Analyst news

• Aussie at crossroads. Forecast as of 18.04.2024

  18-04-2024 11:56 via litefinance.org
  
  The Reserve Bank of Australia has ended its tightening cycle, but should rates be cut in 2024? Judging by inflation, it should. Judging by the labor market, it is too early for a rate cut. Let's discuss this topic and make a trading plan for AUDUSD.Weekly Australian dollar fundamental forecastShould the RBA diverge from the Fed or continue to follow the US regulator? This is the complex question that central banks are grappling with today. For instance, the Swiss National Bank eased its monetary
  
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• Short-term analysis for BTCUSD, XRPUSD, and ETHUSD for 01.05.2024

  01-05-2024 09:20 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 BitcoinA complex correction (4) continues forming in Bitcoin's chart. As part of it, an actionary wave Y is likely continuing developing. An impulse wave [C] of Y may end at 59,183.37, and the price will rise in linking wave XX. So, we can consider longs at the ending of the wave Y. A Take Profit can be set at 67,627.92, where the size of the w
  
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• Will the Fed take away the EURUSD's hope? Forecast as of 01.05.2024

  01-05-2024 08:54 via litefinance.org
  
  Although the Fed is expected to leave rates unchanged at the sixth consecutive meeting, a change in its outlook may deprive the EURUSD bulls of any hopes for a correction. Let’s discuss it and make a trading plan.Weekly fundamental forecast for euroDo nothing, and everything will be done, an ancient Chinese proverb says. The Fed follows that wisdom as it's ready to leave the fed funds rate unchanged at the sixth meeting in a row. Nevertheless, markets are bracing themselves for shocks. Opt
  
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• Short-term analysis for oil, gold, and EURUSD for 01.05.2024

  01-05-2024 08:50 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 short-term euro downtrend continues.Oil price forecast for today: USCrude analysisThe short-term trend reversed down yesterday. Support (B) 82.06 - 81.57 was broken out. Now the lower Target Zone 77.11 - 76.12 serves as the sales target. It is profit
  
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• Argentina president’s scaled-down economic package wins approval in lower house

  01-05-2024 05:16 via rocketnews.com
  Argentina President Javier Milei’s scaled-back package of reform measures designed to turn around an economy with the highest rate of inflation in the world won approval from in the lower-house of congress.
  Article Attribution | Read More at Article Source
  [mwai_chat context=”Let’s have a discussion about this article:nnArgentina President Javier Milei’s scaled-back package of reform measures designed to turn around an economy with the highest rate of inflation in the wor
  
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• Nvidia is chip sector’s only hope after AMD and Super Micro disappoint

  01-05-2024 03:14 via rocketnews.com
  Investors better hope that Nvidia Corp. exceeds Wall Street’s current expectations, after Tuesday’s disappointments by two other favored AI-related companies, Advanced Micro Devices and Super Micro Computer.
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  [mwai_chat context=”Let’s have a discussion about this article:nnInvestors better hope that Nvidia Corp. exceeds Wall Street’s current expectations, after Tuesday’s disappointments by two other favored AI-r
  
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• 401(k) plans lack one benefit that would make a big difference in retirement

  01-05-2024 00:01 via rocketnews.com
  While the U.S. retirement system relies on employer-provided 401(k) plans to help most workers save and invest for their golden years, few of these plans help retirees avoid outliving their old-age savings.
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  [mwai_chat context=”Let’s have a discussion about this article:nnWhile the U.S. retirement system relies on employer-provided 401(k) plans to help most workers save and invest for their golden years, few of these plans help retiree
  
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• MicroStrategy explains why bitcoin is better than stocks, bonds or gold

  30-04-2024 17:25 via rocketnews.com
  MicroStrategy Inc. is still a business-analytics software company, but executives spent a lot more time on the post-earnings call with analysts talking about bitcoin, which the company adopted as its primary treasury reserve asset in 2020.
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  [mwai_chat context=”Let’s have a discussion about this article:nnMicroStrategy Inc. is still a business-analytics software company, but executives spent a lot more time on the post-earnings call wit
  
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• Guns, transgender rights: The issues Trump and Biden voters care about most when deciding where to live

  30-04-2024 17:05 via rocketnews.com
  It’s not just about good schools and affordable homes — voters this election year say they are considering hot-button issues including abortion rights and gun control when deciding where they want to live.
  Article Attribution | Read More at Article Source
  [mwai_chat context=”Let’s have a discussion about this article:nnIt’s not just about good schools and affordable homes — voters this election year say they are considering hot-button issues including abortion
  
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• Economic calendar for the week 06.05.2024 – 12.05.2024

  30-04-2024 15:48 via litefinance.org
  
  The dollar has retained its position on the foreign exchange market after the Fed meeting that ended at the very beginning of the month. In the week of 06.05.2024 – 12.05.2024, the Reserve Bank of Australia and the Bank of England will hold their meetings on monetary policy issues, and their results will be of particular interest to market participants monitoring the quotes of the Australian dollar and pound. Market participants will also pay attention to the publication of important macro
  
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• Labor costs rise at fastest pace in year and a half, ECI shows, in setback to Fed effort to tame inflation

  30-04-2024 14:37 via rocketnews.com
  The cost of labor for U.S. companies accelerated in the first quarterat the fastest pace in a year and a half, complicating the Federal Reserve’s effort to get inflation fully under control
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  [mwai_chat context=”Let’s have a discussion about this article:nnThe cost of labor for U.S. companies accelerated in the first quarterat the fastest pace in a year and a half, complicating the Federal Reserve’s effort to get inflation f
  
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• Mexican peso loses its luster. Forecast as of 30.04.2024

  30-04-2024 12:12 via litefinance.org
  
  Mexico was able to kill two birds with one stone. The country's government maintained a free trade agreement with the US and Canada while Chinese factories were being built on its territory. Now, Mexico has to choose between these two options. Let's discuss the forex outlook and make a trading plan for USDMXN.Monthly fundamental Mexican peso forecastMexico's "super peso" has lost its luster. In mid-April, USDMXN quotes marked the best daily rally in four years amid the escala
  
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• Short-term analysis for oil, gold, and EURUSD for 30.04.2024

  30-04-2024 09:03 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.Euro quotes retreat from resistance (B) 1.0739 - 1.0727.Oil price forecast for today: USCrude analysisOil is falling and is once again testing the short-term uptrend's key support 82.06 - 81.57. From this area, consider buying the instrument with the fir
  
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• Euro received warning. Forecast as of 30.04.2024

  30-04-2024 08:58 via litefinance.org
  
  Yes, the American economy is strongest, but who said that domestic demand is the only reason for the CPI acceleration? The ECB cites several factors that could lead to such an outcome. Let's discuss the Forex outlook and make up a trading plan for EURUSD.Weekly Euro fundamental forecastThe acceleration in US inflation in the first quarter served as a warning to other central banks. While the American economy led the pack, who's to say that high prices can't return to the Eurozone? This circ
  
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• Short-term analysis for BTCUSD, XRPUSD, and ETHUSD for 30.04.2024

  30-04-2024 08:25 via litefinance.org
  
  I welcome my readers!I have prepared a short-term cryptocurrency forecast based on the Elliott wave analysis of Bitcoin, Ripple, and Ethereum. I offer entry signals to trade each cryptocurrency.Elliott wave Bitcoin analysisBitcoin continues to form correction (4) as a triple zigzag. Sub-waves W-X-Y have been completed. Now, the price is moving up in the linking wave XX. XX is expected to take the shape of a standard zigzag [A]-[B]-[C]. Correction [B] consisting of subwaves (A)-(B)-(C) conti
  
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• Why global gold demand marked its best first quarter in 8 years

  30-04-2024 08:00 via rocketnews.com
  Gold demand marked its strongest first quarter in eight years, buoyed by “healthy investment” from the over-the-counter market as well as central bank purchases, which saw their best start to any year on record, according to a report from the World Gold Council released Tuesday.
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  [mwai_chat context=”Let’s have a discussion about this article:nnGold demand marked its strongest first quarter in eight years, buoyed by “h
  
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• Paramount CEO Bob Bakish is stepping down, to be replaced by 3 executives

  30-04-2024 02:53 via rocketnews.com
  Media and entertainment giant Paramount Global on Monday said that Chief Executive Bob Bakish was stepping down and would be replaced by a three-person office intended to help “materially streamline operations.”
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  [mwai_chat context=”Let’s have a discussion about this article:nnMedia and entertainment giant Paramount Global on Monday said that Chief Executive Bob Bakish was stepping down and would be replaced by a three-pers
  
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• Coursera, Chegg stocks fall after weaker guidance for both edtech companies

  29-04-2024 23:06 via rocketnews.com
  Shares of Coursera Inc. and Chegg Inc. fell in the after-hours session Monday after both education-tech companies guided for weaker current quarters, and Chegg also announced a CEO change.
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  [mwai_chat context=”Let’s have a discussion about this article:nnShares of Coursera Inc. and Chegg Inc. fell in the after-hours session Monday after both education-tech companies guided for weaker current quarters, and Chegg also announced a CEO cha
  
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• Paramount’s Bakish is stepping down, and new CEO office aims to ‘materially streamline operations’

  29-04-2024 23:04 via rocketnews.com
  Media and entertainment giant Paramount Global on Monday said that Chief Executive Bob Bakish was stepping down and would be replaced by a three-person office intended to help “materially streamline operations.”
  Article Attribution | Read More at Article Source
  [mwai_chat context=”Let’s have a discussion about this article:nnMedia and entertainment giant Paramount Global on Monday said that Chief Executive Bob Bakish was stepping down and would be replaced by a three-pers
  
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• Guns, transgender rights, mail-in voting: The political issues Trump and Biden voters care about most when deciding where to live

  29-04-2024 22:24 via rocketnews.com
  It’s not just about good schools and affordable homes — voters this election year say they are considering hot-button issues including abortion rights and gun control when deciding where they want to live.
  Article Attribution | Read More at Article Source
  [mwai_chat context=”Let’s have a discussion about this article:nnIt’s not just about good schools and affordable homes — voters this election year say they are considering hot-button issues including abortion
  
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• War of words over Norfolk Southern board battle intensifies as railroad slams activist Ancora’s labor negotiation

  29-04-2024 20:42 via rocketnews.com
  The war of words in the board battle between Norfolk Southern Corp. and Ancora Holdings Group intensified Monday after the activist investor clinched the support of the Brotherhood of Locomotive Engineers and Trainmen Division of the International Brotherhood of Teamsters.
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  [mwai_chat context=”Let’s have a discussion about this article:nnThe war of words in the board battle between Norfolk Southern Corp. and Ancora Holdings Group inten
  
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• Ford’s ‘hands-free’ driver-assistance system under investigation

  29-04-2024 20:35 via rocketnews.com
  U.S. highway-safety regulators have opened an investigation into two accidents allegedly involving Ford Motor Co.’s BlueCruise advanced driver-assistance features, in which two Mustang Mach-Es collided with stationary vehicles in incidents that left three people dead.
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  [mwai_chat context=”Let’s have a discussion about this article:nnU.S. highway-safety regulators have opened an investigation into two accidents allegedly involving
  
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• After being neutral on Apple’s stock since 2018, here’s why one analyst changed his tune

  29-04-2024 19:01 via rocketnews.com
  An analyst who had spent more than six years on the sidelines on Apple Inc.’s stock just changed his tune, joining the bull camp in a note titled “Buy the fear.”
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  [mwai_chat context=”Let’s have a discussion about this article:nnAn analyst who had spent more than six years on the sidelines on Apple Inc.’s stock just changed his tune, joining the bull camp in a note titled “Buy the fear.”nnDiscussion:n
  
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• ‘My boss didn’t even know’: Tesla employees talk about being shocked at how they were laid off

  29-04-2024 18:49 via rocketnews.com
  ‘I got the email on my off day, and they sent it in the middle of the night — no warning,’ one former Tesla employee said about the April 15 layoffs
  Article Attribution | Read More at Article Source
  [mwai_chat context=”Let’s have a discussion about this article:nn‘I got the email on my off day, and they sent it in the middle of the night — no warning,’ one former Tesla employee said about the April 15 layoffsnnDiscussion:nn” ai_name=”Ro
  
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• Verizon Forecast: VZ Stock Price Prediction for 2024, 2025-2030 and Beyond

  29-04-2024 17:48 via litefinance.org
  
  Verizon Communications Inc. (#VZ), widely recognized for its attractive dividend yield, presents a multifaceted investment opportunity. Some analysts predict moderate growth, while others believe that the stock will be quite volatile due to market uncertainty. At the same time, investors wonder whether Verizon can offer more than consistent dividend income.While facing sector-wide challenges, the company's performance is underpinned by a solid foundation in terms of assets and equity, suggesting
  
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• Deutsche Bank shares slip after lender sets aside $1.4 billion to settle Postbank lawsuit

  29-04-2024 16:21 via rocketnews.com
  Deutsche Bank shares fell 8% on Monday after the German lender warned it could be forced to pay out up to €1.3 billion ($1.4 billion) to settle a lawsuit over claims it underpaid Postbank’s shareholders during its takeover of the lender in 2012.
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  [mwai_chat context=”Let’s have a discussion about this article:nnDeutsche Bank shares fell 8% on Monday after the German lender warned it could be forced to pay out up to €1.3
  
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• Long-term yields fall for second session as investors focus on Fed, jobs data and Treasury announcements

  29-04-2024 15:55 via rocketnews.com
  Rates on U.S. government debt moved slightly lower Monday morning as traders looked ahead to the Federal Reserve’s policy decision and April’s official jobs report later this week.
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  [mwai_chat context=”Let’s have a discussion about this article:nnRates on U.S. government debt moved slightly lower Monday morning as traders looked ahead to the Federal Reserve’s policy decision and April’s official jobs report late
  
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• Yen's sudden drop hits speculators. Forecast as of 29.04.2024

  29-04-2024 11:35 via litefinance.org
  
  The USDJPY pair's collapse would be unlikely without Tokyo's intervention. The pair has dropped like a stone, but some speculators expect to take advantage of the intervention and open long trades. Let's discuss this topic and make a trading plan. Let's discuss the Forex outlook and make up a trading plan.Weekly fundamental forecast for Japanese yenFor several weeks, the markets have been roiled by news of currency interventions by the government and the Bank of Japan. At the end of Ap
  
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• Philips shares soar 30% after U.S. litigation settlement far lower than feared

  29-04-2024 10:55 via rocketnews.com
  The company said it would pay $1.1 billion to resolve personal injury and medical monitoring litigation in the U.S. Worst-case expectations among analysts called for up to $10 billion.
  Article Attribution | Read More at Article Source
  [mwai_chat context=”Let’s have a discussion about this article:nnThe company said it would pay $1.1 billion to resolve personal injury and medical monitoring litigation in the U.S. Worst-case expectations among analysts called for up to $10 billion.nnDi
  
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• Euro doesn't want to go down. Forecast as of 29.04.2024

  29-04-2024 09:19 via litefinance.org
  
  No matter how much ECB officials declare independence, they will still follow the Fed. This is what the markets think and if they are correct, EURUSD will rise higher. Let's discuss the Forex outlook and make up a trading plan.Weekly Euro fundamental forecastThe quarterly PCE data as part of the GDP report and the March PCE data should have knocked out the bulls. However, both times they got up from their knees after being knocked down. Yes, the US stock indices helped the euro, but its buy
  
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