Markets
By Karen Brettell NEW YORK (Reuters) – The dollar rose against the euro and yen on Tuesday as traders awaited inflation data on Thursday for clues on when the Federal Reserve is likely to cut rates. In cryptocurrencies, bitcoin dipped but remained near its strongest level since April 2022 as…
Last updated: January 20, 2024 21:45 EST | 2 min read Source: Alex J/AdobeThe Russian metal mining giant Nornickel (Nornickel Norilsk) says it will start paying its employees dividends with “digital financial assets.”The firm’s board of directors has approved a program that will see employees receive around $10.40 per share.And,…
Treasury yields finished mostly lower on Friday after December’s producer prices report pointed to the likelihood of a continued drop in inflation. A steep drop in the 2-year rate led to the least-negative spread against the 10-year yield in two months. What happened The yield on the 2-year Treasury BX:TMUBMUSD02Y…
© Reuters. Macquarie Research sees strong forward indicators for Carnival Corp. (CCL) The Carnival Corp. (NYSE:) 12-month price target was lifted to $22 from $16 per share at Macquarie Research in a note this week, with analysts reiterating an Outperform rating on the stock. Analysts told investors that the company…
By Scott DiSavino NEW YORK (Reuters) – Oil prices eased on Friday ahead of the long Christmas holiday weekend on expectations Angola could increase output after leaving OPEC, but rose for the week on positive U.S. economic news and worries Houthi ship attacks would boost supply costs. futures fell 32…
Investing.com– Most Asian currencies retreated on Wednesday, while the dollar steadied from recent losses as markets remained on edge before key U.S. inflation data that is expected to factor into the path of interest rates. Regional currencies were nursing steep losses over the first week of 2024, as markets questioned…
Last updated: January 20, 2024 04:46 EST | 2 min read Source: AdobeStock / James Thew The Commodity Futures Trading Commission (CFTC) has charged digital asset platform Debiex for engaging in a deceptive scheme known as “pig butchering,” which resulted in the loss of $2.3 million from investors.On Firday, the…
Barron’s checks in with the Roundtable panelists around the middle of the year to get an update on their economic and market views and their latest investment recommendations. Here’s how their 2023 Midyear Roundtable picks performed from July 12, 2023, through Dec. 29, 2023. The S&P 500 posted a total return of 7.4% in that…
© Reuters. France stocks higher at close of trade; CAC 40 up 0.11% Investing.com – France stocks were higher after the close on Friday, as gains in the , and sectors led shares higher. At the close in Paris, the rose 0.11%, while the index climbed 0.08%. The best performers…
Investing.com– Oil prices settled lower on Friday, but notched a second-weekly gain following a volatile trading week as traders weighed supply disruptions driven by attacks on vessels in the Red Sea, while Angola’s exit from the Organization of Petroleum Exporting Countries sparked some concern about OPEC cohesion and its ability…