Microsoft shares have drifted lower since their last earnings report, despite beating on the headline print for both their EPS and revenue. If the slide in shares continues, where will…
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.…
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…
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…
The Federal Reserve is on a rate hiking cycle, and the increase in interest rates can help financial companies that charge interest rates on loans. The higher interest rate charges…
On Thursday last week, President Biden announced a plan to buy 60mln barrels of crude oil as the first step in a years-long process aimed at replenishing America’s shrinking emergency…