A quick take from JP Morgan, with an overall view of a lower US dollar and thus support for NZD, AUD and CAD:
- NZD/USD support towards 0.6500
- AUD/USD short-term support says the bank at 0.7065/75
- USD/CAD resistance towards 1.3400
Most Popular
Broadcasters GTN, FOXA, IHRT, AMCX, PSKY saw mixed Q4 results. Stocks down avg 6.3% despite revenue beats.
Lumber futures hold steady near $610, with May contracts flat. Volume's light, but open interest dips.
FBNC up 9.7% on strong revenue beat, MBIN surges 19.9% despite revenue dip. NBHC down 3.5% on misses.
CCL's 25% yearly gain faces headwinds. Analysts expect $0.18 EPS, but revenue growth lags peers. Valuation at 10x FY profit.
RVTY, TECH, MTD, BRKR, WAT stocks down 12-21% post-earnings despite revenue beats. Guidance misses weigh.
Canada revokes 23 crypto licenses amid AML crackdown. Fines hit $126M, signaling high regulatory risk.
Personal care stocks see mixed Q4 returns. HLF beats revenue, misses EPS. ELF leads growth but drops 11.6%. MED down 7% on weak guidance.
Must Read