These are the stocks posting the largest moves in midday trading.
Archiv für den Monat: März 2022
Stitch Fix shares plummet after company cuts guidance for the year
Stitch Fix offered a weak outlook for its fiscal third quarter and slashed its forecast for the full year.
US MBA mortgage applications w.e. 4 March +8.5% vs -0.7% prior
Prior -0.7%Market index 502.5 vs 463.1 priorPurchase index 267.6 vs 246.3 priorRefinancing index 1,829.7 vs 1,685.7 prior30-year mortgage rate 4.09% vs 4.15% prior
Russia says will shortly define list of goods subject to import and export bans
In case you missed it, it relates to the news from yesterday here.There’s no other details being offered yet from the Russian camp so we can only wait and see. But at least there is a mention that it will be „soon“ though that in itself is rather subjective at times. Also, an important list to remem
Ukraine’s Kuleba says he has limited expectations from talks with Russia’s Lavrov
I think that is pretty much the baseline expectation for markets as well. As much as there is hope of a high-level dialogue between the two countries, the demands and conditions by Moscow and Kyiv remain unchanged.And at this stage, it is highly unlikely that either side will cede ground or back dow
Moscow says that US has declared economic war on Russia
Russia will defend its interestsNeed to make a deep analysis of the situation (regarding US energy ban)Fighting words from Russia and they are seemingly ready to respond in due kind, as reported earlier here. We’ll see what the list will comprise of and whether or not that will add further volatilit
Gold down 2% amid calmer risk tones, backs away from August 2020 highs
Risk trades are rallying in European morning trade as markets are somehow feeling less worried about the Russia-Ukraine situation. It’s just pure volatility in my view as the war isn’t over and headline risks are still paramount.But we are seeing gold be dragged lower after having tested the Aug