Cleveland Fed Pres. Beth Hammack is speaking and says: I see a lot of uncertainty in economic outlook Fed should be neutral and policy stance outlook given the uncertainty. Higher prices are weighing on consumer's ability to stand. Iran war can impact both sides of
Fed: Higher-for-longer stance weighs on Gold – TD Securities TD Securities strategist Bart Melek notes that the latest FOMC decision and the Iran-related Oil shock are pushing the Fed toward a neutral or even restrictive bias, delaying any rate...
TD Securities cites FOMC policy and Iran oil risks delaying Fed rate cuts, pressuring gold prices. Gold prices fell as the Federal Reserve adopted a higher-for-longer stance on interest rates, dimming prospects for near-term cuts. The shift follows the latest FOMC decision
Bitcoin approaches key technical resistance levels after its creator endorses a bullish outlook for the cryptocurrency. Bitcoin (BTC) neared a Bollinger Bands breakout, a technical indicator suggesting potential upward momentum. The move follows comments from the indicator
Federal Reserve policymaker highlights growing risks to the economic outlook amid shifting data and policy challenges. A Federal Reserve official emphasized significant uncertainty in the economic outlook, citing evolving data and external risks. The remarks underscore con
BYND forecasts lower revenue amid declining consumer interest in plant-based protein products. Beyond Meat Inc. shares fell after the company issued softer-than-expected guidance, citing continued weakness in plant-based meat demand. The outlook reflects ongoing challenges
A centuries-old UK tin mine raises capital through high-yield bonds to restart operations amid rising commodity demand. A UK-based tin mining company has issued 13.5% yield bonds to fund the revival of its centuries-old operations. The high coupon reflects elevated risk bu
Expectations center on steady performance as Enbridge prepares to release first-quarter results amid stable energy sector trends. Analysts anticipate Enbridge will report consistent first-quarter earnings, reflecting stable operational performance in its energy infrastruct
The utility provider reported earnings per share of $0.17, aligning with financial performance expectations for the period. Caribbean Utilities Company reported a GAAP basic earnings per share of $0.17 for the latest quarter. The figure reflects the company's financial per
The miner reported non-GAAP EPS of C$0.54, reflecting operational performance amid gold market conditions. Artemis Gold announced non-GAAP earnings per share of C$0.54 for the period. The figure highlights the company’s cost management and production efficiency in a volati
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