Trade Mitsubishi Electric Corporation - 6503 CFD
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- Historical Data
- Events
- Income Statement
- Balance Sheet
- Cash Flow
- Ownership
Spread | 11.38 | ||||||||
Long position overnight fee
Long position overnight fee
Go to platform | -0.010999% | ||||||||
Short position overnight fee
Short position overnight fee
Go to platform | -0.011223% | ||||||||
Overnight fee time | 22:00 (UTC) | ||||||||
Min traded quantity | 1 | ||||||||
Currency | JPY | ||||||||
Margin | 5% | ||||||||
Stock exchange | Japan | ||||||||
Commission on trade | 0% |
*Information provided by Capital.com
Mitsubishi Electric Corp ESG Risk Ratings
‘A’ score indicates excellent relative ESG performance and high degree of transparency in reporting material ESG data publicly
Prev. Close* | 1986.8 |
Open* | 1992.29 |
1-Year Change* | 48.68% |
Day's Range* | 1976.82 - 2013.23 |
52 wk Range | 1,273.00-2,105.00 |
Average Volume (10 days) | 5.59M |
Average Volume (3 months) | 129.99M |
Market Cap | 4,401.76B |
P/E Ratio | 18.15 |
Shares Outstanding | 2.10B |
Revenue | 5,202.60B |
EPS | 112.95 |
Dividend (Yield %) | 2.2439 |
Beta | 1.32 |
Next Earnings Date | Jan 31, 2024 |
All data is provided by Refinitiv, except for data marked with an asterisk, which is *data provided by Capital.com
- Last Week
- Last Month
- Last Year
- Last two Years
- Max
- Daily
- Weekly
- Monthly
Date | Close | Change | Change (%) | Open | High | Low |
---|---|---|---|---|---|---|
Dec 6, 2023 | 2003.36 | 17.96 | 0.90% | 1985.40 | 2015.23 | 1985.40 |
Dec 5, 2023 | 1986.80 | -33.41 | -1.65% | 2020.21 | 2023.70 | 1985.80 |
Dec 4, 2023 | 2044.65 | 11.37 | 0.56% | 2033.28 | 2062.91 | 2018.82 |
Dec 1, 2023 | 2045.75 | 37.10 | 1.85% | 2008.65 | 2050.94 | 2008.65 |
Nov 30, 2023 | 1998.87 | 6.49 | 0.33% | 1992.38 | 2009.45 | 1982.81 |
Nov 29, 2023 | 1995.27 | -0.51 | -0.03% | 1995.78 | 2017.82 | 1984.81 |
Nov 28, 2023 | 2020.72 | -24.63 | -1.20% | 2045.35 | 2045.35 | 1998.87 |
Nov 27, 2023 | 2041.65 | -33.91 | -1.63% | 2075.56 | 2086.14 | 2027.19 |
Nov 24, 2023 | 2094.22 | 20.54 | 0.99% | 2073.68 | 2103.10 | 2065.30 |
Nov 22, 2023 | 2043.26 | -30.42 | -1.47% | 2073.68 | 2077.57 | 2038.16 |
Nov 21, 2023 | 2068.69 | 19.45 | 0.95% | 2049.24 | 2083.05 | 2048.14 |
Nov 20, 2023 | 2044.15 | 32.31 | 1.61% | 2011.84 | 2055.63 | 2011.84 |
Nov 17, 2023 | 1999.77 | 46.78 | 2.40% | 1952.99 | 1999.87 | 1952.99 |
Nov 16, 2023 | 1947.41 | -7.08 | -0.36% | 1954.49 | 1963.37 | 1932.45 |
Nov 15, 2023 | 1959.48 | -2.99 | -0.15% | 1962.47 | 1968.95 | 1954.89 |
Nov 14, 2023 | 1943.41 | -9.08 | -0.47% | 1952.49 | 1961.37 | 1940.42 |
Nov 13, 2023 | 1946.90 | -22.45 | -1.14% | 1969.35 | 1969.35 | 1941.42 |
Nov 10, 2023 | 1936.14 | 20.55 | 1.07% | 1915.59 | 1940.12 | 1906.02 |
Nov 9, 2023 | 1910.00 | 5.38 | 0.28% | 1904.62 | 1918.98 | 1888.06 |
Nov 8, 2023 | 1873.20 | -2.99 | -0.16% | 1876.19 | 1899.03 | 1868.71 |
Mitsubishi Electric Corporation Events
Time (UTC) | Country | Event |
---|---|---|
Wednesday, January 31, 2024 | ||
Time (UTC) 04:15 | Country JP
| Event Q3 2024 Mitsubishi Electric Corp Earnings Release Q3 2024 Mitsubishi Electric Corp Earnings ReleaseForecast -Previous - |
- Annual
- Quarterly
2023 | 2022 | 2021 | 2020 | 2019 | |
---|---|---|---|---|---|
Total revenue | 5003690 | 4476760 | 4191430 | 4462510 | 4519920 |
Revenue | 5003690 | 4476760 | 4191430 | 4462510 | 4519920 |
Cost of Revenue, Total | 3596780 | 3212220 | 3017060 | 3200170 | 3186870 |
Gross Profit | 1406910 | 1264540 | 1174370 | 1262340 | 1333050 |
Total Operating Expense | 4741340 | 4224710 | 3961240 | 4202850 | 4229440 |
Selling/General/Admin. Expenses, Total | 1147980 | 1013670 | 953602 | 1017080 | 1043290 |
Research & Development | |||||
Unusual Expense (Income) | 411 | 3529 | -4421 | -11376 | 1036 |
Operating Income | 262352 | 252051 | 230195 | 259661 | 290477 |
Interest Income (Expense), Net Non-Operating | 29827 | 27642 | 28559 | 22325 | 25481 |
Other, Net | |||||
Net Income Before Taxes | 292179 | 279693 | 258754 | 281986 | 315958 |
Net Income After Taxes | 224944 | 217885 | 201683 | 233512 | 237654 |
Minority Interest | -11036 | -14403 | -8551 | -11678 | -11006 |
Net Income Before Extra. Items | 213908 | 203482 | 193132 | 221834 | 226648 |
Net Income | 213908 | 203482 | 193132 | 221834 | 226648 |
Income Available to Common Excl. Extra. Items | 213908 | 203482 | 193132 | 221834 | 226648 |
Income Available to Common Incl. Extra. Items | 213908 | 203482 | 193132 | 221834 | 226648 |
Diluted Net Income | 213908 | 203482 | 193132 | 221834 | 226648 |
Diluted Weighted Average Shares | 2111.73 | 2132.75 | 2145.24 | 2145.09 | 2145.2 |
Diluted EPS Excluding Extraordinary Items | 101.295 | 95.4081 | 90.028 | 103.415 | 105.654 |
Dividends per Share - Common Stock Primary Issue | 40 | 40 | 36 | 40 | 40 |
Diluted Normalized EPS | 101.445 | 96.6971 | 88.4217 | 99.023 | 106.017 |
Other Operating Expenses, Total | -3831 | -4712 | -5002 | -3021 | -1755 |
Total Extraordinary Items |
Jun 2023 | Mar 2023 | Dec 2022 | Sep 2022 | Jun 2022 | |
---|---|---|---|---|---|
Total revenue | 1220300 | 1438460 | 1225670 | 1271840 | 1067720 |
Revenue | 1220300 | 1438460 | 1225670 | 1271840 | 1067720 |
Cost of Revenue, Total | 867274 | 1014230 | 871699 | 934382 | 776473 |
Gross Profit | 353026 | 424230 | 353971 | 337462 | 291250 |
Total Operating Expense | 1159300 | 1339330 | 1142950 | 1225310 | 1033760 |
Selling/General/Admin. Expenses, Total | 290499 | 322381 | 274692 | 291550 | 259358 |
Other Operating Expenses, Total | 1522 | 2722 | -3443 | -626 | -2073 |
Operating Income | 61005 | 99127 | 82722 | 46538 | 33965 |
Interest Income (Expense), Net Non-Operating | 15879 | 3982 | 3237 | 9677 | 12931 |
Net Income Before Taxes | 76884 | 103109 | 85959 | 56215 | 46896 |
Net Income After Taxes | 61568 | 77619 | 66823 | 44839 | 35663 |
Minority Interest | -3734 | -3054 | -2305 | -3506 | -2171 |
Net Income Before Extra. Items | 57834 | 74565 | 64518 | 41333 | 33492 |
Net Income | 57834 | 74565 | 64518 | 41333 | 33492 |
Income Available to Common Excl. Extra. Items | 57834 | 74565 | 64518 | 41333 | 33492 |
Income Available to Common Incl. Extra. Items | 57834 | 74565 | 64518 | 41333 | 33492 |
Diluted Net Income | 57834 | 74565 | 64518 | 41333 | 33492 |
Diluted Weighted Average Shares | 2109.96 | 2111.48 | 2111.42 | 2111.98 | 2112.12 |
Diluted EPS Excluding Extraordinary Items | 27.41 | 35.3141 | 30.5568 | 19.5707 | 15.8571 |
Dividends per Share - Common Stock Primary Issue | 0 | 26 | 0 | 14 | 0 |
Diluted Normalized EPS | 27.41 | 35.3141 | 30.5568 | 19.5707 | 15.8571 |
- Annual
- Quarterly
2023 | 2022 | 2021 | 2020 | 2019 | |
---|---|---|---|---|---|
Total Current Assets | 3388190 | 3090300 | 2846970 | 2628030 | 2624290 |
Cash and Short Term Investments | 706823 | 789314 | 819063 | 594324 | 562992 |
Cash & Equivalents | 645870 | 727179 | 767406 | 537559 | 514224 |
Total Receivables, Net | 1346930 | 1232100 | 1181060 | 1244070 | 1233920 |
Accounts Receivable - Trade, Net | 1235460 | 1129980 | 1084170 | 1152850 | 1134140 |
Total Inventory | 1209250 | 959660 | 743782 | 693890 | 729098 |
Other Current Assets, Total | 125178 | 109220 | 103065 | 95752 | 98287 |
Total Assets | 5582520 | 5107970 | 4797920 | 4409770 | 4356210 |
Property/Plant/Equipment, Total - Net | 896313 | 855746 | 857645 | 854382 | 760540 |
Property/Plant/Equipment, Total - Gross | 3583260 | 3440620 | 3322390 | 3191860 | 3050340 |
Accumulated Depreciation, Total | -2686950 | -2584880 | -2464740 | -2337480 | -2289800 |
Long Term Investments | 595383 | 542523 | 559088 | 458604 | 501793 |
Note Receivable - Long Term | |||||
Other Long Term Assets, Total | 512035 | 457914 | 380704 | 322429 | 331970 |
Total Current Liabilities | 1802830 | 1646720 | 1505380 | 1402660 | 1416340 |
Accounts Payable | 644456 | 601606 | 541774 | 527307 | 559641 |
Accrued Expenses | 332788 | 326703 | 302418 | 265059 | 268651 |
Notes Payable/Short Term Debt | 87492 | 74963 | 72052 | 52967 | 55580 |
Current Port. of LT Debt/Capital Leases | 98812 | 98250 | 80605 | 80402 | 49389 |
Other Current Liabilities, Total | 639278 | 545200 | 508532 | 476930 | 483074 |
Total Liabilities | 2343490 | 2132030 | 2043630 | 1980030 | 1956260 |
Total Long Term Debt | 214454 | 156248 | 212774 | 243634 | 193469 |
Long Term Debt | 214454 | 156248 | 212774 | 243634 | 179207 |
Minority Interest | 124197 | 121456 | 116318 | 109116 | 111209 |
Other Liabilities, Total | 194253 | 202832 | 203396 | 214420 | 225088 |
Total Equity | 3239030 | 2975940 | 2754290 | 2429740 | 2399950 |
Common Stock | 175820 | 175820 | 175820 | 175820 | 175820 |
Additional Paid-In Capital | 202888 | 202695 | 202777 | 202832 | 202834 |
Retained Earnings (Accumulated Deficit) | 2636140 | 2464970 | 2266490 | 2071820 | 1960470 |
Treasury Stock - Common | -52715 | -52068 | -2595 | -2924 | -2983 |
Unrealized Gain (Loss) | 113579 | 85204 | 93893 | 21754 | 55503 |
Other Equity, Total | 163319 | 99324 | 17908 | -39556 | 8306 |
Total Liabilities & Shareholders’ Equity | 5582520 | 5107970 | 4797920 | 4409770 | 4356210 |
Total Common Shares Outstanding | 2111.52 | 2111.97 | 2145.29 | 2145.11 | 2145.05 |
Short Term Investments | 60953 | 62135 | 51657 | 56765 | 48768 |
Goodwill, Net | 90703 | 69123 | 61109 | 53449 | 47681 |
Intangibles, Net | 99898 | 92371 | 92403 | 92874 | 89934 |
Capital Lease Obligations | 14262 | ||||
Deferred Income Tax | 7762 | 4774 | 5759 | 10193 | 10164 |
Sep 2023 | Jun 2023 | Mar 2023 | Dec 2022 | Sep 2022 | |
---|---|---|---|---|---|
Total Current Assets | 3429860 | 3408790 | 3388190 | 3215430 | 3123290 |
Cash and Short Term Investments | 743517 | 741006 | 706823 | 671981 | 710932 |
Cash & Equivalents | 660905 | 642607 | 645870 | 585515 | 631587 |
Short Term Investments | 82612 | 98399 | 60953 | 86466 | 79345 |
Total Receivables, Net | 1242200 | 1197650 | 1346930 | 1194590 | 1163420 |
Accounts Receivable - Trade, Net | 1242200 | 1197650 | 1235460 | 1194590 | 1163420 |
Total Inventory | 1313030 | 1333340 | 1209250 | 1229340 | 1138040 |
Other Current Assets, Total | 131113 | 136790 | 125178 | 119519 | 110896 |
Total Assets | 5711280 | 5668190 | 5582520 | 5306570 | 5204620 |
Property/Plant/Equipment, Total - Net | 935016 | 914645 | 896313 | 896039 | 881090 |
Intangibles, Net | 205554 | 201496 | 99898 | 184714 | 187455 |
Long Term Investments | 635448 | 647711 | 595383 | 554163 | 550249 |
Other Long Term Assets, Total | 505395 | 495552 | 512035 | 456219 | 462541 |
Total Current Liabilities | 1748070 | 1764220 | 1802830 | 1715200 | 1619810 |
Accounts Payable | 576990 | 612137 | 644456 | 616590 | 611434 |
Accrued Expenses | 339132 | 287361 | 332788 | 275791 | 322911 |
Notes Payable/Short Term Debt | 0 | 0 | 87492 | 0 | 0 |
Current Port. of LT Debt/Capital Leases | 193202 | 192491 | 98812 | 308059 | 167130 |
Other Current Liabilities, Total | 638745 | 672233 | 639278 | 514761 | 518332 |
Total Liabilities | 2302320 | 2320890 | 2343490 | 2232720 | 2119360 |
Total Long Term Debt | 212848 | 215698 | 214454 | 185586 | 162095 |
Long Term Debt | 212848 | 215698 | 214454 | 185586 | 162095 |
Deferred Income Tax | 10722 | 14815 | 7762 | 4541 | 4861 |
Minority Interest | 131326 | 129483 | 124197 | 121023 | 125849 |
Other Liabilities, Total | 199356 | 196676 | 194253 | 206364 | 206753 |
Total Equity | 3408960 | 3347300 | 3239030 | 3073850 | 3085260 |
Common Stock | 175820 | 175820 | 175820 | 175820 | 175820 |
Additional Paid-In Capital | 203104 | 202662 | 202888 | 202584 | 202438 |
Retained Earnings (Accumulated Deficit) | 2709400 | 2641540 | 2636140 | 2520450 | 2485600 |
Treasury Stock - Common | -77676 | -61379 | -52715 | -52859 | -52859 |
Unrealized Gain (Loss) | 113579 | ||||
Other Equity, Total | 398313 | 388657 | 163319 | 227860 | 274261 |
Total Liabilities & Shareholders’ Equity | 5711280 | 5668190 | 5582520 | 5306570 | 5204620 |
Total Common Shares Outstanding | 2098.56 | 2107.01 | 2111.52 | 2111.41 | 2111.42 |
Property/Plant/Equipment, Total - Gross | 3583260 | ||||
Accumulated Depreciation, Total | -2686950 | ||||
Goodwill, Net | 90703 |
- Annual
- Quarterly
2023 | 2022 | 2021 | 2020 | 2019 | |
---|---|---|---|---|---|
Net income/Starting Line | 224944 | 217885 | 201683 | 233512 | 237654 |
Cash From Operating Activities | 166711 | 282371 | 542119 | 395834 | 239817 |
Cash From Operating Activities | 238855 | 206813 | 213320 | 210686 | 176247 |
Non-Cash Items | 39388 | 25589 | 16647 | 55837 | |
Cash Taxes Paid | 72813 | 40612 | 49315 | 71448 | |
Cash Interest Paid | 2477 | 2699 | 2284 | 2428 | |
Changes in Working Capital | -297088 | -181715 | 101527 | -65011 | -229921 |
Cash From Investing Activities | -148533 | -114867 | -176552 | -203997 | -210668 |
Capital Expenditures | -151117 | -156062 | -188359 | -192833 | -218027 |
Other Investing Cash Flow Items, Total | 2584 | 41195 | 11807 | -11164 | 7359 |
Cash From Financing Activities | -119568 | -241319 | -157352 | -156454 | -112067 |
Financing Cash Flow Items | -12331 | -16162 | -7546 | -7432 | -172 |
Total Cash Dividends Paid | -84524 | -85723 | -77283 | -85871 | -85871 |
Issuance (Retirement) of Stock, Net | -1575 | -50526 | -367 | -785 | -1055 |
Issuance (Retirement) of Debt, Net | -21138 | -88908 | -72156 | -62366 | -24969 |
Foreign Exchange Effects | 20081 | 33588 | 21632 | -12048 | -2057 |
Net Change in Cash | -81309 | -40227 | 229847 | 23335 | -84975 |
Mar 2023 | Dec 2022 | Sep 2022 | Jun 2022 | Mar 2022 | |
---|---|---|---|---|---|
Net income/Starting Line | 224944 | 147325 | 80502 | 35663 | 217885 |
Cash From Operating Activities | 166711 | -31742 | 50770 | 54655 | 282371 |
Cash From Operating Activities | 238855 | 154402 | 99844 | 48745 | 206813 |
Non-Cash Items | 14634 | -717 | -2517 | 39388 | |
Cash Taxes Paid | 65345 | 38038 | 22869 | 72813 | |
Cash Interest Paid | 2419 | 1536 | 674 | 2477 | |
Changes in Working Capital | -297088 | -348103 | -128859 | -27236 | -181715 |
Cash From Investing Activities | -148533 | -125864 | -89850 | -54437 | -114867 |
Capital Expenditures | -151117 | -121288 | -83125 | -39105 | -156062 |
Other Investing Cash Flow Items, Total | 2584 | -4576 | -6725 | -15332 | 41195 |
Cash From Financing Activities | -119568 | 839 | -91046 | -68870 | -241319 |
Financing Cash Flow Items | -12331 | -10753 | -8777 | -2818 | -16162 |
Total Cash Dividends Paid | -84524 | -84523 | -54940 | -54940 | -85723 |
Issuance (Retirement) of Stock, Net | -1575 | -1575 | -1575 | 0 | -50526 |
Issuance (Retirement) of Debt, Net | -21138 | 97690 | -25754 | -11112 | -88908 |
Foreign Exchange Effects | 20081 | 15103 | 34534 | 28626 | 33588 |
Net Change in Cash | -81309 | -141664 | -95592 | -40026 | -40227 |
Investor Name | Investor Type | Percent Outstanding | Shares Held | Shares change | Holdings Date | Turnover Rating |
---|---|---|---|---|---|---|
Dodge & Cox | Investment Advisor/Hedge Fund | 4.1885 | 89936200 | -13073700 | 2023-09-30 | LOW |
Meiji Yasuda Life Insurance Company | Insurance Company | 3.8125 | 81862000 | 0 | 2023-03-31 | LOW |
Nomura Asset Management Co., Ltd. | Investment Advisor | 3.5521 | 76271015 | -37600 | 2023-09-30 | LOW |
Mitsubishi UFJ Trust and Banking Corporation | Bank and Trust | 2.7386 | 58803660 | -19148900 | 2023-09-25 | LOW |
The Vanguard Group, Inc. | Investment Advisor/Hedge Fund | 2.5371 | 54475965 | 160100 | 2023-09-30 | LOW |
MFS Investment Management | Investment Advisor/Hedge Fund | 2.2664 | 48664471 | 11774700 | 2023-09-30 | LOW |
Mitsubishi Electric Corporation Group Employees | Corporation | 2.1413 | 45979000 | 845000 | 2023-03-31 | LOW |
First Eagle Investment Management, L.L.C. | Investment Advisor/Hedge Fund | 1.824 | 39164400 | 0 | 2023-08-31 | LOW |
Nippon Life Insurance Company | Insurance Company | 1.6924 | 36339000 | 0 | 2023-03-31 | LOW |
BlackRock Japan Co., Ltd. | Investment Advisor | 1.6703 | 35864800 | 29250900 | 2022-05-31 | LOW |
Nikko Asset Management Co., Ltd. | Investment Advisor/Hedge Fund | 1.6508 | 35447023 | 338200 | 2023-09-30 | LOW |
Daiwa Asset Management Co., Ltd. | Investment Advisor | 1.6243 | 34876423 | 143306 | 2023-09-30 | LOW |
BlackRock Fund Advisors | Investment Advisor | 1.4692 | 31546500 | 31130100 | 2022-05-31 | MED |
Norges Bank Investment Management (NBIM) | Sovereign Wealth Fund | 1.4542 | 31224091 | 3377091 | 2022-12-31 | LOW |
BlackRock Institutional Trust Company, N.A. | Investment Advisor | 1.2691 | 27249367 | -12306038 | 2022-05-31 | LOW |
MUFG Bank, Ltd. | Bank and Trust | 0.8759 | 18808385 | -3602800 | 2023-09-25 | LOW |
Mitsubishi UFJ Kokusai Asset Management Co., Ltd. | Investment Advisor | 0.8733 | 18750600 | 517100 | 2023-09-25 | LOW |
T. Rowe Price Associates, Inc. | Investment Advisor | 0.6935 | 14890100 | -42400 | 2023-09-30 | LOW |
BlackRock Investment Management (UK) Ltd. | Investment Advisor/Hedge Fund | 0.596 | 12798268 | 1308419 | 2022-05-31 | LOW |
BlackRock Asset Management Ireland Limited | Investment Advisor | 0.5762 | 12372979 | 12372979 | 2022-05-31 | LOW |
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Mitsubishi Electric Corporation Company profile
About Mitsubishi Electric Corporation
Mitsubishi Electric Corporation is a Japan-based company engaged in the comprehensive electric business. The Company operates in six business segments. Heavy Electrical Systems segment provides turbine generators, large video display devices, as well as elevators. Industrial Mechatronics segment conducts factory automation (FA) system business and automotive equipment business. The segment provides programmable controllers, numerical control devices, as well as car multimedia equipment. Information & Communication System segment provides wireless communication equipment, artificial satellites and network security systems. Electronic Device segment conducts semiconductor and device business and provides power modules, optical elements and liquid crystal display (LCD) devices. Home Appliances segment provides LCD TVs, room air conditioners, as well as refrigerators. Others segment provides services in material procurement, logistics, real estate, advertising and finance areas.
Financial summary
BRIEF: For the nine months ended 31 December 2021, Mitsubishi Electric Corporation revenues increased 8% to Y3.181T. Net income increased 38% to Y148.47B. Revenues reflect Industrial Automation segment increase of 19% to Y1.049T, Home Appliances segment increase of 12% to Y837.65B, Electronic Devices Business segment increase of 21% to Y143.26B, Asia segment increase of 23% to Y815.53B, Europe segment increase of 31% to Y370.33B.
Equity composition
FY'94 fins. N/A. FY'95-'99 WAS estimated. FY'04 & '05 1st & 3rd Qs. WAS were estimated. FY'05-'06 1&3Q o/s was taken from WAS. FY'08 1Q & Q3 BWAS & DWAS were estimated and BWAS =o/s.
Industry: | Consumer Goods Conglomerates |
東京ビル
丸の内2-7-3
CHIYODA-KU
TOKYO-TO 100-8310
JP
Income Statement
- Annual
- Quarterly
News

December RBA preview: no move expected at the final meeting of 2023
The RBA meets on Tuesday, 5th of December, 2023, at 2.30 PM (AEDT). We preview what to expect from this month’s decision.
14:47, 4 December 2023
CPI drops more than expected in Europe, Spain’s IBEX 35 looking to break pre-COVID highs
CPI drops more than expected in Europe, Spain’s IBEX 35 looking to break pre-COVID highs
12:39, 30 November 2023
Euro Zone CPI expected to continue dropping; economists warn about cutting too soon
EZ PI expected to drop further but speed of decline
08:16, 29 November 2023
A weaker Dollar drives gold higher
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13:49, 28 November 2023
Q3 US Earnings Recap: Profits surprise to the upside, but outlook remains uncertain
US earnings for the third quarter were far better than expected. However, uncertainty about the outlook for company profits continues. We review the quarterly earnings and look ahead to what the markets expect from S&P 500 companies going forward.
13:20, 28 November 2023
RBNZ Preview: Rates expected to remain unchanged at final meeting of 2023
The RBNZ meets for the final time this year on Wednesday, 29th of November, 2023. We preview what to expect and how it could impact the New Zealand Dollar.
13:04, 28 November 2023
Crude prices slide on OPEC+ uncertainty
Crude prices have chopped sideways amid signs of turmoil within OPEC+. We look at the fundamentals of the oil market and the technical levels of WTI.
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