Global News

This week featured financial results and other news from high-profile companies, as well as big stock moves, with Disney’s post-earnings plunge standing out

This is the fourth day of November in which the German index hits new all-time highs, while the European Commission upgraded its growth forecasts for the year

The Walt Disney Company reported its financial results for the quarter ended October 2, on Wednesday after US markets closed, largely missing estimates

Wednesday’s hot US CPI Inflation provided the catalyst for breaking below the key 1.1492 support and new 2021 lows

The pair enters its third straight losing day and sheds more than 0.5% on the week, having taken a double hit from high US CPI Inflation yesterday and poor Employment data from Australia today

US Consumer Price Index soared in October, with the Core reading rising to 4.6% y/y, compared to 4.0% in September. The pair’s original reaction was lower, as conventional wisdom dictates, but it quickly reacted higher

The pair struggled for direction yesterday as markets lacked conviction and risk tones were mixed, but today it slides, as risk-off mood prevailed during the Asia-Pacific session

The share price of Ford Motor Company hit the $20 mark for the first time in more than 20 years, with F.us registering a staggering nearly 130% year-to-date rally, as investors appear to like its recent turnaround plan under the new CEO

The EV maker releases its financial results for the third quarter of the year, on Tuesday November 9 after US markets close, with its stock having registered a decline during that period

The commodity comes from two negative weeks, but starts the current one on the offensive, helped by the infrastructure bill that was passed by US Congress over the weekend

The week was packed with important events and central banks were front and center, delivering consequential and market-moving decisions. We also had some key economic release and quarterly financial results from high profile firms