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Earnings growth to continue, Goldman says, but US policy risks cloud outlook
Posted inStock

Earnings growth to continue, Goldman says, but US policy risks cloud outlook

Investing.com – Earnings growth will likely be a key future driver of US equities, although possible policy shifts during the upcoming Trump administration could impact the outlook for stocks, according to…
Posted by November 11, 2024
‘Animal spirits’ set to drive S&P 500 to 6,600 by mid-2025, Evercore says
Posted inStock

‘Animal spirits’ set to drive S&P 500 to 6,600 by mid-2025, Evercore says

Investing.com — Evercore ISI projects the S&P 500 to hit 6,600 by mid-2025, driven by “animal spirits” ignited by the outcome of the US election. “Animal spirits” refer to how…
Posted by November 11, 2024
Moncler repeats it won’t comment on ‘unsubstantiated rumors’ about Burberry
Posted inStock

Moncler repeats it won’t comment on ‘unsubstantiated rumors’ about Burberry

MILAN (Reuters) – Italy’s Moncler on Monday (NASDAQ:MNDY) reiterated it would not comment “on unsubstantiated rumors”, when asked about a Daily Mail report about a possible takeover by the luxury…
Posted by November 11, 2024
Australia nears deal with ANZ to stop bank closures in the Pacific
Posted inStock

Australia nears deal with ANZ to stop bank closures in the Pacific

By Lewis (JO:LEWJ) Jackson SYDNEY (Reuters) – Australia is in the final stages of talks with ANZ Group over a deal to maintain the bank’s branches across the Pacific, Treasurer…
Posted by November 11, 2024
ICL Israel Chemicals earnings beat by $0.03, revenue fell short of estimates
Posted inStock

ICL Israel Chemicals earnings beat by $0.03, revenue fell short of estimates

Investing.com – ICL Israel Chemicals (NYSE: ICL) reported third quarter EPS of $0.110, $0.03 better than the analyst estimate of $0.082. Revenue for the quarter came in at $1.75B versus…
Posted by November 11, 2024
China’s October new lending tumbles more than expected despite policy support
Posted inEconomy

China’s October new lending tumbles more than expected despite policy support

By Kevin Yao and Liz Lee BEIJING (Reuters) – New bank lending in China fell more than expected in October from the previous month and trailed behind analysts’ expectations as…
Posted by November 11, 2024
Thai panel picks government’s candidate for central bank board chair, govt sources say
Posted inEconomy

Thai panel picks government’s candidate for central bank board chair, govt sources say

By Panarat Thepgumpanat and Kitiphong Thaichareon BANGKOK (Reuters) – A Thai panel on Monday (NASDAQ:MNDY) picked ruling party loyalist and former Finance Minister Kittiratt na Ranong to chair the central…
Posted by November 11, 2024
China frontloads a budget of $7.87 billion to support urban affordable housing projects
Posted inEconomy

China frontloads a budget of $7.87 billion to support urban affordable housing projects

BEIJING (Reuters) – China’s finance ministry frontloaded a budget of 56.6 billion yuan ($7.87 billion) to support urban affordable housing projects, according to state media on Monday (NASDAQ:MNDY). This part…
Posted by November 11, 2024
Futures rise, CPI this week, Bitcoin’s new record high – what’s moving markets
Posted inEconomy

Futures rise, CPI this week, Bitcoin’s new record high – what’s moving markets

Investing.com – US stock futures rise, suggesting a possible extension to a rally in equities in the wake of Donald Trump’s election win last week. Key inflation data will highlight the…
Posted by November 11, 2024
China chip index nears 3-year high as TSMC order fuels self-reliance bets
Posted inStock

China chip index nears 3-year high as TSMC order fuels self-reliance bets

SHANGHAI (Reuters) – China’s semiconductor index leapt close to a three-year high on Monday (NASDAQ:MNDY) on bets a U.S. order halting Taiwan Semiconductor Manufacturing Co’s shipments of advanced chips to…
Posted by November 11, 2024

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