February 13, 2024 9:25 am
The GBP/JPY currency pair scaled a fresh 8 1/2-year peak on Tuesday, after data showed UK wage growth outpaced market estimates in the three months to December. Additionally, UK’s unemployment rate decreased to levels unseen since early 2023. Average weekly earnings, including bonuses, rose 5.8% year-on-year to GBP 669 per week in the three months […]
Read moreFebruary 13, 2024 8:17 am
The GBP/CAD currency pair advanced to an intraday high of 1.7024 on Tuesday, after data showed UK wage growth outpaced market estimates in the three months to December, while the unemployment rate decreased to levels unseen since early 2023. Average weekly earnings, including bonuses, rose 5.8% year-on-year to GBP 669 per week in the three […]
Read moreFebruary 12, 2024 11:24 am
The GBP/USD currency pair traded little changed at the start of the week, as market players shift their focus to the US consumer inflation and to the UK wage growth data for more clues over central bank rate outlook. Annual consumer price inflation in the United States probably slowed to 3% in January, according to […]
Read moreFebruary 12, 2024 9:29 am
The USD/ZAR currency pair was a notch firmer on Monday, while trading near a 1-week high of 19.0686, as market players shift their focus to the US consumer inflation data and to speeches by a host of Federal Reserve officials. At least 7 Fed representatives are scheduled to make speeches this week, following last week’s […]
Read moreFebruary 12, 2024 8:48 am
Spot Gold traded mostly flat at the start of an eventful week, as market focus sets on the US consumer inflation data and on speeches by a host of Federal Reserve officials. At least 7 Fed representatives are scheduled to make speeches this week, following last week’s remarks that the US central bank wants more […]
Read moreFebruary 10, 2024 12:48 pm
Marcus & Millichap Inc, a commercial real estate brokerage firm with a focus on investment sales, financing, research and advisory services, said this week its Board of Directors had authorized a regular semi-annual dividend of $0.25 per share. The dividend will be paid on April 5th to shareholders of record as of the close of […]
Read moreFebruary 9, 2024 10:37 am
First BanCorp, the bank holding company for FirstBank Puerto Rico, said this week its Board of Directors had authorized a quarterly cash dividend of $0.16 per share. It represents an increase of 14% compared to the prior quarterly dividend. The dividend will be paid on March 8th to shareholders of record at the close of […]
Read moreFebruary 9, 2024 8:15 am
Mediobanca on Friday reported higher-than-expected first-half net profit, driven by a surge in net interest income and strength in its wealth management business. The financial group’s first-half net profit rose 10% year-on-year to EUR 611 million. It compares with a consensus of analyst estimates of EUR 596 million. Net interest income grew 18% year-on-year to […]
Read moreFebruary 8, 2024 1:48 pm
Harley-Davidson Inc on Thursday posted a 38% decrease in its quarterly earnings amid weaker demand for motorcycles in North America as consumers pared spending on more costly items. The motorcycle maker reported a net profit of $26 million ($0.18 per share) in the fourth quarter, down from $42 million ($0.28 per share) in the year-ago […]
Read moreFebruary 8, 2024 10:11 am
Futures on US West Texas Intermediate Crude Oil rose for a fourth straight trading day on Thursday, as Israel rejected a ceasefire offer from Hamas, while US gasoline stocks decreased last week. Israel’s Prime Minister Benjamin Netanyahu has rejected Hamas’ most recent offer for a ceasefire and return of hostages held in the Gaza Strip. […]
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