437 days ago
This week will be marked by US earnings throughout the week starting with Microsoft on Tuesday in after-hours. Thursday will be marked by US GDP. But most important, the Fed's favorite gauge of inflation, the PCE, will be released on Friday, which could add volatility to stocks.
440 days ago
Chinese CSI300 index gained 2.6% this week as foreign investors continued to buy local shares on the back of pro-growth policies.
443 days ago
S&P500 futures are looking are heading higher following positive economic data from China and European investor sentiment readings. Looking at technicals we see 4025 as a major short-term resistance level and 4'000 as a short-term support. FOMC Member Williams is set to speak in 30 minutes (3pm European time).
444 days ago
The next 3 weeks will see some of the largest companies in the world report quarterly earnings. Could expectations be too low for S&P 500 earnings ? What do you think?
444 days ago
This week is packed with the WEF in Davos and many Fed speakers throughout the week. We have US retails sales for December to watch for on Wednesday. After disappointing sales in November, we will be looking for signs that the economy is still resilient. And earnings of course with names such as Netflix and Procter and Gamble reporting. We should also monitor commodities, as if these rise again too quickly this year, it could cause inflationary pressures. It is important to keep in mind that China is a major driver of commodities demand. For instance for copper Chinese demand is 2 x the demand of US and Europe combined.
