Three more corporations reported their earnings today. While the US session is still closed, let's see the data - it's pretty strong!
FTSE 100 is stuck in holding pattern, with record maximum in sight
On Wednesday, British equities traded in tight ranges because market participants waited for fresh catalysts to push the markets up and break into new record territory.
The FTSE 100 index UKX slumped 0.1% being worth 7,534.49, which is 0.2% below the record maximum reached on May 26.
The London benchmark has recently been spurred by a dip in the British pound as well as by renewed confidence that Prime Minister Theresa May might hold onto her cabinet’s support for her Brexit initiatives.
May told that the ball is currently in the EU’s court for moving talks along. The prime minister also stressed that the British government is preparing for the divorce negotiations, but they might fail and offer no Brexit deal.
Meanwhile, the currency pair GBPUSD tumbled to $1.3193, sliding from $1.3204 hit on Tuesday.
Equities of Mondi PLC MNDI slid 8.6% right after the packaging and paper group informed that underlying performance for 2017 is supposed to be a bit below market expectations.
As the earnings season kicks in, JPMorgan is the first to impress us with the better-than-expected data!
Nike has dropped to lows unseen since November of 2020 as it faces a boycott in China over Xinjiang's cotton issues.
In this article, you'll find the list of the hottest stocks to trade on April 19-23, which will publish their earnings!
While Citigroup reports better-than-expected quarterly data, it is also aims at restructuring its global presence. What will be the impact?
What's moving markets on Friday? What is the hottest news? Let's find out!