FTSE Prints New Record Highs Boosted By Blue Chip Earnings Beats
The FTSE 100 in Britain reached a new all-time high on Thursday, driven by a surge in miner Anglo American's stock following a buyout offer from BHP Group.
Here's What Wall Street Is Saying About Snap Ahead Of Earnings
BofA views Q2 revenue guidance as "the biggest unknown and the most important driver of post-call stock performance".
Money Supply Sees Major Jump In Recent Weeks
Even if the Fed is tight, if Money Supply is increasing, it has an inflationary effect.
Leading Indicators In The Q1 GDP Report Are Mixed
Nominal private residential fixed investment increased 3.5% during the first quarter. Real private residential fixed investment increased 3.3%.
2024 Q1 GDP Underperforms Expectations At 1.6 Percent Vs 2.3 Percent Expected
First-quarter GDP was lower than any estimate in the Bloomberg Econoday consensus range of 1.7 percent to 2.8 percent. Inflation was higher than expected.
American Airlines Swings To A Loss, But Tops Estimates For Q2 Forecast
American Airlines reported its latest quarterly earnings.
Analytical Overview Of The Main Currency Pairs - Thursday, April 25
From the point of view of technical analysis, the trend on the GBP/USD currency pair on the hourly time frame is bearish.
US GDP Growth Slows Markedly, And Inflation Remains The Focus
US GDP growth slowed to 1.6% annualized in the first quarter of this year, less than half the 3.4% rate recorded in 4Q23, but core inflation was stronger, picking up from a 2% annualized rate to 3.7%.
Airline Industry Expected To Soar With Record Summer Travel
The airline industry is gearing up for what could be a record-breaking summer travel season, if forecasts turn out to be correct.
Sensex Today Ends 487 Points Higher; Metal Stocks Shine
After opening the day on a high note, Indian share markets continued the momentum as the session progressed and ended higher.
USD/JPY Analysis: Yen Slumps To 34-Year Low
The Japanese yen witnessed further weakness against its counterpart, the US dollar, falling to its lowest level in over three decades.
Jobless Claims Continue Their Snooze-Fest
Initial claims declined from -5,000 to 207,000, continuing their nearly 3 month long range of between 200-220,000 per week.
Elliott Wave Technical Analysis: Texas Instruments Inc. - Thursday, April 25
Texas Instruments Inc. is currently exhibiting a strong impulsive trend, characterized by a motive structure placed in Intermediate wave (1).
USDJPY hits highest since 1990; What’s next?
This major FX pair has crossed above the psychologically important 155 level, ahead of a slew of major events that could rock FX markets.
Treasury Cash Soars Providing A Liquidity Reprieve
The U.S. Treasury now has $930 billion in cash in its Treasury General Account (TGA) held at the Federal Reserve.
Initial & Continuing Jobless Claims Continue To Ignore Reality
The number of Americans filing for jobless benefits for the first time last week dropped to just 207k, below the 215k expectation, and back near YTD lows.
Gold Eyes Bullish Trend Resumption As Traders Await Key US Data
Gold has been able to regain its poise after the sharp drop we observed at the start of the week.
Earnings Spook The Market But Support Several Models
Equity futures point to a weak start when the stock market opens later this morning, following a string of weaker-than-expected guidance that in some cases includes higher spending relative to market forecasts.
GBP/USD Analysis: Focus Shifts Cautiously To US Data
According to recent trading activity, GBP/USD has been on the rise, easing some recent selling pressure.
Daily Market Outlook - Thursday, April 25
Asian stock markets are trading with mixed results on Thursday, following the uncertain signals from Wall Street overnight as META earnings failed to impress afterhours causing a late selloff.