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Sunset market commentary
Markets: UK july inflation numbers grabbed most attention this morning. Headline CPI fell slightly less...
August 16, 2023, 2:40 pm
Gbp/usd pushes higher as inflation drops to 6.8%
UK inflation drops but core rate remains steady US dollar gets lift from strong retail sales The British pound has posted considerable gains on Wednes...
August 16, 2023, 2:30 pm
Gold prices fall to session lows as the federal reserve minutes signals it might not be done raising interest rates
(Kitco News) - Gold prices have fallen to fresh session lows as the Federal Reserve appears to maintain its hawkish bias, leaving its options for anot...
August 16, 2023, 2:11 pm
Mufg: gbp positioning strategy after uk's inflation data surprise
Following the unexpected surge in the UK's july CPI data as released by the ONS, MUFG offers insights o...
August 16, 2023, 2:08 pm
‘barbie' becomes warner bros.' highest-grossing domestic release
‘Barbie' has earned $537.4 million domestically since its mid july release, according to Warner Bros....
August 16, 2023, 1:32 pm
Riot platforms stock price could slip by 20% as btc double tops
Riot Platforms (NASDAQ: RIOT) stock price continued its downward trend as Bitcoin formed a dangerous pattern. The shares plunged to a low of $13 on We...
August 16, 2023, 1:26 pm
Dollar gears up as eyes turn to fomc minutes; sterling staying firm
In early US trading sessions, Dollar is showing signs of regaining momentum as market participants eagerly anticipate the release of FOMC minutes from...
August 16, 2023, 1:22 pm
Schwab's (schw) july net new assets fall amid tda integration
Schwab's (SCHW) july 2023 core net new assets decline. The main reason for lower new asset flows is the...
August 16, 2023, 1:14 pm
Us july housing starts 1.452m vs 1.448m expected
Prior was 1.434m (revised to 1.398m)Starts +3.9% vs -11.7% priorBuilding permits 1.442m vs 1.463m expectedPermits +0.1% vs -3.7% priorUS home prices h...
August 16, 2023, 12:30 pm
Progressive stock is s&p 500's best performer. here's why.
The insurance company says it made strides in net premiums written and net premiums earned in July....
August 16, 2023, 12:28 pm
Canada july housing starts 255k vs 240k expected
Prior was 281.4K (revised to 283.5K)Multi-urban starts -12% m/mSingle-detached starts -4% m/mThe drop this month comes after a very strong month in Ju...
August 16, 2023, 12:17 pm
Amazon trades muted ahead of fed minutes, holding channel pattern: the bull, bear case for the e-commerce giant - amazon.com (nasdaq:amzn)
Amazon.com, Inc AMZN was trading flat on Wednesday, in tandem with the S&P 500, as traders and investors await the release of the Federal Reserve's ...
August 16, 2023, 12:02 pm
Usd/cad forecast: bulls retained at 1.35, focus on fomc
The Commerce Department reported a significant 0.7% surge in U.S. retail sales. Canada’s yearly inflation rate surged beyond expectations to 3.3% in...
August 16, 2023, 11:19 am
Compared to estimates, tjx (tjx) q2 earnings: a look at key metrics
While the top- and bottom-line numbers for TJX (TJX) give a sense of how the business performed in the quarter ended ...
August 16, 2023, 10:59 am
Target (tgt) reports q2 earnings: what key metrics have to say
Although the revenue and EPS for Target (TGT) give a sense of how its business performed in the quarter ended ...
August 16, 2023, 10:59 am
5 best retail stocks to buy on robust july sales
Retail sales are rebounding which is helping stocks like The Gap, Inc. (GPS), The TJX Companies, Inc. (TJX), Ross Stores, Inc. (ROST), Urban Outfitter...
August 16, 2023, 10:14 am
Gbp/usd outlook: sterling rises after inflation data and generates initial reversal signal
Fresh strength generates fresh signals of possible reversal after the bear-leg from 1.3141 (2023 high, posted on ...
August 16, 2023, 10:14 am
Market analysis: e-mini s&p 500 price drops to lowest in a month
Yesterday, the S&P 500 fell below the 4,440 level — the last time the price of the S&P 500 was this much was on ...
August 16, 2023, 10:10 am
Fisker moves to charge ahead in ev race
Fisker began the ramp-up of Ocean SUV production in july after the end of its recent fiscal 2023 second...
August 16, 2023, 9:51 am
The 3 best solar stocks to buy in august
It has been an ugly summer for many solar stocks, as high U.S. interest rates dealt a considerable blow to the U.S. residential solar market, excludin...
August 16, 2023, 9:44 am