Archives by Month:

Archives by Year:

STOXX 600 Earnings Outlook 23Q4 – Tuesday, March 19

STOXX 600 Earnings Outlook 23Q4 – Tuesday, March 19

Image Source: Pixabay   Fourth quarter earnings are expected to decrease 5.9% from Q4 2022. Excluding the Energy sector, earnings are expected to decrease 0.6%. Fourth quarter revenue is expected to decrease 2.0% from Q4 2022. Excluding the Energy sector, revenues are expected to increase 1.9%. 281 companies in the STOXX 600 have reported earnings to […]
Forming A Base And Weather Watching. The Corn And Ethanol Report

Forming A Base And Weather Watching. The Corn And Ethanol Report

We kicked off the day with Building Permits Prel, Building Permits MoM Prel, Housing Starts Prel, and Housing Starts MoM Prel at 7:30 A.M., Redbook YoY at 7:55 A.M., 52-Week Bill Auction at 10:30 A.M., 20-Year Bond Auction at 12:00 P.M., Net Long-term TIC Flows at 3:00 P.M., API Energy Stocks at 3:30 P.M., International […]
The FTSE Finish Line: Reckitt Reverses Lower Again On Citi Downgrade, Unilever Up Cuts Costs

The FTSE Finish Line: Reckitt Reverses Lower Again On Citi Downgrade, Unilever Up Cuts Costs

Image Source: Pexels On Tuesday, London’s FTSE 100 saw a slight increase, supported by Unilever’s announcement of plans to spin off its ice cream unit. However, the gains were limited due to cautiousness ahead of the upcoming domestic inflation data and the Federal Reserve’s interest rate decision later this week. The blue-chip FTSE 100 saw a […]
Yen & USD: Wet Noodles Vs. Gold

Yen & USD: Wet Noodles Vs. Gold

Last night’s “historic” rate hike from the BOJ didn’t provide the big meltdown in the dollar that many Forex traders were hoping for. To view the dollar index daily chart: There’s a modest channel breakout and the chart is mildly bullish. The bottom line:Should gold bugs be concerned about the surging dollar?For some key insight into […]
The Market Are A Critical Inflection Point Ahead Of Fed Meeting

The Market Are A Critical Inflection Point Ahead Of Fed Meeting

Image Source: Unsplash  The markets have reached a critical inflection point ahead of the Fed, with rates, currencies, commodities, and equities facing a make-or-break scenario.Video Length: 00:08:29More By This Author:Stocks Rally On March 18 Ahead Of Key Events Later This Week The Fed May Make A Massive Mistake At This Week’s Meeting Market And Stock Analysis […]
Semiconductor Slump: A Day Of Losses For AMD, NVDA, And SMCI

Semiconductor Slump: A Day Of Losses For AMD, NVDA, And SMCI

Image Source: Pexels  On Tuesday, the semiconductor sector experienced a significant downturn, with three major players—Advanced Micro Devices (Nasdaq: AMD), Nvidia Corporation (Nasdaq: NVDA), and Super Micro Computer, Inc. (Nasdaq: SMCI)—feeling the impact. While AMD and Nvidia saw substantial losses, SMCI experienced the most dramatic drop in stock price.  SMCI Experienced the Biggest DropShares of Advanced Micro Devices […]
Sensex Today Tanks 735 Points; IT & FMCG Stocks Drag

Sensex Today Tanks 735 Points; IT & FMCG Stocks Drag

After opening on a negative note, Indian share markets continued the downtrend as the session progressed and ended the day weak.Following weak global Asian stock markets after a trend reversal by the Central Bank of Japan, the Indian stock market witnessed sharp selling pressure during Tuesday deals.At the closing bell, the BSE Sensex stood lower by 735 points (down […]
Housing Construction Rebounds In February, As Permits And Starts Are Stable And Rebounding

Housing Construction Rebounds In February, As Permits And Starts Are Stable And Rebounding

Yesterday I wrote of how Fed rate hikes had not translated into a decline in the amount of housing under construction, and without that I did not see how a recession could occur. And in reaction to January’s housing construction report I concluded, “To signify a likely recession, units under construction would have to decline […]
USD/CAD Rallies Above 1.3600 On Surprisingly Soft Canadian Inflation, Fed Policy Eyed

USD/CAD Rallies Above 1.3600 On Surprisingly Soft Canadian Inflation, Fed Policy Eyed

 Photo by Michelle Spollen on Unsplash   USD/CAD jumps above 1.3600 as Canadian consumer inflation surprisingly eases in February. BoC’s preferred inflation measure decelerated to 2.1% from 2.4% in January on a year-on-year basis. The market sentiment remains downbeat amid uncertainty ahead of Fed policy. The USD/CAD pair soars above the round-level resistance of 1.3600 in the early […]
Copper Market Commentary – Tuesday, March 19

Copper Market Commentary – Tuesday, March 19

Image Source: Pixabay  Copper ReversingCopper prices have come under heavy selling pressure today with the metal extending the correction lower away from the 4.1585 level. On the back of the more than 13% rally we’ve seen off the YTD lows, copper futures have stalled for now into the resistance level. The move has been attributed […]