It's time to buy RO Bond on the secondary/OTC market.
Here are the key takeaways from their latest earnings report: • Adjusted Revenue: $43.74B vs $42.01B exp • EPS: $4.81 vs $4.04 exp • Net Income: FWB:14B (+50% YoY), FY $58.5B • Return on Equity: 17% vs 14.1% exp • Average Loans: $1.3T (+2% YoY) • Average Deposits: $2.4T (-4%) • Investment Banking Revenue: $2.6B (+46% YoY) • #1 ranking for Global...
It is no more inversed. But we need be caution as the positive slope curve after an inversion may bring an economic recession.
Gold traded up on Monday, underpinned by safe-haven demand amid uncertainty surrounding the policies of the incoming U.S. administration. President-elect Donald Trump is set to take office on January 20th, and his proposed tariffs could spark trade wars and drive inflation, creating a favourable environment for the precious metal, which is widely regarded as a...
The price on the US 10-year Treasury note fell to almost 96.0 on Friday, after payrolls report came stronger than expected, reinforcing the view that Fed would need to slow down rate cuts. The price on the UK 10-year gilt fell to 89.6, the lowest since August 2008, and broke down the support at 91.0.The pressure in the UK bond market has been further amplified...
The market seems very extended with 7 legs of minor trend.
Nasdaq 100 Index is approaching resistance at 13,000 level.
FP breaks a broad base line. The potential target is shown on the chart.