Trade Ross Stores, Inc. - ROST CFD
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- Historical Data
- Events
- Income Statement
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- Cash Flow
- Ownership
Spread | 0.19 | ||||||||
Long position overnight fee
Long position overnight fee
Go to platform | -0.026346% | ||||||||
Short position overnight fee
Short position overnight fee
Go to platform | 0.004124% | ||||||||
Overnight fee time | 22:00 (UTC) | ||||||||
Min traded quantity | 1 | ||||||||
Currency | USD | ||||||||
Margin | 5% | ||||||||
Stock exchange | United States of America | ||||||||
Commission on trade | 0% |
*Information provided by Capital.com
Ross Stores Inc ESG Risk Ratings
‘B’ score indicates good relative ESG performance and above average degree of transparency in reporting material ESG data publicly.
Prev. Close* | 132.16 |
Open* | 133.4 |
1-Year Change* | 13.78% |
Day's Range* | 132.33 - 133.4 |
52 wk Range | 99.00-131.31 |
Average Volume (10 days) | 3.29M |
Average Volume (3 months) | 50.52M |
Market Cap | 44.27B |
P/E Ratio | 25.89 |
Shares Outstanding | 338.63M |
Revenue | 19.57B |
EPS | 5.05 |
Dividend (Yield %) | 1.02509 |
Beta | 1.03 |
Next Earnings Date | Feb 26, 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 | 132.35 | -0.77 | -0.58% | 133.12 | 133.61 | 132.22 |
Dec 5, 2023 | 132.16 | 0.70 | 0.53% | 131.46 | 132.35 | 130.75 |
Dec 4, 2023 | 132.56 | 1.75 | 1.34% | 130.81 | 133.53 | 130.81 |
Dec 1, 2023 | 132.06 | 1.47 | 1.13% | 130.59 | 132.25 | 129.87 |
Nov 30, 2023 | 130.36 | 1.16 | 0.90% | 129.20 | 130.44 | 128.82 |
Nov 29, 2023 | 129.12 | -1.09 | -0.84% | 130.21 | 130.36 | 128.94 |
Nov 28, 2023 | 130.20 | -0.46 | -0.35% | 130.66 | 131.04 | 129.54 |
Nov 27, 2023 | 131.02 | 0.59 | 0.45% | 130.43 | 131.41 | 130.43 |
Nov 24, 2023 | 130.97 | 0.57 | 0.44% | 130.40 | 131.65 | 130.32 |
Nov 22, 2023 | 130.90 | 0.33 | 0.25% | 130.57 | 131.22 | 130.00 |
Nov 21, 2023 | 130.69 | 1.30 | 1.00% | 129.39 | 130.87 | 128.01 |
Nov 20, 2023 | 129.36 | 0.69 | 0.54% | 128.67 | 130.25 | 127.98 |
Nov 17, 2023 | 128.72 | 1.77 | 1.39% | 126.95 | 131.17 | 126.18 |
Nov 16, 2023 | 120.06 | -3.18 | -2.58% | 123.24 | 123.43 | 119.63 |
Nov 15, 2023 | 123.88 | 0.03 | 0.02% | 123.85 | 124.77 | 122.94 |
Nov 14, 2023 | 124.68 | 0.74 | 0.60% | 123.94 | 125.79 | 123.54 |
Nov 13, 2023 | 122.30 | 0.06 | 0.05% | 122.24 | 123.46 | 122.12 |
Nov 10, 2023 | 123.24 | 0.78 | 0.64% | 122.46 | 123.36 | 121.24 |
Nov 9, 2023 | 122.31 | -0.61 | -0.50% | 122.92 | 123.53 | 121.76 |
Nov 8, 2023 | 122.70 | 0.03 | 0.02% | 122.67 | 123.60 | 122.42 |
Ross Stores, Inc. Events
Time (UTC) | Country | Event |
---|---|---|
Monday, February 26, 2024 | ||
Time (UTC) 10:59 | Country US
| Event Q4 2023 Ross Stores Inc Earnings Release Q4 2023 Ross Stores Inc Earnings ReleaseForecast -Previous - |
- Annual
- Quarterly
2023 | 2022 | 2021 | 2020 | 2019 | |
---|---|---|---|---|---|
Total revenue | 18695.8 | 18916.2 | 12531.6 | 16039.1 | 14983.5 |
Revenue | 18695.8 | 18916.2 | 12531.6 | 16039.1 | 14983.5 |
Cost of Revenue, Total | 13946.2 | 13708.9 | 9838.57 | 11536.2 | 10726.3 |
Gross Profit | 4749.6 | 5207.34 | 2692.99 | 4502.89 | 4257.26 |
Total Operating Expense | 16705.5 | 16583.4 | 12341.9 | 13892.9 | 12942.8 |
Selling/General/Admin. Expenses, Total | 2759.27 | 2874.47 | 2263.28 | 2356.7 | 2216.55 |
Operating Income | 1990.33 | 2332.87 | 189.71 | 2146.18 | 2040.71 |
Interest Income (Expense), Net Non-Operating | -2.842 | -74.328 | -83.413 | 18.106 | 10.162 |
Net Income Before Taxes | 1987.49 | 2258.54 | 106.297 | 2164.29 | 2050.88 |
Net Income After Taxes | 1512.04 | 1722.59 | 85.382 | 1660.93 | 1587.46 |
Net Income Before Extra. Items | 1512.04 | 1722.59 | 85.382 | 1660.93 | 1587.46 |
Net Income | 1512.04 | 1722.59 | 85.382 | 1660.93 | 1587.46 |
Income Available to Common Excl. Extra. Items | 1512.04 | 1722.59 | 85.382 | 1660.93 | 1587.46 |
Income Available to Common Incl. Extra. Items | 1512.04 | 1722.59 | 85.382 | 1660.93 | 1587.46 |
Diluted Net Income | 1512.04 | 1722.59 | 85.382 | 1660.93 | 1587.46 |
Diluted Weighted Average Shares | 345.222 | 353.734 | 354.619 | 361.182 | 372.678 |
Diluted EPS Excluding Extraordinary Items | 4.37991 | 4.86973 | 0.24077 | 4.59859 | 4.25959 |
Dividends per Share - Common Stock Primary Issue | 1.24 | 1.14 | 0.285 | 1.02 | 0.9 |
Diluted Normalized EPS | 4.37991 | 4.86973 | 0.78439 | 4.59859 | 4.25959 |
Total Extraordinary Items | |||||
Unusual Expense (Income) | 240 |
Jul 2023 | Apr 2023 | Jan 2023 | Oct 2022 | Jul 2022 | |
---|---|---|---|---|---|
Total revenue | 4934.9 | 4494.69 | 5214.23 | 4565.49 | 4583.01 |
Revenue | 4934.9 | 4494.69 | 5214.23 | 4565.49 | 4583.01 |
Cost of Revenue, Total | 3569.37 | 3292.61 | 3926.2 | 3424.05 | 3399.53 |
Gross Profit | 1365.54 | 1202.08 | 1288.03 | 1141.44 | 1183.47 |
Total Operating Expense | 4377.27 | 4038.83 | 4655.54 | 4117.41 | 4066.6 |
Selling/General/Admin. Expenses, Total | 807.898 | 746.222 | 729.342 | 693.367 | 667.063 |
Operating Income | 557.64 | 455.858 | 558.686 | 448.076 | 516.411 |
Interest Income (Expense), Net Non-Operating | 37.214 | 31.397 | 22.719 | 2.802 | -10.667 |
Net Income Before Taxes | 594.854 | 487.255 | 581.405 | 450.878 | 505.744 |
Net Income After Taxes | 446.319 | 371.191 | 447.043 | 342.036 | 384.517 |
Net Income Before Extra. Items | 446.319 | 371.191 | 447.043 | 342.036 | 384.517 |
Net Income | 446.319 | 371.191 | 447.043 | 342.036 | 384.517 |
Income Available to Common Excl. Extra. Items | 446.319 | 371.191 | 447.043 | 342.036 | 384.517 |
Income Available to Common Incl. Extra. Items | 446.319 | 371.191 | 447.043 | 342.036 | 384.517 |
Diluted Net Income | 446.319 | 371.191 | 447.043 | 342.036 | 384.517 |
Diluted Weighted Average Shares | 337.932 | 340.044 | 342.252 | 343.72 | 346.106 |
Diluted EPS Excluding Extraordinary Items | 1.32074 | 1.0916 | 1.30618 | 0.9951 | 1.11098 |
Dividends per Share - Common Stock Primary Issue | 0.335 | 0.335 | 0.31 | 0.31 | 0.31 |
Diluted Normalized EPS | 1.32074 | 1.0916 | 1.30618 | 0.9951 | 1.11098 |
- Annual
- Quarterly
2023 | 2022 | 2021 | 2020 | 2019 | |
---|---|---|---|---|---|
Total Current Assets | 6904.72 | 7473.18 | 6692.49 | 3432.83 | 3404.02 |
Cash and Short Term Investments | 4551.88 | 4922.37 | 4819.29 | 1351.2 | 1412.91 |
Cash & Equivalents | 4551.88 | 4922.37 | 4819.29 | 1351.2 | 1412.91 |
Short Term Investments | 0 | ||||
Total Receivables, Net | 145.694 | 119.247 | 115.067 | 102.236 | 96.711 |
Accounts Receivable - Trade, Net | 145.694 | 119.247 | 115.067 | 102.236 | 96.711 |
Total Inventory | 2023.49 | 2262.27 | 1508.98 | 1832.34 | 1750.44 |
Prepaid Expenses | 170.977 | 157.888 | 163.438 | 136.813 | 143.954 |
Total Assets | 13416.5 | 13640.3 | 12717.9 | 9348.37 | 6073.69 |
Property/Plant/Equipment, Total - Net | 6279.66 | 5925.8 | 5795.31 | 5707.22 | 2475.2 |
Property/Plant/Equipment, Total - Gross | 10307.8 | 9600.3 | 9169.28 | 8755.32 | 5256.71 |
Accumulated Depreciation, Total | -4028.18 | -3674.5 | -3373.97 | -3048.1 | -2781.51 |
Long Term Investments | 0.125 | ||||
Other Long Term Assets, Total | 232.083 | 241.281 | 230.061 | 208.321 | 194.346 |
Total Current Liabilities | 3636.25 | 4214.93 | 3967.03 | 2701.93 | 2009.48 |
Accounts Payable | 2009.92 | 2372.3 | 2256.93 | 1296.48 | 1177.1 |
Accrued Expenses | 1574.25 | 1832.38 | 1590.52 | 1391.03 | 794.631 |
Notes Payable/Short Term Debt | 0 | 0 | 0 | 0 | 0 |
Other Current Liabilities, Total | 52.075 | 10.249 | 54.68 | 14.425 | 37.749 |
Total Liabilities | 9127.88 | 9580.21 | 9427.23 | 5989.12 | 2767.95 |
Total Long Term Debt | 2456.51 | 2452.32 | 2448.18 | 312.891 | 312.44 |
Long Term Debt | 2456.51 | 2452.32 | 2448.18 | 312.891 | 312.44 |
Deferred Income Tax | 217.059 | 137.642 | 121.867 | 149.679 | 124.308 |
Other Liabilities, Total | 2818.06 | 2775.31 | 2890.15 | 2824.61 | 321.713 |
Total Equity | 4288.58 | 4060.05 | 3290.64 | 3359.25 | 3305.75 |
Common Stock | 3.428 | 3.517 | 3.565 | 3.568 | 3.682 |
Additional Paid-In Capital | 1820.25 | 1717.53 | 1579.82 | 1458.31 | 1375.96 |
Retained Earnings (Accumulated Deficit) | 3049.66 | 2874.9 | 2185.8 | 2330.7 | 2298.76 |
Treasury Stock - Common | -584.75 | -535.895 | -478.55 | -433.328 | -372.663 |
Other Equity, Total | 0 | ||||
Total Liabilities & Shareholders’ Equity | 13416.5 | 13640.3 | 12717.9 | 9348.37 | 6073.69 |
Total Common Shares Outstanding | 342.753 | 351.72 | 356.503 | 356.775 | 368.242 |
Current Port. of LT Debt/Capital Leases | 0 | 0 | 64.91 | 0 | |
Other Current Assets, Total | 12.677 | 11.403 | 85.711 | 10.235 |
Oct 2023 | Jul 2023 | Apr 2023 | Jan 2023 | Oct 2022 | |
---|---|---|---|---|---|
Total Current Assets | 7491.94 | 7273.75 | 7039.63 | 6904.72 | 6761.19 |
Cash and Short Term Investments | 4499.5 | 4583.61 | 4416.48 | 4551.88 | 3906.49 |
Cash & Equivalents | 4499.5 | 4583.61 | 4416.48 | 4551.88 | 3906.49 |
Total Receivables, Net | 171.915 | 175.41 | 170.816 | 145.694 | 168.483 |
Accounts Receivable - Trade, Net | 171.915 | 175.41 | 170.816 | 145.694 | 168.483 |
Total Inventory | 2613.81 | 2300.06 | 2241.74 | 2023.49 | 2494 |
Prepaid Expenses | 206.725 | 201.718 | 197.782 | 170.977 | 180.768 |
Other Current Assets, Total | 12.955 | 12.815 | 12.677 | 11.446 | |
Total Assets | 14270.6 | 13987.3 | 13618.9 | 13416.5 | 13100.1 |
Property/Plant/Equipment, Total - Net | 6557.54 | 6475.29 | 6347.21 | 6279.66 | 6110.62 |
Property/Plant/Equipment, Total - Gross | 10665.2 | 10448.4 | 10307.8 | 10049.8 | |
Accumulated Depreciation, Total | -4189.94 | -4101.24 | -4028.18 | -3939.15 | |
Other Long Term Assets, Total | 221.139 | 238.26 | 232.069 | 232.083 | 228.286 |
Total Current Liabilities | 4405.69 | 3969.64 | 3781.17 | 3636.25 | 3464.23 |
Accounts Payable | 2280.28 | 2151 | 2061.53 | 2009.92 | 1927.76 |
Accrued Expenses | 1854.85 | 1793.19 | 1561.47 | 1574.25 | 1525.07 |
Notes Payable/Short Term Debt | 0 | 0 | 0 | 0 | |
Current Port. of LT Debt/Capital Leases | 249.598 | 0 | 0 | 0 | 0 |
Other Current Liabilities, Total | 20.96 | 25.449 | 158.17 | 52.075 | 11.404 |
Total Liabilities | 9687.66 | 9532.56 | 9308.51 | 9127.88 | 8953.09 |
Total Long Term Debt | 2210.07 | 2458.61 | 2457.56 | 2456.51 | 2455.46 |
Long Term Debt | 2210.07 | 2458.61 | 2457.56 | 2456.51 | 2455.46 |
Deferred Income Tax | 212.866 | 218.726 | 227.851 | 217.059 | 214.022 |
Other Liabilities, Total | 2859.04 | 2885.58 | 2841.93 | 2818.06 | 2819.38 |
Total Equity | 4582.96 | 4454.74 | 4310.4 | 4288.58 | 4147 |
Common Stock | 3.39 | 3.41 | 3.428 | 3.448 | |
Additional Paid-In Capital | 1885.41 | 1849.73 | 1820.25 | 1793.27 | |
Retained Earnings (Accumulated Deficit) | 3189.13 | 3079.53 | 3049.66 | 2931.55 | |
Treasury Stock - Common | -623.185 | -622.272 | -584.75 | -581.267 | |
Total Liabilities & Shareholders’ Equity | 14270.6 | 13987.3 | 13618.9 | 13416.5 | 13100.1 |
Total Common Shares Outstanding | 338.632 | 338.982 | 341.045 | 342.753 | 344.808 |
Other Equity, Total | 4582.96 |
- Annual
- Quarterly
2023 | 2022 | 2021 | 2020 | 2019 | |
---|---|---|---|---|---|
Net income/Starting Line | 1512.04 | 1722.59 | 85.382 | 1660.93 | 1587.46 |
Cash From Operating Activities | 1689.37 | 1738.85 | 2245.93 | 2171.55 | 2066.68 |
Cash From Operating Activities | 394.655 | 360.664 | 364.245 | 350.892 | 330.357 |
Deferred Taxes | 79.417 | 15.775 | -27.812 | 32.009 | 31.777 |
Non-Cash Items | 121.936 | 134.217 | 341.521 | 95.438 | 95.585 |
Cash Taxes Paid | 362.156 | 564.755 | 8.921 | 506.591 | 427.93 |
Cash Interest Paid | 80.316 | 84.331 | 72.471 | 12.682 | 18.105 |
Changes in Working Capital | -418.676 | -494.396 | 1482.6 | 32.279 | 21.501 |
Cash From Investing Activities | -654.07 | -557.84 | -405.433 | -554.966 | -410.409 |
Capital Expenditures | -654.07 | -557.84 | -405.433 | -555.483 | -413.898 |
Other Investing Cash Flow Items, Total | 0 | 0 | 0.517 | 3.489 | |
Cash From Financing Activities | -1405.44 | -1152.4 | 1701.86 | -1683.25 | -1531.46 |
Financing Cash Flow Items | 0 | 0 | -232.688 | 0 | |
Total Cash Dividends Paid | -431.295 | -405.123 | -101.404 | -369.793 | -337.189 |
Issuance (Retirement) of Stock, Net | -974.149 | -682.273 | -154.155 | -1313.46 | -1109.27 |
Issuance (Retirement) of Debt, Net | 0 | -65 | 2190.11 | 0 | -85 |
Net Change in Cash | -370.141 | 28.613 | 3542.36 | -66.669 | 124.807 |
Apr 2023 | Jan 2023 | Oct 2022 | Jul 2022 | Apr 2022 | |
---|---|---|---|---|---|
Net income/Starting Line | 371.191 | 1512.04 | 1065 | 722.962 | 338.445 |
Cash From Operating Activities | 413.152 | 1689.37 | 472.667 | -56.265 | -416.267 |
Cash From Operating Activities | 99.379 | 394.655 | 290.565 | 189.181 | 92.108 |
Deferred Taxes | 10.792 | 79.417 | 76.38 | 59.138 | 29.233 |
Non-Cash Items | 33.063 | 121.936 | 92.367 | 62.874 | 36.071 |
Cash Taxes Paid | 0.047 | 362.156 | 261.309 | 187.047 | 0.16 |
Cash Interest Paid | 40.158 | 80.316 | 80.316 | 40.158 | 40.158 |
Changes in Working Capital | -101.273 | -418.676 | -1051.64 | -1090.42 | -912.124 |
Cash From Investing Activities | -167.253 | -654.07 | -417.901 | -243.346 | -109.848 |
Capital Expenditures | -167.253 | -654.07 | -417.901 | -243.346 | -109.848 |
Cash From Financing Activities | -380.635 | -1405.44 | -1070.42 | -718.935 | -380.669 |
Financing Cash Flow Items | 0 | ||||
Total Cash Dividends Paid | -114.794 | -431.295 | -324.648 | -217.193 | -108.908 |
Issuance (Retirement) of Stock, Net | -265.841 | -974.149 | -745.767 | -501.742 | -271.761 |
Issuance (Retirement) of Debt, Net | 0 | ||||
Net Change in Cash | -134.736 | -370.141 | -1015.65 | -1018.55 | -906.784 |
Other Investing Cash Flow Items, Total |
Investor Name | Investor Type | Percent Outstanding | Shares Held | Shares change | Holdings Date | Turnover Rating |
---|---|---|---|---|---|---|
The Vanguard Group, Inc. | Investment Advisor/Hedge Fund | 8.2636 | 27983368 | 51473 | 2023-06-30 | LOW |
T. Rowe Price Associates, Inc. | Investment Advisor | 7.6734 | 25984737 | -14658967 | 2023-06-30 | LOW |
BlackRock Institutional Trust Company, N.A. | Investment Advisor | 4.9985 | 16926552 | 601163 | 2023-06-30 | LOW |
State Street Global Advisors (US) | Investment Advisor/Hedge Fund | 4.2463 | 14379311 | -14870 | 2023-06-30 | LOW |
PRIMECAP Management Company | Investment Advisor | 3.2461 | 10992464 | -282960 | 2023-06-30 | |
Fidelity Management & Research Company LLC | Investment Advisor | 3.1654 | 10718966 | 121421 | 2023-06-30 | LOW |
Geode Capital Management, L.L.C. | Investment Advisor/Hedge Fund | 2.2321 | 7558634 | 197259 | 2023-06-30 | LOW |
Invesco Capital Management (QQQ Trust) | Investment Advisor | 1.7138 | 5803480 | 6586 | 2023-09-30 | LOW |
JP Morgan Asset Management | Investment Advisor | 1.712 | 5797396 | 1839371 | 2023-06-30 | LOW |
Orban (George P) | Individual Investor | 1.6785 | 5683901 | 2747 | 2023-05-17 | LOW |
MFS Investment Management | Investment Advisor/Hedge Fund | 1.3822 | 4680705 | 44326 | 2023-06-30 | LOW |
Victory Capital Management Inc. | Investment Advisor/Hedge Fund | 1.3742 | 4653645 | 37866 | 2023-06-30 | LOW |
T. Rowe Price Investment Management, Inc. | Investment Advisor | 1.287 | 4358104 | 1075739 | 2023-06-30 | LOW |
Franklin Advisers, Inc. | Investment Advisor/Hedge Fund | 1.2753 | 4318461 | -3831 | 2023-06-30 | LOW |
EdgePoint Investment Group Inc. | Investment Advisor | 1.241 | 4202571 | 17492 | 2023-06-30 | LOW |
Goldman Sachs Asset Management, L.P. | Investment Advisor | 1.212 | 4104120 | 437875 | 2023-06-30 | LOW |
First Eagle Investment Management, L.L.C. | Investment Advisor/Hedge Fund | 1.0986 | 3720124 | -56269 | 2023-06-30 | LOW |
Citadel Advisors LLC | Hedge Fund | 1.0255 | 3472803 | 3238576 | 2023-06-30 | LOW |
Wellington Management Company, LLP | Investment Advisor/Hedge Fund | 1.0183 | 3448184 | 438092 | 2023-06-30 | LOW |
Marshfield Associates, Inc. | Investment Advisor | 0.9986 | 3381748 | 188983 | 2023-06-30 | LOW |
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Ross Company profile
About Ross Stores, Inc.
Ross Stores, Inc. is engaged in operating two brands of off-price retail apparel and home fashion stores-Ross Dress for Less (Ross) and dd's DISCOUNTS. Ross is an off-price apparel and home fashion chain in the United States, with 1,629 locations in 40 states, the District of Columbia and Guam. Ross offers in-season, name brand and designer apparel, accessories, footwear, and home fashions for the entire family at savings of 20% to 60% off department and specialty store regular prices every day. The Company also operates 295 dd's DISCOUNTS stores in 21 states, which offers name brand apparel, accessories, footwear, and home fashions for the entire family at savings of 20% to 70% off department and discount store regular prices every day. The Company operated a total of 1,924 stores comprised of 1,629 Ross stores and 295 dd’s DISCOUNTS stores. The Company owns and operates distribution processing facilities.
Financial summary
BRIEF: For the fiscal year ended 29 January 2022, Ross Stores, Inc. revenues increased 51% to $18.92B. Net income increased from $85.4M to $1.72B. Revenues reflect Retail Sales, Total increase of 51% to $18.92B. Dividend per share increased from $0.29 to $1.14. Basic Earnings per Share excluding Extraordinary Items increased from $0.24 to $4.90.
Equity composition
Common Stock $.01 Par, 12/11, 600M auth., 228,640,974 o/s., net of 1,466,000 treasury @ Cost $46.5M. Insiders own 2%. Public Offering: 8/85, 3Mshares @ $17 by Morgan Stanley. 12/03, 9/99, 3/97, 2-for-1 stock splits. 12/11, 2-for-1 Stock split. 06/15, 2-for-1 Stock split.
Industry: | Apparel & Accessories Retailers (NEC) |
5130 Hacienda Drive
DUBLIN
CALIFORNIA 94568
US
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
Gold prices have returned above $US2000 per ounce. We run through the factors driving gold and the commodity’s key technicals.
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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