Tag: Decline

US equities continue to make new lows as Nasdaq decline nears 3%

Yesterday's optimism has certainly faded.The market appears to be indicating that problems in the gilt market aren't solved and when inflation peaks is certainly an open question. Add up the rest of the...

Nasdaq decline nears 4% as focus shifts to next week’s CPI report

The selling in equities today is utterly merciless.The combination of stridently-hawkish talk from Fed officials this week and a decently-strong non-farm payrolls report today has led to an abandonment of the 'Fed pivot'...

Nasdaq extends decline to 2.8% as weekly gain largely evaporates

The Nasdaq is down 2.8% in a broad (and broadening) equity rout after non-farm payrolls. It highlights just how sensitive the market is to economic data. The jobs report wasn't much more than...

S.Korea Sept FX reserves post second-biggest monthly decline on record By Reuters

© Reuters. FILE PHOTO: A South Korea won note is seen in this illustration photo May 31, 2017. REUTERS/Thomas White/Illustration SEOUL (Reuters) - South Korea's foreign exchange reserves shrank by nearly $20 billion in...

Cable extends decline to 240 pips

The wild volatility in the pound continues today with a 240 pips deop to 1.1238. The weekly gain has now been trimmed to about 100 pips as the US dolalr reasserts itself.The pound...

Tickmill UK Sees 86% Profit Jump in 2021 despite a Revenue Decline

FCA-regulated Tickmill UK Limited, a subsidiary of the wider Tickmill Group, reported an 86 percent jump in the pre-tax profits for the year 2021, which ended on December 31. The absolute figure came...

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