European stocks have three reasons to fall out of the Federal Reserve meeting on Wednesday evening: The latest inflation data out of the US showed a large beat and put the pressure on the Fed to hike rates aggressively. STIR…
FedEX shares were under pressure last week after the company announced poor preliminary results. The EPS was USD 3.44 vs expected 5.10. The company also withdrew FY23 earnings guidance. With the announcement the shares were down -11% after-market and over…
Silver prices have fallen over recent weeks on aggressive Fed hiking expectations and strong USD bids. This has led to notable selling pressure in both gold and silver. This week on Tuesday economists are predicting that US inflation will fall…
Netflix is initiating more financial discipline as subscriber growth stagnates. The company is targeting more costs cuts. Remember that Netflix has also plans to start an ad-supported subscription plan on November 1 to try and bump up falling subscribers. This…
Using seasonals & fundamentals together + 60 points on the AUDNZD Heading into the latest RBA meeting this week it made sense to be short the AUDNZD. There were three key reasons to expect AUD weakness against the NZD. China’s…
That’s the market’s fear right now – there is more pain to come for stocks and the bottom is not in. At last Friday’s Jackson Hole Symposium Powell communicated to the market that the Fed is going to fight inflation…
The GBP has been pressured recently on USD strength, concerns over Brexit, stresses over a 2022 recession to last 15 months, huge energy price rises, and inflation projections from the BoE to go over 13%. So, the new plan from…
The RBA meet on September 06 and there are a number of factors likely to weigh on the AUD going forwards Firstly, China’s growth is slowing and the AUD tends to rise and fall with China’s economic growth. Secondly, key…
The Federal Reserve meet on September 21 and short term interest rate markets are currently pricing in a 92% chance of a 75bps rate hike. Before they meet there are two key data points and a speech from Powell on…
As the US increasingly faces the prospect of heading into a recession one sector that investors gravitate to is consumer staples. The logic is that consumers still need to buy certain products, but that they will gravitate towards stores targeting…
