US Market

Facebook-parent Meta reports its latest quarterly results on Wednesday April 26, after a strong start to the year, as it tries to turn things from the hardships of 2022

The tech-heavy index is constrained after last month’s march, with this week’s earning by Netflix & Tesla not helping, as markets contemplate sticky inflation, hawkish Fed and prospects of economic slowdown

Watch today’s US Open for commentary on the quarterly results by Netflix and Tesla, the higher than expected UK inflation, its deceleration in New Zealand and more

Given the size of its contribution to GDP, monitoring the health of consumption is important. By and large there are worrying signs. Total vehicle sales and underemployment are showing fragility in terms of their momentum and chain store sales are negative. The existing homes sales series has bounced somewhat but is yet to pass the threshold implying an underlying positive momentum. Consumer sentiment has turned positive but there is a…

Watch today’s US Open for commentary on the strong economic data from China, the elevated wage figures from the UK, the upcoming earnings from Netflix and Tesla and more

The US index is in consolidation mode, as market digest strong Chinese data, Fed tightening prospects and a strong start to the earnings season by big banks, now turning to tech giants Netflix and Tesla

Tesla is set to release its first-quarter earnings on Wednesday, with investors interested in the impact of recent price cuts on margins and demand for the company's electric vehicles. Analysts predict adjusted earnings of 86 cents a share and sales of $23.8 billion for the quarter.

In March, retail sales decreased by 1%, surpassing economists' predictions for a 0.4% decline. This suggests that consumers are feeling the impact of a more challenging economic climate. There was a decline in purchases of big-ticket items such as motor vehicles. This suggests that higher interest rates are causing the economy to lose momentum at the end of the first quarter. The previous month's data was revised, indicating that retail…

JPMorgan chase, Wells Fargo, and Citigroup beat Q1 estimates.

Watch today’s US Open for insights on the soft US CPI headline inflation that sends EUR/USD higher, Fed minutes which showed the projection of a recession, the new earnings season that gets underway and more

The index had a volatile Wednesday as markets digested the CPI report, ending the day lower after the Fed minutes showed that the bank’s staff expects recession this year