Disney's "Mulan" was released yesterday. And there is a lot of publicity about it...
Asian equities start data-heavy week with revenues
On Monday, Asian equities turned positive, shrugging off a fresh North Korean missile test, and market participants shifted their focus to a bunch of economic reports as well as earnings this week. Meanwhile, the greenback crept up, though it was still capped by American political concerns.
European equities are braced for a muted start, with financial spreadbetter CMC Markets actually expecting the UK’s FTSE 100, France's CAC 40 and Germany's DAX to all start nearly intact.
Outside Japan MSCI's broadest index of Asia-Pacific stocks reversed early losses to inch up 0.25%.
Chinese equities ascended, underpinned by several leading companies' predictions for firm mid-year profits. The blue-chip index along with the Shanghai Composite both headed north 0.6%. In Hong Kong, the Hang Seng grew 1% hitting a two-year maximum.
That solid performance came notwithstanding a dip in official China’s manufacturing and services purchasing managers' indices for July. However, they fluctuated above the 50-point level, separating contraction from surge on a monthly basis.
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 market sentiment is mixed as investors weigh US stimulus package against the rising infections and worse-than-expected US unemployment claims. Jump in for fresh analysis of EUR/USD, USD/JPY, S&P 500 and gold!
US Initial jobless claims will be announced on Thursday at 15:30 MT time.
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.