BOA

DukeEnergy Earnings Report Q12021

Duke Energy’s share price closed the week on Friday with a slight gain of +0.42% at $100.79. The performance, although quite positive, is still below the performance of May 3 which recorded a peak price of $101.89. The stock showed mixed performance when compared to […]

May 10 – GBP skyrockets, USD down, Crypto and Metals in the spotlight

Market News Today – The overall tone in stocks remained positive through the Asian part of the session, after Wall Street shrugged off the disappointment of the US jobs report on Friday and took solace in the fact that the data will back the Fed’s […]

Marriott International Q1 Earning Reports Preview

Today, May 10, Marriott International – the largest US hospitality company, headquartered in Bethesda, Maryland, USA – is to announce its first quarterly report for 2021. According to Zack’s investment research and based on nine analytical forecasts, the estimate consensus of earnings per share for […]

Is it metals’ year after all?

Precious and industrial metals are in extending mode of their recent or even all-time highs so far in 2021, on the back of commodity super-cycle optimism. Base metal prices have continued to surge to fresh trend highs. Oil prices are off recent highs, with the […]

Events to Look Out for Next Week

Retail Sales (AUD, GMT 01:30) – Following the unexpected bounce in the preliminary release, the final March retail sales is expected to hold at 1.4% m/m. Tuesday – 11 May 2021 Consumer Price Index (CNY, GMT 01:30) – The Chinese CPI for April is forecasted […]

NFP – Live Analysis

For today’s key NonFarm Payroll data release, 980,000 remains consensus. Weekly unemployment claims yesterday finally broke below the 500,000 level for a post pandemic low but the private ADP payrolls on Wednesday missed expectations of 872,000 to register 724,000 new jobs for April. Will NFP […]

Greenback and Loonie on backfoot ahead of Labour data

The April nonfarm payroll estimates vary from 850k to 978k, though market estimates are skewed to the high side of the forecasts likely due to big declines in initial claims through the month, and big increases in both consumer confidence and producer sentiment. Yet, that […]

Market Update – May 7 – USD weaker ahead of NFP

Market News Today – USD moves lower, (USDIndex down (0.45%) to 90.80 earlier), EUR and Sterling both bid. Equities all closed higher (new ATH for USA30, USA500 +0.82%) Financials biggest gainers. Commodities tear continues GOLD breaks $1820. 10-yr Yields slip with USD to 1.568%. Asian […]

Weekly Claims breach the significant 500,000 level

EURUSD, H1 US initial jobless claims dropped -92,000 to 498,000 in the week ended May 1, more than expected and posting another new post-covid low, after sliding -13,000 to 590,000 (was 553,000) previously. Just before the US economy closed last year, claims were at 256,000 […]

Adidas: Q1 2021 Earnings Preview  

This Friday (7th May 2021), Adidas AG (#adidas) – the largest sportswear manufacturer in Europe and the second largest in the world – will release its earnings report for the first quarter in 2021. Following the launch of its “Creating the New” strategy in March […]