Nikos Tzabouras

The two ride sharing companies announced this week their latest quarterly financial results, for the third quarter of the year

The Bank of England did not raise rates from 0.1% on Thursday, as it handed down its monetary policy, with two officials dissenting in favor of rate hikes, while the Quantitative Easing program stayed at £895 billion

The pair consolidates and is likely to remain in such pattern as investors await the always-important Jobs Report from the United States, the outcome of which could decide the next leg of the move

The popular lodging platform releases its financial results for the third quarter of the year on Thursday November 4 after the US markets close, following an impressive Q2 report

The pair comes from an impressive October, which culminated to 4-year highs, but has been facing some headwinds after that and the current month is mixed, trading below the aforementioned levels

The US Federal Reserve announced on Wednesday the tapering of its Quantitative Easing program (QE) by $15 billion/month, to begin later in November. However, this was largely dovish, as the bank did not commit to the tapering pace beyond December and did not link the unwinding its asset purchases with future rate hikes, delivering overall the minimum of what was expected. The US Dollar dropped on the news, sending the…

The US Federal Reserve maintained rates at 0-0.25% on Wednesday and announced a $15 billion/month reduction in asset purchases, to begin within this month - $10 billion will be Treasury securities and $5 billion will be mortgage backed securities

Investors keenly await today’s monetary policy decision from the US Federal Reserve, but on Thursday, focus will shift to its UK peer, the Bank of England (BoE), for a potentially consequential meeting

Unemployment in New Zealand dropped to 3.4% during the third quarter, compared to 4% in Q2, making easier for the country’s central bank (RBNZ) to continue down its tightening path

Markets appear to be cautious ahead of the Fed’s potentially consequential monetary policy decision later in the day, as the Eurodollar consolidates following Tuesday’s slide

The Reserve Bank of Australia kept the official cash rate (OCR) at 0.1% today and will continue to purchase government securities at the rate of $4 billion a week until at least mid February 2022. However, it decided to discontinue the target for the yield on the April 2024 bond, after the recent 3Y Yields surge. The Board reiterated that it will not increase the cash rate until actual inflation…