Author: FX
© Reuters Investing.com– Most Asian stocks moved in a flat-to-low range on Monday as sentiment remained on edge before key economic readings this week, with Japan’s Nikkei 225 retreating from record highs. Regional markets took a middling lead-in from Wall Street, as U.S. stock indexes closed a shade lower on Friday. US stock futures also tread water in Asian trade, with a barrage of Federal Reserve speakers and inflation readings on tap later this week. Japan’s Nikkei falls from record highs Japan’s index was the worst performer in Asia, falling 0.7% as investors locked-in recent record highs. The broader index…
naumoid/iStock via Getty Images Activist investor Politan Capital Management, which already holds two seats on Masimo Corp.’s (NASDAQ:MASI) board, is planning to start another proxy fight for two more board seats at the pulse oximetry company, according to a WSJ report on Sunday, which cited people familiar. The potential board seat fight comes after Masimo (MASI) on Friday announced its board authorized management to evaluate a proposed separation of its consumer business, sending the company’s shares soaring 14% in after-hours trading. While Politan, which first reported a 9% stake in Masimo (MASI) in August 2022, supports a review of the…
The People’s Bank of China has set the mid rate for the onshore yuan nearly 13 big figures from the modelled estimate:PBOC sets USD/ CNY reference rate for today at 7.0996 (vs. estimate at 7.2267)It gave AUD a boost (AUD likes a stronger yuan compared to a weaker because it makes Australian exports to China that little bit less expensive). On Friday the PBOC set the yuan at a relatively weaker rate, fuelling speculation that it was back pedalling a little from its very strong yuan policy. The firm set today looks aimed at killing such thoughts. Also, the PBoC…
The Bank of Japan (BoJ) Board members shared their views on inflation and monetary policy outlook, per the BoJ Minutes of the January meeting. Key quotes “Members agreed on the rising likelihood of hitting the Bank’s inflation target, the prospect of doing so was gradually rising.”“Virtuous cycle of wages and inflation, if confirmed, means members would consider ending negative rates and other steps.”“Upside risks of inflation greatly overshooting to the topside has become small, according to some members.” Market reaction Following the BoJ Minutes, USD/JPY was down 0.12% on the day at 151.28 Source link
3/3 © Reuters. A Russian national flag is seen lowered on the headquarters of State Duma, the lower house of parliament, on the day of mourning, declared following a deadly shooting in the Crocus City Hall concert hall, in Moscow, Russia March 24, 2024. REUTERS/Shamil 2/3 MOSCOW (Reuters) -Russia lowered flags to half-mast on Sunday for a day of mourning and swiftly charged two suspects after gunmen killed scores of people at a concert outside Moscow in the deadliest attack inside Russia for two decades. President Vladimir Putin declared a national day of mourning after pledging to punish all those…
The Metals Company Q4 2023 Earnings Preview Source link
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iShares U.S. Financials ETF declares quarterly distribution of $0.3082 Source link
By Fabio Teixeira and Ricardo Brito RIO DE JANEIRO (Reuters) -Brazilian police arrested three people on Sunday, including a federal lawmaker, in connection with the 2018 murder of Rio de Janeiro city council member Marielle Franco and her driver, two sources at the federal police told Reuters. Federal police arrested Congressman Chiquinho Brazao, his brother Domingos Brazao, a councilor on the Rio de Janeiro state audit court (TCE), and former Rio police chief Rivaldo Barbosa, the two sources said on condition of anonymity. The police said in a statement that it was serving three arrest warrants and 12 search and seizure…
Our strategists tackled a very tough week of several major central bank events, focusing mainly on the Bank of England event and the Reserve Bank of Australia. Two out of three discussion were arguably net effective towards positive outcomes. Check out our reviews to see what happened and why we think they were likely helpful! If you’d like to follow our “Play of the Day” picks right when they are published throughout the week, you can subscribe to BabyPips Premium. On Tuesday, we observed a bearish reaction to the latest Reserve Bank of Australia (RBA) monetary policy statement, where they…