Market movement today There are no market movers on the calendar today. This week we’ll focus on US data releases with the planned November jobs report, ISM services and the University of Michigan survey. We expect further cooling in non-farm payrolls on Friday to +140k and expect average hourly earnings to grow steadily at 0.2%. … Read more
OPEC decided to postpone this weekend’s meeting until next week as talks between the Saudi and African members apparently hit a snag. Saudi Arabia probably sensed in this week’s poor price action — “buy the fact that Saudi Arabia will double down on production cuts” — that another 1 mbpd cut is not sending oil … Read more
The previous week marked a significant shift in market sentiment regarding expectations of a Federal Reserve (Fed) rate hike. The latest Consumer Price Index (CPI) update revealed a slower-than-expected inflation rate in the US, along with politicians fending off a government shutdown. Despite these factors, the US 2-year yield tested 4.80% for a fourth time, … Read more
Today’s market movers US CPI for October is the highlight of this week in terms of data releases. We expect core at 0.1m/m and core at 0.3% m/m in line with consensus, but with uncertainty stemming from the auto workers’ strike, which may have temporarily boosted car prices, as well as technical factors related to … Read more
Apollo Hospitals Corporation. Share price 5153.20 03:58 PM | November 03, 2023 266.20 (5.44%) Adani Ports and Special Economic Zone. Share price 795.40 03:56 PM | November 03, 2023 21.11 (2.72%) Eicher Motors. Share price 3428.00 03:57 PM | November 03, 2023 89.70 (2.68%) Titan Company. Share price 3274.50 03:57 PM | November 03, 2023 … Read more