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Amazon's 3q margins plus ai have analysts rock'n to retro tune

Amazon.com Inc (NASDAQ:AMZN)'s big third quarter beat on its bottom line had many Wall Street analysts singing the company's praises on Friday, with c...

October 27, 2023, 3:46 pm

U.s. consumer spending grows, despite a slowdown in income in september

Personal income grew 0.3% month-on-month (m/m) in September, a deceleration from August’s 0.4% and ju...

October 27, 2023, 2:20 pm

Aws strength, growing ad revenue and prime day sales bolster amazon's q3 results

Amazon (AMZN) outpaced analysts' forecasts for profit and revenue growth in the third quarter as Amazon Web Services (AWS) revenue climbed following a...

October 26, 2023, 5:50 pm

Ecb to finally pause, eur/usd looking soft

Today, ECB is broadly anticipated to maintain its main refinancing rate at 4.50% and the deposit rate at 4.00%. Having increased rates consistently du...

October 26, 2023, 2:40 am

Boc to hold, with hawkish untone?

BoC rate decision is today’s market highlight, as the consensus veers towards maintaining interest rate at 5.00%. The potential for a rate hike has ...

October 25, 2023, 2:07 am

Aussie soars on anticipated rba nov hike; gbp/aud targets 1.8854 support

Australian Dollar experienced a notable surge following the release of higher-than-anticipated consumer inflation figures. The data illustrates an acc...

October 25, 2023, 1:37 am

China’s q3 gdp growth beats expectations; imf cautions on future prospects

China’s economy exhibited resilience in Q3, with GDP growing at 4.9% yoy, outpacing anticipated 4.5% yoy increase. However, this growth rate reflect...

October 18, 2023, 2:59 am

Gbp/usd dips below 1.2200 amid uk wage deceleration, strong us retail sales

The Pound Sterling (GBP) remains on the defensive vs. the US Dollar (USD) after data from the United Kingdom showed wages are decelerating. That and a...

October 17, 2023, 7:44 pm

Canada’s inflation cools more than expected in sep

In September, Canada’s CPI deceleration surpassed expectations. The annual inflation rate receded to ...

October 17, 2023, 12:42 pm

Canada september cpi 3.8% versus 4.0% expected

Prior month 4.0%CPI MoM -0.1% versus 0.1% expectedPrior MoM 0.4%Core measures:BOC core YoY 2.8% versus 3.3% last monthBOC core MoM -0.1% versus 0.1% l...

October 17, 2023, 12:30 pm

New zealand cpi slowed to 5.6% yoy in q3, dimming prospects of rbnz hike

New Zealand’s CPI recorded a decline in its annual inflation rate, dropping from 6.0% yoy to 5.6% yoy in Q3. This figure not only fell short of the ...

October 17, 2023, 1:46 am

Zoom - upgrading: post-pandemic bleeding stabilized

We're upgrading Zoom Video Communications to a hold. We now believe the post-pandemic bleeding has stabilized, but we don't see enough near-term recov...

October 13, 2023, 2:29 pm

Us: core inflation continues to drift lower, giving policymakers enough breathing room to remain on pause at november meeting

Core inflation continues to drift lower, giving policymakers enough breathing room to remain on pause at November meeting The Consumer Price Index (CP...

October 12, 2023, 1:36 pm

Aud/usd edges lower, confidence data next

Australian consumer confidence expected to decline by 0.7% Australian business confidence projected to fall to -2 The Australian dollar lost ground ea...

October 9, 2023, 4:32 pm

Boot barn: a solid buy-the-dip candidate

Boot Barn has seen impressive share price performance over the past year, massively outperforming its peers in the retail sector. And while the compan...

October 7, 2023, 10:11 pm

Beijing’s stabilization efforts tested as caixin pmis highlight growing economic challenges

China’s Caixin PMI Manufacturing registered a modest dip in September, dropping to 50.6 from previous 51.0. This reveals a ...

October 1, 2023, 12:25 pm

Swiss kof dips to 95.9, cooling economy for end of the year

Swiss KOF Economic Barometer registered a drop in September, moving from 96.2 to 95.9. Although this decline was milder than the anticipated fall to 9...

September 29, 2023, 7:34 am

Dollar losing some momentum amidst government shutdown concerns

Dollar, although retaining its strength, is witnessing mild deceleration in upside momentum as US sessi...

September 26, 2023, 12:39 pm

Bank of england preview - headline inflation lowest in 18 months makes rate hike 50/50

I posted earlier on the Bank of England Monetary Policy Committee decision coming up today, with JP Morgan saying a rate hike is a coin toss:Lower tha...

September 21, 2023, 1:51 am

Uk cpi slowed to 6.7%, boe’s hike tomorrow could be the last

Sterling is facing headwinds after release of UK’s CPI inflation data, which came in lower than market forecasts. This development strengthens the s...

September 20, 2023, 6:51 am


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