News

: Nike appoints new design chief, other executives to ‘accelerate innovation’

Nike Inc. NKE late Tuesday announced a series of executive appointments, including a new design chief, aiming to boost the brand’s appeal. The footwear and apparel retailer said that John Hoke, a 30-year Nike veteran and most recently the company’s fir...

News

14 Nov 2023

Earnings Estimates Are Falling. These Two Companies Are Shouldering the Blame.

Investors appear to be taking the shifting picture in stride, partly because much of the responsibility appears to fall on Pfizer and Merck.

News

14 Nov 2023

: Nasdaq exits correction territory, small caps see best day in more than a year

U.S. stocks closed sharply higher on Tuesday with the Nasdaq Composite notching its biggest daily percentage-point gain since April following a subdued inflation print that bolstered hopes for Federal Reserve rate cuts. The S&P 500 SPX gained 84.15 poi...

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14 Nov 2023

Market Extra: How financial conditions might play into Fed’s thinking after October’s CPI

Chip Somodevilla/Getty ImagesFinancial markets were jubilant over Tuesday’s data showing that U.S. consumer prices eased by more than expected in October, with Treasury yields plummeting on expectations the Federal Reserve will refrain from raising int...

News

14 Nov 2023

Bitcoin Drops 4% to $35K Despite Soaring Tradfi Markets, But Analysts Remain Optimistic

An unexpected slowdown in inflation sent stock and bond markets sharply higher, but crypto was left out, possibly due to declining enthusiasm about the imminent approval of a spot bitcoin ETF.

14 Nov 2023

Fake BlackRock XRP Filing Referred to Delaware Department of Justice

Delaware's Department of Justice may be investigating the fake filing made for an apparent XRP exchange-traded fund.

14 Nov 2023

Philippine Companies With Highest Dividends

Which companies in the Philippines have reported highest dividends in 2019? This is the question I’d like to answer in this article. Related: Blue chip stocks with the highest dividends 2019 What is a dividend? When you buy a stock from the Philippine ...

News

14 Nov 2023

Japanese Yen Update: Lower US CPI Tames USD/JPY, GBP/JPY Rises

CPI was the latest US data point to turn lower, following a developing trend since the softer October jobs print. The USD selloff weighs on USD/JPY while GBP/JPY eyes resistance

Forex

14 Nov 2023

As Rent Rises Cool, So Will Inflation

The Labor Department’s measure of shelter inflation has come down a lot, but it has a lot further to go.

News

14 Nov 2023

‘What the Hell Is Going On at the FDIC?’ Lawmakers Grill Agency Chairman

Martin Gruenberg told a Senate panel he is “deeply troubled” by accounts of alleged harassment and a toxic culture within the bank regulator.

News

14 Nov 2023

Home Depot Looks to Pros for Shelter

High interest rates are affecting demand for the most expensive renovation projects, but the retailer is courting the people most likely to get that work.

News

14 Nov 2023

US Inflation Report Sends the Dollar Tumbling.

US Inflation Report Sends the Dollar Tumbling.

Forex

14 Nov 2023

US Crude Ticks Up After US CPI, Holds Most OPEC-Inspired Gains

OPEC and the IEA have both upped their oil-demand forecasts while US inflation report bolsters hopes that rates will stay on hold

Forex

14 Nov 2023

US Inflation Cools to 3.2 % in October, US Dollar Sinks but Gold Gains

U.S. headline CPI eased to 3.2 % year-on-year in October, down from September’s 3.7%, a slow but welcome directional improvement for the Fed, which targets an inflation rate that averages 2.0% over time.

Forex

14 Nov 2023

Gold (XAU/USD) – Sitting on Technical Support as US Inflation Report Nears

The latest US inflation report will be released later in the session and is expected to show that price pressures are easing. Will this be enough to send gold back towards $2,000/oz?

Forex

14 Nov 2023

Euro Update: EUR/USD and EUR/JPY Could Stand to Benefit This Week

The euro attempts to grind higher in a week filled with Fed speakers and the potential for a continuance of softer US data (CPI, retail sales). Yen depreciates further

Forex

14 Nov 2023

Marvel’s Bomb Won’t Blow Up Hollywood’s Formula

Movie audiences are tiring of overused franchises, but the blockbuster success of “Barbie” and “Super Mario” demonstrates the value of familiar properties.

News

14 Nov 2023

Monetary Board Cancels BSP Registration to Operate as Money Service Business (MSB) with a Type “A” Remittance Agent (RA) with Money Changing/Foreign Exchange Dealing (MC/FXD) operations of AGUINALDO NETWORK INTERNATIONAL INC.

PDate: 11/14/2023
Content: The Monetary Board, in its Resolution No. 1207.A dated 14 September 2023, has approved the cancellation of BSP registration of AGUINALDO NETWORK INTERNATIONAL INC. as MSB with a Type "A” RA with MC/FXD operations pursua...

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14 Nov 2023

Glencore-Led Group to Buy Teck’s Coal Business

The deal, which values the business at around $9 billion, would cap a lengthy saga and be one of the biggest in mining this year.

News

14 Nov 2023

Dow, Nikkei 225 and CAC 40 Gains Slow ahead of US Inflation Data

Indices have turned cautious as the key event of the week, US consumer price inflation, looms large on the calendar today.

Forex

14 Nov 2023

Bullish CAD: Crude Oil & US CPI Key Factors

USD/CAD prices could be looking to decline as both fundamentals and technical factors could point to a pullback.

Forex

14 Nov 2023

How To Interpret P E Ratio Of Philippine Company Stocks

In stock investing and in value investing in the Philippines, we know that the market goes up and down. When it is up, the prices of stocks rise and it’s pretty tricky to find ones that are inexpensive. When it is down, the prices of stocks goes down t...

News

14 Nov 2023

PSE posts 9M23 net income of P575.65M

The Philippine Stock Exchange, Inc.’s (PSE) net income for the January to September 2023 period reached Php 575.65 million, up by 19.9 percent in the same period a year ago, due to gains in financial investments. The company’s operating revenues, on the other hand, slid by 8.7 percent to Php 1.10 billion from Php 1.20…

News

14 Nov 2023

UK Unemployment and Upside Wage Pressures Dominate Jobs Report

GBP prices rallied despite a fall in employment change as unemployment and average earnings stole the show. Pound remains bid.

Forex

14 Nov 2023

The Trillion-Dollar Win Hiding in Your Mortgage

Old fixed-rate loans rank as highly valuable assets after the surge in interest rates.

News

14 Nov 2023

US Dollar Setups Before US CPI: USD/JPY, GBP/USD, AUD/USD, Volatility Up Ahead

This article explores pivotal technical levels for USD/JPY, GBP/USD and AUD/USD that may act as support or resistance following the October U.S. inflation report due for release on Tuesday.

Forex

13 Nov 2023

BSP Kicks Off 2023 Fin-Ed Congress

PDate: 11/14/2023
Content: The Bangko Sentral ng Pilipinas (BSP) kicks off today the 2023 Financial Education Stakeholders (Fin-Ed) Congress, themed "Unlocking Financial Freedom through Holistic Financial Empowerment” at the SMX Convention Center...

News

13 Nov 2023

US Inflation Preview: How Will Gold Price, EUR/USD, Nasdaq 100 React to CPI Data?

This article discusses possible scenarios for gold prices, EUR/USD and the Nasdaq 100 that may develop following the release of the October US inflation report. The piece also examines key technical levels worth watching in the short term.

Forex

13 Nov 2023

Shareholders Equity The Book Value Of Ph Companies

In the previous article, I talked about P/E ratio and how it provides an understanding of stock price in relation to its earnings. That article concluded that while it is helpful in determining if a stock is overpriced or not, it may not be wise to rel...

News

13 Nov 2023

S&P 500 to be Weighed Down by Potential Government Shutdown

Risk sentiment can be positively impacted by softer inflation and retail sales data but the threat of another potential US government shutdown poses a major challenge

Forex

13 Nov 2023