This article was written by Greg Michalowski at www.forexlive.com. MoneyMaker FX EA Trading Robot
Nvidia EPS $0.68 vs $0.64 estimate. Rev $30.04B dollars vs $28.5 billion estimate
Q2 EPS: $0.68 versus $0.64 estimate. Last year $0.27 last year. Revenue: $30.04 billion vs $28.5 billion estimate. Last year $13.51 billionData center: $26.3 billion versus $25.08 billion estimateAdjusted gross margins and 75.7% versus 75.5% expectedR&D expenses...
Forexlive Americas FX news wrap: US dollar firms ahead of Nvidia earnings
US sells 5-year notes at 3.645% vs 3.642% WIItaly plans to confirm it will bring deficit-to-GDP below 3% in 2026EIA weekly crude oil inventories -846K vs -2265K expectedEight things to look for in the Nvidia earnings reportSEC notifies NFT marketplace OpenSea that...
Major US stock indices close lower ahead of Nvidia earnings
The major US indices are ending the day lower. For the industrial average, it' snapped a 2- day record closing. The NASDAQ index fell -1.12% ahead of Nvidia's earnings to be released at 4:20 PM ET. Nvidia shares closed down $-2.69 or -2.10%.The final numbers for the...
What’s Ahead? Fed’s Bostic, ANZ business confidence & some key earnings ahead (i.e.Nvidia)
The economic calendar in the Asian Pacific session is light once again.Fedspeak will have Fed's Bostic speaking at 6 PM. On Friday, in interviews with Bloomberg TV and CNBC, Bostic stated that he estimates the long-run Federal Reserve rate at 3%. He emphasized that...
Eight things to look for in the Nvidia earnings report
Jensen HuangIt's a rare moment in global financial markets when everything hangs on a single earnings report. It's been similar for the past few quarters for Nvidia but this one lands at a particularly quiet moment for broader markets and has taken on extra...
SEC notifies NFT marketplace OpenSea that it’s likely to sue for securities law violations
The non-fungible token boom-and-bust is likely to go down in history as one of the all-time manias to go along with tulip bulbs and the dot-com bubble. It's probably the single-most stark example of the post-pandemic excess and the base for it all was OpenSea, which...
US stocks continue to struggle as the waiting game continues
Nasdaq Comp dailyThe Nasdaq is lagging, down about 1.6% as we wait for Nvidia earnings. Chipmakers are near the bottom of the charts as they will trade in-line with NVDA tomorrow but Starbucks, Netflix and Tesla are also notable laggards. One that's worth highlighting...
Sterling takes a break after three-week rally
GBPUSD dailyIt's been a sensational run for the pound over the past three weeks, culminating in a two-year high yesterday. Profit taking is the theme today with GBP/USD down 80 pips to 1.3174.Kier Starmer yesterday highlighted 'painful' choices that need to be made in...
US sells 5-year notes at 3.645% vs 3.642% WI
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,...
BOJ maintains rate hike outlook despite yen surge — MUFG
USDJPY dailyMUFG highlights that the Bank of Japan (BoJ) continues to signal potential rate hikes despite recent yen strength, with rising front-end yields expected to limit yen selling appetite.Key Points:BoJ's Stance: The BoJ has not shifted its monetary policy...
Fixed income market quiet ahead of today’s five-year auction
US 5 year notes dailyToday we get the second in a trilogy of Treasury auctions this week. It's a $70 billion sales of five-year year notes due at the top of the hour.Yesterday the market was anxious about a two-year sale but it went surprisingly well and there was a...
Italy plans to confirm it will bring deficit-to-GDP below 3% in 2026
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,...
Bitcoin down 5% in the third day of selling
Bitcoin made some headway last week as it broke out of a consolidation patter and looked well on its way to recouping the July-August losses. But the mood changed early this week and it's been steady selling, culminating in a 5% loss today.BTC dailyThe drop in bitcoin...
European equity close: Broad but modest gains, the DAX nears all-time high
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,...
Nasdaq extends losses as the angst builds ahead of Nvidia earnings
Nasdaq dailyAlright, alright, alright... enough about Nvidia already.Shares of the company are down 4% and the Nasdaq is down 1.4% in a move that's gone in lockstep. The options market is pricing a +/- move of 9% in NVDA shares when earnings are reported after the...
The next big debate is how low US interest rates will go
Here is a handy chart from Apollo showing what's priced in for US and Eurozone overnight rates.The dotted lines show the market-derived forecasts while the solid lines shows some valuable historical context.We know rates in the US are going to be cut in September and...
EIA weekly crude oil inventories -846K vs -2265K expected
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,...
Market dynamics in focus: Navigating through green and red zones
Stock heatmap by FinViz.com Wed, 28 Aug 2024 13:46:10 GMTInsights into Today's Stock Market: A Palette of Mixed PerformancesToday's stock market offers a vibrant mix of advances and retreats across various sectors, presenting a complex landscape for traders and...
US markets set to open slightly lower
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,...