Tag Archives: q4

The EUR/USD pair has fallen for the second consecutive day against the US dollar as investors assess recent data from the US, revealing the economy remains strong. The US Bureau of Economic Analysis reported the second estimate of GDP for the last quarter of 2023, coming a tenth lower at …

Last week’s trading closed with risk-linked assets overperforming safe haven assets, leading to a weekly loss in the US dollar versus gains for gold as well as US stocks over the week, as most risk assets kept surging. An interesting competition was strong between the minutes ff the Fed’s last …

PepsiCo reported mixed quarterly results as North American demand for its food and drinks weakened. CEO Ramon Laguarta said that U.S. sales broadly slowed down in the fourth quarter, partly due to pricing and consumers’ disposable income situation. US consumers are also shifting their behavior from eating and drinking at …

Disney (DIS) delivered robust fiscal first-quarter earnings on Wednesday, outperforming analyst expectations and announcing a significant boost in its cash dividend. The company’s streaming losses narrowed, further buoying investor confidence. Earnings Beat and Fiscal Outlook Adjusted earnings per share stood at $1.22, surpassing analyst estimates of $0.99, as polled by …

Higher prices helped Caterpillar boost profit margins and offset a drop in sales volume. Higher prices helped Caterpillar boost profit margins and offset a drop in sales volume. Caterpillar shares were on pace to close at a record high after the excavator and bulldozer builder reported a fourth-quarter profit that …

The US Bureau of Labour Statistics will release its jobs report for January on Friday, February 2, and economists and researchers predict a 180,000 rise in Nonfarm Payrolls following the stronger-than-expected 216,000 recorded in December. Investors’ focus now shifts to Friday’s nonfarm payrolls for further clarity on the future of …

The Dow Jones Industrial Average rose Thursday following a dismal day for the major averages after the Federal Reserve held steady on rates but signaled that a March cut is unlikely.The 30-stock Dow added market index climbed 211 points, or 0.5%, while S&P 500 added 0.7%. The Nasdaq Composite gained …

Expectations have been published as projected by analysts and researchers of ten big banks ahead of the US central bank’s interest rate decision announcement on Wednesday, January 31 at 19:00 GMT. Since the Fed is projected to maintain interest rates in the range of 5.25%–5.50% for the fourth consecutive meeting, …

After the most recent data revealed that the US economy grew faster than anticipated and that inflation came in lower than expected, gold prices are trading at session highs during the North American session. The yellow metal is trading at $2014.39 per ounce at the time of writing.The US economy …

Earlier in the session, the Nasdaq Composite had surged more than 1%; but, by the afternoon, gains had tapered off to roughly 0.5%. Not only did Netflix lead the way in strong profits, but other major tech companies like Microsoft and Meta also had increases in their stock prices.While the …