Stocks settle in for nervous wait on US CPI [Yahoo! Finance]
BP p.l.c. (BP)
Last bp p.l.c. earnings: 4/29 04:01 pm
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Source: Yahoo! Finance
The S&P 500 had dipped 0.3% overnight, and US futures were 0.1% higher in the Asia morning. If inflation meets expectations, the dollar index may drift lower towards 105.1, but if core inflation comes in at 0.4% or higher, the dollar index could shoot up towards 108.1, and the trade is to buy USD and sell stocks on 0.4% and do nothing otherwise. The median forecast of economists polled by Reuters is for headline and core US consumer prices to increase 0.3% month on month, with no forecasts above 0.3%, which analysts say leaves markets vulnerable to a surprise. China's resumption of gold buying for reserves has helped spot prices break a recent range, with gold above its 200-day moving average at 2,700 an ounce, while oil prices were broadly steady with Brent crude futures at 72.48 a barrel. Traders see an 89% chance of a super-sized 50 basis point rate cut, which would bring the overnight rate to 3.25%, and the Canadian dollar touched a 4-1/2 year low on Tuesday, and was close
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News
- BP, Iraq Advance Redevelopment of Kirkuk Oil Fields [Yahoo! Finance]Yahoo! Finance
- BP p.l.c. (NYSE: BP) had its price target lowered by analysts at Piper Sandler from $36.00 to $32.00. They now have a "neutral" rating on the stock.MarketBeat
- BP (BP) Ascends While Market Falls: Some Facts to Note [Yahoo! Finance]Yahoo! Finance
- Sir Jim Ratcliffe's Ineos says U.K. is too ‘negative' as chemicals group opts to pump $3 billion into Trump's U.S. instead [Fortune]Fortune
- BP: A Cannibal Stock In The Making? [Seeking Alpha]Seeking Alpha
BP
Earnings
- 10/30/24 - Beat
BP
Sec Filings
- 12/19/24 - Form 6-K
- 12/10/24 - Form 6-K
- 12/5/24 - Form 6-K
- BP's page on the SEC website