Author: FX
A weekly summary of insider trading highlighting notable buying and selling by investors, directors and executives. The trades have taken place between September 30 and October 4, 2024. • Nvidia (NASDAQ:NVDA) said in a filing that its Director, Mark Stevens sold Source link
(Reuters) -Nations worldwide have begun to evacuate citizens from Lebanon after a dramatic escalation in the conflict between Israel and the Lebanese armed movement Hezbollah, backed by Iran. People are also fleeing on their own. Here are details of evacuations or plans to evacuate: AUSTRALIA Australia started evacuating its nationals from Lebanon via Cyprus on Saturday. Some 229 people arrived on the east Mediterranean island on a commercial airline chartered by Australia at about midday local time, with a second flight scheduled later Saturday. More flights could be expected based on demand, Australian and Cypriot officials said. BELGIUM Belgium’s foreign…
Investing.com — BCA Research told investors in a recent note to take a cautious approach toward the recent rally in the real estate sector, which has been the best-performing sector in the , with distressed sectors like Office REITs leading the charge. However, BCA analysts warn that this momentum may not be sustainable. While real estate’s dividend yield appears attractive amid falling interest rates, BCA says several challenges that could impact the sector. “REITs will struggle if economic growth falters despite rate cuts,” the note explains. BCA explains that historically, REITs tend to outperform just before the first rate cut…
By Gram Slattery and Alexandra Ulmer FAYETTEVILLE, North Carolina (Reuters) -Donald Trump campaigned in North Carolina on Friday for the fourth time in a month, as the Republican presidential candidate tries to firm up support in a state he was handily leading a few months ago but is now among the most competitive in the race. The former president’s visit to Fayetteville, home to a large military community, came as the state has been convulsed by literal and political storms. Once-in-a-generation floods triggered by Hurricane Helene killed dozens in the state’s western mountains, while the Republican candidate for governor has…
The ever-dynamic world of forex trading thrives on a constant dance between trends and consolidation phases. Discerning the market’s direction and capitalizing on its momentum is a crucial skill for aspiring and seasoned traders alike. This is where technical analysis tools like the ADX Channel MT4 Indicator come into play, offering valuable insights to navigate the market’s ebb and flow. In this comprehensive guide, we’ll delve into the intricacies of the ADX Channel indicator, empowering you to unlock its potential for more informed trading decisions. We’ll explore its core functionalities, delve into its interpretation, and uncover effective strategies to leverage…
Palantir Technologies (NYSE:) Inc., known for its specialized software services, has recently made a significant investment in Surf Air Mobility Inc., an air transportation company. The transaction, which took place on October 2, 2024, involved Palantir acquiring 1,270,869 shares of Surf Air Mobility Inc. at a price of $1.2479 per share, amounting to a total investment of over $1.58 million. This purchase reflects a strategic move by Palantir Technologies, as it increases its stake in the company to 2,730,166 shares. The acquisition of these shares was part of a commercial arrangement where Palantir was entitled to receive shares or cash…
The market spotlight was mostly on U.S. jobs-related data but geopolitical headlines also stole the show & spurred a bunch of risk-off moves early on. Source link
Geopolitical headlines took center stage for the most part of the week, pushing crude oil prices around and even influencing overall market sentiment. Investors appeared to be concerned about contagion risks and oil production constraints stemming from worsening tensions in the Middle East, triggering a flight to safe-havens like gold and the U.S. dollar while also propping energy prices higher on global supply concerns. Missed this week’s major headlines? We’re breaking them down for ya! This Article Is For Premium Members Only Become a Premium member for full website access, plus get: Ad-free experience Daily actionable short-term strategies…
The US September jobs report today exceeded expectations, with non-farm payrolls increasing by 254K compared to the 140K anticipated. The unemployment rate fell slightly to 4.1%, nearly reaching 4.0%, and the participation rate held steady at 62.7%. Private payrolls surged by 223K, while average hourly earnings rose by 0.4% month-over-month and 4.0% year-over-year, both above forecasts.Manufacturing payrolls dropped by 7K, an improvement over prior data. The household survey showed a gain of 430K jobs, with a notable increase in full-time employment (+631K) but a decrease in part-time jobs (-201K). The strong data diminished expectations for a Federal Reserve rate cut…
The US Dollar climbed after a bumper NFP print on Friday. US jobs additions soared in September, with upside revisions to previous months. Market hopes for a follow-up outsized rate cut in November were shattered by jobs growth. The US Dollar (USD) Index (DXY) climbed into a fifth consecutive bullish day on Friday, driven higher by better-than-expected US Nonfarm Payrolls figures. A firm showing for US jobs gains and an easing in the US Unemployment Rate have hobbled market expectations for a repeat double-cut from the Federal Reserve (Fed) in November. The US Unemployment Rate dropped back to 4.1% from…