Ipek Ozkardeskaya
Swissquote Bank Ltd
Market sentiment has improved following a deluge of data and earnings announcements on both sides of the Atlantic. In Europe, strong growth numbers were spoiled by stronger-than-expected inflation update, while in the US, terrible GDP figures were countered by a softer-than-expected PCE read.
In Japan, the Nikkei rose despite the Bank of Japan’s (BoJ) downside revision for growth and worries about inflation, and the futures hint at a positive session as both Meta and Microsoft jumped after announcing their quarterly results.
All eyes are on Apple and Amazon today, after the bell.
This report has been prepared by Swissquote Bank Ltd and is solely been published for informational purposes and is not to be construed as a solicitation or an offer to buy or sell any currency or any other financial instrument. Views expressed in this report may be subject to change without prior notice and may differ or be contrary to opinions expressed by Swissquote Bank Ltd personnel at any given time. Swissquote Bank Ltd is under no obligation to update or keep current the information herein, the report should not be regarded by recipients as a substitute for the exercise of their own judgment.
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