This week Apple, Microsoft, Google, Facebook, Pfizer, and other large US companies will deliver earnings reports…
Nikkei 225 soars in Asia
On Monday, Asian equities grew in thin trading with several regional markets unavailable, including India and China, and minor regional equity reaction to the recent independence referendum in Spain.
The Nikkei 225 inched up 0.16%, Australia's S&P/ASX 200 rallied 1.05%. As for financial markets in Shanghai, South Korea, India and Hong Kong, they were unavailable due to holidays.
The Bank of Japan issued its Tankan poll for the third quarter with market participants closely watching the large manufacturers index because it grew to 22 versus an expected outcome of 18. Additionally, this week traders hope Fed Chair Janet Yellen will offer further hints on the timing of the next rate lift in addition to Friday’s American jobs report.
On Wednesday, market watchers are going to look ahead to remarks by ECB Governor Mario Draghi.
On Monday, Chinese financial markets will be unavailable for a holiday along with India, South Korea and Hong Kong.
Great Britain is expected to issue a report on manufacturing activity.
Virgin Galactic’s Branson flew to space, but the stock of Virgin Galactic (SPCE) dropped. Why?
Virgin Galactic (SPCE) will launch Richard Branson to space on July 11, aiming to beat Jeff Bezos.
What events to follow and how to trade during the week of July 2-6?
EUR/USD retraced to 1.1870 after breaking out this level. It should be just a natural sell-off ahead of the further rally up.
The Fed held a much-awaited meeting yesterday. The bank hasn’t made any policy changes. As a result, the USD weakened and EUR/USD rocketed. Jump in to know all the latest news!