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Barclays’ 3 reasons to keep buying US stocks

Barclays’ 3 reasons to keep buying US stocks

Barclays continues to favour US equities, citing three tailwinds for stocks ahead:First, much of the increase in valuations is earnings driven. Even as NVDA has pole-vaulted to become a $2trn-plus company, its P/E multiple to forward earnings has come down sharply....

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EUR/USD forecast to rise to 1.15

EUR/USD forecast to rise to 1.15

Bank of America are projecting a rise for EUR/USD to 1.15 by the end of 2024.Analysts at the bank are tipping both the Federal Reserve and European Central Bank to begin their rate-cut cycle in June.However, they say, Fed rate cuts are expected to have more impact...

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New Zealand February Manufacturing PMI 49.3 (prior 47.3)

New Zealand February Manufacturing PMI 49.3 (prior 47.3)

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,...

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Russia has moved tactical nuclear weapons into Belarus

Russia has moved tactical nuclear weapons into Belarus

Website 'Foreign Policy' with report, citing unnamed Western officials:Russia has moved tactical nuclear weapons from its own borders into neighboring Belarus, several hundred miles closer to NATO territoryThe move, which Putin first announced in June of last year, is...

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Down day for the major US stock indices

Down day for the major US stock indices

It is a down day for the major US stock indices. The broader indices are now down for the 4th day in 5. THe higher PPI data put buyers on the defensive. Yields moved higher with the 10 year up about 10 basis points. The 2 year is up by 7 basis points today.The final...

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JPMorgan thinks $2500 gold is a possibilty this year

JPMorgan thinks $2500 gold is a possibilty this year

Gold is JPMorgan's top pick in the commodity space as they see a path to $2500 this year.Natasha Kaneva, global head of commodities, spoke on Bloomberg TV today and laid out a path that includes a continued moderation in inflation, weakening jobs numbers and signs the...

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US equity selling accelerates late

US equity selling accelerates late

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,...

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Goldman Sachs sees a big jump in volatility coming in April

Goldman Sachs sees a big jump in volatility coming in April

The VIX is jumping today as stock market slump but analysts at Goldman Sachs think it could rise much further from here. The volatility index offers a good hedge on stock markets as it rises exponentially as equities fall.Goldman Sachs says its volatility model sees...

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