Stock market index: How to Trade Indices
2023.02.01 2023.02.01 What is a stock index and how to trade Indices Michael Hypovhttps://www.litefinance.org/blog/authors/mikhail-hypov/ Nowadays, anyone can buy the stocks of almost any company they are interested in just a few seconds. What if you can buy the securities of a few dozen companies at one trade? Thus, you can lower the high risk of […]
Market Spotlight: Reality Check For Meta Platforms?
Meta Earnings In Focus Along with the FOMC today we also have big news in US earnings with Meta Platforms reporting its Q4 results today. With the iconic tech stock having suffered a brutal decline in value last year, amidst the worst year for tech stocks since 2008, traders are keen to see how the […]
Midweek Market Overview: 01 February 2023
Central Banks are in focus this week as investors eye the FOMC as well as ECB and BoE meetings. Dollar Midway through the week and the Dollar continues to find support above the key 101.28 level, as bears snap a three-day uptrend ahead of the much-anticipated Fed interest rate decision later today. Factors driving this […]
Market Update – February 1 – US100 Posts Best January Since 2001
Stocks and bonds corrected higher on Tuesday as the deceleration in ECI energized short covering and boosted risk appetite. Global Stock market finished solid. Earnings were mixed, but a lot of bad news has been digested, opening the door for bargain hunting. Treasury yields declined, led by the front end as […]
Market Spotlight: Spotify Earnings in Focus Today
Spotify Earnings Up NextOn the back of two consecutive quarters of earnings declines, Spotify is in focus today. The company is due to report Q4 results with Wall Street looking for an adjusted loss per share of -$1.35 on revenues of $3.391 billion. Spotify suffered sharply over 2022, losing more than 60% of its share […]
ForexLive Asia-Pacific FX news wrap: Awaiting the Federal Open Market Committee (FOMC)
Major forex rates traded in limited ranges during the session here with traders awaiting the Federal Reserve statement and Powell’s following news conference. ICYMI, previews posted already: News flow of any relevance was basically absent. We did get some data flow though. The New Zealand labour market report for Q4 2022 (official NZ jobs data […]
Market Spotlight: Downside Risks for Exxon Into Today's Earnings?
Exxon in Focus All eyes are firmly on US earnings today with the world’s largest public energy firm, ExxonMobil, due to report Q4 results. On the back of a bumper +80% year for the stock, investors are looking for fresh reasons to hold Exxon through 2023. With that in mind, the focus for today’s earnings […]
Daily Market Outlook, January 31, 2023
Daily Market Outlook, January 31, 2023 Nasdaq Back At Five Week Lows, Global Stocks Still Set For First Jan Gains Since 2020Jitters on Wall Street ahead of Wednesday’s FOMC rate decision and Chair Powell’s press conference saw investors paring risk positions, with Tesla giving back over 6% of recent gains, this led to the Nasdaq retreating […]
Market Update – January 31 -Stocks Lower; Techs Lead Drop
Global Stocks extend lower, USD steady and Yields picked up across the curve with the short end underperforming in a bear flattener given the Fed views. The curve flattened to -72 bps before unwinding to -70 bps. The looming FOMC decision on Wednesday and expectations for a hawkish trimming in […]
Daily Market Outlook, January 30, 2023
Daily Market Outlook, January 30, 2023 Central Bank Decisions To Dominate The Data Docket For the WeekAsian markets have started the week with a mixed tone as investors prepare for major central bank decisions from the US, Europe and the UK. The paring in risk appetite comes against a backdrop that has been broadly constructive for […]