Walmart’s shares fell heavily on Tuesday this week after earnings showed that inflation is starting to impact Walmart’s operating costs. The company anticipate inflation impacting their 2023 EPS growth view.…
One of the core principles in trading is to pair a weak currency with a strong currency. It is a way of increasing the odds of a clear direction. The…
When Elon Musk announced that the twitter deal was on ice, share prices started to tumble back down towards key daily support at 32.00. Elon Musk’s concern was over how…
When Netflix announced its earnings in April, it sent shares plummeting lower. Netflix announced a drop in subscribers for the first time in a decade. Furthermore, they also reported that…
Gold has been touted as an inflation hedge and as a stagflationary play, so why are prices not soaring right now? You could be forgiven for asking this question as…
The USD has a period of seasonal weakness around the start of June. Over the last 10 years it has fallen 7 times between May 31 and June 10. The…
At the last RBA meeting, the Board decided to hike rates by 25 bps due to unexpectedly high inflation. Furthermore, Governor Lowe indicated that he expects further interest rate hikes…
The USDJPY pair shows seasonal weakness between now and August with an average fall of -1.36%. The USD has found significant buying since the start of the year due to…
One of the key data points for US policy is set to be released on Wednesday 11 May at 13:30. That is the US inflation data. The headline is expected…
Running into the last FOMC we had expected a ‘buy the rumour, sell the fact’ response. We got that, but it was short-lived as slowing global growth fears gave the…