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 equity markets tack on after Wall Street
On Thursday, the stock indices of the Asia-Pacific region demonstrated positive dynamics after the active soar on Wall Street, while a minor dive was seen only in mainland China.
The MSCI Asia Pacific index went up by 0.5%.
The Japanese indicators Nikkei 225 as well as Topix jumped by respectively 0.9% and 0.6%. The leaders of surge were represented by chemical companies – their index rallied by 1.8%, while Shiseido Co managed to gain 5.6%.
In addition to this, equities of car makers, including Toyota Motor Corp managed to ascend by 0.9%, Mazda Motor Corp gained 1.2%.
The Australian S&P/ASX 200 soared by 0.5%.In April, Australia cut exports by approximately 2% compared with the previous month following a 1.7% jump in March. The dive occurred because of the decreased supply of iron ore as well as coal abroad. Simultaneously, the value of imports didn’t change, while in March, there was a 0.7% leap. In April, trade surplus of Australia was a bit less than anticipated.
The market value of the world's number one mining companies BHP Billiton as well as Rio Tinto edged up by respectively 2.1% and 3.3%.
As a matter of fact, the Chinese index of the Shanghai Composite went down by 0.01%. As for the Shenzhen Composite, it lost 0.3%, while the Hong Kong Hang Seng ascended by 0.6%.
In Shanghai, steel went up by 2.5% on Thursday, hitting a peak of 3 months - 3,869 Yuan. It became possible due to reports that China’s actually tightening environmental inspections in industrial enterprises. Besides this, inventories of steel in this Asian country keep diving.
As for the value of the South Korean index Kospi, it dived by 0.7%.
Moreover, the capitalization of one of the world's leading semiconductor producers Samsung Electronics Co. tumbled by 1.2%.
You are still in doubt whether it makes sense to trade stocks? Watch this.
The oldest US aluminum company Alcoa will post its earnings report for the fourth quarter of 2019 on January 16 at midnight.
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.
Donald Trump spoke at the World Economic Forum in Davos. You have to hear this.