Boeing and Airbus have historically been the two largest commercial aircraft manufacturers globally, with Boeing dominating the North American market and Airbus having a significant presence in Europe and other parts of the world. At the moment, the serious manufacturing issues plaguing Boeing has resulted in upside for Airbus shares. See the strong gains the stock has been making below!
The company has a strong portfolio of prescription medicines, vaccines, biologic therapies, and animal health products. Merck has a very strong seasonal pattern coming up. Will Merck’s mighty seasonals play out again this year ?
Nvidia has been at the forefront of technological innovation in various sectors, and its products and technologies have had a significant impact on industries ranging from gaming to artificial intelligence. Nvidia has a seasonally weak pattern around this time of the year.
The PCE index includes a wider range of goods and services compared to other inflation measures, such as the Consumer Price Index (CPI).
Could the USDJPY find strength this Friday if the PCE print comes in above expectations?
The oil market saw a rebound after a period of soft trading, driven by global tensions. Brent prices surged to $86/bbl following a terrorist attack in Russia, while ongoing drone strikes on Russian refineries by Ukraine kept the oil market's risk premium elevated. In the US, the number of oil rigs decreased slightly, reaching 509 for the week ended March 22, 2024.
L'Oréal operates globally, with a presence in over 150 countries. It owns a wide portfolio of brands catering to various segments of the beauty market, ranging from mass-market to luxury products.
Boeing is an American multinational corporation that designs, manufactures, and sells airplanes, rotorcraft, rockets, satellites, and telecommunications equipment. Recently manufacturing issues have been playing havoc with Boeing’s delivery schedules and confidence has been hit, weighing on share prices.
Gold serves as a renowned inflation hedge due to its intrinsic properties and historical performance during periods of rising prices. Gold operates as an inflation hedge as gold possesses inherent value that transcends currencies and economic fluctuations.
McDonald's has also prioritized innovation in its operations, marketing, and technology. Initiatives like drive-thrus, mobile ordering, and delivery services have helped the company stay relevant in an increasingly digital world. Despite facing occasional controversies regarding its impact on public health and the environment, McDonald's remains a dominant force in the global food industry, with a strong brand presence and a massive customer base.
The moves in the USDCAD are impacted by a complex interplay of commodity prices (Canada is a major oil exporter), monetary policy divergences between the Bank of Canada and the Federal Reserve, incoming economic data points centering around growth and inflation dynamics, as well as broader global trends for the USD.
