Analyst news

• Summer is here — but pool demand less so, Pool Corp. says

  24-06-2024 23:33 via rocketnews.com
  Swimming-pool gear distributor Pool Corp. on Monday slashed its profit outlook for this year, citing “persistently weak” demand for new pool construction, sending shares sharply lower in after-hours trade.
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  [mwai_chat context=”Let’s have a discussion about this article:nnSwimming-pool gear distributor Pool Corp. on Monday slashed its profit outlook for this year, citing “persistently weak” demand for new pool co
  
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• Larry Summers says the Fed and investors are ‘badly wrong’ on inflation’s path

  24-06-2024 23:20 via rocketnews.com
  Former Treasury Secretary Larry Summers on Monday took aim at the Federal Reserve’s strategy for defeating inflation, while also taking credit for predicting last year that markets and policymakers were overstating the likelihood of several interest-rate cuts in 2024.
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  [mwai_chat context=”Let’s have a discussion about this article:nnFormer Treasury Secretary Larry Summers on Monday took aim at the Federal Reserve’s strategy
  
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• Coinbase may be facing regulatory action over its accounting for crypto assets

  24-06-2024 20:55 via rocketnews.com
  Coinbase Global Inc. may be at risk of a regulatory enforcement action over its accounting for crypto assets, according to accounting experts, who reviewed the crypto trading site’s numbers before and after it opted for early adoption of a new rule.
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  [mwai_chat context=”Let’s have a discussion about this article:nnCoinbase Global Inc. may be at risk of a regulatory enforcement action over its accounting for crypto assets, accordi
  
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• Fed’s Goolsbee lays out dovish case for rate cuts, flags ‘a couple of warning signs’ for economy

  24-06-2024 20:39 via rocketnews.com
  Chicago Fed President Austan Goolsbee said Monday there are new signs of stress on the U.S. economy that should make the central bank at least wonder if its policy rate needs to be as high as it currently is.
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  [mwai_chat context=”Let’s have a discussion about this article:nnChicago Fed President Austan Goolsbee said Monday there are new signs of stress on the U.S. economy that should make the central bank at least wonder if its policy
  
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• Is Nvidia doomed to be the next Cisco or Intel? Here’s what investors need to know.

  24-06-2024 19:56 via rocketnews.com
  Recent volatility in Nvidia Corp.’s stock is bringing back memories from the start of this century, when companies like Cisco Systems Inc. and Intel Corp. saw their shares crash and never fully recover after the dot-com bubble burst.
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  [mwai_chat context=”Let’s have a discussion about this article:nnRecent volatility in Nvidia Corp.’s stock is bringing back memories from the start of this century, when companies like Cisco S
  
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• Financial-market participants are wary of these 3 political risks

  24-06-2024 19:53 via rocketnews.com
  Investors are facing an intense stretch of political events over the next three weeks, ranging from Thursday’s debate between President Joe Biden and Republican Donald Trump to elections in France, the U.K., and Iran.
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  [mwai_chat context=”Let’s have a discussion about this article:nnInvestors are facing an intense stretch of political events over the next three weeks, ranging from Thursday’s debate between President Joe Bid
  
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• Oil edges higher after back-to-back weekly gains

  24-06-2024 13:11 via rocketnews.com
  Oil futures edged higher Monday morning, attempting to build on back-to-back weekly gains as crude rebounded from an early June slump that took prices to their lowest since early February.
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  [mwai_chat context=”Let’s have a discussion about this article:nnOil futures edged higher Monday morning, attempting to build on back-to-back weekly gains as crude rebounded from an early June slump that took prices to their lowest since early Febru
  
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• Yen may face another intervention. Foarecast as of 24.06.2024

  24-06-2024 12:12 via litefinance.org
  
  The Japanese authorities, despite their efforts, are still grappling with the USDJPY pair's persistent bullish trend. Meanwhile, even insurance companies do not believe in a trend reversal today. Let's discuss this topic and make a trading plan.Weekly fundamental forecast for Japanese yenUSDJPY quotes are returning to the psychologically important 160 mark, the government is spoon feeding the markets with verbal interventions, while the extremely slow monetary policy normalization by the Bank of
  
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• Short-term analysis for oil, gold, and EURUSD for 24.06.2024

  24-06-2024 10:01 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.Gold is trading in a short-term downtrend.Oil price forecast for today: USCrude analysisOil quotes are declining after reaching the Target Zone 82.34 - 81.44 last week. If the decrease continues, the price may test support (A) 78.64 - 78.34. Once this zone is
  
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• cTrader Trading Platform Update: Discover New Features and Improvements

  24-06-2024 10:00 via litefinance.org
  
  Dear clients,LiteFinance is pleased to announce a significant update to the cTrader trading terminal (desktop version for Windows). This update includes numerous new features and enhancements aimed at improving user convenience and expanding trader capabilities.Key Changes:Separation of the cTrader cAlgo Development Area into a Standalone ApplicationcTrader Automate is now a standalone application integrated with the trading terminals. This allows traders to develop and test their algorithms sep
  
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• Short-term analysis for BTCUSD, XRPUSD, and ETHUSD for 24.06.2024

  24-06-2024 09:04 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 BitcoinThe second part of a bullish impulse – corrective wave (2) – is presumably unfolding in the last segment of the BTCUSD's chart. This correction has a complex inner structure that looks like a triple zigzag W-X-Y-XX-Z. Subwaves XX and Z are expected to form soon, while the whole correction may end at 62416.06, where the size o
  
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• EURUSD: It never rains but it pours. Forecast as of 24.06.2024

  24-06-2024 08:33 via litefinance.org
  
  French political drama and widening divergence in US and Eurozone PMIs pushed EURUSD quotes below 1.07. Will the major currency pair hit the bottom? Let's discuss this topic and make a trading plan.Weekly fundamental forecast for euroIt is a well-established fact that politics has a profound impact on the economy, particularly through financial markets. This is evident in the rise in borrowing costs, which in turn affects government debt service and slows down GDP. Additionally, politics influen
  
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• BOJ discussed possibility of further rate hikes at June meeting

  24-06-2024 02:49 via rocketnews.com
  The Bank of Japan’s policy board discussed the possibility of raising interest rates further amid concerns over lingering inflationary pressure, according to a summary of opinions from its latest meeting released Monday.
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  [mwai_chat context=”Let’s have a discussion about this article:nnThe Bank of Japan’s policy board discussed the possibility of raising interest rates further amid concerns over lingering inflationary press
  
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