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This afternoon, US nonfarm payrolls figures were announced by the US Bureau of Labor Statistics. The bureau reported that total nonfarm payroll employment rose by 303,000 in March, while unemployment rate changed little at 3.8%. According to the release this was “significantly higher than the average monthly gain of 231,000 over the prior 12 months.” […]

• April 05, 2024 05:47 AM PDT
• Invezz

The USD/CAD exchange rate rose for the second straight day after the latest US and Canadian jobs numbers. It rose to a high of 1.3580 on Friday, higher than this week’s low of 1.3477.  US and Canada jobs numbers The USD/CAD pair has been quite volatile this week as traders reflected on the statement by […]

• April 05, 2024 05:32 AM PDT
• Invezz

Candel Therapeutics Inc is up roughly 30% in premarket on Friday after reporting positive interim data for its experimental treatment of non-metastatic pancreatic cancer. CAN-2409 data sends Candel Therapeutics stock up Patients on CAN-2409 showed a meaningful increase in survival in a Phase II study, as per the biotechnology company. No new safety concerns were […]

• April 05, 2024 05:28 AM PDT
• Invezz

The crude oil price has been on a winning streak lately, with brent crude oil reaching a high of over $91 per barrel today, its highest price since October last year. All in all, the crude oil price has gained more than 8% in the past month. And, leading the supply charge of oil around the […]

• April 05, 2024 04:45 AM PDT
• Invezz

Shockwave Medical Inc (NASDAQ: SWAV) is in the green today after Johnson & Johnson (NYSE: JNJ) said it will buy the medical device maker for $12.5 billion. Shockwave Medical stock priced at a premium The all-cash agreement values each share of Shockwave Medical at $335 – a 5.0% premium on their previous close. JNJ expects […]

• April 05, 2024 04:18 AM PDT
• Invezz

The IAG (LON: IAG) share price has done well this year. It has jumped in the past four straight weeks and is hovering near the highest point since November 2021 as investors cheer the company’s outlook. It peaked at 177.85p this week, making it one of the best-performing companies in the FTSE 100 index. Strong […]

• April 05, 2024 03:00 AM PDT
• Invezz

With bullishness for the AI revolution in full swing, chipmakers like Nvidia (NASDAQ: NVDA) and Advanced Micro Devices (NASDAQ: AMD) seemed untouchable in their parabolic rises. Until today, that is. AMD was down 8.26% today before markets opened. This was after having lost almost $17 on its share price yesterday, closing at 165.83 on April […]

• April 05, 2024 01:13 AM PDT
• Invezz

Shell, a major player in the oil and gas industry, has adjusted its outlook for its gas division as it prepares to report on its performance for the first quarter of 2024. In a trading update, the company anticipates a modest target of 960k-1m barrels of ...

• April 05, 2024 12:41 AM PDT
• Team Kalkine Media

European bank stocks are surging and beating their American rivals this year. The closely-watched iShares Stoxx Europe 600 Banks ETF (EXV1) has jumped by over 16% this year while the SPDR Bank ETF (KBE) has retreated by about 1%.  Most European bank stocks are thriving but few are beating ING Group, the biggest Dutch bank. […]

• April 04, 2024 11:02 PM PDT
• Invezz

The USD/INR exchange rate remained in a consolidation phase on Friday after the Reserve Bank of India (RBI) delivered its March interest rate decision. The pair was trading at 83.40 on Friday, where it has been in the past few days as focus shifts to the upcoming US nonfarm payrolls (NFP) data. US NFP data […]

• April 04, 2024 09:05 PM PDT
• Invezz