Danske Bank analysts discuss US political risk around Federal Reserve (Fed) leadership, noting Kevin Warsh’s Senate hearing is scheduled for 21 April as part of his confirmation process as Fed chair.
Key PointsDutch Bros shares have softened since McDonald's confirmed it will take its recent test of premium beverages national.After 19 years of positive comps, is Dutch Bros vuln
Key PointsSoundHound AI is evolving from a niche voice AI provider into a broader agentic AI platform that can complete real-world tasks, expanding into automotive, retail, telecom
TD Securities strategists report that United Kingdom (UK) Gross Domestic Product (GDP) for February significantly beat expectations, with broad-based strength across services, production and construction.
Market MovementsMajor U.S. index futures rose collectively pre-marketTradingKey - Before Thursday's U.S. market open, the CBOE Volatility Index (VIX) trended lower, and futures for the three major U.S
Key PointsThe chipmaker has reported good news that signals a turnaround.Investors might wait to see what quarterly financial results show.10 stocks we like better than Intel › One
BTC whales absorbed 270K coins in the past month, according to Bitfinex estimates. Whale buying remained the main driver on the spot market.
The European Central Bank (ECB) kept its interest rates unchanged in March, and the meeting accounts released on Thursday show a central bank determined to preserve flexibility in an environment marked by heightened uncertainty.
The Australian Dollar (AUD) outperforms its major currency peers, except the Canadian Dollar (CAD), during the European trading session on Thursday.
Commerzbank analysts highlight that India’s March trade deficit narrowed more than expected as imports slumped, but warn this may reverse as Oil prices rise and exports face Middle East-related disruptions.
Cryptocurrency prices are broadly consolidating, with Bitcoin (BTC) extending sideways action slightly below the $75,000 threshold, even as institutional inflows continue to support the market.
Gold’s (XAU/USD) nurses minor gains in an “inside day” on Thursday, trading at around $4,820, with price action constrained within Wednesday’s ranges. Hopes of new peace talks between the US and Iran keep precious metals buoyed, but the XAU/USD pair is failing to break resistance at the $4,850 area.
Key PointsThough the S&P 500 and iShares Expanded Tech-Software Sector ETF have historically moved in tandem, they're currently 2% and 37% below their all-time highs, respectively.
Lee Hardman at MUFG observes that both Euro (EUR) and Pound (GBP) have fully reversed their initial Middle East conflict losses versus the US Dollar (USD), helped by falling European energy prices and stronger United Kingdom (UK) Gross Domestic Product (GDP) data.
TradingKey - PepsiCo ( PEP) reported its latest quarterly earnings on Thursday, showing that both profit and revenue exceeded market expectations, while its previously weak North American food busines
China’s economy picked up speed in the first three months of this year, powered by strong sales of machinery and electronics to other countries. But government officials are warning about trouble ahead. The National Bureau of Statistics said Thursday the economy grew 5.0% during the first quarter compared to last year. That beat what analysts […]
BNY reports that European Central Bank (ECB) officials are signaling a preference to hold rates at the April meeting, despite Eurozone inflation rising to 2.6% year-on-year in March. Policymakers stress the need for more data given Iran-related growth and oil risks.
Key PointsShares of Micron Technology and Palantir have soared in recent years, but both companies face challenges that could weigh on their stock prices. AMD is likely to see sign
Key PointsAmazon Autos is expanding rapidly from a pilot program into what could soon be a massive marketplace.The e-commerce giant isn't taking a cut of transactions from dealersh
ING’s Chris Turner argues that while global risk assets are rallying and weighing on the US Dollar (USD), conditions for a sustained Dollar decline are not yet in place.
EUR/JPY loses 0.15% on Thursday, trading near 187.30 at the time of writing and extending its consolidation above the 187.00 level seen since the beginning of the week.
The GBP/USD pair trades 0.1% lower to near 1.3545 during the European trading session on Thursday, struggling to extend the rally above the 1.3600 hurdle.
TradingKey - Starbucks ( SBUX) recently launched a testing feature within ChatGPT: users chat with the AI about their mood, it recommends coffee, and then redirects them to the app to place an order.
TD Securities strategists note that Australian employment data for March broadly matched the Reserve Bank of Australia’s (RBA) expectations, with steady unemployment and solid full-time job gains.