In a call scheduled for January 25, 00:30 am GMT+2, Microsoft will publish the company's earnings for the final quarter of 2022 and comment on the results, projections, and outlook for the nearest future of the company.
European Markets Look to Follow Asia's Positive Lead
2020-09-14 • Updated
Ichimoku Kinko Hyo
AUD/JPY: The pair is trading in a bearish sentiment below the cloud. The currency pair has just surpassed the Kijun-sen and the Tenkan-sen, confirming a bearish momentum.
XAU/USD: Silver stands below retracement area of 50%. It seems that bulls slowly and steadily buy gold.
EU Market View
Asian equity markets were positive across the board and US equity futures also began the week on the front foot. US Senate Majority Leader McConnell said he wished he could say we were going to get another package but added that it does not look that good right now. Looking ahead, highlights from macroeconomic calendar include Eurozone industrial production, ECB's Makhlouf and Lane speeches.
EU Key Point
- Risk looking positive as we enter European session.
- Japan Industrial Production for July (final) comes at 8.7% m/m (prior was 8.0%)
- China has launched an anti-subsidy investigation on some imports from the United States
In a call scheduled for January 25, 00:30 am GMT+2, the Tesla Inc. team will publish the company's earnings for the final quarter of 2022 and comment on the results, projections, and outlook for the nearest future of the company.
The Netflix stock (NFLX), with a market cap of $145.17B and a whooping 10 000+% rise since its inception 16 years ago, experienced some turbulence for a short period last year while trading around the $250 share price. However, the NFLX stock quickly recovered and rose to over $300 towards the end of the previous quarter of 2022.
This week, there are a few high-probability trade ideas I'd like to recommend to you. Trading these setups, be sure to implement a proper risk management approach.
On Thursday, the 2nd of February, the Bank of England will publish its report concerning interest rates and inflation data for the Eurozone. Professionals and investors anticipate that Andrew Bailey’s lead team of policy makers will likely raise interest rates to 4%; the highest in over a decade, for the tenth time in a row.
The first FOMC meeting comes after a buildup of anticipation from traders and investors alike, as the markets await what posture the Fed will take regarding the interest rates; would there be a hike or a cut in interest rates?