Month: November 2024

Credit Agricole argues that despite similarities, 2025 will not be a redux of the USD’s 2018 rally driven by Trump-era policies. Differences in economic conditions, monetary policy, and the USD’s current strength suggest that the dynamics underpinning the dollar’s movement will differ significantly from 2018. Key Points: Divergent Economic and Monetary Conditions: In 2018, strong
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ETMarkets.com| Nov 15, 2024, 10:06:46 AM IST 1/7 5 Essential Pillars of Fundamental Analysis Analyzing a company’s fundamentals is the foundation of informed investing. ETMarkets engaged with Raj Vyas, Vice President of Research at TejiMandi, to delve into five essential pillars of fundamental analysis: Sales Growth, Operating Margins, Cash Profits, Debt Levels, and Valuation. iStock
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In this article RKLB Follow your favorite stocksCREATE FREE ACCOUNT Rocket Lab Rocket Lab shares jumped in post-market trading after the company reported third-quarter results and announced its first customer for its coming Neutron vehicle. The space infrastructure company reported third-quarter revenue increased to $104.8 million, up 55% from $67.6 million for the same period
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GBP/USD Price Forecast: Stumbles on soft UK data, bears target 1.2600 The Pound Sterling extends its agony and printing losses for the sixth straight day against the Greenback. Soft UK GDP coupled with robust US Retail Sales figures boosted the US Dollar and weighed on GBP/USD, which trades at 1.2636, down 0.22%. Read More… GBP/USD resumes downside bias after release
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The shine of the election has run into uncertainty about tariffs and elevated P/Es. Pretty much all the gains after the open on post-election morning are now gone and the S&P 500 is now threatening the opening gap while the Nasdaq has already taken a decent bite. Trump’s cabinet picks are leaning heavily on “promises
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Written by , ETMarkets.com| Nov 15, 2024, 12:53:35 PM IST 1/11 Stock Ideas Amid recent market corrections, Jefferies has highlighted 10 stocks with strong potential for recovery, recommending a ‘Buy the Dip’ strategy. Stocks such as Hindustan Aeronautics (HAL), Punjab National Bank (PNB), and IDFC First Bank stand out, with their valuations down significantly from their
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The USD retreated on Friday after hitting yearly highs near 106.60. The market has responded to Fed Chair Powell’s comments with odds of a December cut falling to 60%. Retail Sales expanded by 0.4% in October vs. the previous month, surpassing expectations. The US Dollar Index (DXY), which measures the value of the USD against
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I’ve been pounding the table for awhile on USD/CAD longs and it’s all come together in the past two months, with a one-way move up through a series of highs in the 1.3950 range. Now the pair has clearly broken out and it’s due to a soft Canadian economy and a surprisingly strong one in
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Written by , ETMarkets.com| Nov 15, 2024, 04:37:27 PM IST 1/11 Portfolio Changes In October, mutual funds made significant adjustments to their portfolios by adding and reducing holdings in several small-cap stocks. Notable acquisitions included Sansera Engineering, Sundaram Clayton, and Sky Gold, while key reductions were seen in Orient Cement, Ashoka Buildcon. Here is a list
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Alibaba Offices In Beijing Bloomberg | Bloomberg | Getty Images Chinese e-commerce behemoth Alibaba on Friday beat profit expectations in its September quarter, but sales fell short as sluggishness in the world’s second-largest economy hit consumer spending. Alibaba said net income rose 58% year-on-year to 43.9 billion Chinese yuan ($6.07 billion) in the company’s quarter
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The forex market entered a phase of relative calm during Asian session today, with major currency pairs and crosses having limited movement. The Dollar softened slightly overnight with to retreat in US Treasury yields, but the losses have been minimal. The greenback found support from Fed Chair Jerome Powell’s comments that Fed is not in
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