Stocks rise, Microsoft hits record high on earnings beat

Stocks rose on Friday as Wall Street cheered a strong quarterly report from Microsoft sent the stock to an all-time high. The Dow Jones Industrial Average climbed 68 points, or 0.3%. The S&P 500 traded 0.2% higher. The Nasdaq Composite advanced 0.2%. Microsoft shares rose 1.7% and hit a record after the tech giant posted […]

US Open – Italian Elections, Canadian sales miss, Oil & Gold rise on downed drone and Bitcoin steadies

Next week tech earnings pick up speed and expectations are low for results for companies in the S&P 500.  Year-on-year growth is expected to decline 11.2%, quite the contrast to the financial, who reported this week and delivered earnings growth.  The trade war has weighed on tech stocks and multi-nationals, keeping investors nervous we could […]

Short-Term Outlook: All about Earnings, Trade, and Easing

Risk appetite is waning as earnings season picks up and as political posturing between the Chinese and Americans see no substantial progress on the trade front.  US stocks have been unable to extend the record rally despite a relatively good start to earnings season that has seen a majority of companies deliver earnings beats.  A […]

US Open – Earnings season picks up, Oil remains vulnerable, Gold steadies, and Bitcoin breaks

US equities are struggling for direction as investors weigh President Trump’s latest tariff threat to China, Fed chair Powell’s dovish reiterations, and a mix bag or earnings results.  Tuesday’s price action saw equities remember that Trump could easily become tariff man and put pressure on the tentative trade truce that was reached at the sidelines […]

Daybreak Asia with OANDA on Bloomberg Radio

Ed Moya, Chief Market Strategist, Oanda Corporation joined Bryan Curtis and Juliette Saly on Daybreak Asia. He says markets are pretty convinced there won’t be immediate progress on trade and that the focus is currently on earnings and possible central bank easing. He goes on to what measures we may see from the PBOC, potential […]