Forex Signals Weekly Brief: Ferrari, AMD, SMCI and BP Q1 Earnings Next
Today we have more Q1 earnings from major names, such as BP, Ferrari, AMD, SMCI etc, which will keep markets on their toes again.
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Last updated: Wednesday, June 4, 2025
Quick overview
- Major companies like BP, Ferrari, and AMD are set to release Q1 earnings, influencing market sentiment.
- The U.S. dollar weakened against most currencies despite mixed economic data, with the ISM Services PMI showing moderate expansion.
- WTI crude oil prices declined amid cautious market sentiment, while U.S. bond yields inched higher, reflecting rising rate expectations.
- Gold prices surged due to geopolitical uncertainty, reclaiming upward momentum after a brief pullback.
Today we have more Q1 earnings from major names, such as BP, Ferrari, AMD, SMCI etc, which will keep markets on their toes again.
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ABOUT THE AUTHOR
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Skerdian Meta
Lead Analyst
Skerdian Meta Lead Analyst.
Skerdian is a professional Forex trader and a market analyst. He has been actively engaged in market analysis for the past 11 years. Before becoming our head analyst, Skerdian served as a trader and market analyst in Saxo Bank's local branch, Aksioner. Skerdian specialized in experimenting with developing models and hands-on trading. Skerdian has a masters degree in finance and investment.
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