Monthly Archives: August 2024
41654156156Eye on Today’s U.S. GDP
Written on August 29, 2024 at 5:33 am, by pumarketings
Market Summary Nvidia’s highly anticipated earnings report was released yesterday, but despite the numbers beating market consensus, the performance lacked a “wow” factor for investors. As a result, the market seemed to have already priced in the earnings, leading to a decline in all three major indexes on Wall Street. Despite yesterday’s technical correction, Nvidia’sContinue Reading
New Zealand Kiwi Rose As Business Confidence Soars
Written on August 29, 2024 at 1:52 am, by pumarketings
Fundamental Analysis * Business Boom: The New Zealand Dollar attracts further buying demand after the nation’s business confidence improves significantly in August. According to the ANZ Bank survey, New Zealand’s business confidence jumped in August to the highest level in a decade as forward-looking activity indicators rose strongly. The survey’s headline measure showed a netContinue Reading
Eye on Today’s Nvidia Earning Report
Written on August 28, 2024 at 5:13 am, by pumarketings
Market Summary As the market searches for direction, most asset classes remained relatively flat in the last session, with investors waiting for a catalyst to drive momentum. On Wall Street, attention turns to Nvidia’s earnings report, due later today. Expectations are high for strong earnings performance, which could potentially lift major indexes if results exceedContinue Reading
