Meta Stock Price at Record High Ahead of Earnings
Meta’s huge stock price surge has carried it to new record highs, helped along by a rise in active users and increased advertising revenues.
Meta’s huge stock price surge has carried it to new record highs, helped along by a rise in active users and increased advertising revenues.
The Federal Reserve kept interest rates unchanged for the fourth consecutive meeting, but adopted a slightly more dovish outlook by removing its tightening bias from the monetary policy statement.
Apple is scheduled to report its first (Q1) earnings on Thursday, February 1, 2024.
GBP/USD received a lift despite trading lower against a number of other G7 currencies. US 2-year yields dropped resulting in a softer dollar ahead of the FOMC
German inflation fell to a two-and-a-half year low of 2.9% in January, preliminary data showed today, down from 3.7% in December.
The USD/JPY market is like all others focused on the Federal Reserve’s first interest-rate decision of the year.
Outlook on FTSE 100, CAC 40 and S&P 500 amid Fed and BoE meetings and as the remaining three of the ‘magnificent seven’ US stocks report their earnings tomorrow ahead of Friday’s US Non-Farm Payrolls.
Australian inflation cooled in Q4 helping lift the local index to a new all-time high. Continued disinflation reduces lingering suspicions of another hike, weighing on AUD