Category: estimate
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Bybit CEO Says Crypto Liquidations Estimate Likely Over $2B
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During the weekend, the encryption market witnessed its largest correction for months, and according to what was fueled by the new American definitions in Canada, Mexico and China. The market closed the first two days of February in red, with 21 % restoration of Friday levels. The news also sparked…
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US initial jobless claims 258K vs 230K estimate
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The previous week 225 thousand Initial jobless claims are 258,000 vs. 230,000 estimated The four-week moving average of initial jobless claims was 231K vs. 224.25K The previous week’s continuing claims of 1.826 million were revised to 1.819 million Continuing claims 1.861 million vs. 1.830 million estimate 4-week moving average for…
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PBOC is expected to set the USD/CNY reference rate at 7.0734 – Reuters estimate
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The People’s Bank of China is scheduled to release the USD/CNY reference exchange rate at approximately 0115 GMT. The People’s Bank of China (PBOC), China’s central bank, is responsible for setting the daily midpoint of the yuan (also known as the renminbi or renminbi). The People’s Bank of China follows…
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PBOC is expected to set the USD/CNY reference rate at 7.1198 – Reuters estimate
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The People’s Bank of China is scheduled to set the exchange rate of the US dollar against the Chinese yuan at around 0115 GMT. The People’s Bank of China, the central bank of China, is responsible for setting the daily midpoint of the yuan (also known as the renminbi or…
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US international trade balance for July $-78.8 billion versus – $-79.0 billion estimate
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Previous month -$73.1 billion revised to -$73.0 billion Goods trade balance -$102.84 billion vs -$96.56 billion Services surplus $24.3 billion vs. $24.2 billion last month Other details: Exports +0.5% vs. +1.7% last month. Imports rose by +2.1% compared to +0.6% in the previous month. Total exports amounted to $266.6 billion…
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US international trade balance for July $-78.8 billion versus – $-79.0 billion estimate
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Previous month -$73.1 billion revised to -$73.0 billion Goods trade balance -$102.84 billion vs -$96.56 billion Services surplus $24.3 billion vs. $24.2 billion last month Other details: Exports +0.5% vs. +1.7% last month. Imports rose by +2.1% compared to +0.6% in the previous month. Total exports amounted to $266.6 billion…
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ICYMI – Goldman Sachs raised their Q3 US GDP estimate to 2.7% (q/q annualized), from 2.5%
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High Risk Warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage also creates additional risks and exposure to loss. Before deciding to trade foreign exchange, carefully consider your investment objectives, level of experience, and risk tolerance. You may lose some…
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Nvidia Will Beat Wall Street’s Earnings Estimate by 10% or More on Wednesday
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AI Giant Nvidia (NASDAQ: NVDA) Saudi Telecom Company (SABIC) is scheduled to announce its results for the second quarter of fiscal year 2025 (ending July 28, 2024) on Wednesday, August 28, after market close. Nvidia’s upcoming earnings release is widely seen as the most anticipated of this quarterly earnings season,…
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PBOC is expected to set the USD/CNY reference rate at 7.1226 – Reuters estimate
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The People’s Bank of China is scheduled to set the exchange rate of the US dollar against the Chinese yuan at around 0115 GMT. The People’s Bank of China, the central bank of China, is responsible for setting the daily midpoint of the yuan (also known as the renminbi or…
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PBOC is expected to set the USD/CNY reference rate at 7.1317 – Reuters estimate
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The People’s Bank of China is scheduled to set the exchange rate of the US dollar against the Chinese yuan at around 0115 GMT. The People’s Bank of China (PBOC), China’s central bank, is responsible for setting the daily midpoint of the yuan (also known as the renminbi or RMB).…
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PBOC is expected to set the USD/CNY reference rate at 7.1548 – Reuters estimate
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The People’s Bank of China is scheduled to set the exchange rate of the US dollar against the Chinese yuan at around 0115 GMT. The People’s Bank of China (PBOC), China’s central bank, is responsible for setting the daily midpoint of the yuan (also known as the renminbi or RMB).…
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US federal budget deficit for July -$244.00 billion versus -$242.00 billion estimate
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US budget deficit in July: $244 billion, up 10% from a year earlier. The revised deficit would be $45 billion lower due to calendar differences. The deficit increase was mainly due to lower spending on benefits in July. Receipts and Expenses July revenue: $330 billion, up 20% year-over-year; adjusted increase:…
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PBOC is expected to set the USD/CNY reference rate at 7.1690 – Reuters estimate
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The People’s Bank of China is scheduled to set the exchange rate of the US dollar against the Chinese yuan at around 0115 GMT. The People’s Bank of China, the central bank of China, is responsible for setting the daily midpoint of the yuan (also known as the renminbi or…
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The Atlanta Fed GDPNow growth estimate for Q3 falls to 2.5% from 2.8%
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High Risk Warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage also creates additional risks and exposure to loss. Before deciding to trade foreign exchange, carefully consider your investment objectives, level of experience, and risk tolerance. You may lose some…
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PBOC is expected to set the USD/CNY reference rate at 7.2167 – Reuters estimate
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The People’s Bank of China is scheduled to set the exchange rate of the US dollar against the Chinese yuan at around 0115 GMT. The People’s Bank of China, the central bank of China, is responsible for setting the daily midpoint of the yuan (also known as the renminbi or…
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Canada May GDP MoM 0.2% vs 0.1% estimate
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Previous month 0.3% May GDP 0.2% vs. 0.1% estimate. Advanced GDP released with April report was 0.1% GDP rose 0.1% in June. Construction, real estate, leasing, finance and insurance sectors also rose, while manufacturing and wholesale trade declined. Service-producing industries 0.1% Good productive industries 0.4% A total of 15 out…
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PBOC is expected to set the USD/CNY reference rate at 7.2586 – Reuters estimate
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The People’s Bank of China is scheduled to set the exchange rate of the US dollar against the Chinese yuan at around 0115 GMT. The People’s Bank of China, the central bank of China, is responsible for setting the daily midpoint of the yuan (also known as the renminbi or…
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US Core PCE YoY for June 2.6% versus 2.5% estimate
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Core Personal Spending Index in the previous month 2.6% Core CPI on a monthly basis was 0.2% vs. 0.1% estimate. The unrounded index was lower than the 0.2% increase at 0.188% Baseline PCE in urine last year 2.6% vs. 2.5% estimated. Last month 2.6% The monthly CPI was 0.1% vs.…
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University of Michigan consumer sentiment for July 66.4 versus 66.0 estimate (and prelim)
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Previous month 68.2 Current status 62.7 vs. 64.1 initially and 65.9 last month. Expectations: 68.8 vs. 67.2 initially and 69.6 last month One-year inflation expectations: 2.9% vs. 2.9% initially and 3.0% last month. 5-year inflation forecast 3.0% vs. 2.9% initially and 3.0% last month Mix of details compared to the…
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Atlanta Fed GDPNow growth estimate for 2Q comes in at 2.6% vs 2.7% previously
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Atlanta’s GDP growth estimate for the second quarter is now 2.6% versus 2.7% previously. This will be the last modeled report for the second quarter. At 8:30 a.m., advanced GDP will be released. Economists’ survey estimates a lower figure of 2.0%. In their own words: The GDPNow model estimate for…