Category: Forecast
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BoI leaves rate unchanged, again cuts growth forecast
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The Monetary Committee of the Bank of Israel announced that it kept the interest rate unchanged at 4.5%. This is the sixth time in a row that the Bank of Israel has left the interest rate unchanged, after reducing it from 4.75% in January. The Bank of Israel expects the…
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TSMC’s third-quarter revenue easily beats market forecast By Reuters
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TAIPEI (Reuters) – TSMC, the world’s largest contract chip maker, on Wednesday reported third-quarter revenue that easily beat market and the company’s own expectations as it reaped the benefit of demand for artificial intelligence. The Taiwan Semiconductor Manufacturing Company, whose clients include Apple (NASDAQ:) and Nvidia (NASDAQ:), has been at…
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Nasdaq 100 Forecast: Watch bear flag breakdown opportunity today
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Nasdaq Forecast: Key Levels to Watch as Bearish Flag Patterns the Nasdaq 100 (NDX) It is currently showing signs of a possible collapse from it Rising channelIt is a pattern usually associated with downward price movement. As traders and investors closely monitor this development, understanding the technical setup and market…
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Nasdaq 100 Forecast: Watch bear flag breakdown opportunity today
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Nasdaq Forecast: Key Levels to Watch as Bearish Flag Patterns the Nasdaq 100 (NDX) It is currently showing signs of a possible collapse from it Rising channelIt is a pattern usually associated with downward price movement. As traders and investors closely monitor this development, understanding the technical setup and market…
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Crude oil price forecast ?️?
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Crude Oil Price Forecast: Navigating the Next Moves ?️? Hello traders and investors! This is it Itai Levitanan experienced market analyst at ForexLive.com, tracks crude oil for you today as well as what I’m looking for. Let’s dive into the insights you need to make informed trading decisions. ? Recent…
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Nike withdraws annual revenue forecast, shares drop 6% By Reuters
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(Reuters) – Nike pulled its annual revenue forecast on Tuesday and missed quarterly revenue estimates as the sportswear giant battles weak demand for shoes amid intense competition from newer brands globally, sending its shares down 6% after hours. It had previously forecast a mid-range percentage decline in annual revenue. The…
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UBS forecast gold to USD2900
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UBS Gold Forecast from Note on Growing Conflict in the Middle East: The forecast for the end of 2024 is $2,750 By the fourth quarter of 2025 to US$2,900 Briefly from the note: We expect global markets to face turmoil from time to time, but we do not expect a…
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Citi shares its USD/JPY price forecast for 2025 By Investing.com
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Investing.com – Citi has updated its Q3 2020 outlook, providing insights into the pair’s medium- and long-term trajectory. The bank’s strategists assert that the recent decline in the yen’s value is largely driven by a backward-looking narrative linked to Japan’s digital account deficit. However, they point out that this narrative…
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Soars 40% As Experts Forecast Future Price Gains
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This article is also available in Spanish. The decentralized blockchain network Bittensor and its native token TAO have shown significant bullish momentum over the past month, consistently outperforming major cryptocurrencies like Bitcoin and Ethereum across all timeframes. Designed for decentralized finance (DeFi) applications, TAO has crossed the $400 mark, gaining…
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Morgan Stanley latest to cut oil demand growth forecast on China factors (NYSEARCA:USO)
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SlavkoSereda/iStock via Getty Images Crude oil futures settled higher on Friday but fell for the week as the market digested bullish U.S. inventory data and Federal Reserve Chairman Jerome Powell delivered his speech. Strongest signal yet The central bank will cut interest rates next month. Earlier this week, oil futures…
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JPMorgan cuts Israel’s 2024 growth forecast
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Following recent negative macroeconomic data, JPMorgan has lowered its forecast for Israel’s GDP growth in 2024 to just 1.4%, down from 1.6% in its previous forecast. Under the title “Israel: An Unlucky Mix of Growth and Inflation Data,” US investment bank JP Morgan released revised forecasts for the Israeli economy,…
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Telstra hits 6-month high on upbeat 2025 forecast By Reuters
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By John Pigou and Ayushmann Ojha (Reuters) – Australian telecoms major Telstra (OTC:) raised its earnings forecast for the 2025 financial year on Thursday, prompting investors to shrug off a 13% drop in annual profit and sending its shares to a six-month high. Telstra has raised the lower end of…
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Australia’s CBA beats annual profit forecast, extends shares rally By Reuters
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Written by Sameer Manikkar (Reuters) – Commonwealth Bank of Australia, the country’s largest lender, reported a smaller-than-expected fall in annual cash profit on Wednesday and announced its highest ever dividend, despite falling margins and rising mortgage overdue payments. Cash profits were A$9.84 billion (US$6.52 billion) for the year to June…
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Oil prices dip as OPEC cuts demand forecast, economic cues awaited By Investing.com
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Oil prices fell in Asian trading on Tuesday, reversing last week’s rally, as a series of economic signals this week raised caution, while OPEC also cut its forecast for demand growth in 2024. Prices rose sharply from their lowest levels in more than seven months as fears of an escalating…
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Kawasaki sets record Q1 profits, maintains annual forecast By Investing.com
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Kawasaki Heavy Industries, Ltd. (KHI), a leading Japanese manufacturer, reported record profits for the first quarter of the fiscal year ending March 31, 2025, during its earnings call. Despite challenges in some segments, the company saw an overall increase in revenue and profits, attributed to favorable exchange rates and strong…
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Weekend – Bank of America forecast no US recession, Fed rate cuts in September & December
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Bank of America CEO Brian Moynihan spoke about American TV Over the weekend. He warned the Federal Open Market Committee (FOMC): The Fed is in a position where it has to be careful not to slow down too much. He was referring to the planting of spending among consumers: Well,…
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Moderna cuts 2024 sales forecast, sees low EU vaccine revenue into 2026 By Reuters
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By Patrick Wingrove and Leroy Liu (Reuters) – Moderna Inc on Thursday cut its 2024 sales forecast for its COVID-19 and respiratory syncytial virus vaccines by about 25%, or $1 billion, due to lower COVID sales to the European Union that it expects to continue through 2026. Shares of the…
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Teva reports strong Q2 results, raises 2024 forecast
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Teva Pharmaceutical Industries Co., Ltd. (New York Stock Exchange: Tifa; level: Tifa) reported strong second-quarter 2024 results and revised its outlook upward again. The company reported second-quarter revenue of $4.2 billion, up 7% from the same quarter in 2023. GAAP net loss in the second quarter was $846 million ($0.75…
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Here’s a forecast for a 25bp RBA rate hike next week – citing inflation not falling
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ING Bank’s response to today’s inflation data from Australia: If you want a reason to keep rates unchanged at the August 6 meeting, today’s core numbers somewhat support the “let’s give the economy the benefit of the doubt” argument. The decision taken in August is certainly more balanced today than…
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Toncoin Price Forecast: 2024-2030 Insights And Trends
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The cryptocurrency market has seen its fair share of rising stars, and Toncoin has emerged as a notable player in this dynamic landscape. As a layer-1 blockchain project, Toncoin has attracted attention for its potential to reshape digital transactions and decentralized applications. The Toncoin price has become a topic of…