DAILY MARKET REPORT

DAILY MARKET REPORT

Wall Street ended the week with fresh record highs after the release of solid China and US economic data. This week More Wall Street earnings will ensue, especially on Tuesday IBM, Netflix and United Airlines all scheduled to report quarterly earnings after the closing bell. EQUITIES Asian stock markets trading higher on Monday, the trading...
DAILY MARKET REPORT

DAILY MARKET REPORT

Goldman Sachs (NYSE: GS) is scheduled to announce Q4 earnings results today before the market opens. The consensus EPS estimate is $5.48 and the consensus Revenue Estimate is $8.57B. EQUITIES Global Stocks were steady in early Asian trade on Wednesday as investors awaited the signing of an initial U.S.-China trade deal. While Australian shares have...
DAILY MARKET REPORT

DAILY MARKET REPORT

Wall Street’s megabanks Q4 Earnings Session today, Citigroup, JP Morgan and Wells Fargo will announce Q4 earnings today and Bank of America and Goldman Sachs will report on Wednesday. EQUITIES Stocks in Shanghai are up almost 1.9% this month, extending 6.2% gains in December on the back of trade talk optimism. Hong Kong shares also...
DAILY MARKET REPORT

DAILY MARKET REPORT

The US and China trade teams will be meeting in Washington on Wednesday to sign the first phase of their trade agreement. The Trump administration has invited at least 200 people to the White House for the ceremony. EQUITIES Wall Street slipped and bonds rallied on Friday when data showed U.S. nonfarm payrolls missed forecasts...
DAILY MARKET REPORT

DAILY MARKET REPORT

On Wall Street, stocks closed at record highs on Thursday on easing concerns about the conflict between the U.S. and Iran amid signs of de-escalation. EQUITIES World shares hit a record high on Friday as relief over the de-escalation of U.S.-Iranian tensions prompted investors to bet on faster global growth, especially in the technology sector....