Asian stocks slide ahead of US inflation update Asian stock markets are lower ahead of a U.S. inflation update that traders worry might lead to more interest rate hikes The Independent UK · Feb 13, 2023
The Best Way To Short The Most Shorted Stocks Manic melt-up in most shorted stocks like CVNA,W, and MSTR has finally found some semblance of sanity with a sell-off. StockNews.com · Feb 12, 2023
3 Key Signs for the Week Ahead Unfortunately, we're back to our ol' 2022 pattern of "wait and see," where the S&P 500 (SPY) kind of churns sideways until the next big CPI report or Fed meeting. But there are three things I'm watching for over the next few weeks. Read on to find out what they… StockNews.com · Feb 11, 2023
Up More Than 40% This Year, Is Shopify Stock a Buy? Canadian e-commerce major Shopify’s (SHOP) shares have gained more than 40% this year on the news of hiking prices for its plans. With inflation remaining high and the Fed open to raising interest rates beyond its predicted range, is the stock a buy now? Read on to learn our view…. StockNews.com · Feb 10, 2023
UK ‘not out of the woods yet’ after economy dodges recession by a whisker; Russia cuts oil output – as it happened Latest GDP report shows that UK economy flatlined in final quarter of last year, while Russia is to cut oil production over Western price caps The Guardian - UK · Feb 10, 2023
2 Blue Chip Stocks to Watch in February 2023 Although inflation has slowed, the job market remains tight. Fed Chair Powell has warned of higher-than-anticipated rate hikes if the situation persists. This is expected to keep the stock market volatile in the upcoming months. Amid this backdrop, investors could look to add fundamentally strong blue chip stocks PepsiCo (PEP)… StockNews.com · Feb 9, 2023
FTSE 100 Live: Unilever price warning, AstraZeneca and BAT post results Blue-chip companies Unilever, AstraZeneca and British American Tobacco today lead a busy session for end-of-year corporate earnings. Evening Standard · Feb 9, 2023
3 Winning Stocks to Buy No Matter What the Market Does Continuing improvements in economic indicators reflect that the U.S. economy is resilient amid the weak earnings forecasts. However, since the market is expected to remain under pressure for some time, it could be wise to add winning stocks, Oracle Corp. (ORCL), CVS Health (CVS), and Halliburton (HAL), to your portfolio.… StockNews.com · Feb 8, 2023
Asian shares mixed after Wall St gains on Fed chair comments Shares are mixed in Asia after stocks rallied on Wall Street following comments by the chair of the Federal Reserve signaling that last week’s stunningly strong jobs report won’t by itself sway its stance on interest rates hikes The Independent UK · Feb 8, 2023
FTSE 100 Live: Blue-chip index sets new record, Barratt green shoots London’s FTSE 100 index has set a fresh record after risk appetite was boosted by strong trading for US markets last night. Evening Standard · Feb 8, 2023
ASX closes higher as traders prepare for more rate hikes to come and companies report mixed half year results — as it happened Equity traders added back almost as much as was wiped off the ASX yesterday, following that ninth hike by the RBA, as more companies reported their earnings. Catch up on the day's financial news and insights from our specialist business reporters on our live blog. ABC News · Feb 7, 2023
Saudi Arabia Increases Price for Arab Light Crude to Asia Saudi Arabia, the world's top oil exporter, raised prices for its flagship crude for Asian buyers for the first time in six months amid an expectation of oil demand recovery, especially from China, according to Reuters. Informed sources reported Monday that the official selling price (OSP) of Arab Light crude,… Asharq Al-Awsat · Feb 7, 2023
The ASX falls after the Reserve Bank of Australia delivers its ninth interest rate hike in a row - as it happened The RBA has lifted the cash rate target to 3.35 per cent, up another 25 basis points, as it keeps trying to squeeze inflation out of the system. ABC News · Feb 6, 2023
The Most Active Stocks to Buy on Wall Street This Week Amid concerns that an estimate-beating labor market tightness may embolden the Fed to keep pushing interest rates upward, fundamentally strong stocks Pfizer (PFE), Verizon (VZ), and AT&T (T) have deservedly found takers on Wall Street. Read on…. StockNews.com · Feb 6, 2023
StockNews.com · Feb 6, 2023 3 Penny Stocks to Buy This Week for Under $1 Despite inpouring favorable macro data, the Federal Reserve is anticipated to continue rate hikes at a slower pace until its 2% inflation target is achieved. With experts expecting a recession in the near term, investors can scoop up quality, inexpensive penny stocks trading under $1, VEON Ltd. (VEON), Gran Tierra…
Evening Standard · Feb 6, 2023 FTSE 100 Live: Blue-chip index under pressure after record close BP today racked up an annual profit of $27.6 billion (£23 billion), more than double the previous year’s haul after a surge in oil and gas prices.
The Guardian - UK · Feb 6, 2023 UK interest rates likely to rise again, says BoE’s Mann; UK housebuilding falls; FTSE 100 drops from record high – as it happened The next step in Bank Rate is still more likely to be another hike than a cut or hold, says Bank of England policymaker Catherine Mann
AAP · Feb 6, 2023 ASX drug companies applaud TGA's psychedelic ruling Shares in Little Green Pharma and Emyria are up by more than 40 per cent as both announce plans to take advantage of Australia's "world-leading" drug decision.
ABC News · Feb 5, 2023 ASX slips despite Newcrest takeover boost as traders worry about interest rate rises — as it happened The ASX followed Wall Street's interest-rate-inspired decline, despite receiving a big boost from takeover target Newcrest. See how the day's events unfolded with insights from our business reporters and market experts.
WEKU · Feb 5, 2023 It's nothing personal: On Wall Street, layoffs are a way of life Big companies such as Amazon and Google have recently announced layoffs. On Wall Street, getting cut is always acknowledged as an ever-lurking prospect — but it still stings when it happens.
Asharq Al-Awsat · Feb 5, 2023 Saudi Energy Minister Calls for Trusting OPEC+ Saudi Energy Minister Prince Abdulaziz bin Salman reiterated on Saturday that OPEC+ does not interfere in politics. "We are a responsible group of countries, we do take policy issues relevant to energy and oil markets in a total silo and we don't engage ourselves in political issues," the prince said.…
Bangkok Post · Feb 4, 2023 Time to focus on undervalued shares The SET Index looks likely to advance this month with an expected trading range between 1,700 and 1,720 points, potentially marking the year’s high. In addition to earnings and dividend plays, investors are cheering the Chinese reopening, which should bode well for earnings growth.
The Independent UK · Feb 3, 2023 FTSE 100 hits record high as recession fears ease Index tops previous high set in 2018
The Guardian - UK · Feb 3, 2023 Slowing economic growth and a FTSE record high can coexist – here’s how The blue-chip Footsie has closed at an all-time high while the UK’s economy is set to shrink
StockNews.com · Feb 3, 2023 2 Nasdaq Stocks to Buy Like There's No Tomorrow After a brutal sell-off last year, the Nasdaq Composite index has started this year on a positive note. Moreover, easing inflation and the Fed’s smaller rate hike have rekindled optimistic market sentiments. Given this backdrop, investors should buy fundamentally sound Nasdaq stocks PepsiCo (PEP) and Comcast (CMCSA) like there’s no…