Despite reporting that Q3 earnings matched expectations, Twitter shares tanked this week – dropping more than
U.S. economy expanded an annual pace of 3.5 percent during the third quarter – exceeding forecasts for a growth of
U.S. durable goods orders unexpectedly fell 1.3 percent in Sept. to a seasonally adjusted $241.63 billion, as demand for investment goods made its largest downturn in 8 months with
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U.S. consumer confidence also made an unexpected advance in Oct. – rising from a reading of 89 to a 7-year high of 94.5 versus forecasts for a decline to 87 – as
A reading on the U.S. service sector fell from a reading of 58.9 to a 6-month low of 57.3 in Oct. – missing forecasts
Although Facebook reported that Q3 revenue climbed 59 percent to $3.2 billion versus forecasts of $3.12 billion, the company’s shares tumbled more than 10 percent this week. The decline came
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Pfizer’s Q3 profit rose 3 percent to $2.67 billion or $0.57 a share – beating forecasts of $0.55 a share – as sales came in at $12.36 billion versus Wall Street’s projection of $12.24 billion.
The U.S. dollar strengthened against its major counterparts this week, with the Bloomberg Dollar Spot Index hitting a 3-week high of 1,073.85, after a report showed
Brazil’s real climbed 1.7 percent to 2.4214 against the U.S. dollar after the Brazilian Central Bank unexpectedly raised its interest rate to
According to Wednesday’s EIA report, the nation’s crude oil supplies rose by 2.1 million barrels to 379.7 million barrels compared to forecasts for a build of 2.8 million barrels. Gasoline supplies fell
Natural gas storage rose by 87 billion cubic feet to 3.480 trillion cubic feet last week – beating forecasts for a build of 85 billion cubic feet. Supplies now stand 294 billion cubic feet
The International Grains Council raised its global corn production estimate from 974.2 million metric tons to
Wheat rebounded from a 4-year low hit in Sept. – rising 1.5 percent to $5.3075 a bushel – after Agritel called for Australia’s 201/15 harvest to fall to a 5-year low
Market researcher SovEcon called for Russia’s 2015 wheat harvest to fall below 50 million metric tons from the current year’s projection of
China’s gold imports via Hong Kong rose from 25.6 metric tons to a 5-month high of 61.7 tons in Sept., as the National Day holiday boosted jewelry sales
According to the International Monetary Fund, Russia added 37.2 metric tons of gold to its reserves in Sept. – marking the largest stockpile advance since 1998. Holdings now stand at
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Rice futures continued to decline this week after hitting a 4-year low of $11.375 for 100 pounds
The Cotton Advisory Board expects India’s cotton exports to fall 23 percent year-on-year to 9 million bales in 2014/15. However, analysts are calling for
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