The stocks making the biggest moves in premarket trading include Credit Suisse, Tesla, Myovant Sciences, and more.
Archiv für den Monat: Oktober 2022
Credit Suisse shares tank on restructuring, capital concerns
Credit Suisse executives are in talks with investors to reassure them amid rising concerns over the bank’s financial health, the Financial Times reported.
Oil Q4 2022 Technical Forecast: WTI Breakdown Underway
Crude oil prices plunged a staggering 25% in the third quarter as WTI fell towards its yearly lows in late September.
GBP Q4 2022 Fundamental Forecast: A Whole Heap of Problems for the New Prime Minister
The cost of covid, soaring energy prices, rampant inflation, insipid growth and the ongoing Brexit rancour are just some of the problems the new PM must solve quickly.
Euro Q4 2022 Technical Forecast: EUR/USD Bearish Continuation
Not too long ago ‚parity‘ appeared unlikely. Now, it represents a rather ambitious level. Key levels to consider for a bearish continuation
Bitcoin Q4 2022 Fundamental Forecast: It’s Still One Trade
All things considered, 3Q’22 wasn’t that bad for cryptocurrency markets and Bitcoin prices in particular, which fell by around -4.5% over the past three months.
AUD Q4 2022 Technical Forecast: AUD/USD Falling Wedge and Inverse H&S in Focus
Despite a strong start in July, the Australian Dollar fell against the US Dollar in August and September, extending the downward trend established in April when prices hit the highest level since June 2021 before selling off.
OPEC Source: OPEC+ Discusses Potential Oil Output Cut In Excess Of 1 Million Barrels/Day
<p>The OPEC+ group of oil producers is discussing potential output cuts of more than 1 million barrels per day (bpd), an OPEC source said, excluding any voluntary cuts by individual members.</p><p>“It may be as significant as the April 2020 meeting,“ the source said, referring to when OPEC+ agreed record supply cuts as the COVID-19 pandemic hit demand.</p><p>As a reminder, we heard this morning that we could see chatter of cuts north of 1.5 million bpd – So this is inline with that</p>
This article was written by Ryan Paisey at forexlive.com.
The @Newsquawk Market Open: GBP & Gilts buoyed by UK U-turn; ISM & Central Bank speak due
<p>US Market Open: Pound and Gilts buoyed by a UK U-turn; ISM & Central Bank speak due</p><p><a target=“_blank“ href=“https://newsquawk.com/daily/article/?id=2665-us-market-open-pound-and-gilts-buoyed-by-a-uk-uturn-ism-central-bank-speak-due&utm_source=newsquawk&utm_medium=email&utm_campaign=newsletter&utm_content=us-open“ target=“_blank“ rel=“nofollow“>Full Note incl Podcast</a></p><p>European equities have kicked the week off on the backfoot following the selling pressure seen on Wall Street on Friday whilst the APAC session saw holiday-thinned conditions</p><p>US futures are more of a mixed bag with the tech-laden NQ incrementally lagging peers.</p><p>Cable lifted to a 1.1279 best sending DXY below 112.00; however, this action has since eased with peers heavily mixed vs. USD</p><p>Core benchmarks lifted markedly alongside the commencement of Gilt trade following the gov’t u-turn, upside which has since eased</p><p>Crude benchmarks bid on weekend/early-morning reporting around the potential OPEC+ cut magnitude</p><p>Looking ahead, highlights include US Final Manufacturing PMI, US ISM Manufacturing, Speeches from Fed’s Bostic, Barkin, George & Williams, BoE’s Mann & UK Chancellor Kwarteng.</p>
This article was written by Ryan Paisey at forexlive.com.
Euro Zone Fin Mins draft statement is released, focus on ‚Protecting The Vulnerable‘
<p>According to a draft statement from Eurozone Finance Ministers, they will say..</p><p>Focus Of Support Schemes Will Be On Protecting The Vulnerable</p><p>Fiscal Policies Should Aim At Preserving Debt Sustainability, Raising Potential Growth To Make European Central Bank’s Job Of Fighting Inflation Easier </p><p>They Will Focus On Income Measures That Are Exceptional, Temporary And Targeted</p><p>Broad-Based Support To Aggregate Demand Through Fiscal Policy In 2023 Is Not Warranted </p><p>Governments Cannot Fully Shield Economies From Energy Price Spike</p>
This article was written by Ryan Paisey at forexlive.com.