<p>After the close, both Microsoft and Alphabet will announce their latest results. What are analysts expecting?</p><ul><li>Adjusted Earnings Per Share (EPS): Expected $2.77, up from $2.32 in the same quarter last year. That is an increase of 19.39%</li><li>Revenue: Expected $61.14 billion, up from $52.7 billion
Blogs
ECB’s Nagel: Inflation is absolutely moving in the right direction
<p>Nagel has been more on the hawkish side but with the IMF forecasting just 0.8% growth in Germany this year and another sluggish one in 2025, it's hard to be hawkish.</p> This article was written by Adam Button at www.forexlive.com.
European equity close: Italy and Spain lead the gains on the day. Modest monthly gain
<p>The S&P 500 has just climbed into positive territory and set a new intraday record high. We're not just 70 points from 5000. Meanwhile, Europe continues to chug along with the third straight month of gains.</p><p>On the day:</p><ul><li>Stoxx 600 +0.4%</li><li>German DAX +0.2%</li>
Oil reverses losses to climb $1 with the US set to respond in the Middle East
<p>There has been no lack of oil news so far this year.</p><p>Headlines from the Red Sea and Middle East have been non-stop and the situation has undoubtedly worsened. However oil has struggled to maintain a bid on shipping woes as we saw as this week's pop was faded immediately after the Sunday open.</p><p>Today
AUDUSD range gets more confined. That has traders anticipating a move outside the range.
<p>The last few weeks in the AUDUSD has seen the trading range get progressively more confined. The range last week was only about 75 pips. This week, the range is only about 50 pips over the first two trading days of the week. </p><p>When the market non-trends in up-and-down trading, that will eventually move to […]
Biden: We do not need a wider war in the Middle East
<p>It sounds like the bombs will be flying imminently.</p><p>The question here is whether Biden bombs anything in Iran directly and how hard. If the bombs are only in the Syria and border region then I don't think this will amount to much.</p><p>However the US military isn't exactly known for having a light t
Dallas Fed Texas service sector outlook index -9.3 vs -8.8 prior
<ul><li>Dallas Fed Texas service sector revenue index -3.6 vs +4.0 prior</li><li>Prior service sector revenue index was -3.6</li><li>General business outlook -9.3 vs -8.8 prior</li></ul><p>This is a low key indicator but there's some softening there.</p> This article was written by Ad
The EUR is the strongest and the AUD is the weakest as the NA session begins
<p>The EUR is the strongest and the AUD is the weakest as the North American session begins. The USD is mostly higher to start the day as a FOMC starts or two day meeting before announcing their interest rate decision tomorrow at 2 PM ET. Expectations are for no change in rates, but market participants […]
US jobs data time is upon us again
<h2>Take part in our US NFP competition</h2> <p>Here we go again with the first NFP reading for 2024 as we get the January jobs numbers. This gives you a chance to take part in our NFP competition where 3 lucky winners will each receive a free month’s access to the <a href="https://www.forexanalytix.com/">For
What Is The Currency Strength Indicator?
<p>You may have noticed that every time you exchange a local currency for an international currency, you don’t receive the same amount in the different denominations, there is a certain discrepancy in the number of banknotes. The reason is the exchange rate that determines the worth of a particular currency in association with other currencie