BofA: Good news for stocks
Daily NewsBank of America sees good news for stocks in the week ahead Bank of America (BofA) sees good news ahead that puts risks to stocks upside. “Our economists see no s...
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Bank of America sees good news for stocks in the week ahead Bank of America (BofA) sees good news ahead that puts risks to stocks upside. “Our economists see no s...
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Last week, the US economy grew by 1.6%, below expectations of 2%2.5 growth. When the slowdown in the economy was accompanied by rigidity in inflation, the decline...
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Oil has fallen as the United States tries to broker a peace deal between Israel and Hamas that would ease geopolitical tensions in the Middle East. Brent crude tr...
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Gold fell after a weekly decline ahead of the Federal Reserve’s midweek meeting, where policymakers are expected to reaffirm their long-term stance on high intere...
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With expectations of a US interest rate cut this year being pushed back, optimistic analysts say the growth theme will lift stocks. Asian stocks started the week ...
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The Japanese yen fell to 158 against the dollar. The yen weakened to 158.43 against the dollar, hitting its lowest level in 34 years. On Friday, the Bank of Japan...
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According to Bloomberg Economics’ algorithm that examines Fed statements, it is possible that Fed Chair Jerome Powell will hawkish his messages. According to the ...
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Copper tested $10,000 a ton for the first time since 2022. Copper reached $10,000 a ton for the first time in two years as expectations grow that the world’s mine...
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The Bank of Japan left monetary policy unchanged, expects higher inflation in 2024. The Bank of Japan (BOJ) left its policy rate unchanged after its monetary poli...
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Oil headed for a weekly gain ahead of U.S. inflation data. Oil headed for a weekly gain ahead of U.S. inflation data that could provide more clues about the path ...
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The revenues of US technology companies Microsoft, Alphabet and Intel increased in the January-March period. Microsoft, which accepts the January-March period as ...
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Oil fell modestly as risk-off sentiment countered a decline in U.S. inventories. Brent crude traded around $88 a barrel after falling 0.5 percent on Wednesday, wh...
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Gold extended a three-day slide ahead of inflation data that will shape expectations for U.S. monetary policy and the dollar. Gold extended a three-day slide ahea...
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The yen has fallen to critically low levels against the dollar, and expectations of “exchange rate intervention” have increased in the markets. As the Bank of Jap...
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Meta, the owner of Facebook, Instagram, and WhatsApp, reported revenue of $36.5 billion in the first quarter of this year, up 27 percent from the same period last...
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Following the approval of the law by US President Joe Biden that would ban TikTok, TikTok CEO Shou Zi Chew stated that they expect to win the legal battle they wi...
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Gold is trying to find balance after two days of declines amid easing tensions in the Middle East. Gold is holding steady ahead of U.S. data due later this week t...
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Oil holds gains on stockpile data, Iran sanctions focus. Oil held onto gains after a report showed U.S. crude inventories were falling and investors watched for p...
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US electric car manufacturer Tesla's net profit fell by 55 percent in the first quarter of this year compared to the same period last year due to falling sales an...
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The US Senate approved a total of $95 billion foreign aid package, including $61 billion in military aid to Ukraine and $26 billion to Israel, and sent it to the ...
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The U.S. Senate has approved a bill to block TikTok, a social media platform owned by Chinese giant ByteDance, which would either sell it within a year or ban it....
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