Today’s Market Update Another Day of Little Conviction in Markets What to Expect Next As mentioned earlier, it is shaping up to be one of those days in markets. Major currencies are finding little conviction so far today with the overall risk mood a bit more tepid. If there is some movement in the latter,…
Risk Sentiment Fluctuates on Global Data The dollar rose through the US session following China’s PMI contraction, while JOLTS showed strength in the jobs sector. But, there was Fed talk of “skipping” a rate hike, and the Caixin surprised. Chart: EURUSD Key Factors for Today Dollar gained on China’s PMI contraction and JOLTS but weakened…
The Current State of Policy and Its Implications Policy in a Good Place, But Uncertain Future As of now, the policy is in a very good place, with risks of over-tightening and under-tightening balanced out. The news on inflation has been fairly positive, but it is essential to note that it is far too early…
Trade Nation Promotes Richard Nathan as CEO for Bahamas Region A Bold Move to the Bahamas Trade Nation, the forex and CFD brokerage, has made a bold move by promoting Richard Nathan as its Chief Executive Officer for the Bahamas region. Nathan, who previously served as the firm’s Head of Customer Success, brings a wealth…
David Zervos Talks Fed Meeting and Trump’s Demand for Rate Cuts Understanding the Fed Meeting David Zervos, Jefferies chief market strategist, recently joined ‘Power Lunch’ to discuss the Federal Reserve’s upcoming meeting. This meeting is highly anticipated by investors and economists alike, as it will provide insights into the Fed’s monetary policy decisions. Trump’s Demands…
Investigation Launched into Magellan Midstream Partners Merger New York, June 24, 2023 (GLOBE NEWSWIRE) Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, has launched an investigation into whether the officers or directors of Magellan Midstream Partners, L.P. (NYSE: MMP) (“Magellan”) breached their fiduciary duties or violated the federal securities laws in…
The US Dollar (USD) Outlook Analysis by UOB Group’s FX Analysts The US Dollar (USD) could drop further, but it does seem to have enough momentum to threaten the major support at 151.05. In the longer run, USD advance from early last month has ended; it must break and remain below 151.05 before a more…
Origin Bancorp, Inc. (NYSE:OBK) Q4 2024 Results Conference Call – A Recap Company Participants Chris Reigelman – Director, Investor Relations Drake Mills – Chairman, President & Chief Executive Officer Lance Hall – President & Chief Executive Officer-Origin Bank Jim Crotwell – Chief Risk Officer Wally Wallace – Chief Financial Officer Steve Brolly – Chief Accounting…
