for a substantial Fed […]
Read moreAugust 31, 2024 3:05 pm
The unemployment rate in Italy has decreased to its lowest level since March 2008 in July, the latest data by the National Institute of Statistics showed. The jobless rate was reported at 6.5% in July, down from 6.9% in June. In comparison, market consensus had pointed to a rate of 7%. The number of unemployed […]
Read moreAugust 30, 2024 2:58 pm
Annual consumer price inflation in the Euro Area has decelerated to 2.2% in August from 2.6% in July, in line with market consensus, preliminary data by Eurostat showed. It has marked the lowest CPI inflation since July 2021. The latest figure indicated that further progress had been made towards the European Central Bank’s 2% inflation […]
Read moreAugust 30, 2024 9:37 am
The unemployment rate in Japan was reported at 2.7% in July, up from 2.5% in the prior month, data by the Ministry of Internal Affairs & Communications showed. It has been the highest jobless rate since August 2023. The number of unemployed persons went up by 110,000 to 1.87 million in July, while the number […]
Read moreAugust 30, 2024 7:50 am
BTIG has assigned a “Buy” rating on Fiserv Inc (NYSE: FI) shares, as considerable investment initiatives put the company on course for high single-digit/low double-digit growth during the upcoming several years. According to BTIG analyst Andrew Harte, Fiserv’s cash flow may grow even faster as operating margins expand and capital expenditure investment stabilizes. “While FI […]
Read moreAugust 29, 2024 12:37 pm
Annual consumer price inflation in Germany has eased to its lowest level since March 2021 in August, a preliminary figure showed. Annual CPI inflation stood at 1.9% in August, while easing from 2.3% in July. In comparison, market consensus had pointed to a lesser slowdown – to 2.1%. Meanwhile, Germany’s EU-harmonized inflation rate eased to […]
Read moreAugust 29, 2024 9:29 am
Retail sales in Norway have increased 1.2% in July over June, the latest data by Statistics Norway showed. The latter followed a 5.1% slump in June and topped market consensus of a 0.9% surge. In July, sales rebounded for: – non-specialized stores (1.5% after a 6.4% slump in June); – food and beverages (1.3% after […]
Read moreAugust 29, 2024 6:58 am
Deere & Company (NYSE: DE) said on Wednesday that its Board of Directors had authorized a regular quarterly cash dividend of $1.47 per share of common stock. The dividend was kept unchanged from the previous quarterly dividend payment. The dividend will be paid on November 8th to shareholders of record as of the close of […]
Read moreAugust 28, 2024 10:58 am
Greif Inc (NYSE: GEF.B) said on Tuesday that its Board of Directors had authorized a regular quarterly cash dividend of $0.81 per share on its Class B Common Stock. The latter represents an increase of 3.85% compared to the previous quarterly dividend of $0.78 per share. The dividend will be paid on October 1st to […]
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