The Dollar Index (DXY00) fell to a 1.5-week low on Friday and ended down -0.08%. The dollar gave up its early gains last Friday and moved lower on increased chances of the Federal Reserve cutting interest rates at next month’s FOMC meeting. Swaps markets are now pricing in an 83% chance of a Fed rate…
The dollar index (DXY00) fell -0.44% on Tuesday. The dollar is falling after weaker-than-expected US economic news on September retail sales, September core PPI and weekly ADP employment bolstered chances of a Fed rate cut at next month’s FOMC meeting. Additionally, falling bond yields have weakened dollar interest rate differentials after the 10-year Treasury yield…
The dollar index (DXY00) is down -0.35% today. The dollar is falling after weaker-than-expected US economic news on September retail sales and the September core PPI reinforced the chances of a Fed rate cut at next month’s FOMC meeting. Additionally, falling bond yields have weakened dollar interest rate differentials after the 10-year Treasury yield fell…
The S&P 500 Index ($SPX) (SPY) on Tuesday closed up +0.21%, the Dow Jones Industrials Index ($DOWI) (DIA) closed up +1.18% and the Nasdaq 100 Index ($IUXX) (QQQ) closed down -0.31%. December E-mini S&P futures (ESZ25) rose +0.26% and December E-mini Nasdaq futures (NQZ25) fell -0.23%. US stock indices closed mostly higher on Tuesday, with…
Electric vehicle charging company EVgo (NASDAQ:EVGO) will report results this Monday before market hours. This is what you can expect. EVgo beat analysts’ revenue expectations by 15.7% last quarter, reporting revenue of $98.03 million, a 47.2% year-over-year increase. It was an exceptional quarter for the company, with it beating analysts’ EPS estimates and impressively beating…
Let’s delve into the relative performance of monday.com (NASDAQ:MNDY) and its peers as we analyze the now-concluded second-quarter productivity software earnings season. Rising employee costs and the shift toward more remote work have increased the ever-present pressure to improve corporate productivity, which in turn has driven growing demand for productivity software that enables remote work,…
