Category: Outlook
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Market Outlook for the Week of 30th September – 4th October
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On Monday, the UK will release final GDP data for the fourth quarter, while Switzerland will publish the KOF economic gauge. In the United States, Federal Reserve Chairman Jerome Powell will participate in a discussion titled “A View from the Fed” at the National Association for Business Economics’ annual meeting…
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Weekly Market Outlook (30-04 October)
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Upcoming events: Monday: Japanese industrial production and retail sales, Chinese PMIs, German CPI, Fed Chair Powell. (Canada is on vacation) Tuesday: Japan Unemployment Rate, Bank of Japan Opinion Summary, Australian Retail Sales, Swiss Retail Sales, Swiss Manufacturing PMI, Eurozone Flash CPI, Canadian Manufacturing PMI, US ISM Manufacturing PMI, US Job…
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Car parts supplier Forvia cuts 2024 outlook again, to speed up job cuts By Reuters
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Written by Nathan Fevlin (Reuters) – French auto parts supplier Forvia cut its annual sales and profit forecasts for the second time in three months on Friday, reflecting weakness in European and North American markets and a delay in China. “We have lost, compared to last year, about 2 million…
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Trump wild card for weaker dollar outlook
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Investing.com – The US dollar fell against most major currencies in the wake of the Federal Reserve’s dovish shift, and there are more declines to come, according to Capital Economics, with a Trump win being the likely trump card. With the US currency approaching the bottom of its post-2022 range,…
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Weekly Market Outlook (23-27 September)
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Upcoming Events: Monday: Japan on holiday, Australia/Eurozone/UK/US spot PMIs. Tuesday: Japan PMI, RBA Monetary Policy Decision, German IFO, US Consumer Confidence. Wednesday:Australia Monthly Consumer Price Index. Thursday:SNB Monetary Policy Decision, US Durable Goods Orders, US Q2 Final GDP, US Unemployment Claims. FridayTokyo CPI, Canada GDP, US Personal Spending Index. Monday…
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Weekly Market Outlook (23-27 September)
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Upcoming Events: Monday: Japan on holiday, Australia/Eurozone/UK/US spot PMIs. Tuesday: Japan PMI, RBA Monetary Policy Decision, German IFO, US Consumer Confidence. Wednesday:Australia Monthly Consumer Price Index. Thursday:SNB Monetary Policy Decision, US Durable Goods Orders, US Q2 Final GDP, US Unemployment Claims. FridayTokyo CPI, Canada GDP, US Personal Spending Index. Monday…
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Avalanche (AVAX) Rallies On Fed Rate Cut, DeFi Growth Boosts Long-Term Outlook
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With its price up 17% over the past seven days, Avalanche (AVAX) has recently been in winning streakThe cryptocurrency is currently trading at $28.12, up 7% in the past 24 hours alone. This sudden surge fits into a larger cryptocurrency market rally driven by a major shift in the US…
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Avalanche (AVAX) Rallies On Fed Rate Cut, DeFi Growth Boosts Long-Term Outlook
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With its price up 17% over the past seven days, Avalanche (AVAX) has recently been in winning streakThe cryptocurrency is currently trading at $28.12, up 7% in the past 24 hours alone. This sudden surge fits into a larger cryptocurrency market rally driven by a major shift in the US…
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Goldman Sachs: BOE rate outlook post-September meeting
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Goldman Sachs expects the Bank of England to cut interest rates by 25 basis points at its November meeting, following the recent decision to keep the bank rate on hold. Key points: Details of the Bank of England decision: The Monetary Policy Committee voted 8-1 The bank interest rate will…
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Goldman Sachs: BOE rate outlook post-September meeting
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Goldman Sachs expects the Bank of England to cut interest rates by 25 basis points at its November meeting, following the recent decision to keep the bank rate on hold. Key points: Details of the Bank of England decision: The Monetary Policy Committee voted 8-1 The bank interest rate will…
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Market Outlook for the Week of 16th – 20th September
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We have a busy week ahead in terms of economic events, but Monday starts slowly with no major releases scheduled. On Tuesday, the highlight will be Canadian inflation data, followed by US retail sales figures on a monthly basis. Wednesday brings inflation data from the UK, along with building permits,…
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The US ad market outlook for the rest of 2024 By Investing.com
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The US advertising market is expected to show remarkable strength, with a projected growth rate of 9.4%, up from 4.5% in 2023, according to analysts at Morgan Stanley. This expansion is largely supported by digital media and performance-oriented advertising, which is transforming the landscape by pushing brands towards ultimately measurable…
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Weekly Market Outlook (16-20 September)
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Upcoming Events: Monday: New Zealand Services PMI. Tuesday: Eurozone ZEW Index, Canadian CPI, US Retail Sales, US Industrial Production and Capacity Utilization, US National Association of Home Builders Housing Market Index. WednesdayUK CPI, US Housing Starts and Building Permits, Bank of Canada Minutes, FOMC Policy Decision. Thursday:New Zealand Q2 GDP,…
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SelectQuote sees robust growth in Q4, projects mixed outlook By Investing.com
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SelectQuote Inc. (NYSE:), a leading provider of insurance products, reported a strong performance in its fourth-quarter earnings call for the fiscal year 2024. CEO Tim Danker highlighted significant revenue growth, particularly in the Senior Medicare Advantage and Healthcare Services (NASDAQ:) segments. The company’s revenue and adjusted EBITDA both surpassed expectations,…
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Weekly Market Outlook (09-13 September)
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Upcoming Events: Monday: China consumer price index. Tuesday: UK Labor Market Report, US NFIB Business Optimism Index. WednesdayUK GDP, US CPI. Thursday:Japan PPI, ECB Monetary Policy Decision, US PPI, US Unemployment Claims. Friday:New Zealand Manufacturing PMI, University of Michigan Consumer Confidence Index in the United States. Monday China’s CPI is…
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Zscaler stock sinks 13% in afterhours trade on cautious profit outlook By Investing.com
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Zscaler (NASDAQ:) reported better-than-expected fourth-quarter results, but its shares fell 13% in after-hours trading on disappointing earnings guidance for the next fiscal year. The cloud security company reported adjusted earnings per share of $0.88, beating analysts’ estimates of $0.70. Revenue for the quarter was $592.9 million, up 30% year over…
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A growing rift at the ECB on the economic outlook?
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Well, that’s the potential disagreement that could affect the interest rate cut debate in the coming months. Reports suggest that some policymakers want to focus more on recession fears while others insist on holding firm on the inflation battle. It’s pretty much certain that interest rates will be cut in…
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Weekly Market Outlook (02-06 September)
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Upcoming Events: Monday: US/Canada Holiday, China Caixin Manufacturing PMI, Swiss Manufacturing PMI. Tuesday: Swiss CPI, Swiss Q2 GDP, Canada Manufacturing PMI, US ISM Manufacturing PMI. Wednesday:Australian Q2 GDP, China Caixin Services PMI, Eurozone PPI, Bank of Canada Monetary Policy Decision, US Job Openings, Fed Beige Book. ThursdayAverage cash income in…
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Stocks Retreat as Nvidia Outlook Saps AI Trade
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(Bloomberg) — European stocks rose slightly and U.S. stock futures erased declines as investors assessed Nvidia Corp.’s results ahead of key economic data due this week. Most Read from Bloomberg The Stoxx Europe 600 index rose 0.3%, led by technology stocks. Nasdaq 100 futures were down 0.1% after the index…
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Nutanix shares surge 12% on strong earnings beat and outlook By Investing.com
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San Jose, California – Nutanix Company Microsoft (NASDAQ:MSFT) shares rose 12.45% in after-hours trading Wednesday after the hybrid cloud computing company reported fourth-quarter financial results that beat analysts’ expectations and offered an upbeat outlook for fiscal 2025. The company reported adjusted earnings per share of $0.34, beating the consensus estimate…