Netflix releases its Q4'2019 earnings report on Tuesday at 13:00 MT (11:00 GMT). Are you ready to trade stock on it?
Asian equities surge as market appreciates Fed meeting
On Monday, Asian equities soared led by the Hang Seng index because market sentiment on the global economic outlook was still firm ahead of an American key bank gathering this week.
The Nikkei 225 rallied 0.52%, while the Hang Seng tacked on 1.04%. Additionally, the Kospi leapt 1.0%. Meanwhile, in Australia S&P/ASX 200 earned 0.50%, the Shanghai Composte jumped 0.25%.
The Federal Reserve Open Market Committee is expected to have a two-day gathering slated for September 19-20, and the members are supposed to hold steady. Investors are waiting for initial details on winding back the Fed’s balance sheet.
The previous week, the ascend on Wall Street kept unrolling as American equities notched a weekly revenues on Friday notwithstanding data disclosing a sudden sag in retail sales the previous month tapering hopes for firm third quarter economic surge.
The Dow Jones Industrial Average concluded higher showing 2268.34. As for the S&P 500, it leapt 0.18%, the Nasdaq Composite concluded at 6448.47, ascending 0.30%.
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The oldest US aluminum company Alcoa will post its earnings report for the fourth quarter of 2019 on January 16 at midnight.
To be considered an official law, the Brexit paper just needs a signature of the Queen now. How does that affect the GBP?
Canada will publish the headline and core retail sales on January 24 at 15:30 MT time.
The European Central Bank will publish its monetary policy statement and announce the main refinancing rate on January 23 at 14:45 MT time.