Last week Tesla announced Q1 deliveries of 386,810, which missed Wall Street expectations of 454,200. The stock fell 6% as the market was concerned with Tesla’s high valuation of 29x operating income over the next 12 months (BYD is valued 5.8x the operati...
6 months agoThe US CPI that came in hotter than expected for the third consecutive month. In contrast to that, the ECB indicated a June rate cut as a possibility, therefore considerably widening the FED – ECB policy divergence. First quarter earnings season got under...
6 months agoVolatility ramped after Israel mounted a retaliation strike on Iran Thursday night (18th April). We also highlight development in currencies where conditions in Asia have moved closer to possible intervention. Finally, we summarise the latest for semicond...
5 months agoLast week saw markets pivot from geopolitical concerns to focusing on corporate earnings with updates from Tesla and Meta bringing the standout headlines while in FX markets the Japanese Yen continued it’s slide and has brought the prospect of BoJ interve...
5 months agoPlenty of action in markets this week – US tech names facing a reset, Yen has continued to gain, precious metals retreat from highs, robust treasury auctions, China reacts to stunted growth, and plenty of earnings to keep on top of too. Saxo clients have...
2 months agoEarnings Preview This week will feature earnings reports from Microsoft, Apple, Amazon, and Meta, potentially marking the most significant week of this earnings season. As of 29th July 2024, these four companies make up nearly 20% of the S&P 500 and 4...
2 months agoIn a week dominated with Central Bank meetings, there was also a bucket load of big-ticket earnings. Mixed results from Microsoft, Meta, Apple, Intel and Amazon spurred on volatility (VIX nearing year highs). Nvidia had 10% swings mid-week enticing client...
2 months agoThere is currently a sense of calm post Friday & Monday's shock sell-off. It's too early to be sure this is behind us and with uncertainty on the near-term market outlook, rising geopolitical tensions and US elections heating up, volatility may be her...
2 months agoGlobal stock markets stage a roaring comeback following a several positive points of economic data for the US economy. The US inflation report confirmed that prices are under control and the Fed can afford to cut interest rates soon. Meanwhile, the US con...
1 month agoCountdown to the most important earnings this season – Nvidia - Wednesday August 28th Nvidia's earnings will not only affect Nvidia's share price, but all technology stocks, as Nvidia's revenue and outlook for the future set the tone for the general grow...
1 month agoCountdown to the most important earnings this season – Nvidia - Wednesday August 28th Nvidia's earnings will not only affect Nvidia's share price, but all technology stocks, as Nvidia's revenue and outlook for the future set the tone for the general grow...
1 month agoThe market darling Nvidia was once again front of mind for investors this week and at almost 7% weighting of the S&P500, who are we to argue? More on their share price dip and earnings release below as well as other relevant results from PDD Holdings...
1 month agoWith markets looking for direction on the magnitude of forthcoming cuts by the Fed, US labor data took center stage this week. JOLTS data set the scene with a weakening picture of the labor market, followed by Non-Farm Payrolls, which also missed vs expec...
1 month agoThe US presidential debate seemed to give Kamala Harris an edge over Donald Trump in prediction markets, further adding to the election induced volatility which appears in part to have driven further JPY and Gold upside. US CPI came in mostly in-line with...
1 month ago