Home Depot says it will buy SRS Distribution in an $18.25 billion deal including debt. Gold heads for best month in more than one year. (AI Video Summary) PCE and Q1 gains In this video, host Angeline Ong welcomes viewers to "Beat the street", which p...
6 months ago(AI Video Summary) The impact of the NFP report due this Friday The upcoming non-farm payroll (NFP) report this Friday is going to have a big influence on the market. If the data shows a higher number than expected, it could change people's expectations a...
6 months agoBrent and WTI hits their highest levels since October. We find out what the next technical levels are for oil with IG’s Shaun Murison. (AI Video Summary) Today's trading overview In this latest episode of "Beat the street", the focus was on the unexpecte...
6 months ago(AI Video Summary) How to trade US banks earnings US banks including Citigroup, JPMorgan Chase, and Wells Fargo, are about to report their earnings, potentially impacting their stock value. Key areas of interest include the health of the commercial real e...
6 months agoThe US earnings season is just around the corner with Citigroup, Wells Fargo and JPMorgan Chase & Co set to report. Plus, are airlines set to struggle to keep up with summer demand amid a lack of planes? (AI Video Summary) US earnings season close...
6 months agoWind Shift Capital’s CEO and Shard strategist Bill Blain explains why this is a new era of normalising interest rates and how investors should be positioned for this new cycle. (AI Video Summary) A shift towards normalised interest rates? Angeline Ong...
6 months agoTematica CIO Chris Versace says he thinks the Fed can sit and wait on rates for now, without having to cut until the risk of rising inflation has truly eased. (AI Video Summary) Discussing hotter-than-expected US CPI number In this interview, Chris Ve...
6 months agoJPMorgan interest income falls short. Wells Fargo reports better-than-expected Q1 profit. Citigroup’s profit drops as costs rise. (AI Video Summary) US banks earnings season kicks off In today's edition of "Beat the street," IGTV financial analysts An...
6 months agoAsia Open Markets across the region were locked in a risk-off mode to start the new week, with Nikkei -1.51%, ASX -0.50% and KOSPI -1.10% at the time of writing. At a time when market participants were still trying to wrap their heads around how far Feder...
6 months agoAPAC indices APAC indices were down for a second day, following the tracks of US equity markets, as rising tensions in the Middle East drove traders to seek out safety. The VIX hit its highest level since October last year. The US dollar The USD has been...
6 months agoPlus, UnitedHealth Q1 profit beats estimates. Jeremy Naylor looks at IG’s bespoke sentiment data to see how clients are positioned. IGTV’s Angeline Ong previews United Airlines results. (AI Video Summary) Bank of America’s Q1 profit decline In today's...
6 months agoSlowdown in earnings expected The UK's biggest high street banks are set to report lower profits for the first quarter (Q1) of 2024, after a bumper 2023 which saw earnings peak as borrowing costs soared. Lloyds, Barclays and NatWest will be updating...
5 months agoPlus, the energy reporting diary on Friday is dominated by Chevron, ExxonMobil and TotalEnergies. (AI Video Summary) UK consumer confidence data and BOJ interest rate decision Angeline Ong previews the financial outlook for Friday, 26 April, highlight...
5 months agoThe Bank of Japan As expected, the Bank of Japan kept interest rates unchanged. The short-term interest rate target remains in the range of 0-0.1%. The vote was unanimous. The bank also issued fresh estimates, projecting inflation to stay near its 2% targ...
5 months ago