News & Analysis

Stay on top of the news that directly impacts the Forex, Index and Commodity markets.

News & Analysis

Stay on top of the news that directly impacts the Forex, Index and Commodity markets.

JPMorgan Q4 results are in

The world’s largest financial services company, JPMorgan Chase & Co. (JPM) reported its 2021 Q4 financial results before the opening bell on Wall Street on Friday. The company reported total revenue of $29.257 billion in the fourth quarter o...

January 17, 2022
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Citigroup reports Q4 results

Citigroup Inc. (C) reported its 2021 Q4 earnings before the opening bell on Friday. The world’s 15th largest financial services company topped Wall Street analyst expectations. The company reported total revenue of $17 billion in Q4 vs. analyst ...

January 17, 2022
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Nike latest numbers are in

Nike Inc. (NKE) reported its fiscal 2022 financial results for its second quarter ended November 30, 2021. Let’s take a closer look at the numbers. The US sporting goods company reported revenue of $11.36 billion in the quarter (up by 1% from th...

December 21, 2021
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Up next: the Bank of Canada rate decision

One of the must-watch economic events this week will be the Bank of Canada interest rate decision. The rate decision is due to be announced at 15:00 pm London time on Wednesday. Why is the announcement important? A bank interest rate is a rate ...

December 8, 2021
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Omicron and inflation fears driving global markets

Market sentiment soured last week with global equity markets mostly finishing lower in a volatile week. The risk off market narrative also saw FX traders flock to the US dollar which soared against the commodity and risk sensitive AUD and NZD in p...

December 6, 2021
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Preview: Non-Farm Payroll Announcement

It’s the beginning of a new month which means that the Non-Farm Payroll figures will be released this week by the US Bureau of Labor Statistics. The latest US jobs data for November will be released at 13:30 PM London time on Friday. Why is the ...

December 3, 2021
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NIO sets a new record

NIO Inc. (NIO) reported its latest delivery numbers for November on Wednesday, setting a new monthly following disappointing results in October. The Chinese electric vehicle company delivered 10,878 cars last month – an increase of 105.6% year-o...

December 2, 2021
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Markets stage comeback rally as COVID fears ease.. for now

After Fridays steep decline on concerns of a resurgent COVID strain, global markets staged a comeback rally on Monday. Dip buyers appeared after investors reassessed their worst-case scenarios on the back of reassuring news that the threat from the o...

December 1, 2021
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NIO and Shell announce an agreement

Last week, NIO announced that they have entered into a strategic agreement with Shell, the largest gasoline retailer in the world. The latest move is a boost for NIO to further establish themselves in the electric vehicle industry. The agreement i...

December 1, 2021
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Zoom beats estimates

Zoom Video Communications Inc. (ZM) reported its latest financial results after the closing bell on Monday. The US based company, which offers a cloud-based video conferencing service topped analyst expectations for the third fiscal quarter ended ...

November 24, 2021
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JD.com Q3 numbers exceed expectations

JD.com Inc. (JD) announced its third-quarter earnings numbers on Thursday, beating analyst estimates. The Chinese e-commerce company reported revenue of $33.91 billion in the third-quarter (up by 25.5% from the same period last year) vs. forecast ...

November 19, 2021
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Macy’s blows past Wall Street expectations in Q3

Macy’s Inc. (M) posted its third-quarter results on Thursday. The US retailer which consist of three retails brands – Macy’s, Bloomingdale’s and Bluemercury posted better than expected results in previous quarter, sending the stock price high...

November 19, 2021
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Alibaba financial numbers fall short of expectations

Alibaba Group Holding Ltd. (BABA) reported its latest financial results for the quarter ended September 30, 2021 before the market open on Thursday. The Chinese e-commerce giant posted disappointing results, falling short of analyst expectations. ...

November 19, 2021
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NVIDIA beats expectations in Q3

NVIDIA Corp. (NVDA) reported its third-quarter financial results after the closing bell on Wednesday. The US technology company beat Wall Street expectations on both revenue and earnings per share. NVIDIA reported a record revenue of $7.103 bil...

November 19, 2021
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Walmart tops Wall Street expectations

Walmart Inc. (WMT) reported its third-quarter earnings before the market open on Tuesday. The largest retailer in the world beat Wall Street analyst expectations. Total revenue was at $140.5 billion in the quarter (up by 4.3% year-over-year) vs. $...

November 17, 2021
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