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Daily Market Analysis
The global recovery increased the demand for crude oil and dragged the price to the pre-crisis levels.
Western Union reports its earnings on Wednesday, at 23:30 MT time - will it beat the expected EPS of $0.42?
Coca-Cola releases its earnings report on Wednesday, 15:30 MT time. Will it outperform and push the stock price?
Asian equities were mostly positive after the stimulus-driven momentum on Wall St. which lifted all major US indices to fresh unprecedented levels.
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General Motors will report its earnings on February 10 at 17:00 MT time (GMT+2). The market forecast is $1.64 per share.
Cisco will publish its earnings report in the night of February 9-10. What to expect?
Global equity markets have scaled record highs in recent days on hopes for a faster economic revival led by successful vaccine rollouts and expectations of a large US pandemic relief package.
Twitter will publish its earnings report on the night of February 9-10. The exact time is February 10, 01:00 MT time (GMT+2). The initial forecast is $0.29 per share.
Asia-Pac stocks traded higher as regional bourses took their cues from the fresh all-time highs on Wall Street.
World stock markets were fighting for a fourth day of gains on Thursday as a near one-year high in oil prices, a revitalized dollar and rising bond yields refocused attention on inflation and normalizing economies.