The US authorities filed a lawsuit against Facebook - what are the implications?
Asian equities neglect Wall St. weakness
On Tuesday, Asian equities rallied, shrugging off moderate losses on Wall Street. Meanwhile, expectations of another American interest rate lift in 2017 kept underpinning the evergreen buck.
The Eurostoxx 50 as well as Germany's Dax futures both slid 0.1%. Additionally, France's Cac futures and Britain’s FTSE both dipped a bit.
MSCI's index of Asia-Pacific equities managed to gain 0.6%.
As for Japan's Nikkei stock index, the given benchmark reversed early losses and concluded 0.6% higher because financial markets reopened after Monday’s public holiday.
China shares rebounded from the previous session's 21-month maximums because market participants took revenues on recent gainers and waited for third-quarter economic as well as earning reports. The blue chip CSI300 index sank 0.3%, the Shanghai Composite Index decreased 0.1%.
Korean stocks tacked on 1.6% on their first trading day this month because tech equities led by Samsung Electronics Co Ltd managed to catch up with revenues earned by global stock markets after a long break.
Russian media companies are complaining that Youtube and Facebook block them. So sad. Now, what about the stock price?
Have you seen the Tesla stock price? But it has already dropped from that high... will it move up again?
The European Central Bank will publish the monetary policy statement with the interest rate decision on January 21, at 14:45 MT time.
Joe Biden is going to unveil a Covid-19 relief package of about $2 trillion. After this announcement, the 10-year Treasury yield rose, adding support for the USD.
The US dollar’s weakness offered a boost to emerging-market currencies and oil.