Author: FX
This is coming up at 9am China time:ICYMI – China press conference Wednesday – PBOC, securities regulator, financial regulator0100 GMT and 2100 US Eastern time (Tuesday evening)A PBOC representative was expected, but I’m surprised it’s the chief. I’ll have pertinent headlines if and as they come. Pan Gongsheng is People’s Bank of China governor This article was written by Eamonn Sheridan at www.forexlive.com. Source link
Amentum Holdings Non-GAAP EPS of $0.53 beats by $0.06, revenue of $3.49B beats by $60M Source link
Cricut Q1 2025 slides: Revenue dips 3% while profits surge 22%, new products unveiled Source link
Following a joint press conference between Canadian Prime Minister Mark Carney and United States (US) President Donald Trump, Canadian PM Carney followed up with a press conference of his own, adding some much-needed clarity to the discussions that have begun between Canada and the US about trade status between the two countries.Key highlightsThe talks were very constructive.Trump and I agreed to have discussions in the coming weeks and we’re meeting at the G7.I was clear with Trump that Canada will never be for sale.I think we established a good basis today.There were no decisions on tariffs today. It’s a very…
Crude oil futures are settling at $59.09. That’s up $1.96 or 3.43%.On the hourly chart, today’s rally stalled at $59.79—just shy of the falling 200-hour moving average at $60.01 and the 50% retracement of the April 23 to May 4 decline at $60.08. A break above both those levels is needed to strengthen the bullish bias.On the downside, the price is hovering near the broken 38.2% retracement at $58.96. A move back below that level would open the door for further downside probing, with the 100-hour moving average at $58.06 as the next target for sellers. Later this year, ForexLive.com…
USD/CHF trades weaker in a quiet session as US Dollar sentiment deteriorates ahead of the FOMC and amid TWD-induced spillover pressure across Asian FX.US economic data remain firm, but Switzerland’s soft inflation and the SNB’s dovish bias are increasing market expectations for negative rates.Technicals point to continued downside for USD/CHF, with support seen below 0.9050 and trend signals leaning bearish.USD/CHF is under pressure on Tuesday, with the pair slipping lower amid continued softness in the broader US Dollar (USD). The pair is trading in the lower band of its recent range as global markets weigh the implications of Monday’s extraordinary…
Frazer Harrison/Getty Images EntertainmentLions Gate Entertainment (NYSE:LGF.A) (NYSE:LGF.B) fully splits its studio and premium TV businesses into two stand-alone publicly traded companies Tuesday, after receiving final court approval on the long-running plan. The result will be creating a pure-play mini-major motion picture and Source link
USDCAD technicalsThe USDCAD continues to grind lower, posting a series of lower lows over the last 13 days, but downside momentum remains limited. The pair has been largely contained within a broad consolidation range, with the lower boundary near 1.3759 and resistance capped near 1.3904.More recent attempts by buyers to push the price above the 200-hour moving average (green line currently near 1.38346) have failed, reinforcing that moving average—as well as the nearby 100-hour MA at 1.38148—as interim resistance. The inability to break these levels over the last few days, signals that buyers are still lacking conviction.Overhead (on a break…
The Pound Sterling shows strength ahead of key central bank decisions this week.The BoE is set to lower rates on Thursday, with market participants expecting the central bank to guide an acceleration in policy-easing and lower GDP growth prospects.The Fed is almost certain to keep interest rates steady on Wednesday.The Pound Sterling (GBP) surges to near 1.3390 against the US Dollar (USD) during North American trading hours on Tuesday. The GBP/USD pair strengthens as the US Dollar declines, while investors await the monetary policy decision from the Federal Reserve (Fed), which will be announced on Wednesday. The US Dollar Index…
Bioventus press release (NASDAQ:BVS): Q1 Non-GAAP EPS of $0.08 beats by $0.06. Revenue of $123.88M (-4.3% Y/Y) beats by $1.17M. Q1 reported revenue of $123.9 million declined 4.3%; Organic revenue advanced 5.0% 2025 Financial Guidance: Net sales of $560 million to $570 Source link