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Citi bullish on Amazon and Airbnb even as macro fears cloud tech

April 21, 2022
Finance
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Citigroup Inc. analysts say the U.S. internet sector is healthy, naming Amazon.com Inc. and Airbnb Inc. among their top stock picks, despite the pressure on technology valuations from the surge in bond yields.

April 21, 2022
Forecast
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The price of oil spiked to a fresh yearly high ($130.50) in March amid the disruptions caused by the Russia-Ukraine war. Current market conditions may lead to higher crude prices as expectations fo…

April 21, 2022
Forecast
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The Australian Dollar made an 18-month low in January, eclipsing the November 2020 nadir of 0.6991 by a small margin.

The DAX 40 has held up despite uncertainty of German energy supply from Russia coming under further scrutiny.

The DAX 40 remains range bound amid energy uncertainty, continuing geopolitical conflicts and inflationary pressures. Can the DAX rally?

Euro Technical Outlook – EUR/USD, EUR/JPY Reach Historical Levels

The Euro has been losing ground to the US Dollar while gaining against the Japanese Yen. Can the Euro steady itself before making new lows?

Japanese Yen Outlook: Will USD/JPY, AUD/JPY Rally Slow as Retail Traders Boost Long Bets?

The Japanese Yen, which has been weakening rapidly, could see a break as retail traders slowly increase their upside exposure in USD/JPY and AUD/JPY. What are key levels to watch for?

USD/CNH Surges Despite US Dollar Weakness as Fed Pressures PBOC

The Chinese Yuan continued to weaken overnight as China’s yield advantage evaporates versus the US as an aggressive Fed path pressures the PBOC. APAC traders are digesting New Zealand inflation dat…

April 20, 2022
Business
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April 19 Reuters IBM expects to hit the top end of its revenue growth forecast for 2022, the company said on Tuesday, even as it flagged a 300 million knock to revenue from the suspension of its business in Russia. Servers from IBM, Dell Technologies Inc and Hewlett Packard Enterprise Co dominate the market in Russia. IBM suspended […]

April 20, 2022
Business
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Sales, income ahead of expectations Sees Q2 sales around 5.2 billion euros 2022 gross margins seen at about 52 rather than 53 Order book remains strong at 7 bln euros AMSTERDAM, April 20 Reuters ASML Holding NV, a key supplier to computer chip makers, reported on Wednesday firstquarter sales of 3.5 billion euros 3.8 billion […]

April 20, 2022
Business
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NAIROBI, April 20 Reuters Alphabet Inc39;s Google is investing in its first ever Africa product development centre in the Kenyan capital Nairobi, it said, as it positions itself to serve a growing base of internet users on the continent. By the end of this decade, the continent will host 800 million internet users, the Californiabased firm […]

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Citi bullish on Amazon and Airbnb even as macro fears cloud tech

Crude Oil Price Forecast Q2 2022: Robust Demand Still Met with Limited Supply

AUD Forecast Q2 2022: Commodities and Central Banks in Focus

The DAX 40 has held up despite uncertainty of German energy supply from Russia coming under further scrutiny.

Euro Technical Outlook – EUR/USD, EUR/JPY Reach Historical Levels

Japanese Yen Outlook: Will USD/JPY, AUD/JPY Rally Slow as Retail Traders Boost Long Bets?

USD/CNH Surges Despite US Dollar Weakness as Fed Pressures PBOC

IBM Forecasts Upbeat 2022 Revenue on Cloud Strength

ASML Q1 Earnings Beat Forecasts, Bookings Seen Strong

Google to Set up First Africa Product Development Centre in Nairobi

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