Stay on top of your trading with analyses of the latest market news.
Key points: The Mexican peso weakens to 18.4 per USD, nearing 15-month low of 18.75. Banxico maintains interest rates at 11% with rising inflation. Unemployment drops to 2.6%, trade surplus at $1.99 billion. The Mexican peso weakened to 18.4 per …
Key points: The net profit of Nike for the quarter ended May 31 exceeded expectations by 15.11%. Revenue fell 1.7% to $12.61 billion, missing the expected $12.86 billion. Footwear sales in North America dropped 6% to $3.59 billion, contributing to …
Key points: Chicago wheat prices remained stable on Friday, holding on to gains from the previous session due to strong demand. The market is on track for its largest monthly decline in two years, driven by harvest pressures across the …
Key points: Nikkei closed down 0.82% at 39,341.54, with technology shares dragging. Yen touched 160.88 per dollar overnight, raising intervention concerns. Japan’s Nikkei share average fell on Thursday, reversing much of its gains from the previous session. This drop comes …
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