Category: Markets

  • China is considering increasing stock exchange fees on HFT by a massive factor of x10

    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…

  • China is considering increasing stock exchange fees on HFT by a massive factor of x10

    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…

  • Aon reports solid Q2 growth, details NFP integration By Investing.com

    Aon plc (NYSE:), a leading global professional services firm, reported a robust second quarter in 2024, with total organic revenue growth of 6% and significant contributions from its recent acquisition of NFP. The company is successfully executing its 3×3 plan, focusing on Risk Capital and Human Capital solutions, and is…

  • Monday morning open levels, indicative FX rates 29 July – little changed from late Friday

    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…

  • Fidelity, Nomura line up bids for Ola Electric’s India IPO, sources say By Reuters

    Written by Aditya Kalra NEW DELHI (Reuters) – The initial public offering of Indian e-scooter maker Ola Electric, backed by SoftBank, will attract bids from investors including Fidelity, Nomura and Norway’s Norges Bank as well as several Indian investment funds, two sources familiar with the matter told Reuters. Ola Electric,…

  • Premium Forex Watch Recaps: July 23 – 24, 2024

    This week our strategists focused on Eurozone business surveys and the Bank of Canada interest rate statement, which led our strategists this time to focus on the Euro and Canadian Dollar. Of the four scenario/price outlook discussions this week, It can be said that both discussions witnessed the raising of…

  • US home insurers suffer biggest loss of century in 2023 By Reuters

    (Reuters) – U.S. home insurers will suffer their worst underwriting loss this century in 2023, ratings agency A.M. Best said on Monday, as a toxic mix of natural disasters, inflation and population growth in vulnerable areas put a vital financial market under severe strain. Homeowners insurance companies suffered a net…

  • Veralto Corporation reports robust Q2 growth, raises EPS guidance By Investing.com

    Veralto Corporation, in its Second Quarter 2024 Earnings Call, reported a strong financial performance with net sales of $1.29 billion and a 3.8% core sales growth. The company raised its full-year adjusted earnings per share (EPS) guidance, reflecting confidence in its end markets and strong execution. Veralto highlighted its growth…

  • Veralto Corporation reports robust Q2 growth, raises EPS guidance By Investing.com

    Veralto Corporation, in its Second Quarter 2024 Earnings Call, reported a strong financial performance with net sales of $1.29 billion and a 3.8% core sales growth. The company raised its full-year adjusted earnings per share (EPS) guidance, reflecting confidence in its end markets and strong execution. Veralto highlighted its growth…

  • How inflationary are Trump’s tariffs? By Investing.com

    Trump’s proposed tariff policies could have a significant impact on U.S. inflation, according to a report from Standard Chartered Bank (OTC:) on Wednesday. The Trump-Vance card calls for a 60% tariff on all Chinese goods and a 10% tariff on goods from the rest of the world, raising the average…

  • Spooked U.S. stock market faces tech earnings minefield, Fed meeting By Reuters

    By David Randall NEW YORK (Reuters) – Nervous investors are bracing for earnings from the market’s biggest technology companies, a Federal Reserve policy meeting and closely watched employment data in a week that could determine the immediate path for U.S. stocks after a bout of intense turmoil. A months-long rally…

  • Timiraos: Fed cut unlikely on Wednesday but officials wary of waiting too long

    The Wall Street Journal’s Fed watcher Nick Timeraos released his latest interest rate forecasts, and he didn’t include any sort of leak about a potential rate cut. Instead, Timeraos confirmed that the Fed will be preparing to cut rates in September without making a prior commitment. That’s a consensus view…

  • Citi looks at the election impact on oil prices By Investing.com

    In a note to clients on Thursday, Citi strategists assessed how the upcoming U.S. presidential election in 2024, which is likely to be a battle between Donald Trump and Kamala Harris, could impact oil prices. Under the Trump administration, the impact on the oil market “could be net bearish due…

  • Citi looks at the election impact on oil prices By Investing.com

    In a note to clients on Thursday, Citi strategists assessed how the upcoming U.S. presidential election in 2024, which is likely to be a battle between Donald Trump and Kamala Harris, could impact oil prices. Under the Trump administration, the impact on the oil market “could be net bearish due…

  • Japan urges G20 vigilance against excessive FX fluctuations By Reuters

    Written by Makiko Yamazaki RIO DE JANEIRO (Reuters) – Japan has urged its G20 counterparts to be more vigilant against excessive volatility in foreign exchange rates caused by speculation, Japan’s top currency diplomat Masato Kanda said on Thursday. Kanda said at a press conference held during the meeting of G20…

  • What is the impact on biotech? By Investing.com

    The upcoming presidential election is expected to have a significant impact on the biotech sector, Evercore ISI said in a note dated Friday. Traditionally, presidential nominations are not significantly influenced by the vice president. However, candidates can sometimes help (e.g., Obama-Biden) or hurt (e.g., McCain-Palin) a ticket. For Harris, her…

  • Dollar treads water after tame US inflation report, yen rally stalls By Reuters

    By Alden Bentley NEW YORK (Reuters) – The dollar ended little changed on Friday, pressured by a drop in Treasury yields after a weak U.S. inflation report that investors said kept the door open for the Federal Reserve’s expected monetary policy easing in September. The Commerce Department’s personal consumption expenditures…

  • Japan touts G20 reaffirmation of forex commitments as key achievement By Reuters

    Written by Makiko Yamazaki RIO DE JANEIRO (Reuters) – Japan sees the recent G20 joint statement’s affirmation of existing commitments against excessive exchange rate volatility as a major achievement, Japanese Finance Minister Shunichi Suzuki said on Friday. “We believe there have been significant achievements at the G20, such as including…

  • Newsquawk Week Ahead: Highlights include FOMC, BoJ, NFP, BoE, ISM Mfg. PMI and OPEC+ JMMC

    Mon: Chinese Industrial Profit (Jun) Tue: Japanese Unemployment Rate (Jun), Australian Building Approvals (Jun), Spanish Flash CPI (Jul), Swiss KoF (Jul), German GDP (Q2), Prelim. CPI (Jul), EZ Consumer Confidence Final (Jul), US JOLTS (Jun) Wed: FOMC Announcement, BoJ Announcement and Outlook Report, BCB Announcement; Chinese NBS PMI (Jul), Australian…

  • All eyes turn to the Fed’s preferred measure of inflation next

    US Core PCE Price Index YoY (%) Broader markets are looking for a respite today, and if they are to continue, they will need the next major US inflation indicator to play its part. So far, risk trades are feeling some relief today after a tough week. But can they…