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Microsoft and Tesla shares lower after earnings
Microsoft (MSFT) Q2 2025EPS: $3.23 (BEAT; exp. $3.11)Revenue: $69.6B (BEAT; exp. $68.78B)Azure and Other Cloud Services Revenue Growth: +31% (MISS; exp. +31.8% - Down from 33% last quarter)Segment Highlights:Intelligent Cloud: $25.5B (MISS; exp. $25.74B)More Personal...
Economic calendar in Asia Thursday, January 30, we hear from the Reserve Bank of Australia
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Trade ideas thread – Thursday, 30 January, insightful charts, technical analysis, ideas
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Some back-and-forth on the Fed decision but not much change in markets on net
EURUSD 1 minThe short-term EUR/USD chart highlights the broader move in the US dollar over the FOMC statement.The dollar rose initially as the statement removed a reference to progress on inflation. The thinking was that the Fed could be signaling it's at...
Yields are back near unchanged…(at least out the curve)
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Powell clarifies inflation comment change in language, and the dollar dips
We did some 'language cleanup' in the opening statement, removal of reference on 'progress towards inflation goal' was not meant to send a signal - Fed PowellThe comment is sending the USD back down. Stock indices are chipping away at the declines. Dow -0.21%S&P...
Powell Q&A: My assessment that rates were ‘meaningfully restrictive’ hasn’t changed
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Powell opening statement: The economy is strong
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The initial reactions to the Fed decision: Dollar higher. Stocks lower. Yields higher.
The FOMC is a bit more hawkish with the inflation shift. More specifically, the Fed said:December: "Inflation has made progress toward the Committee's 2 percent objective but remains somewhat elevated."January: "Inflation remains somewhat elevated."Key...
US dollar climbs and equities fall after the FOMC decision
The market has reacted in a hawkish way across the board after the FOMC decision.The statement removed a line saying 'inflation has made progress' and that's given it more of a neutral message than the 46 bps priced into the market.The reaction has been a roughly 25...
A comparison of the December 2024/January 2025 FOMC statements
December 18, 2024January 29, 2025Federal Reserve issues FOMC statementFor release at 2:00 p.m. ESTRecent indicators suggest that economic activity has continued to expand at a solid pace. Since earlierThe unemployment rate has stabilized at a low level in the year,...
The full statement from the January 2025 FOMC meeting
January 29, 2025Federal Reserve issues FOMC statementFor release at 2:00 p.m. ESTRecent indicators suggest that economic activity has continued to expand at a solid pace. The unemployment rate has stabilized at a low level in recent months, and labor market conditions...
Federal Reserve leaves rates unchanged at 4.25-4.50%
There was no expectation of a cut todayThe Fed had cut at the prior three meetings for a total of 100 bpsThe reference in the prior statement about inflation making progress towards 2% goal is removedThe Committee judges that the risks to achieving its employment and...
Earnings after the close include Meta, Microsoft and Tesla. What is expected?
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For reference: Here was the December FOMC statement
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US stocks fall to session lows as Nvidia drops 6.6%
NVDA dailyThe biggest company in the world (or at least it was on Friday) is bouncing around like a small-cap stock. It rebounded huge yesterday but is under pressure again today. Perhaps the tell yesterday was that it rallied far more than other beaten-up...
What’s priced in for the Federal Reserve ahead of today’s FOMC decision
Here is the ranking of things that matter to the market right now:1) Tariff news2) AI news........3) The FOMCI don't expect today's rate announcement to be a big market mover but, if anything, there are risks that Powell pivots more-strongly to neutral. That could...
Lutnick: Chinese tariffs should be the highest
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More from Lutnick:DeepSeek was able to create AI dirt cheap, but leveraging US technology
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