Category: Markets
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Major US indices open the last day of the week higher
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Major indices are trading higher in early US trading. Gains in major indices are in the 0.3% range. Eight minutes after opening: The Dow Jones Industrial Average rose 114.82 points, or 0.29%, to 39,180.09 points. The Standard & Poor’s index rose 17.97 points, or 0.34%, to 5,285.82 points. The Nasdaq…
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Israel stocks higher at close of trade; TA 35 up 0.25% By Investing.com
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Investing.com – Israeli stocks rose after the close on Sunday, as gains in the stock sector pushed shares higher. At the close in Tel Aviv, it rose by 0.25%. The best performers of the session were big Shopping Centers Limited (TASE:) stock rose by 2.88%, or 1,050.00 points, and its…
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XTB Join Forces with VanEck to Promote ETF Investing in Spain
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Striving to encourage passive investment through exchange exchange A stock exchange is defined as a market that supports the trading of derivatives, commodities, securities and other financial instruments. In general, a stock exchange can be accessed through a digital platform or sometimes at a physical address where investors organize to…
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Dollar down on profit taking but upbeat outlook remains By Reuters
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Written by Saqib Iqbal Ahmed NEW YORK (Reuters) – The dollar fell against most major currencies on Friday as traders took profits after recent gains, but the US currency remained well positioned to rise further, supported by strong US economic data that pushed markets back on interest rate expectations. Interest…
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Weekly Market Outlook (27-31 May)
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Upcoming events: Monday: UK/US Holidays, German IFO. Tuesday: Australian retail sales, Canadian producer price index, US consumer confidence. Wednesday: Australia Monthly Consumer Price Index, Fed Beige Book. Thursday: Swiss GDP, Eurozone unemployment rate, US GDP2Second abbreviation Estimate, US unemployment claims. Friday: Tokyo CPI, Japan Retail Sales and Industrial Production, China…
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Upgrades for Micron, Magnite and GoodRx Holdings By Investing.com
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Investing.com – Here’s a professional summary of Wall Street analysts’ biggest takeaways over the past week: Micron, Magnite, GoodRx Holdings upgrades; Reduced his health. InvestingPro subscribers always get the first guess on rating changes that move the market. Micron What happened? On Monday, Morgan Stanley upgraded Micron (NASDAQ:) to Equal…
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Upgrades for Micron, Magnite and GoodRx Holdings By Investing.com
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Investing.com – Here’s a professional summary of Wall Street analysts’ biggest takeaways over the past week: Micron, Magnite, GoodRx Holdings upgrades; Reduced his health. InvestingPro subscribers always get the first guess on rating changes that move the market. Micron What happened? On Monday, Morgan Stanley upgraded Micron (NASDAQ:) to Equal…
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Mobile Shares Trading to Reach $100B by 2029
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Panel discussion on “Regulation, Trust and the Future of Trade in Africa” Panel discussion on “Regulation, Trust and the Future of Trade in Africa” Panel discussion on “Regulation, Trust and the Future of Trade in Africa” Panel discussion on “Regulation, Trust and the Future of Trade in Africa” Panel discussion…
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G7 reaffirms warning against excess currency volatility in nod to Japan By Reuters
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Written by Laika Kihara STRESA, Italy (Reuters) – Financial leaders of the Group of Seven leading economies reiterated on Saturday their commitment to warning against excessively volatile currency movements, language that Japan sees as a green light for market intervention to halt the currency’s rapid decline. yen. The agreement followed…
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University of Michigan consumer sentiment versus 69.1 estimate. Preliminary 67.4
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The University of Michigan’s final consumer sentiment results for May show: Consumer sentiment 69.1 vs. 67.5 estimates and 67.4 preliminary. Last month 77.2. Expectations: 68.8 vs. initial 66.5. Last month 76.0 Current conditions: 69.5 vs. initial 68.8. Last month 79.0. One-year inflation forecast is 3.3% versus 3.5% initial. It is…
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SuperMicro Computer, MicroStrategy set to join Russell 1000 By Investing.com
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The Russell 1000, the stock market index that tracks the top 1,000 stocks in the Russell 3000, is set to welcome 38 new members. Among the companies moving out of the index, which tracks small-cap companies, are notable names such as Super Micro Computer (NASDAQ:), MicroStrategy, and Carvana. These additions…
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Mary Poppins songwriter Richard Sherman dies at age 95 By Reuters
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Written by Rich McKay (Reuters) – Richard Sherman (95 years old), the man behind the fame Disney Songs that delighted generations such as “It’s a Small World (After All)” and Mary Poppins’ “Supercalifragilisticexpialidocious,” “Chim Chim Cher-ee” and “Spoon Full of Sugar” died on Saturday. ) the company announced on its…
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Yen traders heads up – Japan finance minister Suzuki denies bilateral meeting with Yellen
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Bank of Japan Governor Ueda and Japanese Finance Minister Suzuki spoke over the weekend, at the conclusion of the G7 meeting in Italy. Suzuki said he did not have a one-on-one meeting with US Treasury Secretary Yellen. This seems to indicate that there is no discussion about coordinated intervention by…
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Yen traders heads up – Japan finance minister Suzuki denies bilateral meeting with Yellen
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Bank of Japan Governor Ueda and Japanese Finance Minister Suzuki spoke over the weekend, at the conclusion of the G7 meeting in Italy. Suzuki said he did not have a one-on-one meeting with US Treasury Secretary Yellen. This seems to indicate that there is no discussion about coordinated intervention by…
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Tesla shareholders advised to reject Musk’s $56 billion pay By Reuters
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(Reuters) – Consulting firm Glass Lewis said on Saturday it had urged Tesla (NASDAQ:) shareholders to reject a $56 billion pay package for CEO Elon Musk, which if passed would be the largest pay package for a CEO in corporate America. The report cited reasons such as the “excessive size”…
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GTN Helps Finansia to Offer Fractional and Global Trading to Thai Investors
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Panel discussion on “Regulation, Trust and the Future of Trade in Africa” Panel discussion on “Regulation, Trust and the Future of Trade in Africa” Panel discussion on “Regulation, Trust and the Future of Trade in Africa” Panel discussion on “Regulation, Trust and the Future of Trade in Africa” Panel discussion…
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USDCAD falls but approaches a key dual MA support target
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The US dollar against the Canadian dollar is falling USD/CAD falls to the downside despite stronger US durable goods, weaker retail sales in Canada, and a stronger University of Michigan (but lower inflation expectations). Preliminary retail sales for April in Canada showed a 0.7% increase which could support the currency…
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Hedge funds sell US stocks at fastest rate since January By Investing.com
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Hedge funds sold off US stocks at a rate not seen since early January, marking a major shift in investment behavior after five straight weeks of net buying. This change in momentum was highlighted in a report from prime brokerage Goldman Sachs, which noted that the sell-off is in line…
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New Online Casino Site Instant Casino Partners with Italian Serie A Team Juventus FC
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The famous Italian football club Juventus has announced a partnership with Instant Casino, an online cryptocurrency casino, which will be its new regional betting partner in Europe. The agreement is described as a big win for both Juventus fans and Instant Casino players, as it promises a wide range of…