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January 24, 2021

Outlook

FX traders brush off ECB talk, bet euro-dollar has further to run

Reuters
By Saikat Chatterjee, Ritvik Carvalho LONDON (Reuters) – How strong is the euro really? Despite European policymakers’ alarm over its run to 2-1/2-year highs against the dollar, several factors governing exchange rates imply the single currency’s bout of strength is far from over. FILE PHOTO: U.S. Dollar and Euro notes......

Guide to Buccaneers-Packers, Bills-Chiefs: Picks, bold predictions and more

ESPN
6:55 AM ET ESPN staff The conference championship games of the NFL playoffs have arrived, with both kicking off on Sunday. The fifth-seeded Tampa Bay Buccaneers will face the top-seed Green Bay Packers in the NFC Championship Game, and then the No. 2-seeded Buffalo Bills will play the No. 1......

Biden’s Vaccination Target, U.S. Economic Outlook, Push To Reopen Schools : Up First

NPR
NPR President Biden wants 100 million coronavirus vaccinations in his first 100 days. But Pfizer and Moderna have fallen behind in their production. Jobs numbers show another 1.3 million Americans are out of work. So why are economists optimistic? And about half of the country’s students are attending class remotely.......

Leon Cooperman sees ‘euphoria’ in parts of market, says he’s skeptical on long-term outlook

CNBC
CNBC – For more and to sign up click here Leon Cooperman Scott Mlyn | CNBC Billionaire investor Leon Cooperman told CNBC on Wednesday he believes the stock market will struggle to generate meaningful returns in the years ahead, following its robust recovery from pandemic-era lows in the last 10 months. “I......

IEA cuts 2021 oil demand outlook as new Covid lockdowns weigh on fuel sales

CNBC
CNBC – For more and to sign up click here A worker holds a fuel pump nozzle at a gas station in Shah Alam, Malaysia, on Tuesday, Jan. 12, 2021. Samsul Said | Bloomberg | Getty Images LONDON — The International Energy Agency on Tuesday cut its 2021 global oil......

IMF chief sees ‘high degree of uncertainty’ in global outlook

Reuters
FILE PHOTO: IMF Managing Director Kristalina Georgieva attends a news conference ahead of the World Economic Forum (WEF) in Davos, Switzerland January 20, 2020. REUTERS/Denis Balibouse WASHINGTON (Reuters) – The head of the International Monetary Fund said on Monday the global economic outlook remained highly uncertain given the coronavirus pandemic, and a......

NFL playoffs divisional-round guide: Picks, bold predictions and more for every game

ESPN
7:15 AM ET ESPN staff This weekend’s divisional round of the NFL playoffs is stacked with four more great matchups. Our NFL Nation reporters bring us the keys to every game, a bold prediction for each matchup and final score picks. Additionally, ESPN Stats & Information provides a stat to......

Chipotle, Just Eat Takeaway CEOs bullish on return to normal

Reuters
By Hilary Russ, Nivedita Balu (Reuters) – Fast-casual U.S. chain Chipotle Mexican Grill Inc and Dutch delivery company Just Eat Takeaway.com predicted a return to more normal levels of dining out by spring or summer of 2021, they said on Thursday. The two companies, which have both prospered during the......

OPEC says its outlook for the oil market is still clouded by pandemic fears

CNBC
CNBC – For more and to sign up click here An oil pumping jack, also known as a “nodding donkey”, in an oilfield near Dyurtyuli, in the Republic of Bashkortostan, Russia, on Thursday, Nov. 19, 2020. Andrey Rudakov | Bloomberg | Getty Images LONDON — Oil producer group OPEC on......

Crocs shares soar on raised sales outlook through 2021

CNBC
CNBC – For more and to sign up click here Victor J. Blue | Bloomberg | Getty Images Crocs shares soared Monday after the retailer raised its outlook for the fourth quarter, and said it expects sales in 2021 to accelerate as much as 25%, building on the brand’s momentum......

Jewellery maker Pandora shuts one in four stores worldwide

Reuters
FILE PHOTO: A general view of the Pandora shop in Riga, Latvia Febuary 4, 2020. REUTERS/Ints Kalnins COPENHAGEN (Reuters) – Pandora said on Monday new coronavirus lockdown measures had forced it to close a quarter of its stores at the beginning of the year, even as it raised full-year earnings......

Lululemon forecasts fourth-quarter earnings and sales at the top end of outlook thanks to strong holidays

CNBC
CNBC – For more and to sign up click here Pedestrians seen walking past Canadian athletic apparel retailer Lululemon in Shanghai. Alex Tai | SOPA Images | LightRocket | Getty Images Lululemon said Monday it’s now expecting earnings and sales for the fourth quarter to come in at the high......

Investors look to upcoming U.S. earnings for a view into 2021

Reuters
NEW YORK (Reuters) – Investors will be anxious to see whether upcoming quarterly reports and outlooks from U.S. companies validate expectations for a strong 2021 rebound in earnings and the economy, which were ravaged by the coronavirus pandemic last year. FILE PHOTO: Traders wearing masks work, on the first day......

Fed’s Clarida says vaccines have buoyed economic outlook

Reuters
FILE PHOTO: Federal Reserve Vice Chair Richard Clarida talks on the phone during the three-day “Challenges for Monetary Policy” conference in Jackson Hole, Wyoming, U.S., August 23, 2019. REUTERS/Jonathan Crosby/File Photo WASHINGTON (Reuters) – The ongoing distribution of two coronavirus vaccines has lifted the U.S. economy’s prospects for 2021 and......

NFL playoffs wild-card round guide: Picks, bold predictions and more for every game

ESPN
7:15 AM ET ESPN staff The opening weekend of the NFL playoffs has arrived, with six games on the wild-card round slate. Our NFL Nation reporters bring us the keys to every game, a bold prediction for each matchup and final score picks. Additionally, ESPN Stats & Information provides a......

UK’s Barratt benefits as housing market rises from COVID-19 lows

Reuters
By Yadarisa Shabong, Priyanshi Mandhan (Reuters) – Britain’s biggest housebuilder Barratt Developments raised its annual volume forecast on Friday and said it could resume dividend payments next month, after a rebound in demand from COVID-19 disruption drove a solid first-half performance. FILE PHOTO: An advertising board of Britain’s largest homebuilder......

Credit Suisse dims outlook for B&G and Conagra

FoodBusinessNews
NEW YORK — Credit Suisse on Jan. 5 lowered its ratings for B&G Foods, Inc. and Conagra Brands to “underperform” while also lowering its target price for both packaged foods companies. Robert Moskow, research analyst at Credit Suisse, noted in a Jan. 5 research report that the target price for......

NFL Week 17 guide: Picks, bold predictions and playoff implications for every game

ESPN
7:15 AM ET ESPN staff The Week 17 NFL schedule is stacked with great matchups. Our NFL Nation reporters bring us the keys to every game, a bold prediction for each matchup and final score picks. Additionally, ESPN Stats & Information provides a stat to know for each game and......

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