General

Ahead of the official storage report, U.S. natural gas future contracts slipped on Thursday due to pressures by forecasts for estimated slightly lower demand next week. The market took a breather from its recent racing ahead of the U.S. Energy Information Administration’s (EIA) weekly storage report.There has been a significant …

Oil prices have jumped over USD 2 a barrel on Wednesday, 15 September, after U. S. governmental data had showed a larger than expected drawdown in U.S. crude inventories.Expectations indicate that demand will rise as vaccination campaigns widen their scope.Crude oil prices went up today on bullish news from the …

Forex Expo announced the industry’s experts as speakers lined up for September’s financial exhibition and conference. The event will showcase expert keynote speakers, interactive panel discussions, upcoming trends in trading and investing in financial markets, exploring the great opportunities in the trading & investing space. Event organizer Michael Xuan commented, …

The Nonfarm Payrolls report is expected to show an increase of 870,000 jobs in July. Here are the forecasts by the economists and researchers of four major banks regarding NFP report. Deutsche Bank “We are forecasting that NFP will have risen by +1M in July, which would be the fastest …

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.