Brightening prospects for the economy are helping drive the pound to levels last seen on a sustained basis before the Brexit vote.

Singapores three largest banks are expected to report improved earnings as the global economy recovers from the Covid19 pandemic, said analysts. The banks are scheduled to release firstquarter earnings in the coming days. The largest of the trio, DBS Group Holdings, will be the first to do so on Friday, while smaller peers United Overseas […]

The 10year Treasury Note yield may be on the verge of breaking out of its slump. After stabilizing over the past several weeks, Wells Fargo Securities Michael Schumacher predicts the current risk backdrop will reenergize yields in the coming weeks. He lists the Federal Reserves high level of comfortableness surrounding rising inflation, the massive amount […]

Futures contracts tied to the major U.S. stock indexes were mostly flat early Monday as investors braced for one of the busiest weeks of the firstquarter earnings season. Contracts linked to the Dow and the SP 500 hovered around the flatline. Nasdaq 100 futures traded marginally lower. Tesla shares were slightly lower in premarket trading […]

STOCKHOLM, April 27 Reuters Shares of Swedish real estate web portal Hemnet, backed by U.S. private equity firm General Atlantic, rose 50 on its debut on Nasdaq Stockholm on Tuesday. The shares, trading at 165 Swedish crowns at 0852, were priced at 115 crowns. They touched a high of 172.48 crowns. The offering comprised of […]

SYDNEY, April 27 Reuters The Australian and New Zealand dollars fell against the greenback on Tuesday, as caution reined in markets ahead of the Federal Reserves monetary policy meeting on Wednesday. The Australian dollar was last down 0.21 at 0.7784, partially offsetting gains of half a cent in the previous days session, which were underpinned […]

Rates as of 0500 GMT Note The CAD index is not updating. Market Recap The Bank of Japan BoJ meeting went quite as expected. Policy remains on hold, as its likely to be for the remainder of the Anthropocene Epoch. They upgraded their view of the growth outlook, as nearly every other central bank has […]

April 26 Reuters Tesla Inc marginally beat Wall Street expectations for firstquarter revenue on Monday boosted by record deliveries, robust demand from China and environmental credit sales. Tesla posted record deliveries in the first quarter despite a global chip shortage that has slammed auto sector rivals. Model Y production in China has spurred demand there. […]

The meme stock saga marked the arrival of social media as an equity market force. It also shined a spotlight on a market phenomenon that rarely gets attention: short squeezes.

Gold prices are showing several promising technical and fundamental indicators.