Insights from 16 firm convention calls: Whispers from firms that reported this week

I imagine that the most-underrated supply of knowledge on the financial system is from company convention calls, notably these which can be most-sensitive to macro. I went by means of the calls of 16 firms that reported this week and located…

ECB's Lagarde set to look on Bloomberg TV

I believe there's a probability that Lagarde strikes a more-dovish tone than yesterday however in all probability we are going to hear the identical issues about information dependence. Proper now the market is pricing in a 24% probability…

US inventory futures greater as Netflix rises 6.5%

S&P 500 futures are up 13 factors after touching a file excessive (after which fading) yesterday. Nasdaq future are up zero.three% with some assist from Netflix, whose shares are up 6.5% after beating estimates on subscriber development.…

As the NA session begins, the NZD is the strongest and the CHF is the weakest

As the North American session begins, the NZD is the strongest and the CHF is the weakest. China's economy grew at a slower pace in the third quarter, with GDP expanding by 4.6% year-on-year, down from 4.7% in the previous quarter and marking…

USD/JPY lower on the day but buyers stay in control for now

When put into context to the near-term chart below, the quick 30 pip drop earlier isn't that meaningful. As our reader Alex pointed out, there were some headlines noting that the BOJ is said to see "little need to rush an October rate hike"…

North Korean troops reportedly shipped to Russian bases for coaching and sure for fight

Only a little bit of a geopolitical replace because it appears to be like like North Korea is now getting concerned with the struggle between Russia and Ukraine. It's being reported that North Korean troops have been shipped to Russian bases…

Gold Technical Analysis – Yet another all-time high

Fundamental OverviewYesterday, gold managed to rally into a new all-time high despite some strong US data as Retail Sales and Jobless Claims beat expectations across the board. In the bigger picture, gold remains in a bullish trend as real…

Weekly update on interest rate expectations

Rate cuts by year-endFed: 43 bps (92% probability of rate cut at the upcoming meeting) 2025: 142 bpsECB: 30 bps (80% probability of 25 bps rate cut at the upcoming meeting) 2025: 140 bps BoE: 43 bps (87% probability of rate cut at the upcoming…

What are the main events for today?

In the European session, the only notable event was the release of the UK Retail Sales. The data beat expectations across the board by a big margin and gave the GBP a boost.There's nothing else on the agenda for the current session although…

FX possibility expiries for 18 October 10am New York lower

There is only one to be aware of on the day, as highlighted in daring.That being for EUR/USD on the 1.0850 stage. It is not one which ties an excessive amount of with any key technical ranges however the expiries might assist to only hold…