US mid terms loom as a potential catalyst for equities.

The US midterm elections are coming up next week on 8 November and have the potential to have a big say on the direction and volatility of the US and global markets. All the 435 seats in the House of representatives will be decided upon. Currently, the makeup of the house includes 220 Democrats, 212 republicans and 3 vacant seats.   The ...

November 4, 2022
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Is Bitcoin in a league of its own?

Bitcoin, the currency of tomorrow, a new age currency, has seen some severe ups and downs over the last few years. From reaching highs of nearly 70,000 dollars to dropping to lows of 17,000 the volatility and action around the cryptocurrency has been startling. Even compared to other traditional currencies the range and volatility of the price has ...

November 4, 2022
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Bank of England announces biggest single rate hike in 33 years

Another day, another hike. On Wednesday, the US Federal Reserve announced its latest policy decision to raise its interest rates from 3.25% to 4%, to its highest level since January 2008. On Thursday, it was the Bank of England's turn to announce its decision. As expected, the central bank raised its interest rates by 0.75% to 4%. It was the hig...

November 4, 2022
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Airbnb sets a new quarterly record – disappoints on guidance

Airbnb Inc. (NAS:ABNB) reported its latest financial results after the closing bell in the US on Tuesday. World’s second largest online travel company beat both revenue and earnings per share (EPS) estimates for the quarter. Revenue reported at $2.884 billion (up by 29% year-over-year) vs. $2.852 billion expected. EPS at $1.79 per share ...

November 3, 2022
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ASX200 breaks out on the back of softer RBA softer interest rate hike

The ASX200 has seen some positive price action in recent weeks as the Australian equities market has benefited from relatively weaker inflation then much of the rest of the world. With the Reserve Bank of Australia, (RBA) only increasing interest rates by 25 bps at each of its last two meeting, the country’s central bank has seemingly chosen that...

November 2, 2022
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Shares of Pfizer rise as Q3 earnings beat estimates

Shares of Pfizer rise as Q3 earnings beat estimates Pfizer Inc. (NYSE:PFE) reported its latest financial results for the third quarter before the opening bell on Tuesday in the US. The US pharmaceutical company reported revenue of $22.638 billion (down 6% year-over-year) vs. $21.072 billion expected. Earnings per share reported at $1.78 pe...

November 2, 2022
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NIO October delivery numbers have arrived – the stock is up

NIO Inc. (NYSE:NIO) reported its latest delivery numbers for October on Tuesday. The Chinese electric vehicle company delivered 10,059 cars last month – up by 174.3% year-over-year. The deliveries in October consisted of: 5,979 premium smart electric SUV’s 4,080 premium smart electric sedans Production and deliveries were impac...

November 2, 2022
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NIO October delivery numbers have arrived – the stock is up

NIO Inc. (NYSE:NIO) reported its latest delivery numbers for October on Tuesday. The Chinese electric vehicle company delivered 10,059 cars last month – up by 174.3% year-over-year. The deliveries in October consisted of: 5,979 premium smart electric SUV’s 4,080 premium smart electric sedans Production and deliveries were impac...

November 2, 2022
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Understanding Retail Sales

Retail sales play a fundamental role in shaping the economic landscape of any country. These sales represent the culmination of consumer demand for finished products, serving as a barometer for economic health and a predictor of market trends. In the United States, this vital metric is meticulously tracked and reported monthly by the U.S. Census Bu...

November 1, 2022
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What Is the Consumer Price Index (CPI)?

CPI is a globally recognised economic indicator used by many countries to measure inflation and assess changes in the cost of living for their citizens. It evaluates the average change over time in the prices paid by urban consumers for a market basket of consumer goods and services, such as food, clothing, rent, healthcare, entertainment, and tran...

November 1, 2022
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Buying entry forming on EUR/NZD?

The EUR has been rebounding strongly on the back of being sold off for much of the year. With inflation at record highs and a cost of living and energy crisis, the currency has become extremely weak, even dropping below parity with the USD. However, in recent week, the EUR has begun putting in a bottom. The ECB last night decided to raise their off...

October 28, 2022
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Why you need to be aware of Stop Loss Hunting

  Stop loss hunting is frustrating, annoying and can be detrimental to any retail trader. The premise of stop hunting is that large systemised institutional trading strategies know where the average retail trader or most traders will set stop losses and therefore profit off triggering these ‘stops. Their own algorithm will then deliberate...

October 28, 2022
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Boeing’s Q3 results have landed – the stock is down

The Boeing Company (NYSE:BA) announced Q3 earnings results before the market open in the US on Wednesday. The world’s largest aerospace company reported revenue that missed analyst expectations at $15.956 billion (up by 4% year-over-year) vs. $17.911 billion estimate. The company reported a loss per share of -$6.18 per share vs. $0.132 earn...

October 27, 2022
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Short term break out on the EURUSD

The EURUSD is showing some signs of a potential short term break out on the daily and 4-hour time price charts. This is largely a technical breakout, although it is also supported by a shift in sentiment towards growth assets and away from the USD in the last week.   Technical Analysis       The daily cart show...

October 26, 2022
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Coca-Cola tops Wall Street Q3 estimates

Coca-Cola tops Wall Street Q3 estimates The Coca-Cola Company (NYSE:KO) reported Q3 financial results before the market open on Tuesday. The US beverage company posted solid results for the quarter, beating Wall Street analyst estimates for both revenue and earnings per share (EPS). Revenue reported at $11.063 billion (up by 10% year-over-...

October 26, 2022
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