On Thursday, extended trading saw shares of Adobe shed as much as 5%, after the full-guidance put forward by the design software maker that did not live up to the expectations of analysts. Forecasts vs Expectations The company reduced its…
The Bank of Japan is adamant when it comes to defending its yield cap, but investors are betting that the central bank will have to give into the global market forces. This opens up the possibility of it tweaking its…
With the Sterling sinking and the US Federal Reserve raising borrowing costs rather aggressively, it is understood that pressure will be high on the Bank of England (BoE) policymakers to announce a substantial interest rate hike this week. Increase is…
The retail inflation in India recorded a marginal decline in the month of May after it had climbed to 7.7% in April, which had brought it to a high of eight years. However, the inflation was still above the tolerance…
On Wednesday, the Securities and Exchange Commission (SEC) in the US unveiled a plan that was aimed at overhauling the trading applicable to Wall Street stocks. The securities regulator wants to give competition a boost when it comes to order…
Alonzo Powell