High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
IBM EPS $1.68 vs $1.59. Revenues $14.46 billion vs $14.52B est.
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
Chipotle EPS $13.37 vs $11.66 est. Revenues $2.70 billion vs $2.67B est.
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
Forexlive Americas FX news wrap: USD/JPY cracks 155
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
Meta Platforms EPS $4.71 vs $4.32 est. Revenues $36.46B vs $36.1B est.
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
S&P and NASDAQ close higher for the third consecutive day
The broader S&P and NASDAQ index closed higher for the third consecutive day. The gains were modest ahead of key earnings starting with Meta Platforms after the close. Chipotle, ServiceNow, IBM, Lam research are all scheduled to release after the close today.For...
Economic calendar in Asia Thursday, 25 April 2024 – a light one
The calendar is light.A couple of things to note for the session ahead are:1. USD/JPY has popped above its latest 'line in the sand' (the sand blew away again) @155.00. Expect verbal intervention from Japanese officials again today. This will present dip buying...
Trade ideas thread – Thursday, 25 April, insightful charts, technical analysis, ideas
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
Meta Platforms, ServiceNow and Chipotle report after the close. What to expect?
Meta Platforms expectations:EPS: Expected to be $4.32. A year ago, EPS was at $2.20. That is a gain of 96%Revenue: Projected at $36.1 billion. A year ago revenues were at $28.64 billion. That represents a gain of 26.0%Daily Active Users (DAUs): Expected to be 2.12...
Bitcoin falls 3% as the halvening gain disappears
Bitcoin is now down 3.3% on the day, or $2200, to $64,150. Virtually all of the selling has been since the start of the US session and points to some broader angst in risk assets.It climbed earlier in the week after the halvening but stalled out yesterday and is now...
GBPUSD ping pongs between technical levels
In the morning kickstart video, I spoke to the support near the 200 hour MA and the swing area, and if that level held, the need to get and stay above the 38.2% of the April trading range. Well those levels have defined the range in the US session (give or take a...
No help from the inventory data as WTI crude settles down 55 cents
WTI crude oil traded in a $1.25 range today and initially traded higher briefly on weekly US inventory data before fading afterwards. I think that you need to go back to yesterday to get some of the context of the rally. There was a big intraday rally in oil that...
Steady buying pulls US equities back higher
SPX 5 minsThe intraday swings in equities in the past two weeks have been tough to manage and that's been the case again today. Stocks opened higher then were beaten down, in part due to rising Treasury yields.However the tide has turned since the 5-year sale of...
USD/JPY pushes the range to 155.35
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
BOC Minutes: Agreed taht any monetary policy easing would probably be gradual
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
Spanish Prime Minister Pedro Sanchez says he’s suspending public duties
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
US sells $70 billion of five-year notes at a high yield of 4.659%
High yield 4.659%WI level at the time of the auction: 4.655%Tail 0.4 basis points versus six-month average of 0.5 basis pointsBid to cover 2.39 Xversus six-month average of 2.41XDirects 19.25% versus six-month average of 17.9%Indirects 65.74% versus six-month average...
David EInhorn (Greenlight Capital) says investors don’t care about value investing
David Einhorn, billionaire president of Greenlight Capital in his letter to investors said:Investors don't understand or don't care about valuations. Says the value investing industry is deadThat does not stop him from his value investing. Some of the stocks he has...
U.S. Treasury to auction off $70 billion of five-year notes at 1 PM
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
European equity close: The three-day winning streak ends
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...