In the realm of insider trading, the actions of company executives can often provide valuable clues to the underlying health and future prospects of their businesses.

05 Dec, 2023 @ 01:17 by Yahoo! Finance

The greenback rose marginally against the yen in early Asia trade to 147.23, helped by a slowdown in core consumer inflation in Tokyo that put downward pressure on the Japanese currency. "I think it's maybe just a little bit of a reassessment as to the U.S. dollar having fallen too far, and too fast," said Sean Callow, a senior currency strategist at Westpac.

05 Dec, 2023 @ 00:22 by Yahoo! Finance

In this podcast, Motley Fool analyst Asit Sharma and host Dylan Lewis discuss: Nvidia's epic quarter and the market's ho-hum response. The OpenAI drama, corporate governance, and how they're making their turkeys this Thanksgiving.

04 Dec, 2023 @ 22:35 by Yahoo! Finance

NEWSPLUS 1723 ET — The WSJ Dollar Index is up 0.44 point or 0.45% today to 97.97 —Up three of the past four trading days —Off 2.92% from its 52-week high of 100.92 hit Tuesday, Oct. 31, 2023 —Up 3.81% from its 52-week low of 94.

Robinhood CEO Vlad Tenev weighs in on the surge in crypto and the future of the online trading platform.

Dow Jones futures: The Magnificent Seven stocks tumbled Monday, as Alphabet, Nvidia and Tesla stock finished with sharp losses.

04 Dec, 2023 @ 21:07 by Yahoo! Finance

ExpressVPN has released an app for tvOS 17, enabling customers to take advantage of the traffic-rerouting service on their Apple TV.

As Magnificent Seven stocks Microsoft, Amazon, Meta and Nvidia pilot IBD Leaderboard, what does Santa and Wall Street have in store?

Wedbushanalyst Daniel Ives' favorite tech names remainApple Inc(NASDAQ:AAPL),Microsoft ...

04 Dec, 2023 @ 19:34 by Yahoo! Finance

With the Consumer Electronics Show (CES) kicking off next month, tech companies from around the world are excited to showcase their latest products. Despite the many tech advancements that will be highlighted, generative AI is likely to be the one that takes center stage. Bob O’Donnell, TECHnalysis Research President and Chief Analyst, joins Yahoo Finance Live and shares what he expects to see at CES. Although there are going to be startups leaving their mark in audio and video applications, O’Donnell makes the case that the big tech companies are going to see the greatest earnings in 2024. The smaller companies are going to be financially challenged with building the foundation models that are essential for creating new and accurate AI systems, O’Donnell says, while companies like Microsoft (MSFT) and Amazon (AMZN) will be a case of the "big getting bigger." For more from this episode of NEXT: To see the full NEXT episode: Next in Tech: Why generative AI will explode in 2024, click here. To read more about AI from Yahoo Finance's Tech Editor Dan Howley, click here.

04 Dec, 2023 @ 19:16 by FinancialContent

Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Moderna Inc (MRNA), where a total volume of 40,724 contracts has been traded thus far today, a contract volume which is representative of approximately 4.1 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 109.3% of MRNA's average daily trading volume over the past month, of 3.7 million shares..

04 Dec, 2023 @ 19:11 by Yahoo! Finance

Shares of data-mining and analytics company Palantir (NYSE:PLTR) fell 8.2% in the morning session as stocks pulled back, and yields rose (leading to a bond selloff) after the S&P 500 reached a new high for the year in the final week of November 2023. Throughout 2023, major indices demonstrated robust performances, with the Nasdaq surging over 45% and the S&P 500 gaining 20% with a month remaining in the year. Investors may be asking if the market is getting ahead of itself. The Federal Reserve h

04 Dec, 2023 @ 19:03 by Yahoo! Finance

Crypto's late 2023 surge suggests investors are moving past the industry's recent wave of scandals.

The late Charlie Munger called Bitcoin rat poison. His friend and longtime business partner, Warren Buffett, termed it "rat poison ...

04 Dec, 2023 @ 18:21 by Yahoo! Finance

Gold (GC=F) prices retreated late Monday morning after hitting a record high of $2,100. Investors are betting that the Federal Reserve will start cutting rates next year. Bloomberg Intelligence Senior Macro Strategist Mike McGlone says prices are trying to hold on to the $2,000 support, which used to be a price of resistance. McGlone believes that gold purchasing will remain high, noting “the deepest pockets on the planet are buying gold. That’s central banks.” Overall, McGlone believes gold "is in the early days of a bull market." Watch the video to hear why McGlone says "this is not our fathers' gold market." For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.

Amazon's (AMZN) AWS gets selected by to support its global expansion.

04 Dec, 2023 @ 18:05 by Yahoo! Finance

The development team behind the Apple Design Award-winning camera app Halide is working on Kino, an iPhone app for video.

04 Dec, 2023 @ 17:44 by Yahoo! Finance

It's been just over a year since ChatGPT started to dominate headlines. The OpenAI platform introduced the world to generative AI, a type of AI that can be used in everyday functions. But what will 2024 bring? More AI. Bob O’Donnell, TECHnalysis Research President & Chief Analyst joins Yahoo Finance Live to discuss what the next wave of AI means for users, companies, and investors. Despite the craze over generative AI in the past year, O’Donnell says that not many people in the workforce have been directly using the applications, but that’s all going to change in the coming year. While everyday people are going to be using AI, businesses are going to see a greater impact than the average consumer, O’Donnell maintains. Nvidia (NVDA) has been the biggest name associated with AI, but "in 2024, we're going to see a ton of other semiconductor companies, obviously, be going after Nvidia. And the truth is, the market is looking for more competition,” O’Donnell says. In terms of semiconductors, O'Donnell points to announcements from Intel (INTC) and Advanced Micro Devices (AMD) and how those companies will be looking to bring their chips to the masses. He also explains how tech companies like Amazon (AMZN) and Microsoft (MSFT) are going to join the ring with Nvidia and Qualcomm (QCOM), pioneering the next generation of AI-processing software.For more episodes from our NEXT series, click here. To read more about AI from Yahoo Finance's Tech Editor Dan Howley, click here.

U.S. stocks have jumped this year, but the S&P 500 index will probably struggle to rise much above 4,650 into mid-2024, says Stifel chief equity strategist Barry Bannister.

This whale alert can help traders discover the next big trading opportunities. Whales are entities with large sums of money and we track ...

04 Dec, 2023 @ 17:33 by Yahoo! Finance

Ned Davis Research has identified stocks like Apple (APPL), ExxonMobil (XOM) and Visa (V) as top long-term picks after assessing over 200 metrics spanning 40 years. Global Investment Solutions Head Brian Sanborn cautions against investors trying to "neglect the long-term drivers of stock returns," just because of recent volatility. Sanborn tells Yahoo Finance that by analyzing five vital areas - cash flow multiples, operating cash efficiency, accrual ratios, earnings alignments and price momentum - NDR's model is able to tap enduring performance through varied conditions. Sanborn notes that diverse sectors are represented, from tech to energy, and that companies that did make the list have remained cash-flow generating, even through crises such as the COVID-19 pandemic. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.

Bitcoin has gained more than 50% in less than two months amid crypto ETF hopes and expectations of interest-rate cuts.

A check signed by Apple co-founder Steve Jobs paying $4.01 to RadioShack is likely to fetch more than $25,000 in an auction ending on Wednesday.

The company has 300 million tons of high-quality coal reserves and an estimated $37 billion worth of rare earth metals.

04 Dec, 2023 @ 16:22 by Seeking Alpha

Nayib Bukele said if El Salvador sold all its bitcoin at current prices, it would recover 100% of its investment and see a profit more than $3,600,000.

04 Dec, 2023 @ 15:50 by Yahoo! Finance

The Aussie dollar has initially rallied significantly during the trading session on Monday, but then turned around and showed signs of weakness again.

04 Dec, 2023 @ 15:46 by Yahoo! Finance

In this article, we will be taking a look at the 12 best virtual reality stocks to buy heading into 2024. To skip our detailed analysis of the VR market, you can go directly to see the 5 Best Virtual Reality Stocks To Buy Heading into 2024. What is Virtual Reality (VR)? Virtual reality is a […]

Hedge funds and mutual funds piled into stock markets as they invested heavily in the Magnificent Seven

The Dow Jones Industrial Average Index, popularly known as ‘the Dow‘ or ‘DJIA‘, recorded a new all-time-high on ...

04 Dec, 2023 @ 15:20 by Yahoo! Finance

Rising corporate spending on digital transformation projects has boosted CRM stock. With the Slack deal closed, merger synergies will be key.

Good Morning Traders! In today's Market Clubhouse Morning Memo, we will discuss SPY, QQQ, AAPL, MSFT, TSLA, META, GOOGL, and ...

04 Dec, 2023 @ 15:02 by Yahoo! Finance

Apple's upcoming immersive computing hardware has a ballpark price starting at $3,500. What Apple Vision Pro application could possibly stoke a sustainable mass-impulse to snatch up such a device in quantities sufficient to build a healthy business that Apple expects?

Software growth stocks outperformed in the first half of 2023. But will the artificial intelligence-driven rally be sustainable for software stocks?

To gain an edge, this is what you need to know today. Making Money In Bitcoin Pleaseclick herefor a chart of ...

04 Dec, 2023 @ 14:50 by Yahoo! Finance

Bitcoin (BTC-USD) surged past $41,000 Monday morning, with some investors speculating the Federal Reserve could be done raising rates and hopes that a spot bitcoin ETF approval could cause the cryptocurrency to rise even further. Yahoo Finance's David Hollerith breaks down the rally and the outlook for the cryptocurrency.  For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.

04 Dec, 2023 @ 14:50 by Yahoo! Finance

A recently unearthed sample of macOS malware continues the trend of attacks against Apple's ecosystem, but in its current state it's not a major threat to Mac users.

Alphabet (GOOGL) integrates with third-party streaming services and apps to bolster Google TV service offerings.

04 Dec, 2023 @ 14:45 by FinancialContent

Don't let recent declines fool you. Apple is still outperforming its competitors, and likely has a lucrative future ahead.

Hopes for Fed rate cuts, optimism about a spot ETF approval, and the scheduled halving in 2024 are helping the cryptocurrency rally.

04 Dec, 2023 @ 14:41 by Yahoo! Finance

The pound fell against the euro and the dollar on Monday.

04 Dec, 2023 @ 14:21 by FinancialContent

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Take a look at the seven best ways to invest $1,000 in the stock market and build a portfolio that generates passive income and gains. The post The 7 Best Ways to Invest $1,000 in the Stock Market Now appeared first on InvestorPlace. More From InvestorPlace The #1 AI Investment Might Be This Company You’ve Never Heard Of Musk’s “Project Omega” May Be Set to Mint New Millionaires. Here’s How to Get In. The Rich Use This Income Secret (NOT Dividends) Far More Than Regular Investors users have recently been watching Microsoft (MSFT) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.

There's no better time to save on this top-rated assortment of productivity apps

04 Dec, 2023 @ 13:25 by Yahoo! Finance

Technology companies have driven the U.S. stock market this year. The tech rally is set to continue in 2024 with giants like Apple at the head but there are other names to play, according to Wedbush analyst Dan Ives.

04 Dec, 2023 @ 13:15 by FinancialContent

Investors should jump for joy if market volatility puts any of these winning stocks on sale.

Intel Corp(NASDAQ: INTC) is facing a crucial struggle for survival amid fierce competition in the semiconductor ...

Magnificent Seven stocks generally lagged last week, but that's letting megacaps such as Apple and Microsoft set up new buying opportunities.

04 Dec, 2023 @ 12:59 by FinancialContent

The Nasdaq 100 closed higher by around 50 points on Friday. Investors, meanwhile, focused on some notable insider trades. When ...

It's best to look at the facts to come to the right conclusion.

In a recent incident, a hiker in Georgia was saved from a potentially fatal fall by the fall detection feature of his Apple ...

04 Dec, 2023 @ 12:30 by FinancialContent

T-Mobile has been one of Berkshire Hathaway's better-performing stocks over the past three years.

04 Dec, 2023 @ 12:30 by FinancialContent

Without a doubt, U.S. equity market returns have been exceptional this year, specifically for mega cap stocks.

04 Dec, 2023 @ 12:23 by Seeking Alpha

Rich valuations are entirely justified.

04 Dec, 2023 @ 12:16 by Yahoo! Finance

Sterling fell against a broadly stronger dollar on Monday, as traders mulled what the Bank of England might signal at its next policy meeting amid growing confidence that the Federal Reserve will soon be cutting interest rates. At 1156 GMT, sterling was 0.2% down against the dollar at $1.26865. On Monday, most currency pairs were trading in line with their relative sensitivity to dollar moves, according to Nicholas Rees, FX market analyst at Monex.

04 Dec, 2023 @ 12:00 by FinancialContent

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Escape the winter chill by investing in these dividend stocks, and let solid returns and a consistent yield fill your holiday stocking. The post 7 Dividend Stocks That Will Warm Your Heart This Winter appeared first on InvestorPlace. More From InvestorPlace ChatGPT IPO Could Shock the World, Make This Move Before the Announcement Musk’s “Project Omega” May Be Set to Mint New Millionaires. Here’s How to Get In. The Rich Use This Income Secret (NOT Dividends) Far More Than Regular Investors

Tom DeMark, the award-winning technical strategist, thinks the Grinch may soon snatch some of the holiday cheer in financial arkets.

You can score Apple Inc.'s (NASDAQ:AAPL) iPhone 15 Pro, iPad, and an Apple Watch Series 8 for free thanks to a deal that Verizon ...

04 Dec, 2023 @ 11:51 by Yahoo! Finance

A Roswell man credits his Apple Watch with saving his life, helping him call for assistance when he had a nasty fall while walking his dog in April.

If you want to join Apple Inc. (NASDAQ:AAPL), then you should know that the company's CEO Tim Cook is looking for a very simple human ...

Martin Pelletier: It's important to ask if a stock's price matches the company’s ability to realistically meet everyone’s huge expectations

Load up on these stocks while the price is right, and hold them for the long term.

These stocks are already big winners in 2023 and should keep their momentum going in a new bull market.

The moves come hand in hand with a spike in gold prices, which sent the commodity to all-time highs on Monday.

InvestorPlace - Stock Market News, Stock Advice & Trading Tips These three long-term stocks are poised for impressive growth not matter the economic weather in the years ahead. The post If You Can Only Buy One Long-Term Stock in December, It Better Be One of These 3 Names appeared first on InvestorPlace. More From InvestorPlace ChatGPT IPO Could Shock the World, Make This Move Before the Announcement Musk’s “Project Omega” May Be Set to Mint New Millionaires. Here’s How to Get In. The Rich Use This Income Secret (NOT Dividends) Far More Than Regular Investors

04 Dec, 2023 @ 10:13 by Yahoo! Finance

The latest investor updates on stocks that are trending on Monday.

Investor morale in the euro zone improved at the start of December for the third month in a row, although it remained uncertain whether this was the start of a long-term trend reversal, a survey showed on Monday. Sentix's index for the euro zone rose to -16.8 points from -18.6 in November, falling short of the -16.4 December reading forecast in a Reuters poll of analysts. Sentix Managing Director Manfred Huebner said Germany struggled to keep up with even these moderate improvements, with expectations in the euro zone's largest economy consistently low.

If you are tempted to ask Santa for the latest smartwatch or phone, think again

04 Dec, 2023 @ 08:58 by FinancialContent

The Wall Street Journal reported that Apple has sent Goldman Sachs a proposal to end their partnership within the next year, leaving Apple to find a new backer for its financial products.

04 Dec, 2023 @ 08:49 by Yahoo! Finance

Following optimistic comments from the Fed on its rate path, all eyes this week will be on US jobs numbers on Friday as well as manufacturing data.

04 Dec, 2023 @ 07:27 by Yahoo! Finance

As OpenAI celebrates the one year anniversary of it ChatGPT rollout, FOX Business takes a look back at what made the once-obscure startup a household name.

The Economy 2030 inquiry report calls for higher growth and higher taxes to prevent Britain's economic stagnation.

Apple Inc.(NASDAQ:AAPL) has reportedly decided to terminate its financial services partnership withGoldman Sachs Group ...

WASHINGTON (Reuters) -The dollar ticked higher on Monday, regaining some ground after falling for three straight weeks on bets that the U.S. Federal Reserve will soon be cutting interest rates, while bitcoin breached $42,000 for the first time since early 2022. Fed Chair Jerome Powell said on Friday that the central bank was prepared to tighten policy further if needed, but also said that interest rates were "well into restrictive territory" and were slowing inflation. "Yes, he said that interest rate hikes are done, but that was already kind of baked in the cake when it comes to the Fed," said Given.

The video conferencing software byZoom Video Communications Inc.(NASDAQ:ZM) is now officially available onApple ...

A much larger trend is developing for tech stocks...

04 Dec, 2023 @ 00:11 by Yahoo! Finance Most Asian currencies steadied after strong gains on Monday, while the dollar nursed recent losses amid growing conviction that the Federal Reserve was done raising interest rates, and will begin cutting them in early-2024.

Portfolio diversification can be a valuable tool, but it's clear that legendarily successful investor Warren Buffett isn't a fan.

03 Dec, 2023 @ 21:19 by FinancialContent

This show talks with the “smart money” (managers & CEOs) for advice. In this episode, we discuss how this firm utilizes options to generate income.

The IDC forecasts annual spending on AI software to reach $279 billion by 2027, or an increase of 31% per year. If your portfolio needs an AI upgrade, Microsoft (NASDAQ: MSFT) and Nvidia (NASDAQ: NVDA) have to be at the top of your buy list. Shares of Microsoft are hitting new highs as the company rolls out AI tools across its software portfolio.

We are looking for digital ad spend to grow by a high-single-digit percentage pace in 2024 and 2025. Social media spend has seen a big recovery. Meanwhile, Meta Platforms’ growth acceleration has been nothing short of stellar in 2023.

03 Dec, 2023 @ 17:07 by FinancialContent

These companies are killing it in gaming and could offer significant gains over the long term.

What is Warren Buffett-led Berkshire Hathaway really worth?

03 Dec, 2023 @ 15:10 by FinancialContent

Investors should practice patience, adding these companies to their watch lists.

03 Dec, 2023 @ 14:30 by FinancialContent

Investors need to look at this dominant company with a fresh perspective.

03 Dec, 2023 @ 14:00 by Yahoo! Finance

Many of us run into our local Dollar Tree to grab a greeting card or a bottle of body wash at a deep discount without going up and down the aisles. But if you took the time to venture outside of your...

Trillions of dollars could flow into AI next year, and these two companies won't be left out.

An investing icon heads one company. The other has a higher credit rating than the U.S.

03 Dec, 2023 @ 12:45 by FinancialContent

The iPhone maker is dealing with declining sales amid macro uncertainty.

03 Dec, 2023 @ 12:05 by FinancialContent

The market darling is even more compelling when there's a tailwind blowing.

03 Dec, 2023 @ 11:30 by FinancialContent

InvestorPlace - Stock Market News, Stock Advice & Trading Tips For investors looking for mega-cap technology stocks to own, AAPL stock remains an obvious pick, for these three solid reasons. The post 3 Reasons to Ride the Momentum with AAPL Stock appeared first on InvestorPlace. More From InvestorPlace ChatGPT IPO Could Shock the World, Make This Move Before the Announcement Musk’s “Project Omega” May Be Set to Mint New Millionaires. Here’s How to Get In. The Rich Use This Income Secret (NOT Dividends) Far More Than Regular Investors

03 Dec, 2023 @ 11:30 by FinancialContent

These might be Buffett's four favorite stocks.

InvestorPlace - Stock Market News, Stock Advice & Trading Tips I haven’t bought PayPal yet, but I’m putting it on my radar. The post Analyst U-Turn: The Rising Case for Investing in PayPal Stock Now appeared first on InvestorPlace. More From InvestorPlace Musk’s “Project Omega” May Be Set to Mint New Millionaires. Here’s How to Get In. The #1 AI Investment Might Be This Company You’ve Never Heard Of The Rich Use This Income Secret (NOT Dividends) Far More Than Regular Investors

The one thing these two stocks have in common is tremendous growth prospects.

Another bustling weekend has passed in the world of technology, withApple Inc.(NASDAQ:AAPL) making headlines. The tech giant ...

Buffett and his late business partner Charlie Munger built an investment legacy that can stand the test of time.

Benzinga reviews this weekend's top stories covered by Barron's. Here are the articles investors need to read. In "Uber ...

02 Dec, 2023 @ 21:33 by Seeking Alpha

For the past few years, retailers haven’t felt the pressure to offer deep discounts. Consumers had plenty of cash from stimulus payments and pandemic savings. But this year, Americans aren’t feeling great. And they’re holding back on spending.

02 Dec, 2023 @ 12:00 by Seeking Alpha
02 Dec, 2023 @ 06:01 by Yahoo! Finance

MPs have cautioned the Bank of England over its plans for a digital pound in a Treasury Committee report.

01 Dec, 2023 @ 20:54 by Yahoo! Finance

* Powell says risks of over- or under-tightening now balanced * U.S. manufacturing sector remains in contraction territory * Post-Powell, U.S. rate futures price in 62% chance of March rate cut (Adds comment, updates prices) By Gertrude Chavez-Dreyfuss NEW YORK, Dec 1 (Reuters) - The dollar fell on Friday, after two days of gains, as Federal Reserve Chair Jerome Powell struck a cautious tone on further interest rate moves, saying that the risk of under- or over-tightening is now more balanced. The market viewed his comments as dovish, with investors pricing in expectations that the Fed is likely done raising rates.

Pound was stronger against the euro and could continue to get a lift from expectations that the ECB will cut interest rates before the BOE.

01 Dec, 2023 @ 12:40 by Seeking Alpha

The main economic release Friday is the ISM manufacturing PMI, while traders will also pay close attention to comments from Fed Chair Jerome Powell later in the session, looking for clues of the central bank’s rate outlook.

* Euro falls after inflation data * Dollar rises, but set for weakest month in a year * U.S. inflation moderates in October * Yen back from the brink; strongest month in 2023 * Month-end activity muddles FX action (Updates prices, adds Fed rate cut probabilities next year) By Gertrude Chavez-Dreyfuss NEW YORK, Nov 30 (Reuters) - The dollar gained on Thursday as investors took profits on bets the currency would weaken further and shrugged off data showing signs the U.S. economy is slowing. Euro weakness after a soft euro zone inflation report also partly helped boost the greenback, analysts said. The dollar index, which measures its value against six major currencies, rose 0.6% to 103.38 and was on track to post its best daily gain in more than a month.

* Euro falls after inflation data * Dollar rises, but set for weakest month in a year * U.S. inflation moderates in October * Yen back from the brink; strongest month in 2023 * Month-end activity muddles FX action (Recasts; adds new comment, details, monthly milestones, bullets; updates prices) By Gertrude Chavez-Dreyfuss NEW YORK, Nov 30 (Reuters) - The dollar gained on Thursday as investors took profits on bets it would weaken further and it shrugged off data showing signs of a slowing U.S. economy that suggested the Federal Reserve may be done raising interest rates. Euro weakness after a soft euro zone inflation report also partly helped boost the greenback, analysts said.

The euro fell on Thursday after euro zone inflation eased by more than forecast this month, fuelling bets of early European Central Bank rate cuts, while the dollar rose from a three-month low but was still set for its biggest monthly drop in a year. Consumer price growth in the 20 nations that share the euro currency dropped to 2.4% in November from 2.9% in October, well below expectations for a fall to 2.7%. "The message from today's European CPI data is clear," said Matthew Landon, global market strategist at J.P. Morgan Private Bank.

The European Commission's proposal to support Ukraine with 50 billion euros ($54.6 billion) of loans and grants over the next four years is not contested by anybody, European Budget Commissioner Johannes Hahn told a news briefing on Thursday. EU governments have been haggling over a revision of the 27-nation bloc's long-term budget after the Commission proposed in mid-year that EU countries provide an extra 66 billion euros to the common budget, most of it for Ukraine.

30 Nov, 2023 @ 12:19 by Yahoo! Finance

The annual rate of inflation in the eurozone was lower than expected for the second straight month in November, increasing the likelihood that the European Central Bank’s next move will be a cut. Consumer prices were 2.4% higher than a year earlier in November, the slowest increase since July 2021. Economists surveyed by The Wall Street Journal last week had expected to see a much more modest dip in the inflation rate to 2.8% from 2.9% in October.

The UK’s debt-to-GDP ratio is set to rise above official forecasts given continued pressure for more spending unless future governments raise revenues, reduce the welfare state or significantly improve growth.

The dollar edged up from a three-month low on Thursday but was still set to post its steepest monthly decline in a year as investors ramped up bets that the Federal Reserve was done with rate hikes ahead of a crucial inflation report later in the day. The euro dropped after lower-than-forecast French consumer prices data, a day after data showed price growth in Germany and Spain also slowed, suggesting downside risks to the euro area figure released later in the day. "The key drivers in November for the dollar weakness have been the benign inflation data and the loosening signs of the labour market," said Mohamad Al-Saraf, associate, FX and rates strategy at Danske Bank.

Euro zone sovereign bond yields fell and money markets increased their bets on future interest rate cuts on Wednesday after German and Spanish inflation eased by more than expected in November. The inflation rate in Germany fell to 2.3% this month, data from the federal statistics office showed, below expectations in a Reuters poll of 2.6%. Data released earlier from German states had indicated a slowdown in price pressures, while Spain's 12-month inflation rate fell to 3.2% in November, below expectations of 3.7%.

The U.S. dollar rose slightly on Wednesday after falling to its lowest in more than three months on hopes that the Federal Reserve will soon cut rates, while the euro slipped as data showed European inflation cooled in November. Comments from Fed official Christopher Waller flagging a possible rate cut in the months ahead sent U.S. bond yields and the dollar sliding on Tuesday.

Euro zone sovereign bond yields fell and money markets increased their bets on future policy rate cuts on Wednesday after data from Germany's most populous state of North Rhine-Westphalia (NRW) supported expectations for a drop in German inflation. Data from German states is used to calculate a preliminary inflation figure, which will be released later in the day. Germany's 10-year bond yield, the benchmark for the euro area, fell 5.5 basis points (bps) to 2.44% after briefly hitting 2.418%, its lowest since early August.

29 Nov, 2023 @ 10:41 by Yahoo! Finance

Euro zone economic sentiment increased slightly for a second consecutive month in November, in line with expectations, as a modest up-tick of the mood in services, retail and amongst consumers outweighed a decline in manufacturers' confidence. The European Commission's monthly survey on Wednesday showed economic sentiment in the 20 countries sharing the euro rose to 93.8 points from a revised 93.5 in October. Sentiment in services, the biggest sector of the euro zone economy, rose against expectations of a decline, while for industry, sentiment fell against expectations of an increase.

29 Nov, 2023 @ 04:37 by Seeking Alpha

Investors expect the Federal Reserve to start cutting interest rates in 2024, which has sent the dollar tumbling.

28 Nov, 2023 @ 15:12 by Yahoo! Finance

The euro was up against the dollar and the small improvement in German consumer sentiment was seen as a good sign for the euro.

The U.S. dollar edged higher in early European trade Tuesday, but remained near a three-month low as traders awaited key inflation data amid growing conviction that the Federal Reserve has completed its rate-hiking cycle. The dollar retreated on Monday after data showed that U.S. new home sales fell 5.6% in October, pointing to a slowdown in the U.S. economy, and supporting bets that the Federal Reserve could start cutting interest rates in the first half of next year after ending its hiking cycle at the start of this month. The Fed’s preferred inflation gauge, the personal consumption expenditures price index, is expected to have risen 0.1% in November, a fall from 0.4% in September.

24 Nov, 2023 @ 16:02 by Yahoo! Finance

The euro has gone back and forth during the course of the week, showing signs of hesitation after an extraordinarily bullish week for the previous candle.

24 Nov, 2023 @ 15:12 by Seeking Alpha

The U.S. dollar edged lower in thin holiday-affected volumes Friday, amid uncertainty of the future path of U.S. interest rates. Volumes are likely to be limited Friday due to a shorter U.S. trading session after Thursday’s Thanksgiving holiday. This data “has triggered a growing market impact, but may fail to decisively steer the dollar in a low-volume day,” said analysts at ING, in a note.

23 Nov, 2023 @ 16:34 by Yahoo! Finance

Euro zone bond yields rose on Thursday after economic data showed European economies were struggling in November but faring less badly than expected. The yield on Germany's 10-year bond, the benchmark for the bloc, was last up 3 basis points (bps) at 2.593%. Business activity in the euro zone contracted in November, according to purchasing managers' index (PMI) survey data released on Thursday, although the figures were slightly less bad than economists expected.

20 Nov, 2023 @ 18:41 by Seeking Alpha
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