- Natural Gas:4.9665-0.2975-5.65%
- UK 100:6,984.30-85.900-1.21%
- WTI Oil:71.785-0.8450-1.16%
- S&P 500:4,432.99-40.760-0.91%
Forecasts & Analysis |
Earnings Week Ahead: Lennar, Autozone, FedEx, Nike and Costco Wholesale in Focus
Following is a list of company earnings scheduled for release Sept 20-24, along with earnings previews for select companies. Next week’s earnings are probably not much significant for major market movements, but it is adequate to gauge investors’ sentiment.
USD/CAD: Loonie Hits Nearly One-Month Low Ahead of Snap Election
The Canadian dollar hit a near one-month low against its U.S. counterpart on Friday as falling energy prices and September 20 election uncertainties weighed on the commodity currency.
Price of Gold Fundamental Daily Forecast – Steady-to-Lower Ahead of Consumer Sentiment Report
Trader reaction to a short-term retracement zone at $1757.40 to $1738.60 should set the tone for the session.
Natural Gas Price Fundamental Daily Forecast – Normal Correction Could Drive Prices Back to $4.867 – $4.649
While we don’t expect to see a change in trend, we do think there is room for a normal 50% to 61.8% correction of the recent rally.
Preview: What to Expect From FedEx’s Q1 Earnings on Tuesday
The Memphis, Tennessee-based multinational delivery services company FedEx is expected to report its fiscal first-quarter earnings of $5.00 per share, which represents year-over-year growth of about 3% from $4.87 per share seen in the same period a year ago.