Tag: expectations

general

Currency traders pay record fees to hedge against pound swings ahead of UK Autumn Budget

admin

The post Currency traders pay record fees to hedge against pound swings ahead of UK Autumn Budget appeared com. Currency traders are spending more money than usual to shield themselves from sudden moves in the British pound as the UK prepares for its Autumn Budget on November 26. The cost of short-term insurance against these swings has jumped to heights not seen in months. Options contracts covering one week now show traders expect more turbulence ahead. The euro-pound pairing saw the biggest jump, with one-week volatility measures hitting a six-month peak. Protection costs for pound-Swiss franc trades climbed near a four-month high, while pound-dollar hedging reached levels last recorded in early September. The gap between expected volatility and actual price movements in euro-pound now stands at its widest point since April. This suggests traders are ready to pay extra for near-term coverage. Bearish bets mount against sterling Trading patterns over the past month reveal a gloomy outlook for the pound. Records from the Depository Trust & Clearing Corporation show more bets against the currency than for it, in trades involving both the euro and the dollar. The euro trades picked up speed in recent days. Many traders view this pairing as a simpler way to bet on UK-specific troubles, since dollar trades get tangled up with American economic news and reports. Wednesday brought data showing UK inflation dropped in October, marking the first decline in seven months. Despite this, money markets increased their expectations for Bank of England rate cuts. For currency traders, this signals that budget worries now matter more than central bank policy. British markets fell into fresh chaos on Friday as budget rumors sparked concern about the nation’s financial health. Mixed signals about tax policy caused wild swings in government bonds and the pound. Questions mounted about whether the government can tackle the country’s rising debt while keeping its campaign promises to voters and maintaining support.

general

Steadies near 1.3165 as markets brace for key US jobs data

admin

The post Steadies near 1. 3165 as markets brace for key US jobs data appeared com. GBP/USD steadies near 1. 3165 as markets brace for key US jobs data The Pound Sterling (GBP) remains firm during the North American session on Monday as traders prepare for the first Nonfarm Payrolls report from the US following the government reopening, which will be released on Thursday, a day that usually features Initial Jobless Claims. At the time of writing, GBP/USD trades at 1. 3166, virtually unchanged. Read More. GBP/USD picks up to 1. 3180 with UK fiscal concerns still weighing The Pound has bounced up from session lows near 1. 3135, to hit session highs near 1. 3180, but remains moving within previous ranges, extending the choppy and sideways trading seen over the last few weeks. Ongoing concerns about the UK’s public finances and hopes of BoE interest rate cuts are keeping GBP bulls in check. Read More. GBP/USD weakens to near 1. 3150 as BoE rate cut expectations grow on weak UK data The GBP/USD pair declines to near 1. 3155 during the early Asian session on Monday. The Pound Sterling (GBP) softens against the US Dollar (USD) amid concerns about the UK’s fiscal debt and weak economic data from the UK. Bank of England (BoE) External Member Catherine Mann is set to speak later on Monday. Read More. Source:.

general

U.S. Economic Data Set to Drive Crypto Market in Next 45 Days

admin

TLDR: Delayed U. S. economic data now sets the tone for the crypto market outlook over the next 45 days. Labour and inflation numbers will guide expectations for early rate cuts and liquidity shifts. Weakening growth trends could support renewed risk appetite in crypto and equities. Strong economic readings may extend volatility as markets brace for [.] The post U. S. Economic Data Set to Drive Crypto Market in Next 45 Days appeared first on Blockonomi.

general

Cisco stock jumps 8% as AI‑networking orders boost outlook to $60.2B‑$61B

admin

The post Cisco stock jumps 8% as AI‑networking orders boost outlook to $60. 2B‑$61B appeared com. Cisco shares rose 8% in late trading on Wednesday after the company raised its fiscal‑2026 revenue outlook to between $60. 2 billion and $61 billion, according to its Q3 earnings report, with executives saying the new range reflects stronger demand for AI‑ready networking systems. The company reported that its earlier forecast fell short by almost $1 billion, and the new figure put it above expectations tracked by Wall Street, and this is after Cisco outperformed revenue and earnings targets in the second quarter too. The company said it now expects $4. 14 per share in adjusted earnings for fiscal 2026, a number that stands higher than the $4. 05 analysts projected. Demand for secure and fast networking is rising as businesses rush into AI upgrades across data centers, cloud systems, and enterprise networks. AI orders increase as Cisco builds partnerships and updates hardware Cisco CEO Chuck Robbins, speaking to analysts during a conference call, said the company expects the AI pipeline to accelerate in the second half of fiscal 2026. Chuck said customers are moving fast to unlock AI systems, and that networks must stay secure as workloads expand. The company also said late Wednesday that AI infrastructure orders reached $1. 3 billion in the most recent period, compared with $800 million in the quarter before that. Executives said Cisco is redesigning chips and routing systems to handle heavier AI traffic, with upgrades meant to connect large racks of servers used for advanced training models and other compute‑heavy tasks. Cisco is competing against Broadcom and Hewlett Packard Enterprise, which owns Juniper Networks, but the business is also working with Nvidia through a partnership that the company says gives it an advantage in building AI‑optimized network equipment. During the fiscal first quarter, which ended October 25, Cisco reported $14. 9 billion in revenue, showing an 8%.

general

Dominic Sessa on Playing Anthony Bourdain in Upcoming Movie

admin

Dominic Sessa, who stole the spotlight with his breakout role in The Holdovers, is now stepping into the shoes of the late chef, writer, and TV legend Anthony Bourdain. The upcoming biopic, titled Tony, traces not just his brilliance in the kitchen but his endless curiosity and the inner battles that made him so real [.] The post Dominic Sessa on Playing Anthony Bourdain in Upcoming Movie appeared first on ComingSoon. net Movie Trailers, TV & Streaming News, and More.

Sitemap Index