Analyst news

• Why the post-Fed stock-market rally is raising fresh inflation questions

  16-05-2024 20:53 via rocketnews.com
  The issue is whether Fed Chair Jerome Powell’s post-meeting remarks on May 1 — in which he said the central bank’s next move is “unlikely” to be a rate hike — are now easing financial conditions by so much that this ends up stalling progress on inflation.
  Article Attribution | Read More at Article Source
  [mwai_chat context=”Let’s have a discussion about this article:nnThe issue is whether Fed Chair Jerome Powell’s post-meeting remarks on May
  
  Read more

• Let Buffett’s Pilot truck stops set up EV chargers, not the government, GOP Sen. Tillis says

  16-05-2024 20:34 via rocketnews.com
  Washington’s three-year-old bipartisan infrastructure law has drawn flak for not delivering a lot of chargers for electric vehicles, but Republican Sen. Thom Tillis of North Carolina said Thursday that he views that as a good feature of the law, not a shortcoming.
  Article Attribution | Read More at Article Source
  [mwai_chat context=”Let’s have a discussion about this article:nnWashington’s three-year-old bipartisan infrastructure law has drawn flak for not delivering a lo
  
  Read more

• Regional representative office opened in Mongolia

  16-05-2024 14:49 via litefinance.org
  
  Dear clients,We are pleased to announce the opening of LiteFinance's official representative office in Ulaanbaatar, Mongolia.LiteFinance's clients can now consult with LiteFinance's experts in the regional office in Mongolia. Our team is ready to advise you on how to register a trading account and start trading. LiteFinance’s managers will also introduce the customers from Mongolia to the company's unique services and ongoing trading contests.Moreover, the new office will host seminars on
  
  Read more

• Bridgewater CEO warns of complacency as geopolitics shifts

  16-05-2024 14:46 via rocketnews.com
  Nir Bar Dea, chief executive officer at Bridgewater Associates, says his firm gets lots of market calls wrong, and investors need to acknowledge that they will be wrong a lot, too.
  Article Attribution | Read More at Article Source
  [mwai_chat context=”Let’s have a discussion about this article:nnNir Bar Dea, chief executive officer at Bridgewater Associates, says his firm gets lots of market calls wrong, and investors need to acknowledge that they will be wrong a lot, too.nnDiscussion
  
  Read more

• Advertisement

• Import prices post biggest increase in two years and add to U.S. inflation pressures

  16-05-2024 14:41 via rocketnews.com
  The cost of imported goods rose in April for the fourth month in a row and increased at the fastest pace in two years, reflecting the persistence of elevated U.S. inflation.
  Article Attribution | Read More at Article Source
  [mwai_chat context=”Let’s have a discussion about this article:nnThe cost of imported goods rose in April for the fourth month in a row and increased at the fastest pace in two years, reflecting the persistence of elevated U.S. inflation.nnDiscussion:nn” ai_
  
  Read more

• Nio’s stock gains as J.P. Morgan analyst gives two reasons to stop selling

  16-05-2024 14:34 via rocketnews.com
  China-based electric vehicle maker Nio’s stock resumed its rally on Thursday, after J.P. Morgan’s Nick Lai recommended investors stop selling, three months after he had turned bearish.
  Article Attribution | Read More at Article Source
  [mwai_chat context=”Let’s have a discussion about this article:nnChina-based electric vehicle maker Nio’s stock resumed its rally on Thursday, after J.P. Morgan’s Nick Lai recommended investors stop selling, three months after he
  
  Read more

• Jobless claims subside from 8-month high and signal layoffs are still low

  16-05-2024 14:34 via rocketnews.com
  The number of Americans who applied for unemployment benefits last week fell by 10,000 to 222,000 and indicated the U.S. is still experiencing a low level of layoffs.
  Article Attribution | Read More at Article Source
  [mwai_chat context=”Let’s have a discussion about this article:nnThe number of Americans who applied for unemployment benefits last week fell by 10,000 to 222,000 and indicated the U.S. is still experiencing a low level of layoffs.nnDiscussion:nn” ai_name=”Ro
  
  Read more

• Pound reinforces its position. Forecast as of 16.05.2024

  16-05-2024 12:23 via litefinance.org
  
  Many believed that the British pound would plummet after the Bank of England's hints of monetary easing. However, the GBPUSD pair is hardly afraid of a rate cut, as it is buoyed by the fact that the UK economy is taking off. Let’s discuss that and make a trading plan for GBPUSD.Monthly fundamental forecast for pound sterlingWhat does not kill us makes us stronger, as the saying goes. It has been a while since central banks have signaled an easing of monetary policy. Andrew Bailey said
  
  Read more

• Advertisement

• Ubisoft shares slump after guidance disappoints

  16-05-2024 11:08 via rocketnews.com
  Shares of “Assassin’s Creed” maker Ubisoft Entertainment plunged Thursday after the group set guidance below analysts’ expectations for the current quarter, signaling a slow start to the new fiscal year following a strong fourth quarter.
  Article Attribution | Read More at Article Source
  [mwai_chat context=”Let’s have a discussion about this article:nnShares of “Assassin’s Creed” maker Ubisoft Entertainment plunged Thursday after the group set
  
  Read more

• GBP to AUD Forecast for 2024, 2025-2030 and Beyond

  16-05-2024 09:20 via litefinance.org
  
  Embarking on the GBP to AUD currency forecast, it's evident that navigating this pair is a complex task filled with inherent volatility. Various sources offer insights, depicting fluctuations and subtle long-term trends in the currency market. The forecasts collectively suggest a journey of ups and downs for the GBP to AUD exchange rate, with periods of both appreciation and depreciation marked by the ever-present uncertainty of Forex trading.The question, "Are GBP AUD prices expected to go up o
  
  Read more

• Short-term analysis for oil, gold, and EURUSD for 16.05.2024

  16-05-2024 09:11 via litefinance.org
  
  I welcome my fellow traders! I have made a price forecast for the USCrude, XAUUSD, and EURUSD using a combination of margin zones methodology and technical analysis. Based on the market analysis, I suggest entry signals for intraday traders.The euro will continue its short-term uptrend.Oil price forecast for today: USCrude analysisOil's short-term downtrend continued yesterday. As a result, the price reached below the May 8 low. The asset failed to break through the Target Zone 77.11 - 76.12. In
  
  Read more

• Dollar lost the battle. Did it lose the war? Forecast as of 16.05.2024

  16-05-2024 09:07 via litefinance.org
  
  The Fed will cut rates in 2024, as suggested by inflation resuming a downtrend. However, that doesn't mean monetary expansion will start today. What does it mean for the EURUSD? Let’s discuss it and make a trading plan.Monthly fundamental forecast for the dollarThe good news is that the EURUSD's downtrend has been broken. The bad news is that moving up will be more difficult than in the first half of May. The proof is that three major US stock indexes have soared to record highs simultaneo
  
  Read more

• Short-term analysis for BTCUSD, XRPUSD, and ETHUSD for 16.05.2024

  16-05-2024 08:58 via litefinance.org
  
  Dear readers,I've prepared a short-term forecast for Bitcoin, Ripple, and Ethereum based on the Elliott wave analysis.Elliott Wave analysis for BitcoinBitcoin's price continues forming correction [4], made of subwaves (W)-(X)-(Y)-(XX)-(Z). The first three parts are completed. The second linking wave (XX) is currently unfolding and may form as a regular zigzag A-B-C. Impulse A and correction B look completed. The price is likely rising in impulse C towards the high at 67,231.19, marked by correct
  
  Read more

Follow @news_analyst on Twitter!