It was a wild year for UK investors. Besides double-digit inflation and labor shortages, politics moved financial markets too. Take the mini-budget’s announcement, for instance. It triggered a sharp m...
Tag: forecast
CrowdStrike Tumbles After Revenue Forecast Misses Estimates
(Bloomberg) — CrowdStrike Holdings Inc. fell as much as 19% in extended trading on Tuesday after the cybersecurity company gave a revenue outlook for the current period that fell short of analys...
CRWD Stock Plunges On Weak Forecast As Key Metric Misses Views
CrowdStrike Holdings (CRWD) late Tuesday reported October-quarter profit and revenue that topped estimates. But the CrowdStrike earnings outlook came in well below Wall Street targets and CRWD stock p...
Nikkei 225 price forecast for 2023 amid the reopening of the domestic economy
The Nikkei 225 index tracks 225 blue-chip companies traded on the Tokyo Stock Exchange. It went nowhere in 2022, hovering between 26,000 and 28,000 points, unable to hold below or above. The price act...
Charting the Global Economy: OECD Raises Inflation Forecast
(Bloomberg) — Central banks around the world must be steadfast in their inflation fight even though economies will suffer as a result, the OECD said this week. Most Read from Bloomberg The organ...
Goldman’s forecast for stocks over the next 3 months isn’t pretty—and investors should expect ‘less pain but also no gain’ next year
Despite a parade of recession predictions from Wall Street this year, Goldman Sachs’ strategists still believe a “soft landing” is likely. But that doesn’t mean stock market investors should celebrate...
USD/ZAR exchange rate forecast ahead of SARB decision
The USD/ZAR exchange rate dropped to the lowest level since September 1 as the US dollar recoiled. It dropped to a low of 17 even after worrying South African consumer inflation data. Rand has jumped ...
EUR/JPY price forecast as it approaches 5-year-old resistance
The quick devaluation of the Japanese yen (JPY) was one of the main stories of 2022. To halt the rapid decline, the Bank of Japan (BOJ) intervened twice in the market by selling US dollars and buying ...
BP share price forecast as crude oil retreats
BP (LON: BP) share price has been in a strong bullish trend as demand for oil and gas stocks rise. The shares rose to 483p, which was a few points below the year-to-date high of 505p. They have jumped...
Goldman Sachs Provides Lower Oil Forecast on Fresh China Covid Outbreaks & ‘Hazy’ G-7 Russia Oil Price Cap
Goldman Sachs says that it cut its oil forecast by $10 due to some macroeconomic factors regarding China and Russia. Goldman Sachs recently cut back on its oil forecast for the fourth quarter of 2022 ...
NZD/USD forecast ahead of the RBNZ decision
The NZD/USD exchange rate moved sideways on Monday as investors wait for the upcoming interest rate decision by the Reserve Bank of New Zealand (RBNZ). It retreated to a low of 0.6113, which was sligh...
Solana price forecast: can SOL be saved after the latest update?
The co-founder of Solana Labs, Anatoly Yakovenko, made an announcement that all validators need to update to the latest version of the node, 1.13.5. Based on his outlook, the update can fix all of the...
USD/JPY price forecast amid inflation reaching a 40-year high
As the end of the trading year nears, one of the most exciting market moves in 2022 was the Japanese yen’s sharp decline. All JPY pairs moved higher, but one, in particular, stands out of the crowd – ...
DXY forecast as the US dollar index pulls back
The US dollar index (DXY) price remained in a consolidation mode as investors focus on the next actions by the Federal Reserve. It was trading at $106.50, where it has been this week. This price is al...
FTSE 100 price forecast amid the upcoming UK economic recession
Since Brexit happened, the United Kingdom’s economy has underperformed. No economy should be treated in isolation, but the particular problems created by Brexit are too impactful to be ignored. Accord...
Dow Jones price forecast for the rest of 2022
The US stock market rallied since the last inflation report showed inflation might have cooled. In October, the prices of goods and services in the United States rose less than feared, triggering a ra...
Goldman Lowered Its Coinbase Year Price Forecast To $41 (USD)
The US based cryptocurrency exchange Coinbase is slightly affected by the FTX downward wave. Goldman maintained its sell rating on Coinbase and reduced its year end price forecast to $41 (USD) from $4...
Bitcoin forecast: it could go down again
Analysts at JPMorgan have come up with new predictions for the price of Bitcoin that it could fall another 25%. Bitcoin price predictions by JPMorgan analyst This was reported by Forbes citing a note...
AVAX Price Forecast Positive in the Short-Term Despite Market Disarray
The Avalanche (AVAX) price is increasing after confirming a short-term bullish pattern. The long-term trend remains to be determined. The AVAX price has decreased underneath a descending resistance li...
Goldman Sachs economists forecast a ‘sharp decline’ in inflation next year
Goldman Sachs says U.S. inflation will ease “significantly” next year as three key factors contributing to higher consumer prices continue to disappear. Goldman economists see core PCE back to 2.9% La...
Dow Jones, the S&P 500, and Nasdaq price forecast as U.S. inflation cooled down in October
Wall Street’s three main indexes advanced last week as better-than-expected inflation data raised hopes the Federal Reserve would get less aggressive with U.S. interest rate hikes. The United St...
EUR/USD price forecast after the latest US inflation report
The story of the week, and perhaps of Q4 2022, is inflation cooling off in the United States. Higher inflation drove the US dollar higher for most of the year, and each report disappointed. Until yest...
Abrdn share price forecast after staging a strong recovery
The Abrdn (LON: ABDN) share price has staged a strong recovery in the past few weeks. It rose to a high of 180p, which was the highest level since June 8 of this year. It has jumped by more than 37% f...
Hurricane Nicole Makes Landfall In Florida—Here’s Where It’s Headed
Topline Hurricane Nicole made landfall on Florida’s east coast early Thursday morning as a Category 1 storm, according to the National Hurricane Center—though it was quickly downgraded back to a tropi...
FTT price forecast: will FTX token go back up in value or is it doomed?
FTX Token (FTT/USD) is the native cryptocurrency used across the FTX exchange and is a utility token that allows users to get discounts. FTX is a cryptocurrency exchange that offers numerous products,...
Coinbase stock price forecast after the FTX meltdown
Coinbase (NASDAQ: COIN) stock price has nosedived in the past few months. It has plunged in the past eleven straight days and is trading at $50, which is the lowest level since June 14. The shares hav...
Global Blockchain Market Forecast Report 2022-2028 – Compound Annual Growth of 56% Predicted During Forecast Period – ResearchAndMarkets.com
DUBLIN–(BUSINESS WIRE)–The “Global Blockchain Market Research and Forecast, 2022-2028” report has been added to ResearchAndMarkets.com’s offering. The global blockchain market is growing at a consider...
SOL price forecast after Google Cloud becomes validator and Circle adds support
Google Cloud made an announcement that it is running a validator on the Solana (SOL/USD) blockchain and will add features that will welcome new developers and node runners. USD Coin (USDC/USD) issuer ...
Dax index price forecast ahead of the end of the trading year
European equities, as well as the common currency, have suffered in 2022. The war in Ukraine led to massive spending in Europe that fueled even higher inflation. Inflation is a problem worldwide, but ...
Ripple Gains New Allies Against the SEC, Improving XRP Price Forecast
Last week was an eventful one for Ripple as the San Francisco-based company saw its allies grow in the lawsuit against the US Securities and Exchange Commission (SEC), leading to speculation that the ...
Top Crypto Analysts Forecast Extended Rally for Ethereum Rival Solana – Here Are Their Targets
A trio of widely followed crypto strategists believes that more rallies are in sight for top Ethereum (ETH) competitor Solana (SOL). Starting with pseudonymous crypto trader Cantering Clark, the analy...
$56,000,000,000 Asset Manager Issues Apocalyptic Economic Warning – Here’s the Forecast
A hedge fund titan is issuing a remarkably dire warning on the fate of the global economy, according to a new report. Elliott Management says the world is currently on the road to hyperinflation, whic...