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US open: Tesla drives tech stocks higher & Q4 GDP beats

Tesla posts record quarterly results, reviving tech after Microsoft's hit. US Q4 GDP bears forecasts but consumer spending falls short.

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US open: Stocks falls as earnings roll in & MSFT disappoints

Microsoft posts the slowest revenue growth in 6 years and warns of further weakness to come. The Nasdaq falls over 1% driven lower by tech jitters.

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January 25, 2023 01:12 PM
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US open: Stocks edge lower with earnings, PMI data in focus

US stocks are set to open lower as earnings ramp up and ahead of US PPI data, which is expected to fall further.

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January 24, 2023 01:56 PM

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US open: Stocks rise on earnings optimism & Fed rate hike slowdown bets

US stocks are set to open modestly higher amid optimism surrounding earnings & as the Fed is expected to slow the pace of rate hikes.

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January 23, 2023 02:03 PM
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US open: Dow falls, tech rises after Netflix impresses

Netflix smashed estimates reporting 7.66 million subscribers, helping tech stocks higher. Across the week the three indices are set to fall amid ongoing recession fears.

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January 20, 2023 01:53 PM
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US open: Stocks fall on lingering recession fears

Stocks selloff for a second day as recession fears linger. US jobless claims show resilience in the labour market.

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January 19, 2023 01:58 PM
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US open: Futures mixed after bank earnings, China GDP

US stocks are set to open in a quiet manner after the long weekend and as investors digest the latest banks' earnings and China GDP data.

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January 17, 2023 01:51 PM
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US open: Stocks rise cautiously ahead of inflation report

US stocks push higher in cautious trade ahead of the US CPI report which is expected to show inflation cooled further.

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January 12, 2023 01:12 PM
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US open: Stocks edge higher ahead of tomorrow's inflation report

Stocks rise, adding to yesterday's gains as investors await tomorrow's key CPI report, which is expected to show inflation falling further.

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January 11, 2023 01:43 PM
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US open: Stocks fall ahead of Powell's speech

Hawkish Fed comments yesterday and cautious trade ahead of Powell's speech today weigh on stocks.

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January 10, 2023 01:59 PM
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US open: Stocks rise cautiously after steep losses last week

US stocks edge modestly higher amid a quiet start to the final full trading week of the year.

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December 19, 2022 01:32 PM
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US open: Stocks selloff on hawkish central banks

Stocks extend the selloff as hawkish guidance from the ECB adds to the Fed gloom.

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December 15, 2022 02:10 PM

FOMC meeting recap: Powell presser poses more questions than answers

The Fed Chairman isn’t yet willing to entertain a pause in rate hikes or the prospect of rate cuts in 2023, though he continues to emphasize the central bank’s data dependence...

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December 14, 2022 08:15 PM
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US open: Stocks slip in cautious trade ahead of the FOMC rate decision

Stocks are edging lower as investors look ahead to the Federal Reserve rate decision and attempt to gauge whether inflation has cooled sufficiently for the US central bank to adopt a more dovish stance.

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December 14, 2022 01:57 PM
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US open: Stocks jump after inflation cools by more than forecast

US stocks surge as CPI and core CPI cool paving the way for a less hawkish Federal Reserve.

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December 13, 2022 02:30 PM
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US open: Stock fall after hotter than forecast core PPI

Futures reverse earlier gains after core PPI came in ahead of forecasts, raising questions over the extent to which the Fed can ease back on its hawkish stance.

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December 9, 2022 01:52 PM
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US open: Stocks rise and USD drops as core PCE cools

US stocks are rising, building on yesterday's strong gains after core PCE eased to 5% YoY, down from 5.2%.

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December 1, 2022 01:55 PM

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European Open: USD to regain strength after hawkish Fed comments?

The dollar caught a bid following hawkish comments from two Fed members late in the US session, which leaves the potential for a follow-through today.

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November 18, 2022 04:49 AM
Bank notes of different currencies

What is the oldest currency in the world?

The British pound has been used as England’s central currency for over a thousand years. Read about its evolution from a coin literally weighing one pound to the banknotes common today. We also rank the next three oldest major currencies: the yen, ruble and dollar.

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US open: Stocks fall as investors re-assess the Fed's outlook for hikes

Stronger than expected earnings from retailers and hawkish Fed comments force investors to re-assess the Fed's ability to slow rate hikes quickly.

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November 17, 2022 02:00 PM
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US open: Stocks fall after Waller's warning

Stocks point to a softer open after hawkish comments from Fed Governor Christopher Waller remind the market that inflation is still high and that there is still work to be done.

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November 14, 2022 01:55 PM
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European Open: USD drags itself up from its lows, Biden - Xi in focus

The dollar selloff with given a reprieve overnight following hawkish comments from Fed member Christopher Waller.

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November 14, 2022 04:58 AM
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US open: Stocks extend the post inflation rally

US stocks are heading higher on follow through buying after yesterday's inflation report.

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November 11, 2022 02:40 PM