Oracle Q1 earnings<\/p>\n
Tuesday 9 September\u00a0
\nAnalysts expect Oracle to report that Q1 earnings grew 6.6% year-on-year to $1.48 a share as revenue rose an estimated 13% over the same period to $15.0bn, with gross margin slipping to 70.0% from 71.8% a year ago. Looking ahead to the fiscal second quarter, analysts forecast earnings of $1.62 a share on revenue growth of 15.3% to $16.2bn, with a gross margin of 70.1%. The tech group\u2019s shares \u2013 up 34% this year at $223, as of Thursday\u2019s close \u2013 could rise or fall around 8% following the Q1 results, based on options market positioning.<\/p>\n
Options traders appear to be taking a bearish stance against the New York Stock Exchange-listed company, whose shares have fallen more than 10% from the year-to-date highs they reached in early August. Further analysis indicates that $215 (the uppermost dotted orange line on the chart below) could be a key level of support for Oracle, should the stock fall after it publishes its Q1 results. A break below this level could send the share price down towards $175, filling a gap that was created after the previous earnings release.\u00a0<\/p>\n
Momentum, as measured by the relative strength index (RSI<\/a>), has declined to 35, just above the 30-mark that typically represents oversold territory, suggesting that the stock may have further to fall in the near term. Upside potential seems more limited, with strong resistance around $240. The S&P 500<\/a> constituent may need to deliver very strong results on Tuesday to break through this barrier. Moreover, the stock\u2019s recent weakness could be a warning sign ahead of the release.<\/p>\n Oracle share price, October 2024 – present<\/p>\n \u00a0<\/p>\n ECB interest rate decision<\/p>\n Thursday 11 September\u00a0 With the Federal Reserve expected to cut rates this month and the ECB likely to signal that it intends to keep rates on hold, the near-term outlook should be supportive for the euro. However, after its upward move in the first half of the year, EUR\/USD<\/a> has moved sideways since July. The pair has failed to break out of the trading range around $1.17, and in the past month the RSI has also moved sideways, underlining the lack of momentum.\u00a0<\/p>\n That said, the period of stagnation may be drawing to a close. As highlighted on the below chart, the long-term uptrend and shorter-term downtrend are converging, hinting at the potential for a breakout. If EUR\/USD resumes its long-term uptrend, it could soon retest $1.18.<\/p>\n EUR\/USD, August 2024 – present<\/p>\n \u00a0<\/p>\n US August CPI<\/p>\n Thursday 11 September\u00a0![](\"https:\/\/www.newsbeep.com\/nz\/wp-content\/uploads\/2025\/09\/oracle_05_09_25.webp.jpeg\")
Sources: TradingView, Michael Kramer<\/p>\n
\nThe market expects the ECB to keep interest rates unchanged at its upcoming meeting. And it might be a while before rates are lowered again \u2013 markets are pricing in the next rate cut for March 2026. However, eurozone inflation ticked up to 2.1% in the year to August, casting doubt over the prospect of further reductions to the cost of borrowing.<\/p>\n![](\"https:\/\/www.newsbeep.com\/nz\/wp-content\/uploads\/2025\/09\/eurusd_05_09_25.webp.jpeg\")
Sources: TradingView, Michael Kramer<\/p>\n
\nEconomists estimate that US consumer prices increased 0.3% month-on-month in August, accelerating from 0.2% in July, while the core consumer price index (CPI) \u2013 which excludes volatile food and energy prices \u2013 is forecast to remain unchanged. These figures may be Fed hawks\u2019 last hope of avoiding a first rate cut of 2025. Unless there\u2019s a sharp spike in inflation, it\u2019s likely that on 17 September policymakers will vote to cut the benchmark interest rate by 25 basis points to a target range of 4% to 4.25%.\u00a0<\/p>\n
![](\"https:\/\/www.newsbeep.com\/nz\/wp-content\/uploads\/2025\/09\/usdjpy_05_09_25.webp.jpeg\")
Sources: TradingView, Michael Kramer<\/p>\n