Market Overview
Natural gas prices are rising amid falling inventories. The Bank of England expectedly kept the rate
2024.05.10
Equinix (EQIX) climbed more than 11% and topped the list of top gainers in the S&P 500 after reporting adjusted first-quarter earnings of $992 million, above the consensus forecast of $976.9 million.
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Strong data on China's trade balance fuels Asian indices
2024.05.09
Lyft shares are up more than 6% after the company reported better-than-expected first-quarter gross orders and forecast second-quarter gross orders above consensus. On the negative side, Uber Technolo...
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Oil prices are rising amid rumors of increased production by OPEC countries. European indices are growing amid the "dovish" position of the ECB
2024.05.08
First-quarter earnings results were mostly better than expected, which is favorable for the stock. First-quarter earnings are expected to be up 6.5% YoY, well above the 3.8% forecast before the report...
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The RBA kept all monetary policy settings. Oil rises amid the breakdown of negotiations between Israel and Hamas
2024.05.07
The Dollar Index stabilized above 105 on Tuesday as investors continued to assess the Federal Reserve's monetary policy outlook in light of the central bank's recent comments.
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Investors expect a hawkish stance from the RBA. Natural gas prices returned to growth
2024.05.06
The US jobs report recorded a 175,000 increase in Non-farm payroll employment for April, compared to the consensus forecast of 240,000, while March data was revised slightly upward to 315,000 from 303...
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Week's main events Week's main events (May 06 – May 10)
2024.05.06
Investors' attention this week is focused on RBA and BoE Interest Rate Decisions
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The British index has updated the historical maximum. Oil lost 5% over the week
2024.05.03
On Thursday, Apple (AAPL) reported second-quarter results that beat Wall Street expectations, thanks to better-than-expected performance in its key China market.
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US Fed tilts towards a rate cut despite the postponement. HKMA left the rate unchanged at 5.75%
2024.05.02
WTI crude oil prices stabilized above $79 per barrel on Thursday amid speculation that the US government may move to replenish its strategic oil reserves as it seeks to buy back oil at or below $79 pe...
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WTI oil declines on rising inventories and negotiations between Israel and Hamas. Rising unemployment in New Zealand may force RBNZ to start cutting rates earlier
2024.05.01
Amazon (AMZN) reported strong first-quarter results Tuesday, led by growth in its cloud computing division and new advertising dollars from its Prime Video streaming service.
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Optimism over corporate earnings is fueling stock indices. The Hong Kong index reached a 5-month high
2024.04.30
According to Bloomberg Intelligence, about 81% of the S&P 500 companies already reported beat first-quarter earnings estimates.
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