Author: FX

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, experience level, and risk tolerance. You could lose some or all your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading and seek advice from an independent financial or tax advisor if you have any questions. Advisory warning: FOREXLIVE™ is not an investment advisor, FOREXLIVE™ provides references and…

Share: EUR/USD trades on a stronger note near 1.0845 in Monday’s early Asian session.  Several Fed officials said the timing of interest-rate cuts will depend on incoming economic data.  The ECB is expected to leave interest rates on hold at its March meeting on Thursday.  The EUR/USD pair kicks off the new week on a positive note during the early Asian trading hours on Monday. The uptick of the major pair is supported by the weaker US Dollar (USD). Investors will closely watch the European Central Bank (ECB) monetary policy meeting on Thursday, with no change in rate…

GitLab (NASDAQ:GTLB) is scheduled to announce Q4 earnings results on Monday, March 4th, after market close. The consensus EPS Estimate is $0.08 (+366.7% Y/Y) and the consensus Revenue Estimate is $158.26M (+28.8% Y/Y). Over the last 2 years, GTLB has beaten EPS estimates 100% of the time and has beaten revenue estimates 100% of the time. Over the last 3 months, EPS estimates have seen 18 upward revisions and 0 downward. Revenue estimates have seen 17 upward revisions and 1 downward. Source link

© Reuters. FILE PHOTO: Svenska Handelsbanken CEO Carina Akerstrom arrives for a news conference to present the company’s third quarter results at Handelsbanken’s headquarters in Stockholm, Sweden, October 23, 2019. TT News Agency/Janerik Henriksson via REUTERS STOCKHOLM (Reuters) – Alecta’s chairperson Carina Akerstrom has resigned only a week after she started in the position, the Swedish pension fund said on Sunday, adding it had reinstated its former interim chair. Alecta said it would reinstate Jan-Olof Jacke, who was appointed Alecta’s interim chairperson in November 2023 when its former chair resigned. “It is regrettable that Carina Akerstrom has changed her assessment…

China forbidden cityChina’s “Two Sessions” policy meetings kick off on Monday with the microscope on the struggling economy and housing market.Hopes have been mounting for stimulus since this time last year but piecemeal offerings have repeatedly disappointed the market. If there are no announcements this week, expect to see Chinese equities and risk trades tied to global growth slump late in the week.Key announcements will include targets for GDP, employment and inflation. Those are set to be released on Thursday by Premier Li Qiang, who appears to be the leading figure who is pushing for more measures.The consensus is that…

Most Read: Gold Price Forecast: Bullish Breakout Continuation Hinges on US Jobs DataThis week promises a healthy dose of potential market volatility, driven by a lineup of high-impact events from central bank decisions to the all-important U.S. jobs report. Let’s break down some of the key catalysts to watch in the days ahead:Tuesday: Eyes on U.S. Services ActivityThe U.S. ISM Services PMI for February will offer an early glimpse into the health of the dominant services sector. While a modest decline to 53.0 is projected, any significant deviation from this estimate in the final result could spark large price swings…

ljubaphoto Jefferies said that while it’s still bullish on Value Based Care providers long-term, it’s favoring companies with diversified payor mixes and strong near-term cash flows and moving to the sidelines on those with outsized full-risk Medicare Advantage exposure. Due to near-term headwinds in the space, Jefferies advised taking a “selective” approach to the subsector over the next 12 months. The investment bank chose Astrana Health (NASDAQ:ASTH), Privia (NASDAQ:PRVA) and The Oncology Institute (NASDAQ:TOI) as its top picks while downgrading agilon (NYSE:AGL) and CareMax (NASDAQ:CMAX) to hold. Despite near-term caution, “we remain bullish on the long-term opportunity in the space…

It was another week of top tier events for forex traders to balance ideas around. Our forex strategy discussions had a mixed week as some fundamental triggers didn’t play out but we did see one solid setup in NZD/CHF. Check out our reviews to see what happened and how we did! If you’d like to follow our “Play of the Day” picks right when they are published throughout the week, you can subscribe to BabyPips Premium. On Tuesday, EUR/AUD rose to the top of the watchlist with potential action ahead for the Australian dollar. The recent broad bullish move in…

2/2 © Reuters. A view of the entrance to the Organization of the Petroleum Exporting Countries (OPEC) headquarters in Vienna, Austria, November 30, 2023. REUTERS/Leonhard Foeger 2/2 By Maha El Dahan and Alex Lawler DUBAI (Reuters) -OPEC+ members led by Saudi Arabia and Russia agreed on Sunday to extend voluntary oil output cuts into the second quarter, sources said, giving extra support to the market amid concerns over global economic growth. Saudi Arabia, the de facto leader of the Organization of the Petroleum Exporting Countries (OPEC), said it would extend its voluntary cut of 1 million barrels per day (bpd)…

UPCOMING EVENTS:Monday: Switzerland CPI.Tuesday: Tokyo CPI, China Caixin Services PMI, Eurozone PPI, US ISM Services PMI.Wednesday: Australia GDP, Eurozone Retail Sales, US ADP, BoC Policy Decision, US Job Openings, Fed Chair Powell Testimony.Thursday: Japan Wage data, Switzerland Unemployment Rate, ECB Policy Decision, US Jobless Claims, Fed Chair Powell Testimony.Friday: US NFP, Canada Labour Market report.MondayThe Switzerland CPI Y/Y is expected to fall further to 1.1% vs. 1.3% prior. The last report missed expectations by a big margin and sparked a strong dovish reaction with the market pricing a 60% chance of a 25 bps rate cut in March. Another miss…