Category: forecasts

  • Waller Q&A: Forecasts could be wrong, must be nimble as data comes in

    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…

  • Wolfspeed forecasts weak first-quarter revenue on manufacturing issues

    (Reuters) – Wolfspeed Corp on Wednesday forecast lower-than-expected first-quarter revenue, anticipating manufacturing issues that could impact its production capacity amid slowing sales of electric vehicles. However, shares of the chipmaker rose about 6% in extended trading, as CEO Greg Lowe said the company continues to see strong growth from its…

  • Plus500 reports strong Q2, forecasts above expectations By Investing.com

    Shares of Plus500 (LON:) rose today after the company posted a bullish outlook for its full-year results, suggesting it expects to beat market expectations. At 4:22 a.m. (0822 GMT), Plus500 shares were up 4.4% at £2,538. “Expectations are up again, which suggests a strong management team with high confidence in…

  • JPMorgn adjusts its dollar forecasts, particularly through USD/JPY By Investing.com

    Investing.com – Foreign exchange markets have seen a lot of volatility over the past few weeks, leading JPMorgan to revise its dollar forecast. July and August will go down as some of the most memorable episodes of economic and political volatility in recent history, analysts at JPMorgan Chase said in…

  • CIBC tweaks rate cut forecasts, sees earlier easing from Fed and Bank of Canada

    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…

  • NZD traders – Westpac forecasts the RBNZ to cut by 25bps in October and November 2024

    Reserve Bank of New Zealand forecast from Westpac Bank in New Zealand. Westpac revises RBNZ rate cut forecast, now sees easing in October, November Westpac now expects the Reserve Bank of New Zealand to cut the official cash rate by 25 basis points to 5.25% in October. The official interest…

  • Citigroup forecasts 50 basis point cuts in September and November

    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…

  • What are the distribution of forecasts for the US NFP?

    Why is it important? In the Asian session, Eamonn published the range of estimates for today’s US non-farm payrolls report. These ranges are important in terms of market reaction because when actual data deviates from expectations, it creates a surprise effect. Another important input into market reaction is the spread…

  • Clorox forecasts annual profit above estimates, beats fourth-quarter profit on lower input costs By Reuters

    (Reuters) – Bleach maker Clorox Co forecast annual profit to beat estimates after beating fourth-quarter earnings on Thursday, helped by back-to-back price increases in home care products and reduced input costs that improved margins. Demand for the company’s cleaning products such as floor cleaners and disinfectant sprays improved as consumers…

  • Heineken’s shares slide as first-half results miss forecasts By Reuters

    LONDON (Reuters) – A Dutch brewing company Heineken Aramex (AS:) reported a 12.5% ​​rise in operating profit in the first half of the year after the expected boost from sporting events in June and July failed to materialize, missing analysts’ estimates and sending its shares down 7%. The results, and…

  • NextEra Energy, Inc. (NEE) Stock Forecasts

    summary Headquartered in Juno Beach, Florida, NextEra Energy provides generation, transmission, and distribution services. NEE has approximately 37,000 megawatts of total electricity generation capacity, with approximately one-third of its electricity coming from renewable wind and solar sources. The company also operates seven nuclear plants. The company’s largest electric utility is…

  • Wall Street is bullish on stocks for the 2nd half of the year. Here are each firm’s exact forecasts.

    Nour Photo/Getty Images The S&P 500’s record high this year has sparked a wave of target price increases from Wall Street. The most bullish price target for the S&P 500 is 6,000 from Evercore ISI, representing a gain of about 7%. Key upside factors include the benefits of artificial intelligence,…

  • Bank Korea drops phrase ‘upside risks to inflation forecasts have increased’ from statemt

    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…

  • Crypto Pundit Forecasts $600 Price Target

    In recent weeks, Solana (SOL), the fifth-largest cryptocurrency on the market, has been on a downward spiral, hitting a two-month low of $121 on Friday. The coin struggled to break above $188 in May, leading to a sustained decline. Downtrend Things have gotten even worse over the past seven days…

  • Crypto Pundit Forecasts $600 Price Target

    In recent weeks, Solana (SOL), the fifth-largest cryptocurrency on the market, has been on a downward spiral, hitting a two-month low of $121 on Friday. The coin struggled to break above $188 in May, leading to a sustained decline. Downtrend Things have gotten even worse over the past seven days…

  • CIBC boosts gold price forecasts. Says Trump Presidency would be more-bullish for bullion

    Amnesty International Image In a report released late yesterday, CIBC raised its gold price forecasts significantly, predicting a more bullish outlook for bullion, especially in the event of a Trump presidency. Main points: gold: 2024The new forecast is $2,290 per ounce, up from $2,100 per ounce previously. 2025The new forecast…

  • Ten investment bank forecasts for June US CPI. The median is Core @ 3.4% & Headline @3.1%

    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…

  • Bitcoin Proponent Michael Saylor Forecasts Potential $8 Million Price Tag For BTC

    excited Bitcoin supporter Michael Saylor made another very bullish prediction for the price of Bitcoin. His comments, made at a recent event in Prague, captured the attention of the cryptocurrency community, particularly due to the hefty price tag. While speaking at the event, Saylor predicted that Bitcoin would be worth…

  • New Zealand Dollar forecasts revised lower

    New Zealand Institute of Economic Research’s (NZIER) latest report on consensus forecasts. Full text here. For the Kiwi dollar: Their broader summary of the New Zealand economy, saying the latest NZIER consensus forecast: Another downward revision to growth forecasts for next year appears Average annual GDP growth forecasts for the…

  • Major Ripple Advancements and Top XRP Price Forecasts as of Late

    Turkish lire; Dr Ripple plans to launch a stablecoin, Ripple USD (RLUSD), in 2024 on the XRP Ledger and Ethereum, despite criticism from the Securities and Exchange Commission. Meanwhile, the price of XRP has fallen, but some analysts see the current level as a buying opportunity. What’s new in Ripple?…