In this article, you'll find the list of the hottest stocks to trade on April 19-23, which will publish their earnings!
Asian equities mostly slump with HK bucking trend
On Wednesday, Asian equities mostly dived in light regional trade, although Hong Kong managed to gain because interest in property stocks was obvious.
Japan's Nikkei 225 went down 0.02%, the S&P/ASX 200 sank 0.07%. Besides this, in Australia, the wage price index for the second quarter tacked on 0.5% exactly as expected.
Additionally, Australian biopharma CSL lost 3.96% notwithstanding a full-year underlying net revenue after tax up 24% versus 2016.
The Shanghai Composite sagged 0.18%, while Hong Kong’s Heng Seng index demonstrated a 0.58% surge because property stocks gained favor.
Overnight, American stocks closed intact because better-than-expected retail sales data compensated a tumble in retail as well as telecom stocks, while US-North Korea tensions relieved, spurring demand for risker assets.
Retail equities capped revenues on the broader market because outlook on the sector became negative, reacting to a dip in stocks of Home Depot as well as Dick’s Sporting Goods.
While Citigroup reports better-than-expected quarterly data, it is also aims at restructuring its global presence. What will be the impact?
Three more corporations reported their earnings today. While the US session is still closed, let's see the data - it's pretty strong!
Read the daily report to get the full market wrap!
The European Central Bank is holding a meeting on April 22 at 14:45 MT time. What to watch?
The Bank of Canada (BOC) will publish the rate statement and the update on the interest rate on April 21, at 17:00 MT time.