Tags : USA

Fundamental

Stocks decreasing on the last day of the first half 

Market confidence in FED supports By: Ahura Chalki Market analyst – IFC Markets Earlier in the Asian markets, Nikkie 225 closed 0.07% lower, and Hang Seng was down 0.57%, but Shanghai gained 0.50%. In Europe, suffering was much more. UK100 after missing GDP numbers lost 0.21%. In Germany, while the unemployment rate did not change at […]Read More

Stocks and Indices

US futures are little changed ahead of Powell

  By: Andria Pichidi Positive headlines on an experimental vaccine and upbeat comments from Fed Chair Powell helped to boost investor confidence yesterday and so far today, with bond markets under pressure amid a backdrop of rallying global stock markets. American biotech Moderna announced further progress in its development of a vaccine for the coronavirus. […]Read More

Fundamental

Downside Risks for US Retail Sales

  By: Andria Pichidi Data starts to pick up with CPI today, along with Retail Sales and Industrial Production on Friday. The April Retail Sales are anticipated to plunge by -13.5%, with a -9.0% ex-auto drop, after respective March declines of -8.4% and -4.4%. Mandatory shutdowns depressed retail sales components sharply, and unlike last month […]Read More

Forex

FOMC Preview

  By: Stuart Cowell FOMC Preview No policy changes or surprises are expected with today’s announcement (19:00 GMT) and Chair Powell’s press conference 30 minutes later. It will be interesting to see if, as expected, the voting is unanimous this time round. The FOMC members have expressed significant differences of opinion during 2019 as three […]Read More

Fundamental

FOMC the 1st to come

  By: Andria Pichidi The most prominent event for Wall Street this week is the FOMC meeting, while an SNB and ECB meeting and the UK election also feature. FOMC will be  first,  starting its 2-day meeting on Tuesday. The FOMC is widely seen on hold even after the robust payroll data, with no shift […]Read More

Stocks and Indices

Equities continue to set new all-time highs

  By: Stuart Cowell USA100, Daily US equities are moving further into record high territory, with the Dow (USA30) and NASDAQ (USA100) 0.3% firmer while the S&P 500 (USA500) is up 0.2% in pre-market futures trading. All three indexes closed at all time high levels on Monday, (November 4) with the recent climb fueled by US-China trade optimism, upbeat earnings, vanquished […]Read More

Stocks and Indices

Bank of America (BoA) ahead of Q3 reports!

  By: Ahura Chalki Q1 and Q2 Overview: (Yahoo Finance) Market Cap: 273.478B 52 Weeks movement range: $22.66 – $31.17 Q1: EPS: Beat by $0.05                 Q2: EPS: Beat by $0.03 Q1: Revenue: 21.99B                    Q2: Revenue: 22.23B Q1: Earning: 7.31B               […]Read More

Forex

CAD CPI & Strong US Housing ahead of FED

  By: Stuart Cowell USDCAD, H1 Canada’s CPI through August is consistent with steady BoC policy through year end. CPI dipped to a 1.9% y/y pace in August from the 2.0% y/y clip in July, matching expectations. The core measures held around 2.0%, with CPI-median and CPI-trim at 2.1% y/y from 2.1% y/y and CPI-common […]Read More

Stocks and Indices

Equities – Where to next?

  By: Stuart Cowell USA500, Daily Last week there were signs of life in the equities market – August has certainly been  volatile with relatively high volumes and some key technical areas tested. Tuesday (August 20) the USA500 – the world’s most important and significant equity market closed over the key 20-day simple moving average […]Read More