Analyst news

• Levi’s sales miss expectations, and jeans maker forecasts higher costs for marketing and logistics

  26-06-2024 22:57 via rocketnews.com
  Levi Strauss & Co. stuck with its full-year sales outlook, helped by demand for new denim and women’s clothing, but the jeans maker’s quarterly sales just missed expectations, and it said it expected higher costs from marketing and a change in how it plans to store and ship clothing.
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  [mwai_chat context=”Let’s have a discussion about this article:nnLevi Strauss & Co. stuck with its full-year sales outlook, helped by
  
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• Rivian’s VW partnership seen as ‘game changer’ for EV maker’s prospects

  26-06-2024 17:49 via rocketnews.com
  Rivian Automotive Inc. drew praise from at least two analysts on Wednesday as its stock rallied in premarket trades on the electric vehicle maker’s joint venture with German care giant Volkswagen.
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  [mwai_chat context=”Let’s have a discussion about this article:nnRivian Automotive Inc. drew praise from at least two analysts on Wednesday as its stock rallied in premarket trades on the electric vehicle maker’s joint venture wi
  
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• OMG Network Price Prediction for 2024, 2025, 2026-2030 and Beyond

  26-06-2024 16:36 via litefinance.org
  
  The OMG Network, originally known as OmiseGo, is a pioneering scalability solution for the Ethereum blockchain, designed to enable faster and more cost-effective transactions. Launched with much anticipation, the project successfully raised over $25 million during its Initial Coin Offering (ICO) in 2017, signaling strong investor confidence and market interest. However, like many of its contemporaries, OMG has experienced its fair share of market volatility, influenced by broader crypto market t
  
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• World stock market holidays: July 2024

  26-06-2024 16:14 via litefinance.org
  
  Dear clients,Please get acquainted with upcoming changes in LiteFinance’s trading schedule this month.Hong Kong Special Administrative Region Establishment Day, 01.07.2024Trading instrument Closure Resumption HK50 28/06/2024 23:59:59 02/07/2024 4:15:00
  Independence Day, US, 04.07.2024Trading instrument Early closure Resumption XAUUSD 04/07/2024 20:15:00 05/07/2024 1:00:00 XAGUSD 04/07/2024 20:15:00 05/07/2024 1:00:00 XAUEUR 04/07/2024 20:15:00 05/07/2024 1:00:00 NI225 04/07/2024 20:00:00 0
  
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• Economic calendar for the week 01.07.2024 – 07.07.2024

  26-06-2024 14:59 via litefinance.org
  
  The dollar and its DXY index finished the first half of the year with an growth of approximately 4%. What the second half of the year will be like depends on many factors, primarily on the Fed’s monetary policy. Now many market participants are predicting the first interest rate cut in September. Although, some economists believe that this year the Fed will refrain from easing its policy parameters altogether.The first week of the 2nd half of the year, the 3rd quarter and July will see the
  
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• Rivian’s VW partnership seen as ‘game changer’ for the company’s prospects

  26-06-2024 14:07 via rocketnews.com
  Rivian Automotive Inc. drew praise from at least two analysts on Wednesday as its stock rallied in premarket trades on the electric vehicle maker’s joint venture with German care giant Volkswagen.
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  [mwai_chat context=”Let’s have a discussion about this article:nnRivian Automotive Inc. drew praise from at least two analysts on Wednesday as its stock rallied in premarket trades on the electric vehicle maker’s joint venture wi
  
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• Greenlight Capital’s clash with ex-staffer has hurt its business, lawsuit says

  26-06-2024 14:03 via rocketnews.com
  Greenlight Capital has said an ongoing spat with one of its former staffers over his job title is hurting its business, deterring investors from putting money in the multi-billion-dollar hedge fund and hindering its ability to recruit new employees.
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  [mwai_chat context=”Let’s have a discussion about this article:nnGreenlight Capital has said an ongoing spat with one of its former staffers over his job title is hurting its business, det
  
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• First Biden-Trump debate of 2024: How inflation and your money worries will take the spotlight

  26-06-2024 13:00 via rocketnews.com
  With Americans still hurting from weathering the highest inflation rate in 40 years, pocketbook issues look set to play a big role in Thursday night’s presidential debate between Joe Biden and Donald Trump.
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  [mwai_chat context=”Let’s have a discussion about this article:nnWith Americans still hurting from weathering the highest inflation rate in 40 years, pocketbook issues look set to play a big role in Thursday night’s pre
  
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• Why inflation could take several years to get back to 2%

  26-06-2024 12:00 via rocketnews.com
  A senior research economist at the Federal Reserve’s Cleveland branch, Randal Verbrugge, says the intrinsic characteristics of inflation make it unlikely to get down to the Fed’s 2% target in a timely way.
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  [mwai_chat context=”Let’s have a discussion about this article:nnA senior research economist at the Federal Reserve’s Cleveland branch, Randal Verbrugge, says the intrinsic characteristics of inflation make it unli
  
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• Aussie becomes black sheep on Forex. Forecast as of 26.06.2024

  26-06-2024 11:57 via litefinance.org
  
  If most central banks loosen their monetary policies and the RBA resumes the rate hike cycle, it will be the right time to buy AUDUSD, as divergence will do the trick. Let's discuss this topic and make a trading plan.Weekly Australian dollar fundamental forecastCentral banks have adopted a "hawkish cut" strategy, where rates are trimmed, accompanied by rhetoric to dissuade the market from expecting any more rate cuts soon. Regulators prefer to wait for evidence of progress in disinflation before
  
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• Short-term analysis for oil, gold, and EURUSD for 26.06.2024

  26-06-2024 10:13 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 falls within a short-term downtrend.Oil price forecast for today: USCrude analysisThe oil price failed to break through the Target Zone 82.34 - 81.44 and is now trading in correction. If the correction continues, the price will test the support (A) 7
  
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• Short-term analysis for BTCUSD, XRPUSD, and ETHUSD for 26.06.2024

  26-06-2024 09:01 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 complex corrective wave [4] presumably continues developing as a triple three pattern (W)-(X)-(Y)-(XX)-(Z). Its four parts have been fully completed. The actionary wave (Z) may be developing at the moment and is likely to end as a double zigzag at the low of 56457.74.Trading plan for BTCUSD for today:Sell 61513.50, Take profit: 56457.74Elliott
  
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• US dollar braces for hard landing. Forecast as of 26.06.2024

  26-06-2024 08:30 via litefinance.org
  
  The fresh US statistics show that the economy is slowing down. However, the Fed is stubbornly unwilling to speculate on the timing of rate cuts. On the contrary, it is determined to keep them elevated for an extended period. Will this approach lead to a recession? Let's discuss this topic and make a trading plan for EURUSD.Weekly US dollar fundamental forecastA deceleration in the US economy alone is insufficient to weaken the US dollar. The key lies in the Federal Open Market Committee (FOMC) f
  
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• Investors still don’t appreciate Gap’s turnaround — but retailer’s room for error is shrinking, analysts say

  26-06-2024 04:55 via rocketnews.com
  Gap Inc. stands to gain from the back-to-school season, increasing relevance at its namesake stores, a product refresh at its Old Navy stores and early signs of improvement at its fitness brand Athleta, TD Cowen analysts said Tuesday.
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  [mwai_chat context=”Let’s have a discussion about this article:nnGap Inc. stands to gain from the back-to-school season, increasing relevance at its namesake stores, a product refresh at its Old Navy sto
  
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