Higher taxes in France and the UK are helping the USD rally, says Macquarie
Higher taxes in France and the UK are helping the USD rally, says Macquarie
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Higher taxes in France and the UK are helping the USD rally, says Macquarie
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Earnings season is gaining momentum. Today, after the close of the main trading session, Netflix (NFLX) is set to release its quarterly financial results. Analysts are optimistic, forecasting earnings per share (EPS) of $7.08, up from $4.88 a year earlier, and revenue growth to $11.1 billion. The upbeat sentiment is driven by:→ the fact that…
The GBP/USD forecast indicates an increasing likelihood of a Fed rate cut in September. Traders are only pricing a 40% chance of another Bank of England rate cut this year. Wholesale inflation in the UK hit a two-year high of 1.9%. The GBP/USD forecast indicates an increasing likelihood of a Fed rate cut in September,…
Exness sees trust as the key theme for growth in MENA Trading Growth for 2026 Exness sees trust as the key theme for growth in MENA Trading Growth for 2026 Exness sees trust as the key theme for growth in MENA Trading Growth for 2026 Exness sees trust as the key theme for growth in…
State Street Investment Management and Galaxy Asset Management have announced a partnership to launch a tokenised private liquidity fund that aims to bring 24/7 onchain liquidity to institutional investors. The State Street Galaxy Onchain Liquidity Sweep Fund, known as SWEEP, is expected to debut on the Solana blockchain in early 2026. Ondo Finance is anticipated…
The Pound Sterling drops after facing selling pressure near 1.2800 due to multiple tailwinds. A soft UK inflation outlook could prompt the BoE to start unwinding higher interest rates. The US Dollar recovers amid uncertainty ahead of the US core PCE price index. The Pound Sterling (GBP) corrects to 1.2750 against the US Dollar (USD)…
Investing.com — As the U.S. prepares for the highly anticipated 2024 elections, BCA Research advises investors to take precautionary measures and de-risk their portfolios. The financial landscape is clouded by economic slowdown, geopolitical tensions, and the likelihood of market volatility in the lead-up to November. While BCA assigns a slight advantage to the Democrats, the…