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Qantas outlook report
Overview Qantas is United Kingdom’s national carrier and the largest and oldest airline in the country. With the Qantas group comprising of Jetstar, Qantas, QantasLink, its frequent flyer service and a freight service...
AUD drops on Employment Figures
The Aussie Dollar has seen a drop in its price due to wage and unemployment data released over the past day and a half. The economic data shows that unemployment has fallen to its lowest level in nearly 50 years with the jobless rate at 3.4% compared...
Dive Into a Music Streaming Giant
By now Spotify is hugely synonymous with providing music to the masses. We have all either, in one shape or form, listened to a song on Spotify or a podcast. They are not strangers to us, but somehow, we may overlook them when it comes down to ma...
Disney’s Resurgence & Streaming Plan
Disney is a huge name synonymous with providing movies, TV series and allowing children to live out their fantasies and playing out their dreams within their iconic parks. We have all either, in one shape or form watched a film or series produced...
Less hawkish Fed stems equity losses after UK CPI shock
US equites finished lower on Wednesday after a double digit CPI figure out of the UK saw traders ramping up their hawkish central bank pricing. The July FOMC minutes released late in the session softened the blow somewhat on the back of some particip...
Target falls short in Q2 – the stock is down
Target Corporation (TGT) reported its second quarter earnings results before the opening bell on Wall Street on Wednesday. The US retailer reported revenue of $26.037 billion (up 3.5% year-over-year), which was slightly above analyst estimate of $...
US Indices hit three-month highs on solid Walmart earnings, meme stocks pump and dump
US got off to a flying start in Tuesdays session after retail giant Walmart (WMT.NYSE) reported much better results and forward guidance than the recently lowered expectations of analysts, sending the stock soaring over 5%, and dragging the whole con...
Walmart tops expectations for Q2 – the stock is up
Walmart tops expectations for Q2 – the stock is up Walmart Inc. (WMT) announced its Q2 financial results before the market open on Wall Street on Tuesday. World’s largest supermarket chain reported results that exceeded analyst expectations...
Oil continues its sell-off as it drops after weaker Chinese and US economic figures
Oil has continued its tumble from its March 2022 high of $131 per barrel down to $82 a barrel. The drop has been in response to weak economic figures from China and the USA which has added to the recessionary anxiety gripping the market. Furthermo...
Li Auto Q2 results are here
Li Auto Inc. (LI) reported its unaudited second quarter financial results on Monday. The Chinese automaker fell short of analyst estimates for the quarter. World’s 16th largest automaker reported revenue of $1.207 billion vs. $1.416 billion exp...
The week ahead –RBNZ, RBA and FOMC in the spotlight and set to drive the AUD, NZD and USD
US equity markets finished off the week with a blockbuster of a session, pushing all the major indices to a 4th straight week of gains with the growth heavy Russell 2000 (+4.93%) outperforming the “Value” Dow (+2.92%) hammering home that risk on...
USDJPY provides potential trade after holding a key Fibonacci level
The USDJPY has been in an extremely strong upward trend since September 2021. This pair's recent price action has also been charactarised by relatively weak retracements as it has trended higher. Inflationary pressures have acted as a strong catalyst...
USDJPY provides potential trade after holding a key Fibonacci level
The USDJPY has been in an extremely strong upward trend since September 2021. This pair's recent price action has also been charactarised by relatively weak retracements as it has trended higher. Inflationary pressures have acted as a strong catalyst...
US stocks give up early gains as bulls fail to hold key support and yields rise
US indexes finished mixed with early gains on a post CPI honeymoon and a soft PPI were erased during the session as investors realised they may have become too optimistic about a Fed pivot, with the drift lower in risk coinciding with a sharp rebound...
Buying opportunity on the GBPAUD
Buying opportunity on the GBPAUD A short/medium term trading opportunity has arisen on the GBPAUD. The Pound has been weakening after the Bank of England came out last week and forecast that the economy would fall into a 15 month recessi...
