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Category: Economy

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Economy Bloomberg
67d ago
US Mortgage Rates Reach Lowest Since 2022, Boosting Refinancing

US mortgage rates slipped last week to the lowest level since 2022, generating more refinancing activity.

US mortgage rates have reached their lowest level since 2022, leading to increased refinancing activity. High (90%)
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Economy Bloomberg
67d ago
Circle’s Shares Surge After Profit, Revenue Top Estimates

Circle Internet Group Inc.’s profit and revenue increased more than estimated while the amount of its USDC stablecoin in circulation …

Circle's shares surged after the company reported a profit and revenue that exceeded estimates, driven … High (90%)
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Economy Bloomberg
67d ago
National Bank Beats Estimates as CWB Boosts Major Business Lines

National Bank of Canada beat analyst estimates in its fiscal first quarter after it reported stronger results across the board, …

National Bank of Canada exceeded analyst estimates in its fiscal first quarter, driven by the … High (90%)
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Economy Bloomberg
67d ago
Thailand’s $4 Billion Rice Exports Seen Strained by Baht Rally

Thailand’s rice exports are set to drop to a five-year low as a surge in the local currency dents the …

Thailand's rice exports are expected to decline to a five-year low due to a strong … High (90%)
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Economy Bloomberg
67d ago
Cocoa Sales Resume in Ivory Coast After Regulator Drops Premium

Some traders have resumed buying cocoa from top grower Ivory Coast after the local regulator agreed to sell at par …

Cocoa sales have resumed in Ivory Coast after the local regulator agreed to sell at … High (80%)
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Economy Bloomberg
67d ago
Romania Taps Foreign Debt Market After Approving Budget Reforms

Romania is selling bonds on international markets for the first time this year to capitalize on improved sentiment after the …

Romania is tapping the foreign debt market for the first time this year, capitalizing on … High (90%)
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Economy Bloomberg
67d ago
ECB Mustn’t Be Complacent Despite Inflation Victory, Vujcic Says

The European Central Bank must remain alert to dangers despite officials having wrested back control over prices, according to Governing …

ECB Governing Council member Boris Vujcic warns against complacency despite recent success in controlling inflation, … High (70%)
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Economy Bloomberg
67d ago
Bitcoin Holders Sitting on Losses Are Selling Into Every Bounce

About 45% of all of Bitcoin in circulation are currently valued at below what the owner paid.

Bitcoin holders who are underwater on their investments are selling their assets, potentially leading to … High (90%)
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Economy Bloomberg
67d ago
Deutsche's Saravelos to 'Keep Writing' After US Ire

Deutsche Bank's global head of FX research George Saravelos, who wrote a report that became the subject of US ire, …

Deutsche Bank's FX research head George Saravelos reaffirms the importance of research independence after facing … High (80%)
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Economy Bloomberg
67d ago
Temenos Jumps as Software Firm Lifts Targets and Plays Down AI Fear

Temenos shares gained after the software company lifted its mid-term guidance, pushing back on worries over the impact of artificial …

Temenos shares have increased after the company raised its mid-term guidance, alleviating concerns about the … High (90%)
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Economy Bloomberg
67d ago
RBA’s Bullock Says Tough to Make Judgments on Economy at Moment

Australia’s central bank Governor Michele Bullock said judging the economy is “a little bit more difficult” now than in previous …

RBA Governor Michele Bullock expressed caution in judging the Australian economy due to current uncertainties, … High (80%)
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Economy Bloomberg
67d ago
Treasuries Head for Biggest Drop in Week as Risk Appetite Jumps

Treasuries fell and the dollar slipped as investors exited haven assets following advances in tech stocks.

Treasuries are experiencing a decline as investors shift their focus from safe-haven assets to riskier … High (90%)
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