Category Archive: Finance, No picture
BancFirst (BANF) Tops Q3 Earnings And Revenue Estimates
BancFirst (BANF) came out with quarterly earnings of $0.98 per share, beating the Zacks Consensus Estimate of $0.91 per share. This compares to earnings of $0.67 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 7.69%. A quarter ago, it was expected that this […]
FX Week Ahead: BOC On Wednesday, ECB On Thursday, Q4’18 US GDP On Friday
Talking Points: The Bank of Canada and the European Central Bank will meet next week, the former of which will hike rates by 25-bps and the latter which will do nothing. September Durable Goods and Advance Goods Trade Balance figures on Thursday will shape expectations for Friday’s Q4’18 US GDP report. Retail traders remain mostly net-short […]
Gold Demonstrates Its Resilience
The yellow metal just saw its third straight week of gains after tumbling most of the year. Gold should actually be much lower due to rising U.S. bond yields, but is instead showing resilience. Investors too are moving back into the space with inflows to ETFs backed by gold rising for three consecutive weeks.Global central […]
Economic Calendar: 8 Events That Affect Forex Traders
When it comes to trading the Foreign Exchange (Forex) market, many investors choose to strategize their trading forecast around the volatility of the economic calendar. This calendar revolves around various government and non-government events that help build momentum and urgency for investors to more accurately target trades. One of the biggest challenges trading around economic […]
Columbia Threadneedle Launches A New Municipal Bond ETF
Columbia Threadneedle has launched an ETF named Columbia Multi-Sector Municipal Income ETF MUST expanding on its strategic beta lineup. This ETF tries to serve as a core municipal bond allocation in investors’ portfolio. Further, it could complement the other main holdings by providing for higher tax exempt income and risk-adjusted return potential than traditional benchmark products. “Even though […]
