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Key Stories from the past week: Stocks climb on trade war optimism
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It has been the busiest week of the earnings season with 180 companies from S&P500 and 91 companies Euro Stoxx 600 reporting. Overall earnings continue to look solid, while the near-term outlook looks cloudier as tariff concerns still dominate headlines. Big week of reporting from Big Tech Microsoft, Meta, Amazon and Apple all reported this week setting the tone for investor confidence across the globe and boosting US benchmarks. AI spend remains a focus with no signs of capex fatigue, but tariff risks encourage caution. Big Tech Earnings Obesity drug war intensifies Eli Lilly sales soared 45% on weight loss drug demand, but the shares still fell 12% as CVS Health Corp announced a plan to drop Lilly weight-loss drug Zepbound from its preferred list, making rival Novo Nordisk’s Wegovy more widely available. Novo Nordisk strike back Tariff uncertainty blights the car manufacturers General Motors Q1 results beat estimates but the car maker is forced to suspend guidance and pause buybacks due to tariff uncertainty. Stellantis and Mercedes-Benz follow General Motors in deciding to withdraw outlooks. Volkswagen, who reported an earnings drop of 40% YoY, did offer a forecast of 5% sales growth in 2025. This does not include any impact from tariffs recently announced. Trump softens blow of automotive tariffs Market activity boosts bank earnings Several European banks published strong Q1 earnings aided by recent market volatility and through cost saving measures. HSBC reported Q1 pretax profit $9.48bn, above estimates, with $3bn buyback and restructuring to save $1.8bn over two years. Deustche Bank reported highest profit in 14 years with the group is on track for delivery on all 2025 targets. Other banks to beat were UBS, Soc Gen, ING Groep, Barclays, Standard Chartered. UBS profit boosted by 'huge' spike in client activity, but uncertainty looms Next week markets will zero in on policy rate decisions from the Fed on Wednesday and BoE of Thursday. The former is expected hold steady, while the latter is fully priced for a 25bps cut. China will publish a trade report on Friday which will likely show an initial hit from the escalating trade war. Earnings season also rolls on with the like of Palantir on Monday, AMD on Tuesday, and Novo Nordisk, Uber, Disney and Arm Holdings all on Wednesday.
By: Jaxon Maddox
Posted on : May 03 2025
META Share Price Rises Cautiously Ahead of Earnings Report
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As shown on the Meta Platforms (META) chart, the share price rose by approximately 1% yesterday. This movement was supported by the announcement of the launch of the Meta AI app—an artificial intelligence-based application that will function as a personal assistant on mobile phones (similar to Google Gemini)
By: Lucas Bennett
Posted on : May 01 2025
Australia CPI expected to weaken further in Q1, paving way for rate cut in May
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Australia will release multiple inflation figures on Wednesday and financial markets anticipate price pressures easing further at the beginning of 2025, paving the way for additional Reserve Bank of Australia (RBA) interest rate cuts.
By: Thomas Wallace
Posted on : Apr 30 2025
"Iran Dangles 'Trillion Dollar' Incentive For Trump in Deal Talks"
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Bloomberg (gated) with the report, in brief:
- Iran is pitching a “trillion-dollar” investment opportunity to the US amid nuclear talks, aiming to ease sanctions and attract American industries to its energy and nuclear sectors.
- Tehran’s economic struggles have made it more open to cooperation, but corruption and deep mistrust still cloud the negotiations.
- The US insists Iran cannot develop nuclear weapons, keeping the final outcome uncertain.
Bloomberg cite unnamed sources.
If some sort of deal is reached it may prompt further oil supply to market.
This article was written by Eamonn Sheridan at www.forexlive.com.By: Jaxon Maddox
Posted on : Apr 29 2025
Newsquawk Week Ahead 28th April-2nd May 2025
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Newsquawk Week Ahead 28th April-2nd May 2025 Highlights: 28th April-2nd May 2025 Newsquawk Highlights include US NFP, ISM Mfg. PMI, PCE, GDP, BoJ, EZ CPI,...
By: Daniel Carter
Posted on : Apr 26 2025
US500 Price Action Near Upper Band
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S&P 500 Fed Speech Volatility Ahead The US500 CFD, more widely known as the S&P 500 Index and nicknamed “the Spoos” in futures pits, is the marquee gauge of U.S. equity performance and is quoted in forex platforms against the U.S. dollar. Heading into today’s session, sentiment hinges on a heavy U.S. macro docket: Cleveland […]
The post US500 Price Action Near Upper Band appeared first on Capitalcore LLC.
By: Daniel Carter
Posted on : Apr 24 2025
GBP/JPY Daily Outlook
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Daily Pivots: (S1) 188.59; (P) 188.92; (R1) 189.33; More… Range trading continues in GBP/JPY and intraday bias stays neutral. Risk will remain on the downside as long as 190.06 resistance holds. Below 184.35 will target 180.00 low. Nevertheless, break of 190.06 will turn bias back to the upside for stronger rebound. In the bigger picture, […]
The post GBP/JPY Daily Outlook appeared first on Action Forex.
By: Thomas Wallace
Posted on : Apr 22 2025
EUR/USD climbs as US Dollar weakens on trade tensions
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The Euro advances against the US Dollar in muted trading, as financial markets are closed on Good Friday. At the time of writing, the EUR/USD trades at 1.1385, up 0.21%, lacking the strength to break the elusive 1.14 mark.
By: Daniel Carter
Posted on : Apr 19 2025
Good Friday Trading Hours 2025
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Dear traders, Please note that the Metals market will be closed on April 18, in observance of Good Friday. We appreciate your understanding and recommend planning your trades accordingly. Warm regards, UnitedPips Ltd
The post Good Friday Trading Hours 2025 appeared first on UnitedPips Ltd.
By: John Matthews
Posted on : Apr 18 2025
Apple Wave Analysis – 16 April 2025
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Apple: ⬇️ Sell – Apple reversed from resistance level 210.00 – Likely to fall to support level 190.00 Apple earlier reversed down from the resistance zone between the resistance level 210.00 (former support from the start of March), 20-day moving.
By: Lucas Bennett
Posted on : Apr 17 2025