Summary The Fed is on hold due to a cooling CPI print. The US trend remains positive, despite slower short-term momentum. The crowd’s optimism dampened by Weekly and Daily Poll combination. Since our last ‘Three Tactical Rules’ update on June 9th, the S&P 500 is up less than one percent. The stagnation by […]
Shares of KPIT Technologies crashed nearly 7% to a day’s low of Rs 592 on the BSE after the company reported a 32% decline in its consolidated net profit to Rs 117 crore for the first quarter of FY27. KPIT Tech’s revenue from operations, meanwhile, rose around 9% YoY to Rs 1,675 crore during Q1 […]
Housing supply and consumer financial worries appear to have a larger effect than headline mortgage rates in subduing the current home purchase market, according to a new survey of lenders. Processing Content In research conducted by buy-before-you-sell firm HomeLight, 46% of loan officers said an inadequate supply of affordable entry-level starter homes represented the biggest […]
Personal accident insurance offers no such certainty. Its exclusions are extensive and linked to the nature of the accident. Common exclusions include intoxication, adventure sports, hazardous occupations, self-harm and war. Premiums may be revised at renewal, and renewal itself is not always guaranteed.
Munis were slow to react Wednesday, as the Federal Open Market Committee left rates unchanged. U.S. Treasuries sold off on the long end and equities were lower. Processing Content Muni yields richened by up to three basis points or cheapened by up to two basis points, depending on the scale. UST yields were firmer up […]
Major cryptocurrencies are unchanged over 24 hours. But masking the calm are erratic back-and-forth price swings around the Fed meeting that flushed out leveraged futures bets, triggering heavy liquidations. About $286 million in positions were liquidated across 87,294 traders in 24 hours, according to CoinGlass. Longs accounted for $186 million of the damage and shorts […]
Axi has become the Official Online Trading Online Trading Online trading represents the trading of fiat currencies, digital currencies, commodities, stocks and indices, where traders and investors intend to make a profit, via the purchase or sale of the aforementioned products. This is done through an electronic network, made accessible by brokers in the form […]
July preliminary CPI +3.5% vs +3.4% y/y expected Prior +3.2% July preliminary HICP +3.8% vs +3.7% y/y expeced Prior +3.6% Headline annual inflation continues to accelerate in Spain with the monthly change even reflecting a 0.2% increase. This now marks the sixth straight monthly increase in headline inflation, which follows from the 0.6% jump in […]
Jersey Mike’s IPO is almost here. The restaurant chain said it expects its shares to begin trading on the New York Stock Exchange on Thursday using the ticker “JMKE,” according to an SEC filing. The company expects the stock to price between $21 and $25 a share, though investors will get an exact price before […]
Shares of Dabur India fell more than 4% on Thursday even after the FMCG major reported Q1 earnings broadly in line with estimates, with brokerages highlighting key factors investors should watch out for now. Dabur shares dropped to Rs 415.55 apiece on NSE on Thursday amid an overall muted market sentiment. The company on Wednesday […]