The following article was exclusively prepared for LeapRate by the ATFX team. Facebook (FB) will report Q3 earnings after the close of the trading session on October 30. Wall Street is looking for a 26% sales growth but just 8% earnings growth. Facebook share, has almost lost 8% since it reported Q2 earnings on July…
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Even if you don’t follow the economic news or any news reports at all, you’ve heard about the biggest breakup in modern history – the UK leaving the EU for good. AMarkets have shared their thoughts on this eternal topic in an exclusive piece for LeapRate. Brexit is not another run-of-the-mill separation deal, because two…
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Crypto markets were in disarray, falling nearly 12%, as anticipation built for Mark Zuckerberg to appear before the House Financial Services Committee and defend his Libra Project. Financial markets, at least the ones than handle cryptocurrencies, did not like the uncertainty, but what was certain was that Congressmen were loaded for bear, so to speak.…
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ATFX has released its quarterly market report, with its market analysts providing an outlook for GBPUSD, Crude oil prices, and cryptocurrencies. The report highlights the key market trends, incorporating unique data, fundamental and technical analysis to provide an accurate outlook for major financial assets. Alejandro Zambrano, Global Chief Market Strategist of ATFX UK, commented: As…
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AMarkets comments on the Trump vs the Fed hot topic in a special guest post exclusive to LeapRate. “Boneheads” is a new word we have learned thanks to Donald Trump. Once again, Mr. Trump confronted the Federal Reserve on the issue of not slashing the interest rates as he’d prefer. In short, he claims that zero-equivalent…
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The Pound is advancing across the board as the UK opposition leaders met today to plot to prevent a no deal Brexit. Boris Johnson is sticking to his do or die Brexit mantra, however, he has expressed a little more optimism that a new deal can still be achieved between the EU and the UK.…
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The following post is courtesy of Nikolas Papas, Market Strategist, InvestingCube.com and ATFX. Alibaba (BABA) will release its earnings report before the market open on Thursday, Aug. 15. BABA’s stock closed yesterday at $162.22. Analysts expect Alibaba to earn $1.49 - $1.50 per share on revenue of $16.09 - $15.9 billion. Same quarter a year…
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Tesla Inc. (NASDAQ:TSLA) reported a worse-than-expected loss in Q2 earnings yesterday. The company's shares plunged as much as 12% in after-hours trading and declined 22% this year as of markets close Wednesday. Revenue was $6.35 billion versus $6.41 billion expected. Another major management change has also been announced - Tesla's co-founder J.B. Straubel, who’s been…
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Boris Johnson, a hard-line Brexiteer who has vowed to leave the EU by the end of October with or without a deal, was set to win the top spot and he certainly just did. Johnson will become Britain’s next prime minister after being elected leader of the Conservative party, defeating Jeremy Hunt in the party’s…
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LeapRate Exclusive... Global economic growth fell to its lowest level in three years and is now on its way to stability, but the recovery momentum is fragile and at high risk. International trade and investment were weaker than expected at the beginning of the year. Economic activity in the major developed economies, especially the euro…
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