Netflix releases its Q4'2019 earnings report on Tuesday at 13:00 MT (11:00 GMT). Are you ready to trade stock on it?
Asia-Pacific equities mostly ascend
On Friday, stock indexes of the Asia-Pacific region concluded mainly up, although market participants were cautious, watching the second round of trade negotiations between the US and China. While accusing the trade policies of previous administrations, US President Donald Trump told that China had become very bad and expressed doubts about the success of trade talks.
The Chinese stock market concluded today's trading with surge due to strengthening sectors of crude as well as gas equipment, not to mention insurance and finance.
At the time of closing on the Shanghai Stock Exchange, the Shanghai Composite rallied by 1.23%, hitting a monthly maximum.
Among the leaders of the growth among the components of the Shanghai Composite Index were the equities of Offshore Oil Engineering Co Ltd that soared by 0.6%. Stocks of Xinjiang Dushanzi TianLi High & NewTech Co Ltd added by 0.5%. Paper Anhui Province Natural Gas Development Co Ltd jumped by 1.2%.
The Japanese market grew against the background of the depreciation of the Japanese yen, which turns to be beneficial to local exporters. Meanwhile, the data released today disclosed that the main rate of inflation in Japan speeded down in April compared to the previous month, and didn’t meet expectations.
The surge of the national consumer price index in Japan dived to 0.6% in April from 1.1% in March, as the Ministry of Internal Affairs and Communications of Japan told today. Moreover, the indicator turned out to be below the expected surge of 0.7%. The main consumer price index managed to ascend by 0.7% in April on an annualized basis, which happens to be lower than the 0.8% ascend forecast and also below 0.9% recorded in the previous month.
Equities of Sony, Canon, Mitsubishi Electric and Panasonic soared in the range from 0.4 to 0.8%.
You are still in doubt whether it makes sense to trade stocks? Watch this.
The oldest US aluminum company Alcoa will post its earnings report for the fourth quarter of 2019 on January 16 at midnight.
Canada will publish the headline and core retail sales on January 24 at 15:30 MT time.
The European Central Bank will publish its monetary policy statement and announce the main refinancing rate on January 23 at 14:45 MT time.
Donald Trump spoke at the World Economic Forum in Davos. You have to hear this.