The GBP/USD
dipped after GDP missed expectations, which surprised the markets as
many analysts were expecting a better than forecast report. The pound is
down 19 points at 1.5335. The British economy grew by 0.5% compared
with the previous three months.
In the context of a global
economic outlook that has darkened a little in recent months, it's a
steady kind of a figure. Slower than the 0.7% growth rate in the
previous period, but not by all that much.
There were some
marked differences between sectors. Service industries grew quite
strongly, while manufacturing and construction slipped back. For
manufacturing it was the third consecutive decline.
GBP/USD Fundamental Analysis – October 28, 2015 - Forecast
Label: Fundamental Analysis
Apple, Exxon & Microsoft On Deck As Earnings Season Heats Up
Today
will be known as APPLE day, with the tech company releasing its
quarterly data. Analysts agree on one thing: The latest iPhone
iteration will not deliver the mega sales enjoyed by the iPhone 6 line
around its launch."The evidence thus far suggesting that demand for
iPhone 6s is not as frothy as last year is tough to ignore," Susquehanna
Financial Group analyst Chris Caso wrote in a note on Thursday.
Sales
are clearly a big area of focus. After all, there is a reason why
revenue is the top line in the income statement. Apple is expecting
revenue to be in the range of $49 billion to $51 billion in the coming
release, which would imply a year-over-year increase of between 16% and
21% from the same quarter last year.
Investors need to take a deep look at the company's fundamentals from a long-term point of view as opposed to putting too much attention on Wall Street estimates and market reactions. However, it's worth noting that Wall Street analysts are on average calculating that Apple will make $51.07 billion in revenue, so expectations are moderately above the high end of the company's guidance.
selengkapnya ...
Investors need to take a deep look at the company's fundamentals from a long-term point of view as opposed to putting too much attention on Wall Street estimates and market reactions. However, it's worth noting that Wall Street analysts are on average calculating that Apple will make $51.07 billion in revenue, so expectations are moderately above the high end of the company's guidance.
Label: News
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