Disney's "Mulan" was released yesterday. And there is a lot of publicity about it...
Asian equities extend their bull run
On Monday, Asian equities extended their bull run amid positive corporate earnings as well as firm global economic surge, while the evergreen buck attempted to bounce even as Washington kept complaining of unfair trade moves by rivals.
MSCI's index of Asia-Pacific sticks gained 0.4%, demonstrating a 12th straight session of revenues. For the year the benchmark has soared 8%.
Japan's Nikkei tacked on 0.5% because the Japanese yen went down a bit, while South Korea demonstrated a record.
In Hong Kong the Hang Seng tacked on 0.5%. It has appeared to be the top notch performer for the year adding more than 11%, followed by Shanghai blue chips with revenues of almost 9%, although the latter went down on Monday.
As for Wall Street, the Dow inched up 2.08%, the S&P 500 acquired 2.22%, while the Nasdaq soared 2.31%.
As a matter of fact quarterly earnings surge for the S&P 500 is anticipated at 13.2%.
Additionally, yields on American two-year Treasuries have inched up firmly to their highest value since 2008.
Long time we haven't checked the S&P 500 stocks - there are interesting events and trends to follow.
Nvidia and Alibaba report their Q2 results this week. Grab the levels and prepare to step in!
The US dollar has broken through the key resistance, it failed to cross since March so far. Riskier assets are dipping. Let’s discuss it in detail.
Services and Manufacturing PMIs are out on Wednesday at 11:30 MT time.
The market sentiment remains risk-off amid rising virus cases around the world and fears over new restrictions and lockdowns.