Microsoft is out with its earnings and beat on the top and bottom lines: EPS$2.94 versus $2.82 estimateRevenues of $61.869 versus $60.82 billion estimate other […]
WSJ Timiraos: “The Dream of a Fed rate cuts is slipping away”WSJ Timiraos: “The Dream of a Fed rate cuts is slipping away”
The WSJs Timiraos is out with an article titled “The Dreams of Fed rate cuts is slipping away”. A summary of the article says: Fed […]
Alphabet EPS $1.89 versus $1.51 estimate. Revenues $80.54B versus $78.59B estimateAlphabet EPS $1.89 versus $1.51 estimate. Revenues $80.54B versus $78.59B estimate
EPS $1.89 versus $1.51 expectedRevenues $8.54 billion versus $78.59 billion estimateCloud revenue comes at $9.6 billionAlphabet issues a $0.20 per share dividend (its first ever […]
Crude oil settles at $83.57Crude oil settles at $83.57
Crude oil is settling at $83.57. That’s up $0.76 or 0.92%. Technically, looking at the price action on the hourly price below, like the USD, […]
USDCAD another pair that has retraced the USD gains. Back down testing 50% midpoint.USDCAD another pair that has retraced the USD gains. Back down testing 50% midpoint.
The USDCAD has been trading up and down over the last few days of trading. The volatility intensified today with a move lower into retracement […]
US encourage Europe & Asia alliesto tighten restrictions on chip related technology ChinaUS encourage Europe & Asia alliesto tighten restrictions on chip related technology China
The US is encouraging Europe and Asia allies to tighten restrictions on chip related technology and tools to China. Report says US is concerned about […]
USD retracing most of the gains from core PCE riseUSD retracing most of the gains from core PCE rise
The USD moved higher on the back of the core PCE data within the US GDP report. However, those gains have nearly been erased. Although […]
ECBs Panetta: We must weigh risk of monetary policy becoming too tightECBs Panetta: We must weigh risk of monetary policy becoming too tight
ECBs Panetta is on the wires saying: We must wait risk of monetary policy becoming to tight.Timely, small rate cuts would counter weak demand, and […]
GBPUSD ping-ponging between 38.2% and 50% of the April trading rangeGBPUSD ping-ponging between 38.2% and 50% of the April trading range
The volatile move to the upside in the dollar after the US GDP, has reversed course after holding support against its broken 38.2% retracement of […]
U.S. Treasury to auction off $44 billion of 7- year notes at the top of the hourU.S. Treasury to auction off $44 billion of 7- year notes at the top of the hour
The U.S. Treasury will auction off $44 billion of seven-year notes at the top of the hour. The auction will conclude the coupon issuance for […]