September 17, 2024 9:09 am
The USD/CAD currency pair traded within a narrow range on Tuesday ahead of the outcome of the Federal Reserve’s two-day policy meeting and Canada’s CPI data. Markets are now pricing in about a 67% chance of a 50 basis point Fed rate cut at the Fed’s September 17th-18th policy meeting, compared to a 30% chance […]
Read moreSeptember 17, 2024 8:05 am
The USD/SGD currency pair plunged to 1.2932, a level not seen since mid-November 2014, on Tuesday, as market players increased wagers on an imminent super-sized interest rate cut by the Federal Reserve this week. Meanwhile, data showed Singapore’s non-oil domestic exports had surged in August, but at a slower rate than expected. Markets are now […]
Read moreSeptember 16, 2024 10:56 am
The USD/NOK currency pair extended a string of losses on Monday, while touching a fresh one-week low of 10.5814, as investors largely expected a super-sized interest rate cut by the Federal Reserve this week. Meanwhile, data showed Norway’s trade surplus had expanded in August. Markets are now pricing in about a 59% chance of a […]
Read moreSeptember 16, 2024 7:52 am
Spot Gold extended gains, while recording a fresh all-time high of $2,589.71 per troy ounce on Monday, as investors largely expected a super-sized interest rate cut by the Federal Reserve this week. The US Dollar along with US Treasury yields extended their decline. Markets are now pricing in about a 59% chance of a 50 […]
Read moreSeptember 15, 2024 12:22 pm
Industrial production in the Euro Area was reported to have shrunk 0.3% month-over-month in July, following a flat reading in June. The latest result came in line with market consensus. In July, output dropped for: – intermediate goods (-1.3% after a 0.6% rise in June); – capital goods (-1.6% after a 1% surge in June); […]
Read moreSeptember 13, 2024 8:56 pm
Paramount Group Inc (NYSE: PGRE) said on Friday that its Board of Directors had suspended the regular quarterly dividend, which would have otherwise been paid on October 15th. In 2024, the company paid three regular quarterly dividends totaling $0.1050 per share of common stock. “The decision by our Board of Directors to suspend our regular […]
Read moreSeptember 13, 2024 9:52 am
Williams-Sonoma Inc (NYSE: WSM) said on Thursday that its Board of Directors had authorized a regular quarterly cash dividend of $0.57 per share of common stock. The dividend was kept unchanged from the previous quarterly dividend payment. The dividend will be paid on November 22nd to shareholders of record as of the close of business […]
Read moreSeptember 13, 2024 7:55 am
Trinity Capital Inc (NASDAQ: TRIN) said on Thursday that it had provided $30 million in growth capital to Slingshot Aerospace, a leader in AI-powered solutions for satellite tracking, space traffic coordination, and space modeling and simulation. Headquartered in El Segundo, California, Slingshot builds mission-critical solutions for training, planning, and operations by creating a common operating […]
Read moreSeptember 12, 2024 8:56 pm
US Bancorp (NYSE: USB) said on Tuesday that its Board of Directors had authorized a regular quarterly cash dividend of $0.50 per share of common stock. The latter represents an increase of 2.04% compared to the previous quarterly dividend of $0.49 per share. The dividend will be paid on October 15th to shareholders of record […]
Read moreSeptember 12, 2024 9:01 am
The EUR/SEK currency pair edged higher on Thursday, after Swedish CPI data and as focus sets on the outcome of the European Central Bank’s policy meeting later today. The European Central Bank is largely expected to lower its main refinancing operations rate by 25 basis points to 4% at its September policy meeting, while its […]
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