Japan’s Nikkei index rose on Tuesday after the Bank of Japan increased flexibility in controlling the yield curve while maintaining its stimulus policy. The Nikkei index closed 0.53 percent higher at 30,858.85 points. The broader Topix index rose 1.01 percent. Financial sector stocks recorded the largest gains, as the insurance …
Read More »Oil rises amid supply concerns overshadowed by weak Chinese data
Oil prices rose in Asian trading on Tuesday, after falling more than three percent in the previous session, as concerns about supplies sparked by the conflict in the Middle East overshadowed weak Chinese data. By 0305 GMT, Brent crude futures for December, which expire on Tuesday, rose 36 cents, or …
Read More »McDonald’s outperformed market expectations
In the third quarter of 2023, McDonald’s, the renowned fast food company, outperformed market expectations, attaining remarkable growth in its international sales. The company’s profits surged to $3.19 per share, surpassing the anticipated $3.00 per share. Furthermore, its revenues climbed to $6.69 billion, outshining the projected $6.58 billion. McDonald’s experienced …
Read More »ExxonMobil’s profits decline despite an increase in net income
In the third quarter of this year, ExxonMobil experienced a decline in profits compared to the same period last year, as stated in the earnings report released on Monday. However, the company saw a noteworthy 15% increase in net income in the last September quarter, a boost attributed to the …
Read More »HSBC earnings exceed expectations
In the last September quarter, HSBC Bank achieved remarkable financial results, reporting net profits of $6.26 billion. This figure represented a substantial increase of 235% in profits compared to the same period the previous year, where profits stood at $2.66 billion. The surge in profits before tax deductions was equally …
Read More »Nasdaq: Negative pressure exists 31/10/2023
Oil, Crude, trading
Read More »Dow Jones trying to recover 31/10/2023
Oil, Crude, trading
Read More »CAD stable above support 31/10/2023
The previously mentioned support level at 1.3815 successfully contained the bearish momentum that emerged at the start of the last trading session. From a technical perspective, the trend is leaning towards positivity. The 50-day simple moving average continues to support the potential for an upward movement. Intraday trading maintains stability …
Read More »USD/JPY retest the target 31/10/2023
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Read More »GBP maintains negative stability 31/10/2023
Oil, Crude, trading
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