Category: Decision

  • Nikola’s Stock Is Slumping. Its Board Made a Grim Decision.

    Electric truck maker shares Nicola (Nasdaq: NKLA) Shares were trading sharply lower Thursday morning, after the company said in a regulatory filing that it would conduct a 1-for-30 reverse stock split next week. As of 10:30 a.m. ET, Nikola shares were down approximately 23.3% from Wednesday’s closing price. Electric truck…

  • Sterling steady ahead of BoE decision; dollar wobbles against yen By Reuters

    By Ray Wee SINGAPORE (Reuters) – The pound was broadly flat on Thursday ahead of the Bank of England’s interest rate decision later in the day, while the dollar fell as new market catalysts awaited. Currencies were trading in tight ranges after a holiday in the United States, with investors…

  • Trump Media says SEC’s decision may help it get $247 million By Reuters

    (Corrects movement of shares to “down 46%” from “down approximately 80%” and market capitalization to “$5.53 billion” from “$6.14 billion” in paragraph 6) (Reuters) – Trump Media and Technology Group said on Tuesday that the Securities and Exchange Commission has declared effective the company’s request to resell certain shares and…

  • London stocks open higher ahead of UK inflation data, cenbank decision By Reuters

    (Reuters) – London shares opened higher on Tuesday, as investors awaited key domestic inflation data and the Bank of England’s policy decision, while losses in… Ashtead Group (LON:) Gains capped. The leading stock rose 0.5% to 8,181.64 points by 7:06 GMT, while the average stock rose 0.6%. The index has…

  • Economic calendar in Asia Tuesday, 18 June 2024 – RBA decision and press conference

    High risk warning: Foreign exchange trading involves a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before deciding to trade foreign exchange, carefully consider your investment objectives, level of experience and risk tolerance. You may lose some or all…

  • Investors react to BOJ decision to keep policy unchanged, trim bonds in future By Reuters

    (Reuters) – The Bank of Japan left interest rates unchanged on Friday but said it would reduce future bond purchases to allow long-term interest rates to move more freely. At the end of the two-day policy meeting, the central bank said it would continue buying government bonds at the current…

  • US stock futures steady after AI rally; Fed rate decision, CPI on tap By Investing.com

    Investing.com — U.S. stock index futures were flat in afternoon trade Tuesday after an artificial intelligence-fueled rally put Wall Street at new highs, with focus turning to the Federal Reserve and upcoming inflation data. The hype around AI remained a major support point for the markets after Apple Inc (NASDAQ:)…

  • Week Ahead in FX (June 10 – 14): Fed and BOJ’s Decision on Tap, U.S. And Chinese Inflation Due

    No need to look for a 6’5 guy in finances with a trust fund and blue eyes because you can make yourself rich with all the potential market catalysts we’re telling you about this week! The Fed and Bank of Japan will drop their policy decisions for June, while Uncle…

  • The climate economics of the world’s 6,000 superyachts: ‘It’s not an entirely rational decision’

    Superyachts are the ultimate status symbol for royal families, oligarchs and billionaires from Jeff Bezos to Bernard Arnault. Floating palaces are a source of magic and secrecy – and greenhouse gas emissions. The greenhouse effect pollution caused by luxury vessels, which benefit so few superyachts, has prompted sociologist Gregory Salle…

  • Dollar surge unlikely to mark end of recent weakness ahead of Fed decision: MUFG By Investing.com

    Investing.com — It jumped on Friday to a weekly win, as a strong jobs report cooled bets on a Fed rate cut in September, but that is unlikely to mark a major reversal in the dollar’s bumpy ride lower unless it signals… The Fed points out that it is not.…

  • FX Watch: EUR/JPY Resistance Levels Ahead of ECB’s Decision

    The rise of EUR/JPY from the support area has me looking at potential resistance levels ahead of the European Central Bank (ECB) policy decision! Earlier this week, the Japanese yen got a boost from talks that the Bank of Japan may discuss slowing its bond purchases as early as next…

  • FX Watch: AUD/CAD’s Potential Entry Points for BOC’s Decision

    The AUD/CAD pair looks set to retest a major inflection point ahead of the Bank of Canada policy decision! In case you missed it, the Canadian dollar was one of the biggest losers yesterday after OPEC+’s decision to extend the production cut agreement until 2025 failed to ease concerns about…

  • With one week until the Bank of Canada decision, what’s priced in?

    Macklem We are one week away from the Bank of Canada’s interest rate decision on June 5 and it looks like it will be tense in the FX market. Currently, the market expects a 61% chance of a rate cut and a 39% chance of no change to the 5.00%…

  • With one week until the Bank of Canada decision, what’s priced in?

    Macklem We are one week away from the Bank of Canada’s interest rate decision on June 5 and it looks like it will be tense in the FX market. Currently, the market expects a 61% chance of a rate cut and a 39% chance of no change to the 5.00%…

  • JJP Biologics Announces Positive Decision to Execute a First-in-Human Clinical Trial of Anti-Inflammatory mAb JJP-1212 (anti-CD89)

    This section is Partnership content provided The content in this section is provided by Business Wire for the purposes of press release distribution on behalf of its clients. Postmedia has not reviewed the content. by Business wire Breadcrumb links PMN press releases Business newsletters Article writer: Posted on May 29,…

  • ETH Maintains $3.8K Price Ahead of SEC ETF Decision, BTC Slips Below $70K (Market Watch)

    Bitcoin price action has calmed over the past day after rising to $72,000, and the asset has lost some ground since yesterday, as it currently sits below $70,000. Ethereum continues to present a strong front as anticipation grows for today’s SEC decision regarding an ETH ETF. BTC slides below $70,000…

  • ETH Maintains $3.8K Price Ahead of SEC ETF Decision, BTC Slips Below $70K (Market Watch)

    Bitcoin price action has calmed over the past day after rising to $72,000, and the asset has lost some ground since yesterday, as it currently sits below $70,000. Ethereum continues to present a strong front as anticipation grows for today’s SEC decision regarding an ETH ETF. BTC slides below $70,000…

  • The RBNZ rate decision sent the NZDUSD higher into swing area resistance. What next?

    The Reserve Bank of New Zealand kept interest rates unchanged but raised its forecasts for future interest rates. This was more stringent and sent the NZD/USD pair higher. But after reaching the swing zone resistance between 0.6148 and 0.6159, buyers turned to sellers. It was believed that Governor Orr’s comments…

  • FX Watch: EUR/NZD’s Resistance Area Ahead of RBNZ’s Policy Decision

    EUR/NZD is approaching the technical resistance area! Will the pair continue its downward trend this week? Or will the RBNZ policy decision inspire a bullish breakout for its Kiwi counterpart? While we did not see market catalysts yesterday, commodity-related currencies such as the New Zealand dollar fell against their counterparts…

  • How April CPI inflation data may influence the Fed’s rate path decision (DXY)

    With inflation remaining hotter than desired in the first quarter of 2024, the Fed’s first expected interest rate cut in more than four years continues to push through later in the calendar, with some wondering whether the central bank will lower its benchmark. Standard rate at all this year. Investors…