Image: Shutterstock Key Takeaways The Chevron Corporation beat Q3 earnings estimates with a 7% year-over-year increase in oil output. However, near-term risks for the stock persist, such as declining revenue margins and uncertainty around recent acquisitions. Chevron Corporation (CVX – Free Report) recently reported its third-quarter 2024 earnings, which beat estimates primarily due to production growth in key regions. Chevron achieved a […]

In our analyses, we regularly examine current movements, identify possible influencing factors and assess the general market situation. However, these are not recommendations, but merely opinions and food for thought. Dear readers!The US elections are over and with the ‘Red Sweep’ there is probably no need for much discussion about the winner. It is the best […]

The Organization of the Petroleum Exporting Countries’ recent decision to extend its production cuts till the end of January has added more uncertainty to the oil market as we approach 2025. On Sunday, the cartel and its allies had extended the voluntary production cuts till the end of December to prop up crude oil prices. Eight members […]

In Friday’s session, the NZD/JPY declined by 1.20% to 91.00, continuing its bearish momentum. This break below the crucial 91.00 support level and the convergence of the 20 and 100-day Simple Moving Averages (SMAs) further confirms the strength of the selling pressure.The analysis of technical indicators reveals a bearish outlook. The Relative Strength Index (RSI) has fallen into the negative […]

Image Source: PixabayMoney market funds saw a very small net outflow (-$2.2BN) last week, leaving them still just shy of the record high…Source: BloombergOn the bank side of the savings world, total deposits (SA) rose $17.5BN to its highest since Sept 2022…Source: BloombergOn a non-seasonally-adjusted basis, total deposits jumped a huge $148BN (reversing the prior week’s $133BN deposit decline)…Source: […]