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Market Insights Today: Bank of Canada’s dovish hike; Step up in share buybacks – 26 January 2023
On the back of the weakness in the outlook, especially a 7%-8% sequential decline in its Azure cloud computing in the current quarter, from Microsoft, at one point in the New York morning Nasdaq 100 fell as much as 2.5% and S&P 500 slide nearly 1.7%. Stocks then spent the rest of the day climbing to recover from the morning losses. Nasdaq 100 finished the Wednesday session down only 0.3% and S&P 500 nearly unchanged. Microsoft pared early loss to close 0.6% lower. AT&T (T:xnys) jumped 6.6% on solid wireless subscription growth. Boeing (BA:xnys) plunged as much as 4.2%, following reporting a Q4 loss due to margin ... (full story)
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From scmp.com|Jan 25, 2023China’s first gold purchases in three years are giving market bulls a reason to be optimistic about the price outlook in 2023 after recent setbacks. Citic Securities, the nation’s ...
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From interfax.com|Jan 25, 2023Switzerland imported 28.5 tonnes of gold worth 1.57 billion francs ($1.7 billion) from Russia in 2022, Swiss customs authorities said. This is a 1.6-fold increase from 2021, ...
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From sprottmoney.com|Jan 25, 2023January is not a "delivery month" for COMEX gold. However, open interest and "deliveries" have surged during the month, so this week let's take a minute to get on the same page as ...
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From think.ing.com|Jan 26, 2023Gold prices have surged over the past two months with expectations that the US Federal Reserve will slow its interest rate rises. We have increased our 2023 price outlook slightly ...
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From en.people.cn|Jan 26, 2023Most of the capital goods in China posted higher prices in mid-January of 2023 compared with early January, official data showed. Of the 50 goods monitored by the government, ...
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From stockcharts.com|Jan 26, 2023I personally started out this year saying that, to date, gold has been sold on strength and bought on weakness. And that the day strength is bought is the day we begin a much ...
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- Posted: Jan 25, 2023 11:45pm
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 728
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