Netflix Earnings Mixed, Don’t Offer Nasdaq 100 and Tech a Clear Path to Recovery
Netflix, Earnings, FAANG, Tech and Nasdaq 100 Talking Points: The Market Perspective: Nasdaq 100 Range from 11,600 to 10,600 Netflix reported an EPS of $0.12 versus $0.42 expected on revenue that was very close to matching analyst forecasts with $8.17 billion The ability for this company’s performance to influence a broader earnings season swell – […]
Market Update – January 17 – USD Holds at 7-mth lows, Mixed data from China & UK
Trading Leveraged Products is risky Chinese GDP for 2022 at 3.0% missed expectations (5.5%) significantly and represented the slowest growth for the world’s second largest economy since 1976 and the end of the austerity of Mao Zedong. Q4 GDP beat expectations at 2.9% vs 1.8% but was still very weak. […]
Chinese yuan sinks on mixed GDP, Asia FX rattled by recession fears By Investing.com
© Reuters. By Ambar Warrick Investing.com — Most Asian currencies fell on Tuesday amid renewed fears of a global recession this year, with the yuan among the worst performers as data showed Chinese economic growth was pummeled by COVID lockdowns in 2022. The fell 0.4% to 6.7611, coming off a near five-month high after data […]
ForexLive European FX news wrap: Dollar steady, markets mixed
Headlines: Markets: USD leads, NZD lags on the day European equities higher; S&P 500 futures up 0.2% US 10-year yields down 4.7 bps to 3.576% Gold flat at $1,877.15 WTI crude up 0.4% to $75.43 Bitcoin down 0.3% to $17,421 It was a quiet session as European trading was bereft of any major economic releases, […]