Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from
FinraMoving Average Convergence/Divergence oscillator (MACD) is one of the simplest and most effective momentum indicators available.
Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. RSI oscillates between zero and 100. According to Wilder, RSI is considered overbought when above 70 and oversold when below 30.
* Mexico headline inflation speeds up slightly in March * El Salvador launches tender offer for external debt due 2025-2029 * Grupo Financiero Galicia to buy HSBC business for $550 mln * Latam stocks up 1.0%, FX adds 0.5%. Mexico's headline inflation reached 4.42% in March, a modest increase from the 4.40% seen in February, although below the 4.50% expected by economists polled by Reuters. Meanwhile, core inflation, that excludes some volatile food and energy prices, continued to modera...
HSBC stressed its commitment to the U.S., after striking the latest of several deals that will substantially reduce its presence in the Americas. Europe's largest bank by market value agreed to sell its business in Argentina for $550 million to Grupo Financiero Galicia, one of the Latin American country's biggest lenders. + HSBC expects to incur a roughly $1 billion hit to quarterly pretax profit.
HSBC Holdings is selling its Argentina business for over half a billion dollars, the bank’s latest exit from markets that are no longer core to its business strategy.
LONDON (Reuters) -HSBC is selling its business in Argentina and booking a $1 billion loss on the deal, the bank said on Tuesday, as it continues to shrink its once globe-spanning empire to focus on Asia. HSBC is selling the business, which covers banking, asset management and insurance, to Argentina's fifth largest bank Grupo Financiero Galicia for $550 million, the British bank said. HSBC CEO Noel Quinn has sought to simplify the sprawling lender to improve performance by exiting several mar...
Here is how Grupo Financiero Galicia (GGAL) and First Internet Bancorp (INBK) have performed compared to their sector so far this year.
The far-right leader is on a mission to prevent “the worst crisis" in the country's history.
After initially surging last week on the news that libertarian candidate Javier Milei had on Nov. 19 been elected president of Argentina, shares of Argentine banks Grupo Financiero Galicia (NASDAQ: GGAL), Grupo Supervielle (NYSE: SUPV), and Banco Macro (NYSE: BMA) all gave back some ground before the Thanksgiving holiday in the U.S. Does the election of one politician really justify such massive run-ups?
The far-right leader is on a mission to prevent “the worst crisis" in the country's history.
The far-right leader is on a mission to prevent “the worst crisis" in the country's history.
But Latin America’s third-largest economy is broke and lacks funds to swap the nearly worthless peso for the greenback.