News

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Fri, 29 Oct 2021 12:50:40 GMT

Canadian Dollar drops on GDP release

On Friday, at 12:30 GMT, the Canadian GDP data was published. Due to being lower than forecast, the GDP data caused a Canadian Dollar drop.

Fri, 29 Oct 2021 12:28:17 GMT

Daimler publishes earnings

On Friday, Daimler published the company's quarterly earnings. The event caused a stock price surge, which propelled the stock price to its 2015 high level.

Fri, 29 Oct 2021 10:30:12 GMT

Demand increases shortages

This week, the World Trade Organization stated that the recent recovery from the coronavirus has caused a spike in demand, which is causing global goods shortages.

Fri, 29 Oct 2021 08:30:16 GMT

Fed officials face fines

The Wall Street Journal revealed this week that for breaking the recently proposed trading activity ban US Federal Reserve officials would face fines of up to 10% of a traded asset's value.

Fri, 29 Oct 2021 06:50:32 GMT

ETH reaches new ATH

During early Friday's trading hours, the price for Ethereum hit a new all-time-high level, as it reached the $4,400.00 mark

Fri, 29 Oct 2021 06:30:11 GMT

Bank of Japan comments on JPY

During the post-rate announcement conference, the Governor of Bank of Japan Haruhiko Kuroda commented that the recent decline in the Japanese Yen is not bad for the Japanese economy.

Thu, 28 Oct 2021 14:30:10 GMT

Hilton beats forecasts

Hilton Worldwide Holdings announced on Wednesday that the company had beats its quarterly revenue forecasts due to global easing of pandemic restrictions.

Thu, 28 Oct 2021 13:55:54 GMT

Plug Power reaches high level

During the first hour of Thursday's US trading, the stock price for Plug Power reached its June 2021 high level at $36.00.

Thu, 28 Oct 2021 12:39:43 GMT

US GDP causes USD volatility

At 12:30 GMT on Thursday, the US Advance GDP data for the quarter was released. The GDP grew by 2.0% instead of the forecast 2.6%.

Thu, 28 Oct 2021 12:30:10 GMT

Spotify revenues grow

On Wednesday, Spotify reported that in the last quarter its ad revenues had grown by 75% and number of premium subscribers increased by 19%.

Thu, 28 Oct 2021 12:26:05 GMT

Caterpillar beats earnings forecast

Prior to the US market open on Thursday, Caterpillar announced that the company had beat its quarterly earnings forecast by 20.65%.

Thu, 28 Oct 2021 12:16:15 GMT

Germany faces inflation

The Ifo Institute revealed this week that German consumers are set to face consumer goods inflation that would be created by supply shortages.

Thu, 28 Oct 2021 11:54:43 GMT

ECB policy remains unchanged

On October 28, the European Central Bank published its Monetary Policy Decisions. The central bank kept interest rates unchanged and revealed that it would continue its asset and pandemic purchase programs.

Thu, 28 Oct 2021 10:30:09 GMT

US regulators investigate Facebook

The Wall Street Journal revealed on Wednesday that the US Federal Trade Commission would investigate Facebook disclosures of internal company research.

Thu, 28 Oct 2021 08:46:30 GMT

Bank of Japan keeps policy unchanged

On October 28, the Bank of Japan announced its Monetary Policy. In general, the bank kept its policy unchanged, as the rate remained at -0.1% and the 10-Year JGB yield target would remain at 0.00%.

Thu, 28 Oct 2021 08:30:11 GMT

Senator comments on Fed board

US Senator Sherrod Brown revealed to the media on Tuesday that the US President Joe Biden would nominate to the board of the Fed members that would be focused on the workers of the US.

Thu, 28 Oct 2021 06:30:13 GMT

Heineken sales drop

On Wednesday, Heineken revealed that it had experienced a larger than expected decline in beer sales due to Covid-19 restrictions in Vietnam.

Wed, 27 Oct 2021 16:38:16 GMT

Alphabet hits new ATH

During Wednesday's US trading hours, the stock price for Alphabet hit a new all-time-high level at 2,973.50. The surge was caused by better than forecast quarterly earnings.

Wed, 27 Oct 2021 14:30:12 GMT

GM resumes EV production

On Tuesday, General Electric announced that the company would resume limited production of Electric Vehicles in its Michigan plant.

Wed, 27 Oct 2021 14:26:35 GMT

Bank of Canada ends Quantitative Easing

On October 27, the Bank of Canada revealed that it expects that it would hike interest rates in the middle of 2022. Moreover, the bank stated that it would end its quantitative easing program.

Wed, 27 Oct 2021 14:00:11 GMT

Twitter continues to grow revenues

Twitter reported on Tuesday that its revenues had increased by 37.00% despite the impact caused by Apple privacy updates. The market reacted to the news during Wednesday's trading hours.

Wed, 27 Oct 2021 13:06:37 GMT

Alphabet reveals record profit

On Tuesday, Alphabet announced record quarterly profits, which were attributed to high online ad revenues. The news were announced after Tuesday's market closing. Due to that reason the stock price should react at the start of Wednesday's trading at 13:30 GMT.

Wed, 27 Oct 2021 12:59:35 GMT

Microsoft earnings impact stock price

As the markets closed on Tuesday, Microsoft announced their quarterly earnings, which beat Wall Street expectations. In addition, information about the future caused a spike of the stock price prior to Wednesday's market open.

Wed, 27 Oct 2021 12:30:12 GMT

General Electric lifts forecast

General Electric revealed on Tuesday that the company would raise its 2021 earnings forecast, as the company's jet engine business had picked up.

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