Author: FX

S&P 500 OUTLOOK:The S&P 500 and Nasdaq 100 finished the way slightly lower as bullish momentum continued to fadeQuarterly earnings from megacap tech will steal the limelight next weekTraders should focus their attention on financial results from Microsoft, Alphabet, Meta and Amazon in the coming days Recommended by Diego Colman Get Your Free Equities Forecast Most Read: USD/JPY Jumps on US PMI Data Beat as US Treasury Yields Resume RallyPrice action has been unimpressive for the S&P 500 and Nasdaq 100 in recent days despite Tesla’s steep sell-off following disappointing quarterly performance. Both indices have lacked clear directional conviction, at…

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© Reuters. African elephant Noor Jahan, 17, who is unwell, rests on a sand pile, at a zoo in Karachi, Pakistan April 14, 2023. REUTERS/Akhtar Soomro KARACHI, Pakistan (Reuters) -Noor Jehan, an elephant in Pakistan’s Karachi Zoo whose illness revived criticisms of the nation’s zoos, died on Saturday despite frantic efforts to treat her, officials said. The critically ill 17-year-old elephant had fallen into a pond this month and been unable to get up without help. “After fighting for 9 days, she succumbed to her critical condition. She spent too long lying on the ground – a life-threatening situation for…

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GBP/USD, BRITISH POUND – Fundamental & Technical Outlook:GBP/USD looks overbought from a multi-month perspective, just as it tests vital resistance.GBP/USD’s rally is showing signs of fatigue even as UK inflation fell less than expected last month.Which way for GBP/USD in the near term? Recommended by Manish Jaradi How to Trade GBP/USD The British pound’s rally against the US dollar has stalled recently, and chances are that the consolidation could continue a while longer before it embarks on a new leg higher.That’s because even though UK inflation earlier in the week showed price pressures remain stubbornly high, the near-term monetary policy…

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© Reuters. FILE PHOTO: Britain’s Meghan, Duchess of Sussex is seen in a car during the procession following the service, on the day of the state funeral and burial of Britain’s Queen Elizabeth, in London, Britain, September 19, 2022 REUTERS/Peter Cziborra LONDON (Reuters) – Meghan, the wife of Britain’s Prince Harry, criticised the British media on Saturday over reports that letters exchanged with King Charles played a part behind her decision not to attend his coronation, her latest confrontation with the press. The Daily Telegraph reported Meghan had written to the now king to express her concerns about unconscious bias…

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MADRID (Reuters) – The daughter of an environmentalist imprisoned by Iran said on Saturday she had lost confidence in U.S. President Joe Biden’s efforts to free her father. Morad Tahbaz, an Iranian-American who also holds British citizenship, has served five years of a 10-year sentence after being convicted of spying. He was briefly released to house arrest with an electronic tag in March 2022 when two other dual nationals, including British-Iranian aid worker Nazanin Zaghari-Ratcliffe, were allowed to leave Iran. In July his lawyer was quoted as saying he had been granted bail, but his daughter said he was now…

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AMAZON, Daily Amazon.com, Inc. is expected to report earnings on Thursday (27/04), after market close. The report will be for the fiscal quarter ending March 2023. Amazon’s revenue is expected to increase, supported by its thriving cloud computing division, subscription services and advertising business, despite declining e-commerce demand amid faster rising costs and shrinking margins. In Q1 2023, Amazon’s EPS is expected to decline for the seventh consecutive quarter. According to Zacks Investment Research, based on 13 analysts’ estimates, the consensus EPS estimate for the quarter is $0.21 with a stock rating of #3 (hold). The reported EPS for the…

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MON: German Ifo Survey (Apr).TUE: Riksbank Announcement, South Korean GDP (Q1), US Richmond Fed Index (Apr), New Zealand Trade Balance (Mar)WED: BoC Minutes, Australian CPI (Mar/Q1), US Durable Goods (Mar).THU: CBRT Announcement, EZ Business Climate (Apr), US GDP Adv. (Q1)/ PCE Prices Adv. (Q1).FRI: BoJ Announcement and Outlook Report, Eurogroup meeting, Japanese Tokyo CPI (Mar)/ Retail Sales (Mar)/ Industrial Profits (Mar), French, German and Spanish Prelim CPI (Apr), German Unemployment (Apr), US PCE (Mar).NOTE: Previews are listed in day-orderNew Zealand Trade Balance (Tue): There are currently no expectations for the March Kiwi trade balance. The February Trade Balance printed at…

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5/5 © Reuters. Lexi Nelson talks to her mother Wendy about her income tax filing at their home in Foxborough, Massachusetts, U.S., March 21, 2023. Wendy Nelson’s mother died from Alzheimer’s disease, her father suffers from it, and genetic tests show that Wendy carries 2/5 By Julie Steenhuysen CHICAGO (Reuters) – Wendy Nelson watched her mother slowly die of Alzheimer’s disease, unable to move or swallow at the end. “All her pleasures of life were gone,” Nelson said. Grief-stricken, terrified of facing the same death, Nelson ordered 23andMe DNA test kits for Christmas 2020 for herself and three adult daughters. A…

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