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Gbpusd consolidates near october lows

GBPUSD stuck in a range after steep decline pauses Creates a pennant pattern, hinting at potential brea...

October 31, 2023, 9:16 am

Italy q3 preliminary gdp 0.0% vs +0.1% q/q expected

Prior -0.4%The Italian economy stagnated in Q3 and narrowly escapes a recession, as the reading above is weaker than estimated. There was no specific ...

October 31, 2023, 9:04 am

Bp q3 earnings miss estimates, revenues fall year over year

BP's Q3 earnings get impacted by lower realizations of commodity prices and a decline in refinery throu...

October 31, 2023, 9:01 am

Nzd/usd moves below 0.5850 as greenback rebounds, awaits fed decision

NZD/USD retraces recent gains ahead of Fed policy rate decision. China’s NBS PMI data shows a contraction in economic trends; which could affect the...

October 31, 2023, 8:29 am

Caterpillar falls after pointing to margin decline in fourth quarter

Caterpillar Inc shares fell 3.9% despite reporting improved revenue and earnings in the third quarter,as it forecast a drop in margins in the fourth q...

October 31, 2023, 7:44 am

Germany september retail sales -0.8% vs +0.5% m/m expected

Prior -1.2%It seems like you can always count on German retail sales to disappoint estimates these days. It is once again another monthly ...

October 31, 2023, 7:00 am

Are tesla's best days behind it? if so, here's what investors can expect.

Tesla's gross margins have consistently declined since Q2 2022. There are a number of reasons for decli...

October 31, 2023, 6:50 am

Gold demand down with lower central bank buying in q3, wgc says

Global gold demand excluding over-the-counter (OTC) trading slipped 6% in the third quarter as central bank buying fell short of last year’s record ...

October 31, 2023, 6:44 am

Gbp/usd daily outlook

Daily Pivots: (S1) 1.2098; (P) 1.2130; (R1) 1.2155; More Intraday bias in GBP/USD remains neutral at this point, as sideway trading continues. With 1....

October 31, 2023, 6:41 am

Revisiting the classic 60/40 portfolio as challenges loom

In mid-2020, the 60/40 worked as well as it was supposed to. Investors who held on through the early Covid market ...

October 31, 2023, 6:16 am

Boj’s language shift puts yen on defensive; eurozone and canadian data next

Japanese Yen experienced a sharp decline following BoJ’s’s (BoJ) subtle adjustment in its language ...

October 31, 2023, 5:25 am

2 reasons why now is not the time to buy tesla stock

Tesla reported a decline in sales volume in the latest quarter. The macroeconomic environment turned...

October 31, 2023, 5:20 am

Bp sees £4bn wiped from its value after q3 earnings miss

BP PLC (LSE:BP.) reported a substantial decline in profits for the third quarter, falling short of anal...

October 31, 2023, 4:37 am

Gbp/usd recovery could face hurdles, oil price dips

Key Highlights GBP/USD is struggling to recover above the 1.2180 resistance zone. A major bearish trend line is forming with resistance near 1.2235 on...

October 31, 2023, 2:39 am

Japan’s industrial output lags behind expectations; retail sales see mixed results

Japan’s industrial production in September posted subdued growth, clocking in at only 0.2% mom, significantly below the anticipated rise of 2.5% mom...

October 31, 2023, 1:57 am

Australia data - anz roy morgan weekly consumer confidence 75.0 (prior 78.2)

Weekly consumer sentiment survey shunts 3.5 point lowerlowest since early August 2023has now spent 39 straight weeks below the mark of 85 – equallin...

October 30, 2023, 10:51 pm

Usd: dollar enthusiasm may have peaked (bloomberg’s mliv survey)

The Bloomberg’s MLIV Pulse survey results from October 23-27th (528 respondents including me) October MLIV Pulse saw dollar enthusiasm eased from th...

October 30, 2023, 7:59 pm

S&p 500 stretches to the best levels of the day

The S&P 500 has declined just twice in the past 18 Mondays.The bidding has been powerful today, initial...

October 30, 2023, 7:32 pm

How changes to monetary policy might impact gold’s price

Frequently, when rates increase, gold generally increases in value, and when the Fed reduces rates, the price of gold tends to stagnate or ...

October 30, 2023, 5:29 pm

Tesla shares close below us$200 on ev demand slowdown fears

Tesla Inc (NASDAQ:TSLA) shares dropped 4.8% and closed below US$200 for the first time in five months as investors' concerns around a global slowdown ...

October 30, 2023, 5:01 pm


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