Disney's "Mulan" was released yesterday. And there is a lot of publicity about it...
Asian stocks are mixed as political risk impacts Tokyo and Sydney
On Wednesday, Asian stocks were mixed with China reporting slight revenues, while Sydney and Tokyo were affected by political risk concerns.
A recently launched North Korean ballistic missile, reportedly capable of a nuclear warhead, fell in Japan’s exclusive economic zone.
The Nikkei 225 inched down 0.52%, while Australia's benchmark S&P/ASX 200 index tumbled 0.16%. Meanwhile, the Shanghai Composite acquired 0.32%, the Hong Kong Hang Seng index gained 0.48%.
According to Wednesday’s Caixin services PMI surge in China's services sector decreased in June. The Caixin services PMI went down to 51.6 from the 52.8 figure observed in May. As for the June composite PMI, taking into account both the manufacturing and services sectors, it sank to 51.1 compared with the 51.5 number observed the previous month.
Overnight, American shares were closed for a holiday ahead of the Wednesday publication of Fed minutes from the June gathering expected to offer greater insight into the likelihood for another rate lift this year.
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.