General

McDonald’s, the fast-food company, reported adjusted earnings per share of $2.37, missing a forecast of $2.11 by Refinitiv in its fiscal third quarter. On Wednesday, July 28, the company added adjusted revenue of $5.89 billion, versus the $5.6 billion forecasts. The fast-food giant reported that its second-quarter net income was …

The Reserve Bank of New Zealand’s Monetary Policy Statement is out.  RBNZ leaves the official cash rate unchanged at 0.25% as expected The Reserve Bank will halt additional asset purchases under the Large Scale Asset Purchase (LSAP) programme by 23 July 2021. The Committee will keep the Official Cash Rate (OCR) …

Twitter shares plunged more than 10% in post-close trading Thursday April 29, after the company released its first-quarter earnings, beating user growth expectations and providing less revenue guidance for the second quarter than expected. The company achieved an adjusted profit of 16 cents per share, compared to expectations of 14 …

Inflation in New Zealand increased during the first quarter (Q1) of the year, increasing the signals that the Reserve Bank of New Zealand (RBNZ) could maintain interest rates for some time. The consumer price index (CPI) rose by 1.5% during Q1 of 2021 on an annual basis, according to data …

Official data revealed on Wednesday that UK inflation rose more than expected in December as transport costs such as airline tickets pushed it higher. The Office for National Statistics said the consumer price index rose 0.6% year-on-year after a 0.3% increase in November. A Reuters poll of the opinions of …

Dutch Prime Minister Mark Rutte and his government will resign over a childcare subsidy scandal that “drove thousands of families to financial ruin,” Reuters reported on Friday, according to local news agency NOS. There hasn’t yet been an official confirmation of this news at the time of press.

On the US calendar today, the US consumer inflation numbers for December are due at 13:30 GMT. The headline CPI is expected to rise by 0.4% from 0.2% in November and on an annual basis, it is expected to rise to 1.3% versus 1.2% previously. As for the core CPI …

With the tumultuous start of the new year, the US is due to publish its monthly employment report (NFP) today, Friday. The US Nonfarm Payrolls report for December is expected to show only 71,000 new jobs added, despite the unemployment rate to remain at 6.7% with an hourly wage expected …

Official data revealed that inflation in Britain slowed more than expected in November, which may reflect the Black Friday discounts, with the price of clothes and shoes falling at the highest rate in ten years. The Office for National Statistics said consumer prices rose 0.3% year-on-year after rising 0.7% in …

The positive moves continued to dominate the Dow Jones Industrial Average, as we expected, surpassing the required target mentioned in the previous report, located at 30,200, recording its highest at 30,263. On the technical side, with the index price above the previously breached resistance-into-support 30,000, in addition to the index …