Netflix releases its Q4'2019 earnings report on Tuesday at 13:00 MT (11:00 GMT). Are you ready to trade stock on it?
Retail equities lag quiet EU market start on competition concerns
On Friday, new concerns over competition affected Ahold as well as other EU retail equities in opening deals because the broader market tacked on ahead of speeches by major bankers at the Jackson Hole gathering in America.
Ahold went down 5% after online giant Amazon.com announced it’s going to dip prices on a range of its goods as it’s about to conclude its acquisition of Whole Foods Market.
The Dutch supermarket boasts a firm presence on the east coast of the United States.
However, revenues among financials as well as an ongoing surge in Fiat Chrysler stocks on everlasting merger negotiations helped to back the broader market, bringing the pan-European STOXX 600 index up 0.2%. In Great Britain FTSE rallied by 0.2%.
The retail index went down 0.8%, leading sectoral losers in the region. Additionally, in the sector stocks in French supermarkets Casino as well as Carrefour went down 0.9% and 1.4% respectively, while Tesco along with Sainsbury declined too.
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The oldest US aluminum company Alcoa will post its earnings report for the fourth quarter of 2019 on January 16 at midnight.
To be considered an official law, the Brexit paper just needs a signature of the Queen now. How does that affect the GBP?
Canada will publish the headline and core retail sales on January 24 at 15:30 MT time.
The European Central Bank will publish its monetary policy statement and announce the main refinancing rate on January 23 at 14:45 MT time.