ProShares Ultra Semiconductors ETF News

San Francisco, March 13 (IANS) The Nintendo Switch outsold the Xbox Series X and PlayStation 5 in both unit and dollar sales in February after bouncing back from a weaker January, media reports say. Last month, the PS5 took the top spot as the US’ best-selling gaming hardware, while the Switch came in behind the […] The post Nintendo Switch topped console sales once again in Feb appeared first on Buziness Bytes .

The USD/JPY was the star of the forex markets on Friday, closing 1.00% higher at… The post US Dollar Hits 5-Year High Against Japanese Yen appeared first on DailyInvestNews .

The best word to describe the US-initiated move to freeze assets of the Russian central bank as part of a welter of economic sanctions being levelled against the country is quite simply “daft”. It is a case of shooting yourself in the foot – a self-inflicted and hobbling injury.US President Joe Biden and Secretary of State Antony Blinken could not have done a better job of undermining the international role of the dollar – and therefore that of America’s global economic prowess – if that had…

Judge bars higher cost estimate which puts a dollar value on damages caused by additional greenhouse gases emitted

The Solution To The Inflation Problem Is Impossible Without A Status-Quo-Discrediting Crisis Authored by Alasdair Macleod via GoldMoney.com, In recent weeks inflation has become a major economic concern. Nearly all the commentary emanating from monetary policy makers, economists, and the media is misguided , believing inflation is rising prices and must be addressed accordingly. They are only the symptoms of inflation. The true cause is the expansion of currency and bank credit, which, reflected in the US dollars M2 money supply has increased substantially since March 2020, and now stands at nearly three times the level when Lehman failed. After defining the differences between money, currency, and credit which together make up the media of exchange, this article explains how changes in the quantities of currency and credit translate into prices. The solution to the inflation problem is not price controls, which are always counterproductive, but to return to a regime of sound money. This article shows what must be done to achieve this outcome and concludes that it is impossible to do so without a sufficiently serious financial and economic crisis to discredit government intervention in markets and to then allow governments to stabilise their currencies and reduce their spending to a bare minimum.

A Russian attack could begin any day and would likely start with an air assault, White House national security adviser Jake Sullivan told a media briefing

The weekly AUD/USD forecast is bearish as the US dollar recovers amid strong US CPI and Fed''s rate hike speculations.

AUD/USD is slightly higher in early Asia-Pacific trade after a set of positive tech earnings on Wall Street boosted market sentiment. The RBA policy statement is now in focus, along with the US NFP

Six days ago, USD bears were hurting badly. At the close of that day, I warned against excessive USD-optimism based on a few factor. Today, DXY sustai

Dollar falls broadly on euro''s rally after ECB Lagarde''s hawkish comments The single currency rallied across

Dollar weakness provided strong tailwinds today, but bearish market sentiment neutralized any price gain.

Adjusted EBITDA of $150 million and Net Earnings of $70 million with Record Production BURNABY, British Columbia, Feb. 03, 2022 (GLOBE NEWSWIRE) -- INTERFOR CORPORATION ("Interfor" or the "Company") (TSX: IFP ) recorded Net earnings in Q4''21 of $69.7 million, or $1.15 per share, compared to $65.6 million, or $1.05 per share in Q3''21 and $149.1 million, or $2.24 per share in Q4''20. Adjusted net earnings in Q4''21 were $78.2 million compared to $46.7 million in Q3''21 and $164.7 million in Q4''20. Adjusted EBITDA was $149.5 million on sales of $675.9 million in Q4''21 versus $93.9 million on sales of $664.3 million in Q3''21. Interfor recorded Net earnings of $819.0 million, or $12.88 per share in 2021, compared to $280.3 million, or $4.18 per share in 2020. Adjusted EBITDA was $1.2 billion on sales of $3.3 billion. Notable items in the quarter: Record Lumber Production Total lumber production in Q4''21 was 758 million board feet, representing an increase of 27 million board feet quarter-over-quarter and setting an Interfor production record.

Silver prices fall as the US dollar and benchmark yields rally in light of ECB and BOE policy.

The services employment index declined in January ahead of Fridays Payroll report