Category: Markets

Gold prices were slightly lower on Monday as risk sentiment improved in equity markets following a pledge by Chinese officials to roll out more stimulus measures for the country’s beleaguered property sector. That said, a weaker dollar and dovish Fed bets lent some support at lower levels. Spot gold slipped 0.1 percent to $1,978.54 per […]

Save articles for later Add articles to your saved list and come back to them any time. The corporate watchdog has put Australia’s $3.5 trillion superannuation industry on notice and flagged its intention to crack down on misconduct in the sector over coming months. The Australian Securities and Investment Commission on Wednesday detailed its regulatory […]

Gold prices fell sharply on Friday amid concerns about interest rates after hawkish comments from top officials from Federal Reserve, European Central Bank and the Bank of England. The dollar rebounded in the New York session, hurting the yellow metal. The dollar index, which dropped to 105.74, rallied to 106.01 and despite a couple of […]

Save articles for later Add articles to your saved list and come back to them any time. Investment behemoth Macquarie Group has taken a hit to earnings in the first half amid calmer commodity markets and a softer performance from its flagship asset management business. Macquarie on Friday posted a first half net profit of […]

Gold prices dropped on Wednesday as the dollar extended its uptick ahead of the Federal Reserve’s monetary policy announcement. The U.S. central bank is widely expected to leave interest rates unchanged. The focus is on the accompanying statement for clues about the outlook for rates. At the press conference following the rate decision, Chair Jerome […]

Companies with ample cash on their balance sheets boast a flexible nature, as they’re better equipped to weather a potential economic downturn, can capitalize on growth opportunities, and provide investors with peace of mind. After all, cash is king. And when it comes to stacking cash, three companies – Tesla TSLA, Alphabet GOOGL, and Apple […]

The Zacks Film and Television Production and Distribution industry is benefiting from a spike in demand for digital entertainment, fueled by limited capacity and operational limitations in movie theaters, theme parks and cruise lines. Increased consumption of media, music and news over the web, triggered by the work-and-learn-at-home wave, has been a key catalyst for […]

Treasuries saw substantial weakness during trading on Tuesday, extending the sharp pullback seen over the course of the previous session. After an early move to the downside, bond prices moved steadily lower for much of the rest of the day. Subsequently, the yield on the benchmark ten-year note, which moves opposite of its price, spiked […]

Since 2000, only two years have had fewer Initial Public Offerings (IPOs) than the present year, and they both followed the Great Recession of 2007. Year-to-date, 117 IPOs launched in the US market, far from the 2021 peak of 1035 IPOs. This coincides with the Federal funds rate, as the flatlined period between 2020 and […]

The futures traded lower on Thursday, after another wild trading day on Wednesday that saw all the major indexes rally back from an early hole after closing at the lowest since March in the previous session. By the close, only the venerable Dow Jones industrials finished the session lower. Stocks initially rolled over with the […]