Wall Street Week Ahead: With stocks at record highs, investors look to upcoming earnings

© Reuters. FILE PHOTO: FILE PHOTO: A sign for the Wall Street subway station is seen in the financial district in New York By Caroline Valetkevitch NEW YORK (Reuters) – Wall Street is kicking off a crucial reporting season as U.S. companies provide quarterly results a year after the coronavirus pandemic crippled the economy and […]

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Oil prices hold steady as investors weigh rising supplies, demand outlook

© Reuters. Views of Total Grandpuits oil refinery By Florence Tan SINGAPORE (Reuters) -Oil prices were little changed on Friday as investors weighed rising supplies from major producers and the impact on fuel demand from the COVID-19 pandemic. futures for June edged down 2 cents to $ 63.18 a barrel by 0450 GMT, while U.S. […]

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Exclusive: Top investors to call for improved working conditions in care homes

© Reuters. Coronavirus disease (COVID-19) vaccination in France By Elizabeth Howcroft LONDON (Reuters) – A group of investors managing a collective $ 3 trillion in assets will call on operators of nursing homes to improve pay and working standards for care workers, noting the “devastating outcomes” of the COVID-19 pandemic on the industry. Aviva (LON:) […]

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Younger crypto investors do it for ‘thrills’, UK financial watchdog says

2/2 © Reuters. FILE PHOTO: Representations of the Ripple, Bitcoin, Etherum and Litecoin virtual currencies are seen on motherboard in this illustration picture 2/2 By Huw Jones LONDON (Reuters) – Thrill-seeking younger people are turning to online apps to invest in high-risk crypto-assets and foreign exchange even though most are unable to absorb big losses, […]

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Barkin: Fed’s rate guidance is ‘explicit,’ investors should watch outcomes

© Reuters. FILE PHOTO: Federal Reserve Bank of Richmond President Thomas Barkin poses during a break at a Dallas Fed conference on technology in Dallas WASHINGTON (Reuters) – Investors evaluating Fed policy should focus on the central bank’s “explicit” guidance on its plans and the relevant economic outcomes, not on second-guessing far ahead of time […]

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Asian markets offer mixed signals as investors juggle stimulus, pandemic

© Reuters. FILE PHOTO: Screen displays Nikkei share average and stock indexes outside a brokerage in Tokyo By Pete Schroeder WASHINGTON (Reuters) – Asian markets pointed to a mixed open on Wednesday, as investors juggle the prospects for an economic comeback and additional stimulus with continued pandemic concerns. Australia’s benchmark was up 0.06% in early […]

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Going all-in? Investors’ cash levels dip to 2013 pre-taper-tantrum levels

© Reuters. The front facade of the NYSE is seen in New York By Thyagaraju Adinarayan LONDON (Reuters) – Cash levels in investment portfolios have hit the lowest since just before the so-called taper tantrum of 2013, according to Bank of America (NYSE:)’s February fund manager survey, which also showed investors to be overwhelmingly bullish […]

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Gold Holds Gain as Investors Look to Stimulus, Weakening Dollar

© Bloomberg. Bars of gold bullion sit underneath a 12.5 kilogram gold bar at the Valcambi SA precious metal refinery in Balerna, Switzerland, on Tuesday, April 24, 2018. Gold’s haven qualities have come back in focus this year as President Donald Trump’s administration picks a series of trade fights with friends and foes, and investors […]

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