Phyllis Wangui

Investors are eagerly anticipating GameStop’s earnings report, which is scheduled to be released on September 6, 2023. There are expectations that the report will provide insights into the company’s financial performance for the second quarter. Analysts forecast EPS growth of… Read More »Market Updates: Investors Expectations Ahead of GameStop’s Earnings Report and the Potential of C3.ai Stock

In the latest report, the US unemployment rate rose unexpectedly to 3.8% in August, while nonfarm payroll employment saw an increase of 187,000 jobs. This data indicates a mixed picture for the US labor market, with job growth but also… Read More »Unemployment Rate Rises to 3.8% as Nonfarm Payroll Employment Increases by 187,000 in August

In the latest releases by the Bureau of Economic Analysis (BEA), it was revealed that the Personal Consumption Expenditures (PCE) price index, excluding food and energy, increased by 0.2 percent in July. This moderate rise in prices reflects the ongoing… Read More »Core PCE Price Index Shows Moderate Increase in July

According to the latest Job Openings and Labor Turnover Survey (JOLTS) report released by the U.S. Bureau of Labor Statistics, the number of job openings edged down to 8,827,000(p) in July 2023. This indicates a slight decline compared to the… Read More »Disappointing JOLTS Report and Weak Consumer Sentiment Sends the Dollar Index Downwards

Trading View Impressive Earnings Report Nvidia, the renowned technology company, has reported an exceptional earnings report that has surpassed all expectations. The company’s sales for the quarter reached a staggering $13.5 billion, exceeding analysts’ projections of $11.2 billion. Similarly, Nvidia’s… Read More »Nvidia Surpasses Expectations with Explosive Earnings Report, Driven by AI Business

In a surprising turn of events, EUR/USD has rebounded above the crucial 1.0850 level. This surge comes after the US released its August PMI data, which fell short of expectations. Adding to the USD’s woes, Wall Street’s positive momentum is… Read More »EUR/USD Surges on Disappointing PMI Data, Stocks Rise

In today’s market news, Monday is expected to be a relatively quiet day with limited economic releases and major events. However, investors will still keep an eye on several key indicators and events scheduled for the upcoming days. 📢 Market… Read More »Market Analysis: Currency Updates, Focus Powell and Lagarde Speeches, Jackson Hole Symposium