BEAT THE ODDS!!! – Trading Ideas – 6 February 2023
Radicance currently is selling for only $159, however, i’m already working on an update that would include a Trailing Stop, and an FTMO randomizer but of course you know by then the price would have to be higher, LOL. looking forward to having you guys on the Radicance team… Let’s win together!!! Source link
Wild beat on NFP pummels XAU/USD – TDS
Gold price tumbles sharply after a solid January US Nonfarm Payrolls report. A break under $1,880 would exacerbate losses, strategists at TD Securities report. Pricing for rate cuts has notably reversed weekly gains “A wild beat on NFP data is creating shocking whipsaws in recent trends. Pricing for rate cuts has notably reversed weekly gains, […]
Australian Dollar Skips a Beat on Chinese PMI and Domestic Data. Where to for AUD/USD?
The Australian Dollar nudged a notch higher after firm Chinese PMI numbers, while local statistics showed an economy potentially losing steam. Will AUD/USD turn lower? Source link
Tesla Continues to Jump After Earnings Beat!
Tesla stock rose more than 5% after beating both earnings and revenue. Revenue came in at $24.32bn vs the $24.16bn expected. Boeing reported a $650 million operating loss in Q4 as shares slid more than 3%. This surprised Wall Street analysts who had expected them to turn a profit. Timestamps TSLA 01:45 BA 03:05 The […]
Market Update – January 26 – BOC Pause, TESLA Beat, USD at lows
Trading Leveraged Products is risky HK markets reopened today and rallied +2.15%, other Asian markets were softer following a weak handover form Wall Street (opened -1.6% but recovered to close flat) Gold remains at 9-mth highs and USD at 8-mth lows. The Dovish 25bp hike from the BOC hit the CAD (USDCAD hit 1.3430 from 1.3340); […]
Dollar Index (DXY) Pops on U.S. PMI Beat
U.S. DOLLAR ANALYSIS & TALKING POINTS PMI data surpasses estimates across the board. Will we see a complete descending triangle break? Recommended by Warren Venketas Get Your Free USD Forecast Get My Guide USD FUNDAMENTAL BACKDROP Trade Smarter – Sign up for the DailyFX Newsletter Receive timely and compelling market commentary from the DailyFX team […]
Pound Bid After Core Inflation Beat, 50bps Secured?
POUND STERLING ANALYSIS TALKING POINTS UK CPI revealed sticky inflation in the region bolstering pound bets. BoE likely to stick to 0.5% in February meeting in what would be their 10th consecutive rate hike! Golden cross unfolding in textbook fashion, how long can it last? Recommended by Warren Venketas Get Your Free GBP Forecast GBP […]
JPMorgan, Bank of America beat on top and bottom lines, Bank of New York Mellon misses on revenue
Banks started the earnings season off on solid footing. JPMorgan beat on top and bottom lines for Q4. Bank of America beat EPS consenus by about 10%. Bank of New York Mellon stock fell on a revenue miss. A flurry of banks fired the starter pistol of earnings season early on Friday. JPMorgan (JPM) and Bank […]
Will December NFP Beat Estimates Again?
The BLS has reported that NFP have been above expectations for five months in a row. The most dramatic were the July figures which came in twice the number expected. It seems economists have been consistently underestimating the number of jobs the American economy can make. Of course, that this is a net figure instead […]
Can the Nonfarm Payrolls Beat Forecasts for a Ninth Consecutive Month?
Nonfarm Payrolls (NFP) have surpassed forecasts in the previous eight months. The NFP rarely meets expectations and frequently defies reality. Job growth above pre-pandemic levels cannot last forever. Higher interest rates and inflation have had an impact on the housing market, and possibly the labour sector as well. Nonfarm Payrolls (NFP) have exceeded expectations for […]