TradersWars

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Real gross domestic product (GDP) increased at an annual rate of 3.2 percent in the third quarter of 2022 (table 1), according to the "third" estimate released by the Bureau of Economic Analysis. In the second quarter, real GDP decreased 0.6 percent. The "third" estimate of GDP released today is based on more complete source data than were available for the...

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CarMax misses big on earnings, pauses stock buyback, shares plunge

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Nike Inc reported its best quarterly revenue growth in more than a decade barring one quarter and handily beat profit expectations on Tuesday, as North American shoppers rushed to stock up on sneakers and sportswear before the holidays.

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In accordance with the guidelines for market operations and asset purchases decided at the Monetary Policy Meeting today, the Bank of Japan has decided to implement following measures in its conduct of market operations. 1. Increase in the amounts of outright purchases of Japanese Government Bonds (competitive auction method) (1) Purchases from January through...

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The pound extended losses and short-dated UK government bonds edged higher after the Bank of England slowed the pace of tightening as the economy enters a recession.

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st Asian currencies fell on Monday, while the dollar rose as markets hunkered down ahead of highly awaited signals on U.S. monetary policy from a Federal Reserve meeting and a reading on U.S. consumer inflation.

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The price of Litecoin (LTC) has dropped over the last 24 hours according to the crypto market tracking website, CoinMarketCap. At press time, the price of LTC is trading at $74.37 after a 3.97% drop in price. This has pushed the altcoin’s negative weekly price performance further down. Currently, LTC is down 10.51% over the last 7 days.

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The Dow Jones Industrial Average rose 183.56 points, or 0.55%, to close at 33,781.48; the S&P 500 gained 29.59 points, or 0.75%, to finish at 3,963.51; and the Nasdaq Composite added 123.45 points, or 1.13%, at 11,082.00. Nine of the 11 major S&P 500 sectors rose, led by a 1.6% gain in technology stocks. Most mega-cap technology and growth stocks gained. Apple...

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The Bank of Canada raised its key overnight rate by 50 basis points to 4.25% but opened the door to a pause in further tightening amid clear signs of an economic slowdown across North America.

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Australian police charged four Chinese nationals on Friday over an online investment scam based mainly in the United States, which authorities said caused losses of more than $100 million across the world.

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The U.S. dollar climbed in early European trade Wednesday, as increased recessionary concerns hit risk sentiment, boosting this safe haven.

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Euro zone gross domestic product (GDP) grew by slightly more than initially estimated, data from the European statistics agency Eurostat showed on Wednesday, with household spending and business investment propping up the economy.

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The Canadian dollar weakened against its U.S. counterpart on Thursday as investors reduced bets on another oversized interest rate hike by the Bank of Canada next week and despite the greenback losing ground against some major peers.

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The U.S. dollar edged higher in early European trade Tuesday, continuing the previous session’s hefty gains after strong U.S. services data, while the euro slipped even as German industrial production numbers impressed.

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The Safe haven Yen is bearish after optimism over easing COVID-19 restrictions in China,

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The dollar gained against the yen, the euro and the pound on Monday after data showed that U.S. services industry activity unexpectedly picked up in November, prompting speculation the Federal Reserve may lift interest rates more than recently projected.

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The dollar gained against the yen, the euro and the pound on Monday after data showed that U.S. services industry activity unexpectedly picked up in November, prompting speculation the Federal Reserve may lift interest rates more than recently projected.

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The Canadian dollar weakened against its U.S. counterpart on Friday as domestic jobs data caused few surprises, while a stronger-than-expected U.S. jobs gain ran counter to hopes that the Federal Reserve would soon slow the pace of rate hikes.