Author: FX

Warning: SXYAY is at high risk of cutting its dividend Source link

© Reuters. FILE PHOTO: A Chinese flag flutters near a Huawei store in Shanghai, China September 8, 2023. REUTERS/Aly Song/File Photo BEIJING (Reuters) – Huawei has joined with Chinese carmaker Chongqing Changan Automobile to set up a company engaged in the research and development, design, and sales of intelligent automotive systems and component solutions, according to a Sunday filing on the Shenzhen Stock Exchange. “The two parties will jointly support the target company to become an industry leader in automotive intelligent systems and component solutions based in China,” the filing from Changan Auto said. Source link

5/5 © Reuters. Hostages who were abducted by Hamas gunmen during the October 7 attack on Israel, wave as they are handed over by Hamas militants to members of the International Committee of the Red Cross, as part of a hostages-prisoners swap deal between Hamas and Israe 2/5 By Nidal al-Mughrabi and Maayan Lubell GAZA/JERUSALEM (Reuters) -Thirteen Israelis and four Thai nationals arrived in Israel on Sunday in the second release of hostages from Hamas captivity in exchange for Palestinian prisoners in a deal briefly endangered by a dispute about aid delivery into Gaza. Although overcome by the mediation of…

In the fast-paced world of financial markets, traders rely on various tools and indicators to make informed decisions. One such tool that has gained significant popularity among MetaTrader 5 (MT5) users is the Symbol Changer MT5 Indicator. This indicator, often overlooked by beginners, can be a game-changer for experienced traders looking to gain an edge in the market. In this article, we will explore what the Symbol Changer MT5 Indicator is, how it works, and why it should be a part of every trader’s toolkit. Understanding the Symbol Changer MT5 Indicator What is the Symbol Changer MT5 Indicator? The Symbol…

TUE: EZ M3 (Oct), US Richmond Fed (Nov).WED: RBNZ Policy Announcement; German Prelim. CPI (Nov), UK Mortgage Approvals/Lending (Oct), EZ Economic Sentiment (Nov), US GDP 2nd (Q3).THU: Chinese NBS PMIs (Nov), German Retail Sales & Import Prices (Oct), Swiss KOF (Nov), German Unemployment (Nov), EZ HICP Flash (Nov), US PCE Price Index & Personal Income/Consumption (Oct), IJC (20 Nov w/e), Canadian GDP (Q3).FRI: Swiss GDP (Q3), EZ/UK/US Final Manufacturing PMI, Canadian Jobs Report (Nov), US ISM Manufacturing PMI (Nov).CHINESE INDUSTRIAL PROFITS (MON):There are currently no expectations for Industrial Profits YTD for October, although the data comes against the backdrop of…

monsitj JP Morgan said it was bullish on Insmed (NASDAQ:INSM), Denali (NASDAQ:DNLI), Immunocore (NASDAQ:IMCR), Crinetics (NASDAQ:CRNX), Mirum (NASDAQ:MIRM) and BioCryst (NASDAQ:BCRX), rating all six as overweight in a recent note that reinstated ratings for fifteen large cap biotech stocks. The investment bank was less keen on Cervel Therapeutics (CERE), Alkermes (ALKS), Novocure (NVCR), Deciphera (DCPH), Stoke (STOK) and Esperion (ESPR), giving those six a neutral rating, and bearish on Amarin (AMRN), Emergent BioSolutions (EBS) and Nektar Therapeutics (NKTR), which were all rated as underweight. For Insmed, JP Morgan said it expects the stock to “work higher” on the back of…

peterschreiber.media/iStock via Getty Images Binance, the world’s largest crypto exchange, agreed this past week to fork over $4.3B to settle the U.S. government’s allegations that it violated sanctions and money transmission rules. What’s more, founder Changpeng Zhao, otherwise known as “CZ,” pleaded guilty to alleged breaches of anti-money laundering rules and stepped down from the CEO role. What does this historic settlement mean for Binance’s position at the top of the crypto market, as well as for the overall industry? While the trading platform saw over $1B in outflows after the news, the magnitude of which aligned with what happened…

© Reuters. People protest on Vauxhall Bridge during a march in solidarity with Palestinians in Gaza, amid the ongoing conflict between Israel and the Palestinian Islamist group Hamas, in London, Britain, November 11, 2023. REUTERS/Kevin Coombs/File Photo By Muvija M and Natalie Thomas LONDON (Reuters) -Tens of thousands of pro-Palestinian protesters marched through central London on Saturday to call for a permanent ceasefire in the Gaza Strip, the latest in a series of weekend demonstrations in the capital since the seven-week war began. Saturday’s rally, which involved 45,000 campaigners according to police estimates, took place during a four-day truce between…

Canada retail salesFriday’s Canadian retail sales report for September far-surpassed expectations at +0.6% compared to a flat reading expected. In addition, the advance reading for October was +0.8% in a sign of even-more strength.CIBC highlights a contrast in consumer spending patterns in the report. While auto sales surged, there was a noticeable dip in discretionary spending in areas like clothing, sporting goods, and furniture. The latter could reflect the ongoing correction in house prices and a slowdown in home sales.”The September print suggests that overall GDP in that month will have looked slightly better than the advance estimate, at 0.1%…

da-kuk This week’s top five biggest gainers in the financials sector consisted of one crypto exchange, two bitcoin (BTC-USD) miners, and two asset management firms. On the flip side, two regional banks, two asset managers and one financial services company led the decliners. With bitcoin (BTC-USD) posting a ~5% rally for the holiday-shortened week ended Nov. 24, Coinbase Global (NASDAQ:COIN), the largest crypto exchange in the U.S., notched the biggest gains of any financial stock (with market cap over $2B), jumping 18.6%; Bitcoin (BTC-USD) miners Riot Platforms (NASDAQ:RIOT) and Marathon Digital (NASDAQ:MARA) surged 17.6% and 15.8%, respectively; Burford Capital Group…