© Reuters. By Yasin Ebrahim Investing.com – The pound was handed a lifeline recently as the Bank of England unexpectedly hike rates for the first time in three years, but the tailwind will be fleeting as U.K. may impose further restrictions to curb the Omicron spread. rose 0.7% to 1.3332. The BoE rate hike has…
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© Reuters. by Daniel Shvartsman Investing.com – Thor Industries (NYSE:) shares traded higher on Wednesday after the company announced a $250M share buyback authorization. The recreational vehicle maker’s shares were up 3.2% in Wednesday trading after announcing the share buyback the prior evening. The press release announcing the buyback also included commentary on the share…
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2/2 © Reuters. FILE PHOTO: An airplane takes off from the Ronald Reagan National Airport as air traffic is affected by the spread of the coronavirus disease (COVID-19), in Washington, U.S., March 18, 2020. REUTERS/Carlos Barria 2/2 By David Shepardson WASHINGTON (Reuters) -The aviation and telecom industries said Wednesday they were making progress to address…
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© Reuters. FILE PHOTO: The sun is seen behind a crude oil pump jack in the Permian Basin in Loving County, Texas, U.S., November 22, 2019. REUTERS/Angus MordanT/File Photo By David Gaffen NEW YORK (Reuters) – Oil prices rose on Wednesday on fears of tight supply and a drawdown in U.S. inventories, despite worries about…
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Mixed cyclical picture in Europe Asia more optimistic Treasury yields inch higher Key Events Despite uncertainty on the potential economic impact of the Omicron variant of COVID-19, as well as the likelihood of approval of the US’s fiscal stimulus bill, , , and futures edged slightly higher in trading on Wednesday after Tuesday’s strong performance…
Read More “Opening Bell: U.S. Futures Struggle To Maintain Rally; Gold Slips, Oil Up” »