Dollar General plans to expand its Popshelf chain to about 1,000 locations. The new format helps the discounter attract suburban customers and drive up profits.
Archiv für den Monat: Dezember 2021
Snowflake stock soars on strong revenue and Q4 guidance
Shares of Snowflake were up more than 13% after it surpassed analyst expectations for third-quarter revenue and provided strong product revenue guidance.
Oil holds light bounce awaiting OPEC+ meeting
WTI up a little over 2% around $67
It is tough to get too optimistic about oil prospects at the moment as omicron fears are still weighing quite heavily on the fundamental backdrop.
It is tough to get too optimistic about oil prospects at the moment as omicron fears are still weighing quite heavily on the fundamental backdrop.
Eurozone October unemployment rate 7.3% vs 7.3% expected
Latest data released by Destatis – 2 December 2021
Eurozone October PPI +5.4% vs +3.5% m/m expected
Latest data released by Eurostat – 2 December 2021
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OPEC+ said to likely discuss pausing oil output hike for January among its options
Reuters reports, citing OPEC+ sources
That shouldn’t be a surprise as it is pretty much the benchmark expectation that oil traders are looking for later today. If they do not go forward with that, I fear that we could see the ugly past few days in oil continue despite a light bounce so far today.
That shouldn’t be a surprise as it is pretty much the benchmark expectation that oil traders are looking for later today. If they do not go forward with that, I fear that we could see the ugly past few days in oil continue despite a light bounce so far today.
FX option expiries for 2 December 10am New York cut
A look at what is on the board for today
Nothing too significant although there are modestly large ones nearby the current spot price for USD/JPY and GBP/USD.
Nothing too significant although there are modestly large ones nearby the current spot price for USD/JPY and GBP/USD.