Global equities trade lower ahead of key earnings day of current earnings season
Today is the biggest day (by market capitalization) and the most important so far of the current earnings season.
The week remains busy for economic data and earnings reports, including US GDP data and the Fed's preferred inflation gauge
European stocks decline amid mixed earnings reports from major companies; Wall Street trades lower in pre-market trading.
Companies like UBS and Banco Santander shares drop after disappointing results, while Nestle, Kuehne + Nagel, Novartis, and ABB were able to after beating expectations
Markets await earnings reports from major tech companies such as Microsoft and Google to gauge the health of the tech sector; investors are (according to Robert: too) optimistic about the earnings of major tech companies, which have performed very well this year: Microsoft +17.5% YTD, Alphabet +20.3% YTD.
Financials slide as First Republic Bank's earnings results spark renewed concerns for banking sector
10-year Treasury yields experience significant one-day decline; markets price in peak for US interest rates in as early as June
CBOE VIX index which measures volatility is near 17-month low, but experts advise caution as low volatility may give false sense of calm
Chinese shares fall despite better-than-expected data; investor sentiment remains low due to soft corporate earnings and guidance
When I joined the Rally family, I had zero knowledge about forex. I attended their seminars and lectures and it was a thorough and quality experience. Talking about my success in forex , it’s a steady process , I’ve enjoyed lots of profits and a few losses. I’m grateful for the rally trade foundation I have, I look to grow from under the wings of Rally.
I was told I could make money in my comfort zone, then I thought; “this could actually happen in my dreams”. But guess what, I made money and I’m still making money in my comfort zone with RALLY TRADE. To my account manager OLUWASEUN: thank you for keeping to your words and for being nice at the same time, thank you for having my back, you’re the best.To RALLYTRADE: thank you for this opportunity and for letting me know I could do more and better with myself..
I am so much impressed not by anybody's action or motivation to pronounce my encounter with rally trade company. I would love to say this company has done so much in my life; personally. I listen to a radio station programme about a seminar/training on how to trade forex, I planned to attend though I don't believe it will work for me. After the training I got a call from one of Rally trade staff, in person of Tamuno who done so much to convince me to go in for the trade. This young girl have been so impacting since I stated the trade and she has never for once ignore my request for support and advice; I so much appreciate you...
Oluwatuyi Timileyin Samuel
THANK YOU, THANK YOU, THANK YOU Rally trade team for the excellent work you are doing. I recommend rally trade for anyone who want to profitably trade Forex on a consistent basis.
I have been with rally trade broker for one year now, they are reliable broker and they have excellent performance in term of training, customer service and prompt payment of profit withdrawal. Morealso, i am also beneficiary of one of their partner program (introducing broker) which I have been receiving payment for monthly commission on it. I recommend Rally trade to d prospective individual and company that intend to trade in forex . Thanks to Rally Trade