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Financial Markets update - July 19, 2022
Oil prices extended gains; Stocks lost the gains, and DXY returns from a 10-days low! US Dollar started to recover some of its losses after a few days of the downtrend. Last week and after increasing US inflation towards 9.1%, market participant...
Bitcoin resumes uptrend – leaving the current range?
Bitcoin closed up four out of seven sessions last week and reversed the downtrend! Bitcoin price is above $22,000 currently. A glance at the daily chart reveals Bitcoin has resumed climbing currently and breached above the resistance line – again! A...
BAC Earnings Preview - Q2 2022
Optimistic investors and concerns about financial marketsBank of America (NYSE: BAC) is due to release its second-quarter earnings report before US markets open on Monday, July 18. The report will cover the quarter ending in June. The bank can have a...
Inflation and Nothing more!
How is Stagflation risk serious?Waited inflation data have been published to increase the fears. Yesterday June published data confirming the annual inflation rate at 9.1%, the most significant increase since November 1981, while market participants...
Delta Earnings Preview - Q2 2022
Load factor and its importance for Delta AirlinesDelta Air Lines (DAL) is due to release its second-quarter 2022 results on Wednesday, July 13th, before the market open. The Zacks investment research estimated $13.14 billion in revenue, showing...
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