Weekly Financial News

15.11 / 04:23
Citi Target Action WhatsApp Experts show recommendations Weekly Chart Check: Contra buy? Down 30% from highs but channel breakout on weekly charts makes City Union Bank an attractive buy
City Union Bank Ltd, part of the private sector banking space, has fallen by about 30% from December 2022 highs but the stock gave a breakout from a channel pattern last week which has opened room for the stock to head higher. As long as the stock stays above 136-140, bulls will be able to make a comeback, suggest experts. If the momentum continues, the short-term target is placed around 160, they say. The private sector bank hit a 52-week high of Rs 204.95 on 15th December 2022, but it failed to hold on to the momentum.
14.11 / 20:13
SEC crypto regulation Us Crypto Regulation Weekly Crypto Regulation News Weekly Digest: Major Nations Commit to Crypto Tax Reporting Standard and EU Issues Draft Stablecoin Guidelines
Last week brought several noteworthy developments in the evolving crypto regulation scene across the globe.
14.11 / 13:55
WhatsApp Celebrity show Weekly Smriti Irani on Akashvani: Union minister to host weekly one-hour show on AIR
Smriti Irani will host a show for Akashvani celebrating the incredible tales of empowerment of women with the aid of initiatives of the Government, and their role in shaping the lives of women in India, government said in a release on Tuesday. As per the release, the stories celebrate the success of women in diverse fields including entrepreneurship, skill development, sports, health and finance.
12.11 / 17:03
Waves economy Nov President show reports Weekly Energy & precious metals - weekly review and outlook
Investing.com — This isn’t how the Saudis imagined it would be. There’s also no certainty after this that it’ll play out the way they want it to be.
11.11 / 16:13
Target Reuters Mobile Sarepta Inside reports Weekly stake BioMarin gains on report Elliott has a stake: Insider trades & hedge funds weekly
Investing.com — Here is your Pro Recap of the biggest insider trades and institutional investor headlines you may have missed this week: Elliott takes a stake in Biomarin Pharmaceutical, Vincent McMahon to sell 8.4 million TKO shares, and top brass buys at Exxon Mobil , Amphenol, Air Products and Chemicals, and Sarepta Therapeutics.
11.11 / 15:03
Enterprise Experts recommendations Weekly These 45 smallcap stocks gained 15-40% as Sensex logs second weekly gain led by global cues; do you own?
BSE Sensex logged its second consecutive weekly gain, supported by declining US bond yields and lower crude oil prices after the US Federal Reserve's rate pause decision. On the stock-specific front, 45 smallcap stocks logged gains in the range of 15 per cent - 40 per cent last week, outperforming the index.
10.11 / 22:39
Target Citizens Apple economy Remark President Department Weekly Stock Market Today: Dow in 2nd weekly win as tech stocks fuel major rebound
Investing.com — The Dow rallied to notch second-straight weekly win Friday as big tech led a rebound in stocks following a wobble a day earlier when Fed chair Jerome Powell's reminder that rate hikes aren't over rattled markets.
10.11 / 19:45
Ethereum ETH BTC Polygon BlackRock Fed Bitcoin ethereum etf Weekly Crypto Macro Weekly: Ether (ETH) Pumps 11% Above $2,100 as BlackRock Files For Spot Ethereum ETF as Broader Market Rally Continues
Ether (ETH), the cryptocurrency that powers the smart contract-enabled Ethereum blockchain that remains the dominant chain in the DeFi, NFT and broader web3 industries, stole the spotlight from its bigger rival Bitcoin (BTC) this week, and was last up close to 11% since Sunday after BlackRock filed to set up a US spot Ethereum ETF with Nasdaq.
10.11 / 17:11
country Weekly Oil headed for third weekly decline on global demand concerns; Brent ticks higher to $81/bbl
₹6,450 per bbl, having swung between ₹6,330 and ₹6,472 per bbl during the session so far, against a previous close of ₹6,372 per barrel. Weak Chinese economic data this week increased worries of faltering demand.
10.11 / 11:39
Remark President show track Weekly Dollar edges lower, but set for weekly gain after Powell's speech
Investing.com — The U.S. dollar slipped higher in early European trade Friday, but was heading for healthy weekly gains after Fed Chair Jerome Powell raised the possibility of further rate hikes to combat inflation. 
10.11 / 06:59
Yellow show Weekly Gold Prices Gold prices dip, set for 2% weekly loss amid hawkish Fedspeak
Investing.com-- Gold prices fell slightly on Friday and were set for steep weekly losses after a string of hawkish comments from Federal Reserve officials saw markets rethink bets for a pause in more interest rate hikes. 
10.11 / 03:19
Citi Experts show country Weekly Oil set for third weekly decline as Middle East conflict concerns ebb
Oil prices were little changed on Friday after rising in the previous session but are set to fall for a third week as concerns of supply disruptions from the Israel-Hamas conflict have ebbed allowing demand worries to reassert themselves. Brent crude futures for January were flat at $80.01 a barrel at 0157 GMT, while the U.S. West Texas Intermediate (WTI) crude futures for December were at $75.67, down 7 cents. Brent futures are down 5.7% this week while WTI has declined 5.9% since last week.
09.11 / 22:13
pandemic Weekly The average long-term US mortgage rate falls to 7.5% in second-straight weekly drop
The average rate on the benchmark 30-year home loan fell for the second week in a row, positive news for prospective homebuyers after rates touched a 22-year high just last month
09.11 / 16:43
Assurant economy Nov show country information Weekly Oil prices rebound, but weekly losses likely as demand concerns persist
Investing.com — Oil prices rose Thursday, recovering from near four-month lows although concerns over a slowdown in global crude demand remain.
07.11 / 23:15
SEC coinbase crypto regulation FinCEN safemoon Bitcoin Etf Crypto Adoption Weekly Crypto Regulation News Weekly Digest: SafeMoon Executive Charges and FinCEN’s Mixing Service Proposal
The cryptocurrency industry increasingly finds itself under the purview of regulators striving to balance innovation with consumer protection and financial stability, as crypto regulation evolves worldwide.
06.11 / 17:11
Manufacturing CEO Align Patrick President Inside Weekly Buffett sells BYD shares; a 51% WeWork bid: Insider trades & hedge funds weekly
Investing.com — Here is your Pro Recap of the biggest insider trades and institutional investor headlines you may have missed last week: Berkshire Hathaway sells $25.8 million worth of shares in China's BYD, Cole Capital Funds seeks to acquire 51% of WeWork, and top brass buys at Align Technology, Arbor Realty Trust, Loews, Greenbrier, and Fifth Third Bancorp.
06.11 / 14:53
Waves Extreme JPMorgan Biogen show information reports 500 Weekly Dow Jones, Nasdaq, S&P 500 weekly preview: Fed sparks a massive rally
Stocks surged aggressively last week as investor bets rose that rates have peaked in the aftermath of the FOMC’s decision to leave rates unchanged. Moreover, the labor market data cooled, signaling the Fed is done hiking.
04.11 / 19:09
Reuters economy reports Weekly Oil reports weekly loss on easing geopolitical risk premium, interest rate pause; Brent at $84/bbl
US Federal Reserve could be done hiking interest rates in the biggest oil consuming economy. Brent crude futures were down $1.92, or 2.3 per cent, to $84.89 a barrel. US West Texas Intermediate crude futures fell $1.95, or 2.4 per cent, to $80.51 a barrel.
03.11 / 21:41
Apple economy ConocoPhillips blues reports Weekly Stock Market Today: Dow in biggest weekly gain of 2023 as monthly job gains slow
Investing.com — The Dow closed higher Friday, wrapping up the week with its biggest weekly gain this year as a weaker-than-expected jobs report stoked hopes that Federal Reserve rate hikes are now in the rearview mirror, pushing Treasury yields sharply lower.
03.11 / 10:55
Provident Target economy show track Weekly Dollar set to post weekly loss; Fed rate peak looms
Investing.com — The U.S. dollar weakened in early European trade Friday, extending earlier losses as traders positioned for the end of the Federal Reserve’s rate-hiking cycle, although moves have been limited ahead of the release of key nonfarm payrolls data later in the session. 

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