Author: FX
The huge week of earnings really kicks off tomorrow in what will be a blockbuster day that also includes the FOMC decision. Today, there are a few names that could highlight macroeconomic trends.The main one is payments giant Visa.Estimates are for $10.618 billion in revenue and $3.08 per share in earnings. Shares trade at 27x next year’s projected earnings but that drops to 18x on 2029 estimates. Looking at the long term, you can see the company growing earnings from $2.84 in 2016 to more than that per quarter. There is some consolidation on the chart after a big run…
Sean Gallup/Getty Images NewsWestern Union (NYSE:WU) is planning to roll out a dollar-backed stablecoin on the Solana (SOL-USD) blockchain next year, aiming to make global money transfers faster and cheaper. WU shares gained 7% in afternoon trading. The new stablecoin, called U.S. Dollar Payment token, or Source link
Travelzoo Q3 2025 slides: revenue up 10% as membership focus impacts margins Source link
Wondering what’s up with the risk rallies early this week? Equity indices soared to all-time highs on Monday while safe-haven gold tumbled and the lower-yielding dollar weakened. Welcome to what happens when the world’s two largest economies step back from the brink of a full-blown trade war. Read on to find out what happened between the U.S. and China over the weekend, why it matters, and how markets tend to respond when geopolitical tensions ease. The Basics: What Happened in Malaysia Unless you’ve been living under a rock, you probably know that the U.S. and China have been locked in…
Prior monthCurrent conditionsFifth District Manufacturing Index: -4 vs -17 → HigherShipments: 4 vs -20 → HigherVolume of New Orders: -6 vs -15 → HigherBacklog of Orders: -16 vs -21 → HigherCapacity Utilization: -10 vs -18 → HigherVendor Lead Time: 6 vs 10 → LowerLocal Business Conditions: -1 vs -12 → HigherCapital Expenditures: -10 vs 11 → LowerFinished Goods Inventories: 15 vs 11 → HigherRaw Materials Inventories: 17 vs 17 → UnchangedEquipment & Software Spending: -10 vs -11 → HigherServices Expenditures: -24 vs -17 → LowerEmploymentNumber of Employees: -10 vs -15 → HigherWages: 15 vs 13 → HigherAvailability of Skills Needed:…
AquaBounty Technologies GAAP EPS of -$0.38 Source link
3 year ahead unchanged at 2.5%5 year ahead unchanged at 2.2%This is not going to change anything for the ECB but it’s a welcome news nonetheless for them. This article was written by Giuseppe Dellamotta at investinglive.com. Source link
The Bank of Canada heads into its October meeting under pressure from U.S. tariffs that have hurt exports and dragged Q2 GDP down 1.6%, while core inflation still hovers above 3%. What are markets expecting, and how might CAD react to the event? We have the points you need to know! This Article Is For Premium Members Only Become a Premium member for full website access, plus get: Ad-free experience Daily actionable short-term strategies High-impact economic event trading guides Unlimited Access access to MarketMilk™ Plus More! Source link
After a string of lower highs and lower lows, USD/CAD finally hit a major support zone that lines up with the pair’s longer-term trend. Think USD/CAD will pop higher in the next trading sessions? Here’s what we’re seeing on the 4-hour time frame: USD/CAD 4-hour Forex Chart by TradingView Improved risk appetite and talks of a Fed rate cut pushed the U.S. dollar lower earlier this week. Meanwhile, the Loonie got a bit of love from firmer crude prices and all the risk-on vibes from U.S.-China trade optimism. Remember that directional biases and volatility conditions in market price are typically…
Since the latest U.S. inflation report came in much weaker than expected, will the Fed announce another interest rate cut this month? Or will they hold out on further easing? Either way, in the absence of major U.S. data points due to the prolonged government shutdown, the Fed decision could spur strong volatility and push USD in a clear direction. Here’s what to look out for in the October FOMC statement. This Article Is For Premium Members Only Become a Premium member for full website access, plus get: Ad-free experience Daily actionable short-term strategies High-impact economic event…