The US authorities filed a lawsuit against Facebook - what are the implications?
Will the Apple stocks rise?
Do you know that you can trade stocks of the top companies with FBS? This is not just a random reminder, as Apple is going to make some exciting announcements today at 19:00 MT time! So don’t forget to check your MT 5!
What to expect?
During the so-called “It’s Showtime” event, the company will announce some of its new products and services.
One of the most anticipated announcement is, of course, the launch of a Netflix rival alongside with the new Apple TV. In addition, it is expected that Apple plans to announce an updated Apple News Subscription, which would aggregate news and magazine subscriptions into one product.
What else we may expect from the meeting? Last week, Apple CEO Tim Cook announced its second generation of AirPods. This announcement led to speculation on whether the long-awaited AirPower mat, a wireless charging system for Apple devices, would be released as well.
What about the stocks?
On Friday, Apple stocks plunged to the support at 189.55 on the risk aversion. If they continue to fall, the next support will lie at 185.90. Otherwise, if today’s release supports the price for Apple shares, it will rise above the resistance at 196.3. The next resistance in focus is placed at 209.5.
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?
The European Central Bank will publish the monetary policy statement with the interest rate decision on January 21, at 14:45 MT time.
Joe Biden is going to unveil a Covid-19 relief package of about $2 trillion. After this announcement, the 10-year Treasury yield rose, adding support for the USD.
The US dollar’s weakness offered a boost to emerging-market currencies and oil.