NETFLIX stock: overvalued or not?
Netflix releases its Q4'2019 earnings report on Tuesday at 13:00 MT (11:00 GMT). Are you ready to trade stock on it?
Asian equities are narrowly mixed in quiet trade
On Thursday, Asian equities were narrowly mixed, with mere movement with Hong Kong carrier Cathay Pacific in the spotlight.
The Nikkei 225 went down 0.07%, Australia's S&P/ASX 200 sank 0.07%, the Hong Kong index stood intact, and the Shanghai Composite soared 0.38%.
A first-half loss of HKD 2.05 billion – that’s what Cathay Pacific reported on Thursday. The company attributed its mediocre performance in the first half of 2017 to surging competition as well as higher fuel prices. The company’s equities stood still.
Overnight, American shares concluded higher, shaking off poor American housing data along with earlier dismal sentiment following Donald Trump's intention to have his manufacturing council disbanded amid a raft of CEO exits.
Then, traders shifted their attention to the minutes from the Fed’s July gathering later in the trading session that showed members were split on the path of rate lifts considering the slowdown in inflation.
Similar
ALPHABET: the league of giants
You are still in doubt whether it makes sense to trade stocks? Watch this.
ALCOA earnings: surprises are possible
The oldest US aluminum company Alcoa will post its earnings report for the fourth quarter of 2019 on January 16 at midnight.
Latest news
Brexit: on the Queen's table
To be considered an official law, the Brexit paper just needs a signature of the Queen now. How does that affect the GBP?
Retail data may shake the loonie
Canada will publish the headline and core retail sales on January 24 at 15:30 MT time.
The ECB and the euro: surrounded by skeptics
The European Central Bank will publish its monetary policy statement and announce the main refinancing rate on January 23 at 14:45 MT time.
Deposit with your local payment systems
