The Chinese e-commerce giant will report first quarter fiscal 2022 earnings results before the opening bell Tuesday.
Archiv für den Monat: August 2021
Daily Markets: Another Significant Week of Earnings Awaits
Following the bevy of quarterly earnings reports we had last week, this week brings another plethora of reports plus the usual start of the month economic data, including the July manufacturing and service reports from Markit Economics and ISM
Square to buy Australia’s Afterpay in $29 billion deal as ‚buy now, pay later‘ trend takes off
Jack Dorsey’s payment company announced a $29 billion, all-stock deal to buy Australia’s Afterpay as the installment loan competition heats up.
Stocks rise to kick off August, Dow nears record high
The major averages managed to notch their sixth month of gains in July.
HSBC’s reported pre-tax profit more than doubles to $10.8 billion in first half of 2021
HSBC shares in Hong Kong jumped more than 3% following earnings release.
Weekly Fundamental Gold Price Forecast: Time to Glitter Again? US NFP Friday
Gold prices have finally started to respond to a promising fundamental backdrop – but as always, the US labor market report can upend even the best laid plans of mice and men.
Markets Week Ahead: Dow Jones, US Dollar, NFPs, Canadian Dollar, Australian Dollar, RBA
The Dow Jones and S&P 500 weakened despite a relatively dovish Fed as rising Covid cases threatened global growth. The Australian Dollar may be at risk, with the US Dollar and Canadian Dollar eyein…
Nasdaq 100 Retreats From Record Territory After FAANG Earnings. What Next?
Tech stocks pulled back from record territory after Amazon posted tepid Q3 guidance. The pandemic winners see their growth rates normalizing in the second half of the year, limiting the upside pote…
Mexican Peso Weekly Forecast: USD/MXN Back Within Key Range as USD Flops
USD/MXN drops back into its recent range as investors await further guidance from economic data.
Euro Forecast: EUR/USD Advance Should Continue After Strong Economic Data
Last week’s march higher in EUR/USD may well extend further after Friday’s Eurozone economic statistics that will likely turn the ECB more hawkish on monetary policy.