Disney's "Mulan" was released yesterday. And there is a lot of publicity about it...
Asian stocks are mixed with slumping Tokyo and Shanghai
On Friday, Asian markets offered quite mixed performance, pointing mostly higher, although Shanghai and Tokyo went down because commodity-dependent stocks declined on a stronger greenback that makes imports priced in the US currency less affordable.
Japan's Nikkei 225 sagged 0.19%.
South Korea's Kospi managed to earn 0.77%. Australia’s S&P/ASX 200 lost 0.70%. As for the Hang Seng Index in Hong Kong, it was intact, while the Shanghai Composite headed south 0.2%.
Overnight, American shares demonstrated records peaks because market participants appreciated the publication of better than expected initial jobless claims reports, while the Fed minutes kept driving market sentiment amid a dent in hopes that the major US bank would lift rates for a total of three times this year.
The American economy kept showing signs of a rebound in the second quarter, right after initial jobless claims inched up less than expected.
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!
China's industrial rebound, progress in US fiscal stimulus and other important news in this article.
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.