The US authorities filed a lawsuit against Facebook - what are the implications?
Asian equities reach 10-year maximum ahead of American data
On Friday, Asian equities soared to a 10-year maximum due to expectations of brisk global surge, although market participants held off chasing stocks higher ahead of American economic data as well as next week's Chinese Communist Party Congress.
MSCI's broadest index of Asia-Pacific stocks outside Japan gained 0.15%, having soared 3.6% so far in October. Japan's Nikkei grew 0.2% hitting another 21-year maximum.
On Thursday, Wall Street equities sank a bit, suppressed by a dip in AT&T right after the telecoms company posted subscriber losses in its cable TV business.
However, MSCI's broadest indicator of the world stock exchanges gauging up to 47 markets also stood kept to record maximums, extending its revenues so far in 2017 to 17%.
China's trade data demonstrated that in September surge in both imports and exports speeded up, with imports surpassing hopes, contributing to the evidence of recent resilience in the Chinese economy.
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.