The US authorities filed a lawsuit against Facebook - what are the implications?
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.
Russian media companies are complaining that Youtube and Facebook block them. So sad. Now, what about the stock price?
Have you seen the Tesla stock price? But it has already dropped from that high... will it move up again?
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The Canadian central bank will make a monetary policy report and announce interest rates on Wednesday, January 20, at 17:00 MT time. Also, the BOC press conference will be held later.
USD’s rally takes a pause, while riskier assets are modestly rising.