(RTTNews) - Monro, Inc. (MNRO) released a profit for its third quarter that Increases, from the same period last year The company's earnings totaled $11.14 million, or $0.35 per share. This compares with $4.58 million, or $0.15 per share, last year. Excluding items, Monro, Inc. reported adjusted earnings of $5.03 million or $0.16 per share for the period. The company's revenue for the period fell ...
(RTTNews) - Monro, Inc. (MNRO) released a profit for its third quarter that Increases, from the same period last year The company's earnings totaled $11.14 million, or $0.35 per share. This compares with $4.58 million, or $0.15 per share, last year. Excluding items, Monro, Inc. reported adjusted earnings of $5.03 million or $0.16 per share for the period. The company's revenue for the period fell 4.0% to $293.39 million from $305.77 million last year. Monro, Inc. earnings at a glance (GAAP) : -Earnings: $11.14 Mln. vs. $4.58 Mln. last year. -EPS: $0.35 vs. $0.15 last year. -Revenue: $293.39 Mln vs. $305.77 Mln last year. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Starbucks Corporation ( SBUX ) traded higher in early action after issuing its first-quarter earnings report. The Seattle-based company recorded its second straight quarter of positive comparable sales after a streak of seven quarters in negative territory. Global comparable store sales were up 4% vs. +2.0% consensus, driven by a 3% increase in comparable transactions and a 1% increase in average ...
Starbucks Corporation ( SBUX ) traded higher in early action after issuing its first-quarter earnings report. The Seattle-based company recorded its second straight quarter of positive comparable sales after a streak of seven quarters in negative territory. Global comparable store sales were up 4% vs. +2.0% consensus, driven by a 3% increase in comparable transactions and a 1% increase in average ticket. U.S. comparable store sales were up 4% during the quarter, driven by a 3% gain in comparable transactions and a 1% increase in average ticket. The U.S. comparable sales tally topped the consensus expectation for a gain of 1.9%. International comparable store sales increased 5%, driven by a 3% increase in comparable transactions. China comparable store sales were up 7% during the quarter, as a 5% increase in comparable transactions and a 2% increase in average ticket factored in. Consolidated net revenue was up 6% to $9.9 billion. Non-GAAP operating margin contracted 180 basis points year-over-year to 10.1% of sales. Operating margin plunged in the North America segment to 11.9% from 16.7% in the prior year, primarily driven by labor investments supporting "Back to Starbucks" and inflationary pressures, primarily driven by tariffs and elevated coffee pricing. Non-GAAP EPS was reported at $0.56 vs. $0.59 consensus and $0.69 a year ago. The company opened 128 net new stores in FQ1, ending the period with 41,118 stores: 52% company-operated and 48% licensed. At the end of FQ1, stores in the U.S. and China comprised 61.1% of the company’s global portfolio, with 16,911 and 8,011 stores in the U.S. and China, respectively. "Our Q1 results demonstrate our 'Back to Starbucks' strategy is working, and we believe we're ahead of schedule," stated CEO Brian Niccol. "It's great to see the sales momentum driven by more customers choosing Starbucks more often, and this is just the beginning," he added. On the guidance front, Starbucks ( SBUX ) expects global and U.S. comparable sto...
Elevance Health ( ELV ) declares $1.72/share quarterly dividend , 0.6% increase from prior dividend of $1.71. Forward yield 2.13% Payable March 25; for shareholders of record March 10; ex-div March 10. The company raised its quarterly dividend by 0.6% after paying a quarterly dividend of $1.71 in each of the previous 4 quarters. See ELV Dividend Scorecard, Yield Chart, & Dividend Growth. More on E...
Elevance Health ( ELV ) declares $1.72/share quarterly dividend , 0.6% increase from prior dividend of $1.71. Forward yield 2.13% Payable March 25; for shareholders of record March 10; ex-div March 10. The company raised its quarterly dividend by 0.6% after paying a quarterly dividend of $1.71 in each of the previous 4 quarters. See ELV Dividend Scorecard, Yield Chart, & Dividend Growth. More on Elevance Health Elevance Health: The Potential Turnaround The Market Isn't Pricing In Elevance Health, Inc. (ELV) Presents at UBS Global Healthcare Conference 2025 Transcript Elevance Health is the latest health insurer to face 2026 revenue decline Elevance Health reports mixed Q4 results; initiates FY26 outlook Seeking Alpha’s Quant Rating on Elevance Health
Key Points Dogecoin is one of the oldest cryptocurrencies. It has long been viewed as a meme token with a strong social media following. The token has struggled over the past year. 10 stocks we like better than Dogecoin › It has been quite a volatile year for the meme coin Dogecoin (CRYPTO: DOGE). After all, cryptocurrencies surged following President Donald Trump's election win in November 2024, ...
Key Points Dogecoin is one of the oldest cryptocurrencies. It has long been viewed as a meme token with a strong social media following. The token has struggled over the past year. 10 stocks we like better than Dogecoin › It has been quite a volatile year for the meme coin Dogecoin (CRYPTO: DOGE). After all, cryptocurrencies surged following President Donald Trump's election win in November 2024, but it's been a bumpy, ultimately downhill ride ever since. While Dogecoin is up nearly 7% in 2026, the token is still down over 64% in the past year. Despite Trump making good on his promise to introduce a regulatory environment that promotes cryptocurrencies, the gains have faded amid concerns about the economy and the trajectory of interest rates and inflation, and as whales have started selling some of their holdings. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Continue » There has also been concern that quantum technology could render cryptocurrencies obsolete, though it's hard to know how close quantum is to being useful for crypto decryption. All that said, there still seems to be significant investor interest in the sector, which never seems to stay down for long. Is Dogecoin a buy? Can Dogecoin ever escape its meme reputation? Dogecoin is actually one of the oldest cryptocurrencies, having been launched in late 2013 as a joke with a Shiba Inu mascot. While Dogecoin has its own blockchain network, it is not technically strong, as it cannot process hundreds or thousands of transactions per second (TPS). Furthermore, Dogecoin is not a good store of value like Bitcoin because it has a massive supply of over 168 billion tokens, which increases by 5 billion every year. The best thing Dogecoin has going for it, in my mind, is that it's a meme coin with a fervent, loyal following on social media and likely a group of investors who have made a ton of money on the token. After all, Dogecoin's pri...
remotevfx/iStock via Getty Images In late April 2025, Twenty One Capital ( XXI ) announced a proposed combination with SPAC entity Cantor Equity Partners, Inc. (CEP). Backed by stablecoin giant Tether and Softbank Group ( SFTBY ), Twenty One Capital was created to be yet another Bitcoin ( BTC-USD ) DAT focused on growing BTC holdings through Bitcoin-related business models. It has not gone well, t...
remotevfx/iStock via Getty Images In late April 2025, Twenty One Capital ( XXI ) announced a proposed combination with SPAC entity Cantor Equity Partners, Inc. (CEP). Backed by stablecoin giant Tether and Softbank Group ( SFTBY ), Twenty One Capital was created to be yet another Bitcoin ( BTC-USD ) DAT focused on growing BTC holdings through Bitcoin-related business models. It has not gone well, to say the least. XXI Daily Chart 1/27/26 (TrendSpider) After exploding nearly 500% in the immediate sessions following Twenty One Capital's announced SPAC merger, the stock has fallen by over 85% in nearly a straight line over the last nine months. Furthermore, since beginning trading as XXI in December, the stock is already down almost 30%. Essentially, almost every shareholder who has purchased XXI since the merger is likely underwater. For those watching from the sidelines, could this selloff have created an opportunity in XXI? Twenty One KPIs and Operations Twenty One Capital Homepage 6/1/25 (xxi.money via archive.org) When Twenty One initially launched, the company was quite adamant that 'Bitcoin Per Share' was one of the primary ways to view the business's success. The metric was literally front and center on the company's website. This is what it said in its introductory press release : As part of its launch, Twenty One will introduce two key performance metrics, to reflect its Bitcoin-denominated capital structure and Bitcoin-focused mindset. Those two KPIs were BPS, or Bitcoin Per Share, and BRR, or Bitcoin Return Rate. Fully diluted BPS was expected to grow over time with BRR reflecting the growth rate of BPS. This is what that same website looks like today: Twenty One Capital Homepage 1/27/26 (xxi.money) More recently, the company has seemingly abandoned BPS entirely. Which would relegate BRR as essentially useless as well. Thus, there is not currently a suggested metric by which to measure Twenty One's performance. And this probably shouldn't be all that surpris...
Emerging-market currencies and stocks posted gains after US President Donald Trump shrugged off concerns about the dollar’s weakness. An index of emerging market currencies rose 0.3% on Wednesday, led by the Malaysian ringgit and South Korea’s won. A gauge of the dollar’s strength rebounded but remains near the lowest level since 2022. Meanwhile, an EM stock index advanced 1.6%, powered by Asian c...
Emerging-market currencies and stocks posted gains after US President Donald Trump shrugged off concerns about the dollar’s weakness. An index of emerging market currencies rose 0.3% on Wednesday, led by the Malaysian ringgit and South Korea’s won. A gauge of the dollar’s strength rebounded but remains near the lowest level since 2022. Meanwhile, an EM stock index advanced 1.6%, powered by Asian chip-makers. Trump’s relaxed tone about the dollar selloff is fueling speculation the US currency is at the start of a longer-term decline. Emerging markets have benefited broadly from a weaker greenback, which along with more volatile US policy has pushed some investors to short the US currency and helped drive flows into more risky assets. “We anticipate this trend will continue,” said Luis Costa , head of emerging markets strategy at Citigroup Inc. EM currencies set to benefit from dollar weakness include South Africa’s rand, Brazil’s real and South Korea’s won. Africa’s biggest economy is enjoying favorable terms of trade, fueled by a rally in metals prices that has sent bullion surging to another record . Other EM beneficiaries of a weak dollar include higher-yielding currencies. The dollar weakness also raises more questions about a so-called “ quiet-quitting ” by investors from US assets, fueled by erratic tariff threats, geopolitical tensions and questions over the Federal Reserve’s independence. The Fed is expected to hold rates steady on Wednesday. In EM equities, a combination of the dollar’s weakness and robust global growth, helped by fiscal spending in the US, China, Japan as well as Germany, is providing “a good environment” for the asset class, according to Guy Miller , chief strategist at Zurich Insurance. “Those that also have an exposure the information technology and artificial intelligence spending cycle are particularly attractive,” he said.
This article first appeared on GuruFocus. Amazon (NASDAQ:AMZN) announced that it is stripping away layers of corporate management accumulated during the pandemic, planning to eliminate 16,000roles across its global operations. This marks the second major wave of layoffs in just three months, following the 14,000 positions cut in October 2025. For those employees affected in the US, the company sai...
This article first appeared on GuruFocus. Amazon (NASDAQ:AMZN) announced that it is stripping away layers of corporate management accumulated during the pandemic, planning to eliminate 16,000roles across its global operations. This marks the second major wave of layoffs in just three months, following the 14,000 positions cut in October 2025. For those employees affected in the US, the company said there will generally be a 90-day window to find alternative internal roles or leave with severance, depending on location and function. Beth Galetti, senior vice president of people experience and technology, said the cuts are part of an effort to strengthen the organization by increasing ownership and removing bureaucracy, rather than explicitly framing them as a response to artificial intelligence replacing jobs. Still, the timing coincides with rising investment in AI across Amazon's businesses, particularly at AWS, where spending on data centres, chips, and AI services continues to climb. Today's layoffs represent nearly 4.6% of Amazon's 350,000 corporate workforce. Amazon shares were up 0.32% in pre-market trading following the announcement.
Asked if she had apologised for the statement, Badenoch told the BBC: "Yes, that has come out from me. That should never have gone out. It has been retracted. And I've also spoken to the person who sent it.
Asked if she had apologised for the statement, Badenoch told the BBC: "Yes, that has come out from me. That should never have gone out. It has been retracted. And I've also spoken to the person who sent it.
Energy and critical minerals will be the cornerstone of new trade ties between India and Canada, a top Canadian minister said, as the two countries rekindle their relationship after a prolonged diplomatic rift. India’s expected growth in energy demand is a “great opportunity” for the North American nation, which holds large supplies of oil, gas and critical minerals, Energy and Natural Resources M...
Energy and critical minerals will be the cornerstone of new trade ties between India and Canada, a top Canadian minister said, as the two countries rekindle their relationship after a prolonged diplomatic rift. India’s expected growth in energy demand is a “great opportunity” for the North American nation, which holds large supplies of oil, gas and critical minerals, Energy and Natural Resources Minister Tim Hodgson told Bloomberg Television at the India Energy Week in Goa on Wednesday. “We produce 6% of the world’s oil today and India gets less than 1% of its oil from Canada,” he said. Increasing that share to a more reasonable level would make both countries stronger, more resilient and secure, he added. India and Canada first clashed in 2023 when former Prime Minister Justin Trudeau accused India of orchestrating the assassination of Canadian citizen and Sikh activist Hardeep Singh Nijjar. After years of strained relations, the two sides are now open to cooperating again as US President Donald Trump ramps up economic pressure on them. “We used to be in a world where we sought to integrate with our closest trading partners, and we now find that that integration is used for coercion” or tariffs are used to gain leverage, Hodgson said. Canada now needs to “rewire its economy” and build relationships beyond those with its neighbors, he said. Read More: Canada, India Look to Reset Ties in Counter to Trump Duties Canadian officials are liaising with international partners to create new frameworks for critical minerals trade, including to facilitate off-take agreements and strategic stockpiling. That could include providing its “highest quality” uranium to help India achieve its goal of building 100 gigawatts of nuclear capacity by 2047. India could also benefit from the ample LNG supplies that Canada can now provide through its 12 million-ton-a-year plant that started production in June, and which is expected to grow to a capacity of 50 million tons. Companies like She...
Apollo Commercial Real Estate Finance ( ARI ) on Tuesday announced the sale of ~$9B commercial real estate loan portfolio to Athene Holding. Shares were +4.35% pre-market to $10.56. The purchase price is based on 99.7% of total loan commitments, net of asset specific CECL reserves, and with the exception of two loans with a combined total principal balance of $146M that are expected to be repaid b...
Apollo Commercial Real Estate Finance ( ARI ) on Tuesday announced the sale of ~$9B commercial real estate loan portfolio to Athene Holding. Shares were +4.35% pre-market to $10.56. The purchase price is based on 99.7% of total loan commitments, net of asset specific CECL reserves, and with the exception of two loans with a combined total principal balance of $146M that are expected to be repaid before closing. Following repayment of financing facilities and other indebtedness and transaction expenses, the company expects to have ~$1.4B of net cash and ~$1.7B of common stockholders' equity. ARI's board has approved the transaction, expected to close in the second quarter of 2026. Additionally, Apollo Commercial Real Estate Finance said it will spend the remainder of the year evaluating a range of commercial real estate–related strategies, including strategic M&A opportunities. "The goal of any new asset strategy or strategic transaction will be to deliver attractive current yield and position ARI’s shares to trade at or above book value on a go-forward basis," said CEO Stuart Rothstein. If a new asset strategy or a strategic transaction is not announced by year-end, the parent Apollo Global Management ( APO ) intends to recommend that ARI's board explore all available strategic alternatives, including dissolution. More on Apollo Commercial Real Estate Finance ARI: A Rebuilt Credit Book Trading At A Legacy Discount Apollo Commercial Real Estate Finance, Inc. 2025 Q3 - Results - Earnings Call Presentation Apollo Commercial Real Estate Finance, Inc. (ARI) Q3 2025 Earnings Call Transcript J.P. Morgan's top income stock picks for 2026 Apollo Commercial Real Estate Finance declares $0.25 dividend
The Trump administration is ready to take new military action against Venezuela if the country’s interim leadership strays from US expectations, according to Marco Rubio, the US secretary of state. In prepared testimony for a hearing before the Senate foreign relations committee, Rubio says the US is not at war with Venezuela and that its interim leaders are cooperating, but he notes that the Trum...
The Trump administration is ready to take new military action against Venezuela if the country’s interim leadership strays from US expectations, according to Marco Rubio, the US secretary of state. In prepared testimony for a hearing before the Senate foreign relations committee, Rubio says the US is not at war with Venezuela and that its interim leaders are cooperating, but he notes that the Trump administration would not rule out using additional force following the capture of Nicolás Maduro early this month. “We are prepared to use force to ensure maximum cooperation if other methods fail,” says Rubio’s prepared opening statement, which was released by the state department. “It is our hope that this will not prove necessary, but we will never shy away from our duty to the American people and our mission in this hemisphere.” Rubio, a former Florida senator, will aim to sell one of Donald Trump’s more contentious priorities to former colleagues in Congress. With the focus of the Republican administration’s foreign policy switching between the western hemisphere, Europe and the Middle East, Rubio also may be called to calm fears in his own party about Trump’s demand to annex Greenland . Rubio will defend Trump’s decisions to remove Maduro to face drug trafficking charges in the US, continue deadly military strikes on boats suspected of smuggling drugs, and seize sanctioned tankers carrying Venezuelan oil, according to the prepared remarks. “There is no war against Venezuela, and we did not occupy a country,” he will say, according to the prepared remarks. “There are no US troops on the ground. This was an operation to aid law enforcement.” Maduro, who has pleaded not guilty to federal drug trafficking charges in a US court, has defiantly declared himself “the president of my country” and protested his capture. Congress has not curtailed Trump on Venezuela Congressional Democrats have condemned Trump’s moves as exceeding the authority of the executive branch, while m...
BING-JHEN HONG Intel ( INTC ) was in focus on Wednesday after the company's CFO disclosed a stock purchase, and tech giant Nvidia ( NVDA ) may use its foundry operations for some of its 2028 production. Nvidia ( NVDA ) may use Intel's foundry for some of their needs in 2028 for chip manufacturing, Digitimes reported. Nvidia may wind up working with Intel on its upcoming Feynman architecture platfo...
BING-JHEN HONG Intel ( INTC ) was in focus on Wednesday after the company's CFO disclosed a stock purchase, and tech giant Nvidia ( NVDA ) may use its foundry operations for some of its 2028 production. Nvidia ( NVDA ) may use Intel's foundry for some of their needs in 2028 for chip manufacturing, Digitimes reported. Nvidia may wind up working with Intel on its upcoming Feynman architecture platform and may aim for “low volume, low-tier, non-core” production, the news outlet added , citing supply chain sources. The Jensen Huang-led Nvidia would still use Taiwan Semiconductor ( TSM ) for its larger semiconductor manufacturing needs. The news outlet added that the Feynman GPU die will remain with TSMC, but portions of the Input/Output (I/O) die could go to Intel's 18A manufacturing process, depending upon yield improvements. Advanced packaging may use Intel's EMIB technology, and Intel could handle approximately 25% of the final packaging, while Taiwan Semiconductor would be responsible for the remaining 75%. Nvidia, Intel, and Taiwan Semiconductor did not immediately respond to a request for comment from Seeking Alpha. Separately, on Wednesday, Intel CFO David Zinsner disclosed that he purchased 5,882 shares at $42.50 per share. The stock purchase was made on Jan. 26. Intel shares rose 5% in premarket trading on Wednesday, while Nvidia shares rose more than 1%. Taiwan Semiconductor shares rose 2%. More on Intel, Nvidia, and Taiwan Semiconductor TSMC Has Become A Buy Again (Rating Upgrade) TSMC: Powers America's AI Boom - Yet, The Valuation Doesn't Make Sense Intel: DCAI Improves, Foundry Still A Question Mark Mag 7 earnings begin this week, with capex and AI returns in the spotlight China said to greenlight first batch of Nvidia H200 chip imports
BING-JHEN HONG Intel ( INTC ) was in focus on Wednesday after the company's CFO disclosed a stock purchase, and tech giant Nvidia ( NVDA ) may use its foundry operations for some of its 2028 production. Nvidia ( NVDA ) may use Intel's foundry for some of their needs in 2028 for chip manufacturing, Digitimes reported. Nvidia may wind up working with Intel on its upcoming Feynman architecture platfo...
BING-JHEN HONG Intel ( INTC ) was in focus on Wednesday after the company's CFO disclosed a stock purchase, and tech giant Nvidia ( NVDA ) may use its foundry operations for some of its 2028 production. Nvidia ( NVDA ) may use Intel's foundry for some of their needs in 2028 for chip manufacturing, Digitimes reported. Nvidia may wind up working with Intel on its upcoming Feynman architecture platform and may aim for “low volume, low-tier, non-core” production, the news outlet added , citing supply chain sources. The Jensen Huang-led Nvidia would still use Taiwan Semiconductor ( TSM ) for its larger semiconductor manufacturing needs. The news outlet added that the Feynman GPU die will remain with TSMC, but portions of the Input/Output (I/O) die could go to Intel's 18A manufacturing process, depending upon yield improvements. Advanced packaging may use Intel's EMIB technology, and Intel could handle approximately 25% of the final packaging, while Taiwan Semiconductor would be responsible for the remaining 75%. Nvidia, Intel, and Taiwan Semiconductor did not immediately respond to a request for comment from Seeking Alpha. Separately, on Wednesday, Intel CFO David Zinsner disclosed that he purchased 5,882 shares at $42.50 per share. The stock purchase was made on Jan. 26. Intel shares rose 5% in premarket trading on Wednesday, while Nvidia shares rose more than 1%. Taiwan Semiconductor shares rose 2%. More on Intel, Nvidia, and Taiwan Semiconductor TSMC Has Become A Buy Again (Rating Upgrade) TSMC: Powers America's AI Boom - Yet, The Valuation Doesn't Make Sense Intel: DCAI Improves, Foundry Still A Question Mark Mag 7 earnings begin this week, with capex and AI returns in the spotlight China said to greenlight first batch of Nvidia H200 chip imports
The situation contrasts with Tesla, which has been offering price reductions on some Indian variants to lift demand. Credit: Dr David Sing / Shutterstock.com BYD is reassessing its India strategy, including considering local assembly, as surging demand and import limits constrain the Chinese electric vehicle maker’s growth in the country. The company is evaluating semi-knocked-down (SKD) assembly ...
The situation contrasts with Tesla, which has been offering price reductions on some Indian variants to lift demand. Credit: Dr David Sing / Shutterstock.com BYD is reassessing its India strategy, including considering local assembly, as surging demand and import limits constrain the Chinese electric vehicle maker’s growth in the country. The company is evaluating semi-knocked-down (SKD) assembly and pursuing safety and regulatory approvals for more models because quotas are constraining growth, Bloomberg reported citing sources. India had earlier turned down BYD’s plan for a full manufacturing facility, but assembling SKD kits could prove cheaper and easier to clear with regulators, the report said. Any decision on manufacturing would follow visits by senior executives, the report added. Strong sales momentum has triggered the review, with dealers reportedly holding hundreds of bookings. The situation contrasts with Tesla, which has been offering price reductions on some Indian variants to lift demand. For BYD, overseas expansion is growing in importance as domestic demand softens, subsidies decline and competition intensifies. The company is targeting almost 25% growth in deliveries outside China this year. Sales in India climbed about 88% last year to roughly 5,500 vehicles, stretching operations under rules that cap imports of each fully built model at 2,500 units. Fully built cars face duties of up to 110%, while SKD assembly could cut tariffs to 30% from 70%. Sources said BYD has approached Indian regulators to flag that import ceilings could curb further growth, noting that most inventory in the December quarter sold out, unlike Tesla, which continues to face similar duty barriers. Earlier this month, Ford and BYD held talks over a possible battery supply arrangement for some of Ford’s hybrid vehicles. The potential arrangement came as the US carmaker reduced the scale of its electric vehicle (EV) programme while increasing its focus on hybrids.
Galeanu Mihai/iStock via Getty Images President Trump's comments sent the dollar ( DXY ) spiraling lower yesterday. His lack of concern about the dollar after it has been falling sharply in recent days played on market fears that the administration wants a weaker dollar. It follows on the heels of what appears to have been tantamount to verbal intervention to support the yen via Fed price checks w...
Galeanu Mihai/iStock via Getty Images President Trump's comments sent the dollar ( DXY ) spiraling lower yesterday. His lack of concern about the dollar after it has been falling sharply in recent days played on market fears that the administration wants a weaker dollar. It follows on the heels of what appears to have been tantamount to verbal intervention to support the yen via Fed price checks with reportedly the Treasury’s fingerprints. The sharp sell-off in the North American afternoon seems to have exhausted the immediate move that began early last week. Many dollar shorts seemed content to turn their position over to the new sellers. Japan’s Finance Minister Katayama did her best to keep the fear of joint intervention alive today, saying that Tokyo will coordinate with the US on “currency responses when necessary”. Attention today turns to the FOMC and Bank of Canada meetings. Neither central bank is expected to do anything. It is one of the times where what officials say may be more important than what they do. Brazil’s central bank also meets today, and it is expected to keep the Selic rate at 15.0%. Sweden’s Riksbank meets tomorrow, and the policy rate will likely remain at 1.75%. Prices G10 • The euro rose for the fourth consecutive session yesterday. After stalling in front of $1.20, it shot through it late in the North American session after President Trump said he was not concerned with the dollar’s decline, and apparently with the help of stops, surged to $1.2080, its best level since June 2023. Some euro buying may be related to a couple of large options. On Friday, options nearly 4.3 bln euros at $1.19 expire, and on Monday (February 2), 2.0 bln euros of options at $1.20 expire. It settled above its upper Bollinger Band (now near $1.1965) for the third consecutive session. In fact, it settled more than three standard deviations above the 20-day moving average. There has been no follow-through buying today, and the euro is consolidating in a $1.1960-1...