US Open– 18 April 2023 (Video)
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
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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
Watch today’s US Open for commentary on the recent poor US jobs data ahead of Friday’s NFPs, the 50 bps rate hike by the Reserve bank of New Zealand and more
After a strong start to the week, the index came under pressure as a series of poor jobs data sparked fresh fears of economic slowdown, with markets now turning to the upcoming NFPs
Take a look at some corporations that will be on our focus over the coming months, as the second quarter and the new earnings season get underway against a highly uncertain backdrop, due to the recent banking turmoil
Watch today’s US Open for commentary on OPEC’s surprise oil production cuts that sent prices higher, the pause in the tightening cycle by the Reserve Bank of Australia and more
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