This week Apple, Microsoft, Google, Facebook, Pfizer, and other large US companies will deliver earnings reports…
Taiwan equities dive at close of trade
On Tuesday, Taiwan stocks declined after the close. It’s because dips in the Information Services along with Computers & Peripherals sectors suppressed equities.
The Taiwan Weighted went down 0.28%.
Loop Telecommunication International Inc, Jui Li Enterprise Co Ltd and Tai Precision Industrial Co Ltd rallied 10.00%, 10.00% and 9.94% respectively, thus becoming the best performers of the trading session on the Taiwan Weighted.
As for losers, these were Ocean Plastics Co Ltd, Sun Race Sturmey-Archer Inc and Winbond Electronics Corp. They tumbled respectively 9.91%, 9.87% and 5.18%.
Declining equities outclassed soaring ones on the Taiwan Stock Exchange by 462 to 293, while 120 were intact.
Equities in Loop Telecommunication International Inc rallied to 5-year maximums, adding 10.00% and hitting 22.55.
The currency pair USD/TWD slumped 0.06% being worth 30.137. TWD/CNY grew 0.09% hitting 0.2203.
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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!