Category: Expectations
-
Mortgage rates drop for 3rd consecutive week on expectations of Fed rate cut
•
June. November 20, 2024 at 12:17 PM ETXHP, ETP, MPPSPMB, CCM, VMBS, CMBS, LMBS, NAIL, JMBS, HOMZ, MTGP, JHMB, OWNSby: mary christine joy, SA News Editor Donnell shoe Mortgage rates fell for the third straight week on market expectations of future Fed rate cuts, according to a Freddie Mac primary…
-
JP Morgan Says Solana ETF Expectations Is A Pipe Dream, Here’s Why
•
Analysts in JP Morganan American multinational investment banking firm, tempered rising expectations for Solana ETF. They cite the SEC’s recent enforcement actions on the cryptocurrency industry as a major impediment to creating a Solana ETF. Solana ETF hopes dashed by JPMorgan analysts JPMorgan remained skeptical about the potential approval of…
-
Aurobindo Pharma Outperforms Expectations with Strong Q4, Eyes Robust Growth Ahead By Investing.com
•
Aurobindo Pharma (NS:) outperformed expectations in 4QFY24, with both sales and EBITDA showing significant year-on-year growth. Sales rose 17%, while EBITDA rose an impressive 68%, beating Goldman Sachs (NYSE:) expectations and those of the broader market. This strong performance was driven by strong growth in key geographic markets, both developed…
-
Canadian dollar under pressure amid rate cut expectations By Investing.com
•
Inavesting.com – The Canadian dollar has underperformed compared to other pro-cyclical currencies since the beginning of May, dragged down by its correlation to US economic data and interest rate expectations from the Federal Reserve. Market analysts expect a 25 basis point interest rate cut by the Bank of Canada in…
-
UK Economy Surges Ahead as GDP Growth Outpaces Expectations
•
The UK economy is poised for accelerated growth this year, with analysts revising their GDP forecasts upwards following a strong first-quarter performance that saw GDP expand by 0.6%, representing the fastest growth in nearly three years. Investment banks and advisory firms in the city responded positively to the data, indicating…
-
Chicago Fed Pres. Goolsbee: Feds inflation target acts as an anchor on expectations
•
President of the Federal Reserve Bank of Chicago. Goolsbee speaks ahead of his moderated discussion with CNBC Liesman. The Fed’s inflation target is 2% after that as it is based on expectations Short-term inflation expectations are not what matters Unsurprisingly, the one-year forecast was higher At the moment there is…
-
US consumer sentiment at six-month low; inflation expectations rise By Reuters
•
Written by Lucia Mutikani WASHINGTON (Reuters) – U.S. consumer confidence fell to a six-month low in May as households worried about rising costs of living and unemployment, but economists cautioned against drawing conclusions about the implications for the economic outlook. The larger-than-expected decline in sentiment reported by the University of…
-
Matterport (NASDAQ:MTTR) Reports Q1 In Line With Expectations, To Be Acquired By Stock Story
•
Real estate-focused virtual reality platform Matterport (NASDAQ:) reported results in line with analyst expectations in the first quarter of fiscal 2024, with revenue rising 4.9% year over year to $39.87 million. It had a non-GAAP loss of $0.01 per share, improving from its loss of $0.07 per share in the…
-
Stronghold Digital Mining beats Q1 EBITDA expectations By Investing.com
•
In the first quarter of 2024, Stronghold Digital Mining (NASDAQ: SDIG) reported a significant beat on its EBITDA guidance, achieving nearly $9 million against the over $5 million that was forecasted. The company, which prides itself on being an environmentally beneficial and vertically integrated miner, highlighted its low cost of…
-
Forexlive Americas FX news wrap 3 May: US jobs report weaker than expectations this month.
•
US March employment data came in below expectations at 175K versus estimates of 243K. The prior month was revised higher to 315K from the previously reported 303K. The unemployment rate rose to 3.9% from 3.8%, while average hourly earnings reached 3.9% year over year, the lowest level since 2021. The…