US retail giants Walmart and Home Deport update on margins and current consumer trends. Plus, Barclays, Antofagasta, and InterContinental report. (AI Video Summary) Upcoming RBA minutes In this video, Angeline Ong talks about the important events happ...
7 months agoPlus, Tesco, Delta along with Citi, JPMorgan Chase and Wells Fargo kick off the earnings season. Watch out for a written US banks earnings preview from IG’s Shaun Murison on IG.com. (AI Video Summary) Overview for the week ahead This week's economic h...
6 months agoThe Bank of Canada and Reserve Bank of New Zealand are widely expected to keep rates unchanged. Plus, Tesco and Delta Air Lines report earnings. (AI Video Summary) Investors await US inflation report In today's "Look ahead" to Wednesday, 9 April, Ange...
6 months agoUS equity markets gained this week as stronger-than-expected corporate earnings from Tesla, Microsoft, and Alphabet helped offset weaker-than-expected Q1 2024 US GDP and firmer-than-expected inflation data. In a holiday-shortened week, the ASX 200 g...
5 months agoAI's earnings impact: what to Expect from Amazon, Apple, and AMD Last week, the US equity markets rebounded following robust earnings reports from Megatech companies, including Google parent Alphabet and Microsoft. These reports confirmed that the impact...
5 months agoWorrying data persists, yields remain high, but earnings from big tech impress There was quite a bit to digest from the US towards the end of last week, with stagflationary concerns on the rise. This came in light of the advance GDP (Gross Domestic Produc...
5 months agoInvestors prepare for another pause on rates Investors are anticipating that the Federal Open Market Committee (FOMC) will maintain its current federal funds interest rate target at its upcoming meeting that concludes on May 1. The Federal Reserve (Fed) h...
5 months agoDovish FOMC stirs hopes for rate cut amid weaker data Plenty of data came out of the US last Friday, with the focus primarily on its labour market, where: Non-Farm Payrolls for April saw growth of 175K, finally experiencing a clear miss from mostly 200K+...
5 months agoUS indices mixed as ASX 200 ends winning streak It was a mixed week for US equity indices. While the tech-heavy Nasdaq 100 extended its fall after underwhelming earnings reports from mega-tech names Tesla and Alphabet, the small-cap Russell 2000 managed t...
2 months agoWhat to expect at this week’s meeting The Federal Open Market Committee (FOMC) is widely expected to keep interest rates unchanged at 5.25 - 5.50% at its July meeting. This would mark the eighth consecutive meeting without a rate change and a full yea...
2 months agoAsia Open The Asian session looks set for a weak start, with Nikkei -1.14%, ASX +0.26% and KOSPI -0.15%. This follows after a mixed handover in Wall Street, which saw further unwinding in big tech as sky-high earnings expectations are met with some doubts...
2 months agoRound-up Further unwinding in big tech is the takeaway from Wall Street overnight, as sky-high earnings expectations are now put to the test with a series of tech heavyweight results up ahead. Microsoft’s after-market earnings provided an example of how s...
2 months agoEquity markets rally: Global strength helps ASX 200 recover US equity markets rebounded this week as stronger-than-expected initial claims and retail sales data eased fears of a recession. Locally, the ASX 200 rebounded to reclaim all of last week's losse...
2 months agoMarket rally supported by positive economic data US equity markets extended their gains on Friday, wrapping up a week marked by economic data that helped calm the market jitters seen earlier in August. Traders welcomed softer inflation figures, solid reta...
1 month ago