Currency / Forex
Market News
Dow set to crack 23,000-mark at open for the first time
Top / Flop
Wednesday, 18 October
U.S. bankers hold onto hopes that Trump will boost profits
47m ago - NEW YORK (Reuters) - Top U.S. bankers are still hoping the President Trump's administration will make policy changes to boost profits, but made clear in public comments in recent days that they are not seeing any signs of progress so far.
U.S. dollar up, yield curve flat, on inflation; stocks rise
12h ago - NEW YORK (Reuters) - U.S. stocks rose on Tuesday after company earnings reports were better than expected, with the Dow Jones Industrial Average breaching the 23,000 mark for the first time, while the U.S. Treasury yield curve flattened and the dollar rose to a one-week high on increased inflation expectations.
COMMODITIES : Gold Is In A Dangerous Spot
4h ago - Of late, I have seen many articles postulating what moves gold up or down. We have heard all the old reasons being put forth from GDP, to a hedge against market volatility to interest rates, to the US Dollar, and many more. Unfortunately, market history simply does not support these reasons as a consistent driver of gold.
IBM beats revenue estimates; hints at sales growth
13h ago - (Reuters) - International Business Machines Corp's shift to newer businesses such as cloud and security services helped it beat analysts' quarterly revenue estimates, and the technology major hinted at sales growth after nearly six years of declines.
Boeing says Bombardier CSeries jets may face hefty duties despite Airbus deal
14h ago - MONTREAL/TOULOUSE, France (Reuters) - Boeing Co said on Tuesday that Bombardier Inc's CSeries jets could still be hit with high U.S. import duties, even if they are assembled in Alabama through an industry-changing deal with Airbus.
Today's Top Supply Chain and Logistics News From WSJ
3h ago -
Germany's top court rejects fresh challenge to ECB powers
4h ago - KARLSRUHE, Germany (Reuters) - Germany's Constitutional Court on Wednesday rejected a new request to stop the Bundesbank from taking part in the European Central Bank's 2.3 trillion euro (£2.04 trillion) asset purchase programme, leaving the case with the European Court of Justice.
Reckitt Benckiser to form two business units for better focus
6h ago - LONDON (Reuters) - Reckitt Benckiser (>> Reckitt Benckiser) plans to reorganise its business into two distinct units, one for health and the other for hygiene and home products, as it tries to improve its flagging performance.
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