Asset managers’ 1Q boosted by solid start after strong finish
Asset managers globally are on track for a healthy quarter, boosted by elevated asset prices entering the year.
Argentine Senate Gives Approval for Wage Tax Cut Measure
BUENOS AIRES, April 8 Reuters The Argentine Senate gave final legislative approval to a wage tax cut to benefit more than one million workers hard hit by recession and high inflation, and was expected to be swiftly signed into law by Peronist President Alberto Fernandez. The lower house approved the governmentbacked tax cut last month. […]
Japan Shares Gain as Optimism Builds for Earnings Season
TOKYO, April 9 Reuters Japanese shares rose on Friday in broadbased buying, driven by growing expectations that companies will report healthy profits and issue upbeat forecasts in the coming days as corporate earnings reports start to roll in. The Nikkei 225 Index rose 0.43 to 29,837.54 by 0204 GMT, while the broader Topix gained 0.64 […]
Oil Prices Edge Down as Investors Weigh Rising Supplies
Oil prices edged down on Friday as investors weighed rising supplies from major producers and the impact on fuel demand from the COVID19 pandemic. Brent crude futures for June edged down 12 cents, or 0.2, to 63.08 a barrel by 0731 GMT, while U.S. West Texas Intermediate WTI crude for May was at 59.59 a […]
Dollar Steadies after Week of Falls
The dollar gained slightly on Friday but was still heading for its softest week of the year after surprisingly weak U.S. jobs figures the previous day and ongoing loose Federal Reserve policy prompted investors to trim their bets. The dollar is on track for a nearly 1 weekly fall against a basket of major currencies, […]
Sterling Stabilises, Set for Biggest Weekly Fall since Sept
Sterling steadied on Friday, having touched a twomonth low against the dollar in early London trading, and was set for its biggest weekly drop against the euro so far this year, hurt by profittaking after a strong first quarter. The pound had its best quarter against the euro since 2015 in the first three months […]
Copper (HG) Price Outlook Remains Bullish
Copper appears poised to make another run soon, possibly trading to the 2011 record highs.
Dirty clients risk being dumped in HSBC’s green push
Bank said it could drop customers to meet climate goals and pledged $1 trillion towards net-zero funding.
Canadian Dollar Forecast: USD/CAD Probing Resistance With Jobs Data on Tap
The Canadian Dollar is at risk of losing further ground against its US counterpart if upcoming employment data disappoints market participants.
Thematic ETFs’ fees overshadowed by wide performance dispersion
Performance among thematic exchange-traded funds can vary widely, outweighing relatively minor differences in fees and emphasizing the importance of product selection.