Economic Updates

Preview: Non-Farm Payroll Announcement
September 3, 2021

By Klavs Valters It’s the beginning of a new month which means that the Non-Farm Payroll figures will be released this week by the US Bureau of Labor Statistics. The latest US jobs data will be released at 1:30 PM London time on Friday. Why i...

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NIO August delivery numbers are in
September 2, 2021

By Klavs Valters NIO reported its latest delivery numbers for last month before the opening bell on Wednesday. The ''Chinese Tesla'' delivered a total of 5,880 vehicles in August – a 48.3% year-on-year increase. About NIO NIO is a Chinese ...

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Zoom beats Q2 expectations
August 31, 2021

By Klavs Valters Zoom reported its second quarter financial numbers after the market close on Monday. The video-calling software company reported total revenue of $1.02 billion in Q2 (up by 54% year-over-year) vs $991 million expected. It was t...

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XPeng tops earnings expectations for Q2
August 27, 2021

By Klavs Valters XPeng reported its Q2 financial results before the opening bell on Thursday, beating analyst expectations. Let’s take a closer look at the numbers. The company reported total revenue of $582.50 million in the second quarter, ...

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Salesforce Q2 numbers are in
August 26, 2021

By Klavs Valters Salesforce released its latest earnings numbers for Q2 after the closing bell on Wednesday. The cloud-based software company reported total revenue of $6.34 billion in the second quarter of the year, beating analyst forecast of...

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European and US markets hit all time highs, Bitcoin breaks out, the Dollar slides
April 16, 2021

By Lachlan Meakin Equity markets US stocks jumped overnight to reach record levels as stronger than expected print on retail sales and a sharp improvement in the number of new jobless claims cheered the investors. Source: Yahoo Finance US...

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See-sawing equity markets, US Dollar strength and stimulus hopes
January 29, 2021

By Lachlan Meakin Equity markets Global markets see-sawed from record high to steep declines on an eventful month that saw a new US administration sworn in, promises of record stimulus in the US and the FOMC spoiling the party somewhat. Global equ...

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September: A Typical Scary Month for Investors
September 30, 2020

By Deepta Bolaky  @DeeptaGOMarkets Poor Month for Markets Investors are generally apprehensive of the month of September as on average it is marked as the worst month for the stock market. After a staggering rally in August driven by broad-based ...

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Jackson Hole Symposium: Markets Bracing for More Volatility
August 28, 2020

By Deepta Bolaky  @DeeptaGOMarkets The annual Jackson Hole Economic Symposium rarely goes unnoticed as is an exclusive central bank conference which fosters open discussions about global policy matters. The economic event is sponsored by the Fed...

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US Elections: COVID-19, Policies and Markets
August 14, 2020

By Deepta Bolaky  @DeeptaGOMarkets The Political Event of the Year 2020 The most-waited political event of the year is fast approaching: the US elections will take place on the 3rd of November. The nominees of the two main political parties - Rep...

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Tesla and Microsoft Corporate Earnings Results
July 23, 2020

By Deepta Bolaky  @DeeptaGOMarkets Microsoft and Tesla, the two leaders in their respective industries reported their quarterly earnings results on Wednesday after the market closed. Both tech companies reported earnings exceeding expectations b...

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Coming Up This Week: Big Banks and Netflix
July 14, 2020

By Deepta Bolaky  @DeeptaGOMarkets The earnings season will kickstart with big banks like JP Morgan Chase, Citigroup, Wells Fargo, Goldman Sachs, Bank of America, Morgan Stanley, and tech stock like Netflix. Investors are probably bracing themse...

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Melbourne Lockdown: Local Investors Mull Worsening Economic Outlook
July 8, 2020

By Deepta Bolaky  @DeeptaGOMarkets Following the highest number of coronavirus cases in a single day, the Premier of Victoria, Daniel Andrews reinstated “Stay at Home” restrictions across metropolitan Melbourne and Mitchell Shire from 11:59 ...

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RBA: “QE is not on our Agenda!”
November 29, 2019

By Deepta Bolaky  @DeeptaGOMarkets This year’s Annual Dinner of the Australian Business Economists was probably the most important event before the year ends. In a year that saw the RBA cutting interest rates three times, the speech around...

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Is Germany on the Brink of a Technical Recession?
November 12, 2019

By Deepta Bolaky  @DeeptaGOMarkets Is Germany on the Brink of a Technical Recession? Europe’s largest economy and the world’s fourth-largest economy is at risk of going into a technical recession.  Such recession arises after two consecutive...

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