Author: FX
Crude Oil, WTI, Brent, FOMC, Fed, BoE, ECB. OPEC+ China, Contango – Talking PointsCrude oil prices found some support today as China returns from holidaysOffsetting Chinese optimism, the Fed, BoE and ECB are set to hike this weekOPEC+ will be meeting on Wednesday and contango remains in play for WTI Recommended by Daniel McCarthy Get Your Free Oil Forecast Crude oil has steadied to start the week as China returns from the Lunar New Year holidays and ahead of the Federal Open Market Committee (FOMC) meeting on Wednesday.Both the WTI and Brent futures contracts took a beating on Friday as…
Meta Platforms formerly known as Facebook, Inc.) will report its earnings result for Q4 2022 on 1st February (Wednesday), after market close. The technology conglomerate with market cap nearly $400B which is based in California, USA engages in connecting people and community as well as helping businesses to grow through its Family of Apps (FOA) including Facebook, WhatsApp, Instagram, Messenger etc. The latest project that the company is working on is the development of augmented and virtual reality related consumer hardware, software and content (these are grouped under the Reality Labs (RL) segment), hoping to expand beyond 2D screens into the…
By Ambar Warrick Investing.com– Gold prices kept to a tight range on Monday as traders hunkered down in anticipation of a Federal Reserve meeting this week, with focus also remaining on any signs of slowing economic growth across the globe. The Fed is widely expected to on Wednesday. But the central bank’s stance on future rate hikes will be closely watched, given that recent data has painted a somewhat mixed picture of the U.S. economy. While inflation eased as expected in recent months, it still remained well above the Fed’s 2% annual target. The U.S. job market and economic growth also…
There isn’t fresh news nor data crossing. Choppy volatility in USD/JPY looks set to continue, even into this huge central bank week:On the 130 big figure, Japanese exporters have set sell orders.Down near 129.00 importers are lining up to buy USD/JPY. Mix in large option expires circa 130 for today and 129.00 on Tuesday (Justin will have more on option expiries later today).USDJPY choppy range: Source link
AUD/NZD is expected to extend recovery above 1.0950 despite firmer NZ Trade Balance data. A higher NZ labor cost index will escalate inflation projections further. Weaker Australian monthly Retail Sales might ease some troubles for the RBA. The AUD/NZD pair has displayed a sharp recovery move after a gap down open to near 1.0926 in the early Asian session. The cross is picking strength despite the release of the upbeat New Zealand Trade Balance data. Exports in December month improved to $6.72B versus the former release of $6.34B while Imports trimmed to $7.19B from the prior release of $8.52B. The…
(Reuters) -A missile hit an apartment building on Sunday in Kharkiv, Ukraine’s second city, killing one person and injuring others, regional governor Oleh Synehubov said. A Reuters picture from the scene showed fire engulfing part of a residential building. Synehubov said the strike took place in the city’s central Kyiv district. “According to updated information, one person has died as a result of a strike by a Russian missile on a residential building,” Synehubov wrote on Telegram. There was no immediate indication of how many people were injured. Synehubov, who earlier put the number of injured at three, said casualties…
Alexandria Real Estate Equities Q4 Earnings Preview Source link
Potlatch Q4 2022 Earnings Preview Source link
NXP Semiconductors Q4 2022 Earnings Preview Source link
Via eFX:Barclays Research provides the output of its month-end fixing model.”The passive rebalancing model at month-end points to strong USD selling against all majors except for EUR and JPY, where the signal is moderate,” Barclays notes.”We now publish our month-end signal earlier. Our analysis shows that trading earlier (a few days before month-end) improves the model’s performance. Strategies with longer holding periods perform better than our default strategy, which looks at FX performance from noon to 4PM GMT the day of month-end and has shown declining returns over the past few years. This suggests that flows are now spread over…