Phyllis Wangui is a Financial News Editor with extensive knowledge of the forex, stock news, stock market, forex analysis, cryptos and foreign exchange industries.Phyllis is an avid commentator on these topics and loves to share her insights with others through financial publications and social media platforms.
Stocks edged higher in the balmy weather trading as traders mulled a slew of economic data and anticipated the annual meeting of central bankers in Jackson Hole, Wyoming. Stocks have been mostly lower in recent sessions as investors await Federal… Read More »Market React As Jackson Hole Summit Kicks Off
The most important event for the market this week is Federal Reserve Chair Jerome Powell’s speech later this week. However, investors should not disregard the earnings calendar as good reports could be on the way. NVIDIA Corporation NVIDIA Corporation is… Read More »Positive Earnings Anticipated Amid Fed Concerns
The second quarter earnings season had its second busiest week, with 155 S&P 500 companies reporting. One of the more intriguing anomalies from this earnings season was companies reporting earnings that were higher than consensus estimates rather than lower. Traders… Read More »Investors Focus on Unemployment, Inflation for Q3
The Producer Price Index (PPI) is an important piece of economic data since it predicts future inflation. Because of the positive association between inflation and interest rates, traders monitor PPI in forex trading, but ultimately, traders are concerned with how… Read More »Rising PPI and Unemployment Concern Feds, Traders
On 3 August 2022, the joint 31st OPEC and non-OPEC Ministerial video session was held via videoconference. The video session highlighted that the oil market fundamentals are dynamic and rapidly changing, demanding a regular evaluation of market situations. The video… Read More »OPEC-JMMC Video Session and Trade Impact
BRIEFS After a two-day rise, AUD/USD bulls take a breather, recently dropping to 0.6965 as the crucial NFP Friday begins. The pair’s latest swings could be linked to a cautious mood ahead of the Reserve Bank of Australia’s (RBA) crucial… Read More »AUD/USD drops before RBA policy & US jobs report
Over the last two weeks, the number of corporations reporting positive earnings surprises has increased. As a result, the second-quarter earnings growth rate was greater in the last week of July compared to the prior weeks. Investors are optimistic that… Read More »August Earnings: Eli Lilly, Amgen, Warner Bros.
Investors will be determining the profitability of companies that have been eyeing on by looking at this quarter’s EPS. Consistent EPS increase, despite various economic challenges, is a good sign of future companies’ profitability and ability to raise dividends gradually.… Read More »AMD releases earnings, investors review portfolios
KEY HIGHLIGHTS Today’s interest rate increase by another three-quarters of a point is generally anticipated, but the Federal Reserve could shock the markets by sounding even more resolute about tightening policy. That indicates that the Fed would sound “hawkish,” or… Read More »Fed announcement may surprise with aggressive tone
Only approximately one-fifth of the S&P 500 has so far released second-quarter results, but since earnings season began more than a week ago, some significant talking points have surfaced, some of which are fairly unexpected. Given growing worries that the… Read More »Investors’ Q2 Earnings Expectations for Major Firms