Analyst Financial News

By Davit Kirakosyan

By Davit Kirakosyan

The “four pillars” the Bank of Canada says it will use to measure progress against inflation and guide interest rate decisions have already fallen into line, argues one analyst, blunting the central bank’s hawkish warning that it will hike again if price pressures don’t relent.

With economic storm clouds gathering, Canada’s bank regulator is considering stricter capital requirements that some analysts say have the potential to force Royal Bank of Canada, the nation’s biggest lender, to sell equity.

By Davit Kirakosyan

The slide in the yen isn’t over, despite expectations the dollar may not be quite so strong in coming months, said the top forecaster for the currency. 

The United States Financial Accounting Standards Board’s new rules for crypto accounting will eliminate the “poor optics” that plagued companies holding digital assets, according to analysts from Berenberg Capital.

The race for the United States’ first spot Ethereum exchange-traded fund has officially begun after new 19b-4 filings by the Chicago Board Options Exchange (CBOE), which will "ultimately start the clock" for an SEC decision.  

Investing.com — Here is your Pro Recap of the biggest analyst cuts you may have missed since yesterday: downgrades at Block, Stem, General Mills , FMC, and Agiliti.

By Davit Kirakosyan

Fred Holt has joined from Janus Henderson Investors and Lina Ghayor from Exane BNP Paribas.

Stalin's son's «eradicate» Sanatana Dharma" remarks triggered a political slugfest, political analyst Tehseen Poonawalla condemned the language used by the Dravida Munnetra Kazhagam (DMK) minister. Speaking to ANI, Poonawalla said "...This kind of language in our political discourse is absolutely unacceptable. I believe that while every way of life does require reform, those reforms must happen through legislation, political movements, dialogue, through conversation… I think that this kind of language must be condemned." Addressing a conference on Saturday, Udhayanidhi, the minister for Sports and Youth Affairs in the Tamil Nadu government, equated 'Sanatana' (Sanatan Dharma) with «mosquitoes, dengue, malaria, fever and corona», adding that it should be stamped out like these ailments. Tamil Nadu Bharatiya Janata Party (BJP) chief K Annamalai on Sunday launched fresh attacks on the DMK leader over his remarks on 'Sanatana Dharma' and said that the eradication of a particular culture is called genocide. «What Udhayanidhi spoke yesterday should be condemned by the 142 crore people of the country because hatred for a particular religion came out yesterday.

Bitcoin (BTC) stayed below $26,000 into the Sep. 3 weekly close as analysis brushed off overly bearish trader sentiment.

Alkyl Amines Chemicals, Tatva Chintan Pharma Chem, UPL and Gujarat Alkalies & Chemicals are six chemical sector stocks that can give up to 25% upside in the short term, according to Vaishali Parekh, Vice President - Technical Research, Prabhudas Lilladher. As per the technical analysis report by the analyst, these stocks are showing consolidation and are bottoming out and can see a decent upmove. Aarti Industries has made more or less a double bottom pattern formation in the daily chart and has got strong support at around 440 levels.

Investing.com — HP reported Tuesday fiscal third-quarter revenue that fell short of Wall Street estimates and the personal computing giant cut its annual earnings guidance amid a slower than expected rebound in PC demand.  

Here is your Pro Recap of the biggest analyst cuts you may have missed since yesterday: downgrades at VMware, Celanese, Upwork, and Farfetch.

Here is your Pro Recap of the biggest analyst picks you may have missed since yesterday: upgrades at 3M, Oracle, Mister Car Wash , AT&T, and Futu.

Here is your Pro Recap of the biggest analyst cuts you may have missed since yesterday: downgrades at VMware, Celanese, Upwork, and Farfetch.