On Thursday, stocks such as HUL, Escorts Kubota, NLC India, Nuvoco Vistas, AU SFB, VIP Industries, Thyrocare, and Dr. Lal PathLabs will be in focus. Additionally, ITC, IndusInd Bank, NTPC, ACC, JSW Energy, and several others are set to announce their quarterly earnings on October 24.
Bank of Japan Governor Kazuo Ueda expressed concerns over the timing and scale of future interest rate hikes, emphasizing that determining the appropriate normalization of Japan's monetary policy is a constant challenge for him. He stated, “That keeps me awake 24/7,” during a recent event in Washington.
The Bank of Japan is expected to maintain its benchmark interest rate during the upcoming meeting on October 31, with most economists predicting a hike in December or January. A recent survey indicates that 53% anticipate a rate increase in December, while expectations for January have risen to 32%.
Expedia's share price dropped by 2.58% to €145.72, yet UBS has raised its price target from $137 to $156, maintaining a neutral assessment. With a market capitalization of €18.3 billion and a P/E ratio of 13.50 for 2024, analysts suggest potential undervaluation, urging shareholders to consider their next moves.
22:38 23.10.2024
Newmont Corp. reported its largest quarterly profit since 2019, driven by a surge in gold prices. However, the results fell short of Wall Street expectations for revenue and adjusted earnings, leading to a 7.2% drop in shares during postmarket trading, reaching a low of $53.60.
The European Parliament faces a budget impasse for 2025, with MEPs proposing an increase of €1 billion over the European Commission's plan, while national capitals seek to cut nearly €10 billion. The situation highlights divisions among traditional parties, as the European People's Party unexpectedly aligned with far-right groups to push for increased funding for border barriers and deportation centers, alienating its usual allies.
Bond traders are driving Treasury yields higher, suggesting that the Federal Reserve's recent half-percentage point interest rate cut may have been excessive. This rise in yields is exerting pressure on the stock market, particularly affecting companies linked to the housing sector.
Former President Donald Trump's advocacy for tariffs has garnered enthusiastic support from many Midwest businesspeople, despite warnings from mainstream economists about the potential negative impacts on global trade. In a recent interview, Trump discussed how an "America First" approach could yield short-term economic benefits, even at the risk of long-term consequences for the U.S.'s global standing.
Trending
Subcategory:
Countries:
Companies:
Currencies:
People:

Machinary offers a groundbreaking, modular, and customizable solution that provides advanced financial news and statistical analysis. Our platform goes beyond traditional quantitative analysis, offering users a comprehensive understanding of real-time market dynamics, event detection, and risk analysis.

Address

Newsletter

© 2025 by Machinary.com - Version: 1.0.0.0. All rights reserved

Layout

Color mode

Theme mode

Layout settings