Category: Investing.com
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Political Polarization in Europe threatens Euro stability amid rising extremism By Investing.com
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Macquarie noted on Tuesday that the euro is facing increasing pressure as political polarization in Europe, particularly in Germany, increases, raising concerns about the currency’s stability. Recent local elections in Germany, where far-left and right-wing parties won nearly half the votes in the states of Thuringia and Saxony, have deepened…
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Vista Energy announces share repurchase on NYSE and BMV By Investing.com
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Vista Energy, a Mexico City-based oil and gas company, recently executed a share buyback plan, repurchasing 40,000 shares of its Class A stock. The transaction was completed on Monday, August 30, 2024, with the shares purchased for MXN 1,022.75 per share, for a total of approximately MXN 40.91 million, excluding…
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Why is CHF not weaker? BoA Securities explains By Investing.com
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Investing.com – A play on the Swiss franc’s weakness has been the most bullish trade since the start of the year, according to Bank of America Securities, yet the currency has failed to weaken as much as expected. At 08:25 ET (12:25 GMT), the stock was trading up 0.1% at…
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Why is CHF not weaker? BoA Securities explains By Investing.com
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Investing.com – A play on the Swiss franc’s weakness has been the most bullish trade since the start of the year, according to Bank of America Securities, yet the currency has failed to weaken as much as expected. At 08:25 ET (12:25 GMT), the stock was trading up 0.1% at…
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India underperformed EM in August; defensive sectors outperformed By Investing.com
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Investing.com – In August 2024, the Indian stock market saw mixed performance, with the MSCI India Index returning a positive 0.9%. However, despite the gain, the index underperformed the emerging markets index by about 0.5 percentage points, putting India at 15th out of 24 emerging markets, Morgan Stanley analysts said…
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India underperformed EM in August; defensive sectors outperformed By Investing.com
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Investing.com – In August 2024, the Indian stock market saw mixed performance, with the MSCI India Index returning a positive 0.9%. However, despite the gain, the index underperformed the emerging markets index by about 0.5 percentage points, putting India at 15th out of 24 emerging markets, Morgan Stanley analysts said…
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Dollar steady ahead of ISM release, key labor market data By Investing.com
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The US dollar steadied on Tuesday as investors looked ahead to key economic data, including US payrolls data on Friday, which could bolster an interest rate cut by the Federal Reserve later this month. At 04:05 ET (09:05 GMT), the dollar index, which tracks the greenback against a basket of…
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Dollar steady ahead of ISM release, key labor market data By Investing.com
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The US dollar steadied on Tuesday as investors looked ahead to key economic data, including US payrolls data on Friday, which could bolster an interest rate cut by the Federal Reserve later this month. At 04:05 ET (09:05 GMT), the dollar index, which tracks the greenback against a basket of…
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ASEAN currencies rally not backed by fundamentals, says BCA By Investing.com
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BCA Research has expressed doubts about the sustainability of the recent rally in ASEAN currencies, noting that a slowdown is expected. The research firm pointed to the lack of support from economic fundamentals, stressing that the contraction in global export orders indicates an upcoming weakness in ASEAN exports, which could…
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Dollar dips ahead of the key jobs report By Investing.com
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The US dollar fell modestly but remained close to its highest levels in about two weeks, as investors’ attention turned to the upcoming US jobs report at the end of the week. At 18:40 ET (22:40 GMT), the pound was down 0.1% at 101.64. The pound was little changed at…
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US futures edge higher as focus shifts to job market By Investing.com
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U.S. stock futures opened modestly higher by 0.1%, while the greenback rose by 0.3%. The yield on U.S. Treasury bonds remained relatively unchanged, as did the . Meanwhile, the yield on the 10-year U.S. Treasury note was at 3.903% at 18:05 ET (22:05 GMT). Focus shifts to the labor market…
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Dollar edges lower ahead of payrolls; euro benefits By Investing.com
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Investing.com – The U.S. dollar was slightly lower on Monday in light holiday-affected trading, as traders awaited key labor market data for clues on a potential interest rate cut by the Federal Reserve. At 05:55 ET (09:55 GMT), the dollar index, which tracks the greenback against a basket of six…
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Watch out! September has a history of being the worst month of the year By Investing.com
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Yardeni Research analysts see a positive trajectory over the next two months despite September’s historical trend of being a challenging month for stocks. The research firm expects the expected monetary easing by the US Federal Reserve, which begins with a 25 basis point cut in the federal funds rate on…
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Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.18% By Investing.com
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Investing.com – Saudi Arabia stocks were lower after Monday’s close, as losses in the banking and finance sectors led shares lower. At the close in Saudi Arabia, the general market index lost 0.18%. The session’s top performer was Saudi Cables Co. (TADAWUL:), which rose 9.87% or 6.80 points to trade…
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ICBC maintains growth with steady interim results By Investing.com
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Industrial and Commercial Bank of China Limited (ICBC), the world’s largest bank by assets, reported stable main performance indicators and steady growth in its operating results for the first half of 2024. The bank’s total assets surpassed RMB47 trillion, with a significant customer loan increase and a net profit that…
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ICBC maintains growth with steady interim results By Investing.com
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Industrial and Commercial Bank of China Limited (ICBC), the world’s largest bank by assets, reported stable main performance indicators and steady growth in its operating results for the first half of 2024. The bank’s total assets surpassed RMB47 trillion, with a significant customer loan increase and a net profit that…
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Positioning credit portfolios for the US election By Investing.com
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As the US presidential election approaches, credit portfolio managers face the delicate challenge of dealing with potential impacts on both macro and micro credit markets. According to analysts at UBS, while the broader macro credit environment is expected to see minimal disruption from the election, the micro-level impacts, particularly within…
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Israel stocks lower at close of trade; TA 35 down 0.88% By Investing.com
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Investing.com – Israeli stocks were lower after the close on Sunday, as losses in the banking and services sectors led shares lower. At the close of trading in Tel Aviv, the index fell by 0.88%. The best performers in the session were: Energix (TASE:), which rose 0.85% or 11.00 points…
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Implications for ASML as the Dutch government takes a tougher stance on China By Investing.com
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The Dutch government has reportedly imposed new restrictions on ASML’s (AS:) ability to maintain and supply spare parts for its advanced deep ultraviolet (DUV) equipment in China. However, analysts from JPMorgan and Wells Fargo suggest the impact on ASML’s overall earnings could be limited. The Dutch government is preparing to…
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Implications for ASML as the Dutch government takes a tougher stance on China By Investing.com
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The Dutch government has reportedly imposed new restrictions on ASML’s (AS:) ability to maintain and supply spare parts for its advanced deep ultraviolet (DUV) equipment in China. However, analysts from JPMorgan and Wells Fargo suggest the impact on ASML’s overall earnings could be limited. The Dutch government is preparing to…