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Steven Goldstein is based in London and responsible for MarketWatch’s coverage of financial markets in Europe, with a particular focus on global macro and commodities. Previously, he was Washington bureau chief, directing MarketWatch’s economic, political and regulatory coverage. Follow Steve on Twitter: @MKTWgoldstein.
In a statement, the now-former Chancellor of the Exchequer Kwasi Kwarteng says he has accepted the decision by U.K. Prime Minister Liz Truss to leave. Kwarteng says Truss’s vision of optimism, growth and change was right, but the “economic environment has changed rapidly” after the presentation of the mini budget. He said it was an […]
Citigroup Inc. C, +1.49% shares dropped 1.3% in premarket trades Friday after the bank posted stronger-than-expected profit, but revenue fell 1% after breaking out divestiture-related impacts, as growth in net interest income was more than offset by lower non-interest revenue. Citi said its third-quarter net income dropped to $3.5 billion, or $1.63 per share, from […]
• Dow Jones reversed from support level 28620.00 • Likely to rise to resistance level 30500.00 Dow Jones index recently reversed up from the key support level 28620.00 (which stopped the previous short-term impulse wave 1), intersecting with the lower daily Bollinger Band. The upward reversal from the support level 28620.00 stopped the earlier impulse […]
• GBPJPY reversed from resistance level 167.40 • Likely to fall to support level 165.3. GBPJPY currency pair recently reversed down from the strong resistance level 167.40 (which is the upper boundary of the sideways price range inside which the pair has been moving from April). The resistance area near the resistance level 167.40 was […]
The International Organization of Securities Commissions proposed a set of new measures to address the increasing risks in digital marketing. 572 Total views 58 Total shares The Board of the International Organization of Securities Commissions (IOSCO) believes regulators on both national and international levels need more power to address increasing risks and challenges from the […]