Dollar on the defensive after jobs data, spotlight on Fed By Reuters
[ad_1] © Reuters. FILE PHOTO: U.S. Dollar and Euro banknotes are seen in this illustration taken July 17, 2022. REUTERS/Dado Ruvic/Illustration By Amanda Cooper LONDON (Reuters) – The dollar fell on Wednesday, ahead of an expected rise in U.S. interest…
FTX advisors billed the bankrupt firm for a whopping $103M in Q1 By Cointelegraph
[ad_1] The lawyers and consulting firms assisting cryptocurrency exchange FTX through its bankruptcy proceedings are set to cash in a total of $103 million over the first quarter. March saw five firms — Sullivan & Cromwell, Alvarez & Marshal, AlixPartners,…
Saudi economy edging closer to reducing dependence on oil –IMF official By Reuters
[ad_1] © Reuters. FILE PHOTO: Cars drive past the King Abdullah Financial District in Riyadh, Saudi Arabia, November 12, 2017. REUTERS/Faisal Al Nasser By Rachna Uppal DUBAI (Reuters) – Government-led reforms and the growth of private investment in new sectors…
Crude Oil Price Punished Ahead of Fed on Recession Fears. Will WTI Push Lower?
[ad_1] Crude Oil, US Dollar, Gold, Treasuries, Fed, FOMC, CAD, NOK – Talking Points Crude oil has continued lower on concern of a US economic slowdown US banks are still in focus with some reginal names under the pump All…
Asian stocks slide as bank rout spills over, Fed rate hike awaited By Investing.com
[ad_1] © Reuters. Investing.com– Most Asian stocks fell on Wednesday with losses skewed towards financial shares as a rout in U.S. banks spilled over, while investors also turned cautious before the conclusion of a Federal Reserve meeting later in the…
RBC Capital Maintains Vertex Pharmaceuticals (VRTX) Sector Perform Recommendation
[ad_1] Fintel reports that on May 2, 2023, RBC Capital maintained coverage of Vertex Pharmaceuticals (NASDAQ:VRTX) with a Sector Perform recommendation. Analyst Price Forecast Suggests 1.13% Downside As of April 24, 2023, the average one-year price target for Vertex Pharmaceuticals…
Oil extends losses as investors brace for more rate hikes By Reuters
[ad_1] © Reuters. FILE PHOTO: The Bryan Mound Strategic Petroleum Reserve, an oil storage facility, is seen in this aerial photograph over Freeport, Texas, U.S., April 27, 2020. REUTERS/Adrees Latif/File Photo By Laura Sanicola (Reuters) – Oil prices extended losses…
US congressmen chide presidential advisers over crypto stances in economic report By Cointelegraph
[ad_1] United States Congressmen Warren Davidson and Mike Flood have written a letter to the chair of the Council of Economic Advisers (CEA) demanding an explanation for a chapter the agency prepared for the “Economic Report of the President” that…
Starbucks sales top estimates on demand recovery in China By Reuters
[ad_1] © Reuters. FILE PHOTO: A barista serves coffee at a Starbucks flagship store in Beijing, China January 18, 2022. REUTERS/Tingshu Wang (Reuters) – Starbucks Corp (NASDAQ:) beat Wall Street estimates for quarterly comparable sales on Tuesday, powered by a…
Dollar dips as job openings fall, Fed meeting in focus By Reuters
[ad_1] 2/2 © Reuters. FILE PHOTO: Japanese Yen and U.S. dollar banknotes are seen in this illustration taken March 10, 2023. REUTERS/Dado Ruvic/Illustration 2/2 By Karen Brettell NEW YORK (Reuters) – The dollar fell Tuesday after data showed that U.S….