Author: FX
Earnings season hits full stride next week, with several of the market’s biggest companies set to report. Investors will be watching not only the headline numbers, but also management commentary on AI spending, consumer demand, tariffs, and the outlook for the second half of the year.MondayBefore the Open AstraZeneca (AZN) Baker Hughes (BKR) After the Close None of the major household names TuesdayBefore the OpenPayPal (PYPL)Boeing (BA)Coca-Cola (KO)UPS (UPS) Corning (GLW) After the CloseWednesdayBefore the Open SoFi (SOFI) Boston Scientific (BSX) ADP (ADP) Procter & Gamble (PG) Humana (HUM) After the CloseMicrosoft (MSFT)Meta Platforms (META)ARM Holdings (ARM)Qualcomm (QCOM)Lam Research (LRCX)Chipotle…
Iran not yet ready to make a deal.We can negotiate and we are speaking to them. Nuclear is a wave of the futureOn Saudi Arabia nuclear deal: Saudi Arabia should be a member of Abraham accords.On Canada: going to put a big tariff on Canada because of the smoke.Will see what comes of Iran talks.Thanks that Iran is being serious This article was written by Greg Michalowski at investinglive.com. Source link
The New Zealand Dollar gains over 0.30% against the US Dollar, poised to test key resistance levels, with the 50-day Simple Moving Average (SMA) at 0.5793, slightly below the 0.5800 figure. At the time of writing, the NZD/USD trades at 0.5789, after bouncing off daily lows of 0.5767.NZD/USD Price Forecast: Technical outlookThe Kiwi Dollar seems to recover during the day, but the overall trend is downwards, until the pair reclaims the May 29 high of 0.5995. Momentum turned bullish as depicted in the Relative Strength Index (RSI), but seems to be fading as the index is about to pierce bearish…
WTI crude oil futures settled at $89.31, down $2.88 (-3.12%) on the day after trading in a wide range between $87.68 and $92.83. Despite today’s sharp decline, crude still finished the week up $7.51, or 9.17%, highlighting just how volatile trading has been.From a technical perspective, the daily chart shows buyers made a run to $93.50 on Thursday, briefly pushing above the 50% retracement of the decline from the March high to the July low at $93.26. However, the breakout quickly failed, inviting sellers back into the market. Today’s rally topped out at $92.83, about 43 cents shy of that…
NY Times: Trump meets with top advisors to decide whether to increase military pressure on Iran !”#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz !”#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz Source link
Pres. Trump is on TruthSocial saying: “The European Union is at it again and, as usual, taking direct aim at GREAT American Companies! After having fined Apple, for no reason at all, 15 Billion Dollars, Meta, 3 Billion Dollars, Amazon 2.5 Billion Dollars, and many others, we have just been informed that Google, a truly advanced and amazing group, has been fined yet another 1 Billion Dollars, without explanation. This brings the Google total to over 18 Billion Dollars! This illegal and highly discriminatory practice started at these high levels during the first year of the Sleepy Joe Biden Administration,…
AUDUSD stuck in the mud. Looking for a break from the non-trend. !”#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz !”#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz Source link
Trump’s temporary tariffs expired at midnight Friday. New ones landed in the same instant. Same wall, different bricks. The United States now taxes imports from 60 trading partners at rates between 10% and 12.5%. Count the European Union’s members separately, and that group covers more than 80 countries. The administration calls it a forced-labor crackdown. Traders should read it as round two of the tariff regime the Supreme Court struck down back in February. Trump’s New Tariffs: Key Takeaways New rates: 10% to 12.5% tariffs now apply to imports from 60 economies (more than 80 countries counting the EU’s members…
US new-home sales for the month of June 0.628M versus 0.610M estimate !”#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz !”#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz Source link
Brown Brothers Harriman’s (BBH) Elias Haddad notes that USD/JPY is consolidating just below a multi-decade high as Japan’s private sector growth strengthens and Consumer Price Index (CPI) tracks below Bank of Japan (BoJ) forecasts. Markets expect the BoJ to hold at 1.00% next week, with around 60 bps of tightening priced over twelve months. This leaves scope for higher BoJ rate expectations, seen as supportive for Japanese Yen (JPY).BoJ outlook and growth pulse support JPY”USD/JPY is consolidating just under a multi-decade high. Japan private sector growth strengthens to five-month high in July, supporting the BoJ’s hawkish bias. The composite PMI…