Events to Look Out for Next Week
The overall cautious mood is expected to continue next week as markets continue to eye problems at Evergrande, the troubled mega property developer in China, and the potential wider fallout….
Read More »Events to Look Out for Next Week
The week ahead is expected to be a massive one, as four of the major Central Banks – the Fed, BoJ, SNB and BoE – will announce their rate decision…
Read More »USD Remains under pressure
US initial jobless claims fell -14,000 to 340,000 in the week ended August 28, another new post-covid low, and better than the 342,000 that was expected. Last week’s 354,000 was…
Read More »Eurozone Inflation hits 10-year high, CAD GDP Disappoints
EURUSD, H1 Eurozone HICP inflation hit 3% in August, up from 2.2% y/y in the previous month and indeed a much higher number than anticipated. Excluding energy, prices lifted 1.7%…
Read More »Jackson Hole, US GDP & Weekly Claims
Geopolitical risks and virus developments have remained in focus and against that background taper fears have eased. The Jackson Hole symposium may end up being pretty much a non-event for…
Read More »NFP : Steady Growth for July?
A 600k July Non-Farm payroll increase is anticipated, after gains of 850k in June and 583k in May. The jobless rate should drop to 5.7% from 5.9% in June and…
Read More »TESLA – Q2 Earnings Preview
The electric vehicle bellwether Tesla (#Tesla) will be announcing its earnings for the second quarter on 26th July, after market close. Despite facing a number of headwinds such as supply…
Read More »Netflix and Philip Morris Await New Catalyst
Netflix (#Netflix) and Philip Morris (#PhilipMorris) are expected to release their earnings reports on 20th July, with the former being released after market close and the latter being released prior…
Read More »Giants of Wall Street report Q2
IN THE SPOTLIGHT: WELLS FARGO, BANK OF AMERICA, CITIGROUP, BLACKROCK This week the key Q2 Earnings season kicks off in earnest, with many of the major US banks reporting and…
Read More »Disappointing data in US session
Wall Street opened mixed, leaving the USA100 slightly higher, at record highs in early trade. The USA500 is marginally underwater, while the DJIA is underperforming, off 125 points or about…
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