DISNEY stock: legends and money
Disney's "Mulan" was released yesterday. And there is a lot of publicity about it...
Asian stocks tack on
On Friday, Asian stocks managed to leap, led by a jump in Chinese shares, on expectations that China and America are making progress in trade negotiations, while global bond gains rallied following a prolonged decrease on fears about the economic outlook.
As for European stocks, they’re anticipated to go up, with spread-betters suggesting that France's CAC, Germany's DAX, and Britain's FTSE would start 0.4%-0.5% up.
MSCI's index of Asia-Pacific stocks rallied by 0.75%, while Japan's Nikkei leapt by 0.8%.
As for the Shanghai Composite Index, it surged by over 3.1%.
The mood in the financial markets, it was brighter because American statesmen told that China has come up with proposals in trade negotiations with America on an array of issues, which go further than previously, including on forced technology transfer.
Profits on Wall Street also backed investor optimism. On Thursday, the S&P 500 managed to head north by 0.36%, while the Nasdaq Composite acquired 0.34%.
Notwithstanding recent turbulence, this quarter, the S&P 500 has tacked on by 12.3% percent that would mark its best quarterly outcome since 2009 if persisted.
The 10-year American bond gain soared to 2.402% from a 15-month minimum of 2.352% recorded on Thursday following a nearly relentless dive since the Fed’s dovish tone the previous week generated fears about the American economic outlook.
Thursday’s data uncovered that in the fourth quarter American economic surge turned out to be slower than initially anticipated, with GDP surge updated downwards to an annualized 2.2% from an earlier outcome of 2.6%.
Meanwhile, the common currency was intact, sticking with $1.1232 having tumbled to a three-week minimum of $1.1214 because rumors spread that the ECB is going to introduce a tiered deposit rate.
Similar
TESLA, PFIZER, APPLE: updates of the stock market
Long time we haven't checked the S&P 500 stocks - there are interesting events and trends to follow.
S&P, NVIDIA, ALIBABA: near-term observation
Nvidia and Alibaba report their Q2 results this week. Grab the levels and prepare to step in!
Latest news
US Federal Judge stopped TikTok's ban
China's industrial rebound, progress in US fiscal stimulus and other important news in this article.
US stimulus package improved sentiment
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!
The US weekly labor data is out!
US Initial jobless claims will be announced on Thursday at 15:30 MT time.
Deposit with your local payment systems
