MCC Markets Taps Affiliate Platform Metawork
MCC Markets, a Dubai-based forex and CFD broker established last year, has enhanced services for its partners with its latest partnership with Metawork, an affiliate platform. It aims at improving the customer experience of MCC Markets’ partners and introducing brokers (IBs Introducing Brokers (IBs) An introducing broker (IBs) represents an entity that is facilitating the […]
New Zealand Dollar Looks Past PM Jacinda Ardern’s Resignation, Eyes on Wobbly Markets
New Zealand Dollar, NZD/USD, NZ PM Resigning, US Data – Asia Pacific Market Open: NZD/USD looks past New Zealand Prime Minister Jacinda Ardern resigning Rather, the Kiwi Dollar sank earlier as risk aversion boosted the US Dollar New Zealand Dollar vulnerable if sentiment deteriorates in Asia-Pacific trade Recommended by Daniel Dubrovsky Get Your Free USD […]
Investors are holding near-record levels of cash and may be poised to snap up stocks
Dollar banknotes.Simpleimages | Moment | Getty ImagesInvestor cash holdings are near record highs, and that could be good news for stocks since there is a wall of money ready to come right back into the market.But the question is this: Will those investors return any time soon, especially with sentiment still so sour and stocks […]
Discover Financial, Alcoa and more
An aluminum coil stands in a warehouse awaiting transport, at an Alcoa World Alumina Australia smelting plant, partially owned by Alumina Ltd., in Point Henry, Australia.Carla Gottgens | Bloomberg | Getty ImagesCheck out the companies making headlines in after-hours trading.Discover Financial Services — Shares of Discover Financial Services slid 6.2% after the credit card company […]
Microsoft, Moderna, Mobileye, Chegg and more
Microsoft Corporation headquarters at Issy-les-Moulineaux, near Paris, France, April 18, 2016.Charles Platiau | ReutersCheck out the companies making headlines in midday trading.J.B. Hunt Transport Services — The transportation stock jumped 4% after executives said on an earnings call that they expect to see the freight market rebound in second quarter going into third quarter as […]
IEA Sees Global Oil Demand Hitting A Record High In 2023
China’s reopening is set to drive global oil demand to a record high of 101.7 million barrels per day (bpd) this year, up by 1.9 million bpd from 2022, the International Energy Agency (IEA) said on Wednesday, raising its demand growth estimate for 2023 by 200,000 bpd from 1.7 million bpd growth expected in December. […]
United Airlines, Moderna, IBM and more
A United Airlines plane taxis at Newark International Airport, in Newark, New Jersey, on January 11 2023.Kena Betancur | AFP | Getty ImagesCheck out the companies making headlines in premarket trading.United Airlines – Shares of United Airlines rose 3.5% after the company reported quarterly earnings that topped Wall Street’s estimates for the fourth quarter, signaling […]
Goldman Sachs, Morgan Stanley, Roblox, Alibaba and more
Brendan McDermid | ReutersCheck out the companies making headlines in midday trading.Goldman Sachs — Shares of the Wall Street investment bank shed more than 7% after it reported its worst earnings miss in a decade. Goldman Sachs missed analysts’ estimates on both the top and bottom lines, with loan loss provisions coming in higher than […]
Goldman, Pfizer, Cheesecake Factory, Alibaba and more
A Cheesecake Factory restaurant in Louisville, Kentucky.Andy Lyons | Getty ImagesCheck out the companies making the biggest moves midday:Goldman Sachs — The bank slid more than 2% after reporting earnings-per-share and revenue that missed Wall Street estimates Tuesday.related investing newsPfizer — Wells Fargo downgraded the pharmaceutical giant to equal weight from overweight on Monday, saying […]
US Dollar looks to stabilize amid cautious markets
Here is what you need to know on Tuesday, January 17: The US Dollar is building on the previous recovery this Tuesday, as risk sentiment remains tentative following the release of China’s growth numbers. China’s Q4 GDP topped forecasts but expanded at the second-slowest pace since the 1970s. China’s GDP expanded by 2.9% in Q4 YoY, official […]