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U.S. Durable Good Orders Sharp Drop, U.S. Consumer Confidence Lower CB, Worries of High Prices and Labour, U.S. Dollar Resilience , Bitcoin SkyHigh

Previous Trading Days Events 27 Feb 2024 Reports on U.S. durable good figures show that orders fell by the most in nearly four years in January, while business investment in equipment appeared to have eased, signs that the economy lost momentum at the start of the year. The report on consumer confidence shows that Americans […]
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Sterling Rise Runs Out of Steam on Cautious Risk Picture

LONDON, Feb 28 Reuters The British pound slipped against the stronger dollar, its first daily drop against the U.S. currency in seven trading days, with investors avoiding risks before key inflation data that could determine when central banks begin easing policy. Thursday brings the release of the U.S. personal consumption expenditures price index for January, […]
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Gold Prices Steady as Lower Yields Counter Stronger Dollar

Technicals indicate spot gold may retest support at 2,025oz Nine Fed officials due to speak this week PCE inflation data due Thursday Feb 28 Reuters Gold prices steadied on Wednesday, as lower U.S. Treasury yields partially offset a firmer dollar, while traders awaited key inflation data and remarks from Federal Reserve officials this week to […]
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Just Eat Takeaway sees nearly 40 Jump in 2024 Core Profit

Feb 28 Reuters Just Eat Takeaway on Wednesday forecast a nearly 40 jump in its 2024 core earnings, ahead of expectations, banking on strong growth in its key British and Irish markets boosted by better delivery efficiency and simplified delivery operation. Food delivery firms have been struggling to shift to stable profitability amid rampant customer churn […]
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Kedaara Close to Raising 1.7B for Indias Biggest PE Fund, Sources

Kedaara is run by Temasek, General Atlantic executives New fund backers include Cleveland Clinic sources Existing backers include Canadian, Singapore investors MUMBAI, Feb 28 Reuters Kedaara Capital is set to raise 1.7 billion for what would be India39;s biggestever private equity fund, two people with direct knowledge of the matter said, highlighting huge interest in […]
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