Similar Posts
PepsiCo (PEP) Stock Rallies 7.4% Following Earnings Report – What Comes Next?
Yesterday, PepsiCo Inc. (PEP) released its quarterly earnings report, which significantly exceeded market expectations:→ Earnings per share (EPS) came in at $2.12, surpassing the forecast of $2.02.→ Gross revenue reached $22.7 billion, above the projected $22.3 billion. In addition, PepsiCo reaffirmed its full-year guidance: the company expects earnings per share to remain virtually unchanged compared…
GBP/USD: UK GDP Growth Matches Forecasts
By RoboForex Analytical Department The latest UK GDP data showed annualised growth of 1.3%, in line with market expectations and slightly below the previous reading of 1.4%. The report had a broadly neutral impact on sterling, as it confirms the UK economy continues to expand, albeit at a moderate pace, without signs of acceleration. For…
U.S. Tariffs: Markets Stay Calm, But Inflation and Stagflation Risks Loom – Forex Trading Forum
U.S. Tariffs: Markets Stay Calm, But Inflation and Stagflation Risks Loom – Forex Trading Forum “> “> Source link
Crude Oil – 05.09.2024 – Orbex Forex Trading Blog
Crude Oil – 05.09.2024 – Orbex Forex Trading Blog XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX;visibility:hidden”> Source link
CPI & Claims: Fed’s Dilemma, Dollar Soft, Gold ShinesS
– U.S. August CPI rose 0.4% m/m vs 0.3% expected, while jobless claims jumped to 263K (exp 235K), the highest since early 2023. Inflation remains sticky, but labor markets are clearly cooling. – The Dollar Index (DXY) spiked to 98.00 on CPI before reversing lower, testing support at 97.56. – Gold (XAUUSD) held…
