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EURUSD, what to bet?
Economic data in favor of USD, ECB to help Euro. European started the week with mixed data. In Germany, the initial value of the unadjusted GDP annual rate in the fourth quarter was published as 0.5%, much lower than the 0.8% market's expectatio...
ExxonMobil earnings preview | Q4 2022
Hopes to beat estimatesBefore the opening bell, Exxon Mobil Corporation (XOM) is set to report Q4 2022 results on Tuesday, January 31. According to Zacks's estimates, the consensus expectation is $3.18 EPS and $99.7 billion in revenue. Expected EPS s...
Bitcoin rally peak at hand?
Bitcoin rallied to five-month high last week with the price above $23,000 currently. The price consolidation still continues while the RSI is set to leave the overbought zone. The bears are testing bulls’ resolve and in medium term perspective there...
A green market ahead of Fed meeting
An imminent recession is still possible?While we are getting ready to close the week with some gains in the stock markets and a loss in the USD rate, economic data from the US can lower the recession concerns.The US labor market continues its positiv...
Wall Street outlook: 2023
A challenging year with a cautious outlook At the beginning of 2022 and before the Russia-Ukraine war, we had predicted that SP500 could gain between 9%-13%. War changed the expectations, and in revisions, we have been talking about recovery abo...
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