G-20 leaders see growth rising in second half of year, after IMF cut growth forecasts on trade tariffs Dovish central banks could keep equities pushing higher Dollar, Treasurys, gold drop Though the International Monetary Fund (IMF) announced midweek it had cut its 2019 global growth outlook to 3.3% from 3.5%, G-20...
With equity markets having regained their momentum as they approach record high levels, this coming week will be all about corporate America. Some of the largest U.S. companies are scheduled to report first quarter earnings amid fears of economic slowdown and an earnings recession. Investors will be keen to...
Once again, OPEC is cutting production in shocking style, and again hedge funds are responding by pushing oil prices to higher levels each week. And once again, the seeds to the next crude market destruction are possibly being planted without many realizing it, until the implosion catches everyone...
While Airbus (PA:), (OTC:) and Boeing (NYSE:) shares posted neck-and-neck gains in the first two months of the year, the recent divergence in their stock price performance may indicate that the European aircraft maker is developing a competitive edge. Boeing Weekly TTM Though Airbus’s management said it doesn’t seek to...
JPMorgan Chase (NYSE:) is expected to report Q1 earnings on Friday before the market opens. Consensus is for EPS of $2.36 on revenue of $28.47 billion. The bank had beaten expectations in all for three straight years up to last quarter, in which it missed both. Was that...
* Reports Q1 2019 results on Friday, April 12 before the market opens* Revenue expectation: $28.45 billion* EPS expectation: $2.35 Wall Street’s powerhouse commercial and investment bank, JPMorgan Chase & Co. (NYSE:), has much at stake when it reports its tomorrow. Investors are keenly watching if the earnings...
Forecasts for air both cool and warm will continue to challenge investors in pricing this week, as the market prepares to receive data likely to show the second storage build for spring. The U.S. Energy Information Administration is expected to say in its weekly gas report due at...
Oil prices are rising, with now safely above $60 per barrel and surpassing $70 per barrel. President Donald Trump has already made his dislike of higher oil prices clear, but his policies are a significant contributor to the rise in prices: oil sanctions imposed by the...