• English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
US Dollar: 1. Federal Reserve – ① Milan: The economy needs a significant interest rate cut; rising unemployment is due to overly tight monetary policy. ② Bessant revealed that Trump is very likely to announce the new chairman before Christmas. Reports indicate Hassett has emerged as the frontrunner among five candidates, while others suggest there is no clear frontrunner. ③ Bessant criticized the Feds interest rate management mechanism. 2. The US fiscal years first month deficit reached $284 billion; the fiscal outlook is worrying under the shadow of a shutdown. 3. Mizuho Securities: The "Hassett effect" may put pressure on the dollar. Euro: 1. ECB Governing Council member Machlouf: We are in a favorable position regarding inflation, but we are slightly concerned about service inflation and food inflation. Pound Sterling: 1. UK Chancellor Reeves announced a 4.1% increase in the minimum wage, which may affect the UKs inflation target. 2. British media: UK Chancellor Reeves decided not to cut VAT on energy bills in the budget. 3. Sources: The UK plans to exempt London-listed companies from stamp duty for three years. Japanese Yen: 1. Japanese opposition figures: The Japanese economy is nearing its breaking point. 2. The Bank of Japan adjusts its communication methods to prepare the market for a possible rate hike as early as December. 3. Former Bank of Japan board member: The weaker yen increases the likelihood of a December rate hike. 4. Japanese opposition parties are preparing for a possible early general election. Other: 1. The Reserve Bank of New Zealand cut its benchmark interest rate by 25 basis points to 2.25%, in line with market expectations. 2. Reserve Bank of New Zealand Governor Hawkesby: Interest rates are still more likely to fall than rise; the outlook is balanced. 3. Pakistani central bank official: Pakistan has a sound regulatory system to support the use and investment of the RMB. 4. The Central Bank of Ukraine set the official exchange rate for the hryvnia at 42.40 hryvnia to the US dollar on Wednesday, a record low.Euro Stoxx 50 futures rose 0.73%; UK FTSE 100 futures rose 0.23%; and German DAX futures rose 0.74%.On November 26th, Polish Deputy Defense Minister Zalewski met with US Department of Defense officials in Washington on the 25th local time. Following the meeting, Zalewski stated that Poland expressed reservations about some key points of the draft "28-point" plan prepared by the US government to end the Russia-Ukraine conflict. He also stated that US officials had confirmed that the clause regarding the deployment of Eurofighter jets in Poland would be removed from the draft. Previously, the full content of the draft "28-point" plan prepared by the US government to end the Russia-Ukraine conflict had been publicly released. According to this plan, NATO would not expand, would not station troops in Ukraine, and Eurofighter jets would be stationed in Poland.Vanke Enterprise (02202.HK) fell more than 5% in the afternoon.November 26 - The National Development and Reform Commission (NDRC) will hold its November press conference at 3:00 PM on Thursday, November 27, in the conference room on the third floor of the NDRCs annex building.

Dow Futures Unchanged; Apple and Amazon Issue Statements

Skylar Williams

Jul 29, 2022 11:19

26.png


The bulk of U.S. stock futures were higher on Thursday evening, after a strong day for key benchmark indexes, as earnings releases from large technology companies boosted risk appetite.


At 7:10pm ET (11:00pm GMT), Dow Jones Futures remained steady, while S&P 500 Futures and Nasdaq 100 Futures increased 0.4% and 1.1%, respectively.


Apple (NASDAQ:AAPL) rose 3 percent in extended trade after posting Q3 earnings per share of $1.20, above estimates of $1.16, and revenue of $82.96 billion, vs $82.59 billion expected.


Amazon (NASDAQ:AMZN) surged 13.6% after reporting Q2 losses of $0.20 per share, $0.33 worse than the consensus forecast of $0.13. The actual revenue was $121.23 billion, as opposed to the anticipated $119.18 billion.


Intel (NASDAQ:INTC) slumped 8.5% after announcing Q2 EPS of $0.29, well below analyst estimates of $0.70, on revenues of $15.32 billion as opposed to $17.96 billion.


United States Steel Corporation (NYSE:X) rose 3.5% after reporting Q2 profits per share of $3.86, above estimates of $3.50, and revenues of $6.29 billion, exceeding estimates of $5.50 billion.


Roku (NASDAQ:ROKU) lost $0.82 per share in the second quarter, which was worse than the average expectation of $0.68 per share. Actual sales was $764.4 million, which was less than the $804.13 million expected.


DexCom Inc (NASDAQ:DXCM) plummeted 17.8 percent after the company reported Q2 earnings per share of $0.17 instead of $0.19 and revenue of $696.2 million instead of $704.45 million.


Significant inflation data and second-quarter employment expenses will dominate Friday's session, along with earnings announcements from Chevron Corp (NYSE:CVX), Exxon Mobil Corp (NYSE:XOM), and Procter & Gamble Company (NYSE:PG) (NYSE:PG).


During Thursday's usual trading day, the Dow Jones Industrial Average increased 332 points, or 1%, to 32,529.6, the S&P 500 increased 48.8 points, or 1.2 percent, to 4,072.4, and the technology-focused NASDAQ Composite increased 130.2 points, or 1.1 percent, to 12,522.6.


This week, risk appetite increased as the Federal Reserve delivered a 75 basis point rate decrease and remained more dovish than expected on Wednesday, and as Thursday's dismal GDP data increased the chances of a Fed pause in interest rate increases.


The 10-Year United States interest rate was 2.671% in the bond markets.