Please note that due to market volatility, some of the scenarios may have already been played out and the information below is not an investment advice.
Markets await Trump’s Iran decision: After starting the day strong, gains in US markets were somewhat curbed due to a tweet by president Trump, who said that at 18:00 GMT, he will be announcing his decision in regards of the nuclear deal with Iran. If Trump back out of the deal, which has been in place since 2015, he will re-impose sanctions on the Persian Gulf nation and perhaps announce new sanctions on countries who do business with Iran.
Disney to announce earnings: On the heels of two positive sessions, the media giant will be releasing its earnings report after-hours today. The earnings come after Disney’s latest blockbuster, Avenger: Infinity War, recently became the fastest movie to earn $1 billion globally. The earnings may be overshadowed by recent reports suggesting media corporation Comcast may be planning a hostile takeover of Fox, which agreed to sell its assets to Disney.
Asian markets seen higher: Impressive gains were seen in Asia this morning, as the Nikkei, Hang Seng and China50 all registered gains. At the time of writing, the China50 was up more than 2.5%.
Apple continues to set records: The tech giant closed higher yesterday, further adding to its all-time high. Other companies also registered record highs, including Ferrari, GoDaddy, Visa and Mastercard.
Cryptocurrencies show slight gains: Positive momentum was seen in crypto markets, as all top 10 cryptos registered gains over the past 24 hours. At the time of writing, Bitcoin was nearly flat, trading above $9,300, while EOS was the top 10 crypto with the most gains, rising more than 7%.
Europe opens mixed: The FTSE opened 14 points higher, the CAC was nearly flat and the DAX opened 5 points lower. Banks in France will be closed today in observance of a national holiday.
Thank you for reading and for your kind support! Fell free to upvote / follow / resteem.
This post has received a 4.47 % upvote from @boomerang.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
This post is resteemed and upvoted by @bestboom
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Upvote... I just resteemed.lets help each bother
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Nyc
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit