< Back to Trader Blog Articles

Trader Talk: An Analysis of the Markets this Morning

Good morning,

Markets qare called to open lower this morning. This is what’s driving the markets today:

    • The Federal Reserve signalled a faster timetable for raising rates.
    • Germany reported producer prices declined 0.9% in February from a year earlier.
    • China said it would speed up already decided measures to support economic growth.

    Qualcomm, Intel Threatened as Allwinner Gains Tablet Share

    Intel and Qualcomm, the two largest U.S. chipmakers, are under threat in the fastest-growing part of the tablet market from a band of upstarts with names like Allwinner Technology and Fuzhou Rockchip Electronics that are little known outside southern China.

    Allwinner became the No. 2 tablet-processor maker behind Apple in 2012 as demand for cheaper tablets stoked sales of its low-cost chips. Qualcomm ranks third, while Intel comes in at No. 6, following Rockchip.

    The Chinese chipmakers’ rapid rise has been fueled by their quick response to a shift in the tablet market toward budget machines, which are providing many consumers in emerging regions with their first access to the Internet on a larger screen. The young companies have jumped on that trend by providing the devices with low-cost components based on ARM Holdings designs, the same technology used by many of their more established rivals.

    Stock to watch: BMW

    BMW, the world’s biggest maker of luxury autos, surged to a record high after forecasting a significant gain in 2014 profit as models like the 4-Series Gran Coupe and i8 sports car propel sales.

    Pretax profit will rise by at least a high single-digit percentage above 2013’s €7.91 billion, Chief Financial Officer Friedrich Eichiner said today at the annual press conference in Munich. Earnings will be lifted by 16 new and refreshed models and lower development spending.

    Competition among Germany luxury-car makers is heating up as Volkswagen AG’s Audi division, which ranks second in the segment on an annual basis, outsold BMW’s namesake brand in the first two months of 2014. Daimler AG’s Mercedes-Benz, which holds third place, has boosted deliveries faster than the two larger rivals in recent months. Management of BMW said that sales gains should be stronger in the second half.

    For a copy of our latest report on BMW or Volkswagen, log into web trader or contact our offices on 25688688.

    Companies in Europe reporting today:

      • Bollore (BOL FP) aftermkt
      • Flughafen Zuerich (FHZN SW) 7am
      • Havas (HAV FP) 5:30pm
      • Hermes (RMS FP) 8am
      • Lanxess (LXS GR) 7:30am
      • Next (NXT LN) 8am
      • Ophir Energy (OPHR LN) 8am
      • Investec (INVP LN) 8am
      • United Utilities (UU/ LN) 3Q sales
      • Volvo (VOLVB SS) 8am, Feb. sales

      Good day and happy trading!

      Kristian Camenzuli

      The Calamatta Cuschieri Traders Blog is available daily on CC WebTrader. Other market coverage including coverage of the International Bond Markets is also available.

      Important(Notices)
      The information provided on this website is being provided solely for educational and informational purposes and should not be construed as investment advice, advice concerning particular investments or investment decisions, or tax or legal advice. Similarly any views or opinions expressed on this website are not intended and should not be construed as being investment, tax or legal advice or recommendations. Investment advice should always be based on the particular circumstances of the person to whom it is directed, which circumstances have not been taken into consideration by the persons expressing the views or opinions appearing on this website. Calamatta Cuschieri & Co. Ltd. (CC) has not verified and consequently neither warrants the accuracy nor the veracity of any information, views or opinions appearing on this website. You should always take professional investment advice in connection with, or independently research and verify, any information that you find or views or opinions which you read on our website and wish to rely upon, whether for the purpose of making an investment decision or otherwise. CC does not accept liability for losses suffered by persons as a result of information, views or opinions appearing on this website.
      This website is owned and operated by Calamatta Cuschieri & Co. Ltd (Co. Reg. No. C13729) of 5th Floor, Valletta Buildings, South Street, Valletta VLT 1103, Malta. CC is licensed to conduct Investment Services in Malta by the Malta Financial Services Authority.