Category Archive: Finance
Dollar Tree Q3 Earnings And Revenues Surpass Estimates
Image Source: Pexels Dollar Tree (DLTR – Free Report) came out with quarterly earnings of $1.12 per share, beating the Zacks Consensus Estimate of $1.07 per share. This compares to earnings of $0.97 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 4.67%. A quarter ago, it was […]
Futures Rise To Fresh Record High Ahead Of Powell Speech, French Government Collapse
Futures are higher following yesterday’s geopolitical events in France and S. Korea – which ironically highlight the stable exceptionalism of the US and its markets. As of 8:00am ET, S&P futures are 0.3% higher, and on pace for a 56th record high in 2024, after closing at the 55th yesterday; Nasdaq futures surge 0.6% boosted […]
Yen And Aussie Slide, While The Euro Waits On The France No-Confidence Vote
Image Source: Unsplash The two biggest movers in the FX market on Wednesday have been the Yen and the Australian Dollar, both of which have come under a good amount of pressure.Video Length: 00:01:15More By This Author:Aussie GDP, French Politics, And US Economic Data Renewed Demand For US Dollar Trump Trade Adjustments In Process
EUR/GBP Stays Vulnerable Below 0.8300 As French Government Sets To Dissolve
The EUR/GBP pair ticks lower and sustains below the cruical resistance of 0.8300 in Wednesday’s North American session. The asset is expected to remain highly volatile with investors focusing on French no-confidence vote that is expected to result in a collapse of Prime Minister Michel Barnier’s government.Marine Le Pen-led-Far Right allied with Left wing and […]
Focus On US NFP, French And South Korea Developments
All eyes today are on the French and South Korean markets as both countries face political instability. South Korea’s Kospi index dropped 1.44% on Wednesday while the Bank of Korea said it would deploy measures to stabilize the forex market. In France, the CAC 40 surged by 0.45% as French lawmakers will hold a vote of no-confidence […]
Foot Locker, Inc.’s Q3 Sales Decline By 1.4% To $1.96B, EPS And Revenue Miss
Image Source: Unsplash In the third quarter of 2024, Foot Locker, Inc. (NYSE: FL) reported a slight decline in total sales, which fell 1.4% year-over-year to $1.95 billion from $1,98 billion in the same period of the previous year. This dip in sales was more pronounced when adjusted for foreign exchange rate fluctuations, showing a decrease of 2.2%. […]
EUR/USD Analysis: Holds Near 1.05
As expected, the EUR/USD will remain stable in narrow ranges with a bearish bias until the US jobs figures are announced. In addition to the anticipated statements from several US Federal Reserve officials, most notably a speech by Federal Reserve Chairman Jerome Powell later today, Wednesday. According to reliable trading platforms, the EUR/USD is trading […]
ADP Employment Disappoints, US Manufacturing Sees Biggest Job Losses Since June 2023
After surging 233k higher in October (the biggest jump since July 2023), expectations were for a slowdown in job additions in November to +150k. The reality was a double whammy of pain with October’s surge revised down to just +184k and November’s print missing expectations at +146k…Source: Bloomberg “While overall growth for the month was […]
Elliott Wave Technical Analysis – Palo Alto Networks Inc.
PANW Elliott Wave Analysis Trading LoungePalo Alto Networks Inc., (PANW) Daily ChartPANW Elliott Wave Technical AnalysisFUNCTION: TrendMODE: ImpulsiveSTRUCTURE: MotivePOSITION: Minute {iii}.DIRECTION: Upside within {iii} of 3.DETAILS: Looking for further upside into wave (5) as we seem to have completed a large wave 2 and then started to nest in what could be a series of ones and […]
AUD/USD Forex Signal: Falls To 4-Month Low
Today’s AUD/USD Signals Risk 0.75% Trades must be taken before 5pm Tokyo time Thursday. Short Trade Ideas Short entry following a bearish price action reversal on the H1 time frame immediately upon the next touch of $0.6443 or $0.6509. Place the stop loss 1 pip above the local swing high. Move the stop loss to […]
