Category: initial
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Saudi Aramco exploring initial bid for BP’s Castrol unit, source says
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(Reuters) – The Saudi Aramco is in the early stages of considering a possible presentation of BP Castrol Castrol, according to a person who is aware of the issue. BP explores all options about Castrol works, including the potential sales process, as part of a strategic review. Ashley Keeleti, an…
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Crypto Roadmap Presented To Trump And Congress By Blockchain Association For Initial 100 Days
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like President-elect Donald Trump Preparing to take office on January 20, 2025, the cryptocurrency industry is optimistic about a new regulatory era. The Blockchain Association, a non-profit organization focused on encouraging innovation and fostering a supportive policy environment for digital assets, has taken the initiative to communicate its priorities directly…
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US initial jobless claims 258K vs 230K estimate
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The previous week 225 thousand Initial jobless claims are 258,000 vs. 230,000 estimated The four-week moving average of initial jobless claims was 231K vs. 224.25K The previous week’s continuing claims of 1.826 million were revised to 1.819 million Continuing claims 1.861 million vs. 1.830 million estimate 4-week moving average for…
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US weekly initial jobless claims 225K versus 220K expected
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High risk warning: Foreign exchange trading involves a high level of risk that may not be suitable for all investors. Leverage creates more risk and exposure to loss. Before deciding to trade foreign exchange, carefully consider your investment objectives, level of experience and risk tolerance. You may lose some or…
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Initial Atlanta Fed GDPNow growth tracker comes in at 2.8%
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The Atlanta Federal Reserve released its preliminary estimate of third-quarter GDP growth. It expects growth of 2.8% in the third quarter. In their own words: The GDPNow model’s preliminary estimate of real GDP growth (seasonally adjusted annual rate) in Q3 2024 is 2.8 percent On July 26. The preliminary estimate…
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ANZ’s initial view of bond trading allegations has no evidence of manipulation By Reuters
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(Reuters) – ANZ, Australia’s fourth-biggest bank, said its initial assessment of a distressed bond sale sparked a regulatory investigation that concluded it did not engage in market manipulation, although the bank admitted to unacceptable errors in data reporting. Earlier this month, the company’s chief executive said ANZ planned to “get…
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Crypto Analyst Predicts XRP To Hit $1.03 Soon, Warns Of Initial Dip
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XRP price has been on an impressive run in recent days, but that rally came to an abrupt end yesterday. After rising to $0.6378, it temporarily dropped by over 11%. However, popular crypto analyst Dark Defender (@DefendDark) remains bullish in the short term, even if the decline widens further in…
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US initial jobless claim 222K vs 236K estimate
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High Risk Warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage also creates additional risks and exposure to loss. Before deciding to trade foreign exchange, carefully consider your investment objectives, level of experience, and risk tolerance. You may lose some…
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Geopolitics: Head of Israel’s Mossad returned from Doha after initial cease-fire meetings
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High Risk Warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage also creates additional risks and exposure to loss. Before deciding to trade foreign exchange, carefully consider your investment objectives, level of experience, and risk tolerance. You may lose some…
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U.S. Final Q1 GDP, Durable Goods Orders, And Initial Jobless Claims Reports Showed Weaknesses
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The final reading for Uncle Sam’s growth in the first quarter of 2024 came in at 1.4%, higher than the second estimate of 1.3% but still below the advanced reading of 1.6%. Data from the Bureau of Economic Analysis indicate that weakness in primary metals (for durable goods manufacturing) and…
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U.S. Final Q1 GDP, Durable Goods Orders, And Initial Jobless Claims Reports Showed Weaknesses
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The final reading for Uncle Sam’s growth in the first quarter of 2024 came in at 1.4%, higher than the second estimate of 1.3% but still below the advanced reading of 1.6%. Data from the Bureau of Economic Analysis indicate that weakness in primary metals (for durable goods manufacturing) and…
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India digital currency transactions slump after reaching initial central bank target, sources say By Reuters
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Written by Jaspreet Kalra MUMBAI (Reuters) – Use of India’s digital currency, the e-rupee, has fallen to a tenth of its December peak, four sources said, reflecting the difficulties many countries have faced trying to rally public support for digital currencies. The Reserve Bank of India began a pilot of…
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Initial jobless claims dip to 222,000 last week, but still above estimates By Investing.com
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Investing.com – The number of Americans filing for unemployment benefits for the first time was higher than expected last week, although the number was down from the previous period. In the United States it fell to 222,000 in the week ending May 11, down from an upwardly revised total of…