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Equities rise, RBA warns… but no one listens. | MarketTalk: What’s up today? | Swissquote

Equities rise, RBA warns… but no one listens. | MarketTalk: What’s up today? | Swissquote

10m 32s

The week started on a positive note for the global equities which continue to surf on the optimism that the Federal Reserve’s (Fed) next move won’t be a rate hike, which I think is overdone and that next week’s US inflation data could be a rude awakening.
In the Middle East, tensions remain. US crude remains bid near the 100-DMA – and near oversold market conditions – as Israel refused a ceasefire deal and is preparing for a big offensive in Rafah.
In central banks, the Reserve Bank of Australia (RBA) left its policy rate unchanged today and warned that...

Fed doves come back in charge after Friday’s soft jobs data | MarketTalk: What’s up today? | Swissquote

Fed doves come back in charge after Friday’s soft jobs data | MarketTalk: What’s up today? | Swissquote

10m 37s

Friday’s US jobs data brightened up the mood among Federal Reserve (Fed) doves, as both the NFP, unemployment rate and wages pointed at a slowing labour market in April. Stocks and bonds gained, while the US dollar weakened.
This week, the Reserve Bank of Australia (RBA) is expected to sound hawkish, while the Bank of England (BoE) could give a clearer road map regarding its easing plans. The divergence among central banks make the FX markets full of opportunities for investors.
In equities, last week’s dovish Fed pricing and better-than-expected earnings from Apple and Amazon helped the S&P500 eke out...

Apple jumps on better-than-expected Q1 results. All eyes on US jobs data! | MarketTalk: What’s up today? | Swissquote

Apple jumps on better-than-expected Q1 results. All eyes on US jobs data! | MarketTalk: What’s up today? | Swissquote

10m 23s

Sentiment is not bad for a week which confirmed that the Federal Reserve (Fed) won’t cut the interest rates anytime soon. US futures are up in the wake of better-than-expected Apple results, and ahead of today’s much-important US jobs data. The jobs data will be more important this time than in the past due to increased uncertainty regarding the future of the Fed policy. The US economy is expected to have added around 240K new nonfarm jobs in April, the average pay is expected to have grown slightly slower on a yearly basis, and the unemployment is seen steady at...

Chips, Cannabis and Apple | MarketTalk: What’s up today? | Swissquote

Chips, Cannabis and Apple | MarketTalk: What’s up today? | Swissquote

10m 54s

The Federal Reserve (Fed) decision yesterday was… interesting. As expected, the Fed kept its rates unchanged, said that they are not confident to cut the interest rates but announced the upcoming QT tapering. The market reaction to the decision was mixed. Stocks and yields fell, the US dollar eased and US crude slipped below $80pb.
In equities, Amazon gained more than 2%, AMD fell more than 9% as Super Micro Computer tumbled 14% as earnings missed lofty expectations. Fears regarding a slowdown in chip demand pulled Nvidia and Micron Technology down. Happily, Qualcomm rebounded 4% in the afterhours trading on...

Bitcoin ETF in China? | Crypto Talk | Swissquote

Bitcoin ETF in China? | Crypto Talk | Swissquote

8m 12s

While the Bitcoin price is crashing, some analysts think that the next big Bitcoin demand could come out of China. But how true is that?

00:00 Intro
00:29 Preview
00:44 Bitcoin
03:02 Ethereum
05:56 Avalanche
07:46 Subscribe & Good bye

#crypto #cryptonews #cryptotrading #swissquote

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Is the Fed still on track for a 2024 cut? | MarketTalk: What’s up today? | Swissquote

Is the Fed still on track for a 2024 cut? | MarketTalk: What’s up today? | Swissquote

10m 12s

Mood among investors is not cheery into the Federal Reserve’s (Fed) latest monetary policy decision due later today. And it’s understandable. The Fed must respond to three straight month jump in inflation and probably take a step back in its plans to cut the interest rates this year.
If the first few months of the year ended in tears for the Fed doves, the AI-related stocks lived up to very high expectations in the Q1. All the Maginficent 7 stocks that reported earnings so far – except from Tesla – surpassed high market expectations. Amazon posted the best beat among...

Robust earnings defy fading Fed cut expectations. Amazon to report next! | MarketTalk: What’s up today? | Swissquote

Robust earnings defy fading Fed cut expectations. Amazon to report next! | MarketTalk: What’s up today? | Swissquote

10m 52s

Tesla jumped 15% on Monday after Elon Musk’s surprise visit to China resulted in a partnership with Baidu’s maps and navigation features that cleared the way for Tesla’s full-self driving cars in China. The S&P500 advanced 0.32% while Nasdaq 100 gained 0.36% as the US 2-year yield remained a touch below the 5% level. The Federal Reserve (Fed) starts its two-day policy meeting today and deliver its latest policy verdict tomorrow. We are preparing to hear Jerome Powell ask for more patience and for more time to abate inflation.
Happily, the earnings season is going well. The latest stats suggest...

The USDJPY tests 160! | MarketTalk: What’s up today? | Swissquote

The USDJPY tests 160! | MarketTalk: What’s up today? | Swissquote

10m 46s

The S&P500 record its best performance since October 2023 despite unfavourable economic data for both the US economic outlook and Federal Reserve (Fed) expectations last week. Tech stocks led the rally, market reaction to Big Oil’s weak earnings was mixed wile Friday’s higher-than-expected core PCE print didn’t weigh much on investor sentiment, as most of the price action due to the inflation disappointment happened after Thursday’s GDP report.
This week, two more Magnificent 7 companies – Apple and Amazon – will report their Q1 earnings, the US will reveal the latest jobs data and the Fed will decide.
In currencies,...

AI saves day. | MarketTalk: What’s up today? | Swissquote

AI saves day. | MarketTalk: What’s up today? | Swissquote

10m 24s

Facebook’s Meta went on a 10% freefall yesterday, even after the company announced better-than-expected earnings, but didn’t pull the rest of the tech stocks down with it yesterday. Nvidia gained more than 3% while Tesla jumped another 5% - don’t ask me why.
On the macroeconomic stage, the news were not bright. The first estimate for the US Q1 growth showed that the US economy slowed way more than expected in Q1 and threw a wrench into the soft-landing dream and sparked fears of stagflation, where the economy slows down while inflation persists – which would force the Fed to...

The moral of the story: high expectations are hard to beat | MarketTalk: What’s up today? | Swissquote

The moral of the story: high expectations are hard to beat | MarketTalk: What’s up today? | Swissquote

10m 13s

Meta fell 15% in the afterhours trading despite earnings beat as investors didn’t like the weaker-than-expected revenue forecast for the current quarter and even less the news that the company will be spending more money to improve its AI capabilities. Tesla jumped 12% regardless of revenue miss. Google, Microsoft and Intel are due to report today.
So far, we observe that the high expectations have played tricks on stock valuations and the first set of earnings reactions warn that even strong results from Big Tech may not suffice to send their stock prices higher – if we start seeing growth...