Trading Starbucks Post Q1 Earnings
Starbucks recently reported its first-quarter earnings report for 2023. The multinational American coffee chain has 33,833 stores in 80 countries and is often seen as a barometer of the health of the consumer. Learn more details of Starbucks’ latest quarterly earnings report, what the analysts are forecasting for the stock and how to trade […]
Australian Dollar Jumps Post RBA Hike of 0.25% as Expected. Where to for AUD/USD?
Australian Dollar, AUD/USD, RBA, CPI, Trade, China, ASX 200, Fed, US Dollar – Talking Points The RBA hiked for the ninth time to 3.35%, a lift of 25 basis points AUD/USD firmed in the immediate aftermath but eased since The RBA sees more hikes ahead. Will that underpin AUD/USD? Recommended by Daniel McCarthy Get Your […]
US Dollar Slammed Post FOMC as Markets Test Fed Resolve. Where to for USD?
The US Dollar slide has continued after the New York close post the Fed hiking rates and Powell putting a dovish tilt in the mindset of the market. How low will USD go? US Dollar, DXY Index, USD, Fed, FOMC, Powell, Disinflation – Talking Points The US Dollar has been vanquished by the markets slant […]
Trading Mastercard Post Q4 Earnings
Credit card companies have gained a lot of attention over the past year as cross-border payment volumes soar and higher interest rates boost the bottom line. But fears of a recession, less consumer spending and a slowdown in international travel have been key concerns. Learn about the latest quarterly earnings report from Mastercard, what […]
US equities post another solid day, led by tech stocks
Nasdaq daily Closing changes in North American equities: S&P 500 +0.5% Nasdaq +1.3% Russell 2000 +0.8% Toronto TSX Comp +0.1% On the week: S&P 500 +2.7% Nasdaq +4.6% Russell 2000 +2.7% Toronto TSX Comp +1.1% The story of the week is the revival of the high flyers of 2021 with Tesla leading the way in […]
Trading Morgan Stanley Post Q4 Earnings
Morgan Stanley was one of the last big investment banks to report fourth-quarter earnings. While most banks beat Wall Street’s expectations, the majority also posted a fall in investment banking fees. However, some analysts have honed in on Morgan Stanley’s results due to record revenues in its wealth management division. Learn more about what […]
Trading Delta Airlines Post Q4 Earnings
Airline stocks tumbled during the coronavirus pandemic and have only now just recovered. While shares in Delta Airlines collapsed more than 70% during this period, the stock is now up 116% from the lows of 2020. Delta’s most recent fourth-quarterly earnings report beat analyst expectations but also provided some forecasted warnings. Learn how to […]
Forexlive Americas FX news wrap: The major indices post the 2nd consecutive positive week
The ghost of 2022 is behind us in the stock market as the major indices closed higher for the 2nd consecutive week to start the new year. The gains have been led by the Nasdaq which rose by an oversized 4.82% this week (largest 1 week gain since November 7 week), after rising by near […]
Euro Continues to Surge as the US Dollar Wilts Post US CPI. Higher EUR/USD?
The Euro rally has been maintained today after the US Dollar was pummelled on bets that the Federal Reserve may not need to be so hawkish. Will the trend continue for EUR/USD? Euro, EUR/USD, US Dollar, US CPI, Fed, AUD, NOK, Crude Oil – Talking Points Euro support gains traction after US Dollar descent from […]
S&P 500 Post CPI Rally Muted by Technical Resistance
S&P 500 Post CPI Outlook: 4000 Technical Support and Resistance Firms Ahead of Earnings SPX 500 retests 4021 but bears retaliate driving prices back below 4000. US equity futures mixed after US CPI prints in-line with expectations. Inflation pressures ease but robust labor market could give the Fed more ammunition to hold rates higher for […]