Oil Majors: Pause or Beginning Of The End?
Oil Majors See Record Profits in 2022The explosion in profits for energy companies over 2022 was one of the key headlines in the equities space. In 2022 overall, leading US energy companies Exxon and chevron made a combined $100 billion in profit, recording their best years on record. Against this backdrop, both companies saw their […]
The beginning of the end to the EUR rally?
Danske Research discusses EUR/USD outlook and maintains a structural bearish bias over the coming months. “We note that in tandem with EUR/USD loosing steam Eurozone equities are beginning to underperform US peers – and also more generally that value is beginning to underperform growth. In our view, this is an important development to follow when […]
Dollar’s comeback beginning to look ‘appealing’ as U.S. stocks enter rally mode By Investing.com
© Reuters By Yasin Ebrahim Investing.com — The dollar has faced hammer blow after hammer blow in its attempts to hold ground against rivals, but the greenback is finally starting to look ‘appealing’ as U.S. equities pick up steam against their European rivals. The , which measures the greenback against a trade-weighted basket of six major […]
Market Spotlight: Is Bitcoin Beginning A Fresh Bull Run?
Risk Markets Holding Up Ahead of FedDespite some nervousness in markets on the back of a gloomy outlook from Intel yesterday, tech assets appear to be holding up today ahead of the US open. Indeed, despite some intra-day volatility yesterday, the NASDAQ rebounded to end the day higher. Looking across the risk markets, crypt assets […]