Author: FX
Sky_Blue/iStock Unreleased via Getty Images Update 8:40pm: Updates with company confirmation. Infrastructure fund Stonepeak agreed to buy purchase shipping container lessor Textainer Group (NYSE:TGH) for $2.1 biion. Textainer (TGH) will receive $50 a share in cash, according to statement late Sunday. Including Textainer’s debt, the deal is worth about $7.4 billion. The deal represents a 46% premium to Textainer’s (TGH) closing price on Friday. The per share consideration paid to shareholders on the JSE will be in South African Rand at an exchange rate established in accordance with the merger agreement. The transaction is expected to close in the Q1.The…
© Reuters. FILE PHOTO: Workers load ballot boxes and voting material into a truck, ahead of the presidential election, in Buenos Aires, Argentina October 21, 2023. REUTERS/Mariana Nedelcu/File Photo By Nicolás Misculin and Jorge Otaola BUENOS AIRES (Reuters) -Argentines flocked to the polls on Sunday to vote in a tense national election where a far-right libertarian radical has hogged the limelight amid the country’s worst economic crisis in two decades and rising anger with the traditional elite. Around the South American country voters cast their ballots, with three main candidates likely to split the vote: frontrunner libertarian economist Javier Milei,…
Brown & Brown Q3 2023 Earnings Preview Source link
Recommended by Manish Jaradi Get Your Free Top Trading Opportunities Forecast Global equity markets fell sharply in the week on escalating tensions in the Middle East and the surging US Treasury yields after the US Federal Reserve Chair Jerome Powell left open the door for further tightening.The MSCI All Country World index dropped 2.4%, the S&P 500 index fell 2.4%, and the Nasdaq 100 index declined 2.8%. The German DAX 40 fell 2.6% and the UK FTSE 100 dropped 2.6%. In Asia, the Hang Seng index fell 3.6%, while Japan’s Topix decreased 2.3%. Risk-sensitive currencies, including the Australian dollar and…
Our forex strategists had a very effective week as they focused on the effects of geopolitics on the FX markets and a calendar heavy with top tier economic catalysts. Three out of four discussions played out strongly in their favor, highly likely leading to positive outcomes for a wide range of risk management styles. Check it out! EUR/CHF 2-Hour Forex Chart by TradingView On Monday, we kicked off the week with a look at EUR/CHF, which was in a clear bear mode on the price chart. Geopolitical fears became the main market driver the previous week, and it looks like…
Fokusiert Heading into the biopharma Q3 earnings season, Bank of America has taken a bullish stance on Eli Lilly (NYSE:LLY) and Gilead (NASDAQ:GILD) while raising concerns on COVID-era favorites such as Pfizer (NYSE:PFE) and Regeneron (NASDAQ:REGN). The end of the pandemic emergency has upended the healthcare sector, with biotech and pharma stocks underperforming the broader market this year, as indicated in this graph. Investors have thrown their weight behind obesity drug developers Novo Nordisk (NVO) and Eli Lilly (LLY) as makers of COVID-19 products such as Pfizer (PFE) and Regeneron (REGN) grapple with a decline in pandemic-era revenue boom. However,…
© Reuters. FILE PHOTO: General view of the snow-covered mountains of the Bernese Alps, Eiger, Moench and Jungfrau, as seen from Bern, Switzerland October 28, 2020. REUTERS/Arnd Wiegmann ZURICH (Reuters) – Switzerland looked set to shift to the right in its national elections on Sunday, as concerns about immigration and political correctness trumped fears about climate change and melting glaciers. The right-wing Swiss People’s Party (SVP), Switzerland’s biggest political party, will increase its share of the vote to 29%, 3.4 percentage points higher than the last election in 2019, according to early projections by Swiss broadcaster SRF. The party campaigned…
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading and seek advice from an independent financial or tax advisor if you have any questions. Advisory warning: FOREXLIVE™ is not an investment advisor, FOREXLIVE™ provides references and…
Lawyer and cryptocurrency supporter John Deaton has criticized the Lightning Network, deeming it less effective than the “Spend The Bits” protocol on the Ledger (XRPL). Lightning is a layer-2 scaling solution for . It is designed to improve the scalability and efficiency of Bitcoin (BTC) transactions by enabling off-chain, peer-to-peer transactions. In an Oct. 21 X (formerly Twitter) post, Deaton revealed he is an angel investor in Spend the Bits, as well as its chief legal officer. Continue Reading on Cointelegraph Source link
UPCOMING EVENTS:Tuesday: AU-JP-EZ-UK-US PMIs, UK Unemployment Rate.Wednesday: Australia CPI, German IFO, BoC Policy Decision.Thursday: ECB Policy Decision, US Durable Goods, US GDP Q3, US Jobless Claims.Friday: Tokyo CPI, Australia PPI, US Core PCE.TuesdayThe ONS last week published only the figures on the workers’ earnings, vacancies and real time information on employment. The rest of the UK labour market data was pushed back to this week due to falling response rates to the LFS survey. The consensus sees the Unemployment Rate to remain unchanged at 4.3%.UK Unemployment RateThroughout the day we will get the PMIs for Australia, Japan, Eurozone, UK and…