Eurozone retail sales fall by 1.8% in October - Eurostat

Investing.com -- The dollar was up modestly in early trading in Europe on Monday, at the start of a key week for central bank meetings on both sides of the Atlantic. By 03:00 ET (08:00 GMT), the dollar index, which tracks the greenback against a basket of six advanced economy currencies, was unchanged at 101.72, having drifted for much of last week while the Chinese and some other Asian markets were closed. The yuan reopened strongly on Monday, rising 0.5% to 6.7512 against the dollar.

(Reuters) - Caterpillar Inc (NYSE:CAT)'s fourth-quarter earnings slid by 29%, the company reported on Tuesday, citing higher manufacturing costs and foreign currency effects that weighed on the industrial bellwether's margins. The machinery maker has a robust $30 billion order backlog, but like other manufacturers it continues to grapple with supply...

Investing.com -- The dollar hit its highest level in a week in early trading in Europe on Tuesday, as markets worldwide dialed down their risk appetite ahead of some big central bank meetings over the next couple of days. By 03:00 ET (08:00 GMT), the dollar index, which tracks the...

Investing.com -- The Federal Reserve starts a two-day policy meeting against a backdrop of weakening economic data - although the International Monetary Fund has raised its forecasts for the year a tad. The Eurozone appears to have avoided recession in the second half of last year but it, too, is suffering from a loss of momentum at the year-end. ExxonMobil posts a record profit and there are earnings aplenty from the likes of McDonald's, Caterpillar, and Advanced Micro Devices. And Gautam Adani looks to have attracted enough bids to cover an important share offering for India's capital markets. Here's what you need to know in financial markets on Tuesday, 31st January.

© Reuters. Tesla (TSLA) to offer additional discounts and supercharging incentives. A story by teslarati.com reports today that Tesla (NASDAQ:TSLA) is now offering an additional $3000 discount or 3 years of free Supercharging incentives with the purchase of new vehicles. However, the automaker is requiring owners trade in an existing car to qualify.

Solana Consolidates, Is This the Calm Before the Next Surge?. SOL has been struggling throughout the week while residing in the red zone. The gradient of SOL reduces when it moves into the red rising wedge. A slight variation in prices alters the RSI with a great magnitude, another surge...

If 2022 taught us anything, it’s that we need to swing our portfolios away from this:. We’re Fading “Cardiac” Share-Price Action Like This. That’s the chart of “America’s ticker”—the SPDR® S&P 500 (NYSE:SPY)—last year. I call SPY “America’s ticker” because it’s by far the most popular way to track the S&P 500.

LONDON (Reuters) -More companies suffered insolvency last year in England and Wales than any time since 2009, government figures showed on Tuesday, reflecting the end of coronavirus pandemic support that helped many smaller businesses stay afloat. Total insolvencies rose to 22,109 in 2022, their highest since the global financial crisis...

(Reuters) - Analysts and traders have significantly raised their predictions for gold prices but expect high interest rates to keep a lid on rallies, a Reuters poll showed on Tuesday. Gold tumbled from more than $2,000 an ounce to as low as $1,613.60 last year as rising interest rates pushed...

This week has all the makings of being vital for the coming weeks and months, with the most important publications for the market in focus. The week’s main event will undoubtedly be the Fed's interest rate decision. More specifically, the comments on the decision and the press conference will follow, where investors and traders will look for answers on when the Fed will stop raising rates.

Whales Take Over CRV as Others Await Breakout From Range. Santiment data shows increased whale engagements on Curve Finance network. Circulating supply remained stable for CRV, and smaller holders are not participating in the market. CRV’s price is in sideways movement, awaiting a breakout to establish a new trend.

Lululemon's downgrade hit the wires last week, and as did a fresh buy call for Norfolk Southern. Here are all of this past week's most significant analyst rating changes, covered first on InvestingPro. Sign up for comprehensive, rapid-fire coverage of market-moving analyst moves. Lululemon cut to Underperform. Respected research firm...

DUESSELDORF (Reuters) - German arms maker Rheinmetall had a record year in 2022 and is approaching an order backlog of 30 billion euros, CEO Armin Papperger told Reuters in an interview. "In 2022, we had a very good year, a record year," he said, saying that the fourth quarter would...

If DXY and Fed interest rates were excluded from markets, then no such concept as currency markets would exist. If DXY and Fed interest rates were excluded from American markets, then all financial instruments associated with DXY and Fed interest rates would trade as a wild west concept or volatility x 10 x 100 X unknown.

MEXICO CITY (Reuters) - Mexico's economic expansion likely dipped in the final three months of last year, at a time of sluggish production activity in the United States, a Reuters poll showed on Monday. The United States is by far Mexico's top trading partner. Mexico's gross domestic product (GDP) likely...

BEIJING (Reuters) - China's fiscal revenue rose 0.6% in 2022 from a year earlier, slowing sharply from a 10.7% increase in 2021 due to huge tax rebates for businesses to support the COVID-ravaged economy, data from the finance ministry showed on Monday. Fiscal revenues totalled 20.37 trillion yuan ($3.02 trillion)...

Technicals Suggest DOGE’s Price May Continue Its 24-Hour Rally. DOGE has broken away from the market and posted 24-hour gains. The meme coin has also strengthened against the two crypto market leaders. Technical indicators suggest that DOGE’s price will continue to rise in the next 24 hours. The...

BRUSSELS (Reuters) - Europe and its partners must do more to combat the effect of Chinese subsidies for the manufacture of clean technology products, the European Commission is set to say on Wednesday in its "Green Deal Industrial Plan". The plan is designed to outline how Europe can keep its...

Investing.com - U.S. stock futures were trading slightly during Monday’s evening deals after major benchmark averages finished the regular session lower as market participants brace for a key U.S. Federal Reserve interest rate decision and a slew of corporate earnings results throughout the week. By 18:40 ET (23:40 GMT)...

© Reuters. Bitcoin Premium Hits 60% Due to Nigerian ATM Withdrawal Limits. Nigerian Central Bank pushes its citizens to digitalized cash. ATM withdrawals had daily limits of 20,000 NGN ($43.50) to 100,000 NGN ($217). This led to Bitcoin Premium hitting 60%, approximately $38,989. Nigeria’s central bank continues to encourage...