Forex Trade Time

Risk Warning: Trading in the foreign exchange (Forex) market carries high risks as it involves trading on margin, and this type of investment may not be suitable for all investors.

US SEC expected to deny spot ether ETFs next month, industry sources say :

  #usaissuers and other firms expect the Securities and Exchange Commission to deny their applications to launch #exchange-traded funds (#ETFs) tied to the price of ether after discouraging meetings with the agency in recent weeks, four people said. #VanEck, ARK Investment Management and seven other issuers have filed with the SEC to list ETFs that

US SEC expected to deny spot ether ETFs next month, industry sources say : Read More »

wall street

US stock futures sink after weak Meta guidance; GDP data due :

#usastock index futures fell Thursday, with heavyweight technology #stocks seeing renewed weakness after disappointing second-quarter guidance from #Facebook-owner Meta Platforms (NASDAQ:#META), ahead of the release of key growth data. At 06:25 ET (10:35 GMT), #DowJones Futures fell 130 points, or 0.3%, S&P 500 Futures fell 27 points, or 0.5%, and #Nasdaq 100 Futures slid 145 points, or 0.8%.  #Meta slumps, drags

US stock futures sink after weak Meta guidance; GDP data due : Read More »

#Barclays Q1 #profit falls 12% as #trading slump hits :

#Barclays reported a slightly smaller than expected 12% fall in first_quarter #profit on Thursday, boosting confidence among investors that its turnaround task was on track despite lower income from trading and sluggish mortgage demand. The #British_bank reported pretax profit for the January-March period of 2.3 #billion pounds ($2.84 billion), down from 2.6 billion pounds a

#Barclays Q1 #profit falls 12% as #trading slump hits : Read More »

Deutsche Bank quarterly profit jumps 10% as investment bank outperforms :

#Deutsche_Bank posted on Thursday a better-than-expected 10% increase in first-quarter profit as a resurgence in fixed-income trading and deal-making propelled revenue at its #investment banking division. The gains mean investment banking was able to reclaim its position as #Deutsche’s biggest breadwinner from its giant retail division that had recently benefited from higher interest rates but

Deutsche Bank quarterly profit jumps 10% as investment bank outperforms : Read More »

Meta earnings, IBM to acquire HashiCorp, U.S. GDP ahead – what’s moving markets :

#usastock futures retreat on Thursday, with markets focusing on results from #Facebook-owner Meta Platforms (NASDAQ:#META) and upcoming numbers from other mega-cap technology groups. #IBM unveils mixed first-quarter earnings and announces that it will acquire cloud software firm #HashiCorp (NASDAQ:#HCP) in a $6.4 billion deal. Elsewhere, the U.S. economy is expected to have slowed in the

Meta earnings, IBM to acquire HashiCorp, U.S. GDP ahead – what’s moving markets : Read More »

Anglo American says it received unsolicited buyout proposal from BHP :

#British_ multinational miner #AngloAmerican (JO:#AGLJ) said on Thursday it “received an unsolicited, non-binding and highly conditional combination proposal” from global mining giant #BHPGroup (NYSE:#BHP). #London-listed Anglo #American, which owns 85% of De Beers diamond business, had a market capitalisation of $36.71 #billion as of Wednesday’s close, according to LSEG data. In a statement, Anglo American

Anglo American says it received unsolicited buyout proposal from BHP : Read More »

South Korea Q1 GDP growth beats all estimates, puts policy easing in doubt :

#SouthKorean #economy #grew at the fastest pace in more than two years in the first quarter on robust exports, beating all estimates and fuelling #market expectations that the Bank of Korea would delay cutting interest #rates. Gross domestic product (#GDP) for the January-March quarter was 1.3% higher than the preceding three months on a seasonally

South Korea Q1 GDP growth beats all estimates, puts policy easing in doubt : Read More »