News
Important Only
Reuters10 minutes ago
PRECIOUS-Gold rises as soft US GDP report offsets hotter inflation data
Reuters10 minutes ago
Copart falls on lower quarterly earnings
Reuters13 minutes ago
Brazil's Lula says Maduro should be tried in Venezuela, not abroad
Fxstreet13 minutes ago
US headline PCE rose 2.9% YoY in December
Reuters15 minutes ago
EU Commission clears Berlin's control of Rosneft's German assets
Reuters16 minutes ago
US STOCKS-Wall St set for lower open after weaker-than-expected GDP data
Commodities
PRECIOUS-Gold rises as soft US GDP report offsets hotter inflation data
US economic growth slows sharply in the fourth quarterUS PCE inflation heats up in DecemberGoldman sees slowdown in central bank gold buying as temporaryBy Anmol Choubey Feb 20 (Reuters) - Gold prices rose on Friday after U.S. gross domestic product data came in below expectations, even as inflat...Reuters
10 minutes ago
Stocks
Copart falls on lower quarterly earnings
Shares of online vehicle auction services provider Copart CPRT.O dip 12% to about $33 premarketCo on Thursday posted a decline in second-quarter profit and revenue due to lower vehicle sales and service volumesReported Q2 profit of 36 cents/share, as compared to 40 cents/share a year ago Its qua...Reuters
10 minutes ago
Other
Brazil's Lula says Maduro should be tried in Venezuela, not abroad
SAO PAULO, Feb 20 (Reuters) - Brazilian President Luiz Inacio Lula da Silva said on Friday that toppled Venezuelan President Nicolas Maduro should face trial in his own country, not overseas.Maduro was captured from Caracas by U.S. forces earlier this year and taken to New York, where he is accused ...Reuters
13 minutes ago
Economic Indicator
US headline PCE rose 2.9% YoY in December
According to the US Department of Commerce, headline Personal Consumption Expenditures (PCE) inflation came in at 2.9% YoY in December. Core PCE, which strips out food and energy costs, ran a touch firmer at 3.0% YoY, suggesting underlying price pressures are still proving a bit sticky.Fxstreet
13 minutes ago
Commodities
EU Commission clears Berlin's control of Rosneft's German assets
FRANKFURT, Feb 20 (Reuters) - The European Commission on Friday said it had approved the "acquisition of sole control" of Rosneft's ROSN.MM German assets by the German economy ministry.A spokesperson for the Commission, which is the European Union's executive body, said the move mere...Reuters
15 minutes ago
Stocks
US STOCKS-Wall St set for lower open after weaker-than-expected GDP data
Akamai Technologies slides after dour Q1 profit outlook US economic growth slows sharply in the fourth quarterUS PCE inflation heats up in DecemberFutures down: Dow 0.22%, S&P 500 0.28%, Nasdaq 0.43%By Sruthi Shankar and Shashwat Chauhan Feb 20 (Reuters) - Wall Street indexes were on trac...Reuters
16 minutes ago
Stocks
LIVE MARKETS-US stock futures weaken slightly in wake of PCE, GDP data
US equity index futures modestly red: S&P 500 off ~0.2%Dec PCE price index MM, YY > ests; core MM, YY > estsQ4 Advance GDP < estEuro STOXX 600 index up ~0.3%Dollar up slightly; gold gains; crude, bitcoin slipUS 10-Year Treasury yield falt at ~4.08%Welcome to the home for real-time cover...Reuters
16 minutes ago
Other
Canada's EnWave Q1 revenue rises 36% on large-scale machine sales
OverviewCanada vacuum microwave tech firm's Q1 revenue rose 36% yr/yrQ1 adjusted EBITDA loss narrowedCompany signed CLAs in Australia, New Zealand, and U.S.OutlookEnWave did not provide specific guidance for future quarters or fiscal yearResult DriversLARGE-SCALE MACHINE SALES - Co reported reve...Reuters
18 minutes ago
Stocks
BMO raises PT on Canadian agrichemical company Nutrien
Brokerage BMO Capital Markets raises price target on U.S.-listed shares of Canadian agrichemical company Nutrien NTR.TO, NTR.N to $85 from $75The new PT represents upside of 18.4% to stock's last closeBrokerage expects potash markets to stay stable while noting emerging generic crop‑protection p...Reuters
20 minutes ago
Stocks
U.S. STOCKS ON THE MOVE-Deckers Outdoor, CDT Equity, Comfort Systems
The Day Ahead newsletter: https://refini.tv/3LI4BU7The Morning News Call newsletter: https://refini.tv/3dKUyB8U.S. stock index futures dipped on Friday after data showed U.S. economic growth slowed more than expected in the fourth quarter, while inflation rose more than economists' estimates in ...Reuters
20 minutes ago
Economic Indicator
Canada December retail sales down 0.4%; seen up 1.5% in January
OTTAWA, Feb 20 (Reuters) - Canadian retail sales decreased by 0.4% in December to C$70 billion ($51.14 billion) on a monthly basis, led by a drop in sales at motor vehicle and parts dealers, Statistics Canada said on Friday.Sales were down in three of the nine subsectors with the building materials ...Reuters
21 minutes ago
Other
OpenAI’s 200-Person Team Develops AI Devices, Including A Smart Speaker-The Information
Feb 20 (Reuters) - OPENAI’S 200-PERSON TEAM DEVELOPS AI DEVICES, INCLUDING A SMART SPEAKER-THE INFORMATIONOPENAI’S SMART SPEAKER, PRICED $200-$300, WON’T SHIP UNTIL FEB 2027 AT EARLIEST - THE INFORMATIONSource text: https://tinyurl.com/5t4bsnjhReuters
24 minutes ago
Forex
SEK: Soft Swedish inflation supports dovish Riksbank – Nordea
Nordea’s Torbjörn Isaksson notes that Swedish January CPIF and CPIF ex energy were confirmed at 2.0% and 1.7% respectively, with services inflation the main downside surprise. He describes the details as dovish and expects to lower the inflation path.
Other
Argus lifts Chubb PT to $360 on strong retention, improving margins
Argus Research raises PT on insurer Chubb CB.BN to $360 from $308, implying a 9.3% upside to the stock's last closeSays retention rates remain high, margins areimproving, and the company is seeing growth in its overseas operationsIn June 2023, Berkshire Hathaway announced it had taken a 6.4% sta...Reuters
26 minutes ago
Stocks
Danone infant formula recall casts shadow over results beat
Infant formula recalls to have negative impact on first quarter group sales of 0.5%-1%Danone says products in China not affected by recalls Company reports sales growth above expectations Danone looking to 'up its game' in the United StatesShares edge lowerBy Dominique Vidalon and Alexander ...Reuters
26 minutes ago
Economic Indicator
German finance minister calls talk of ECB president succession 'speculation'
FRANKFURT, Feb 20 (Reuters) - German Finance Minister Lars Klingbeil said on Friday that discussion of the term length of ECB President Christine Lagarde was "speculation", but that when it came time to find a successor, Germany would participate actively. "It is also clear that when...Reuters
27 minutes ago
