Market News 26/7
✅HK50 went up. Alibaba announced plans to seek a primary listing in Hong Kong, paving the way for investors in China to directly buy its shares.
🤯Russia is once again sharply reducing the flow of piped gas to Germany, reminding Europe of the daunting challenge the continent faces to build up its energy stockpiles before winter. XNGUSD surged above 8.50.
😷China has forced some of its biggest companies, including iPhone maker Foxconn to operate within a “closed loop” restricted system for seven days as the southern manufacturing hub of Shenzhen battles its latest Covid outbreak.
💰The US dollar index is hovering above the support of 106.00 ahead of tomorrow’s Fed meeting. EURUSD is between the 1.0270 resistance and the 1.0175 support. XAUUSD recovered from 1715.
🔮The International Monetary Fund will update the world's economic outlook. We’ll find out how the IMF estimates the probability of a global recession.
📉The stock of Walmart slid by more than 8% in extended trading Monday as the company said adjusted earnings per share will fall as much as 13% in the current fiscal year.
⭐Today there will be earnings reports of Microsoft, Alphabet (Google), Visa, Coca-Cola, McDonald’s, General Motors, and General Electric.
Disclaimer: The content above represents only the views of the author or guest. It does not represent any views or positions of FOLLOWME and does not mean that FOLLOWME agrees with its statement or description, nor does it constitute any investment advice. For all actions taken by visitors based on information provided by the FOLLOWME community, the community does not assume any form of liability unless otherwise expressly promised in writing.
FOLLOWME Trading Community Website: https://www.followme.com
Hot
-THE END-