World shares rose to new all-time highs overnight and European indexes strengthened, with market sentiment generally upbeat on the prospect of fiscal stimulus and vaccine rollouts and ahead of a speech by U.S. Federal Reserve Chair Jerome Powell.
Daily Market Analysis
This Thursday Disney reports its earnings at 23:30 MT time (GMT+2). Analysts are expecting $15.89 billion in sales and -$0.33 loss per share.
The US dollar has seen some heavy fluctuation recently. Although it gained some strength here and there, mostly, it has been going weak against its main peers in the Forex market. Let's check it out.
USD/CAD reversed down from 1.2865 last week and formed a candlestick with a long upper wick on the W1.
Will PepsiCo's earnings report push the stock price? See it on Thursday!
Jump in to get the technical analysis of EUR/GBP, GBP/USD, and gold!
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.
Read the report to get the analysis of EUR/USD, EUR/JPY, CAD/JPY, and gold!
General Motors will report its earnings on February 10 at 17:00 MT time (GMT+2). The market forecast is $1.64 per share.