Market Update

Markets witnessed a quiet Asian session today. The Nikkei index rose 0.25 percent to close at 28,892.69 points, after falling about 1.2 percent earlier in the session. The index increased during the week by 0.3 percent. The broader Topix index also increased and closed up 0.08 percent at 2001.18 points. …

Japanese shares rose slightly on Friday as optimism about the performance of domestic companies outweighed investor caution ahead of the country’s general elections. The Nikkei index rose 0.25 percent to close at 28,892.69 points, after falling about 1.2 percent earlier in the session. The index increased during the week by …

Corporate earnings released Thursday impacted the financial markets which closed the U. S. session’s transactions with significant shift of the assets. Traders are eying the fluctuations caused by U. S. inflation reports and economic data, statements by the European Central Bank Christine Lagarde as well as developments in the negotiations …

The Bank of England has told banks and insurance companies that it will impose its powers to crack down on them if they default to manage climate risks.The central bank begins to review a potential introduction of capital requirements linked to unsustainable assets.The Bank said on Thursday it would take …

“Monetary policy has largely run its easing course globally,” said Reserve Bank of New Zealand (RBNZ) Governor Adrian Orr during early Friday morning in Asia. “We are now entering a different environment for rates, inflation”, added Orr. NZD/USD remains on the front-foot, backed by the broad US dollar weakness, despite …

The NZD/USD pair has advanced as the New York session end. It has leaped up 0.43%, trading at 0.7198. Market sentiment is positive, portrayed by U. S. equity indices finishing in the green zone, with gains between 0.68% and 1.15%. The US Dollar Index, which tracks the USD’s performance against …

Amazon shares fell more than 4% in extended trading on Thursday after the company reported weaker-than-expected results for Q3 and delivered disappointing guidance for the critical holiday period.Earnings amount to $6.12 versus $8.92 per share estimates. Revenue is $110.81 billion vs $111.6 billion estimates.Amazon is facing decelerating sales growth as …

Apple reported earnings after the close on Thursday. Earnings per share came in at $1.24 versus the estimate of $1.24. Revenue came in at $83.36 billion versus the estimate of $84.85 billion. Apple fell over 4% in extended trading. Apple stock is trading at $146.7 in the aftermarket for a …

U.S. economic growth decelerated in the third quarter of 2021, as consumer spending slowed amid a resurgence in new COVID-19 cases and as government assistance payments decreased.Gross domestic product has grown at a 2% annual rate during the three months through September, the weakest of the recovery, according to an …

The United States is the land of opportunity, where anyone with an idea can bring it to market. This philosophy has fueled the growth and prosperity of America and made the U.S. the global leader of innovation.America’s economic success is being threatened by proposals in Congress that will make creating …