Asia indices decline on spillover selling from US where stocks had their worst day since October amid overvaluation concerns, earnings pressure, hedge fund liquidations and with the Fed providing a downbeat tone on the economy.
Daily Market Analysis
USD/CAD is eyeing 1.2900. What’s next?
Asian equities traded mixed and attempted to shrug off the weak handover from the US where there was a slight negative bias.
Let's trade exotics. The Russian ruble and the Mexican peso may gain some value against the US dollar in the short-term.
Getting down to 1 845, gold seems to be in no hurry to reach the peaks it left recently. No problem, we can wait...
The UK multinational investment bank HSBC advised its clients to sell the pound in 2021.
AT&T reports its quarterly earnings this Wednesday, at 15:30 MT time. Will it push the stock price?
The leading Canadian investment bank TD Securities is going to sell the EUR and buy the USD in their trade of the week.
As GE reports its earnings (today, 15:00 MT), we look into its fundamental and technical outlook... and find it a worthy buy.
On Wednesday, at 00:20 MT (after Tuesday's midnight), Microsort reports it quarterly performance. Will it push the stock price above $230?
President Joe Biden is expected to sign a new “Buy American” order, underlining the essential continuity of US trade policy despite the radical change of tone expected from Donald Trump’s administration.
We love earnings season! And you? Let’s go over the main earnings releases of the current week.