No change of the indicator value may reduce the volatility of the related markets.
No change of the indicator value may reduce the volatility of the related markets.
EBay Inc. released its third-quarter 2022 report Wednesday, outperforming Wall Street’s estimates. Consumers, trying to avoid the impact caused by soaring inflation, started to purchase refurbished goods.
On Wednesday, Boeing Chief Financial Officer Brian West notified investors that the company’s revenue in the new year will be $3-5 billion upon payment of all tax liabilities. These forecasts were announced at the conference for investors ahead of the increasing supplies of airplanes 737 MAX и 787.
A sharp drop in US stock indices happened on Wednesday after Fed Chair Jerome Powell stated that it was too early to think about pausing rate hikes.
In early November, a thorough analysis of major market movements over the past month is underway. Arcane Research senior analyst Vetle Lunde was able to identify the direction in which the market is likely to move for the foreseeable future.
Amazon Inc. is postponing a hiring process in its advertising division. These actions point to cuts in the world's largest e-commerce platform’s spending due to the sales slowdown.
The U.S. dollar slipped against major currencies on Wednesday. Traders are concerned about the U.S. Federal Reserve's upcoming interest rate decision and it affects the exchange rate. The Fed is about to take measures that will give hints to future policy.
Bank of Canada Governor Tiff Macklem stated that he doesn’t exclude the possibility of another sharp rate hike for the purpose of fighting inflation. Inflation remains higher than its target level of 2%, even though it declined to 6.9% in recent times.
Ripple Labs is still suing with the SEC. In this regard, cryptocurrency exchange Coinbase, located in the United States, has asked for help for the technology company. The exchange was the latest company to join in supporting Ripple Labs in its conflict with the SEC.
New Zealand's unemployment data showed that the third quarter indicators remained the same. However, a wage growth took place, putting more pressure on the central bank to keep interest rates hiking.
The Federal Reserve is expected to hike rates by 75 basis points on Wednesday to a range of 3.75 to 4%. Thus, rates will be at their highest since 2008.