Payrolls set to be high-risk event for dollar - Citi
- All eyes in the foreign exchange markets are firmly focused on Friday’s US jobs report, with Citi stating that the release is likely to market moving for G10 FX,...
- All eyes in the foreign exchange markets are firmly focused on Friday’s US jobs report, with Citi stating that the release is likely to market moving for G10 FX,...
- UBS has downgraded its long-term US dollar targets, looking to fade the currency's rebound early in September. At 08:45 ET (12:45 GMT), the Dollar Index, which...
Investors wonder if gold's surge past $2,300 is a breakout or another fake-out.
First quarter earnings reports are expected to show signs that other areas of the market could catch up to tech's growth later in 2024.
Crude oil futures (CL=F, BZ=F) momentarily pause their price rally after hitting multi-month highs, remaining elevated around various geopolitical tensions including the ongoing conflict between Israeli and Hamas forces in the Middle East. CIBC Private Wealth US Senior Energy Trader Rebecca Babin weighs in on the oil inventory pressures associated with OPEC+'s production cuts and the Russia-Ukraine War, looking ahead to the range where oil and US gas prices could eventually settle into. "Right now what they [OPEC+] have is a beautiful position of controlling the market. They've got their hands on the steering wheel here. They don't want to lose that," Babin tells Yahoo Finance. "You let it go too far, you get SPR (Strategic Petroleum Reserve). So, let's bring back some barrels. I think this puts a damper on this rally to $100 [per barrel] that some people are talking about. And he second big factor I think is demand destruction. You can't just have an explosive rally to the upside and think demand is going to be completely inelastic." For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Luke Carberry Mogan.
The utilities sector (XLU) has remained nearly flat year-to-date when compared to the massive gains seen in other sectors in 2024, such as technology. Citi Equity Analyst Ryan Levine believes that the utilities sector's poor performance has gone on for too long, pointing to AI as "the real emerging story" that will "create a demand growth for the industry at large." "There's two groups of companies — companies on the regulated utility side and then on the unregulated side," Levine explains to Yahoo Finance. "On the regulated side, companies as you articulate in terms of close proximity to the data center buildout. So we identify Georgia as a state that's very attractive and are recommending Southern Company (SO) on that theme." For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. Editor's note: This article was written by Luke Carberry Mogan.
VANCOUVER, British Columbia, April 09, 2024 (GLOBE NEWSWIRE) -- Calibre Mining Corp. (TSX: CXB; OTCQX: CXBMF) (the "Company" or "Calibre") is pleased to announce the operating results for the three months ended March 31, 2024 (all financial amounts are expressed in U.S. dollars unless otherwise indicated). Darren Hall, President and Chief Executive Officer of Calibre, stated: “Consistent with H1 2024 production expectations the team delivered 61,767 ounces in Q1, with gold production H2 weighted
Geopolitical unrest, demand for silver products and diminishing hopes for multiple rate hikes boosted the metal.
VOO brought in $2.45 billion while $2.59 billion flowed from SPY, and both funds track the S&P 500.
Welcome to the Artificial Intelligence Outlook for Forex trading. https://www.youtube.com/watch?v=Dd3tvNAXi-w VIDEO TRANSCRIPT Okay, hello everyone, and welcome back. My name is Greg Firman, and this is the Vantage Point AI ...